Housing Market Analysis for PARK AVENUE, MK40 2LR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £685,000 median price is £699,000 Standard Deviation is £309,763 with Total Sold: 6
    • The Last 5 Year average price is £1,050,000 with Total Sold: 1
    • 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 36 PARK AVENUE: £230,000 (Sold on 01 May 1998)
  • Flat
    • The average price is around £406,136 median price is £425,000 Standard Deviation is £138,836 with Total Sold: 11
    • The Last 5 Year average price is £590,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 1, 28 PARK AVENUE: £590,000 (Sold on 12 Sep 2019)
    • The first recorded sale happened at this postcode is FLAT 3, 28 PARK AVENUE: £185,000 (Sold on 29 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 2LR 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,050,0001
2015£992,000 £2,524 1
2009£900,000 £3,630 1
2000£469,000 £2,008 2
1998£230,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£590,000 £4,876 1
2018£567,500 £4,504 1
2016£530,000 £4,206 1
2015£510,000 £4,215 1
2014£487,500 £3,721 1
2011£425,000 £3,373 1
2006£390,0001
2004£300,0001
2003£287,5001
1999£195,000 £1,548 1
1998£185,0001

All the Sales in the PARK AVENUE, MK40 2LR

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

AddressSold DatePrice% Change
30 PARK AVENUEDetached, Freehold29 May 2024£1,050,000First Sale
FLAT 1, 28 PARK AVENUEFlat, LeaseholdArea: 121 Sq.mtrAge: 1967-197512 Sep 2019£590,00015.69%
01 Jul 2015£510,00077.39%
19 Nov 2003£287,500First Sale
FLAT 2, 28 PARK AVENUEFlat, LeaseholdArea: 126 Sq.mtrAge: 1967-197511 Jul 2018£567,50033.53%
04 Nov 2011£425,00041.67%
04 Jun 2004£300,000First Sale
FLAT 3, 28 PARK AVENUEFlat, LeaseholdArea: 126 Sq.mtrAge: 1967-197516 Aug 2016£530,00035.90%
29 Sep 2006£390,000100.00%
21 Jan 1999£195,0005.41%
29 May 1998£185,000First Sale
26 PARK AVENUEDetached, FreeholdArea: 393 Sq.mtrAge: before 190002 Sep 2015£992,000First Sale
FLAT 4, 28 PARK AVENUEFlat, LeaseholdArea: 131 Sq.mtrAge: 1967-197509 Jul 2014£487,500First Sale
35 PARK AVENUEDetached, FreeholdArea: 247.96 Sq.mtrAge: 1900-192920 Nov 2009£900,00080.72%
13 Dec 2000£498,000First Sale
37 PARK AVENUEDetached, Freehold12 Apr 2000£440,000First Sale
36 PARK AVENUEDetached, Freehold01 May 1998£230,000First Sale

