50, Mill Lane
50, Mill Lane
Description & Estimates
50, Mill Lane, Bedford appears in the public record as a freehold house sitting on a 1,402 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,623 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 50, Mill Lane, Bedford is £856,015 and its rental estimate is £2,589 per month, given the available information and assuming reasonable condition.
Mill Lane, Greenfield, Bedford, MK45 falls within the MK45 postal district.
Our Data Sources
50, Mill Lane, Bedford has a single entry in the Land Registry from June 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 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 50, Mill Lane, Bedford, we estimate a market value of £898,816 and a rental value of £2,719 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £796,094 and £2,408 per month respectively.
Recent Market Change
Over the last year, 50, Mill Lane, Bedford has seen its estimated sale value drop by £9,037 (1.1%) and its estimated rental value rise by £47 per month (1.8%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 50, Mill Lane, Bedford as measuring 1,402 m2.
That makes it the 6th largest plot in the postcode, where 33 of the 36 other houses have recorded plot data.
Sold Prices
The most recent sale of 50, Mill Lane, Bedford completed on 6th June 2008 at £410,000 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 51.6% over the period since June 2008.
- Sold Jun 2008£410,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Mill Lane, Bedford have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th December 2020, was 125, Greenfield Road, Bedford, MK45 5FF, a freehold house which sold for £754,000.
Read more about house prices in MK45.
- Sold Dec 2020£754,000 | 5 Bed House125, Greenfield Road, Bedford, MK45 5FF125, Greenfield Road, Bedford, MK45 5FF
- Sold Jul 2019£545,000 | 5 Bed House1, Greys Mews, Bedford, MK45 5FE1, Greys Mews, Bedford, MK45 5FE
- Sold Aug 2016£649,995 | 5 Bed House73, Mill Lane, Bedford, MK45 5DG73, Mill Lane, Bedford, MK45 5DG
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 81 addresses on Mill Lane, Greenfield, Bedford, MK45, 50, Mill Lane, Bedford comes out as the 22nd largest and the 7th most expensive in our analysis of the public data.
It is also £413k more expensive than the average property across the MK45 district.
More reading links
Schools Nearby
- 300mGreenfield CofE VC Lower School
- 1.4kmKingsmoor Lower School
- 2.1kmFlitwick Lower School
- 2.6kmRedborne Upper School and Community College
- 4.3kmHarlington Upper School
- 9.2kmWixams Academy
More reading links
Public Transport Nearby
From 50, Mill Lane, Bedford, the nearest station is Flitwick, 1.9 kilometres away.
- 1.9kmFlitwick
- 5.1kmHarlington (Bedfordshire)
- 7.1kmMillbrook (Bedfordshire)
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.
