MK44 1BY is a residential postcode located on Melchbourne Road, Riseley, Bedford, MK44. It is the 304th largest postcode in the MK44 area.
It contains 7 residential addresses consisting of 5 houses and 2 flats and the most common type of property is a period house built between 1800 and 1911.
The average house value is £687,015. Sales values have decreased in the last 12 months by 1.6% and Rental values have increased by 3.4%.
Property sale values range from £208,994 for a leasehold flat, with 2 bedrooms split across 850 square feet of gross internal area and has no outside space to £687,015 for a freehold house, with 5 bedrooms split across 5,091 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK44 1BY is £246/ft2.
Properties achieve a rental yield of between 3.6% and 5.8%, and rental values range from £1,012 to £2,072 per month.
The last sale was 04 May 2004 for £170,000 and since then the market in the area as increased by 0%. The postcode has had a total of 1 sales since 1995.
MK44 1BY has seen no sales in the last three years and no sales in the last twelve months.
MK44 1BY is the 304th largest and the 557th most expensive postcode out of the 640 postcodes in the MK44 area.
MK44 1BY is a residential postcode located on Melchbourne Road, Riseley, Bedford, MK44 with 5 houses and 2 flats within its bounds.
The most common property type in MK44 1BY is a period house built between 1800 and 1911.
The homes are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to MK44 1BY is Wellingborough station which is 14.8 km away.
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 MK44 1BY, 40.8% of property is privately owned outright and 24.3% is privately owned with a mortgage.
The graph below shows how this compares to Greater London 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 MK44 1BY, 13.8% of residents are recorded as possessing school level qualifications and 26.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK44 1BY, the average age was 46 and the most common age was 57.
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 MK44 1BY, 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 MK44 1BY, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.