According to the public record, 14, Skerne Passage, Bedford is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Skerne Passage, Bedford, MK41 is located within the MK41 postal district.
14, Skerne Passage, Bedford has 41 entries in the Land Registry database, most recently in August 2021 and a single entry in the EPC database dated June 2012.
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 14 Skerne Passage Bedford as £122,503 and the rental value as £710 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 14 Skerne Passage Bedford has increased by £1,684 (1.4%) and its rental value has increased by £43 per month (6.1%).
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 14, Skerne Passage, Bedford is in very good condition we estimate a sale value of £128,629 and rental value of £746 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £113,928 and a rental value of £660 per month.
If you were able to purchase this property for the estimated value of £122,503, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £602 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, 14, Skerne Passage, Bedford was last sold on 25 Aug 2021 for £118,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Aug 2021, the market for similar properties has risen 7.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 14, Skerne Passage, Bedford within a radius of 720 metres over the last 2 years.
The most recent example is 8, Hanwell Place, Bedford, MK41 7FR, a Leasehold flat which sold for £37,500 in Nov 2015.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Skerne Passage, Bedford, MK41 has a total of 32 addresses. According to our analysis of all the public data, 14, Skerne Passage, Bedford is the 25th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £215k less expensive than the average property in MK41.
14, Skerne Passage, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 07 Jun 2012.
The property is connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 14, Skerne Passage, Bedford is Bedford station which is 3.5 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 14, Skerne Passage, Bedford, 68.8% of property is socially rented and 14.4% 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 14, Skerne Passage, Bedford, 23.7% of residents are recorded as possessing school level qualifications and 24.6% 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 14, Skerne Passage, Bedford, the average age was 44.7 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 14, Skerne Passage, 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 14, Skerne Passage, Bedford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.