Values have been changing and have risen £1,000 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £3,136 in last 6 months, £24,405 in last 1 year, £37,542 in last 2 years, £43,580 in last 3 years, £38,484 in last 4 years and £41,528 in last 5 years.
Currently average asking price of a property in Richmond Road, Bedford, MK40 is around £270,121 based on approximately 5 properties for sale. Same is the case with rental options based on 79 properties up for rent, average asking rent is around £853 per month.
Estimated property value in Richmond Road, Bedford, MK40 is £293,394. Average asking price is £270,121 while average price paid is £222,500 which is up by £24,405 and Avg. asking rent £853.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Richmond Road, Bedford, MK40 area. In last 1 year alone average price buyer paid is around £222,500 based on approximately 5 sales in Richmond Road, Bedford, MK40 area alone. If you compare it to last 3 years sales of 9 properties where buyers paid around £254,888. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £258,900 for 10 and average amount paid for purchase of approx. 12 properties sold in last 7 years comes to about £247,375 per sale.