According to the public record, 48, Putnoe Lane, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 2,487 ft2 of internal area and a garden.
Houses of this size in this area normally have 5 bedrooms.
Putnoe Lane, Bedford, MK41 is located within the MK41 postal district.
48, Putnoe Lane, Bedford has 21 entries in the Land Registry database, most recently in September 2007 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 48 Putnoe Lane Bedford as £725,958 and the rental value as £2,102 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 48 Putnoe Lane Bedford has decreased by £15,405 (2.1%) and its rental value has increased by £52 per month (2.5%).
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, Putnoe Lane, Bedford is in very good condition we estimate a sale value of £762,256 and rental value of £2,207 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £675,141 and a rental value of £1,954 per month.
If you were able to purchase this property for the estimated value of £725,958, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,568 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, 48, Putnoe Lane, Bedford was last sold on 21 Sep 2007 for £672,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 48, Putnoe Lane, Bedford within a radius of 670 metres over the last 2 years.
The most recent example is 31, Nursery Gardens, Bedford, MK41 8DU, a Freehold house which sold for £742,000 in Mar 2023.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Putnoe Lane, Bedford, MK41 has a total of 170 addresses. According to our analysis of all the public data, 48, Putnoe Lane, Bedford is the 22nd largest and the 42nd most expensive property on the street.
When compared to the postcode district it is £388k more expensive than the average property in MK41.
The closest station to 48, Putnoe Lane, Bedford is Bedford 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 48, Putnoe Lane, Bedford, 53.3% of property is privately owned outright and 29.6% 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 48, Putnoe Lane, Bedford, 19.2% of residents are recorded as possessing school level qualifications and 38.8% 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 48, Putnoe Lane, 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 48, Putnoe Lane, 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 48, Putnoe Lane, Bedford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.