According to the public record, 2 Sharnside Cottages, Park Lane, Bedford is a period freehold house with 852 ft2 of internal area and sits on a 228 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Park Lane, Sharnbrook, Bedford, MK44 is located within the MK44 postal district.
2 Sharnside Cottages, Park Lane, Bedford has a single entry in the Land Registry database from November 2007 and a single entry in the EPC database dated December 2011.
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 2 Sharnside Cottages Park Lane Bedford as £501,781 and the rental value as £1,530 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of 2 Sharnside Cottages Park Lane Bedford has increased by £4,779 (1.0%) and its rental value has increased by £91 per month (6.0%).
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 2 Sharnside Cottages, Park Lane, Bedford is in very good condition we estimate a sale value of £526,870 and rental value of £1,607 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £466,656 and a rental value of £1,423 per month.
If you were able to purchase this property for the estimated value of £501,781, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,466 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, 2 Sharnside Cottages, Park Lane, Bedford sits on a plot of 228m2.
According to HM Land Registry, 2 Sharnside Cottages, Park Lane, Bedford was last sold on 01 Nov 2007 for £315,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2007, the market for similar properties has risen 62.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Sharnside Cottages, Park Lane, Bedford within a radius of 4.2 kilometres over the last 2 years.
The most recent example is 1A, Loring Road, Bedford, MK44 1JT, a Freehold house which sold for £325,000 in Nov 2019.
Read more about house prices in MK44.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Sharnbrook, Bedford, MK44 has a total of 25 addresses. According to our analysis of all the public data, 2 Sharnside Cottages, Park Lane, Bedford is the 24th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £41k more expensive than the average property in MK44.
2 Sharnside Cottages, Park Lane, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Dec 2011.
The property is connected to mains gas and has single glazed windows. It is heated using a boiler and radiators.
The closest station to 2 Sharnside Cottages, Park Lane, Bedford is Bedford station which is 11.0 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 2 Sharnside Cottages, Park Lane, Bedford, 50.0% of property is privately owned outright and 33.6% 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 2 Sharnside Cottages, Park Lane, Bedford, 13.2% of residents are recorded as possessing school level qualifications and 39.4% 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 2 Sharnside Cottages, Park Lane, Bedford, the average age was 46 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 2 Sharnside Cottages, Park Lane, Bedford, 1.9% 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 2 Sharnside Cottages, Park 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.