According to the public record, 6 The Granary, Bedford is a modern leasehold apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in The Granary, Mill Lane, Kempston, Bedford, MK42.
Mill Lane, Kempston, Bedford, MK42 is located within the MK42 postal district.
6 The Granary, Bedford has a single entry in the Land Registry database from May 2012 and a single entry in the EPC database dated May 2024.
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 The Granary Bedford as £210,477 and the rental value as £895 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 6 The Granary Bedford has decreased by £24 (0.0%) and its rental value has increased by £42 per month (4.7%).
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 The Granary, Bedford is in very good condition we estimate a sale value of £221,001 and rental value of £940 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £195,743 and a rental value of £832 per month.
If you were able to purchase this property for the estimated value of £210,477, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,034 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 The Granary, Bedford was last sold on 04 May 2012 for £127,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since May 2012, the market for similar properties has risen 53.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 6 The Granary, Bedford within a radius of 760 metres over the last 2 years.
The most recent example is 3 The Granary, Mill Lane, Bedford, MK42 7FD, a Leasehold flat which sold for £200,000 in Mar 2023.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Lane, Kempston, Bedford, MK42 has a total of 48 addresses. According to our analysis of all the public data, 6 The Granary, Bedford is the 31st largest and the 30th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in MK42.
6 The Granary, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 May 2024.
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 6 The Granary, Bedford is Kempston Hardwick station which is 2.8 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 The Granary, Bedford, 48.9% of property is privately owned outright and 39.4% 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 6 The Granary, Bedford, 16.6% of residents are recorded as possessing school level qualifications and 24.4% 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 The Granary, Bedford, the average age was 41.7 and the most common age was 52.
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 The Granary, Bedford, 0.2% 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 6 The Granary, Bedford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.