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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
1, Red Lion Close, Bedford is recorded publicly as a mid-century freehold house across 1,119 ft2 of internal area, sitting on a 331 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 1, Red Lion Close, Bedford is £370,975 and its rental estimate is £1,617 per month, given the available information and assuming reasonable condition.
Red Lion Close, Cranfield, Bedford, MK43 falls within the MK43 postal district.
1, Red Lion Close, Bedford has 21 entries in the Land Registry , most recently in May 2009 and a single entry in the EPC database dated June 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Red Lion Close, Bedford, we estimate a market value of £389,524 and a rental value of £1,698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £345,007 and £1,504 per month respectively.
Over the last year, 1, Red Lion Close, Bedford has seen its estimated sale value move up by £4,875 (1.3%) and its estimated rental value increase by £58 per month (3.6%). This results in an estimated gross rental yield of 5.2%.
HM Land Registry records the plot of land for 1, Red Lion Close, Bedford as measuring 331 m2.
That makes it the 7th largest plot in the postcode, where 25 of the 32 other houses have recorded plot data.
1, Red Lion Close, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 20 Jun 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Red Lion Close, Bedford completed on 14th May 2009 at £186,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 97.6% over the period since May 2009.
Over the past 2 years 3 properties similar to 1, Red Lion Close, Bedford have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2023, was 7, Red Lion Close, Bedford, MK43 0JA, a freehold house which sold for £400,000.
Read more about house prices in MK43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 32 addresses on Red Lion Close, Cranfield, Bedford, MK43, 1, Red Lion Close, Bedford comes out as the 16th largest and the 21st most expensive in our analysis of the public data.
It is also £44k less expensive than the average property across the MK43 district.
From 1, Red Lion Close, Bedford, the nearest station is Lidlington, 4.6 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Red Lion Close, Bedford, 46.3% of property is privately owned outright and 33.1% 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, Red Lion Close, Bedford, 23.5% of residents are recorded as possessing school level qualifications and 38.7% 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, Red Lion Close, Bedford, the average age was 38.6 and the most common age was 22.
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, Red Lion Close, Bedford, 0.0% 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 1, Red Lion Close, Bedford, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
