According to the public record, 7, Laxton Way, Bedford is a modern freehold house with 1,897 ft2 of internal area and sits on a 295 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Laxton Way, Bedford, MK41 is located within the MK41 postal district.
7, Laxton Way, Bedford has a single entry in the Land Registry database from November 2009 and a single entry in the EPC database dated November 2009.
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 7 Laxton Way Bedford as £524,566 and the rental value as £1,857 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 7 Laxton Way Bedford has decreased by £11,038 (2.1%) and its rental value has increased by £46 per month (2.5%).
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 7, Laxton Way, Bedford is in very good condition we estimate a sale value of £550,794 and rental value of £1,950 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £487,847 and a rental value of £1,727 per month.
If you were able to purchase this property for the estimated value of £524,566, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,578 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, 7, Laxton Way, Bedford sits on a plot of 295m2.
We have plot size data on 32 out of 33 other houses in the postcode and 7, Laxton Way, Bedford sits on the 10th largest plot.
According to HM Land Registry, 7, Laxton Way, Bedford was last sold on 12 Nov 2009 for £274,950 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2009, the market for similar properties has risen 71.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Laxton Way, Bedford within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 128, Ashmead Road, Bedford, MK41 7FD, a Freehold house which sold for £510,000 in Jun 2022.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Laxton Way, Bedford, MK41 has a total of 35 addresses. According to our analysis of all the public data, 7, Laxton Way, Bedford is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £187k more expensive than the average property in MK41.
7, Laxton Way, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 Nov 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 7, Laxton Way, Bedford is Bedford station which is 3.9 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 7, Laxton Way, Bedford, 43.7% of property is privately owned with a mortgage and 23.8% is socially 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 7, Laxton Way, Bedford, 26.4% of residents are recorded as possessing school level qualifications and 35.0% 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 7, Laxton Way, Bedford, the average age was 42.4 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 7, Laxton Way, Bedford, 1.2% 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 7, Laxton Way, 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.