According to the public record, 8, Lancaster Road, Bedford is a mid-century leasehold house with 992 ft2 of internal area and sits on a 376 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Lancaster Road, Shortstown, Bedford, MK42 is located within the MK42 postal district.
8, Lancaster Road, Bedford has 21 entries in the Land Registry database, most recently in March 2010 and a single entry in the EPC database dated August 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 Lancaster Road Bedford as £224,317 and the rental value as £1,060 per month giving an expected gross yield of 5.7%.
Over the last 12 months the sale value of 8 Lancaster Road Bedford has increased by £64 (0.0%) and its rental value has increased by £49 per month (4.6%).
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, Lancaster Road, Bedford is in very good condition we estimate a sale value of £235,533 and rental value of £1,114 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £208,615 and a rental value of £986 per month.
If you were able to purchase this property for the estimated value of £224,317, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,102 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, 8, Lancaster Road, Bedford sits on a plot of 376m2.
We have plot size data on 10 out of 21 other houses in the postcode and 8, Lancaster Road, Bedford sits on the 6th largest plot.
According to HM Land Registry, 8, Lancaster Road, Bedford was last sold on 19 Mar 2010 for £63,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since Mar 2010, the market for similar properties has risen 76.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Lancaster Road, Bedford within a radius of 830 metres over the last 2 years.
The most recent example is 10, North Drive, Bedford, MK42 0TL, a Freehold house which sold for £165,000 in Mar 2023.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lancaster Road, Shortstown, Bedford, MK42 has a total of 51 addresses. According to our analysis of all the public data, 8, Lancaster Road, Bedford is the 8th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in MK42.
8, Lancaster Road, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Aug 2009.
The property is connected to mains gas and has partial double glazing. It is heated using a boiler and radiators.
The closest station to 8, Lancaster Road, Bedford is Bedford St Johns station which is 2.9 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 8, Lancaster Road, Bedford, 39.6% of property is privately owned with a mortgage and 30.8% 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 8, Lancaster Road, Bedford, 21.4% of residents are recorded as possessing school level qualifications and 33.6% 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, Lancaster Road, Bedford, the average age was 37.4 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, Lancaster Road, Bedford, 0.7% 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, Lancaster Road, Bedford, there are an average of 1.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.