£127,279
This estimated value is based upon the latest sale price for the house of £108,500 on 16 Oct 2020. 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 |
---|---|
£108,500 | 16 Oct 2020 |
£92,000 | 30 Jul 2004 |
£72,500 | 29 Jan 2003 |
£43,500 | 25 Apr 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 68 sq meters or 731 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 October 2020 the House Price Index for BEDFORDSHIRE was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £108,500 results in an estimated price of approximately £127,279.
16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
126.7 | 148.6 | 17.308 % | £108,500 | £18,779 | £127,279 |
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 | 39.065 % | £42,385 | £150,885 |
3 Month Average | 3.999 % | £4,338 | £112,838 |
6 Month Average | 0.655 % | £710 | £109,210 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Aug 2023 | £195,712 | £194,000 | FLAT 4 HOLLAND HOUSE, 16A LINDEN ROAD |
24 Mar 2023 | £248,340 | £246,000 | FLAT 6 CYMBELINE COURT, 1 SHAKESPEARE ROAD |
14 Oct 2022 | £748,936 | £757,000 | BLACKMORE HOUSE, 24 LINDEN ROAD |
29 Jul 2022 | £666,795 | £665,000 | 14 SHAKESPEARE ROAD |
31 Mar 2022 | £751,290 | £725,000 | CAMPBELL HOUSE, 26 LINDEN ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 21 Oct 2014. Using an estimated price of £127,280 means this house is valued at £1,871 per sq meter (£173 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 65 sq meters (709 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Further/Higher Educational Building |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Further/Higher Educational Building |
Apr 2024 | Anti-social behaviour | On or near Dynevor Road | |
Apr 2024 | Anti-social behaviour | On or near Oberon Court |