According to the public record, 16, Caves Lane, Bedford is a mid-century freehold house with 1,076 ft2 of internal area and sits on a 365 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Caves Lane, Bedford, MK40 is located within the MK40 postal district.
16, Caves Lane, Bedford has a single entry in the Land Registry database from March 2015 and a single entry in the EPC database dated January 2015.
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 Caves Lane Bedford as £372,013 and the rental value as £1,566 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 16 Caves Lane Bedford has increased by £2,501 (0.7%) and its rental value has increased by £84 per month (5.4%).
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, Caves Lane, Bedford is in very good condition we estimate a sale value of £390,614 and rental value of £1,644 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,972 and a rental value of £1,456 per month.
If you were able to purchase this property for the estimated value of £372,013, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,828 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, Caves Lane, Bedford sits on a plot of 365m2.
We have plot size data on 12 out of 19 other houses in the postcode and 16, Caves Lane, Bedford sits on the 10th largest plot.
According to HM Land Registry, 16, Caves Lane, Bedford was last sold on 25 Mar 2015 for £228,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2015, the market for similar properties has risen 46.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Caves Lane, Bedford within a radius of 470 metres over the last 2 years.
The most recent example is 6, Seaton Drive, Bedford, MK40 3BG, a Freehold house which sold for £320,000 in Jul 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Caves Lane, Bedford, MK40 has a total of 73 addresses. According to our analysis of all the public data, 16, Caves Lane, Bedford is the 40th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £52k more expensive than the average property in MK40.
16, Caves Lane, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Jan 2015.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 16, Caves Lane, Bedford is Bedford St Johns station which is 1.8 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 16, Caves Lane, Bedford, 58.3% of property is privately owned outright and 25.8% 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, Caves Lane, Bedford, 17.0% 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 16, Caves Lane, Bedford, the average age was 41.3 and the most common age was 22.
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, Caves Lane, Bedford, 1.0% 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 16, Caves Lane, Bedford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.