Housing Market Analysis for PARK AVENUE, MK40 2LP

Are you looking to understand MK40 2LP 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 2LP area, explore the MK40 2LP Area information page.
For comprehensive crime statistics in the MK40 2LP area, explore the MK40 2LP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK40 2LP postcode area, The average prices are as follows,

  • Flat
    • The average price is around £128,500 median price is £112,000 Standard Deviation is £68,625 with Total Sold: 8
    • The Last 5 Year average price is £262,500 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 2, 24 PARK AVENUE: £262,500 (Sold on 15 Sep 2022)
    • The first recorded sale happened at this postcode is FLAT 1, 24 PARK AVENUE: £71,000 (Sold on 06 Oct 1995)
  • Detached
    • The average price is around £273,333 median price is £174,500 Standard Deviation is £200,185 with Total Sold: 3
    • The most recent sale happened at this postcode is 23 PARK AVENUE: £552,500 (Sold on 28 Jan 2005)
    • The first recorded sale happened at this postcode is 23 PARK AVENUE: £174,500 (Sold on 17 Apr 1998)
  • Semi-Detached
    • The average price is around £185,000 median price is £185,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 25 PARK AVENUE: £185,000 (Sold on 31 Jan 2001)
    • The first recorded sale happened at this postcode is 25 PARK AVENUE: £185,000 (Sold on 31 Jan 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 2LP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£262,500 £4,773 1
2005£145,0001
2003£128,0001
2001£144,2502
1999£66,5002
1995£71,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£552,5001
2000£93,0001
1998£174,5001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2001£185,000 £746 1

All the Sales in the PARK AVENUE, MK40 2LP

See the table below for more details on the sold house prices in the MK40 2LP, Bedford postcode.

AddressSold DatePrice% Change
FLAT 2, 24 PARK AVENUEFlat, LeaseholdArea: 55 Sq.mtrAge: before 190015 Sep 2022£262,500First Sale
FLAT 4, 24 PARK AVENUEFlat, Leasehold14 Oct 2005£145,00013.28%
31 Jul 2003£128,00044.63%
09 Feb 2001£88,500First Sale
23 PARK AVENUEDetached, Freehold28 Jan 2005£552,500216.62%
17 Apr 1998£174,500First Sale
FLAT 1, 24 PARK AVENUEFlat, Leasehold15 Oct 2001£200,000108.33%
15 Jan 1999£96,00035.21%
06 Oct 1995£71,000First Sale
25 PARK AVENUESemi-Detached, FreeholdArea: 248 Sq.mtrAge: before 190031 Jan 2001£185,000First Sale
24 PARK AVENUEDetached, Freehold28 Jan 2000£93,000First Sale
25AFlat, Leasehold30 Nov 1999£37,000First Sale

Check out the sold house prices near the MK40 2LP postcode. Properties currently for saleProperties currently for rent

PARK AVENUE, MK40 2LP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK40 2LP 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 2LP postcode.

