4, Mill Lane
4, Mill Lane
Description & Estimates
4, Mill Lane, Bedford is described in the public record as a period house with 936 ft2 of internal area, sitting on a 206 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 4, Mill Lane, Bedford is £510,707 and its rental estimate is £1,881 per month, given the available information and assuming reasonable condition.
Mill Lane, Odell, Bedford, MK43 falls within the MK43 postal district.
Our Data Sources
4, Mill Lane, Bedford has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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, Mill Lane, Bedford, we estimate a market value of £536,243 and a rental value of £1,975 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £474,958 and £1,749 per month respectively.
Recent Market Change
Over the last year, 4, Mill Lane, Bedford has seen its estimated sale value move up by £6,711 (1.3%) and its estimated rental value increase by £67 per month (3.6%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 4, Mill Lane, Bedford as measuring 206 m2.
That makes it the 4th largest plot in the postcode, where all 4 other houses have recorded plot data.
Energy Efficiency
4, Mill Lane, Bedford has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of 4, Mill Lane, Bedford completed on 18th May 2001 at £175,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold May 2001£175,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Mill Lane, Bedford have sold within a radius of 3.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 22nd June 2021, was 26, Horsefair Lane, Bedford, MK43 7AU, a freehold house which sold for £385,000.
Read more about house prices in MK43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 4 addresses on Mill Lane, Odell, Bedford, MK43, 4, Mill Lane, Bedford comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £95k more expensive than the average property across the MK43 district.
More reading links
Schools Nearby
- 1.9kmHarrold Primary Academy
- 2.3kmCarlton CofE Primary School
- 2.9kmPinchmill Primary School
- 2.6kmSharnbrook Academy
- 6.4kmLincroft Academy
- 7.3kmWollaston School
More reading links
Public Transport Nearby
From 4, Mill Lane, Bedford, the nearest station is Bedford, 11.0 kilometres away.
- 11.0kmBedford
- 12.1kmBedford St Johns
- 12.1kmWellingborough
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
