Bedford

Area Guide For Bedford

Bedford is the area town of Bedfordshire, in the East of England. It lies in the south of the more extensive Borough of Bedford, of which it is the managerial focus. The Bedford Built-up Area - which incorporates Kempston, Elstow and Biddenham - structures the 69th biggest Urban Area in England and Wales with a populace of 106,940.The more extensive precinct, including a country range, had a populace of 157,479.

Bedford was established at a portage on the River Great Ouse, and is thought to have been the internment spot of Offa of Mercia. Bedford Castle was constructed by Henry I, in spite of the fact that it was obliterated in 1224. Bedford was conceded district status in 1165 and has been spoken to in Parliament since 1265.

 
 

Bedford Map

Estimated Price: £270,124
Average Asking Price: £341,147
Price change in last one year: £15,458
Average Price Paid: £226,920
Average Rent Rates: £1,545

 
 

Property Prices Breakdown in Bedford

Average Price for property in Bedford is around £270,124 which varies based on type of property you are interested in and ranges from £406,872 for detached house to around £237,442 for semi-detached. Similarly terraced house is around £188,827 and a flat is worth £139,185. Values have been changing and have risen £327 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £190 in last 6 months, £15,458 in last 1 year, £26,575 in last 2 years, £34,542 in last 3 years, £34,657 in last 4 years and £31,623 in last 5 years.

Currently average asking price of a property in Bedford is around £341,147 based on approximately 3,357 properties for sale. Same is the case with rental options based on 280 properties up for rent, average asking rent is around £1,545 per month.

Estimated property value in Bedford is £270,124. Average asking price is £341,147 while average price paid is £241,849 which is up by £15,458 and Avg. asking rent £1,545.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Bedford area. In last 1 year alone average price buyer paid is around £241,849 based on approximately 3,357 sales in Bedford area alone. If you compare it to last 3 years sales of 9,682 properties where buyers paid around £230,630. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £226,920 for 15,165 and average amount paid for purchase of approx. 19,970 properties sold in last 7 years comes to about £222,269 per sale.

 
 

Properties For Sale in Bedford

 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £124,192, £198,589 for a 2 bedroom house, £252,421 for a 3 bedroom house, £392,116 for a 4 bedroom house and £582,916 for a 5 bedroom house. For a flat similarly the prices varies from £104,485 for a single bedroom to £145,721 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £272,500 and £495,000 for a 4 bedroom flat. To sum up the asking prices for properties in Bedford it comes to around average £108,591 for 1 bedroom property, £170,731 for 2 bedroom, £252,713 for 3 bedroom, £392,436 for 4 bedroom and £582,916 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £479 for 1 bedroom to £721 for 2 bedrooms, £902 for 3 bedrooms, £1,422 for 4 bedrooms and £1,556 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £512. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £675 and £1,038 for 3 bedroom. You should be generally be expecting around average £501 rent per month for single bedroom property, £698 for 2 bedroom, £910 for 3 bedroom, £1,422 for 4 bedroom and approximately £1,556 for a 5 bedroom property in Bedford area.

Popular Houses in Bedford

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

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