Housing Market Analysis for COMMERCIAL ROAD, MK40 1RB

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £112,245 median price is £123,000 Standard Deviation is £37,671 with Total Sold: 11
    • The most recent sale happened at this postcode is 29 COMMERCIAL ROAD: £157,250 (Sold on 07 Nov 2018)
    • The first recorded sale happened at this postcode is 29 COMMERCIAL ROAD: £51,000 (Sold on 02 Oct 1998)
  • Semi-Detached
    • The average price is around £44,750 median price is £44,750 Standard Deviation is £12,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 15 COMMERCIAL ROAD: £57,000 (Sold on 03 Jan 2001)
    • The first recorded sale happened at this postcode is 15 COMMERCIAL ROAD: £32,500 (Sold on 05 Nov 1999)
  • Detached
    • The average price is around £500 median price is £500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 35 COMMERCIAL ROAD: £500 (Sold on 12 Apr 1999)
    • The first recorded sale happened at this postcode is 35 COMMERCIAL ROAD: £500 (Sold on 12 Apr 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 1RB 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£157,250 £1,918 1
2014£128,500 £1,429 2
2005£136,2502
2004£120,975 £1,834 2
2003£120,0001
2002£67,498 £1,108 2
1998£51,000 £622 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£57,000 £640 1
1999£32,500 £365 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£5001

All the Sales in the COMMERCIAL ROAD, MK40 1RB

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

AddressSold DatePrice% Change
29 COMMERCIAL ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-192907 Nov 2018£157,2504.83%
04 Apr 2004£150,000194.12%
02 Oct 1998£51,000First Sale
13 COMMERCIAL ROADTerraced, FreeholdArea: 91 Sq.mtrAge: before 190001 Sep 2014£123,000First Sale
15 COMMERCIAL ROADTerraced, FreeholdArea: 89 Sq.mtrAge: before 190024 Jul 2014£134,000135.09%
03 Jan 2001£57,00075.38%
05 Nov 1999£32,500First Sale
19 COMMERCIAL ROADTerraced, Freehold28 Apr 2005£130,0008.33%
05 Sep 2003£120,000First Sale
11 COMMERCIAL ROADTerraced, Freehold18 Feb 2005£142,500First Sale
21A COMMERCIAL ROADTerraced, FreeholdArea: 50 Sq.mtrAge: 1996-200212 May 2004£91,950162.71%
16 Oct 2002£35,000First Sale
21 COMMERCIAL ROADTerraced, FreeholdArea: 66 Sq.mtrAge: 1900-192918 Oct 2002£99,995First Sale
35 COMMERCIAL ROADDetached, Freehold12 Apr 1999£500First Sale

