According to the public record, Flat 7, Culver House 36, Bedford is a period leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Culver House, Linden Road, Bedford, MK40.
Linden Road, Bedford, MK40 is located within the MK40 postal district.
Flat 7, Culver House 36, Bedford has 31 entries in the Land Registry database, most recently in August 2022 and a single entry in the EPC database dated May 2022.
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 Culver House 36 Bedford as £154,541 and the rental value as £798 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of Flat 7 Culver House 36 Bedford has increased by £641 (0.4%) and its rental value has increased by £40 per month (5.0%).
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, Culver House 36, Bedford is in very good condition we estimate a sale value of £162,268 and rental value of £838 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £143,723 and a rental value of £742 per month.
If you were able to purchase this property for the estimated value of £154,541, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £760 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, Culver House 36, Bedford was last sold on 19 Aug 2022 for £167,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2022, the market for similar properties has dropped 2.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, Culver House 36, Bedford within a radius of 430 metres over the last 2 years.
The most recent example is Flat 4, Culver House 36, Linden Road, Bedford, MK40 2DD, a Leasehold flat which sold for £155,000 in Jul 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Linden Road, Bedford, MK40 has a total of 293 addresses. According to our analysis of all the public data, Flat 7, Culver House 36, Bedford is the 178th largest and the 118th most expensive property on the street.
When compared to the postcode district it is £165k less expensive than the average property in MK40.
Flat 7, Culver House 36, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 May 2022.
The property is connected to mains gas and has some double glazing. It is heated using a boiler and radiators.
The closest station to Flat 7, Culver House 36, Bedford is Bedford station which is 800 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 7, Culver House 36, Bedford, 28.2% of property is socially rented and 24.5% is privately 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 7, Culver House 36, Bedford, 13.9% of residents are recorded as possessing school level qualifications and 30.4% 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, Culver House 36, Bedford, the average age was 40.9 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 7, Culver House 36, Bedford, 0.8% 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 7, Culver House 36, Bedford, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.