According to the public record, 7, Preston Road, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,165 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Preston Road, Bedford, MK40 is located within the MK40 postal district.
7, Preston Road, Bedford has 21 entries in the Land Registry database, most recently in June 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 7 Preston Road Bedford as £275,898 and the rental value as £1,283 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of 7 Preston Road Bedford has increased by £484 (0.2%) and its rental value has increased by £61 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 7, Preston Road, Bedford is in very good condition we estimate a sale value of £289,693 and rental value of £1,348 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £256,585 and a rental value of £1,194 per month.
If you were able to purchase this property for the estimated value of £275,898, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,356 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, 7, Preston Road, Bedford was last sold on 13 Jun 2008 for £150,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jun 2008, the market for similar properties has risen 61.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Preston Road, Bedford within a radius of 430 metres over the last 2 years.
The most recent example is 36, Dunville Road, Bedford, MK40 4DZ, a Freehold house which sold for £256,000 in Feb 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Road, Bedford, MK40 has a total of 43 addresses. According to our analysis of all the public data, 7, Preston Road, Bedford is the 14th largest and the 13th most expensive property on the street.
When compared to the postcode district it is £44k less expensive than the average property in MK40.
The closest station to 7, Preston Road, Bedford is Bedford station which is 400 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 7, Preston Road, Bedford, 34.2% of property is privately rented and 33.6% is privately owned outright.
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, Preston Road, Bedford, 29.7% of residents are recorded as possessing school level qualifications and 24.2% 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, Preston Road, Bedford, the average age was 32.8 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 7, Preston 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 7, Preston Road, Bedford, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.