According to the public record, 332, Redwood Grove, Bedford is a modern leasehold apartment with 322 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Redwood Grove, Bedford, MK42 is located within the MK42 postal district.
332, Redwood Grove, Bedford has 41 entries in the Land Registry database, most recently in May 2016 and a single entry in the EPC database dated April 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 332 Redwood Grove Bedford as £111,052 and the rental value as £667 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of 332 Redwood Grove Bedford has increased by £1,876 (1.7%) and its rental value has increased by £42 per month (6.3%).
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 332, Redwood Grove, Bedford is in very good condition we estimate a sale value of £116,604 and rental value of £700 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,278 and a rental value of £620 per month.
If you were able to purchase this property for the estimated value of £111,052, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £546 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, 332, Redwood Grove, Bedford was last sold on 16 May 2016 for £76,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since May 2016, the market for similar properties has risen 20.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 332, Redwood Grove, Bedford within a radius of 450 metres over the last 2 years.
The most recent example is 260, Redwood Grove, Bedford, MK42 9JL, a Leasehold flat which sold for £80,000 in Jun 2019.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Redwood Grove, Bedford, MK42 has a total of 249 addresses. According to our analysis of all the public data, 332, Redwood Grove, Bedford is the 243rd largest and the 244th most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in MK42.
332, Redwood Grove, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Apr 2021.
The property is not connected to mains gas and has single glazed windows. It is heated using Room heaters, electric.
The closest station to 332, Redwood Grove, Bedford is Bedford St Johns 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 332, Redwood Grove, Bedford, 52.8% of property is privately rented and 23.2% 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 332, Redwood Grove, Bedford, 18.0% of residents are recorded as possessing school level qualifications and 35.2% 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 332, Redwood Grove, Bedford, the average age was 36.9 and the most common age was 32.
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 332, Redwood Grove, 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 332, Redwood Grove, Bedford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.