Please note: This is an estimate based on available data and market trends. This valuation is provided for informational purposes only and should not be considered as a professional valuation. BritishProperty.uk takes no responsibility for any inaccuracies, errors, or omissions in this estimate. Property values can vary significantly based on condition, improvements, market conditions, and other factors not reflected in this automated estimate. Mistakes can occur in data processing or calculations. For a professional valuation, you should consult a qualified surveyor or estate agent. This estimate is not intended to be used as the sole basis for any financial, legal, or property-related decisions.
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Property Characteristics
53 SPENSER ROAD is a flat in BEDFORD, BEDFORD.
First sale date of 2003 suggests this property has been part of the MK40 2BE market for 22 years.
Transaction History
First recorded sale was in 2003 at £66,500, with 2 total transactions recorded over the property's history.
Latest sale occurred on 11 July 2014 for £63,000, representing a -5.3% decrease from the previous sale in 2003.
Over 22 years of ownership history, this property has seen 2 ownership changes, averaging approximately 11.0 years between sales.
Since last selling in 2014, the property's estimated value has grown by approximately £124,681, representing a 10% annual growth rate over 11.5 years.
Market Position
Ranks below the postcode average, positioned in the 14th percentile (20 of 22 properties) in MK40 2BE.
Priced 67.7% below the MK40 2BE average of £195,023 for all property types.
Current estimated value ranges from £168,913 to £206,449, with a central estimate of £187,681 based on market growth trends.
Comparative Market Analysis
SPENSER ROAD has 22 recorded properties with an average sale price of £195,023. This property is 67.7% below the street average.
Across all property types in MK40 2BE, 1 properties have sold over the past 12 months at an average of £350,000.
Sale History
| Date | Price | Change | Property Type |
|---|---|---|---|
| Today's estimated value* | £187,681 | 197.9% | - |
| 11/07/2014 | £63,000 | -5.3% | flat |
| 22/08/2003 | £66,500 | - | flat |
Price History
Market Statistics - MK40 2BE
Property Types
Similar Properties in MK40 2BE
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Data Source & License: Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. For official property records and documentation, please visit HM Land Registry .