According to the public record, 2, Restormel Close, Bedford is a mid-century freehold house with 1,117 ft2 of internal area and sits on a 565 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Restormel Close, Bedford, MK41 is located within the MK41 postal district.
2, Restormel Close, Bedford has 21 entries in the Land Registry database, most recently in November 2013 and a single entry in the EPC database dated September 2010.
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 Restormel Close Bedford as £406,989 and the rental value as £1,524 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 2 Restormel Close Bedford has decreased by £6,837 (1.7%) and its rental value has increased by £44 per month (2.9%).
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, Restormel Close, Bedford is in very good condition we estimate a sale value of £427,338 and rental value of £1,600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £378,499 and a rental value of £1,417 per month.
If you were able to purchase this property for the estimated value of £406,989, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,000 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, Restormel Close, Bedford sits on a plot of 565m2.
We have plot size data on 6 out of 14 other houses in the postcode and 2, Restormel Close, Bedford sits on the largest plot.
According to HM Land Registry, 2, Restormel Close, Bedford was last sold on 12 Nov 2013 for £267,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2013, the market for similar properties has risen 58.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Restormel Close, Bedford within a radius of 700 metres over the last 2 years.
The most recent example is 3, Prinknash Road, Bedford, MK41 8DJ, a Freehold house which sold for £455,000 in Feb 2023.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Restormel Close, Bedford, MK41 has a total of 14 addresses. According to our analysis of all the public data, 2, Restormel Close, Bedford is the 8th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £69k more expensive than the average property in MK41.
2, Restormel Close, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Sep 2010.
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 2, Restormel Close, Bedford is Bedford station which is 3.6 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, Restormel Close, Bedford, 61.2% of property is privately owned outright and 30.6% 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, Restormel Close, Bedford, 13.6% of residents are recorded as possessing school level qualifications and 42.4% 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, Restormel Close, Bedford, the average age was 45.7 and the most common age was 72.
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, Restormel Close, Bedford, 0.3% 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, Restormel Close, 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.