According to the public record, 8, Martin Close, Bedford is a mid-century house with 904 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Martin Close, Bedford, MK41 is located within the MK41 postal district.
8, Martin Close, Bedford has no records in the Land Registry database and a single entry in the EPC database dated January 2014.
We combine this information with public data 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 Martin Close Bedford as £318,533 and the rental value as £1,353 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 8 Martin Close Bedford has decreased by £1,565 (0.5%) and its rental value has increased by £56 per month (4.2%).
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, Martin Close, Bedford is in very good condition we estimate a sale value of £334,460 and rental value of £1,420 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £296,236 and a rental value of £1,258 per month.
If you were able to purchase this property for the estimated value of £318,533, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,565 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Martin Close, Bedford within a radius of 700 metres over the last 2 years.
The most recent example is 2, Fulmar Road, Bedford, MK41 7JX, a Freehold house which sold for £405,000 in Jun 2024.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Martin Close, Bedford, MK41 has a total of 22 addresses. According to our analysis of all the public data, 8, Martin Close, Bedford is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in MK41.
8, Martin Close, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jan 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, Martin Close, Bedford is Bedford station which is 2.3 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, Martin Close, Bedford, 55.2% of property is privately owned outright and 38.8% is privately owned with a mortgage.
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, Martin Close, Bedford, 15.1% of residents are recorded as possessing school level qualifications and 36.4% 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, Martin Close, Bedford, the average age was 44.7 and the most common age was 57.
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, Martin Close, 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, Martin Close, 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.