11 Merchant Place, Bedford
11 Merchant Place, Bedford
Description & Estimates
Public records show 11 Merchant Place, Bedford to be a modern leasehold apartment with 495 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
11 Merchant Place, Bedford has an estimated sale value of £139,846 and an estimated rental value of £880 per month, assuming reasonable condition and based on the information available.
The apartment sits within Merchant Place, Riverside Square, Bedford, MK40.
Riverside Square, Bedford, MK40 lies within the MK40 postal district.
Our Data Sources
11 Merchant Place, Bedford has 2 entries in the Land Registry , most recently in December 2022 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 11 Merchant Place, Bedford would be worth £146,838, with a potential rental value of £924 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £130,057, with a rental value of £818 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 11 Merchant Place, Bedford has increased by £1,066 (0.8%) over the last year. During the same period, its estimated monthly rental value has grown by £19 (2.1%). The property's estimated gross yield is currently 7.5%.
Energy Efficiency
11 Merchant Place, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Aug 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
11 Merchant Place, Bedford last changed hands on 20th December 2022, selling for £66,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 13.2% since December 2022.
- Sold Dec 2022£66,000
- Sold Mar 2021£59,200
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 420 metres of 11 Merchant Place, Bedford across the last 2 years.
Most recently, 14 Merchant Place, Riverside Square, Bedford, MK40 1AR, a leasehold flat, sold at £140,000 on the 10th April 2025.
Read more about house prices in MK40.
- Sold Apr 2025£140,000 | 2 Bed FlatRiverside Square14 Merchant Place, Riverside Square, Bedford, MK40 1AR
- Sold Dec 2021£60,000 | 2 Bed FlatRiverside Square7 Merchant Place, Riverside Square, Bedford, MK40 1AR
- Sold Sep 2021£59,400 | 2 Bed FlatRiverside Square17 Merchant Place, Riverside Square, Bedford, MK40 1AR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 11 Merchant Place, Bedford as the 73rd largest and the 73rd most expensive of the 74 addresses on Riverside Square, Bedford, MK40.
Against the MK40 postcode district average, it is £195k less expensive than the typical property.
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Schools Nearby
- 500mPriory Primary School
- 1.1kmLivingstone Primary School
- 1.1kmCauldwell School
- 300mBedford Free School
- 1.7kmCastle Newnham School
- 1.9kmBiddenham International School and Sports College
More reading links
Public Transport Nearby
Bedford St Johns station is the nearest stop to 11 Merchant Place, Bedford at 600 metres away.
- 600mBedford St Johns
- 700mBedford
- 5.3kmKempston Hardwick
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a low risk of flooding.
