According to the public record, Flat 1, 122, Bromham Road, Bedford is a period Leasehold apartment with 491 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
The apartment is in 122, Bromham Road, Bedford, MK40.
Bromham Road, Bedford, MK40 is located within the MK40 postal district.
Flat 1, 122, Bromham Road, Bedford has a single entry in the Land Registry database from October 2014 and a single entry in the EPC database dated May 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 Flat 1 122 Bromham Road Bedford as £195,391 and the rental value as £799 per month giving an expected gross yield of 4.9%.
Over the last 12 months the sale value of Flat 1 122 Bromham Road Bedford has increased by £3,067 (1.6%) and its rental value has increased by £50 per month (6.2%).
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 Flat 1, 122, Bromham Road, Bedford is in very good condition we estimate a sale value of £205,161 and rental value of £839 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,714 and a rental value of £743 per month.
If you were able to purchase this property for the estimated value of £195,391, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £960 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, Flat 1, 122, Bromham Road, Bedford was last sold on 24 Oct 2014 for £690,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2014, the market for similar properties has risen 35.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 122, Bromham Road, Bedford within a radius of 350 metres over the last 2 years.
The most recent example is Flat 9, Pembroke Court 30, Warwick Avenue, Bedford, MK40 2FQ, a Leasehold flat which sold for £178,000 in Nov 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bromham Road, Bedford, MK40 has a total of 325 addresses. According to our analysis of all the public data, Flat 1, 122, Bromham Road, Bedford is the 235th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in MK40.
Flat 1, 122, Bromham Road, Bedford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 02 May 2014.
The property is not connected to mains gas and has full secondary glazing. It is heated using electric storage heaters.
The closest station to Flat 1, 122, Bromham Road, Bedford is Bedford 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 Flat 1, 122, Bromham Road, Bedford, 42.6% of property is socially rented and 41.3% 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 Flat 1, 122, Bromham Road, Bedford, 14.5% of residents are recorded as possessing school level qualifications and 35.2% 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 Flat 1, 122, Bromham Road, 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 Flat 1, 122, Bromham 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 Flat 1, 122, Bromham Road, Bedford, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.