Housing Market Analysis for MERCHANT GATE, MK40 1AS

Are you looking to understand MK40 1AS 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 1AS area, explore the MK40 1AS Area information page.
For comprehensive crime statistics in the MK40 1AS area, explore the MK40 1AS Crime Rates page.

Overview of Sold House prices

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

Flat
- The average price is around £305,938 median price is £308,500 Standard Deviation is £93,741 with Total Sold: 52
- The Last 5 Year average price is £325,625 with Total Sold: 6
- The most recent sale happened at this postcode is 18 MERCHANT GATE: £255,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is 18 MERCHANT GATE: £229,000 (Sold on 21 Jun 2017)
Other
- The average price is around £331,687 median price is £331,687 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is VUE CINEMA RIVERSIDE SQUARE: £331,687 (Sold on 16 Feb 2018)
- The first recorded sale happened at this postcode is VUE CINEMA RIVERSIDE SQUARE: £331,687 (Sold on 16 Feb 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 1AS 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,000	£5,204	1
2021	£375,000	£3,744	2
2020	£299,375	£4,904	2
2019	£350,000	£4,070	1
2018	£293,000	£3,891	5
2017	£304,634	£4,339	41

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£331,687		1

All the Sales in the MERCHANT GATE, MK40 1AS

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

Address	Sold Date	Price	% Change
18 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	28 Mar 2024	£255,000	11.35%
18 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	21 Jun 2017	£229,000	First Sale
22 MERCHANT GATEFlat, LeaseholdArea: 116 Sq.mtr	20 Aug 2021	£410,000	3.80%
22 MERCHANT GATEFlat, LeaseholdArea: 116 Sq.mtr	01 Aug 2017	£395,000	First Sale
25 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	05 Mar 2021	£340,000	3.98%
25 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	25 Oct 2017	£327,000	First Sale
8 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	14 Sep 2020	£228,750	First Sale
45 MERCHANT GATEFlat, LeaseholdArea: 72 Sq.mtr	09 Mar 2020	£370,000	-6.33%
45 MERCHANT GATEFlat, LeaseholdArea: 72 Sq.mtr	23 Jun 2017	£395,000	First Sale
35 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	07 Nov 2019	£350,000	4.48%
35 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	29 Sep 2017	£335,000	First Sale
38 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	10 Dec 2018	£340,000	1.49%
38 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	27 Jun 2017	£335,000	First Sale
34 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	19 Jun 2018	£300,000	First Sale
VUE CINEMA RIVERSIDE SQUAREOther, Leasehold	16 Feb 2018	£331,687	First Sale
24 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	05 Feb 2018	£265,000	First Sale
29 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	25 Jan 2018	£270,000	First Sale
39 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	03 Jan 2018	£290,000	First Sale
28 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	15 Nov 2017	£312,000	First Sale
6 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	10 Nov 2017	£275,000	First Sale
2 MERCHANT GATEFlat, LeaseholdArea: 81 Sq.mtr	31 Oct 2017	£327,000	First Sale
5 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	25 Sep 2017	£305,000	First Sale
11 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	25 Sep 2017	£285,000	First Sale
16 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	20 Sep 2017	£290,000	First Sale
1 MERCHANT GATEFlat, LeaseholdArea: 74 Sq.mtr	14 Sep 2017	£270,000	First Sale
27 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	16 Aug 2017	£194,000	First Sale
15 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	02 Aug 2017	£332,000	First Sale
9 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	28 Jul 2017	£217,000	First Sale
21 MERCHANT GATEFlat, LeaseholdArea: 77 Sq.mtr	25 Jul 2017	£390,000	First Sale
19 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	21 Jul 2017	£216,000	First Sale
43 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	21 Jul 2017	£342,000	First Sale
46 MERCHANT GATEFlat, LeaseholdArea: 78 Sq.mtr	21 Jul 2017	£395,000	First Sale
13 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	20 Jul 2017	£205,000	First Sale
14 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	14 Jul 2017	£208,000	First Sale
42 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	11 Jul 2017	£216,000	First Sale
20 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	07 Jul 2017	£342,000	First Sale
4 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	07 Jul 2017	£194,000	First Sale
12 MERCHANT GATEFlat, LeaseholdArea: 81 Sq.mtr	06 Jul 2017	£347,000	First Sale
17 MERCHANT GATEFlat, LeaseholdArea: 81 Sq.mtr	05 Jul 2017	£348,000	First Sale
40 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	04 Jul 2017	£348,000	First Sale
31 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	04 Jul 2017	£204,000	First Sale
32 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	03 Jul 2017	£205,000	First Sale
26 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	28 Jun 2017	£202,000	First Sale
33 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	28 Jun 2017	£332,000	First Sale
30 MERCHANT GATEFlat, LeaseholdArea: 86 Sq.mtr	28 Jun 2017	£347,000	First Sale
7 MERCHANT GATEFlat, LeaseholdArea: 81 Sq.mtr	27 Jun 2017	£340,000	First Sale
37 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	26 Jun 2017	£213,000	First Sale
36 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	23 Jun 2017	£225,000	First Sale
41 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	23 Jun 2017	£219,000	First Sale
10 MERCHANT GATEFlat, LeaseholdArea: 80 Sq.mtr	22 Jun 2017	£329,000	First Sale
23 MERCHANT GATEFlat, LeaseholdArea: 77 Sq.mtr	21 Jun 2017	£650,000	First Sale
44 MERCHANT GATEFlat, LeaseholdArea: 116 Sq.mtr	21 Jun 2017	£650,000	First Sale
3 MERCHANT GATEFlat, LeaseholdArea: 49 Sq.mtr	21 Jun 2017	£200,000	First Sale

