£173,910
This estimated value is based upon the latest sale price for the house of £114,000 on 6 Aug 2014. 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 |
|---|---|
| £114,000 | 6 Aug 2014 |
| £136,000 | 23 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 577 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 August 2014 the House Price Index for BEDFORDSHIRE was 98.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 52.553%.Applying this 52.553% change to the original purchase price of £114,000 results in an estimated price of approximately £173,910.
| 6 Aug 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.1 | 149.7 | 52.553 % | £114,000 | £59,910 | £173,910 |
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 | 12.075 % | £13,765 | £127,765 |
| 3 Month Average | 45.459 % | £51,823 | £165,823 |
| 6 Month Average | 67.338 % | £76,765 | £190,765 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £168,031 | £165,000 | 16G ASHBURNHAM ROAD |
| 16 Jun 2023 | £168,374 | £165,000 | 7 DEARNE VILLAS |
| 7 Mar 2023 | £406,793 | £400,000 | 24 WOBURN ROAD |
| 26 May 2022 | £92,407 | £90,000 | FLAT 3 41 GRAFTON ROAD |
| 22 Apr 2022 | £169,100 | £163,000 | FLAT 5 GUILDHALLS, 43 ASHBURNHAM ROAD |
This house has a floor area of 53 sq meters or 577 sq feet when measured on 9 Sep 2009. Using an estimated price of £173,910 means this house is valued at £3,240 per sq meter (£301 per sq foot).
The average size of a house on ASHBURNHAM ROAD is 66 sq meters (715 sq feet).