£116,510
This estimated value is based upon the latest sale price for the house of £41,600 on 15 Jul 2002. 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 |
---|---|
£41,600 | 15 Jul 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 590 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 July 2002 the House Price Index for BEDFORD was 53.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 180.072%.Applying this 180.072% change to the original purchase price of £41,600 results in an estimated price of approximately £116,510.
15 Jul 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
53.1 | 148.6 | 180.072 % | £41,600 | £74,910 | £116,510 |
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 | 268.670 % | £111,766 | £153,366 |
3 Month Average | 164.932 % | £68,611 | £110,211 |
6 Month Average | 160.002 % | £66,560 | £108,160 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £142,104 | £140,000 | FLAT 1 76 CHAUCER ROAD |
7 Nov 2022 | £24,701 | £25,000 | 47A CHAUCER ROAD |
19 Aug 2022 | £164,557 | £165,000 | FLAT 1 29 CHAUCER ROAD |
29 Apr 2022 | £162,708 | £158,000 | FLAT 3 58 CHAUCER ROAD |
2 Feb 2022 | £132,660 | £126,500 | FLAT 1 27 CHAUCER ROAD |
This house has a floor area of 54 sq meters or 590 sq feet when measured on 27 Sep 2011. Using an estimated price of £116,510 means this house is valued at £2,123 per sq meter (£197 per sq foot).
The average size of a house on CHAUCER ROAD is 83 sq meters (897 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Chaucer Road | |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Chaucer Road |
Feb 2024 | Other theft | Under investigation | On or near Chaucer Road |
Jan 2024 | Other crime | Unable to prosecute suspect | On or near Chaucer Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chaucer Road |