Flat 5, 8 St Michaels Road, Bedford, MK40 2LT is a leasehold flat built between 1900-1929. The property offers approximately 463 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £123,624 , which equates to approximately £267 per square foot. It was last sold on 31 Mar 2016 for £94,300. Since then, the value has increased by £29,324, representing a 31.1% increase, or approximately 3.2% per year.

The current estimated value of £123,624 is:

  • 56.2% lower than the average property price on St Michaels Road
  • 47.9% lower than the average in the MK40 2LT postcode area
  • and 62.8% lower than the average price for Bedford as a whole

At the most recent EPC inspection on 2 February 2009, the property was recorded as owner-occupied.

View sold house prices in MK40 2LT

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
463 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£123,624
Price Per sq ft (estimate)
£267
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 8 St Michaels Road, Bedford, Bedfordshire, MK40 2LT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 25 Jul 2019.

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 2 Feb 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 6.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water system was changed from from main system, no cylinderstat to from main system, with its energy efficiency improving from poor to good.
  • The roof construction or insulation changed from pitched, 50mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from poor to very good.
  • The wall construction or insulation changed from timber frame, as built, insulated (assumed) to solid brick, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Solid brick, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to MK40 2LT

12 th / 17
Price Rank
48% lower than average
14 th / 15
Size Rank
50% smaller than average
5 th / 15
Price Per Sq FT Rank
4% higher than average

Compared to other properties in MK40 2LT , this flat's estimated value ranks 12th out of 17. Based on price per square foot, it ranks 5th out of 15 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 14th out of 15 properties in its postcode area.

Sale History

Today
£123,624
streetscan.co.uk estimate
+31 %
31 Mar 2016
£94,300
Leasehold
+6 %
5 Apr 2006
£89,000
Leasehold
+229.6 %
30 Oct 1996
£27,000
Leasehold

Area Insights

Similar Properties Sold Nearby

26D St Michaels Road, Bedford, MK40 2LT
rooms: 2
size: 431 sq ft
sale price: £85,000
sale date: 27 Mar 2013
12D St Michaels Road, Bedford, MK40 2LT
rooms: 3
size: 484 sq ft
sale price: £15,025
sale date: 17 Sep 1996
Flat B, 51 St Michaels Road, Bedford, MK40 2LZ
rooms: 3
size: 520 sq ft
sale price: £83,150
sale date: 3 Mar 2009
58D St Michaels Road, Bedford, MK40 2LU
rooms: 2
size: 452 sq ft
sale price: £77,000
sale date: 30 Jan 2009
Flat C, 56 St Michaels Road, Bedford, MK40 2LU
rooms: 2
size: 441 sq ft
sale price: £108,000
sale date: 16 Oct 2007

Data Sources

The property at Flat 5, 8 St Michaels Road, Bedford, MK40 2LT appears three times in the Land Registry records, with the latest transaction recorded on 31 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 25 Jul 2019. 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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