1 Fernlea Close

    1, FERNLEA CLOSE, BEDFORD, MK40 4NY

    This terraced freehold property on Fernlea Close last sold in March 2023 for £278,000. Based on price growth in the MK40 district since then, its estimated current value is £295,948 — placing it in the 48th percentile nationally and the 48th percentile within MK40. The property covers 91 m² (980 sq ft), giving an estimated value of £3,252 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £278,000

    Mar 2023

    Estimated Valuation

    £295,948

    Est. £/m²

    £3,252/m²

    £302/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area91 m² (980 sq ft)
    EPC dateNov 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Mar 2023

    £278,000

    22 Aug 2014

    £160,000

    Key Metrics

    Estimated valuation£295,948
    Value per m² / sq ft£3,252/m² (£302/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile48th percentile
    National percentile48th 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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