According to the public record, 1, Hazelwick Drive, Bedford is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Hazelwick Drive, Great Denham, Bedford, MK40 is located within the MK40 postal district.
1, Hazelwick Drive, Bedford has a single entry in the Land Registry database from February 2021 and a single entry in the EPC database dated November 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Hazelwick Drive Bedford as £152,725 and the rental value as £877 per month giving an expected gross yield of 6.9%.
Over the last 12 months the sale value of 1 Hazelwick Drive Bedford has decreased by £366 (0.2%) and its rental value has increased by £39 per month (4.4%).
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 1, Hazelwick Drive, Bedford is in very good condition we estimate a sale value of £160,361 and rental value of £921 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £142,034 and a rental value of £816 per month.
If you were able to purchase this property for the estimated value of £152,725, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £751 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 1, Hazelwick Drive, Bedford was last sold on 12 Feb 2021 for £99,250 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2021, the market for similar properties has risen 5.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Hazelwick Drive, Bedford within a radius of 910 metres over the last 2 years.
The most recent example is 9, Hazelwick Drive, Bedford, MK40 4SU, a Leasehold flat which sold for £95,000 in Jul 2021.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Hazelwick Drive, Great Denham, Bedford, MK40 has a total of 16 addresses. According to our analysis of all the public data, 1, Hazelwick Drive, Bedford is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £167k less expensive than the average property in MK40.
1, Hazelwick Drive, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 16 Nov 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 1, Hazelwick Drive, Bedford is Bedford station which is 2.6 kilometres 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 1, Hazelwick Drive, Bedford, 43.8% of property is privately owned with a mortgage and 19.6% is socially rented.
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 1, Hazelwick Drive, Bedford, 34.1% of residents are recorded as possessing school level qualifications and 43.0% 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 1, Hazelwick Drive, Bedford, the average age was 38.9 and the most common age was 32.
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 1, Hazelwick Drive, Bedford, 0.6% 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 1, Hazelwick Drive, Bedford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.