48B Spenser Road, Bedford, MK40 2BB is a leasehold flat built before 1900. The property offers approximately 764 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £232,636 , which equates to approximately £304 per square foot. It was last sold on 24 Mar 2020 for £196,000. Since then, the value has increased by £36,636, representing a 18.7% increase, or approximately 3.3% per year.

The current estimated value of £232,636 is:

  • 15.0% lower than the average property price on Spenser Road
  • 38.0% lower than the average in the MK40 2BB postcode area
  • and 29.9% lower than the average price for Bedford as a whole

View sold house prices in MK40 2BB

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
764 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£232,636
Price Per sq ft (estimate)
£304
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48B Spenser Road, Bedford, Bedfordshire, MK40 2BB has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 25 Apr 2018.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 27 Sep 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 65.9%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system, no cylinder thermostat to from main system, with its energy efficiency improving from very poor to good.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 57% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 200 mm loft insulation
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 57% of fixed outlets
Good

Compared to MK40 2BB

18 th / 21
Price Rank
38% lower than average
12 th / 14
Size Rank
40% smaller than average
11 th / 14
Price Per Sq FT Rank
3% higher than average

Compared to other properties in MK40 2BB , this flat's estimated value ranks 18th out of 21. Based on price per square foot, it ranks 11th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 14 properties in its postcode area.

Sale History

Today
£232,636
streetscan.co.uk estimate
+19 %
24 Mar 2020
£196,000
Leasehold
+40 %
8 Nov 2006
£140,000
Leasehold

Area Insights

Similar Properties Sold Nearby

62A Spenser Road, Bedford, MK40 2BB
rooms: 3
size: 689 sq ft
sale price: £205,000
sale date: 8 Jun 2022
62B Spenser Road, Bedford, MK40 2BB
rooms: 3
size: 732 sq ft
sale price: £180,000
sale date: 4 Mar 2021
Flat 5, 20 Spenser Road, Bedford, MK40 2AZ
rooms: 2
size: 657 sq ft
sale price: £97,000
sale date: 3 Sep 2008
Flat 4, 20 Spenser Road, Bedford, MK40 2AZ
rooms: 2
size: 657 sq ft
sale price: £102,000
sale date: 7 Oct 2005
6, Spenser Court Spenser Road, Bedford, MK40 2BA
rooms: 3
size: 721 sq ft
sale price: £97,000
sale date: 30 Sep 2005

Data Sources

The property at 48B Spenser Road, Bedford, MK40 2BB appears two times in the Land Registry records, with the latest transaction recorded on 24 Mar 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Apr 2018. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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