12D, Merchant Lane
12D, Merchant Lane
Description & Estimates
The public record describes 12D, Merchant Lane, Bedford as a modern house with 3,552 ft2 of internal area, sitting on a 570 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
12D, Merchant Lane, Bedford has an estimated sale value of £829,236 and an estimated rental value of £3,132 per month, assuming reasonable condition and based on the information available.
Merchant Lane, Cranfield, Bedford, MK43 lies within the MK43 postal district.
Our Data Sources
12D, Merchant Lane, Bedford has no records in the the Land Registry and a single entry in the EPC database dated May 2024.
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
In very good condition, we estimate 12D, Merchant Lane, Bedford would be worth £870,698, with a potential rental value of £3,289 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £771,190, with a rental value of £2,913 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 12D, Merchant Lane, Bedford has moved down by £4,844 (0.6%) over the last year. During the same period, its estimated monthly rental value has increased by £56 (1.8%). The property's estimated gross yield is currently 4.5%.
Plot Size
12D, Merchant Lane, Bedford occupies a 570 m2 plot as recorded by HM Land Registry.
Of the 19 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
12D, Merchant Lane, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 May 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 2 sales of comparable properties within 1.0 kilometres of 12D, Merchant Lane, Bedford across the last 2 years.
Most recently, 118, High Street, Bedford, MK43 0DG, a freehold house, sold at £730,000 on the 6th June 2016.
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
Our analysis of the public data ranks 12D, Merchant Lane, Bedford as the largest and the 3rd most expensive of the 27 addresses on Merchant Lane, Cranfield, Bedford, MK43.
Against the MK43 postcode district average, it is £414k more expensive than the typical property.
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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
Lidlington station is the nearest stop to 12D, Merchant Lane, Bedford at 4.8 kilometres away.
- 4.8kmLidlington
- 5.0kmRidgmont
- 5.7kmAspley Guise
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
