£1,296,940
This estimated value is based upon the latest sale price for the house of £1,038,000 on 7 Feb 2018. 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 |
|---|---|
| £1,038,000 | 7 Feb 2018 |
| 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 February 2018 the House Price Index for CENTRAL BEDFORDSHIRE was 118.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.946%.Applying this 24.946% change to the original purchase price of £1,038,000 results in an estimated price of approximately £1,296,940.
| 7 Feb 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 148.6 | 24.946 % | £1,038,000 | £258,940 | £1,296,940 |
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 | 33.774 % | £350,579 | £1,388,579 |
| 3 Month Average | 20.461 % | £212,383 | £1,250,383 |
| 6 Month Average | 20.599 % | £213,817 | £1,251,817 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £358,777 | £352,500 | 16 RIDGEWAY AVENUE |
| 27 Jun 2023 | £59,018 | £58,303 | UNIT 9-11 APEX BUSINESS CENTRE |
| 9 Mar 2023 | £358,376 | £355,000 | 145 RIDGEWAY AVENUE |
| 13 Jan 2023 | £646,952 | £650,000 | UNIT 26 APEX BUSINESS CENTRE |
| 25 Oct 2022 | £16,818,909 | £17,000,000 | UNIT E CHILTERN PARK INDUSTRIAL ESTATE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Possession of weapons | Under investigation | On or near Lovett Way |
| Jan 2024 | Anti-social behaviour | On or near Lovett Way | |
| Jan 2024 | Anti-social behaviour | On or near Lovett Way | |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Lovett Way |
| Jan 2024 | Anti-social behaviour | On or near Lovett Way |