According to the public record, 5, Parklands, Bedford is a modern freehold house with 1,740 ft2 of internal area and sits on a 473 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Parklands, Bedford, MK41 is located within the MK41 postal district.
5, Parklands, Bedford has 31 entries in the Land Registry database, most recently in April 2011 and a single entry in the EPC database dated December 2008.
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 Parklands Bedford as £598,161 and the rental value as £1,709 per month giving an expected gross yield of 3.4%.
Over the last 12 months the sale value of 5 Parklands Bedford has decreased by £12,685 (2.1%) and its rental value has increased by £42 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 5, Parklands, Bedford is in very good condition we estimate a sale value of £628,069 and rental value of £1,794 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £556,290 and a rental value of £1,589 per month.
If you were able to purchase this property for the estimated value of £598,161, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,940 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 data from HM Land Registry, 5, Parklands, Bedford sits on a plot of 473m2.
We have plot size data on 8 out of 11 other houses in the postcode and 5, Parklands, Bedford sits on the 4th largest plot.
According to HM Land Registry, 5, Parklands, Bedford was last sold on 04 Apr 2011 for £345,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Apr 2011, the market for similar properties has risen 71.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Parklands, Bedford within a radius of 550 metres over the last 2 years.
The most recent example is 4, Parklands, Bedford, MK41 9LZ, a Freehold house which sold for £635,000 in Sep 2023.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Parklands, Bedford, MK41 has a total of 11 addresses. According to our analysis of all the public data, 5, Parklands, Bedford is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £260k more expensive than the average property in MK41.
5, Parklands, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Dec 2008.
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, Parklands, Bedford is Bedford St Johns 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 5, Parklands, Bedford, 50.0% of property is privately owned outright and 27.6% 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 5, Parklands, Bedford, 14.1% of residents are recorded as possessing school level qualifications and 20.3% 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, Parklands, Bedford, the average age was 39.3 and the most common age was 12.
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, Parklands, 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 5, Parklands, Bedford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.