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According to the public record, 41 Merchant Gate, Bedford is a modern leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 41 Merchant Gate, Bedford is £233,192 and the estimated rental value is £1,055 per month.
The apartment is within Merchant Gate, Riverside Square, Bedford, MK40.
Riverside Square, Bedford, MK40 is located within the MK40 postal district.
41 Merchant Gate, Bedford has 2 entries in the Land Registry , most recently in November 2025 and a single entry in the EPC database dated April 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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 41 Merchant Gate, Bedford is in very good condition we estimate a sale value of £244,852 and a rental value of £1,108 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £216,869 and a rental value of £982 per month.
Over the last 12 months the sale value of 41 Merchant Gate Bedford has decreased by an estimated £2,968 (1.3%) and its rental value has increased by an estimated £16 per month (1.5%), giving an expected gross yield of 5.4%.
41 Merchant Gate, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41 Merchant Gate, Bedford was last sold on 28th November 2025 for £192,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2025, the market for similar properties has risen 23.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41 Merchant Gate, Bedford within a radius of 420 metres over the last 2 years.
The most recent example is 18 Merchant Gate, Riverside Square, Bedford, MK40 1AS, a leasehold flat which sold for £215,000 on the 11th April 2024.
Read more about house prices in MK40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Riverside Square, Bedford, MK40 has a total of 74 addresses. According to our analysis of all the public data, 41 Merchant Gate, Bedford is the 48th largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £102k less expensive than the average property in MK40.
The closest station to 41 Merchant Gate, Bedford is Bedford St Johns station which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 41 Merchant Gate, 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 41 Merchant Gate, 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 41 Merchant Gate, 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 41 Merchant Gate, 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.
