According to the public record, Flat 3, 54, Bushmead Avenue, Bedford is a period leasehold apartment with 516 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
The apartment is in 54, Bushmead Avenue, Bedford, MK40.
Bushmead Avenue, Bedford, MK40 is located within the MK40 postal district.
Flat 3, 54, Bushmead Avenue, Bedford has 51 entries in the Land Registry database, most recently in January 2023 and a single entry in the EPC database dated September 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 54 Bushmead Avenue Bedford as £166,630 and the rental value as £899 per month giving an expected gross yield of 6.5%.
Over the last 12 months the sale value of Flat 3 54 Bushmead Avenue Bedford has decreased by £125 (0.1%) and its rental value has increased by £41 per month (4.5%).
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, 54, Bushmead Avenue, Bedford is in very good condition we estimate a sale value of £174,962 and rental value of £944 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £154,966 and a rental value of £836 per month.
If you were able to purchase this property for the estimated value of £166,630, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £819 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, 54, Bushmead Avenue, Bedford was last sold on 27 Jan 2023 for £160,500 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Jan 2023, the market for similar properties has dropped 0.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 54, Bushmead Avenue, Bedford within a radius of 470 metres over the last 2 years.
The most recent example is 49B, Howbury Street, Bedford, MK40 3QU, a Leasehold flat which sold for £185,000 in Oct 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bushmead Avenue, Bedford, MK40 has a total of 186 addresses. According to our analysis of all the public data, Flat 3, 54, Bushmead Avenue, Bedford is the 119th largest and the 170th most expensive property on the street.
When compared to the postcode district it is £153k less expensive than the average property in MK40.
Flat 3, 54, Bushmead Avenue, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Sep 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, 54, Bushmead Avenue, Bedford is Bedford St Johns station which is 1.1 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, 54, Bushmead Avenue, Bedford, 39.3% of property is privately owned outright and 31.3% 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, 54, Bushmead Avenue, Bedford, 13.0% of residents are recorded as possessing school level qualifications and 57.7% 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, 54, Bushmead Avenue, 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, 54, Bushmead Avenue, Bedford, 4.4% 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 3, 54, Bushmead Avenue, 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.