According to the public record, Flat 7, 8, Goldington Road, Bedford is a modern leasehold apartment with 495 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 8, Goldington Road, Bedford, MK40.
Goldington Road, Bedford, MK40 is located within the MK40 postal district.
Flat 7, 8, Goldington Road, Bedford has a single entry in the Land Registry database from October 2016 and a single entry in the EPC database dated July 2016.
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 7 8 Goldington Road Bedford as £145,426 and the rental value as £797 per month giving an expected gross yield of 6.6%.
Over the last 12 months the sale value of Flat 7 8 Goldington Road Bedford has increased by £1,296 (0.9%) and its rental value has increased by £44 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 7, 8, Goldington Road, Bedford is in very good condition we estimate a sale value of £152,698 and rental value of £837 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £135,247 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £145,426, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £715 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 7, 8, Goldington Road, Bedford was last sold on 10 Oct 2016 for £120,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Oct 2016, the market for similar properties has risen 8.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, 8, Goldington Road, Bedford within a radius of 460 metres over the last 2 years.
The most recent example is Flat 9, 6, Goldington Road, Bedford, MK40 3NF, a Leasehold flat which sold for £130,000 in Oct 2021.
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 7, 8, Goldington Road, Bedford is the 224th largest and the 273rd most expensive property on the street.
When compared to the postcode district it is £174k less expensive than the average property in MK40.
Flat 7, 8, Goldington Road, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Jul 2016.
The property is not connected to mains gas and has fully triple glazed windows. It is heated using Room heaters, electric.
The closest station to Flat 7, 8, Goldington Road, 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 7, 8, Goldington Road, Bedford, 65.2% of property is privately rented and 15.2% 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 7, 8, Goldington Road, Bedford, 36.6% of residents are recorded as possessing school level qualifications and 36.6% 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 7, 8, Goldington Road, Bedford, the average age was 41.3 and the most common age was 22.
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 7, 8, Goldington 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 7, 8, Goldington Road, 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.