41, REEVE CLOSE, LEIGHTON BUZZARD, LU7 4RX - £198,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

41 REEVE CLOSE is a very large flat of 68m², built sometime between 2003 and 2006, which could now be worth an estimated £192,879. It was last sold for £198,500 in August 2022, which was around 12% above the average August 2022 flat price in the Central Bedfordshire local authority area. The most recent EPC inspection was August 2021, where the current energy rating was C, and the potential energy rating was C.

41 REEVE CLOSE Sold Prices

Land registry data shows three sales for 41 REEVE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Central Bedfordshire local authority area for the corresponding sale date. All of the three 41 REEVE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2022 15 AUG	£198,500	£177,645	12% above HPI
2012 23 AUG	£125,000	£109,401	14% above HPI
2006 20 OCT	£157,500	£121,078	30% above HPI

What might 41 REEVE CLOSE be worth now?

41 REEVE CLOSE might now be worth an estimated £192,879.

This is based on house price deflation of 2.8%, between August 2022 and May 2026, for flats, in the Central Bedfordshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.8% deflationary decrease is applied to the most recent sale price for 41 REEVE CLOSE of £198,500 on 15th August 2022. For the value to have decreased from £198,500 to £192,879 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 41 REEVE CLOSE has moved in line with the HPI for flats in the Central Bedfordshire local authority area.
• The August 2022 sale price of £198,500 represented a fair market value for the property.
• The size, condition, and specification of 41 REEVE CLOSE has not materially changed since August 2022.

How Large is 41 REEVE CLOSE?

41 REEVE CLOSE is 68m² according to the EPC inspection conducted in August 2021. This puts it in the largest 20% of flats in Leighton Buzzard, based on EPC data. 85% of flats are smaller than 41 REEVE CLOSE, and 13% of flats are larger. Note that EPC data is not available for all properties in Leighton Buzzard.

41 REEVE CLOSE: Plot

41 REEVE CLOSE sits on a plot of roughly 0.942 of an acre, or 3,811m².

Where is 41 REEVE CLOSE?

41 REEVE CLOSE is located in LEIGHTON BUZZARD, in the LU7 postcode district.