24 Caves Lane

    24, CAVES LANE, BEDFORD, MK40 3DP

    This detached freehold property on Caves Lane last sold in July 2017 for £475,000. Based on price growth in the MK40 district since then, its estimated current value is £595,570 — placing it in the 86th percentile nationally and the 87th percentile within MK40. The property covers 122 m² (1,313 sq ft), giving an estimated value of £4,882 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    122 m²

    (1,313 sq ft)

    Last Sale Price

    £475,000

    Jul 2017

    Estimated Valuation

    £595,570

    Est. £/m²

    £4,882/m²

    £454/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area122 m² (1,313 sq ft)
    EPC dateNov 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Jul 2017

    £475,000

    Key Metrics

    Estimated valuation£595,570
    Value per m² / sq ft£4,882/m² (£454/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile87th percentile
    National percentile86th 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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