£190,774
This estimated value is based upon the latest sale price for the house of £165,000 on 8 Dec 2020. This value is then adjusted by the current Official House Price Index for BEDFORD 1
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118 Bromham Road, Bedford, MK40 2QN
Phone: 01234584178
Price Paid | Date |
---|---|
£165,000 | 8 Dec 2020 |
Terraced |
Freehold |
Floor Area: 51 sq meters or 548 sq feet |
This model uses changes in the Official Land Registry House Price Index for BEDFORD to estimate the market value.
When this house was purchased in December 2020 the House Price Index for BEDFORD was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £165,000 results in an estimated price of approximately £190,774.
8 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £165,000 | £25,774 | £190,774 |
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 | -4.727 % | £-7,799 | £157,200 |
3 Month Average | -5.190 % | £-8,564 | £156,435 |
6 Month Average | 8.416 % | £13,887 | £178,887 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £140,088 | £137,000 | 163 CROWE ROAD |
8 Jul 2022 | £141,417 | £140,000 | 203 CROWE ROAD |
7 Jul 2022 | £207,075 | £205,000 | 5 QUEENSBURY CLOSE |
14 Apr 2022 | £162,875 | £157,000 | 50 QUEENSBURY CLOSE |
11 Feb 2022 | £132,585 | £125,500 | 179 CROWE ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 6 Aug 2018. Using an estimated price of £190,775 means this house is valued at £3,740 per sq meter (£347 per sq foot).
The average size of a house on QUEENSBURY CLOSE is 54 sq meters (584 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Queensbury Close |
Jul 2024 | Anti-social behaviour | On or near Queensbury Close | |
May 2024 | Anti-social behaviour | On or near Queensbury Close | |
May 2024 | Anti-social behaviour | On or near Queensbury Close | |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Queensbury Close |