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According to the public record, 32, Derwent Rise, Bedford is a mid-century leasehold apartment with 258 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for 32, Derwent Rise, Bedford is £114,240 and the estimated rental value is £637 per month.
The apartment is within 32, Derwent Rise, Flitwick, Bedford, MK45.
Derwent Rise, Flitwick, Bedford, MK45 is located within the MK45 postal district.
32, Derwent Rise, Bedford has 41 entries in the Land Registry , most recently in January 2022 and a single entry in the EPC database dated May 2021.
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.
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 32, Derwent Rise, Bedford is in very good condition we estimate a sale value of £119,952 and a rental value of £669 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £106,243 and a rental value of £592 per month.
Over the last 12 months the sale value of 32 Derwent Rise Bedford has increased by an estimated £3,619 (3.2%) and its rental value has increased by an estimated £28 per month (4.4%), giving an expected gross yield of 6.7%.
32, Derwent Rise, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 32, Derwent Rise, Bedford was last sold on 7th January 2022 for £110,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since January 2022, the market for similar properties has risen 50.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 32, Derwent Rise, Bedford within a radius of 550 metres over the last 2 years.
The most recent example is 32A, Derwent Rise, Bedford, MK45 1QS, a leasehold flat which sold for £60,000 on the 12th November 2024.
Read more about house prices in MK45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Derwent Rise, Flitwick, Bedford, MK45 has a total of 77 addresses. According to our analysis of all the public data, 32, Derwent Rise, Bedford is the 76th largest and the 76th most expensive property on the street.
When compared to the postcode district it is £331k less expensive than the average property in MK45.
The closest station to 32, Derwent Rise, Bedford is Flitwick station which is 300 metres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 32, Derwent Rise, Bedford, 36.1% of property is privately owned outright and 36.1% 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 32, Derwent Rise, Bedford, 13.4% of residents are recorded as possessing school level qualifications and 32.2% 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 32, Derwent Rise, Bedford, the average age was 40.3 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 32, Derwent Rise, 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 32, Derwent Rise, Bedford, there are an average of 1.2 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
