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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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According to the public record, 2, Spring Hill, Bedford is a modern freehold house with 2,314 ft2 of internal area and sits on a 698 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Spring Hill, Bedford is £856,812 and the estimated rental value is £2,677 per month.
Spring Hill, Gravenhurst, Bedford, MK45 is located within the MK45 postal district.
2, Spring Hill, Bedford has a single entry in the Land Registry from January 2022 and a single entry in the EPC database dated August 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 2, Spring Hill, Bedford is in very good condition we estimate a sale value of £899,653 and a rental value of £2,811 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £796,836 and a rental value of £2,490 per month.
Over the last 12 months the sale value of 2 Spring Hill Bedford has decreased by an estimated £10,299 (1.2%) and its rental value has increased by an estimated £28 per month (1.0%), giving an expected gross yield of 3.7%.
According to data from HM Land Registry, 2, Spring Hill, Bedford sits on a plot of 698m2.
We have plot size data on 9 out of 24 other houses in the postcode and 2, Spring Hill, Bedford sits on the largest plot.
2, Spring Hill, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
According to HM Land Registry, 2, Spring Hill, Bedford was last sold on 26th January 2022 for £900,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2022, the market for similar properties has risen 2.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Spring Hill, Bedford within a radius of 3.0 kilometres over the last 2 years.
The most recent example is 27, Campton Road, Bedford, MK45 4JB, a freehold house which sold for £905,000 on the 18th November 2022.
Read more about house prices in MK45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Spring Hill, Gravenhurst, Bedford, MK45 has a total of 24 addresses. According to our analysis of all the public data, 2, Spring Hill, Bedford is the largest and the most expensive property on the street.
When compared to the postcode district it is £412k more expensive than the average property in MK45.
The closest station to 2, Spring Hill, Bedford is Flitwick station which is 7.8 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 2, Spring Hill, Bedford, 47.1% of property is privately owned outright and 30.9% 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 2, Spring Hill, Bedford, 16.4% of residents are recorded as possessing school level qualifications and 34.9% 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 2, Spring Hill, Bedford, the average age was 39.3 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 2, Spring Hill, Bedford, 1.9% 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 2, Spring Hill, Bedford, there are an average of 1.7 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
