According to the public record, 16, Arkwright Road, Bedford is a mid-century freehold house and with 1,485 ft2 of internal area and sits on a 516 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Arkwright Road, Milton Ernest, Bedford, MK44 is located within the MK44 postal district.
16, Arkwright Road, Bedford has a single entry in the Land Registry database from June 2019 and a single entry in the EPC database dated September 2017.
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 16 Arkwright Road Bedford as £471,953 and the rental value as £1,721 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Arkwright Road Bedford has decreased by £1,044 (0.2%) and its rental value has increased by £80 per month (4.7%).
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 16, Arkwright Road, Bedford is in very good condition we estimate a sale value of £495,551 and rental value of £1,807 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £438,916 and a rental value of £1,600 per month.
If you were able to purchase this property for the estimated value of £471,953, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,320 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, 16, Arkwright Road, Bedford sits on a plot of 516m2.
We have plot size data on 15 out of 25 other houses in the postcode and 16, Arkwright Road, Bedford sits on the 3rd largest plot.
According to HM Land Registry, 16, Arkwright Road, Bedford was last sold on 27 Jun 2019 for £462,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2019, the market for similar properties has risen 17.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Arkwright Road, Bedford within a radius of 55m over the last 2 years.
The most recent example is 27, Arkwright Road, Bedford, MK44 1SE, a Freehold house which sold for £410,000 in Jun 2021.
Read more about house prices in MK44.
Arkwright Road, Milton Ernest, Bedford, MK44 has a total of 25 addresses. According to our analysis of all the public data, 16, Arkwright Road, Bedford is the 17th largest and the 17th most expensive property on the street.
When compared to the postcode district it is £11k more expensive than the average property in MK44.
16, Arkwright Road, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Sep 2017.
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 16, Arkwright Road, Bedford is Bedford station which is 6.9 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 16, Arkwright Road, Bedford, 44.0% of property is privately owned outright and 35.2% 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 16, Arkwright Road, Bedford, 19.6% of residents are recorded as possessing school level qualifications and 41.0% 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 16, Arkwright Road, Bedford, the average age was 42.7 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 16, Arkwright Road, Bedford, 1.1% 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 16, Arkwright Road, 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.