36, Merchant Lane
36, Merchant Lane
Description & Estimates
36, Merchant Lane, Bedford is described in the public record as a period house with 3,527 ft2 of internal area, sitting on a 1,170 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 36, Merchant Lane, Bedford is £894,430 and its rental estimate is £3,137 per month, given the available information and assuming reasonable condition.
Merchant Lane, Cranfield, Bedford, MK43 falls within the MK43 postal district.
Our Data Sources
36, Merchant Lane, Bedford has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 36, Merchant Lane, Bedford, we estimate a market value of £939,151 and a rental value of £3,294 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £831,819 and £2,918 per month respectively.
Recent Market Change
Over the last year, 36, Merchant Lane, Bedford has seen its estimated sale value move down by £5,225 (0.6%) and its estimated rental value increase by £56 per month (1.8%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 36, Merchant Lane, Bedford as measuring 1,170 m2.
That makes it the 4th largest plot in the postcode, where 14 of the 19 other houses have recorded plot data.
Energy Efficiency
36, Merchant Lane, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 19 Sep 2011.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 36, Merchant Lane, Bedford completed on 15th July 1998 at £129,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Jul 1998£129,950
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 36, Merchant Lane, Bedford have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2016, was 118, High Street, Bedford, MK43 0DG, a freehold house which sold for £730,000.
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, 36, Merchant Lane, Bedford comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £479k more expensive than the average property across the MK43 district.
More reading links
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
More reading links
Public Transport Nearby
From 36, 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.
