Flat 5 53 Spenser Road

    FLAT 5 53, SPENSER ROAD, BEDFORD, MK40 2BE

    This flat/maisonette leasehold property on Spenser Road last sold in July 2014 for £63,000. Based on price growth in the MK40 district since then, its estimated current value is £86,032 — placing it in the 2nd percentile nationally and the 1st percentile within MK40. The property covers 35 m² (377 sq ft), giving an estimated value of £2,458 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    35 m²

    (377 sq ft)

    Last Sale Price

    £63,000

    Jul 2014

    Estimated Valuation

    £86,032

    Est. £/m²

    £2,458/m²

    £228/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area35 m² (377 sq ft)
    EPC dateFeb 2020
    WallsTimber frame, as built, no insulation (assumed)
    HeatingRoom heaters, mains gas

    Transaction History

    11 Jul 2014

    £63,000

    22 Aug 2003

    £66,500

    Key Metrics

    Estimated valuation£86,032
    Value per m² / sq ft£2,458/m² (£228/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile1st percentile
    National percentile2nd 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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