2 Commercial Road

    2, COMMERCIAL ROAD, BEDFORD, MK40 1QS

    This detached freehold property on Commercial Road last sold in May 2014 for £251,000. Based on price growth in the MK40 district since then, its estimated current value is £372,385 — placing it in the 63rd percentile nationally and the 64th percentile within MK40. The property covers 81 m² (872 sq ft), giving an estimated value of £4,597 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    81 m²

    (872 sq ft)

    Last Sale Price

    £251,000

    May 2014

    Estimated Valuation

    £372,385

    Est. £/m²

    £4,597/m²

    £427/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area81 m² (872 sq ft)
    EPC dateJul 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 May 2014

    £251,000

    Key Metrics

    Estimated valuation£372,385
    Value per m² / sq ft£4,597/m² (£427/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile64th percentile
    National percentile63rd 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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