5, MITRE CLOSE, BEDFORD, MK41 0SR - £243,500

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.

5 MITRE CLOSE is a detached house, which could now be worth an estimated £502,133. It was last sold for £243,500 in May 2006, which was around 11% below the average May 2006 detached price in the Bedford local authority area.

5 MITRE CLOSE Sold Prices

Land registry data shows two sales for 5 MITRE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bedford local authority area for the corresponding sale date. Both of the two 5 MITRE CLOSE sales were for below 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
2006 31 MAY	£243,500	£274,658	11% below HPI
1999 22 APR	£110,000	£122,723	10% below HPI

What might 5 MITRE CLOSE be worth now?

5 MITRE CLOSE might now be worth an estimated £502,133.

This is based on house price inflation of 106.2%, between May 2006 and May 2026, for detached houses, in the Bedford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.2% inflationary increase is applied to the most recent sale price for 5 MITRE CLOSE of £243,500 on 31st May 2006. For the value to have increased from £243,500 to £502,133 over the twenty years to May 2026, the following assumptions must hold true:

• The value of 5 MITRE CLOSE has moved in line with the HPI for detached houses in the Bedford local authority area.
• The May 2006 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 5 MITRE CLOSE has not materially changed since May 2006.

Where is 5 MITRE CLOSE?

5 MITRE CLOSE is located in BEDFORD, in the MK41 postcode district.