According to the public record, Flat 3, 157, Castle Road, Bedford is a period leasehold apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 157, Castle Road, Bedford, MK40.
Castle Road, Bedford, MK40 is located within the MK40 postal district.
Flat 3, 157, Castle Road, Bedford has 41 entries in the Land Registry database, most recently in July 2007 and a single entry in the EPC database dated January 2022.
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 3 157 Castle Road Bedford as £141,907 and the rental value as £720 per month giving an expected gross yield of 6.1%.
Over the last 12 months the sale value of Flat 3 157 Castle Road Bedford has increased by £867 (0.6%) and its rental value has increased by £38 per month (5.3%).
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 3, 157, Castle Road, Bedford is in very good condition we estimate a sale value of £149,002 and rental value of £756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £131,973 and a rental value of £669 per month.
If you were able to purchase this property for the estimated value of £141,907, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £697 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 3, 157, Castle Road, Bedford was last sold on 20 Jul 2007 for £104,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since Jul 2007, the market for similar properties has risen 31.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 157, Castle Road, Bedford within a radius of 450 metres over the last 2 years.
The most recent example is 47, Appledore Road, Bedford, MK40 3UZ, a Leasehold flat which sold for £176,000 in Feb 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Castle Road, Bedford, MK40 has a total of 279 addresses. According to our analysis of all the public data, Flat 3, 157, Castle Road, Bedford is the 277th largest and the 278th most expensive property on the street.
When compared to the postcode district it is £178k less expensive than the average property in MK40.
Flat 3, 157, Castle Road, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 26 Jan 2022.
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 3, 157, Castle Road, Bedford is Bedford St Johns station which is 1.4 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 3, 157, Castle Road, Bedford, 41.3% of property is privately rented and 29.8% 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 3, 157, Castle Road, Bedford, 20.6% of residents are recorded as possessing school level qualifications and 46.0% 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 3, 157, Castle 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 3, 157, Castle Road, Bedford, 0.0% 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 3, 157, Castle Road, Bedford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.