53 Commercial Road

    53, COMMERCIAL ROAD, BEDFORD, MK40 1QS

    This terraced freehold property on Commercial Road last sold in September 2011 for £118,000. Based on price growth in the MK40 district since then, its estimated current value is £232,011 — placing it in the 33rd percentile nationally and the 34th percentile within MK40. The property covers 75 m² (807 sq ft), giving an estimated value of £3,093 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £118,000

    Sept 2011

    Estimated Valuation

    £232,011

    Est. £/m²

    £3,093/m²

    £287/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area75 m² (807 sq ft)
    EPC dateAug 2021
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Sept 2011

    £118,000

    Key Metrics

    Estimated valuation£232,011
    Value per m² / sq ft£3,093/m² (£287/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile34th percentile
    National percentile33rd 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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