12 Towers House, 1 Park Avenue

    12 TOWERS HOUSE, 1, PARK AVENUE, BEDFORD, BEDFORD, MK40 2JW

    This flat/maisonette leasehold property on Park Avenue last sold in January 2008 for £85,000. Based on price growth in the MK40 district since then, its estimated current value is £114,200 — placing it in the 6th percentile nationally and the 4th percentile within MK40. The property covers 53 m² (570 sq ft), giving an estimated value of £2,155 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    53 m²

    (570 sq ft)

    Last Sale Price

    £85,000

    Jan 2008

    Estimated Valuation

    £114,200

    Est. £/m²

    £2,155/m²

    £200/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area53 m² (570 sq ft)
    EPC dateMay 2019
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    31 Jan 2008

    £85,000

    28 Jun 2002

    £69,000

    Key Metrics

    Estimated valuation£114,200
    Value per m² / sq ft£2,155/m² (£200/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile4th percentile
    National percentile6th percentile

    District Context — MK40

    MK40 covers central Milton Keynes, including the town centre and surrounding residential neighbourhoods. It is a mixed-tenure area with a relatively young demographic and a strong rental market presence.

    Average Property Price - MK40

    £385,142

    64

    National percentile

    Average Net Household Income - MK40

    £41,191

    63

    National percentile

    10-Year Annualised Price Growth - MK40

    4.2%

    71

    National percentile

    10-Year Annualised Rent Growth - MK

    4.3%

    74

    National percentile

    View full analysis for MK40

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