According to the public record, 64, Spenser Road, Bedford is a period house with 1,367 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Spenser Road, Bedford, MK40 is located within the MK40 postal district.
64, Spenser Road, Bedford has no records in the Land Registry database and a single entry in the EPC database dated January 2024.
We combine this information with public data 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 64 Spenser Road Bedford as £385,660 and the rental value as £1,563 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of 64 Spenser Road Bedford has decreased by £1,021 (0.3%) and its rental value has increased by £67 per month (4.3%).
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 64, Spenser Road, Bedford is in very good condition we estimate a sale value of £404,943 and rental value of £1,641 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,663 and a rental value of £1,453 per month.
If you were able to purchase this property for the estimated value of £385,660, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,895 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 64, Spenser Road, Bedford within a radius of 470 metres over the last 2 years.
The most recent example is 25, Spenser Road, Bedford, MK40 2AZ, a Freehold house which sold for £380,000 in May 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spenser Road, Bedford, MK40 has a total of 143 addresses. According to our analysis of all the public data, 64, Spenser Road, Bedford is the 24th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £66k more expensive than the average property in MK40.
64, Spenser Road, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 15 Jan 2024.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to 64, Spenser Road, Bedford is Bedford station which is 700 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 64, Spenser Road, Bedford, 39.8% of property is privately owned outright and 30.1% 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 64, Spenser Road, Bedford, 20.5% of residents are recorded as possessing school level qualifications and 47.9% 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 64, Spenser Road, Bedford, the average age was 40.9 and the most common age was 27.
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 64, Spenser 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 64, Spenser Road, Bedford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.