According to the public record, The Smithy, Bedford is a modern freehold house with 839 ft2 of internal area and sits on a 2,433 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
High Street, Pavenham, Bedford, MK43 is located within the MK43 postal district.
The Smithy, Bedford has a single entry in the Land Registry database from August 2013 and a single entry in the EPC database dated May 2012.
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 The Smithy Bedford as £385,330 and the rental value as £1,261 per month giving an expected gross yield of 3.9%.
Over the last 12 months the sale value of The Smithy Bedford has increased by £869 (0.2%) and its rental value has increased by £65 per month (5.1%).
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 The Smithy, Bedford is in very good condition we estimate a sale value of £404,597 and rental value of £1,324 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £358,357 and a rental value of £1,172 per month.
If you were able to purchase this property for the estimated value of £385,330, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,894 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, The Smithy, Bedford sits on a plot of 2433m2.
We have plot size data on 13 out of 19 other houses in the postcode and The Smithy, Bedford sits on the largest plot.
According to HM Land Registry, The Smithy, Bedford was last sold on 16 Aug 2013 for £222,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Aug 2013, the market for similar properties has risen 64.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to The Smithy, Bedford within a radius of 3.1 kilometres over the last 2 years.
The most recent example is 2 Sonning Cottages, High Street, Bedford, MK43 7NP, a Freehold house which sold for £375,000 in Nov 2022.
Read more about house prices in MK43.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
High Street, Pavenham, Bedford, MK43 has a total of 86 addresses. According to our analysis of all the public data, The Smithy, Bedford is the 77th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £17k less expensive than the average property in MK43.
The Smithy, Bedford has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 11 May 2012.
The property is not connected to mains gas and has some double glazing. It is heated using electric storage heaters.
The closest station to The Smithy, Bedford is Bedford station which is 7.8 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 The Smithy, Bedford, 41.7% of property is privately owned outright and 33.1% 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 The Smithy, Bedford, 14.3% of residents are recorded as possessing school level qualifications and 49.2% 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 The Smithy, Bedford, the average age was 45.8 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 The Smithy, Bedford, 0.4% 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 The Smithy, 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.