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48 Shakespeare Road is a residential building situated on Shakespeare Road, Bedford, MK40 with 6 addresses.
It ranks as the 776th largest and 1006th most expensive of the 1,052 buildings in the MK40 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 6 properties: 6 flats.
48 Shakespeare Road is a residential building situated on Shakespeare Road, Bedford, MK40 with 6 addresses.
It ranks as the 776th largest and 1006th most expensive of the 1,052 buildings in the MK40 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £256,268 for 2 bedroom leasehold flats (699 ft2) to £301,172 for 3 bedroom leasehold flats with a garden (904 ft2) .
Monthly rental prices range from £1,103 pcm for 2 bed flats to £1,285 pcm for 3 bed flats.
The gross rental yield is between 5.0% and 5.2%.
The average value per square foot is £340.
The last sale in 48 Shakespeare Road sold for £170,000 on 26th February 1999. Since then prices are down an average of 0.0%.
The current average value in the building is £282,691.
The 48 Shakespeare Road Sales Market has increased by 10.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.4% | £282,691 |
| May 2025 | 0.4% | £283,751 |
| May 2024 | 0.9% | £282,529 |
| May 2023 | -2.1% | £279,945 |
| May 2022 | 6.8% | £285,838 |
| May 2021 | 1.8% | £267,645 |
| May 2020 | 0.8% | £262,838 |
| May 2019 | -3% | £260,712 |
| May 2018 | 0.2% | £268,676 |
| May 2017 | 5.2% | £268,179 |
| May 2016 | 11.6% | £254,812 |
| May 2015 | 6.7% | £228,385 |
| May 2014 | 7.5% | £214,062 |
| May 2013 | 0.9% | £199,089 |
| May 2012 | -1.3% | £197,230 |
| May 2011 | 1% | £199,800 |
| May 2010 | 3.7% | £197,747 |
| May 2009 | -17.4% | £190,732 |
| May 2008 | 1.2% | £230,893 |
| May 2007 | 0% | £228,208 |
The current average rental value in the building is £1,191.
The 48 Shakespeare Road Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.3% | £1,191pcm |
| May 2025 | 3.5% | £1,176pcm |
| May 2024 | 7.7% | £1,136pcm |
| May 2023 | 6.9% | £1,054pcm |
| May 2022 | 3.6% | £987pcm |
| May 2021 | 5.3% | £952pcm |
| May 2020 | 0.8% | £904pcm |
| May 2019 | 0% | £897pcm |
| May 2018 | -3.1% | £897pcm |
| May 2017 | 2.6% | £926pcm |
| May 2016 | 9.3% | £902pcm |
| May 2015 | 6.2% | £825pcm |
| May 2014 | 2.4% | £777pcm |
| May 2013 | 1.1% | £758pcm |
| May 2012 | 0.8% | £750pcm |
| May 2011 | 1.2% | £744pcm |
| May 2010 | -1.6% | £736pcm |
| May 2009 | -7.7% | £748pcm |
| May 2008 | 3.2% | £810pcm |
| May 2007 | 0% | £785pcm |
The last sale was on 26th February 1999 for £170,000 and since then the market in the area has remained stable. The building has had a total of 1 sales since 1995.
48, Shakespeare Road, Bedford, MK40 2ED has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 48, Shakespeare Road, Bedford, MK40 2ED is Bedford station which is 700 metres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Shakespeare Road, Bedford, MK40 2ED, 50.0% of property is privately rented and 23.7% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 48, Shakespeare Road, Bedford, MK40 2ED, 18.1% of residents are recorded as possessing school level qualifications and 46.7% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48, Shakespeare Road, Bedford, MK40 2ED, the average age was 40.9 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 48, Shakespeare Road, Bedford, MK40 2ED, 1.6% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 48, Shakespeare Road, Bedford, MK40 2ED, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.