£324,017
This estimated value is based upon the latest sale price for the house of £222,000 on 1 May 2015. 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 |
|---|---|
| £222,000 | 1 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 102 sq meters or 1,097 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 May 2015 the House Price Index for BEDFORD was 101.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 45.954%.Applying this 45.954% change to the original purchase price of £222,000 results in an estimated price of approximately £324,017.
| 1 May 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.8 | 148.6 | 45.954 % | £222,000 | £102,017 | £324,017 |
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 | 140.457 % | £311,813 | £533,813 |
| 3 Month Average | 50.375 % | £111,831 | £333,831 |
| 6 Month Average | 27.155 % | £60,284 | £282,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £231,551 | £227,500 | 21 CHESTERTON MEWS |
| 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 |
This house has a floor area of 102 sq meters or 1,097 sq feet when measured on 11 Feb 2015. Using an estimated price of £324,018 means this house is valued at £3,176 per sq meter (£295 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 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowper Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cowper Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Keats Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Keats Close |