According to the public record, 6, Lakeside Way, Bedford is a modern leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Lakeside Way, Wixams, Bedford, MK42 is located within the MK42 postal district.
6, Lakeside Way, Bedford has 2 entries in the Land Registry database, most recently in August 2019 and a single entry in the EPC database dated June 2019.
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 6 Lakeside Way Bedford as £197,837 and the rental value as £950 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 6 Lakeside Way Bedford has decreased by £804 (0.4%) and its rental value has increased by £42 per month (4.4%).
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 6, Lakeside Way, Bedford is in very good condition we estimate a sale value of £207,729 and rental value of £997 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £183,989 and a rental value of £883 per month.
If you were able to purchase this property for the estimated value of £197,837, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £972 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, 6, Lakeside Way, Bedford was last sold on 28 Aug 2019 for £179,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Aug 2019, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6, Lakeside Way, Bedford within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 22, Bluewater Quay, Bedford, MK42 6BF, a Leasehold flat which sold for £200,000 in Aug 2022.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lakeside Way, Wixams, Bedford, MK42 has a total of 17 addresses. According to our analysis of all the public data, 6, Lakeside Way, Bedford is the 13th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £82k less expensive than the average property in MK42.
6, Lakeside Way, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jun 2019.
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 6, Lakeside Way, Bedford is Kempston Hardwick station which is 2.9 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 6, Lakeside Way, Bedford, 63.7% of property is privately owned with a mortgage and 22.1% 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 6, Lakeside Way, Bedford, 20.8% of residents are recorded as possessing school level qualifications and 42.6% 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 6, Lakeside Way, 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 6, Lakeside Way, 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 6, Lakeside Way, Bedford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.