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

MERCHANT GATE, MK40 1AS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK40 1AS 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 1AS postcode.

Flat
- The average price is around £134,586 median price is £130,500 Standard Deviation is £67,729 with Total Sold: 1,916
- The Last 5 Year average price is £166,493 with Total Sold: 304
- 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)
Other
- The average price is around £1,273,758 median price is £381,000 Standard Deviation is £3,313,461 with Total Sold: 196
- The Last 5 Year average price is £872,382 with Total Sold: 89
- 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 , 71A HARPUR STREET: £257,000 (Sold on 21 Oct 2013)
Terraced
- The average price is around £139,514 median price is £120,000 Standard Deviation is £90,443 with Total Sold: 555
- The Last 5 Year average price is £239,498 with Total Sold: 52
- 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)
Semi-Detached
- The average price is around £192,999 median price is £145,000 Standard Deviation is £151,262 with Total Sold: 193
- The Last 5 Year average price is £358,426 with Total Sold: 34
- The most recent sale happened at this postcode is , 9 ALEXANDRA ROAD: £400,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 29 RUTLAND ROAD: £67,000 (Sold on 21 Apr 1995)
Detached
- The average price is around £312,425 median price is £245,000 Standard Deviation is £216,861 with Total Sold: 117
- The Last 5 Year average price is £489,024 with Total Sold: 38
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£183,938	£4,106	12
2023	£181,670	£3,026	50
2022	£175,389	£2,819	52
2021	£157,600	£2,587	82
2020	£162,409	£2,742	41
2019	£158,522	£2,662	67
2018	£174,490	£2,883	80
2017	£209,076	£3,280	123
2016	£149,541	£2,648	88
2015	£140,153	£2,365	92
2014	£117,897	£2,103	65
2013	£122,062	£2,000	68
2012	£134,006	£2,162	42
2011	£136,537	£2,234	55
2010	£121,513	£2,048	54
2009	£149,366	£2,292	84
2008	£157,348	£2,605	91
2007	£150,282	£2,488	123
2006	£123,114	£2,262	57
2005	£134,409	£2,287	81
2004	£108,989	£2,113	57
2003	£102,377	£1,937	77
2002	£107,138	£1,777	117
2001	£76,630	£1,443	87
2000	£70,006	£1,207	46
1999	£44,055	£909	43
1998	£56,127	£997	26
1997	£45,460	£833	24
1996	£56,844	£1,085	16
1995	£45,875	£844	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£933,250		2
2023	£1,122,165	£1,298	15
2022	£527,016	£2,468	21
2021	£1,408,459	£3,028	11
2020	£1,060,605		19
2019	£582,437		21
2018	£701,637	£30,000	39
2017	£2,354,764		27
2016	£2,830,766	£4,310	22
2015	£454,482		11
2014	£1,277,800		5
2013	£2,469,000	£9,847	3