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

PARK AVENUE, MK40 2LR Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £309,679 median price is £285,000 Standard Deviation is £185,996 with Total Sold: 261
    • The Last 5 Year average price is £511,989 with Total Sold: 46
    • The most recent sale happened at this postcode is , 6 ST MINVER ROAD: £510,000 (Sold on 30 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 £97,546 median price is £91,000 Standard Deviation is £60,702 with Total Sold: 979
    • The Last 5 Year average price is £168,437 with Total Sold: 96
    • The most recent sale happened at this postcode is , 57 DE PARYS AVENUE: £180,000 (Sold on 05 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT E, 10 ST ANDREWS ROAD: £24,750 (Sold on 25 Jan 1995)
  • Detached
    • The average price is around £416,303 median price is £368,000 Standard Deviation is £264,346 with Total Sold: 373
    • The Last 5 Year average price is £704,949 with Total Sold: 59
    • 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)
  • Other
    • The average price is around £548,486 median price is £301,021 Standard Deviation is £788,459 with Total Sold: 16
    • The Last 5 Year average price is £406,147 with Total Sold: 11
    • 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 , 6 ST MICHAELS ROAD: £500,000 (Sold on 04 Jul 2017)
  • Terraced
    • The average price is around £144,429 median price is £135,000 Standard Deviation is £89,236 with Total Sold: 7
    • The most recent sale happened at this postcode is , 8 GLEBE ROAD: £340,000 (Sold on 06 Apr 2004)
    • The first recorded sale happened at this postcode is , 36 ST MICHAELS ROAD: £97,000 (Sold on 30 May 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,000 £3,269 3
2023£411,667 £3,161 6
2022£456,750 £3,514 8
2021£543,792 £3,397 12
2020£558,750 £3,539 8
2019£604,667 £2,668 9
2018£547,188 £3,132 8
2017£457,750 £2,783 6
2016£484,375 £2,794 8
2015£474,938 £3,772 8
2014£373,550 £2,574 10
2013£341,667 £2,210 6
2012£329,667 £1,983 6
2011£317,161 £1,909 9
2010£328,612 £1,660 8
2009£329,167 £2,062 6
2008£200,833 £2,507 3
2007£352,188 £1,858 8
2006£321,521 £1,923 12
2005£311,700 £2,078 5
2004£245,181 £1,575 11
2003£272,222 £1,644 9
2002£203,398 £1,177 10
2001£196,496 £1,113 14
2000£224,494 £882 8
1999£121,527 £1,376 12
1998£124,146 £654 13
1997£103,361 £425 9
1996£95,684 £590 16
1995£115,620 £677 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£177,1673
2023£178,300 £3,415 15
2022£177,750 £3,503 18
2021£164,643 £3,336 21
2020£161,474 £2,977 19
2019£161,950 £3,079 20
2018£171,418 £3,162 29
2017£139,694 £2,866 18
2016£156,764 £2,710 39
2015£141,647 £2,495 29
2014£127,618 £2,163 30
2013£113,025 £2,237 20
2012£111,816 £2,072 15
2011£137,569 £2,027 18
2010£111,580 £1,940 20
2009£93,405 £1,943 20
2008£117,524 £2,176 21
2007£119,528 £2,495 35
2006£118,848 £2,089 47
2005£110,449 £2,064 39
2004£102,915 £1,980 51
2003£101,110 £1,856 61
2002£76,731 £1,481 60
2001£61,843 £1,154 59
2000£49,241 £1,084 43
1999£46,345 £842 52
1998£41,062 £734 54
1997£35,725 £713 60
1996£36,834 £645 35
1995£31,681 £591 28
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£663,750 £3,905 4
2023£774,875 £3,809 8
2022£831,929 £4,575 14
2021£695,583 £3,938 18
2020£630,438 £3,444 8
2019£503,857 £2,997 7
2018£537,585 £3,772 6
2017£702,979 £3,621 14
2016£684,285 £3,034 7
2015£551,847 £3,129 9
2014£516,000 £2,597 13
2013£400,526 £2,445 19
2012£445,000 £2,723 13
2011£496,722 £2,415 16
2010£513,000 £2,746 6
2009£456,400 £2,520 5
2008£456,667 £1,294 3
2007£477,125 £2,102 16
2006£412,071 £2,071 7
2005£450,647 £1,903 17
2004£371,867 £1,778 15
2003£326,032 £1,460 15
2002£315,948 £1,366 20
2001£304,821 £1,372 14
2000£257,000 £1,320 16
1999£185,868 £1,061 19
1998£177,779 £1,047 15
1997£142,816 £803 25
1996£110,454 £780 11
1995£134,962 £760 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£21,5002
2022£505,018 £1,851 4
2021£301,021 £2,360 2
2020£651,250 £2,549 2
2019£500,0001
2018£1,867,0002
2017£191,387 £4,348 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£340,0001
2001£60,0001
2000£156,0001
1999£58,000 £672 1
1998£165,0001
1996£116,000 £742 2

House Type in MK40 2LR area

The most common house types in the MK40 2LR 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 2LR 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