62, Sovereigns Quay
62, Sovereigns Quay
Description & Estimates
62, Sovereigns Quay, Bedford is recorded publicly as a modern leasehold apartment across 430 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 62, Sovereigns Quay, Bedford is £156,295 and its rental estimate is £749 per month, given the available information and assuming reasonable condition.
Sovereigns Quay, Bedford, MK40 falls within the MK40 postal district.
Our Data Sources
62, Sovereigns Quay, Bedford has 21 entries in the Land Registry , most recently in October 2021 and a single entry in the EPC database dated July 2013.
We combine this information with that of neighbouring properties to estimate the property 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 62, Sovereigns Quay, Bedford, we estimate a market value of £164,109 and a rental value of £787 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £145,354 and £697 per month respectively.
Recent Market Change
Over the last year, 62, Sovereigns Quay, Bedford has seen its estimated sale value rise by £3,082 (2.0%) and its estimated rental value move up by £22 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
Energy Efficiency
62, Sovereigns Quay, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 31 Jul 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 62, Sovereigns Quay, Bedford completed on 6th October 2021 at £140,000 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 45.2% over the period since October 2021.
- Sold Oct 2021£140,000
- Sold Sep 2000£76,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 62, Sovereigns Quay, Bedford have sold within a radius of 480 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th December 2022, was 77, Sovereigns Quay, Bedford, MK40 1TF, a leasehold flat which sold for £168,000.
Read more about house prices in MK40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 66 addresses on Sovereigns Quay, Bedford, MK40, 62, Sovereigns Quay, Bedford comes out as the 60th largest and the 60th most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the MK40 district.
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Schools Nearby
- 500mPriory Primary School
- 800mCauldwell School
- 1.2kmLivingstone Primary School
- 400mBedford Free School
- 1.7kmBiddenham International School and Sports College
- 2.0kmCastle Newnham School
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Public Transport Nearby
From 62, Sovereigns Quay, Bedford, the nearest station is Bedford St Johns, 500 metres away.
- 500mBedford St Johns
- 600mBedford
- 5.0kmKempston 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 medium, based on Environment Agency data.