  • Semi-Detached
    • The average price is around £301,821 median price is £267,500 Standard Deviation is £187,471 with Total Sold: 306
    • The Last 5 Year average price is £546,213 with Total Sold: 46
    • The most recent sale happened at this postcode is , 212 FOSTER HILL ROAD: £527,000 (Sold on 21 Aug 2024)
    • The first recorded sale happened at this postcode is , 14B PARK AVENUE: £169,000 (Sold on 10 Mar 1995)
  • Flat
    • The average price is around £95,640 median price is £89,250 Standard Deviation is £59,444 with Total Sold: 1,178
    • The Last 5 Year average price is £166,640 with Total Sold: 111
    • The most recent sale happened at this postcode is FLAT 2, 3 FOSTER HILL ROAD: £155,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is 1, TOWERS HOUSE, 1 PARK AVENUE: £53,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £432,113 median price is £385,000 Standard Deviation is £277,103 with Total Sold: 344
    • The Last 5 Year average price is £730,663 with Total Sold: 49
    • The most recent sale happened at this postcode is , 30 PARK AVENUE: £1,050,000 (Sold on 29 May 2024)
    • The first recorded sale happened at this postcode is , 90 KIMBOLTON ROAD: £215,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £153,690 median price is £149,250 Standard Deviation is £89,288 with Total Sold: 182
    • The Last 5 Year average price is £287,867 with Total Sold: 26
    • The most recent sale happened at this postcode is , 90 SALISBURY STREET: £325,000 (Sold on 22 May 2024)
    • The first recorded sale happened at this postcode is , 108 SALISBURY STREET: £42,000 (Sold on 06 Mar 1995)
  • Other
    • The average price is around £494,108 median price is £150,000 Standard Deviation is £713,583 with Total Sold: 21
    • The Last 5 Year average price is £373,135 with Total Sold: 12
    • The most recent sale happened at this postcode is , 81A GOLDINGTON AVENUE: £40,000 (Sold on 08 Sep 2023)
    • The first recorded sale happened at this postcode is , 41 - 45 DE PARYS AVENUE: £560,500 (Sold on 25 Sep 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£333,5002
2023£531,542 £3,525 7
2022£525,000 £3,493 9
2021£560,084 £3,188 12
2020£579,500 £3,282 6
2019£581,500 £2,693 10
2018£590,357 £3,132 7
2017£443,583 £2,533 6
2016£489,444 £2,839 9
2015£453,125 £3,386 12
2014£374,462 £2,431 13
2013£336,875 £1,849 8
2012£382,000 £1,866 5
2011£274,538 £1,619 13
2010£283,764 £1,647 11
2009£273,429 £1,867 7
2008£207,212 £1,643 4
2007£290,042 £1,631 12
2006£312,241 £1,897 17
2005£251,625 £1,862 8
2004£246,033 £1,762 15
2003£262,769 £1,676 13
2002£188,749 £1,128 12
2001£177,563 £1,119 15
2000£181,971 £924 12
1999£126,393 £1,299 11
1998£117,825 £607 12
1997£93,356 £486 16
1996£100,246 £506 14
1995£120,900 £575 8
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£153,300 £2,797 5
2023£177,206 £3,327 17
2022£177,310 £3,389 21
2021£171,700 £3,305 25
2020£157,047 £2,916 21
2019£154,727 £3,001 22
2018£170,475 £3,131 35
2017£144,396 £2,902 24
2016£152,234 £2,700 49
2015£132,359 £2,502 37
2014£127,501 £2,272 39
2013£112,978 £2,254 23
2012£114,736 £2,130 18
2011£132,961 £2,001 19
2010£112,524 £2,012 23
2009£91,733 £1,952 24
2008£110,962 £2,196 26
2007£120,412 £2,455 46
2006£117,960 £2,079 54
2005£108,955 £2,076 45
2004£103,679 £1,992 54
2003£100,210 £1,857 70
2002£75,970 £1,512 72
2001£58,577 £1,174 74
2000£47,468 £1,066 60
1999£44,016 £837 66
1998£39,917 £731 60
1997£35,086 £699 74
1996£35,711 £632 41
1995£32,440 £615 34
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£681,667 £3,905 3
2023£762,875 £3,759 8
2022£833,083 £4,693 12
2021£707,200 £3,917 15
2020£698,750 £3,484 6
2019£571,400 £2,979 5
2018£561,939 £3,716 8
2017£806,054 £3,652 13
2016£638,285 £2,839 7
2015£575,516 £3,204 8
2014£540,096 £2,715 13
2013£415,750 £2,439 16
2012£501,500 £2,894 11
2011£544,350 £2,466 13
2010£636,667 £2,947 6
2009£524,500 £2,875 3
2008£456,667 £1,294 3
2007£473,762 £2,081 17
2006£387,300 £1,708 5
2005£482,000 £1,925 15
2004£396,731 £1,841 13
2003£347,587 £1,582 17
2002£330,278 £1,349 18
2001£318,622 £1,331 16
2000£263,000 £1,644 13
1999£195,026 £1,084 19
1998£187,805 £1,042 17
1997£142,744 £781 24
1996£114,350 £780 10
1995£155,200 £709 10
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,0002
2023£318,750 £3,371 2
2022£329,000 £3,219 6
2021£247,083 £2,812 6
2020£225,800 £2,739 5
2019£318,308 £2,738 5
2018£230,0002
2017£262,500 £2,821 2
2016£220,750 £2,873 2
2015£209,056 £2,247 8
2014£188,700 £1,765 5
2013£157,000 £1,866 4
2012£168,900 £1,698 5
2011£243,317 £2,071 3
2010£169,0002
2009£202,665 £1,661 3
2008£170,000 £2,024 3
2007£189,238 £2,055 4
2006£181,200 £1,996 5
2005£167,773 £1,714 11
2004£171,227 £1,503 11
2003£163,500 £1,375 13
2002£125,600 £1,257 10
2001£111,190 £1,011 5
2000£78,100 £1,087 5
1999£62,000 £677 12
1998£72,830 £623 10
1997£50,245 £540 10
1996£57,885 £495 13
1995£42,378 £393 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£21,5002
2022£406,015 £1,851 5
2021£301,021 £2,360 2
2020£651,250 £2,549 2
2019£500,0001
2018£1,867,0002
2017£150,832 £3,841 5
2014£850,0001
2013£560,5001

House Type in MK40 2LP area

The most common house types in the MK40 2LP postcode area are Detached (51), Shared house (43), and Semi-detached (19).

Total131
Detached51
Shared house43
Semi-detached19
Flat15
converted building2
Terraced1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (39), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright39
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency27
Social rented: Other social rented23
Social rented: Rents from council or Local Authority4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the MK40 2LP have 1 person in household (58), and 2 people in household (35).

1 person in household58
2 people in household35
4 people in household21
3 people in household10
5 people in household6
6 people in household3
7 people in household1
0 people in household0
8 or more people in household0