5 Towers House, 1 Park Avenue

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

    This flat/maisonette leasehold property on Park Avenue last sold in October 2011 for £50,000. Based on price growth in the MK40 district since then, its estimated current value is £71,589 — placing it in the 1st percentile nationally and the 0th percentile within MK40. The property covers 32 m² (344 sq ft), giving an estimated value of £2,237 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    32 m²

    (344 sq ft)

    Last Sale Price

    £50,000

    Oct 2011

    Estimated Valuation

    £71,589

    Est. £/m²

    £2,237/m²

    £208/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area32 m² (344 sq ft)
    EPC dateDec 2022
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    20 Oct 2011

    £50,000

    5 Jun 2009

    £75,000

    2 Jul 1999

    £28,000

    29 Jan 1998

    £21,000

    Key Metrics

    Estimated valuation£71,589
    Value per m² / sq ft£2,237/m² (£208/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile0th percentile
    National percentile1st 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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