According to the public record, Flat 3, 87, Victoria Road, Bedford is a period leasehold apartment with 430 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 87, Victoria Road, Bedford, MK42.
Victoria Road, Bedford, MK42 is located within the MK42 postal district.
Flat 3, 87, Victoria Road, Bedford has 51 entries in the Land Registry database, most recently in November 2018 and a single entry in the EPC database dated May 2024.
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 87 Victoria Road Bedford as £118,410 and the rental value as £702 per month giving an expected gross yield of 7.1%.
Over the last 12 months the sale value of Flat 3 87 Victoria Road Bedford has increased by £1,968 (1.7%) and its rental value has increased by £44 per month (6.3%).
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, 87, Victoria Road, Bedford is in very good condition we estimate a sale value of £124,331 and rental value of £737 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,121 and a rental value of £653 per month.
If you were able to purchase this property for the estimated value of £118,410, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £582 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, 87, Victoria Road, Bedford was last sold on 30 Nov 2018 for £110,000 and was recorded as a leasehold flat.
The property has had 5 sales since 1995.
Since Nov 2018, the market for similar properties has risen 9.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, 87, Victoria Road, Bedford within a radius of 490 metres over the last 2 years.
The most recent example is Flat 2, 89, Victoria Road, Bedford, MK42 9JR, a Leasehold flat which sold for £118,000 in Jan 2024.
Read more about house prices in MK42.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Victoria Road, Bedford, MK42 has a total of 140 addresses. According to our analysis of all the public data, Flat 3, 87, Victoria Road, Bedford is the 112th largest and the 112th most expensive property on the street.
When compared to the postcode district it is £162k less expensive than the average property in MK42.
Flat 3, 87, Victoria Road, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 02 May 2024.
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, 87, Victoria Road, Bedford is Bedford St Johns station which is 500 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 3, 87, Victoria Road, Bedford, 55.3% of property is privately rented and 20.0% 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, 87, Victoria Road, Bedford, 21.5% of residents are recorded as possessing school level qualifications and 24.8% 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, 87, Victoria Road, Bedford, the average age was 34.8 and the most common age was 32.
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, 87, Victoria Road, Bedford, 1.0% 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, 87, Victoria Road, Bedford, there are an average of 0.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.