£194,341
This estimated value is based upon the latest sale price for the house of £125,000 on 31 Oct 2007. This value is then adjusted by the current Official House Price Index for BEDFORDSHIRE 1
There have been two burglaries within the last year on or near Shakespeare Road
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118 Bromham Road, Bedford, MK40 2QN
Phone: 01234584178
| Price Paid | Date |
|---|---|
| £125,000 | 31 Oct 2007 |
| £107,500 | 3 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 631 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 October 2007 the House Price Index for BEDFORDSHIRE was 95.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.473%.Applying this 55.473% change to the original purchase price of £125,000 results in an estimated price of approximately £194,341.
| 31 Oct 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.6 | 148.6 | 55.473 % | £125,000 | £69,341 | £194,341 |
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 | 180.322 % | £225,401 | £350,401 |
| 3 Month Average | 69.451 % | £86,813 | £211,813 |
| 6 Month Average | 57.006 % | £71,257 | £196,257 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2022 | £24,701 | £25,000 | 47A CHAUCER ROAD |
| 19 Aug 2022 | £164,557 | £165,000 | FLAT 1 29 CHAUCER ROAD |
| 20 Jun 2022 | £126,792 | £125,000 | FLAT 15 REGENTS COURT, 44 SHAKESPEARE ROAD |
| 2 Feb 2022 | £132,660 | £126,500 | FLAT 1 27 CHAUCER ROAD |
| 1 Oct 2021 | £1,217,126 | £1,100,000 | 65 CHAUCER ROAD |
This house has a floor area of 58 sq meters or 631 sq feet when measured on 24 Mar 2009. Using an estimated price of £194,342 means this house is valued at £3,310 per sq meter (£307 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Shakespeare Road |
| Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Shakespeare Road |
| Feb 2024 | Drugs | Awaiting court outcome | On or near Shakespeare Road |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shakespeare Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Shakespeare Road |