£7,049,072
This estimated value is based upon the latest sale price for the house of £5,700,000 on 23 Apr 2019. This value is then adjusted by the current Official House Price Index for CENTRAL BEDFORDSHIRE 1
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9 Bedford Square, Houghton Regis, LU5 5ES
Phone: 01582955821
Price Paid | Date |
---|---|
£5,700,000 | 23 Apr 2019 |
£2,500,000 | 25 Apr 2016 |
Freehold |
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 April 2019 the House Price Index for CENTRAL BEDFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £5,700,000 results in an estimated price of approximately £7,049,072.
23 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.2 | 148.6 | 23.668 % | £5,700,000 | £1,349,072 | £7,049,072 |
The Postcode Pricing Model uses changes in average sales price within the LU5 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 | 1.140 % | £64,984 | £5,764,984 |
3 Month Average | 10.510 % | £599,076 | £6,299,076 |
6 Month Average | 11.030 % | £628,733 | £6,328,733 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £164,434 | £162,000 | 103 CEMETERY ROAD |
25 Aug 2023 | £307,692 | £305,000 | 178 CEMETERY ROAD |
27 Jun 2023 | £59,018 | £58,303 | UNIT 9-11 APEX BUSINESS CENTRE |
13 Jan 2023 | £646,952 | £650,000 | UNIT 26 APEX BUSINESS CENTRE |
17 Nov 2022 | £3,013,498 | £3,050,000 | UNIT 6 FOSTER AVENUE |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Other theft | Under investigation | On or near Porz Avenue |
Mar 2024 | Drugs | Local resolution | On or near Porz Avenue |
Mar 2024 | Drugs | Under investigation | On or near Porz Avenue |
Mar 2024 | Vehicle crime | Under investigation | On or near Porz Avenue |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Porz Avenue |