16 Ormesby Way

    16, ORMESBY WAY, BEDFORD, MK40 4LZ

    This semi-detached freehold property on Ormesby Way last sold in February 2017 for £270,000. Based on price growth in the MK40 district since then, its estimated current value is £319,207 — placing it in the 53rd percentile nationally and the 52nd percentile within MK40. The property covers 74 m² (797 sq ft), giving an estimated value of £4,314 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    74 m²

    (797 sq ft)

    Last Sale Price

    £270,000

    Feb 2017

    Estimated Valuation

    £319,207

    Est. £/m²

    £4,314/m²

    £401/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area74 m² (797 sq ft)
    EPC dateNov 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Feb 2017

    £270,000

    Key Metrics

    Estimated valuation£319,207
    Value per m² / sq ft£4,314/m² (£401/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile52nd percentile
    National percentile53rd 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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