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

COMMERCIAL ROAD, MK40 1RB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £127,735 median price is £129,950 Standard Deviation is £61,929 with Total Sold: 2,495
    • The Last 5 Year average price is £158,787 with Total Sold: 410
    • The most recent sale happened at this postcode is , 65 HENLEY ROAD: £133,000 (Sold on 29 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 £951,959 median price is £330,000 Standard Deviation is £2,223,551 with Total Sold: 169
    • The Last 5 Year average price is £704,479 with Total Sold: 72
    • 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 £139,121 median price is £122,000 Standard Deviation is £88,303 with Total Sold: 519
    • The Last 5 Year average price is £233,214 with Total Sold: 51
    • 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 £190,019 median price is £145,000 Standard Deviation is £140,615 with Total Sold: 209
    • The Last 5 Year average price is £341,819 with Total Sold: 36
    • 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 , 16 WOBURN ROAD: £80,000 (Sold on 24 Mar 1995)
  • Detached
    • The average price is around £305,378 median price is £215,000 Standard Deviation is £210,275 with Total Sold: 109
    • The Last 5 Year average price is £484,287 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£158,094 £3,722 16
2023£166,412 £2,923 71
2022£165,766 £2,840 80
2021£155,160 £2,612 112
2020£157,579 £2,664 54
2019£150,774 £2,619 77
2018£167,419 £2,839 117
2017£199,952 £3,188 149
2016£138,602 £2,557 125
2015£137,198 £2,287 111
2014£115,633 £2,058 91
2013£121,332 £2,069 106
2012£129,961 £2,135 45
2011£130,369 £2,213 57
2010£117,521 £2,026 58
2009£143,706 £2,265 86
2008£153,218 £2,560 97
2007£142,526 £2,490 146
2006£126,486 £2,366 129
2005£131,508 £2,258 100
2004£107,949 £2,034 89
2003£95,602 £1,826 97
2002£103,780 £1,716 127
2001£70,715 £1,382 109
2000£60,136 £1,067 60
1999£38,826 £811 62
1998£41,122 £780 43
1997£40,020 £750 25
1996£38,912 £788 28
1995£37,241 £723 28
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£933,2502
2023£762,492 £1,298 11
2022£509,281 £5,394 19
2021£1,348,914 £3,028 11
2020£494,62512
2019£589,33517
2018£738,681 £15,924 35
2017£1,431,86425
2016£1,648,085 £4,310 22
2015£433,8119
2014£409,7504
2013£3,353,500 £9,847 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,000 £2,258 1
2023£250,833 £3,242 6
2022£228,100 £3,020 9
2021£245,219 £2,525 16
2020£212,350 £2,363 10
2019£215,444 £2,274 9
2018£229,047 £2,348 16
2017£239,091 £2,547 11
2016£193,139 £2,382 18
2015£224,500 £1,463 10
2014£147,118 £1,583 19
2013£138,727 £1,916 11
2012£150,688 £1,785 8
2011£135,531 £1,467 16
2010£143,321 £1,798 7
2009£103,250 £1,214 10
2008£153,318 £1,744 11
2007£175,696 £1,860 25
2006£201,600 £2,024 30
2005£178,067 £1,954 38
2004£158,232 £1,665 34
2003£95,197 £1,209 23
2002£114,419 £1,646 29
2001£90,833 £1,078 23
2000£73,333 £1,017 26
1999£52,012 £640 21
1998£57,186 £648 31
1997£43,291 £406 17
1996£37,500 £452 19
1995£31,490 £412 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£442,5004
2023£353,408 £2,758 11
2022£395,875 £2,997 8
2021£241,000 £1,816 2
2020£268,000 £1,964 5
2019£276,500 £2,235 6
2018£324,167 £1,777 3
2017£295,250 £2,180 4
2016£270,267 £1,919 6
2015£465,276 £1,666 5
2014£222,000 £1,258 3
2013£196,500 £1,579 2
2012£136,333 £2,471 3
2011£283,750 £1,423 4
2010£191,000 £1,653 3
2009£135,000 £1,667 1
2008£139,333 £933 6
2007£233,496 £1,892 15
2006£144,357 £1,691 7
2005£155,300 £1,853 8
2004£170,993 £1,455 20
2003£111,117 £1,088 12
2002£102,846 £761 13
2001£100,425 £684 14
2000£83,556 £977 9
1999£172,714 £492 7
1998£77,444 £416 9
1997£60,061 £408 8
1996£70,0005
1995£70,000 £391 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£430,585 £4,099 17
2022£569,292 £3,952 17
2021£327,500 £2,916 2
2020£375,000 £2,267 2
2018£502,500 £2,483 2
2016£327,9991
2014£240,333 £2,335 3
2013£363,000 £767 1
2010£302,5002
2009£306,4501
2007£372,500 £16,092 2
2006£164,500 £1,739 4
2005£285,000 £1,693 3
2004£200,482 £2,321 6
2003£157,710 £2,062 7
2002£172,5005
2001£365,167 £1,228 6
2000£150,000 £1,180 4
1999£173,429 £1,516 7
1998£70,500 £915 5
1997£99,950 £505 1
1996£149,375 £543 8
1995£158,333 £436 3

House Type in MK40 1RB area

The most common house types in the MK40 1RB 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 1RB 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