According to the public record, 1, Pedley Way, Bedford is a modern freehold house with 1,151 ft2 of internal area and sits on a 143 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Pedley Way, Bedford, MK41 is located within the MK41 postal district.
1, Pedley Way, Bedford has 3 entries in the Land Registry database, most recently in March 2020 and a single entry in the EPC database dated November 2019.
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 Pedley Way Bedford as £363,699 and the rental value as £1,506 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 1 Pedley Way Bedford has decreased by £4,854 (1.3%) and its rental value has increased by £52 per month (3.5%).
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, Pedley Way, Bedford is in very good condition we estimate a sale value of £381,884 and rental value of £1,581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £338,240 and a rental value of £1,401 per month.
If you were able to purchase this property for the estimated value of £363,699, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,787 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 data from HM Land Registry, 1, Pedley Way, Bedford sits on a plot of 143m2.
We have plot size data on 8 out of 19 other houses in the postcode and 1, Pedley Way, Bedford sits on the 5th largest plot.
According to HM Land Registry, 1, Pedley Way, Bedford was last sold on 13 Mar 2020 for £291,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2020, the market for similar properties has risen 14.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Pedley Way, Bedford within a radius of 760 metres over the last 2 years.
The most recent example is 6, Silverburn Close, Bedford, MK41 0GB, a Freehold house which sold for £350,000 in Nov 2022.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pedley Way, Bedford, MK41 has a total of 20 addresses. According to our analysis of all the public data, 1, Pedley Way, Bedford is the 7th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in MK41.
1, Pedley Way, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Pedley Way, Bedford is Bedford St Johns station which is 4.4 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, Pedley Way, Bedford, 43.4% of property is privately owned with a mortgage and 24.8% 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, Pedley Way, Bedford, 33.1% of residents are recorded as possessing school level qualifications and 35.7% 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 1, Pedley Way, Bedford, the average age was 42.4 and the most common age was 52.
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, Pedley Way, 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 1, Pedley Way, Bedford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.