4, Derwent Place
4, Derwent Place
Description & Estimates
4, Derwent Place, Bedford is recorded publicly as a period freehold house across 742 ft2 of internal area, sitting on a 101 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Derwent Place, Bedford is £220,784 and its rental estimate is £1,150 per month, given the available information and assuming reasonable condition.
Derwent Place, Bedford, MK42 falls within the MK42 postal district.
Our Data Sources
4, Derwent Place, Bedford has 41 entries in the Land Registry , most recently in May 2019 and a single entry in the EPC database dated February 2019.
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.
Price Range & Condition
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 4, Derwent Place, Bedford, we estimate a market value of £231,823 and a rental value of £1,208 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £205,329 and £1,070 per month respectively.
Recent Market Change
Over the last year, 4, Derwent Place, Bedford has seen its estimated sale value move up by £865 (0.4%) and its estimated rental value increase by £28 per month (2.5%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 4, Derwent Place, Bedford as measuring 101 m2.
That makes it the 6th largest plot in the postcode, where 8 of the 18 other houses have recorded plot data.
Energy Efficiency
4, Derwent Place, Bedford has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2019.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Derwent Place, Bedford completed on 17th May 2019 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 57.7% over the period since May 2019.
- Sold May 2019£165,000
- Sold Apr 2005£120,000
- Sold May 2000£47,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Derwent Place, Bedford have sold within a radius of 430 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2024, was 16, Sandhurst Place, Bedford, MK42 9HT, a freehold house which sold for £225,000.
Read more about house prices in MK42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 19 addresses on Derwent Place, Bedford, MK42, 4, Derwent Place, Bedford comes out as the 16th largest and the 16th most expensive in our analysis of the public data.
It is also £72k less expensive than the average property across the MK42 district.
More reading links
Schools Nearby
- 400mCauldwell School
- 500mShackleton Primary School
- 1.3kmKing's Oak Primary School
- 800mBedford Free School
- 1.3kmBedford Academy
- 1.7kmDaubeney Academy
More reading links
Public Transport Nearby
From 4, Derwent Place, Bedford, the nearest station is Bedford St Johns, 500 metres away.
- 500mBedford St Johns
- 1.4kmBedford
- 4.4kmKempston Hardwick
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
