According to the public record, Flat E, 5, Union Street, Bedford is a modern apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
The apartment is in 5, Union Street, Bedford, MK40.
Union Street, Bedford, MK40 is located within the MK40 postal district.
Flat E, 5, Union Street, Bedford has no records in the Land Registry database and a single entry in the EPC database dated May 2015.
We combine this information with public data 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 E 5 Union Street Bedford as £95,216 and the rental value as £572 per month giving an expected gross yield of 7.2%.
Over the last 12 months the sale value of Flat E 5 Union Street Bedford has increased by £1,145 (1.2%) and its rental value has increased by £33 per month (5.8%).
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 E, 5, Union Street, Bedford is in very good condition we estimate a sale value of £99,977 and rental value of £600 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £88,551 and a rental value of £532 per month.
If you were able to purchase this property for the estimated value of £95,216, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £468 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat E, 5, Union Street, Bedford within a radius of 330 metres over the last 2 years.
The most recent example is Apartment 9, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EF, a Leasehold flat which sold for £92,000 in Oct 2023.
Read more about house prices in MK40.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Union Street, Bedford, MK40 has a total of 133 addresses. According to our analysis of all the public data, Flat E, 5, Union Street, Bedford is the 120th largest and the 125th most expensive property on the street.
When compared to the postcode district it is £224k less expensive than the average property in MK40.
Flat E, 5, Union Street, Bedford has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 01 May 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an electric boiler and radiators.
The closest station to Flat E, 5, Union Street, Bedford is Bedford station which is 600 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 E, 5, Union Street, Bedford, 70.5% of property is privately rented and 16.4% 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 E, 5, Union Street, Bedford, 13.4% of residents are recorded as possessing school level qualifications and 35.3% 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 E, 5, Union Street, 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 E, 5, Union Street, 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 E, 5, Union Street, 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.