£159,407
This estimated value is based upon the latest sale price for the house of £85,000 on 18 Mar 2005. 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 |
|---|---|
| £85,000 | 18 Mar 2005 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 42 sq meters or 452 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 March 2005 the House Price Index for BEDFORDSHIRE was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £85,000 results in an estimated price of approximately £159,407.
| 18 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £85,000 | £74,407 | £159,407 |
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 | 115.125 % | £97,856 | £182,856 |
| 3 Month Average | 92.702 % | £78,796 | £163,796 |
| 6 Month Average | 112.699 % | £95,794 | £180,794 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Jun 2023 | £163,272 | £160,000 | 5 CAVENDISH COURT SHAKESPEARE ROAD |
| 7 Dec 2021 | £280,620 | £260,000 | 81 SHAKESPEARE ROAD |
| 11 Nov 2020 | £105,114 | £90,000 | FLAT K 55 SHAKESPEARE ROAD |
| 10 Jan 2020 | £294,898 | £240,000 | 79A SHAKESPEARE ROAD |
| 20 Dec 2019 | £852,733 | £690,000 | 41 SHAKESPEARE ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 27 Oct 2021. Using an estimated price of £159,408 means this house is valued at £3,795 per sq meter (£352 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 | Violence and sexual offences | Unable to prosecute suspect | On or near Keats Close |
| 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 |