1b Richmond Road

    1B, RICHMOND ROAD, BEDFORD, MK40 3DG

    This flat/maisonette leasehold property on Richmond Road last sold in October 2020 for £242,500. Based on price growth in the MK40 district since then, its estimated current value is £250,392 — placing it in the 37th percentile nationally and the 38th percentile within MK40. The property covers 91 m² (980 sq ft), giving an estimated value of £2,752 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £242,500

    Oct 2020

    Estimated Valuation

    £250,392

    Est. £/m²

    £2,752/m²

    £256/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area91 m² (980 sq ft)
    EPC dateApr 2014
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Oct 2020

    £242,500

    3 Oct 2014

    £215,000

    12 May 2003

    £125,000

    29 Jun 1998

    £59,000

    Key Metrics

    Estimated valuation£250,392
    Value per m² / sq ft£2,752/m² (£256/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK40 district percentile38th percentile
    National percentile37th 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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