£220,823
This estimated value is based upon the latest sale price for the house of £147,500 on 31 Oct 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 |
---|---|
£147,500 | 31 Oct 2014 |
£140,000 | 29 Nov 2007 |
£118,000 | 22 Oct 2004 |
£79,995 | 22 Mar 2002 |
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 2014 the House Price Index for BEDFORDSHIRE was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £147,500 results in an estimated price of approximately £220,823.
31 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.3 | 148.6 | 49.711 % | £147,500 | £73,323 | £220,823 |
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 | 117.261 % | £172,959 | £320,459 |
3 Month Average | 47.604 % | £70,215 | £217,715 |
6 Month Average | 37.339 % | £55,074 | £202,574 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Jun 2023 | £445,395 | £440,000 | 61 SPENSER ROAD |
15 Aug 2022 | £219,409 | £220,000 | 18 SIDNEY ROAD |
12 Aug 2022 | £388,953 | £390,000 | 86 SPENSER ROAD |
8 Jun 2022 | £207,939 | £205,000 | 62A SPENSER ROAD |
1 Dec 2021 | £455,335 | £425,000 | 17 SIDNEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 14 Sep 2020. Using an estimated price of £220,823 means this house is valued at £3,247 per sq meter (£301 per sq foot).
The average size of a house on SPENSER ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Violence and sexual offences | Under investigation | On or near Sidney Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Spenser Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Spenser Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Spenser Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Spenser Road |