12 Commercial Road

    12, COMMERCIAL ROAD, BEDFORD, MK40 1QS

    This terraced freehold property on Commercial Road last sold in October 2016 for £155,500. Based on price growth in the MK40 district since then, its estimated current value is £203,617 — placing it in the 25th percentile nationally and the 26th percentile within MK40. The property covers 65 m² (700 sq ft), giving an estimated value of £3,133 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    65 m²

    (700 sq ft)

    Last Sale Price

    £155,500

    Oct 2016

    Estimated Valuation

    £203,617

    Est. £/m²

    £3,133/m²

    £291/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area65 m² (700 sq ft)
    EPC dateSept 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Oct 2016

    £155,500

    12 Apr 2012

    £95,500

    Key Metrics

    Estimated valuation£203,617
    Value per m² / sq ft£3,133/m² (£291/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile26th percentile
    National percentile25th percentile

    District Context — MK40

    MK40 covers central Milton Keynes, including the town centre and surrounding residential neighbourhoods. It is a mixed-tenure area with a relatively young demographic and a strong rental market presence.

    Average Property Price - MK40

    £385,142

    64

    National percentile

    Average Net Household Income - MK40

    £41,191

    63

    National percentile

    10-Year Annualised Price Growth - MK40

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - MK

    4.3%

    74

    National percentile

    View full analysis for MK40

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