£212,008
This estimated value is based upon the latest sale price for the house of £123,000 on 15 Dec 2011. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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4 Market Square, Leighton Buzzard, LU7 1HA
Phone: 01525213041
| Price Paid | Date |
|---|---|
| £123,000 | 15 Dec 2011 |
| £120,000 | 9 Sep 2005 |
| £105,000 | 8 Oct 2003 |
| Terraced |
| Freehold |
| Floor Area: 50 sq meters or 548 sq feet |
This model uses changes in the Official Land Registry House Price Index for CENTRAL BEDFORDSHIRE to estimate the market value.
When this house was purchased in December 2011 the House Price Index for CENTRAL BEDFORDSHIRE was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.365%.Applying this 72.365% change to the original purchase price of £123,000 results in an estimated price of approximately £212,008.
| 15 Dec 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.365 % | £123,000 | £89,008 | £212,008 |
The Postcode Pricing Model uses changes in average sales price within the LU7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.957 % | £39,307 | £162,307 |
| 3 Month Average | 64.736 % | £79,624 | £202,624 |
| 6 Month Average | 71.123 % | £87,480 | £210,480 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £117,000 | £117,000 | FLAT 5 ICKNIELD HOUSE GROVE ROAD |
| 19 Dec 2023 | £277,353 | £272,500 | FLAT 5 EVERSHOLT HOUSE GROVE PLACE |
| 20 Jul 2023 | £278,752 | £275,000 | 9 BILLINGTON ROAD |
| 14 Jul 2023 | £253,411 | £250,000 | 3 HODDESDON VILLAS |
| 12 Jan 2023 | £567,328 | £570,000 | 24 GROVE ROAD |
This house has a floor area of 50 sq meters or 548 sq feet when measured on 14 Aug 2010. Using an estimated price of £212,009 means this house is valued at £4,162 per sq meter (£386 per sq foot).
The average size of a house on OLD CHAPEL MEWS is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Old Chapel Mews |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Old Chapel Mews |
| Feb 2024 | Anti-social behaviour | On or near Lake Street | |
| Feb 2024 | Anti-social behaviour | On or near Lake Street | |
| Mar 2024 | Bicycle theft | Under investigation | On or near Theatre/Concert Hall |