According to the public record, Flat 1, Castle Quay, Bedford is a modern leasehold apartment with 710 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Castle Quay, Castle Lane, Bedford, MK40.
Castle Lane, Bedford, MK40 is located within the MK40 postal district.
Flat 1, Castle Quay, Bedford has 2 entries in the Land Registry database, most recently in February 2015 and a single entry in the EPC database dated March 2019.
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 Castle Quay Bedford as £195,971 and the rental value as £915 per month giving an expected gross yield of 5.6%.
Over the last 12 months the sale value of Flat 1 Castle Quay Bedford has decreased by £2,164 (1.1%) and its rental value has increased by £31 per month (3.4%).
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 Flat 1, Castle Quay, Bedford is in very good condition we estimate a sale value of £205,770 and rental value of £960 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,253 and a rental value of £851 per month.
If you were able to purchase this property for the estimated value of £195,971, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £963 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, Castle Quay, Bedford was last sold on 20 Feb 2015 for £152,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Feb 2015, the market for similar properties has risen 24.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, Castle Quay, Bedford within a radius of 440 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.
Castle Lane, Bedford, MK40 has a total of 149 addresses. According to our analysis of all the public data, Flat 1, Castle Quay, Bedford is the 56th largest and the 58th 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, Castle Quay, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Mar 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to Flat 1, Castle Quay, Bedford is Bedford St Johns station which is 700 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, Castle Quay, Bedford, 33.9% of property is privately rented and 22.9% 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, Castle Quay, Bedford, 12.2% of residents are recorded as possessing school level qualifications and 51.4% 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, Castle Quay, 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, Castle Quay, 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, Castle Quay, 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.