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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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16, Millbrook Close, Bedford is recorded publicly as a modern leasehold apartment across 850 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 16, Millbrook Close, Bedford is £215,888 and its rental estimate is £1,160 per month, given the available information and assuming reasonable condition.
Millbrook Close, Wixams, Bedford, MK42 falls within the MK42 postal district.
16, Millbrook Close, Bedford has 2 entries in the Land Registry , most recently in August 2023 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 16, Millbrook Close, Bedford, we estimate a market value of £226,683 and a rental value of £1,218 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £200,776 and £1,078 per month respectively.
Over the last year, 16, Millbrook Close, Bedford has seen its estimated sale value move down by £1,166 (0.5%) and its estimated rental value increase by £15 per month (1.3%). This results in an estimated gross rental yield of 6.4%.
16, Millbrook Close, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 16, Millbrook Close, Bedford completed on 31st August 2023 at £210,500 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 8.7% over the period since August 2023.
Over the past 2 years 3 properties similar to 16, Millbrook Close, Bedford have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th August 2024, was 8, Lakeside Way, Bedford, MK42 6DG, a leasehold flat which sold for £195,000.
Read more about house prices in MK42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Millbrook Close, Wixams, Bedford, MK42, 16, Millbrook Close, Bedford comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £77k less expensive than the average property across the MK42 district.
From 16, Millbrook Close, Bedford, the nearest station is Kempston Hardwick, 2.9 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 16, Millbrook Close, Bedford, % of property is and % is .
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 16, Millbrook Close, Bedford, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 16, Millbrook 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 16, Millbrook Close, Bedford, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