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£350,000	£2,258	1
2023	£250,833	£3,242	6
2022	£233,557	£2,870	7
2021	£238,969	£2,531	16
2020	£223,773	£2,424	11
2019	£243,545	£2,355	11
2018	£237,456	£2,343	17
2017	£231,458	£2,495	12
2016	£193,139	£2,382	18
2015	£223,000	£1,463	9
2014	£142,960	£1,598	19
2013	£144,692	£1,861	13
2012	£205,023	£1,996	11
2011	£158,528	£1,621	18
2010	£152,583	£1,785	9
2009	£114,772	£1,266	11
2008	£162,750	£1,757	12
2007	£177,618	£1,799	27
2006	£201,483	£1,980	30
2005	£172,351	£1,871	32
2004	£154,297	£1,563	34
2003	£103,520	£1,183	25
2002	£116,332	£1,688	32
2001	£89,426	£1,073	25
2000	£77,380	£1,009	32
1999	£56,991	£665	28
1998	£61,571	£688	31
1997	£41,309	£406	16
1996	£38,935	£446	24
1995	£36,658	£412	18

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£383,333		3
2023	£348,749	£2,738	10
2022	£384,571	£3,197	7
2021	£241,000	£1,816	2
2020	£333,000	£2,301	5
2019	£387,143	£2,734	7
2018	£325,000	£1,637	3
2017	£355,200	£2,774	5
2016	£284,720	£2,350	5
2015	£317,500	£1,715	2
2014	£168,000	£1,243	2
2013	£312,000	£2,010	3
2012	£136,333	£2,471	3
2011	£213,000	£2,067	2
2010	£205,625	£1,653	4
2009	£135,000	£1,667	1
2008	£167,938	£1,544	8
2007	£230,727	£1,684	11
2006	£157,562	£1,773	8
2005	£132,843	£1,899	7
2004	£177,718	£1,501	20
2003	£128,814	£1,337	14
2002	£118,273	£733	11
2001	£96,246	£706	12
2000	£72,944	£572	9
1999	£164,135	£457	7
1998	£63,000	£378	6
1997	£66,471	£501	9
1996	£57,333		3
1995	£87,250		4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£430,585	£4,099	17
2022	£569,292	£3,952	17
2021	£465,000	£4,115	1
2020	£373,333	£2,331	3
2018	£502,500	£2,483	2
2016	£619,000	£1,996	2
2014	£240,333	£2,335	3
2013	£363,000	£767	1
2010	£455,833		3
2009	£258,225		2
2007	£372,500	£16,092	2
2006	£171,500	£1,851	2
2005	£285,000	£1,693	3
2004	£261,749	£2,436	8
2003	£178,999	£2,596	5
2002	£166,667	£2,329	6
2001	£365,167	£1,228	6
2000	£145,000	£1,183	6
1999	£153,190	£1,395	10
1998	£67,500	£879	4
1997	£98,317	£544	3
1996	£149,375	£543	8
1995	£158,333	£436	3

House Type in MK40 1AS area

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

Total	131
Flat	95
converted building	17
Terraced	9
Semi-detached	4
commercial building	4
Detached	1
Shared house	1
temporary structure	0

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 agency	44
Shared ownership: Shared ownership	28
Owned: Owns with a mortgage or loan	25
Owned: Owns outright	17
Social rented: Other social rented	14
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

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

1 person in household	60
2 people in household	53
4 people in household	7
3 people in household	5
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0