Housing Market Analysis for MK40 1LY

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK40 1LY 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 1LY

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

    AddressSold DatePrice% Change

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

    MK40 1LY Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £122,275 median price is £115,000 Standard Deviation is £70,526 with Total Sold: 1,956
      • The Last 5 Year average price is £162,403 with Total Sold: 323
      • 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 , 107 SOVEREIGNS QUAY: £90,500 (Sold on 24 Mar 1995)
    • Semi-Detached
      • The average price is around £255,744 median price is £195,625 Standard Deviation is £206,581 with Total Sold: 370
      • The Last 5 Year average price is £518,481 with Total Sold: 49
      • 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 , 1 CAVENDISH STREET: £45,500 (Sold on 22 Mar 1995)
    • Other
      • The average price is around £1,105,257 median price is £335,844 Standard Deviation is £3,144,441 with Total Sold: 214
      • The Last 5 Year average price is £745,608 with Total Sold: 94
      • 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 £154,973 median price is £127,000 Standard Deviation is £114,209 with Total Sold: 766
      • The Last 5 Year average price is £294,465 with Total Sold: 84
      • The most recent sale happened at this postcode is , 1 WATERLOO ROAD: £690,000 (Sold on 28 Mar 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 £384,544 median price is £296,250 Standard Deviation is £314,527 with Total Sold: 168
      • The Last 5 Year average price is £799,118 with Total Sold: 17
      • The most recent sale happened at this postcode is , 1B ROTHSAY PLACE: £525,000 (Sold on 17 Nov 2023)
      • The first recorded sale happened at this postcode is , 54 DE PARYS AVENUE: £175,000 (Sold on 24 Mar 1995)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£165,249 £3,212 19
    2023£183,574 £3,187 47
    2022£168,671 £2,942 63
    2021£156,668 £2,759 79
    2020£161,622 £2,759 43
    2019£149,104 £2,691 72
    2018£176,293 £2,867 63
    2017£210,477 £3,275 136
    2016£142,879 £2,651 115
    2015£135,626 £2,412 78
    2014£129,006 £2,217 56
    2013£122,716 £1,981 35
    2012£131,346 £2,172 26
    2011£148,000 £2,192 31
    2010£128,538 £2,038 25
    2009£149,075 £2,231 73
    2008£148,051 £2,226 76
    2007£145,728 £2,351 90
    2006£116,045 £2,222 72
    2005£118,414 £2,215 72
    2004£96,700 £1,869 65
    2003£96,007 £1,847 93
    2002£77,510 £1,578 98
    2001£68,102 £1,338 125
    2000£59,887 £1,066 85
    1999£43,878 £819 68
    1998£38,584 £700 42
    1997£36,480 £670 43
    1996£38,046 £729 49
    1995£38,526 £668 17
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£440,875 £4,672 6
    2023£434,080 £3,038 10
    2022£643,000 £3,563 9
    2021£628,250 £2,925 6
    2020£531,500 £3,039 6
    2019£472,833 £2,921 12
    2018£420,833 £3,352 6
    2017£419,000 £2,572 4
    2016£380,943 £2,520 7
    2015£426,075 £2,264 15
    2014£372,618 £2,247 9
    2013£358,000 £1,885 9
    2012£276,800 £2,935 5
    2011£311,769 £2,296 13
    2010£248,667 £1,665 6
    2009£329,500 £1,810 5
    2008£272,045 £2,216 11
    2007£275,339 £1,759 22
    2006£225,576 £2,192 19
    2005£209,554 £2,558 13
    2004£198,354 £1,334 24
    2003£206,272 £1,502 18
    2002£163,720 £1,129 25
    2001£149,998 £927 21
    2000£97,082 £810 19
    1999£122,660 £562 18
    1998£107,933 £538 15
    1997£95,089 £577 14
    1996£77,745 £409 12
    1995£99,727 £512 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£933,2502
    2023£619,495 £2,645 20
    2022£610,000 £1,195 21
    2021£996,733 £4,027 15
    2020£1,258,393 £652 14
    2019£475,10122
    2018£678,556 £8,717 41
    2017£1,860,707 £2,375 31
    2016£2,376,136 £1,071 25
    2015£455,93010
    2014£1,105,6258
    2013£1,625,500 £6,050 5
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£690,000 £3,988 1
    2023£312,400 £3,508 10
    2022£311,893 £3,714 18
    2021£287,393 £3,030 28
    2020£242,400 £3,031 15
    2019£302,000 £2,856 12
    2018£266,221 £2,814 26
    2017£274,571 £2,758 14
    2016£234,841 £2,796 22
    2015£253,615 £2,332 13
    2014£177,284 £1,998 29
    2013£185,692 £1,690 13
    2012£166,173 £2,247 13
    2011£144,204 £1,595 22
    2010£203,699 £1,860 14
    2009£150,694 £1,592 18
    2008£153,679 £1,975 14
    2007£193,781 £1,796 31
    2006£199,674 £2,091 43
    2005£181,713 £1,949 31
    2004£162,532 £1,465 44
    2003£121,912 £1,368 34
    2002£127,253 £1,416 47
    2001£101,867 £1,096 41
    2000£70,677 £986 35
    1999£66,867 £664 40
    1998£64,517 £543 39
    1997£50,406 £582 34
    1996£49,209 £476 38
    1995£44,928 £472 27
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£626,000 £5,060 5
    2022£969,286 £3,693 7
    2021£900,000 £2,617 2
    2020£715,000 £2,503 2
    2019£440,000 £3,099 1
    2018£550,000 £2,903 3
    2017£623,125 £3,069 4
    2016£674,600 £2,761 5
    2015£496,000 £2,883 5
    2014£375,850 £2,620 5
    2012£732,500 £2,597 1
    2011£661,250 £2,898 4
    2010£505,708 £2,711 6
    2009£227,1503
    2008£391,000 £2,989 5
    2007£325,000 £9,012 3
    2006£289,572 £2,391 9
    2005£559,062 £2,259 8
    2004£301,111 £1,478 9
    2003£220,831 £1,880 9
    2002£242,400 £2,329 10
    2001£438,912 £1,754 12
    2000£225,256 £1,260 14
    1999£195,617 £1,419 12
    1998£373,500 £1,005 2
    1997£128,075 £511 6
    1996£148,562 £543 8
    1995£181,062 £659 8

    House Type in MK40 1LY area

    The most common house types in the MK40 1LY postcode area are Flat (108), commercial building (34), and converted building (15).

    Total167
    Flat108
    commercial building34
    converted building15
    Shared house6
    Semi-detached2
    Detached1
    Terraced1
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (118), and Social rented: Other social rented (21).

    Private rented: Private landlord or letting agency118
    Social rented: Other social rented21
    Owned: Owns with a mortgage or loan11
    Owned: Owns outright8
    Private rented: Other private rented7
    Social rented: Rents from council or Local Authority3
    Lives rent free1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the MK40 1LY have 1 person in household (77), and 2 people in household (57).

    1 person in household77
    2 people in household57
    3 people in household16
    4 people in household12
    5 people in household3
    6 people in household1
    0 people in household0
    7 people in household0
    8 or more people in household0