According to the public record, Willowbank, Bedford is a modern freehold house with 473 ft2 of internal area and sits on a 798 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Water Lane, Renhold, Bedford, MK41 is located within the MK41 postal district.
Willowbank, Bedford has 2 entries in the Land Registry database, most recently in January 2022 and a single entry in the EPC database dated November 2021.
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 Willowbank Bedford as £331,088 and the rental value as £1,035 per month giving an expected gross yield of 3.8%.
Over the last 12 months the sale value of Willowbank Bedford has increased by £3,331 (1.0%) and its rental value has increased by £61 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 Willowbank, Bedford is in very good condition we estimate a sale value of £347,642 and rental value of £1,087 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,911 and a rental value of £962 per month.
If you were able to purchase this property for the estimated value of £331,088, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,627 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, Willowbank, Bedford sits on a plot of 798m2.
We have plot size data on 6 out of 11 other houses in the postcode and Willowbank, Bedford sits on the 5th largest plot.
According to HM Land Registry, Willowbank, Bedford was last sold on 17 Jan 2022 for £310,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Jan 2022, the market for similar properties has risen 0.7%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to Willowbank, Bedford within a radius of 2.4 kilometres over the last 2 years.
The most recent example is Bramble Lodge, Water Lane, Bedford, MK41 0JH, a Freehold house which sold for £300,000 in Aug 2017.
Read more about house prices in MK41.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Water Lane, Renhold, Bedford, MK41 has a total of 11 addresses. According to our analysis of all the public data, Willowbank, Bedford is the 11th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £7k less expensive than the average property in MK41.
Willowbank, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 08 Nov 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric heaters.
The closest station to Willowbank, Bedford is Bedford St Johns station which is 6.1 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 Willowbank, Bedford, 47.4% of property is privately owned outright and 34.8% 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 Willowbank, Bedford, 17.2% of residents are recorded as possessing school level qualifications and 34.0% 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 Willowbank, Bedford, the average age was 42.4 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 Willowbank, Bedford, 2.0% 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 Willowbank, Bedford, there are an average of 1.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.