According to the public record, 16, Park Lane, Bedford is a period freehold house and with 688 ft2 of internal area and sits on a 178 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Park Lane, Blunham, Bedford, MK44 is located within the MK44 postal district.
16, Park Lane, Bedford has 61 entries in the Land Registry database, most recently in February 2013 and a single entry in the EPC database dated October 2012.
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 Park Lane Bedford as £326,255 and the rental value as £1,287 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 16 Park Lane Bedford has increased by £7,501 (2.3%) and its rental value has increased by £107 per month (8.3%).
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, Park Lane, Bedford is in very good condition we estimate a sale value of £342,568 and rental value of £1,352 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,417 and a rental value of £1,197 per month.
If you were able to purchase this property for the estimated value of £326,255, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,603 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, Park Lane, Bedford sits on a plot of 178m2.
We have plot size data on 15 out of 24 other houses in the postcode and 16, Park Lane, Bedford sits on the 11th largest plot.
According to HM Land Registry, 16, Park Lane, Bedford was last sold on 01 Feb 2013 for £190,000 and was recorded as a freehold house.
The property has had 6 sales since 1995.
Since Feb 2013, the market for similar properties has risen 91.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Park Lane, Bedford within a radius of 208m over the last 2 years.
The most recent example is 13, Station Road, Bedford, MK44 3NZ, a Freehold house which sold for £255,000 in Oct 2023.
Read more about house prices in MK44.
Park Lane, Blunham, Bedford, MK44 has a total of 48 addresses. According to our analysis of all the public data, 16, Park Lane, Bedford is the 37th largest and the 36th most expensive property on the street.
When compared to the postcode district it is £134k less expensive than the average property in MK44.
16, Park Lane, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Oct 2012.
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, Park Lane, Bedford is Sandy station which is 3.4 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, Park Lane, Bedford, 39.2% of property is socially rented and 27.8% 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, Park Lane, Bedford, 17.2% of residents are recorded as possessing school level qualifications and 26.7% 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, Park Lane, Bedford, the average age was 45.2 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 16, Park 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, Park Lane, Bedford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.