According to the public record, Flat 1, 54, Waterloo Road, Bedford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a period apartment with 417 ft2 of internal area and a garden.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 54, Waterloo Road, Bedford, MK40.
Waterloo Road, Bedford, MK40 is located within the MK40 postal district.
Flat 1, 54, Waterloo Road, Bedford has a single entry in the Land Registry database from November 2017 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 Flat 1 54 Waterloo Road Bedford as £173,269 and the rental value as £755 per month giving an expected gross yield of 5.2%.
Over the last 12 months the sale value of Flat 1 54 Waterloo Road Bedford has increased by £185 (0.1%) and its rental value has increased by £35 per month (4.7%).
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, 54, Waterloo Road, Bedford is in very good condition we estimate a sale value of £181,933 and rental value of £792 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £161,140 and a rental value of £702 per month.
If you were able to purchase this property for the estimated value of £173,269, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £852 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, 54, Waterloo Road, Bedford was last sold on 22 Nov 2017 for £136,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Nov 2017, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 54, Waterloo Road, Bedford within a radius of 500 metres over the last 2 years.
The most recent example is 6, Appledore Road, Bedford, MK40 3UZ, a Leasehold flat which sold for £150,000 in Apr 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Waterloo Road, Bedford, MK40 has a total of 99 addresses. According to our analysis of all the public data, Flat 1, 54, Waterloo Road, Bedford is the 90th largest and the 98th most expensive property on the street.
When compared to the postcode district it is £146k less expensive than the average property in MK40.
The closest station to Flat 1, 54, Waterloo Road, Bedford is Bedford St Johns station which is 1.0 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 Flat 1, 54, Waterloo Road, Bedford, 52.5% of property is privately rented and 19.7% 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 Flat 1, 54, Waterloo Road, Bedford, 14.2% of residents are recorded as possessing school level qualifications and 46.8% 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, 54, Waterloo 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, 54, Waterloo Road, Bedford, 1.5% 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, 54, Waterloo Road, Bedford, there are an average of 1.1 cars per household.
See below for how this compares to East of England and the rest of England & Wales.