According to the public record, 5, Padbury House 77, Bedford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Padbury House, Bromham Road, Bedford, MK40.
Bromham Road, Bedford, MK40 is located within the MK40 postal district.
5, Padbury House 77, Bedford has 31 entries in the Land Registry database, most recently in March 2021 and a single entry in the EPC database dated February 2023.
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 5 Padbury House 77 Bedford as £150,802 and the rental value as £821 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 5 Padbury House 77 Bedford has increased by £625 (0.4%) and its rental value has increased by £41 per month (5.0%).
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 5, Padbury House 77, Bedford is in very good condition we estimate a sale value of £158,342 and rental value of £862 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £140,246 and a rental value of £763 per month.
If you were able to purchase this property for the estimated value of £150,802, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £741 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, 5, Padbury House 77, Bedford was last sold on 25 Mar 2021 for £139,600 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Mar 2021, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Padbury House 77, Bedford within a radius of 350 metres over the last 2 years.
The most recent example is Flat 29, Olivier Court, Union Street, Bedford, MK40 2UU, a Leasehold flat which sold for £131,500 in May 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromham Road, Bedford, MK40 has a total of 325 addresses. According to our analysis of all the public data, 5, Padbury House 77, Bedford is the 212th largest and the 192nd most expensive property on the street.
When compared to the postcode district it is £169k less expensive than the average property in MK40.
5, Padbury House 77, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Feb 2023.
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 5, Padbury House 77, Bedford is Bedford station which is 400 metres 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 5, Padbury House 77, Bedford, 53.5% of property is privately rented and 21.4% 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 5, Padbury House 77, Bedford, 7.1% 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 5, Padbury House 77, Bedford, the average age was 40.9 and the most common age was 27.
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 5, Padbury House 77, Bedford, 0.5% 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 5, Padbury House 77, Bedford, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.