According to the public record, 16, Houghton Road, Bedford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 398 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
Houghton Road, Bedford, MK42 is located within the MK42 postal district.
16, Houghton Road, Bedford has a single entry in the Land Registry database from October 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 16 Houghton Road Bedford as £115,887 and the rental value as £693 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 16 Houghton Road Bedford has increased by £2,309 (2.0%) and its rental value has increased by £46 per month (6.7%).
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, Houghton Road, Bedford is in very good condition we estimate a sale value of £121,681 and rental value of £728 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £107,775 and a rental value of £645 per month.
If you were able to purchase this property for the estimated value of £115,887, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £570 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, 16, Houghton Road, Bedford was last sold on 29 Oct 2007 for £69,997 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2007, the market for similar properties has risen 42.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Houghton Road, Bedford within a radius of 440 metres over the last 2 years.
The most recent example is Flat 2, 89, Victoria Road, Bedford, MK42 9JR, a Leasehold flat which sold for £118,000 in Jan 2024.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Houghton Road, Bedford, MK42 has a total of 35 addresses. According to our analysis of all the public data, 16, Houghton Road, Bedford is the 33rd largest and the 33rd most expensive property on the street.
When compared to the postcode district it is £164k less expensive than the average property in MK42.
The closest station to 16, Houghton Road, Bedford is Bedford St Johns station which is 300 metres 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, Houghton Road, Bedford, 34.6% of property is privately rented and 31.7% is socially rented.
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, Houghton Road, Bedford, 28.2% of residents are recorded as possessing school level qualifications and 27.4% 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, Houghton Road, Bedford, the average age was 34.8 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, Houghton Road, 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, Houghton Road, 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.