According to the public record, 62, Park Lane, Bedford is a modern freehold house with 1,369 ft2 of internal area and sits on a 505 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Park Lane, Blunham, Bedford, MK44 is located within the MK44 postal district.
62, Park Lane, Bedford has 2 entries in the Land Registry database, most recently in November 2017 and a single entry in the EPC database dated October 2008.
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 Park Lane Bedford as £502,423 and the rental value as £1,792 per month giving an expected gross yield of 4.3%.
Over the last 12 months the sale value of 62 Park Lane Bedford has increased by £3,088 (0.6%) and its rental value has increased by £117 per month (6.5%).
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 62, Park Lane, Bedford is in very good condition we estimate a sale value of £527,544 and rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,253 and a rental value of £1,667 per month.
If you were able to purchase this property for the estimated value of £502,423, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,469 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, Park Lane, Bedford sits on a plot of 505m2.
We have plot size data on 15 out of 24 other houses in the postcode and 62, Park Lane, Bedford sits on the 7th largest plot.
According to HM Land Registry, 62, Park Lane, Bedford was last sold on 08 Nov 2017 for £493,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Nov 2017, the market for similar properties has risen 15.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 62, Park Lane, Bedford within a radius of 2.0 kilometres over the last 2 years.
The most recent example is 44, Armistice Croft, Bedford, MK44 3FD, a Freehold house which sold for £455,000 in Mar 2024.
Read more about house prices in MK44.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Park Lane, Blunham, Bedford, MK44 has a total of 48 addresses. According to our analysis of all the public data, 62, Park Lane, Bedford is the 23rd largest and the 25th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in MK44.
62, Park Lane, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 23 Oct 2008.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to 62, Park Lane, Bedford is Sandy station which is 3.4 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, Park Lane, Bedford, 39.2% of property is socially rented and 27.8% 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 62, Park Lane, Bedford, 17.2% of residents are recorded as possessing school level qualifications and 26.7% 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, Park Lane, Bedford, the average age was 45.2 and the most common age was 57.
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, Park Lane, 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 62, Park Lane, 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.