According to the public record, Old Mill, Bedford is a period freehold house and with 785 ft2 of internal area and sits on a 3,525 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Bedford Road, Milton Ernest, Bedford, MK44 is located within the MK44 postal district.
Old Mill, Bedford has a single entry in the Land Registry database from September 2019 and 2 entries in the EPC database, most recently in May 2019.
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 Old Mill Bedford as £489,321 and the rental value as £1,511 per month giving an expected gross yield of 3.7%.
Over the last 12 months the sale value of Old Mill Bedford has increased by £4,612 (0.9%) and its rental value has increased by £89 per month (5.9%).
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 Old Mill, Bedford is in very good condition we estimate a sale value of £513,787 and rental value of £1,586 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £455,069 and a rental value of £1,405 per month.
If you were able to purchase this property for the estimated value of £489,321, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,405 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 data from HM Land Registry, Old Mill, Bedford sits on a plot of 3525m2.
We have plot size data on 4 out of 7 other houses in the postcode and Old Mill, Bedford sits on the 2nd largest plot.
According to HM Land Registry, Old Mill, Bedford was last sold on 03 Sep 2019 for £500,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Sep 2019, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Old Mill, Bedford within a radius of 2.0km over the last 2 years.
The most recent example is 78, Lovell Road, Bedford, MK43 7RX, a Freehold house which sold for £400,000 in Nov 2021.
Read more about house prices in MK44.
Bedford Road, Milton Ernest, Bedford, MK44 has a total of 18 addresses. According to our analysis of all the public data, Old Mill, Bedford is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £29k more expensive than the average property in MK44.
Old Mill, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 14 May 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using a boiler and radiators.
The closest station to Old Mill, Bedford is Bedford station which is 6.3 km 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 Old Mill, Bedford, 47.1% of property is privately owned outright and 27.4% is privately owned with a mortgage.
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 Old Mill, Bedford, 13.8% of residents are recorded as possessing school level qualifications and 36.9% 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 Old Mill, Bedford, the average age was 42.7 and the most common age was 52.
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 Old Mill, 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 Old Mill, Bedford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.