Housing Market Analysis for MERCHANT PLACE, MK40 1AR

Are you looking to understand MK40 1AR house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Bedford postcode.

For the location information and nearby amenities in the MK40 1AR area, explore the MK40 1AR Area information page.
For comprehensive crime statistics in the MK40 1AR area, explore the MK40 1AR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK40 1AR postcode area, The average prices are as follows,

  • Other
    • The average price is around £99,000 median price is £99,000 Standard Deviation is £1,000 with Total Sold: 2
    • The Last 5 Year average price is £99,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 MERCHANT PLACE: £98,000 (Sold on 23 Jun 2022)
    • The first recorded sale happened at this postcode is UNIT 1 MERCHANT PLACE: £100,000 (Sold on 05 Jul 2019)
  • Flat
    • The average price is around £59,450 median price is £59,300 Standard Deviation is £328 with Total Sold: 4
    • The Last 5 Year average price is £59,267 with Total Sold: 3
    • The most recent sale happened at this postcode is 17 MERCHANT PLACE: £59,400 (Sold on 29 Sep 2021)
    • The first recorded sale happened at this postcode is 18 MERCHANT PLACE: £60,000 (Sold on 12 Jan 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 1AR house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£98,000 £1,195 1
2019£100,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£59,267 £1,288 3
2018£60,000 £1,304 1

All the Sales in the MERCHANT PLACE, MK40 1AR

See the table below for more details on the sold house prices in the MK40 1AR, Bedford postcode.

AddressSold DatePrice% Change
5 MERCHANT PLACEOther, LeaseholdArea: 82 Sq.mtr23 Jun 2022£98,000First Sale
17 MERCHANT PLACEFlat, LeaseholdArea: 46 Sq.mtrAge: 2007 onwards29 Sep 2021£59,400First Sale
15 MERCHANT PLACEFlat, LeaseholdArea: 46 Sq.mtr12 May 2021£59,200First Sale
11 MERCHANT PLACEFlat, LeaseholdArea: 46 Sq.mtr12 Mar 2021£59,200First Sale
UNIT 1 MERCHANT PLACEOther, Leasehold05 Jul 2019£100,000First Sale
18 MERCHANT PLACEFlat, LeaseholdArea: 46 Sq.mtr12 Jan 2018£60,000First Sale

Check out the sold house prices near the MK40 1AR postcode. Properties currently for saleProperties currently for rent

MERCHANT PLACE, MK40 1AR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK40 1AR postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the MK40 1AR postcode.

