6 Towers House, 1 Park Avenue

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

    This flat/maisonette leasehold property on Park Avenue last sold in September 2023 for £115,000. Based on price growth in the MK40 district since then, its estimated current value is £116,253 — placing it in the 6th percentile nationally and the 5th percentile within MK40. The property covers 44 m² (474 sq ft), giving an estimated value of £2,642 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    44 m²

    (474 sq ft)

    Last Sale Price

    £115,000

    Sept 2023

    Estimated Valuation

    £116,253

    Est. £/m²

    £2,642/m²

    £245/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialC
    Floor area44 m² (474 sq ft)
    EPC dateAug 2021
    WallsSolid brick, as built, partial insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    26 Sept 2023

    £115,000

    Key Metrics

    Estimated valuation£116,253
    Value per m² / sq ft£2,642/m² (£245/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile5th 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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