According to the public record, 2, Weavers Lane, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 2,540 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Weavers Lane, Pavenham, Bedford, MK43 is located within the MK43 postal district.
2, Weavers Lane, Bedford has a single entry in the Land Registry database from January 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 2 Weavers Lane Bedford as £786,127 and the rental value as £2,132 per month giving an expected gross yield of 3.3%.
Over the last 12 months the sale value of 2 Weavers Lane Bedford has decreased by £14,467 (1.8%) and its rental value has increased by £63 per month (3.0%).
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, Weavers Lane, Bedford is in very good condition we estimate a sale value of £825,433 and rental value of £2,238 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £731,098 and a rental value of £1,982 per month.
If you were able to purchase this property for the estimated value of £786,127, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,864 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, 2, Weavers Lane, Bedford was last sold on 04 Jan 2013 for £525,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jan 2013, the market for similar properties has risen 64.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Weavers Lane, Bedford within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 31, The Bury, Bedford, MK43 7PY, a Freehold house which sold for £536,000 in Oct 2022.
Read more about house prices in MK43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Weavers Lane, Pavenham, Bedford, MK43 has a total of 6 addresses. According to our analysis of all the public data, 2, Weavers Lane, Bedford is the 2nd largest and the most expensive property on the street.
When compared to the postcode district it is £383k more expensive than the average property in MK43.
The closest station to 2, Weavers Lane, Bedford is Bedford station which is 7.7 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, Weavers Lane, Bedford, 41.7% of property is privately owned outright and 33.1% 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, Weavers Lane, Bedford, 14.3% of residents are recorded as possessing school level qualifications and 49.2% 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, Weavers Lane, Bedford, the average age was 45.8 and the most common age was 52.
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, Weavers Lane, 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 2, Weavers Lane, Bedford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.