£197,875
This estimated value is based upon the latest sale price for the house of £159,000 on 22 Jan 2019. 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 |
|---|---|
| £159,000 | 22 Jan 2019 |
| £125,000 | 20 Feb 2008 |
| £34,000 | 28 Nov 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 30 sq meters or 322 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 January 2019 the House Price Index for BEDFORDSHIRE was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.450%.Applying this 24.450% change to the original purchase price of £159,000 results in an estimated price of approximately £197,875.
| 22 Jan 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.450 % | £159,000 | £38,875 | £197,875 |
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 | 50.794 % | £80,763 | £239,763 |
| 3 Month Average | 3.353 % | £5,330 | £164,330 |
| 6 Month Average | 4.272 % | £6,793 | £165,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Nov 2022 | £24,884 | £25,000 | 47A CHAUCER ROAD |
| 19 Aug 2022 | £165,775 | £165,000 | FLAT 1 29 CHAUCER ROAD |
| 20 Jun 2022 | £127,730 | £125,000 | FLAT 15 REGENTS COURT, 44 SHAKESPEARE ROAD |
| 2 Feb 2022 | £133,642 | £126,500 | FLAT 1 27 CHAUCER ROAD |
| 1 Oct 2021 | £1,226,135 | £1,100,000 | 65 CHAUCER ROAD |
This house has a floor area of 30 sq meters or 322 sq feet when measured on 23 Jan 2013. Using an estimated price of £197,875 means this house is valued at £6,595 per sq meter (£612 per sq foot).
The average size of a house on SHAKESPEARE ROAD is 65 sq meters (709 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |
| Sep 2024 | Drugs | Local resolution | On or near Shakespeare Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Shakespeare Road |