According to the public record, Flat 3, 55, The Grove, Bedford is a period apartment with 387 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 55, The Grove, Bedford, MK40.
The Grove, Bedford, MK40 is located within the MK40 postal district.
Flat 3, 55, The Grove, Bedford has no records in the Land Registry database and a single entry in the EPC database dated May 2023.
We combine this information with public data 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 55 The Grove Bedford as £195,380 and the rental value as £824 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of Flat 3 55 The Grove Bedford has increased by £1,637 (0.8%) and its rental value has increased by £45 per month (5.5%).
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, 55, The Grove, Bedford is in very good condition we estimate a sale value of £205,149 and rental value of £865 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £181,704 and a rental value of £766 per month.
If you were able to purchase this property for the estimated value of £195,380, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £960 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 55, The Grove, Bedford within a radius of 450 metres over the last 2 years.
The most recent example is Flat 2, 55, The Grove, Bedford, MK40 3JN, a Leasehold flat which sold for £140,000 in Jun 2021.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Grove, Bedford, MK40 has a total of 76 addresses. According to our analysis of all the public data, Flat 3, 55, The Grove, Bedford is the 75th largest and the 71st most expensive property on the street.
When compared to the postcode district it is £124k less expensive than the average property in MK40.
Flat 3, 55, The Grove, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 02 May 2023.
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, 55, The Grove, 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, 55, The Grove, Bedford, 34.0% of property is privately rented and 27.9% is privately owned outright.
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, 55, The Grove, Bedford, 11.6% of residents are recorded as possessing school level qualifications and 53.6% 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, 55, The Grove, 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, 55, The Grove, Bedford, 2.8% 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 3, 55, The Grove, Bedford, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.