£567,482
This estimated value is based upon the latest sale price for the house of £400,000 on 10 Sep 2015. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
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118 Bromham Road, Bedford, MK40 2QN
Phone: 01234584178
| Price Paid | Date |
|---|---|
| £400,000 | 10 Sep 2015 |
| £96,000 | 29 Oct 1997 |
| Detached |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 September 2015 the House Price Index for BEDFORDSHIRE was 104.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 41.871%.Applying this 41.871% change to the original purchase price of £400,000 results in an estimated price of approximately £567,482.
| 10 Sep 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 104.7 | 148.6 | 41.871 % | £400,000 | £167,482 | £567,482 |
The Postcode Pricing Model uses changes in average sales price within the MK40 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 | 49.646 % | £198,584 | £598,584 |
| 3 Month Average | 40.408 % | £161,632 | £561,632 |
| 6 Month Average | 30.797 % | £123,187 | £523,187 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £231,551 | £227,500 | 21 CHESTERTON MEWS |
| 25 Aug 2022 | £463,752 | £465,000 | 22 BYRON CRESCENT |
| 12 Aug 2022 | £388,953 | £390,000 | 86 SPENSER ROAD |
| 10 Aug 2022 | £603,376 | £605,000 | 4 KEATS CLOSE |
| 11 Jan 2022 | £379,919 | £361,000 | 12 BYRON CRESCENT |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 21 Jan 2015. Using an estimated price of £567,482 means this house is valued at £4,234 per sq meter (£393 per sq foot).
The average size of a house on COWPER ROAD is 164 sq meters (1,767 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowper Road |
| Apr 2024 | Anti-social behaviour | On or near Cowper Road | |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowper Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowper Road |
| Apr 2024 | Anti-social behaviour | On or near Keats Close |