According to the public record, Flat 39, Heron House 49-53, Bedford is a modern leasehold apartment with 721 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Heron House, Goldington Road, Bedford, MK40.
Goldington Road, Bedford, MK40 is located within the MK40 postal district.
Flat 39, Heron House 49-53, Bedford has 2 entries in the Land Registry database, most recently in December 2020 and a single entry in the EPC database dated January 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 39 Heron House 49-53 Bedford as £205,717 and the rental value as £910 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of Flat 39 Heron House 49-53 Bedford has decreased by £322 (0.2%) and its rental value has increased by £40 per month (4.4%).
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 39, Heron House 49-53, Bedford is in very good condition we estimate a sale value of £216,003 and rental value of £955 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £191,317 and a rental value of £846 per month.
If you were able to purchase this property for the estimated value of £205,717, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,011 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 39, Heron House 49-53, Bedford was last sold on 21 Dec 2020 for £189,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since Dec 2020, the market for similar properties has risen 5.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 39, Heron House 49-53, Bedford within a radius of 420 metres over the last 2 years.
The most recent example is Flat 41, Heron House 49-53, Goldington Road, Bedford, MK40 3FD, a Leasehold flat which sold for £212,500 in Nov 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Goldington Road, Bedford, MK40 has a total of 303 addresses. According to our analysis of all the public data, Flat 39, Heron House 49-53, Bedford is the 144th largest and the 158th most expensive property on the street.
When compared to the postcode district it is £114k less expensive than the average property in MK40.
Flat 39, Heron House 49-53, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Jan 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 39, Heron House 49-53, 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 39, Heron House 49-53, 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 39, Heron House 49-53, 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 39, Heron House 49-53, 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 39, Heron House 49-53, 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 39, Heron House 49-53, 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.