According to the public record, 38, Gratton Road, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,152 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Gratton Road, Bedford, MK40 is located within the MK40 postal district.
38, Gratton Road, Bedford has 2 entries in the Land Registry database, most recently in October 2019 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 38 Gratton Road Bedford as £273,053 and the rental value as £1,273 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 38 Gratton Road Bedford has increased by £479 (0.2%) and its rental value has increased by £60 per month (4.7%).
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 38, Gratton Road, Bedford is in very good condition we estimate a sale value of £286,705 and rental value of £1,337 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £253,939 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £273,053, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,342 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, 38, Gratton Road, Bedford was last sold on 18 Oct 2019 for £200,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Oct 2019, the market for similar properties has risen 14.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 38, Gratton Road, Bedford within a radius of 430 metres over the last 2 years.
The most recent example is 36, Dunville Road, Bedford, MK40 4DZ, a Freehold house which sold for £256,000 in Feb 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gratton Road, Bedford, MK40 has a total of 54 addresses. According to our analysis of all the public data, 38, Gratton Road, Bedford is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £47k less expensive than the average property in MK40.
The closest station to 38, Gratton Road, Bedford is Bedford station which is 300 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 38, Gratton Road, Bedford, 43.4% of property is privately rented and 23.3% is privately owned outright.
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 38, Gratton Road, Bedford, 29.7% of residents are recorded as possessing school level qualifications and 24.1% 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 38, Gratton Road, Bedford, the average age was 32.8 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 38, Gratton Road, 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 38, Gratton Road, 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.