87, Sovereigns Quay
87, Sovereigns Quay
Description & Estimates
87, Sovereigns Quay, Bedford is recorded publicly as a modern leasehold apartment across 1,130 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 87, Sovereigns Quay, Bedford is £256,022 and its rental estimate is £1,159 per month, given the available information and assuming reasonable condition.
Sovereigns Quay, Bedford, MK40 falls within the MK40 postal district.
Our Data Sources
87, Sovereigns Quay, Bedford has 41 entries in the Land Registry , most recently in February 2022 and a single entry in the EPC database dated May 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 87, Sovereigns Quay, Bedford, we estimate a market value of £268,824 and a rental value of £1,217 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £238,101 and £1,078 per month respectively.
Recent Market Change
Over the last year, 87, Sovereigns Quay, Bedford has seen its estimated sale value decrease by £3,775 (1.5%) and its estimated rental value grow by £3 per month (0.2%). This results in an estimated gross rental yield of 5.4%.
Energy Efficiency
87, Sovereigns Quay, Bedford has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 30 May 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 87, Sovereigns Quay, Bedford completed on 28th February 2022 at £210,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 0.7% over the period since February 2022.
- Sold Feb 2022£210,000
- Sold Dec 2015£189,000
- Sold May 2007£187,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 87, Sovereigns Quay, Bedford have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th May 2023, was 51, Sovereigns Quay, Bedford, MK40 1TF, a leasehold flat which sold for £315,000.
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, 87, Sovereigns Quay, Bedford comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £79k 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 87, 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 very low, based on Environment Agency data.
