£561,316
This estimated value is based upon the latest sale price for the house of £455,500 on 26 Oct 2018. 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 |
---|---|
£455,500 | 26 Oct 2018 |
Detached |
Freehold |
Floor Area: 178 sq meters or 1,926 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 October 2018 the House Price Index for BEDFORD was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £455,500 results in an estimated price of approximately £561,316.
26 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.231 % | £455,500 | £105,816 | £561,316 |
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 | 32.523 % | £148,142 | £603,642 |
3 Month Average | 9.398 % | £42,809 | £498,309 |
6 Month Average | 0.207 % | £944 | £456,444 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £142,104 | £140,000 | FLAT 1 76 CHAUCER ROAD |
10 Aug 2022 | £603,376 | £605,000 | 4 KEATS CLOSE |
20 Jun 2022 | £126,792 | £125,000 | FLAT 15 REGENTS COURT, 44 SHAKESPEARE ROAD |
28 Sep 2021 | £171,337 | £159,000 | FLAT 3 74 CHAUCER ROAD |
27 Aug 2021 | £153,397 | £137,500 | FLAT 7 OTHELLO COURT, 50 SHAKESPEARE ROAD |
This house has a floor area of 178 sq meters or 1,926 sq feet when measured on 1 Mar 2010. Using an estimated price of £561,317 means this house is valued at £3,136 per sq meter (£291 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 Keats Close | |
Apr 2024 | Anti-social behaviour | On or near Keats Close | |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keats Close |
Jan 2024 | Public order | Awaiting court outcome | On or near Keats Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Keats Close |