4, Hereford Road
4, Hereford Road
Description & Estimates
4, Hereford Road, Bedford appears in the public record as a leasehold apartment.
We estimate it to be a mid-century apartment with 692 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 4, Hereford Road, Bedford is £182,915 and its rental estimate is £1,060 per month, given the available information and assuming reasonable condition.
4, Hereford Road is a residential building on Hereford Road, Bedford, MK42 and falls within the MK42 postal district.
Our Data Sources
4, Hereford Road, Bedford has 21 entries in the Land Registry , most recently in May 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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, Hereford Road, Bedford, we estimate a market value of £192,061 and a rental value of £1,113 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £170,111 and £986 per month respectively.
Recent Market Change
Over the last year, 4, Hereford Road, Bedford has seen its estimated sale value grow by £1,770 (1.0%) and its estimated rental value climb by £27 per month (2.6%). This results in an estimated gross rental yield of 7.0%.
Sold Prices
The most recent sale of 4, Hereford Road, Bedford completed on 23rd May 2008 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 42.6% over the period since May 2008.
- Sold May 2008£120,000
- Sold Sep 2006£118,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Hereford Road, Bedford have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th March 2023, was 23A, Hereford Road, Bedford, MK42 0RP, a leasehold flat which sold for £185,000.
Read more about house prices in MK42.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 39 addresses on Hereford Road, Bedford, MK42, 4, Hereford Road, Bedford comes out as the 2nd largest and the 2nd most expensive in our analysis of the public data.
It is also £110k less expensive than the average property across the MK42 district.
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Schools Nearby
- 400mKing's Oak Primary School
- 1.1kmShackleton Primary School
- 1.3kmElstow School
- 300mBedford Academy
- 1.9kmBedford Free School
- 2.6kmDaubeney Academy
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Public Transport Nearby
From 4, Hereford Road, Bedford, the nearest station is Bedford St Johns, 1.7 kilometres away.
- 1.7kmBedford St Johns
- 2.8kmBedford
- 4.8kmKempston 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.
