12 Merchant Place, Bedford
12 Merchant Place, Bedford
Description & Estimates
According to the public record, 12 Merchant Place, Bedford is a modern apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 12 Merchant Place, Bedford is £139,846 and the estimated rental value is £880 per month.
The apartment is within Merchant Place, Riverside Square, Bedford, MK40.
Riverside Square, Bedford, MK40 is located within the MK40 postal district.
Our Data Sources
12 Merchant Place, Bedford has no records in the the Land Registry and a single entry in the EPC database dated August 2017.
We combine this information with public data 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12 Merchant Place, Bedford is in very good condition we estimate a sale value of £146,838 and a rental value of £924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £130,057 and a rental value of £818 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 12 Merchant Place, Bedford has grown by £1,066 (0.8%), while its estimated rental value has climbed by £19 per month (2.1%). Based on current estimates, the property offers a gross rental yield of 7.5%.
Energy Efficiency
12 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.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12 Merchant Place, Bedford within a radius of 420 metres over the last 2 years.
The most recent example is 14 Merchant Place, Riverside Square, Bedford, MK40 1AR, a leasehold flat which sold for £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 2022£66,000 | 2 Bed FlatRiverside Square11 Merchant Place, Riverside Square, Bedford, MK40 1AR
- Sold Dec 2021£60,000 | 2 Bed FlatRiverside Square7 Merchant Place, Riverside Square, Bedford, MK40 1AR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Riverside Square, Bedford, MK40 has a total of 74 addresses. According to our analysis of all the public data, 12 Merchant Place, Bedford is the 72nd largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £195k less expensive than the average property in MK40.
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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
The closest station to 12 Merchant Place, Bedford is Bedford St Johns station, which is 600 metres away.
- 600mBedford St Johns
- 700mBedford
- 5.3kmKempston Hardwick
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be low.
