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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1, Old Oaks Drive, Bedford is recorded publicly as a modern freehold house across 4,154 ft2 of internal area.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 1, Old Oaks Drive, Bedford is £1,180,147 and its rental estimate is £3,897 per month, given the available information and assuming reasonable condition.
Old Oaks Drive, Biddenham, Bedford, MK40 falls within the MK40 postal district.
1, Old Oaks Drive, Bedford has a single entry in the Land Registry from July 2011 and a single entry in the EPC database dated March 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Old Oaks Drive, Bedford, we estimate a market value of £1,239,154 and a rental value of £4,092 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £1,097,537 and £3,624 per month respectively.
Over the last year, 1, Old Oaks Drive, Bedford has seen its estimated sale value drop by £1,188 (0.1%) and its estimated rental value rise by £46 per month (1.2%). This results in an estimated gross rental yield of 4.0%.
1, Old Oaks Drive, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Mar 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
The most recent sale of 1, Old Oaks Drive, Bedford completed on 22nd July 2011 at £700,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 23.8% over the period since July 2011.
Over the past 2 years 3 properties similar to 1, Old Oaks Drive, Bedford have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 11th October 2024, was 20E, Bromham Road, Bedford, MK40 4AF, a freehold house which sold for £1,300,000.
Read more about house prices in MK40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 3 addresses on Old Oaks Drive, Biddenham, Bedford, MK40, 1, Old Oaks Drive, Bedford comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £845k more expensive than the average property across the MK40 district.
From 1, Old Oaks Drive, Bedford, the nearest station is Bedford, 1.6 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Old Oaks Drive, Bedford, 58.3% of property is privately owned outright and 34.7% is privately owned with a mortgage.
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 1, Old Oaks Drive, Bedford, 17.5% of residents are recorded as possessing school level qualifications and 63.3% 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 1, Old Oaks Drive, Bedford, the average age was 38.9 and the most common age was 32.
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 1, Old Oaks Drive, Bedford, 3.9% 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 1, Old Oaks Drive, Bedford, there are an average of 1.8 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