  • Flat
    • The average price is around £133,968 median price is £130,000 Standard Deviation is £68,864 with Total Sold: 1,955
    • The Last 5 Year average price is £168,804 with Total Sold: 311
    • The most recent sale happened at this postcode is , 25 PRIORY COURT: £123,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is 38, HOMEBROOK HOUSE CARDINGTON ROAD: £34,500 (Sold on 03 Feb 1995)
  • Semi-Detached
    • The average price is around £223,462 median price is £168,500 Standard Deviation is £179,118 with Total Sold: 234
    • The Last 5 Year average price is £414,256 with Total Sold: 40
    • The most recent sale happened at this postcode is , 4 CASTLE ROAD: £655,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is , 29 WATERLOO ROAD: £115,000 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £1,220,894 median price is £370,000 Standard Deviation is £3,232,134 with Total Sold: 207
    • The Last 5 Year average price is £848,221 with Total Sold: 93
    • The most recent sale happened at this postcode is , 49 MILL STREET: £1,450,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 56A CASTLE ROAD: £160,000 (Sold on 24 Jun 2013)
  • Terraced
    • The average price is around £150,599 median price is £122,500 Standard Deviation is £110,712 with Total Sold: 586
    • The Last 5 Year average price is £279,498 with Total Sold: 56
    • The most recent sale happened at this postcode is , 13 GRAFTON ROAD: £350,000 (Sold on 19 Apr 2024)
    • The first recorded sale happened at this postcode is , 6 WESTERN STREET: £24,000 (Sold on 18 Jan 1995)
  • Detached
    • The average price is around £320,637 median price is £245,000 Standard Deviation is £216,873 with Total Sold: 140
    • The Last 5 Year average price is £487,767 with Total Sold: 39
    • The most recent sale happened at this postcode is , 2 EASTWICK CLOSE: £435,000 (Sold on 20 Dec 2023)
    • The first recorded sale happened at this postcode is , 13 HIGH STREET: £130,000 (Sold on 19 Apr 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£189,596 £4,106 13
2023£184,337 £3,078 49
2022£176,678 £2,756 52
2021£158,687 £2,635 84
2020£166,483 £2,793 43
2019£161,786 £2,719 70
2018£178,171 £2,872 67
2017£208,359 £3,263 128
2016£146,754 £2,591 95
2015£141,944 £2,391 92
2014£119,713 £2,107 66
2013£121,384 £1,997 67
2012£135,037 £2,102 34
2011£140,411 £2,171 46
2010£119,191 £1,998 43
2009£150,804 £2,318 83
2008£158,608 £2,539 89
2007£152,904 £2,474 123
2006£126,645 £2,303 66
2005£133,466 £2,280 88
2004£107,449 £2,041 66
2003£103,488 £1,937 80
2002£106,289 £1,772 125
2001£77,702 £1,457 86
2000£69,550 £1,185 51
1999£46,038 £925 50
1998£51,352 £907 32
1997£45,083 £798 30
1996£55,250 £1,077 20
1995£44,764 £835 17
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£435,0624
2023£404,038 £3,164 13
2022£400,857 £3,225 7
2021£478,167 £2,770 3
2020£339,400 £2,881 5
2019£455,000 £2,925 8
2018£440,833 £2,923 6
2017£375,250 £2,944 4
2016£405,400 £2,798 4
2015£362,344 £2,257 8
2014£224,667 £1,949 3
2013£343,500 £1,998 4
2012£132,000 £3,223 2
2011£291,500 £2,191 4
2010£205,625 £1,653 4
2009£143,750 £1,799 2
2008£229,850 £1,863 10
2007£237,538 £1,725 13
2006£190,050 £1,854 10
2005£138,362 £1,899 8
2004£175,618 £1,342 17
2003£155,967 £1,501 18
2002£143,312 £1,019 16
2001£116,397 £881 15
2000£95,773 £703 11
1999£149,368 £457 8
1998£77,444 £434 9
1997£66,471 £501 9
1996£57,9994
1995£92,8005
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£933,2502
2023£1,069,529 £2,491 16
2022£552,742 £2,468 20
2021£1,097,870 £3,694 15
2020£1,060,60519
2019£582,43721
2018£674,716 £15,244 41
2017£2,280,28328
2016£2,534,714 £4,310 25
2015£424,93010
2014£1,190,8336
2013£1,891,750 £6,050 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£520,000 £3,123 2
2023£322,143 £3,520 7
2022£233,557 £2,870 7
2021£286,056 £2,807 18
2020£237,600 £2,480 10
2019£266,417 £2,292 12
2018£261,538 £2,423 20
2017£282,071 £2,643 14
2016£217,206 £2,464 17
2015£259,889 £1,704 9
2014£136,078 £1,542 16
2013£155,792 £1,868 12
2012£207,979 £2,008 12
2011£162,658 £1,682 19
2010£198,982 £1,940 14
2009£114,772 £1,266 11
2008£165,591 £1,776 11
2007£194,419 £1,813 28
2006£205,145 £1,980 31
2005£174,357 £1,877 27
2004£159,726 £1,461 33
2003£116,129 £1,283 27
2002£123,913 £1,601 39
2001£98,833 £1,091 29
2000£78,021 £1,023 31
1999£64,355 £688 29
1998£61,183 £662 34
1997£43,950 £406 19
1996£45,528 £458 27
1995£39,969 £422 21
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,585 £4,099 17
2022£562,109 £3,865 18
2021£465,000 £4,115 1
2020£373,333 £2,331 3
2018£598,333 £2,688 3
2017£207,5001
2016£770,000 £2,845 3
2015£463,333 £2,931 3
2014£240,333 £2,335 3
2011£485,000 £2,505 1
2010£394,375 £3,000 4
2009£227,1503
2008£565,000 £2,641 2
2007£372,500 £16,092 2
2006£242,610 £2,483 5
2005£263,875 £1,089 4
2004£269,399 £2,224 10
2003£165,856 £2,596 7
2002£162,500 £2,329 7
2001£350,125 £1,225 8
2000£145,000 £1,183 6
1999£150,627 £1,395 11
1998£67,500 £879 4
1997£98,317 £544 3
1996£149,375 £543 8
1995£158,333 £436 3

House Type in MK40 1AR area

The most common house types in the MK40 1AR postcode area are Flat (95), converted building (17), and Terraced (9).

Total131
Flat95
converted building17
Terraced9
Semi-detached4
commercial building4
Detached1
Shared house1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (44), and Shared ownership: Shared ownership (28).

Private rented: Private landlord or letting agency44
Shared ownership: Shared ownership28
Owned: Owns with a mortgage or loan25
Owned: Owns outright17
Social rented: Other social rented14
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK40 1AR have 1 person in household (60), and 2 people in household (53).

1 person in household60
2 people in household53
4 people in household7
3 people in household5
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0