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Bromham House Prices Bromham House Prices

The average house price in Bromham is £415,000 using HM Land Registry data.

The average property price increased by £148,634 (41.11%) over the last 5 years and increased by £29,706 (6.18%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 26 transactions (-50.98%) relative to the previous year. The majority of house sales (18) were in the £392,000 - £484,000 range. Then came properties in the £300,000 - £392,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 80 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,148 (-1%).

In April 2024, there were 19 new estate agency instructions, 10 agreed home sales and 5 property price reductions.

Neighbouring Areas: Bedford

Postcodes Covered: MK43

5-Year Average Property Prices in Bromham

41.11%

Property prices in Bromham increased by 41.11% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Bromham Over the Last Year

6.18%

Property prices in Bromham increased by 6.18% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Bromham - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Bromham

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Bromham

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Bromham

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Bromham since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bromham area since 1995.

Recent Property Sales in Bromham

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
6 Dynevor Close, Bromham, Bedford, MK43 8UB£425,000£423,000-£2,00007 Nov 202312 Mar 2024126 Days
8 Jackman Close, Bromham, Bedford, MK43 8PN£450,000£450,000£0026 Apr 202301 Mar 2024310 Days
80 Quenby Way, Bromham, Bedford, MK43 8QP£490,000£471,000-£19,00030 Jun 202316 Feb 2024231 Days
60 Village Road, Bromham, Bedford, MK43 8LJ£770,000£755,000-£15,00021 Apr 202329 Nov 2023222 Days
7 Leyside, Bromham, Bedford, MK43 8NE£400,000£375,000-£25,00020 Jun 202310 Nov 2023143 Days
9 Princes Road, Bromham, Bedford, MK43 8QD£425,000£417,000-£8,00001 Jun 202307 Nov 2023159 Days
57 Neville Crescent, Bromham, Bedford, MK43 8JQ£365,000£350,000-£15,00028 Jul 202303 Nov 202398 Days
86 Woodland Drive, Bromham, Bedford, MK43 8LA£400,000£400,000£0011 Jul 202303 Nov 2023115 Days
45 Grange Lane, Bromham, Bedford, MK43 8NS£1,150,000£1,150,000£0025 Feb 202202 Nov 2023615 Days
36 Dovehouse Close, Bromham, Bedford, MK43 8PS£420,000£403,500-£16,50022 Jun 202331 Oct 2023131 Days
2 Cornwallis Close, Bromham, Bedford, MK43 8LG£300,000£296,000-£4,00002 Jun 202323 Oct 2023143 Days
39 Wingfield Road, Bromham, Bedford, MK43 8JY£450,000£437,500-£12,50023 Feb 202311 Oct 2023230 Days
48 Oakley Road, Bromham, Bedford, MK43 8HZ£510,000£485,000-£25,00030 May 202322 Sep 2023115 Days
5 Wingfield Road, Bromham, Bedford, MK43 8JZ£310,000£305,000-£5,00020 Apr 202315 Sep 2023148 Days
18 Brook Way, Bromham, Bedford, MK43 8PG£405,000£390,000-£15,00009 May 202308 Sep 2023122 Days
58 Northampton Road, Bromham, Bedford, MK43 8PD£800,000£795,000-£5,00011 Apr 202308 Sep 2023150 Days
73 Grange Lane, Bromham, Bedford, MK43 8PA£825,000£820,000-£5,00027 Feb 202330 Aug 2023184 Days
3a, Rosemary Drive, Bromham, Bedford, MK43 8PL£650,000£625,000-£25,00012 Jan 202324 Aug 2023224 Days
7 Wingfield Road, Bromham, Bedford, MK43 8JZ£365,000£350,000-£15,00008 Mar 202323 Aug 2023168 Days
123a, Stagsden Road, Bromham, Bedford, MK43 8QJ£500,000£465,000-£35,00006 Sep 202211 Aug 2023339 Days

Most Expensive Streets in Bromham

PostcodeStreetAreaAverageNo. of Sales
MK43 8JTMolivers LaneBromham£773,0628
MK43 8LSBridge EndBromham£751,6663
MK43 8NSGrange LaneBromham£706,8333
MK43 8PAGrange LaneBromham£696,6663
MK43 8PBNorthampton RoadBromham£673,3333
MK43 8UFWalnut CloseBromham£648,3333
MK43 8PDNorthampton RoadBromham£640,0003
MK43 8PQPartridge LaneBromham£570,0006
MK43 8LJVillage RoadBromham£566,4287
MK43 8HZOakley RoadBromham£549,1663

Least Expensive Streets in Bromham

PostcodeStreetAreaAverageNo. of Sales
MK43 8TQBrowning CloseBromham£234,0717
MK43 8NHWebbs CloseBromham£256,6254
MK43 8LHSpringfield DriveBromham£268,3333
MK43 8LGCornwallis CloseBromham£272,0006
MK43 8LFMowbray CloseBromham£275,0833
MK43 8TGPeacock RoadBromham£278,3333
MK43 8NJPinsent AvenueBromham£285,0004
MK43 8LNRandalls CloseBromham£294,0005
MK43 8UBDynevor CloseBromham£295,4163
MK43 8JZWingfield RoadBromham£298,0006

Explore Bromham and Neighbouring Area House Prices

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