According to the public record, 8, Kempster Close, Bedford is a modern leasehold apartment with 548 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Kempster Close, Bedford, MK40 is located within the MK40 postal district.
8, Kempster Close, Bedford has 2 entries in the Land Registry database, most recently in April 2009 and a single entry in the EPC database dated January 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 8 Kempster Close Bedford as £147,893 and the rental value as £825 per month giving an expected gross yield of 6.7%.
Over the last 12 months the sale value of 8 Kempster Close Bedford has increased by £1,016 (0.7%) and its rental value has increased by £44 per month (5.3%).
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 8, Kempster Close, Bedford is in very good condition we estimate a sale value of £155,287 and rental value of £866 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £137,540 and a rental value of £767 per month.
If you were able to purchase this property for the estimated value of £147,893, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £727 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, Kempster Close, Bedford was last sold on 17 Apr 2009 for £102,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Apr 2009, the market for similar properties has risen 50.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Kempster Close, Bedford within a radius of 420 metres over the last 2 years.
The most recent example is 143, Henley Road, Bedford, MK40 4FZ, a Leasehold flat which sold for £145,000 in Oct 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Kempster Close, Bedford, MK40 has a total of 35 addresses. According to our analysis of all the public data, 8, Kempster Close, Bedford is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £172k less expensive than the average property in MK40.
8, Kempster Close, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Jan 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to 8, Kempster Close, Bedford is Bedford station which is 200 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 8, Kempster Close, Bedford, 60.2% of property is privately rented and 24.2% 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 8, Kempster Close, Bedford, 26.5% of residents are recorded as possessing school level qualifications and 33.3% 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, Kempster Close, 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 8, Kempster Close, Bedford, 0.3% 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, Kempster Close, 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.