According to the public record, 16, Green Lane, Bedford is a modern freehold house with 2,012 ft2 of internal area and sits on a 251 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Green Lane, Wixams, Bedford, MK42 is located within the MK42 postal district.
16, Green Lane, Bedford has a single entry in the Land Registry database from April 2015 and a single entry in the EPC database dated June 2013.
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 Green Lane Bedford as £485,584 and the rental value as £1,775 per month giving an expected gross yield of 4.4%.
Over the last 12 months the sale value of 16 Green Lane Bedford has decreased by £8,785 (1.8%) and its rental value has increased by £52 per month (2.9%).
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, Green Lane, Bedford is in very good condition we estimate a sale value of £509,863 and rental value of £1,864 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £451,593 and a rental value of £1,651 per month.
If you were able to purchase this property for the estimated value of £485,584, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,386 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, Green Lane, Bedford sits on a plot of 251m2.
We have plot size data on 11 out of 11 other houses in the postcode and 16, Green Lane, Bedford sits on the 3rd largest plot.
According to HM Land Registry, 16, Green Lane, Bedford was last sold on 08 Apr 2015 for £350,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2015, the market for similar properties has risen 39.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Green Lane, Bedford within a radius of 860 metres over the last 2 years.
The most recent example is 2, Green Lane, Bedford, MK42 6AN, a Freehold house which sold for £458,000 in Jan 2022.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Green Lane, Wixams, Bedford, MK42 has a total of 73 addresses. According to our analysis of all the public data, 16, Green Lane, Bedford is the largest and the 4th most expensive property on the street.
When compared to the postcode district it is £206k more expensive than the average property in MK42.
16, Green Lane, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 16, Green Lane, Bedford is Kempston Hardwick station which is 2.9 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, Green Lane, Bedford, 63.7% of property is privately owned with a mortgage and 22.1% is privately owned outright.
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, Green Lane, Bedford, 20.8% of residents are recorded as possessing school level qualifications and 42.6% 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 16, Green Lane, Bedford, the average age was 37.4 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 16, Green Lane, 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 16, Green Lane, 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.