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Castle Gate Castle Lane is a residential building situated on Castle Lane, Bedford, MK40 with 4 addresses.
It ranks as the 597th largest and 1016th most expensive of the 1,052 buildings in the MK40 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
Castle Gate Castle Lane is a residential building situated on Castle Lane, Bedford, MK40 with 4 addresses.
It ranks as the 597th largest and 1016th most expensive of the 1,052 buildings in the MK40 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 4 properties: 4 flats.
Sale prices range from £245,067 for 3 bedroom leasehold flats (850 ft2) to £322,604 for 3 bedroom leasehold flats (1,410 ft2) .
Monthly rental prices range from £1,045 pcm for 3 bed flats to £1,376 pcm for 3 bed flats.
The gross rental yield is between 5.1% and 5.1%.
The average value per square foot is £242.
The last sale in Castle Gate Castle Lane sold for £245,000 on 20th March 2015. Since then prices are up an average of 22.0%.
The current average value in the building is £293,077.
The Castle Gate Castle Lane Sales Market has increased by 9.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -1.6% | £293,077 |
| May 2025 | 0.1% | £297,956 |
| May 2024 | 0.9% | £297,792 |
| May 2023 | -2% | £295,065 |
| May 2022 | 6.1% | £301,234 |
| May 2021 | 1.6% | £284,032 |
| May 2020 | 1.1% | £279,607 |
| May 2019 | -2.3% | £276,552 |
| May 2018 | 0.2% | £283,049 |
| May 2017 | 5.4% | £282,437 |
| May 2016 | 10.9% | £268,003 |
| May 2015 | 7.2% | £241,637 |
| May 2014 | 6.9% | £225,331 |
| May 2013 | 0.9% | £210,723 |
| May 2012 | -1% | £208,863 |
| May 2011 | 0.9% | £211,076 |
| May 2010 | 4.6% | £209,292 |
| May 2009 | -16.9% | £199,993 |
| May 2008 | 1.1% | £240,672 |
| May 2007 | 0% | £238,124 |
The current average rental value in the building is £1,250.
The Castle Gate Castle Lane Rental Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0% | £1,250pcm |
| May 2025 | 3% | £1,250pcm |
| May 2024 | 7.9% | £1,214pcm |
| May 2023 | 6.6% | £1,125pcm |
| May 2022 | 2.9% | £1,055pcm |
| May 2021 | 5% | £1,025pcm |
| May 2020 | 1% | £977pcm |
| May 2019 | 0.5% | £967pcm |
| May 2018 | -3.3% | £962pcm |
| May 2017 | 2.5% | £994pcm |
| May 2016 | 8.8% | £970pcm |
| May 2015 | 6.3% | £892pcm |
| May 2014 | 2% | £839pcm |
| May 2013 | 1.2% | £823pcm |
| May 2012 | 1% | £813pcm |
| May 2011 | 1.3% | £805pcm |
| May 2010 | -0.8% | £794pcm |
| May 2009 | -7.6% | £801pcm |
| May 2008 | 3.2% | £867pcm |
| May 2007 | 0% | £840pcm |
The last sale was on 20th March 2015 for £245,000 and since then the market in the area has increased by 22.0%. The building has had a total of 6 sales since 1995.
Castle Gate, Castle Lane, Bedford, MK40 3US has seen no sales in the last three years and no sales in the last twelve months.
The closest station to Castle Gate, Castle Lane, Bedford, MK40 3US is Bedford St Johns station which is 700 metres away.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 Castle Gate, Castle Lane, Bedford, MK40 3US, 56.8% of property is privately rented and 16.2% is privately owned outright.
The graph below shows how this compares to East of England 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 Castle Gate, Castle Lane, Bedford, MK40 3US, 11.7% of residents are recorded as possessing school level qualifications and 52.6% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Castle Gate, Castle Lane, Bedford, MK40 3US, the average age was 38.6 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 Castle Gate, Castle Lane, Bedford, MK40 3US, 1.6% 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 Castle Gate, Castle Lane, Bedford, MK40 3US, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.