4, Parrott Close
4, Parrott Close
Description & Estimates
4, Parrott Close, Bedford is recorded publicly as a modern freehold house across 1,334 ft2 of internal area, sitting on a 497 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Parrott Close, Bedford is £503,247 and its rental estimate is £1,768 per month, given the available information and assuming reasonable condition.
Parrott Close, Oakley, Bedford, MK43 falls within the MK43 postal district.
Our Data Sources
4, Parrott Close, Bedford has a single entry in the Land Registry from April 2020 and a single entry in the EPC database dated May 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 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, Parrott Close, Bedford, we estimate a market value of £528,410 and a rental value of £1,856 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £468,020 and £1,644 per month respectively.
Recent Market Change
Over the last year, 4, Parrott Close, Bedford has seen its estimated sale value decline by £2,698 (0.5%) and its estimated rental value climb by £31 per month (1.7%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 4, Parrott Close, Bedford as measuring 497 m2.
That makes it the 3rd largest plot in the postcode, where 10 of the 25 other houses have recorded plot data.
Energy Efficiency
4, Parrott Close, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 May 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Parrott Close, Bedford completed on 7th April 2020 at £475,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 19.0% over the period since April 2020.
- Sold Apr 2020£475,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Parrott Close, Bedford have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 30th May 2024, was 5, Parrott Close, Bedford, MK43 7AQ, a freehold house which sold for £545,000.
Read more about house prices in MK43.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 25 addresses on Parrott Close, Oakley, Bedford, MK43, 4, Parrott Close, Bedford comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £88k more expensive than the average property across the MK43 district.
More reading links
Schools Nearby
- 500mOakley Primary Academy
- 1.8kmUrsula Taylor Church of England School
- 2.2kmBromham CofE Primary School
- 400mLincroft Academy
- 3.6kmSt Thomas More Catholic School
- 3.6kmBiddenham International School and Sports College
More reading links
Public Transport Nearby
From 4, Parrott Close, Bedford, the nearest station is Bedford, 4.2 kilometres away.
- 4.2kmBedford
- 5.3kmBedford St Johns
- 8.4kmKempston Hardwick
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
