According to the public record, 8, The Ridgeway, Bedford is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 936 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
The Ridgeway, Bedford, MK41 is located within the MK41 postal district.
8, The Ridgeway, Bedford has 31 entries in the Land Registry database, most recently in November 2006 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 The Ridgeway Bedford as £326,821 and the rental value as £1,354 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 8 The Ridgeway Bedford has decreased by £974 (0.3%) and its rental value has increased by £59 per month (4.4%).
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, The Ridgeway, Bedford is in very good condition we estimate a sale value of £343,162 and rental value of £1,422 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £303,943 and a rental value of £1,260 per month.
If you were able to purchase this property for the estimated value of £326,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,606 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, The Ridgeway, Bedford was last sold on 15 Nov 2006 for £212,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, The Ridgeway, Bedford within a radius of 560 metres over the last 2 years.
The most recent example is 35, The Ridgeway, Bedford, MK41 8ES, a Freehold house which sold for £322,000 in Feb 2024.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Ridgeway, Bedford, MK41 has a total of 49 addresses. According to our analysis of all the public data, 8, The Ridgeway, Bedford is the 25th largest and the 25th most expensive property on the street.
When compared to the postcode district it is £11k less expensive than the average property in MK41.
The closest station to 8, The Ridgeway, 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, The Ridgeway, Bedford, 52.0% of property is privately owned outright and 41.7% 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, The Ridgeway, Bedford, 18.0% of residents are recorded as possessing school level qualifications and 31.0% 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, The Ridgeway, 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, The Ridgeway, 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, The Ridgeway, 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.