According to the public record, Apartment C, 41-43, Mill Street, Bedford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 687 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 41-43, Mill Street, Bedford, MK40.
Mill Street, Bedford, MK40 is located within the MK40 postal district.
Apartment C, 41-43, Mill Street, Bedford has a single entry in the Land Registry database from November 2019 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 Apartment C 41-43 Mill Street Bedford as £183,882 and the rental value as £885 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Apartment C 41-43 Mill Street Bedford has decreased by £288 (0.2%) and its rental value has increased by £39 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 Apartment C, 41-43, Mill Street, Bedford is in very good condition we estimate a sale value of £193,076 and rental value of £929 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,010 and a rental value of £823 per month.
If you were able to purchase this property for the estimated value of £183,882, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £904 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, Apartment C, 41-43, Mill Street, Bedford was last sold on 01 Nov 2019 for £210,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2019, the market for similar properties has risen 5.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Apartment C, 41-43, Mill Street, Bedford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 87, Castle Quay, Castle Lane, Bedford, MK40 3FG, a Leasehold flat which sold for £193,000 in Mar 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Mill Street, Bedford, MK40 has a total of 107 addresses. According to our analysis of all the public data, Apartment C, 41-43, Mill Street, Bedford is the 39th largest and the 41st most expensive property on the street.
When compared to the postcode district it is £136k less expensive than the average property in MK40.
The closest station to Apartment C, 41-43, Mill Street, Bedford is Bedford St Johns station which is 800 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 Apartment C, 41-43, Mill Street, Bedford, 35.4% of property is privately owned outright and 30.8% is privately 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 Apartment C, 41-43, Mill Street, Bedford, 41.9% of residents are recorded as possessing school level qualifications and 31.5% 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 Apartment C, 41-43, Mill Street, Bedford, the average age was 38.6 and the most common age was 27.
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 Apartment C, 41-43, Mill Street, Bedford, 0.8% 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 Apartment C, 41-43, Mill Street, Bedford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.