According to the public record, 85, Palgrave Road, Bedford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 926 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Palgrave Road, Bedford, MK42 is located within the MK42 postal district.
85, Palgrave Road, Bedford has 21 entries in the Land Registry database, most recently in September 2007 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 85 Palgrave Road Bedford as £193,051 and the rental value as £994 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 85 Palgrave Road Bedford has decreased by £586 (0.3%) and its rental value has increased by £42 per month (4.3%).
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 85, Palgrave Road, Bedford is in very good condition we estimate a sale value of £202,703 and rental value of £1,044 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,537 and a rental value of £925 per month.
If you were able to purchase this property for the estimated value of £193,051, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £949 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, 85, Palgrave Road, Bedford was last sold on 07 Sep 2007 for £185,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Sep 2007, the market for similar properties has risen 23.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 85, Palgrave Road, Bedford within a radius of 480 metres over the last 2 years.
The most recent example is Flat 77, Britannia House, Palgrave Road, Bedford, MK42 9BX, a Leasehold flat which sold for £220,000 in Mar 2023.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Palgrave Road, Bedford, MK42 has a total of 342 addresses. According to our analysis of all the public data, 85, Palgrave Road, Bedford is the 40th largest and the 82nd most expensive property on the street.
When compared to the postcode district it is £87k less expensive than the average property in MK42.
The closest station to 85, Palgrave Road, Bedford is Bedford St Johns station which is 300 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 85, Palgrave Road, Bedford, 62.6% of property is privately rented and 16.3% 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 85, Palgrave Road, Bedford, 15.2% of residents are recorded as possessing school level qualifications and 54.1% 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 85, Palgrave Road, Bedford, the average age was 34.8 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 85, Palgrave Road, Bedford, 1.0% 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 85, Palgrave Road, Bedford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.