According to the public record, 5, Sherbourne Way, Bedford is a modern freehold house with 1,302 ft2 of internal area and sits on a 286 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Sherbourne Way, Bedford, MK41 is located within the MK41 postal district.
5, Sherbourne Way, Bedford has 21 entries in the Land Registry database, most recently in July 2022 and a single entry in the EPC database dated January 2022.
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 Sherbourne Way Bedford as £482,196 and the rental value as £1,548 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of 5 Sherbourne Way Bedford has decreased by £8,150 (1.7%) and its rental value has increased by £45 per month (2.9%).
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 5, Sherbourne Way, Bedford is in very good condition we estimate a sale value of £506,306 and rental value of £1,626 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £448,442 and a rental value of £1,440 per month.
If you were able to purchase this property for the estimated value of £482,196, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,370 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, Sherbourne Way, Bedford sits on a plot of 286m2.
We have plot size data on 9 out of 18 other houses in the postcode and 5, Sherbourne Way, Bedford sits on the 4th largest plot.
According to HM Land Registry, 5, Sherbourne Way, Bedford was last sold on 20 Jul 2022 for £485,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jul 2022, the market for similar properties has dropped 5.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Sherbourne Way, Bedford within a radius of 730 metres over the last 2 years.
The most recent example is 55, Wentworth Drive, Bedford, MK41 8QB, a Freehold house which sold for £485,000 in Dec 2022.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Sherbourne Way, Bedford, MK41 has a total of 18 addresses. According to our analysis of all the public data, 5, Sherbourne Way, Bedford is the 10th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £144k more expensive than the average property in MK41.
5, Sherbourne Way, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jan 2022.
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, Sherbourne Way, Bedford is Bedford 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 5, Sherbourne Way, Bedford, 63.5% of property is privately owned outright and 28.7% 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, Sherbourne Way, Bedford, 20.3% of residents are recorded as possessing school level qualifications and 37.0% 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, Sherbourne Way, 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 5, Sherbourne Way, Bedford, 1.7% 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, Sherbourne Way, 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.