According to the public record, 48, Carmichael Drive, Bedford is a modern apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Carmichael Drive, Shortstown, Bedford, MK42 is located within the MK42 postal district.
48, Carmichael Drive, Bedford has no records in the Land Registry database and a single entry in the EPC database dated July 2015.
We combine this information with public data 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 48 Carmichael Drive Bedford as £154,284 and the rental value as £895 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of 48 Carmichael Drive Bedford has increased by £373 (0.2%) and its rental value has increased by £44 per month (4.9%).
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 48, Carmichael Drive, Bedford is in very good condition we estimate a sale value of £161,999 and rental value of £939 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,484 and a rental value of £832 per month.
If you were able to purchase this property for the estimated value of £154,284, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £758 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Carmichael Drive, Bedford within a radius of 800 metres over the last 2 years.
The most recent example is 6, Nettleton Mews, Bedford, MK42 0BW, a Leasehold flat which sold for £152,500 in May 2022.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Carmichael Drive, Shortstown, Bedford, MK42 has a total of 35 addresses. According to our analysis of all the public data, 48, Carmichael Drive, Bedford is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in MK42.
48, Carmichael Drive, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 24 Jul 2015.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 48, Carmichael Drive, Bedford is Bedford St Johns station which is 3.4 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 48, Carmichael Drive, Bedford, 45.0% of property is privately rented and 22.9% 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 48, Carmichael Drive, Bedford, 14.6% of residents are recorded as possessing school level qualifications and 32.0% 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 48, Carmichael Drive, Bedford, the average age was 37.4 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 48, Carmichael Drive, Bedford, 1.2% 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 48, Carmichael Drive, Bedford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.