Housing Market Analysis for MK40 1LT

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK40 1LT 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.

    All the Sales in the MK40 1LT

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

    AddressSold DatePrice% Change

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

    MK40 1LT Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £119,008 median price is £112,000 Standard Deviation is £65,046 with Total Sold: 2,386
      • The Last 5 Year average price is £158,055 with Total Sold: 414
      • The most recent sale happened at this postcode is FLAT 11, MERTON HOUSE, 14 DE PARYS AVENUE: £168,000 (Sold on 02 Aug 2024)
      • The first recorded sale happened at this postcode is , 72 SOVEREIGNS QUAY: £28,000 (Sold on 23 Feb 1995)
    • Terraced
      • The average price is around £142,931 median price is £118,000 Standard Deviation is £107,441 with Total Sold: 641
      • The Last 5 Year average price is £288,062 with Total Sold: 79
      • The most recent sale happened at this postcode is , 8C WARWICK AVENUE: £525,000 (Sold on 31 Jul 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 £221,359 median price is £171,000 Standard Deviation is £169,850 with Total Sold: 311
      • The Last 5 Year average price is £399,087 with Total Sold: 46
      • The most recent sale happened at this postcode is , 10C WARWICK AVENUE: £200,000 (Sold on 26 Jul 2024)
      • The first recorded sale happened at this postcode is , 1 CAVENDISH STREET: £45,500 (Sold on 22 Mar 1995)
    • Detached
      • The average price is around £354,927 median price is £288,500 Standard Deviation is £247,519 with Total Sold: 160
      • The Last 5 Year average price is £540,323 with Total Sold: 40
      • 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)
    • Other
      • The average price is around £1,152,179 median price is £345,000 Standard Deviation is £3,178,275 with Total Sold: 212
      • The Last 5 Year average price is £813,531 with Total Sold: 93
      • The most recent sale happened at this postcode is , 67A TAVISTOCK STREET: £250,000 (Sold on 13 Nov 2023)
      • The first recorded sale happened at this postcode is , WYVERN HOUSE, 53 - 57 BROMHAM ROAD: £1,200,000 (Sold on 11 Oct 2013)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£162,314 £2,971 27
    2023£157,791 £2,747 67
    2022£171,053 £3,015 85
    2021£151,966 £2,686 97
    2020£164,014 £2,744 55
    2019£146,736 £2,609 83
    2018£177,622 £3,083 112
    2017£201,204 £3,221 154
    2016£135,773 £2,476 112
    2015£129,058 £2,192 98
    2014£113,916 £1,994 65
    2013£112,159 £1,821 38
    2012£109,229 £1,971 24
    2011£129,012 £1,993 38
    2010£119,098 £1,859 38
    2009£143,846 £2,182 74
    2008£145,825 £2,366 81
    2007£134,014 £2,321 123
    2006£111,996 £2,119 98
    2005£110,039 £2,015 69
    2004£95,772 £1,939 80
    2003£96,120 £1,807 121
    2002£94,963 £1,634 165
    2001£65,393 £1,283 137
    2000£55,492 £998 86
    1999£41,363 £796 81
    1998£37,912 £660 52
    1997£34,861 £634 40
    1996£38,124 £763 53
    1995£34,256 £673 33
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£437,500 £2,258 2
    2023£287,375 £2,957 8
    2022£232,075 £3,199 12
    2021£320,833 £2,772 30
    2020£216,958 £2,334 12
    2019£304,633 £2,461 15
    2018£245,538 £2,549 20
    2017£228,409 £2,192 11
    2016£188,026 £2,290 19
    2015£217,750 £1,463 12
    2014£167,509 £1,752 25
    2013£113,778 £1,442 9
    2012£132,179 £1,498 7
    2011£134,806 £1,285 18
    2010£147,779 £1,521 10
    2009£132,542 £1,183 12
    2008£164,750 £1,839 14
    2007£183,006 £1,897 29
    2006£192,295 £1,982 39
    2005£176,217 £1,609 26
    2004£144,075 £1,378 32
    2003£105,483 £1,092 28
    2002£112,963 £1,358 37
    2001£91,054 £1,043 31
    2000£67,710 £948 34
    1999£55,824 £588 33
    1998£53,749 £485 38
    1997£44,776 £461 27
    1996£39,584 £418 30
    1995£36,990 £436 21
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£394,0005
    2023£420,307 £2,874 13
    2022£423,167 £2,979 6
    2021£476,750 £2,390 4
    2020£403,778 £2,808 9
    2019£316,000 £2,687 9
    2018£394,850 £2,839 10
    2017£414,182 £2,972 11
    2016£263,267 £2,071 6
    2015£365,313 £1,925 10
    2014£270,112 £1,694 5
    2013£315,500 £1,560 5
    2012£245,500 £2,402 6
    2011£314,704 £2,028 12
    2010£309,167 £1,731 9
    2009£325,833 £1,660 3
    2008£190,389 £1,530 9
    2007£229,691 £1,897 18
    2006£158,312 £1,858 8
    2005£193,717 £2,591 9
    2004£167,738 £1,270 21
    2003£115,119 £1,199 16
    2002£118,675 £1,083 20
    2001£116,615 £768 17
    2000£82,479 £977 12
    1999£136,227 £603 13
    1998£84,447 £438 12
    1997£74,807 £470 13
    1996£68,333 £391 9
    1995£79,091 £455 11
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£430,585 £4,099 17
    2022£582,233 £3,602 17
    2021£890,000 £2,297 2
    2020£653,750 £2,548 4
    2018£727,500 £2,602 2
    2017£452,500 £1,723 2
    2016£544,0002
    2015£225,0001
    2014£240,333 £2,335 3
    2013£363,000 £767 1
    2011£980,0001
    2010£530,664 £1,990 15
    2009£280,483 £1,012 3
    2008£345,833 £3,684 3
    2007£372,500 £16,092 2
    2006£252,429 £1,616 7
    2005£260,000 £1,089 4
    2004£237,599 £2,303 10
    2003£159,281 £1,497 7
    2002£215,714 £2,329 7
    2001£457,000 £695 5
    2000£293,454 £1,267 9
    1999£154,095 £1,494 10
    1998£133,083 £831 6
    1997£128,362 £544 4
    1996£226,591 £543 11
    1995£155,000 £436 5
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£991,889 £2,645 18
    2022£554,275 £5,394 23
    2021£1,110,044 £3,028 15
    2020£1,218,03315
    2019£460,678 £1,048 22
    2018£702,470 £15,924 39
    2017£1,769,874 £2,006 34
    2016£2,457,850 £1,071 24
    2015£464,93010
    2014£1,098,3508
    2013£2,151,750 £9,847 4

    House Type in MK40 1LT area

    The most common house types in the MK40 1LT postcode area are Flat (78), commercial building (6), and Detached (3).

    Total94
    Flat78
    commercial building6
    Detached3
    Semi-detached2
    Shared house2
    converted building2
    Terraced1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Other social rented (38), and Private rented: Private landlord or letting agency (24).

    Social rented: Other social rented38
    Private rented: Private landlord or letting agency24
    Social rented: Rents from council or Local Authority12
    Owned: Owns with a mortgage or loan9
    Private rented: Other private rented8
    Owned: Owns outright2
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the MK40 1LT have 1 person in household (61), and 2 people in household (20).

    1 person in household61
    2 people in household20
    3 people in household10
    4 people in household1
    5 people in household1
    7 people in household1
    0 people in household0
    6 people in household0
    8 or more people in household0