According to the public record, 1, Red Oak Close, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,673 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Red Oak Close, Bromham, Bedford, MK43 is located within the MK43 postal district.
1, Red Oak Close, Bedford has 31 entries in the Land Registry database, most recently in August 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Red Oak Close Bedford as £746,084 and the rental value as £1,970 per month giving an expected gross yield of 3.2%.
Over the last 12 months the sale value of 1 Red Oak Close Bedford has decreased by £6,321 (0.8%) and its rental value has increased by £76 per month (3.8%).
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, Red Oak Close, Bedford is in very good condition we estimate a sale value of £783,388 and rental value of £2,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £693,858 and a rental value of £1,832 per month.
If you were able to purchase this property for the estimated value of £746,084, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,667 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, Red Oak Close, Bedford was last sold on 22 Aug 2008 for £485,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Aug 2008, the market for similar properties has risen 74.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Red Oak Close, Bedford within a radius of 196m over the last 2 years.
The most recent example is 3, Red Oak Close, Bedford, MK43 8GP, a Freehold house which sold for £830,000 in Sep 2023.
Read more about house prices in MK43.
Red Oak Close, Bromham, Bedford, MK43 has a total of 6 addresses. According to our analysis of all the public data, 1, Red Oak Close, Bedford is the 6th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £343k more expensive than the average property in MK43.
The closest station to 1, Red Oak Close, Bedford is Bedford station which is 5.1 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 1, Red Oak Close, Bedford, 42.7% of property is privately owned outright and 42.7% 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 1, Red Oak Close, Bedford, 19.0% of residents are recorded as possessing school level qualifications and 48.1% 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, Red Oak Close, 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, Red Oak Close, 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, Red Oak Close, Bedford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.