3 Merton Road

    3, MERTON ROAD, BEDFORD, MK40 3AF

    This detached freehold property on Merton Road last sold in August 2022 for £1,020,000. Based on price growth in the MK40 district since then, its estimated current value is £996,957 — placing it in the 96th percentile nationally and the 97th percentile within MK40. The property covers 310 m² (3,337 sq ft), giving an estimated value of £3,216 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    310 m²

    (3,337 sq ft)

    Last Sale Price

    £1,020,000

    Aug 2022

    Estimated Valuation

    £996,957

    Est. £/m²

    £3,216/m²

    £299/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms11
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area310 m² (3,337 sq ft)
    EPC dateMay 2024
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Aug 2022

    £1,020,000

    22 Aug 2007

    £702,000

    23 Aug 1999

    £200,000

    Key Metrics

    Estimated valuation£996,957
    Value per m² / sq ft£3,216/m² (£299/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile97th percentile
    National percentile96th 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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