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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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16 Merchant Place, Bedford is described in the public record as a modern apartment with 495 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 16 Merchant Place, Bedford is £139,846 and its rental estimate is £880 per month, given the available information and assuming reasonable condition.
Merchant Place, Riverside Square is a residential building on Riverside Square, Bedford, MK40 and falls within the MK40 postal district.
16 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.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16 Merchant Place, Bedford, we estimate a market value of £146,838 and a rental value of £924 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £130,057 and £818 per month respectively.
Over the last year, 16 Merchant Place, Bedford has seen its estimated sale value grow by £1,066 (0.8%) and its estimated rental value climb by £19 per month (2.1%). This results in an estimated gross rental yield of 7.5%.
16 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.
Over the past 2 years 3 properties similar to 16 Merchant Place, Bedford have sold within a radius of 420 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th April 2025, was 14 Merchant Place, Riverside Square, Bedford, MK40 1AR, a leasehold flat which sold for £140,000.
Read more about house prices in MK40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 74 addresses on Riverside Square, Bedford, MK40, 16 Merchant Place, Bedford comes out as the 68th largest and the 68th most expensive in our analysis of the public data.
It is also £195k less expensive than the average property across the MK40 district.
From 16 Merchant Place, Bedford, the nearest station is Bedford St Johns, 600 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 16 Merchant Place, Bedford, % of property is and % is .
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16 Merchant Place, Bedford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16 Merchant Place, Bedford, 0.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16 Merchant Place, Bedford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
