According to the public record, 42, Park Avenue, Bedford is a Leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 1,067 ft2 of internal area and a garden.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 42, Park Avenue, Bedford, MK40.
Park Avenue, Bedford, MK40 is located within the MK40 postal district.
42, Park Avenue, Bedford has 31 entries in the Land Registry database, most recently in February 2011 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 42 Park Avenue Bedford as £352,667 and the rental value as £1,358 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 42 Park Avenue Bedford has decreased by £1,989 (0.6%) and its rental value has increased by £55 per month (4.0%).
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 42, Park Avenue, Bedford is in very good condition we estimate a sale value of £370,300 and rental value of £1,426 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £327,980 and a rental value of £1,263 per month.
If you were able to purchase this property for the estimated value of £352,667, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,733 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, 42, Park Avenue, Bedford was last sold on 25 Feb 2011 for £250,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Feb 2011, the market for similar properties has risen 52.7%
According to the Land Registry and our network of Estate Agents, there have been 1 sale of a property similar to 42, Park Avenue, Bedford within a radius of 620 metres over the last 2 years.
The most recent example is 3 Gresham Court , Kimbolton Road, Bedford, MK40 2PG, a Leasehold flat which sold for £180,000 in Mar 2017.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Avenue, Bedford, MK40 has a total of 100 addresses. According to our analysis of all the public data, 42, Park Avenue, Bedford is the 48th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £33k more expensive than the average property in MK40.
The closest station to 42, Park Avenue, Bedford is Bedford station which is 2.0 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 42, Park Avenue, Bedford, 29.6% of property is privately owned outright and 27.3% 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 42, Park Avenue, Bedford, 16.7% of residents are recorded as possessing school level qualifications and 42.7% 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 42, Park Avenue, 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 42, Park Avenue, Bedford, 3.3% 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 42, Park Avenue, Bedford, there are an average of 1.3 cars per household.
See below for how this compares to East of England and the rest of England & Wales.