12, Merchant Lane
12, Merchant Lane
Description & Estimates
12, Merchant Lane, Bedford is described in the public record as a mid-century house with 2,608 ft2 of internal area.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 12, Merchant Lane, Bedford is £700,623 and its rental estimate is £2,647 per month, given the available information and assuming reasonable condition.
Merchant Lane, Cranfield, Bedford, MK43 falls within the MK43 postal district.
Our Data Sources
12, Merchant Lane, Bedford has no records in the the Land Registry and a single entry in the EPC database dated May 2009.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Merchant Lane, Bedford, we estimate a market value of £735,655 and a rental value of £2,779 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £651,580 and £2,461 per month respectively.
Recent Market Change
Over the last year, 12, Merchant Lane, Bedford has seen its estimated sale value drop by £4,093 (0.6%) and its estimated rental value rise by £47 per month (1.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
12, Merchant Lane, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 26 May 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Merchant Lane, Bedford have sold within a radius of 1.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st March 2025, was 142A, High Street, Bedford, MK43 0EL, a freehold house which sold for £670,000.
Read more about house prices in MK43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 27 addresses on Merchant Lane, Cranfield, Bedford, MK43, 12, Merchant Lane, Bedford comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £285k more expensive than the average property across the MK43 district.
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Schools Nearby
- 400mCranfield Church of England Academy
- 3.6kmNorth Crawley CofE School
- 4.4kmMarston Moreteyne VC School
- 5.5kmWootton Upper School
- 6.6kmFulbrook School
- 7.7kmWalton High
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Public Transport Nearby
From 12, Merchant Lane, Bedford, the nearest station is Lidlington, 4.8 kilometres away.
- 4.8kmLidlington
- 5.0kmRidgmont
- 5.7kmAspley Guise
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
