£834,758
This estimated value is based upon the latest sale price for the house of £675,000 on 4 Apr 2019. 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 |
|---|---|
| £675,000 | 4 Apr 2019 |
| £410,000 | 8 Jan 2004 |
| £122,500 | 4 Jul 1996 |
| Detached |
| Freehold |
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 April 2019 the House Price Index for BEDFORDSHIRE was 120.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.668%.Applying this 23.668% change to the original purchase price of £675,000 results in an estimated price of approximately £834,758.
| 4 Apr 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.6 | 23.668 % | £675,000 | £159,758 | £834,758 |
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 | 83.092 % | £560,872 | £1,235,872 |
| 3 Month Average | 23.623 % | £159,458 | £834,458 |
| 6 Month Average | 6.271 % | £42,332 | £717,332 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £142,104 | £140,000 | FLAT 1 76 CHAUCER ROAD |
| 1 Jun 2023 | £445,395 | £440,000 | 61 SPENSER 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 |
| 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 | Unable to prosecute suspect | On or near Chaucer Road |