According to the public record, Flat 31, Old Portman House 2B, Bedford is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 675 ft2 of internal area and a balcony.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Old Portman House, Bushmead Avenue, Bedford, MK40.
Bushmead Avenue, Bedford, MK40 is located within the MK40 postal district.
Flat 31, Old Portman House 2B, Bedford has a single entry in the Land Registry database from March 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Flat 31 Old Portman House 2B Bedford as £196,316 and the rental value as £943 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of Flat 31 Old Portman House 2B Bedford has decreased by £2,348 (1.2%) and its rental value has increased by £32 per month (3.4%).
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 31, Old Portman House 2B, Bedford is in very good condition we estimate a sale value of £206,132 and rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £182,574 and a rental value of £877 per month.
If you were able to purchase this property for the estimated value of £196,316, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £965 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 31, Old Portman House 2B, Bedford was last sold on 02 Mar 2016 for £195,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Mar 2016, the market for similar properties has risen 15.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 31, Old Portman House 2B, Bedford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 19, Old Portman House 2B, Bushmead Avenue, Bedford, MK40 3QL, a Leasehold flat which sold for £215,000 in Aug 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 31, Old Portman House 2B, Bedford is the 96th largest and the 103rd most expensive property on the street.
When compared to the postcode district it is £123k less expensive than the average property in MK40.
The closest station to Flat 31, Old Portman House 2B, Bedford is Bedford St Johns station which is 1.3 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 31, Old Portman House 2B, Bedford, 30.2% of property is socially rented and 25.8% 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 31, Old Portman House 2B, Bedford, 12.8% of residents are recorded as possessing school level qualifications and 52.1% 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 31, Old Portman House 2B, 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 31, Old Portman House 2B, 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 31, Old Portman House 2B, Bedford, there are an average of 0.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.