£583,024
This estimated value is based upon the latest sale price for the house of £340,000 on 25 Jul 2012. 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 |
|---|---|
| £340,000 | 25 Jul 2012 |
| £165,000 | 3 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,742 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 July 2012 the House Price Index for BEDFORD was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.478%.Applying this 71.478% change to the original purchase price of £340,000 results in an estimated price of approximately £583,024.
| 25 Jul 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.478 % | £340,000 | £243,024 | £583,024 |
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 | 88.609 % | £301,269 | £641,269 |
| 3 Month Average | 31.338 % | £106,547 | £446,547 |
| 6 Month Average | 43.386 % | £147,513 | £487,513 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Aug 2023 | £386,980 | £380,000 | 9 CUTCLIFFE GROVE |
| 3 Aug 2023 | £665,758 | £653,750 | 30 BEVERLEY CRESCENT |
| 23 May 2022 | £659,173 | £642,000 | 36 CUTCLIFFE GROVE |
| 4 Jan 2022 | £265,044 | £249,995 | 10 ALL SAINTS ROAD |
| 5 Nov 2021 | £602,504 | £553,000 | 15 CUTCLIFFE PLACE |
This house has a floor area of 161 sq meters or 1,742 sq feet when measured on 6 Mar 2012. Using an estimated price of £583,025 means this house is valued at £3,601 per sq meter (£334 per sq foot).
The average size of a house on CUTCLIFFE GROVE is 149 sq meters (1,609 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Cutcliffe Grove |
| Aug 2024 | Anti-social behaviour | On or near Cutcliffe Grove | |
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cutcliffe Place |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Cutcliffe Gardens |
| Jun 2024 | Vehicle crime | Awaiting court outcome | On or near Cutcliffe Gardens |