£326,988
This estimated value is based upon the latest sale price for the house of £325,000 on 25 Aug 2023. 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 |
---|---|
£325,000 | 25 Aug 2023 |
£295,000 | 21 Sep 2017 |
Semi-Detached |
Freehold |
Floor Area: 84 sq meters or 904 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 August 2023 the House Price Index for BEDFORD was 147.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.612%.Applying this 0.612% change to the original purchase price of £325,000 results in an estimated price of approximately £326,988.
25 Aug 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
147.1 | 148.0 | 0.612 % | £325,000 | £1,988 | £326,988 |
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 | 142.342 % | £462,611 | £787,611 |
3 Month Average | 6.815 % | £22,147 | £347,147 |
6 Month Average | -7.085 % | £-23,025 | £301,974 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £326,171 | £320,000 | 34 KING GEORGE AVENUE |
25 Aug 2023 | £326,988 | £325,000 | 22 SEAFORTH GARDENS |
23 Feb 2023 | £569,307 | £572,000 | 8 SUTHERLAND LANE |
4 Jan 2023 | £396,517 | £400,000 | 19 SEAFORTH GARDENS |
7 Nov 2022 | £383,727 | £389,950 | 32 KING GEORGE AVENUE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 13 Apr 2017. Using an estimated price of £326,988 means this house is valued at £3,892 per sq meter (£361 per sq foot).
The average size of a house on SEAFORTH GARDENS is 103 sq meters (1,112 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Unable to prosecute suspect | On or near Seaforth Gardens |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Seaforth Gardens |
Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Seaforth Gardens |
Apr 2024 | Other theft | Under investigation | On or near Caber Walk |
Mar 2024 | Anti-social behaviour | On or near Caber Walk |