According to the public record, 45, Saxon Way, Bedford is a modern leasehold apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Saxon Way, Great Denham, Bedford, MK40 is located within the MK40 postal district.
45, Saxon Way, Bedford has a single entry in the Land Registry database from April 2022 and a single entry in the EPC database dated November 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 45 Saxon Way Bedford as £180,644 and the rental value as £852 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 45 Saxon Way Bedford has decreased by £433 (0.2%) and its rental value has increased by £37 per month (4.4%).
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 45, Saxon Way, Bedford is in very good condition we estimate a sale value of £189,676 and rental value of £894 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £167,999 and a rental value of £792 per month.
If you were able to purchase this property for the estimated value of £180,644, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £888 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, 45, Saxon Way, Bedford was last sold on 01 Apr 2022 for £78,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Apr 2022, the market for similar properties has dropped 2.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 45, Saxon Way, Bedford within a radius of 770 metres over the last 2 years.
The most recent example is 2, Mercia Road, Bedford, MK40 4GR, a Leasehold flat which sold for £170,000 in Oct 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Saxon Way, Great Denham, Bedford, MK40 has a total of 101 addresses. According to our analysis of all the public data, 45, Saxon Way, Bedford is the 97th largest and the 97th most expensive property on the street.
When compared to the postcode district it is £139k less expensive than the average property in MK40.
45, Saxon Way, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 26 Nov 2021.
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 45, Saxon Way, Bedford is Bedford station which is 2.1 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 45, Saxon Way, Bedford, 43.8% of property is privately owned with a mortgage and 19.6% is socially rented.
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 45, Saxon Way, Bedford, 34.1% of residents are recorded as possessing school level qualifications and 43.0% 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 45, Saxon Way, Bedford, the average age was 38.9 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 45, Saxon Way, Bedford, 0.6% 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 45, Saxon Way, Bedford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.