8 Commercial Road

    8, COMMERCIAL ROAD, BEDFORD, BEDFORD, MK40 1QS

    This terraced freehold property on Commercial Road last sold in March 2008 for £135,000. Based on price growth in the MK40 district since then, its estimated current value is £265,205 — placing it in the 41st percentile nationally and the 42nd percentile within MK40. The property covers 40 m² (431 sq ft), giving an estimated value of £6,630 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £135,000

    Mar 2008

    Estimated Valuation

    £265,205

    Est. £/m²

    £6,630/m²

    £616/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area40 m² (431 sq ft)
    EPC dateMar 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    11 Mar 2008

    £135,000

    19 Oct 2006

    £115,000

    17 Oct 1996

    £23,000

    Key Metrics

    Estimated valuation£265,205
    Value per m² / sq ft£6,630/m² (£616/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile42nd percentile
    National percentile41st 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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