According to the public record, 51, The Sidings, Bedford is a modern leasehold apartment with 936 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The Sidings, Bedford, MK42 is located within the MK42 postal district.
51, The Sidings, Bedford has 21 entries in the Land Registry database, most recently in September 2020 and a single entry in the EPC database dated November 2020.
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 The Sidings Bedford as £191,432 and the rental value as £1,036 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of 51 The Sidings Bedford has decreased by £748 (0.4%) and its rental value has increased by £43 per month (4.2%).
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, The Sidings, Bedford is in very good condition we estimate a sale value of £201,003 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,031 and a rental value of £963 per month.
If you were able to purchase this property for the estimated value of £191,432, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £941 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, The Sidings, Bedford was last sold on 11 Sep 2020 for £165,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2020, the market for similar properties has risen 6.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 51, The Sidings, Bedford within a radius of 450 metres over the last 2 years.
The most recent example is 3, Haynes Road, Bedford, MK42 9PG, a Leasehold flat which sold for £167,500 in Jun 2016.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Sidings, Bedford, MK42 has a total of 48 addresses. According to our analysis of all the public data, 51, The Sidings, Bedford is the 20th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £89k less expensive than the average property in MK42.
51, The Sidings, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 51, The Sidings, Bedford is Bedford St Johns 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 51, The Sidings, Bedford, 65.9% of property is privately rented and 17.9% 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 51, The Sidings, Bedford, 14.7% of residents are recorded as possessing school level qualifications and 31.3% 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 51, The Sidings, Bedford, the average age was 36.9 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, The Sidings, Bedford, 0.0% 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, The Sidings, Bedford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.