According to the public record, 15, Wells Road, Bedford is a mid-century freehold house and with 904 ft2 of internal area and sits on a 229 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Wells Road, Riseley, Bedford, MK44 is located within the MK44 postal district.
15, Wells Road, Bedford has 41 entries in the Land Registry database, most recently in January 2020 and a single entry in the EPC database dated May 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 15 Wells Road Bedford as £303,640 and the rental value as £1,415 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 15 Wells Road Bedford has increased by £3,207 (1.1%) and its rental value has increased by £88 per month (6.2%).
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 15, Wells Road, Bedford is in very good condition we estimate a sale value of £318,822 and rental value of £1,486 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £282,385 and a rental value of £1,316 per month.
If you were able to purchase this property for the estimated value of £303,640, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,492 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, 15, Wells Road, Bedford sits on a plot of 229m2.
We have plot size data on 13 out of 22 other houses in the postcode and 15, Wells Road, Bedford sits on the 5th largest plot.
According to HM Land Registry, 15, Wells Road, Bedford was last sold on 13 Jan 2020 for £210,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Jan 2020, the market for similar properties has risen 20.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Wells Road, Bedford within a radius of 70m over the last 2 years.
The most recent example is 6, Wells Road, Bedford, MK44 1DY, a Freehold house which sold for £290,000 in May 2023.
Read more about house prices in MK44.
Wells Road, Riseley, Bedford, MK44 has a total of 23 addresses. According to our analysis of all the public data, 15, Wells Road, Bedford is the 18th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £157k less expensive than the average property in MK44.
15, Wells Road, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 May 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 15, Wells Road, Bedford is Bedford station which is 12.9 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 15, Wells Road, Bedford, 48.5% 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 15, Wells Road, Bedford, 19.5% of residents are recorded as possessing school level qualifications and 40.3% 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 15, Wells Road, Bedford, 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 15, Wells Road, Bedford, 1.2% 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 15, Wells Road, Bedford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.