Flat 2, 16 Spenser Road, Bedford, MK40 2AZ is a leasehold flat built before 1900. The property offers approximately 334 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £115,633 , which equates to approximately £347 per square foot. It was last sold on 23 Mar 2018 for £103,000. Since then, the value has increased by £12,633, representing a 12.3% increase, or approximately 1.6% per year.

The current estimated value of £115,633 is:

  • 57.7% lower than the average property price on Spenser Road
  • 53.8% lower than the average in the MK40 2AZ postcode area
  • and 65.2% lower than the average price for Bedford as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 12 November 2020, the property was recorded as rented.

View sold house prices in MK40 2AZ

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
334 sq ft
Tenure
Leasehold
Price (estimate)
£115,633
Price Per sq ft (estimate)
£347
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 16 Spenser Road, Bedford, Bedfordshire, MK40 2AZ has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 12 Nov 2020.

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 18 Oct 2010. The rating of C is unchanged, though the energy efficiency score decreased by 2.8%.

Since the previous assessment, several changes were observed:

  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to MK40 2AZ

46 th / 48
Price Rank
54% lower than average
38 th / 41
Size Rank
65% smaller than average
8 th / 41
Price Per Sq FT Rank
31% higher than average

Compared to other properties in MK40 2AZ , this flat's estimated value ranks 46th out of 48. Based on price per square foot, it ranks 8th out of 41 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 38th out of 41 properties in its postcode area.

Sale History

Today
£115,633
streetscan.co.uk estimate
+12 %
23 Mar 2018
£103,000
Leasehold
+59.7 %
24 Jun 2011
£64,500
Leasehold
+258.3 %
28 Nov 1996
£18,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 355 sq ft
sale price: £100,000
sale date: 27 Jun 2017
rooms: 1
size: 301 sq ft
sale price: £70,000
sale date: 27 Aug 2004
rooms: 2
size: 323 sq ft
sale price: £78,000
sale date: 21 Jul 2004
rooms: 2
size: 377 sq ft
sale price: £66,500
sale date: 22 Aug 2003

Data Sources

The property at Flat 2, 16 Spenser Road, Bedford, MK40 2AZ appears three times in the Land Registry records, with the latest transaction recorded on 23 Mar 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 12 Nov 2020. 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.