Flat 4, 53 Spenser Road, Bedford, MK40 2BE is a leasehold flat built before 1900. The property offers approximately 484 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £120,257 , which equates to approximately £248 per square foot. It was last sold on 30 Aug 2002 for £53,500. Since then, the value has increased by £66,757, representing a 124.8% increase, or approximately 5.4% per year.

The current estimated value of £120,257 is:

  • 56.0% lower than the average property price on Spenser Road
  • 61.2% lower than the average in the MK40 2BE postcode area
  • and 63.8% lower than the average price for Bedford as a whole

At the most recent EPC inspection on 9 September 2022, the property was recorded as rented.

View sold house prices in MK40 2BE

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
484 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£120,257
Price Per sq ft (estimate)
£248
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 53 Spenser Road, Bedford, Bedfordshire, MK40 2BE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 9 Sep 2022.

This property uses electric storage heaters as its main heating source. A gas multipoint water heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 18 Feb 2012, and the property received the same rating of D with an unchanged energy efficiency score of 56.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from gas instantaneous at point of use to gas multipoint, with its energy efficiency changing from very good to average.
  • The lighting was updated from low energy lighting in 20% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Gas multipoint
Average
Roof
Roof room(s), insulated (assumed)
Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to MK40 2BE

20 th / 22
Price Rank
61% lower than average
12 th / 15
Size Rank
56% smaller than average
13 th / 15
Price Per Sq FT Rank
13% lower than average

Compared to other properties in MK40 2BE , this flat's estimated value ranks 20th out of 22. Based on price per square foot, it ranks 13th out of 15 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 15 properties in its postcode area.

Sale History

Today
£120,257
streetscan.co.uk estimate
+125 %
30 Aug 2002
£53,500
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 420 sq ft
sale price: £23,000
sale date: 23 Apr 1999
rooms: 2
size: 431 sq ft
sale price: £105,000
sale date: 4 Jan 2008
rooms: 2
size: 477 sq ft
sale price: £108,000
sale date: 21 Dec 2006
rooms: 2
size: 474 sq ft
sale price: £84,000
sale date: 3 Aug 2006
rooms: 2
size: 506 sq ft
sale price: £93,000
sale date: 3 Aug 2005

Data Sources

The property at Flat 4, 53 Spenser Road, Bedford, Bedfordshire, MK40 2BE appears once in the Land Registry records, with the transaction recorded on 30 Aug 2002. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Sep 2022. 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.