According to the public record, 8, Church Lane, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 562 ft2 of internal area and a garden.
Houses of this size in this area normally have 2 bedrooms.
Church Lane, Bedford, MK41 is located within the MK41 postal district.
8, Church Lane, Bedford has a single entry in the Land Registry database from November 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 8 Church Lane Bedford as £176,771 and the rental value as £880 per month giving an expected gross yield of 6%.
Over the last 12 months the sale value of 8 Church Lane Bedford has increased by £1,902 (1.1%) and its rental value has increased by £51 per month (5.8%).
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 8, Church Lane, Bedford is in very good condition we estimate a sale value of £185,609 and rental value of £924 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £164,397 and a rental value of £818 per month.
If you were able to purchase this property for the estimated value of £176,771, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £869 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, 8, Church Lane, Bedford was last sold on 03 Nov 2008 for £130,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Nov 2008, the market for similar properties has risen 97.8%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 560 metres radius of 8, Church Lane, Bedford over the last 2 years.
The most recent example is 10, Church Lane, Bedford, MK41 0AN, a Freehold house which sold for £224,000 in Nov 2023.
Read more about house prices in MK41.
Church Lane, Bedford, MK41 has a total of 275 addresses. According to our analysis of all the public data, 8, Church Lane, Bedford is the 176th largest and the 142nd most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in MK41.
The closest station to 8, Church Lane, Bedford is Bedford St Johns station which is 3.2 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 8, Church Lane, Bedford, 76.4% of property is socially rented and 15.1% 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 8, Church Lane, Bedford, 11.8% of residents are recorded as possessing school level qualifications and 18.1% 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 8, Church Lane, Bedford, the average age was 39.3 and the most common age was 12.
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 8, Church Lane, 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 8, Church Lane, Bedford, there are an average of 0.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.