£216,964
This estimated value is based upon the latest sale price for the house of £124,950 on 22 Dec 2011. 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 |
---|---|
£124,950 | 22 Dec 2011 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,083 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 December 2011 the House Price Index for BEDFORD was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £124,950 results in an estimated price of approximately £216,964.
22 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £124,950 | £92,014 | £216,964 |
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 | 48.299 % | £60,349 | £185,299 |
3 Month Average | 71.507 % | £89,347 | £214,297 |
6 Month Average | 69.160 % | £86,414 | £211,364 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Jun 2023 | £163,272 | £160,000 | 5 CAVENDISH COURT SHAKESPEARE ROAD |
30 Jun 2022 | £137,949 | £135,000 | 19 HILBRE GRANGE SHAKESPEARE ROAD |
16 Jun 2022 | £145,102 | £142,000 | 15 HILBRE GRANGE SHAKESPEARE ROAD |
14 Jun 2022 | £127,730 | £125,000 | 9 HILBRE GRANGE SHAKESPEARE ROAD |
1 Jun 2022 | £136,416 | £133,500 | 25 HILBRE GRANGE SHAKESPEARE ROAD |
This house has a floor area of 100 sq meters or 1,083 sq feet when measured on 16 Apr 2010. Using an estimated price of £216,964 means this house is valued at £2,155 per sq meter (£200 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 65 sq meters (709 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Drugs | Unable to prosecute suspect | On or near Keats Close |
Apr 2024 | Anti-social behaviour | On or near Keats Close | |
Apr 2024 | Anti-social behaviour | On or near Keats Close | |
Apr 2024 | Anti-social behaviour | On or near Keats Close | |
Apr 2024 | Anti-social behaviour | On or near Keats Close |