£170,282
This estimated value is based upon the latest sale price for the house of £127,500 on 29 Jun 2016. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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4 Market Square, Leighton Buzzard, LU7 1HA
Phone: 01525213041
| Price Paid | Date |
|---|---|
| £127,500 | 29 Jun 2016 |
| £102,950 | 10 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 37 sq meters or 398 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 June 2016 the House Price Index for BEDFORDSHIRE was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £127,500 results in an estimated price of approximately £170,282.
| 29 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £127,500 | £42,782 | £170,282 |
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 | -9.730 % | £-12,406 | £115,093 |
| 3 Month Average | 23.786 % | £30,326 | £157,826 |
| 6 Month Average | 28.877 % | £36,818 | £164,318 |
| 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 37 sq meters or 398 sq feet when measured on 26 Jun 2012. Using an estimated price of £170,283 means this house is valued at £4,602 per sq meter (£427 per sq foot).
The average size of a house on GROVE ROAD is 108 sq meters (1,164 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 | Other theft | Under investigation | On or near Lindler Court |