£1,472,189
This estimated value is based upon the latest sale price for the house of £285,000 on 2 May 1997. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
There have been two burglaries within the last year on or near Mill Lane
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2-4 Park Road, Sandy, SG19 1JB
Phone: 01767236014
Price Paid | Date |
---|---|
£285,000 | 2 May 1997 |
Detached |
Freehold |
Floor Area: 509 sq meters or 5,478 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORDSHIRE to estimate the market value.
When this house was purchased in May 1997 the House Price Index for BEDFORDSHIRE was 28.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 416.558%.Applying this 416.558% change to the original purchase price of £285,000 results in an estimated price of approximately £1,472,189.
2 May 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 148.6 | 416.558 % | £285,000 | £1,187,189 | £1,472,189 |
The Postcode Pricing Model uses changes in average sales price within the SG19 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 | 346.431 % | £987,327 | £1,272,327 |
3 Month Average | 325.078 % | £926,472 | £1,211,472 |
6 Month Average | 358.871 % | £1,022,781 | £1,307,781 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Sep 2023 | £336,781 | £332,475 | 24 THE AVENUE |
9 Aug 2022 | £244,342 | £245,000 | 47 MILL LANE |
6 Jan 2022 | £473,584 | £450,000 | 9 ELDER CLOSE |
28 Sep 2021 | £436,425 | £405,000 | 16 THE AVENUE |
20 Aug 2021 | £680,526 | £610,000 | 13 PARK COURT |
This house has a floor area of 509 sq meters or 5,478 sq feet when measured on 26 Apr 2016. Using an estimated price of £1,472,189 means this house is valued at £2,892 per sq meter (£268 per sq foot).
The average size of a house on MILL LANE is 141 sq meters (1,526 sq feet).
This house is the largest in the street with a floor area of 509 sq meters (5,478 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Mill Lane |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Filland Court |
Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Foster Grove |
Feb 2024 | Drugs | Under investigation | On or near The Baulk |