According to the public record, 51, Martell Drive, Bedford is a modern leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Martell Drive, Kempston, Bedford, MK42 is located within the MK42 postal district.
51, Martell Drive, Bedford has a single entry in the Land Registry database from June 2017 and a single entry in the EPC database dated June 2017.
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 51 Martell Drive Bedford as £170,896 and the rental value as £793 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 51 Martell Drive Bedford has increased by £837 (0.5%) and its rental value has increased by £43 per month (5.5%).
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 51, Martell Drive, Bedford is in very good condition we estimate a sale value of £179,440 and rental value of £833 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £158,933 and a rental value of £738 per month.
If you were able to purchase this property for the estimated value of £170,896, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £840 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, 51, Martell Drive, Bedford was last sold on 30 Jun 2017 for £156,995 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jun 2017, the market for similar properties has risen 8.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, Martell Drive, Bedford within a radius of 950 metres over the last 2 years.
The most recent example is 62, Martell Drive, Bedford, MK42 7FJ, a Leasehold flat which sold for £170,000 in Aug 2023.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martell Drive, Kempston, Bedford, MK42 has a total of 51 addresses. According to our analysis of all the public data, 51, Martell Drive, Bedford is the 47th largest and the 50th most expensive property on the street.
When compared to the postcode district it is £109k less expensive than the average property in MK42.
51, Martell Drive, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 12 Jun 2017.
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 51, Martell Drive, Bedford is Kempston Hardwick 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 51, Martell Drive, Bedford, 38.5% of property is privately owned with a mortgage and 35.7% 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 51, Martell Drive, Bedford, 22.0% of residents are recorded as possessing school level qualifications and 27.0% 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 51, Martell 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 51, Martell Drive, Bedford, 1.0% 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 51, Martell Drive, 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.