According to the public record, 19, Heron Quay, Bedford is a modern leasehold apartment with 592 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Heron Quay, Bedford, MK40 is located within the MK40 postal district.
19, Heron Quay, Bedford has 21 entries in the Land Registry database, most recently in February 2018 and a single entry in the EPC database dated March 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 19 Heron Quay Bedford as £172,568 and the rental value as £840 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 19 Heron Quay Bedford has increased by £228 (0.1%) and its rental value has increased by £40 per month (4.7%).
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 19, Heron Quay, Bedford is in very good condition we estimate a sale value of £181,197 and rental value of £882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £160,488 and a rental value of £781 per month.
If you were able to purchase this property for the estimated value of £172,568, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £848 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, 19, Heron Quay, Bedford was last sold on 08 Feb 2018 for £162,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2018, the market for similar properties has risen 2.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 19, Heron Quay, Bedford within a radius of 450 metres over the last 2 years.
The most recent example is 46, Heron Quay, Bedford, MK40 1TH, a Leasehold flat which sold for £180,000 in Oct 2022.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Heron Quay, Bedford, MK40 has a total of 52 addresses. According to our analysis of all the public data, 19, Heron Quay, Bedford is the 32nd largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £147k less expensive than the average property in MK40.
19, Heron Quay, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 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 19, Heron Quay, Bedford is Bedford station which is 600 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 19, Heron Quay, Bedford, 46.0% of property is privately rented and 30.2% 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 19, Heron Quay, Bedford, 13.1% of residents are recorded as possessing school level qualifications and 43.0% 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 19, Heron Quay, Bedford, the average age was 38.6 and the most common age was 27.
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 19, Heron Quay, Bedford, 0.4% 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 19, Heron Quay, Bedford, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.