According to the public record, Flat 23, Pilgrims House, Bedford is a modern leasehold apartment with 538 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Pilgrims House, Horne Lane, Bedford, MK40.
Horne Lane, Bedford, MK40 is located within the MK40 postal district.
Flat 23, Pilgrims House, Bedford has a single entry in the Land Registry database from November 2019 and a single entry in the EPC database dated July 2016.
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 23 Pilgrims House Bedford as £90,042 and the rental value as £532 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 23 Pilgrims House Bedford has increased by £119 (0.1%) and its rental value has increased by £25 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 23, Pilgrims House, Bedford is in very good condition we estimate a sale value of £94,544 and rental value of £559 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £83,739 and a rental value of £495 per month.
If you were able to purchase this property for the estimated value of £90,042, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £443 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 23, Pilgrims House, Bedford was last sold on 15 Nov 2019 for £96,000 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 5.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 23, Pilgrims House, Bedford within a radius of 410 metres over the last 2 years.
The most recent example is 48, Beckett Court, Bedford, MK40 1JR, a Leasehold flat which sold for £84,000 in Dec 2021.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Horne Lane, Bedford, MK40 has a total of 24 addresses. According to our analysis of all the public data, Flat 23, Pilgrims House, Bedford is the 16th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £230k less expensive than the average property in MK40.
Flat 23, Pilgrims House, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Jul 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 23, Pilgrims House, Bedford is Bedford St Johns station which is 600 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 23, Pilgrims House, 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 Flat 23, Pilgrims House, 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 Flat 23, Pilgrims House, 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 23, Pilgrims House, 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 Flat 23, Pilgrims House, 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.