According to the public record, Flat 41, Crown Quay, Bedford is a modern leasehold apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a balcony.
The apartment is in Crown Quay, Prebend Street, Bedford, MK40.
Prebend Street, Bedford, MK40 is located within the MK40 postal district.
Flat 41, Crown Quay, Bedford has 31 entries in the Land Registry database, most recently in October 2014 and a single entry in the EPC database dated November 2020.
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 41 Crown Quay Bedford as £158,357 and the rental value as £876 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 41 Crown Quay Bedford has decreased by £958 (0.6%) and its rental value has increased by £34 per month (3.9%).
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 41, Crown Quay, Bedford is in very good condition we estimate a sale value of £166,275 and rental value of £919 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £147,272 and a rental value of £814 per month.
If you were able to purchase this property for the estimated value of £158,357, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £778 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 41, Crown Quay, Bedford was last sold on 24 Oct 2014 for £125,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Oct 2014, the market for similar properties has risen 27.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 41, Crown Quay, Bedford within a radius of 470 metres over the last 2 years.
The most recent example is Flat 68, Crown Quay, Prebend Street, Bedford, MK40 1BN, a Leasehold flat which sold for £172,000 in Jun 2024.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prebend Street, Bedford, MK40 has a total of 145 addresses. According to our analysis of all the public data, Flat 41, Crown Quay, Bedford is the 113th largest and the 114th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in MK40.
Flat 41, Crown Quay, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Nov 2020.
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 41, Crown Quay, Bedford is Bedford 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 41, Crown Quay, Bedford, 54.1% of property is privately rented and 26.0% is socially rented.
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 41, Crown Quay, Bedford, 21.1% of residents are recorded as possessing school level qualifications and 42.5% 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 41, Crown Quay, 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 41, Crown Quay, 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 41, Crown Quay, 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.