According to the public record, Flat 1, 34, The Broadway, Bedford is a modern leasehold apartment with 602 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in 34, The Broadway, Bedford, MK40.
The Broadway, Bedford, MK40 is located within the MK40 postal district.
Flat 1, 34, The Broadway, Bedford has a single entry in the Land Registry database from February 2022 and a single entry in the EPC database dated February 2021.
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 34 The Broadway Bedford as £111,312 and the rental value as £645 per month giving an expected gross yield of 7%.
Over the last 12 months the sale value of Flat 1 34 The Broadway Bedford has increased by £1,570 (1.4%) and its rental value has increased by £39 per month (6.0%).
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, 34, The Broadway, Bedford is in very good condition we estimate a sale value of £116,878 and rental value of £677 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £103,520 and a rental value of £600 per month.
If you were able to purchase this property for the estimated value of £111,312, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £547 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, 34, The Broadway, Bedford was last sold on 18 Feb 2022 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Feb 2022, the market for similar properties has risen 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 34, The Broadway, Bedford within a radius of 390 metres over the last 2 years.
The most recent example is Flat 7, 31, Tavistock Street, Bedford, MK40 2RB, a Leasehold flat which sold for £105,000 in Jul 2017.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Broadway, Bedford, MK40 has a total of 20 addresses. According to our analysis of all the public data, Flat 1, 34, The Broadway, Bedford is the 10th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £208k less expensive than the average property in MK40.
Flat 1, 34, The Broadway, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 06 Feb 2021.
The property is connected to mains gas and has full secondary glazing. It is heated using a boiler and radiators.
The closest station to Flat 1, 34, The Broadway, Bedford is Bedford station which is 900 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, 34, The Broadway, Bedford, 44.9% of property is privately rented and 24.6% 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 Flat 1, 34, The Broadway, Bedford, 15.0% of residents are recorded as possessing school level qualifications and 35.9% 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, 34, The Broadway, Bedford, the average age was 40.9 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, 34, The Broadway, Bedford, 0.4% 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, 34, The Broadway, 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.