According to the public record, 3 Gresham Court , Bedford is a modern leasehold apartment with 957 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in Gresham Court, Kimbolton Road, Bedford, MK40.
Kimbolton Road, Bedford, MK40 is located within the MK40 postal district.
3 Gresham Court , Bedford has 31 entries in the Land Registry database, most recently in March 2017 and a single entry in the EPC database dated October 2016.
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 3 Gresham Court Bedford as £374,050 and the rental value as £1,440 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 3 Gresham Court Bedford has decreased by £2,845 (0.8%) and its rental value has increased by £55 per month (3.8%).
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 3 Gresham Court , Bedford is in very good condition we estimate a sale value of £392,752 and rental value of £1,512 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £347,866 and a rental value of £1,339 per month.
If you were able to purchase this property for the estimated value of £374,050, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,838 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, 3 Gresham Court , Bedford was last sold on 17 Mar 2017 for £180,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2017, the market for similar properties has risen 7.3%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 3 Gresham Court , Bedford within a radius of 580 metres over the last 2 years.
The most recent example is 2 Gresham Court , Kimbolton Road, Bedford, MK40 2PG, a Leasehold flat which sold for £180,000 in Mar 2020.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kimbolton Road, Bedford, MK40 has a total of 246 addresses. According to our analysis of all the public data, 3 Gresham Court , Bedford is the 63rd largest and the 49th most expensive property on the street.
When compared to the postcode district it is £54k more expensive than the average property in MK40.
3 Gresham Court , Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Oct 2016.
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 3 Gresham Court , Bedford is Bedford station which is 1.9 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 3 Gresham Court , 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 3 Gresham Court , 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 3 Gresham Court , 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 3 Gresham Court , 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 3 Gresham Court , 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.