According to the public record, 40, Cheviot Close, Bedford is a mid-century freehold house with 818 ft2 of internal area and sits on a 323 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Cheviot Close, Bedford, MK41 is located within the MK41 postal district.
40, Cheviot Close, Bedford has a single entry in the Land Registry database from April 2014 and a single entry in the EPC database dated March 2014.
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 40 Cheviot Close Bedford as £329,772 and the rental value as £1,302 per month giving an expected gross yield of 4.7%.
Over the last 12 months the sale value of 40 Cheviot Close Bedford has decreased by £1,710 (0.5%) and its rental value has increased by £54 per month (4.1%).
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 40, Cheviot Close, Bedford is in very good condition we estimate a sale value of £346,261 and rental value of £1,368 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £306,688 and a rental value of £1,211 per month.
If you were able to purchase this property for the estimated value of £329,772, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,621 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, 40, Cheviot Close, Bedford sits on a plot of 323m2.
We have plot size data on 20 out of 44 other houses in the postcode and 40, Cheviot Close, Bedford sits on the 10th largest plot.
According to HM Land Registry, 40, Cheviot Close, Bedford was last sold on 23 Apr 2014 for £195,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Apr 2014, the market for similar properties has risen 55.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Cheviot Close, Bedford within a radius of 670 metres over the last 2 years.
The most recent example is 17, Cheviot Close, Bedford, MK41 9EN, a Freehold house which sold for £295,000 in Nov 2022.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Cheviot Close, Bedford, MK41 has a total of 44 addresses. According to our analysis of all the public data, 40, Cheviot Close, Bedford is the 37th largest and the 37th most expensive property on the street.
When compared to the postcode district it is £8k less expensive than the average property in MK41.
40, Cheviot Close, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Mar 2014.
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 40, Cheviot Close, Bedford is Bedford St Johns station which is 2.5 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 40, Cheviot Close, Bedford, 60.2% of property is privately owned outright and 32.0% 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 40, Cheviot Close, Bedford, 15.4% of residents are recorded as possessing school level qualifications and 34.8% 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 40, Cheviot 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 40, Cheviot Close, 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 40, Cheviot Close, Bedford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.