According to the public record, 62, Oak Road, Bedford is a mid-century freehold house with 818 ft2 of internal area and sits on a 204 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Oak Road, Bedford, MK42 is located within the MK42 postal district.
62, Oak Road, Bedford has 41 entries in the Land Registry database, most recently in December 2022 and a single entry in the EPC database dated October 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 62 Oak Road Bedford as £234,006 and the rental value as £1,143 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 62 Oak Road Bedford has increased by £1,029 (0.4%) and its rental value has increased by £58 per month (5.0%).
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 62, Oak Road, Bedford is in very good condition we estimate a sale value of £245,707 and rental value of £1,201 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £217,626 and a rental value of £1,063 per month.
If you were able to purchase this property for the estimated value of £234,006, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,150 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, 62, Oak Road, Bedford sits on a plot of 204m2.
We have plot size data on 21 out of 36 other houses in the postcode and 62, Oak Road, Bedford sits on the 7th largest plot.
According to HM Land Registry, 62, Oak Road, Bedford was last sold on 15 Dec 2022 for £178,500 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Dec 2022, the market for similar properties has dropped 2.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Oak Road, Bedford within a radius of 590 metres over the last 2 years.
The most recent example is 36, Cedar Road, Bedford, MK42 0HR, a Freehold house which sold for £220,000 in May 2023.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Oak Road, Bedford, MK42 has a total of 68 addresses. According to our analysis of all the public data, 62, Oak Road, Bedford is the 38th largest and the 44th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in MK42.
62, Oak Road, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Oct 2020.
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 62, Oak Road, Bedford is Bedford St Johns station which is 1.2 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 62, Oak Road, Bedford, 32.6% of property is privately owned with a mortgage and 26.7% is privately rented.
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 62, Oak Road, Bedford, 20.3% of residents are recorded as possessing school level qualifications and 29.6% 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 62, Oak Road, 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 62, Oak Road, 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 62, Oak Road, Bedford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.