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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 7, The Forge, Bedford is £192,019 and the estimated rental value is £998 per month.
The apartment is within The Forge, Vicarage Hill, Flitwick, Bedford, MK45.
Vicarage Hill, Flitwick, Bedford, MK45 is located within the MK45 postal district.
Flat 7, The Forge, Bedford has a single entry in the Land Registry from August 2014 and a single entry in the EPC database dated August 2024.
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.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 7, The Forge, Bedford is in very good condition we estimate a sale value of £201,620 and a rental value of £1,047 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £178,578 and a rental value of £928 per month.
Over the last 12 months the sale value of Flat 7 The Forge Bedford has decreased by an estimated £843 (0.4%) and its rental value has increased by an estimated £16 per month (1.6%), giving an expected gross yield of 6.2%.
Flat 7, The Forge, Bedford has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Aug 2024.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 7, The Forge, Bedford was last sold on 26th August 2014 for £139,200 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2014, the market for similar properties has risen 52.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 7, The Forge, Bedford within a radius of 710 metres over the last 2 years.
The most recent example is Flat 6, The Forge, Vicarage Hill, Bedford, MK45 1GZ, a leasehold flat which sold for £188,000 on the 13th September 2024.
Read more about house prices in MK45.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Vicarage Hill, Flitwick, Bedford, MK45 has a total of 55 addresses. According to our analysis of all the public data, Flat 7, The Forge, Bedford is the 39th largest and the 49th most expensive property on the street.
When compared to the postcode district it is £251k less expensive than the average property in MK45.
The closest station to Flat 7, The Forge, Bedford is Flitwick station which is 600 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 7, The Forge, Bedford, 41.6% of property is privately owned with a mortgage and 33.6% is privately owned outright.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 7, The Forge, Bedford, 14.8% of residents are recorded as possessing school level qualifications and 28.4% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 7, The Forge, Bedford, the average age was 40.3 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 7, The Forge, Bedford, 0.7% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 7, The Forge, Bedford, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.