According to the public record, 8, Russet Close, Bedford is a modern freehold house with 1,345 ft2 of internal area and sits on a 167 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Russet Close, Bedford, MK41 is located within the MK41 postal district.
8, Russet Close, Bedford has a single entry in the Land Registry database from March 2008 and a single entry in the EPC database dated April 2014.
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 Russet Close Bedford as £397,471 and the rental value as £1,522 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 8 Russet Close Bedford has decreased by £4,354 (1.1%) and its rental value has increased by £54 per month (3.5%).
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, Russet Close, Bedford is in very good condition we estimate a sale value of £417,345 and rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £369,648 and a rental value of £1,416 per month.
If you were able to purchase this property for the estimated value of £397,471, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,953 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, Russet Close, Bedford sits on a plot of 167m2.
We have plot size data on 17 out of 36 other houses in the postcode and 8, Russet Close, Bedford sits on the 14th largest plot.
According to HM Land Registry, 8, Russet Close, Bedford was last sold on 31 Mar 2008 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2008, the market for similar properties has risen 70.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Russet Close, Bedford within a radius of 1.0 kilometres over the last 2 years.
The most recent example is 15, Tydeman Close, Bedford, MK41 7GF, a Freehold house which sold for £355,000 in Apr 2023.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Russet Close, Bedford, MK41 has a total of 36 addresses. According to our analysis of all the public data, 8, Russet Close, Bedford is the 6th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £60k more expensive than the average property in MK41.
8, Russet Close, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 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, Russet Close, Bedford is Bedford station which is 3.7 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, Russet Close, Bedford, 43.7% of property is privately owned with a mortgage and 23.8% 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, Russet Close, Bedford, 26.4% of residents are recorded as possessing school level qualifications and 35.0% 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, Russet Close, Bedford, the average age was 42.4 and the most common age was 52.
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, Russet Close, Bedford, 1.2% 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, Russet 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.