According to the public record, 18, Balmoral Avenue, Bedford is a mid-century freehold house with 1,108 ft2 of internal area and sits on a 726 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Balmoral Avenue, Bedford, MK40 is located within the MK40 postal district.
18, Balmoral Avenue, Bedford has a single entry in the Land Registry database from June 2021 and a single entry in the EPC database dated April 2021.
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 18 Balmoral Avenue Bedford as £564,148 and the rental value as £1,667 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 18 Balmoral Avenue Bedford has decreased by £10,128 (1.8%) and its rental value has increased by £46 per month (2.8%).
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 18, Balmoral Avenue, Bedford is in very good condition we estimate a sale value of £592,355 and rental value of £1,750 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £524,658 and a rental value of £1,550 per month.
If you were able to purchase this property for the estimated value of £564,148, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,773 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, 18, Balmoral Avenue, Bedford sits on a plot of 726m2.
We have plot size data on 15 out of 24 other houses in the postcode and 18, Balmoral Avenue, Bedford sits on the 9th largest plot.
According to HM Land Registry, 18, Balmoral Avenue, Bedford was last sold on 04 Jun 2021 for £550,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2021, the market for similar properties has risen 4.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 18, Balmoral Avenue, Bedford within a radius of 550 metres over the last 2 years.
The most recent example is 12, Balmoral Avenue, Bedford, MK40 2PT, a Freehold house which sold for £495,000 in May 2019.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Balmoral Avenue, Bedford, MK40 has a total of 24 addresses. According to our analysis of all the public data, 18, Balmoral Avenue, Bedford is the 22nd largest and the 22nd most expensive property on the street.
When compared to the postcode district it is £244k more expensive than the average property in MK40.
18, Balmoral Avenue, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Apr 2021.
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 18, Balmoral Avenue, Bedford is Bedford station which is 2.0 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 18, Balmoral Avenue, Bedford, 51.2% of property is privately owned outright and 36.2% 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 18, Balmoral Avenue, Bedford, 20.7% of residents are recorded as possessing school level qualifications and 51.7% 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 18, Balmoral Avenue, 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 18, Balmoral Avenue, 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 18, Balmoral Avenue, Bedford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.