Housing Market Analysis for CAVES LANE, MK40 3DW

Are you looking to understand MK40 3DW 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 3DW area, explore the MK40 3DW Area information page.
For comprehensive crime statistics in the MK40 3DW area, explore the MK40 3DW Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK40 3DW postcode area, The average prices are as follows,

Detached
- The average price is around £259,906 median price is £238,750 Standard Deviation is £131,629 with Total Sold: 16
- The Last 5 Year average price is £490,833 with Total Sold: 3
- The most recent sale happened at this postcode is 29 CAVES LANE: £520,000 (Sold on 04 Aug 2023)
- The first recorded sale happened at this postcode is 47 CAVES LANE: £89,000 (Sold on 20 Jun 1997)
Semi-Detached
- The average price is around £194,562 median price is £178,500 Standard Deviation is £87,030 with Total Sold: 8
- The Last 5 Year average price is £325,000 with Total Sold: 2
- The most recent sale happened at this postcode is 45 CAVES LANE: £385,000 (Sold on 28 Oct 2022)
- The first recorded sale happened at this postcode is 25 CAVES LANE: £87,500 (Sold on 04 Sep 1997)
Terraced
- The average price is around £147,500 median price is £147,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 49 CAVES LANE: £147,500 (Sold on 23 Dec 2009)
- The first recorded sale happened at this postcode is 49 CAVES LANE: £147,500 (Sold on 23 Dec 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 3DW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£520,000	£3,023	1
2021	£430,000	£2,739	1
2019	£522,500	£3,438	1
2016	£340,000	£3,696	1
2014	£300,000	£2,117	1
2013	£236,250	£2,181	2
2011	£270,000	£1,862	1
2007	£250,000	£1,693	2
2005	£199,000		1
2002	£145,500		1
2000	£130,000	£855	1
1999	£122,000		1
1998	£118,000	£814	1
1997	£89,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£385,000	£4,096	1
2019	£265,000	£4,522	1
2013	£190,000	£3,242	1
2010	£167,000	£2,850	1
2008	£190,000	£1,827	1
2001	£147,000	£1,413	1
2000	£124,995		1
1997	£87,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£147,500		1

All the Sales in the CAVES LANE, MK40 3DW

See the table below for more details on the sold house prices in the MK40 3DW, Bedford postcode.

Address	Sold Date	Price	% Change
29 CAVES LANEDetached, FreeholdArea: 172 Sq.mtrAge: 1967-1975	04 Aug 2023	£520,000	First Sale
45 CAVES LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	28 Oct 2022	£385,000	First Sale
39 CAVES LANEDetached, FreeholdArea: 157 Sq.mtrAge: 1967-1975	25 Jun 2021	£430,000	First Sale
55 CAVES LANEDetached, FreeholdArea: 152 Sq.mtrAge: 1950-1966	10 Jun 2019	£522,500	301.92%
	30 Jun 2000	£130,000	First Sale
23 CAVES LANESemi-Detached, FreeholdArea: 58.6 Sq.mtrAge: 1967-1975	18 Mar 2019	£265,000	39.47%
	27 Sep 2013	£190,000	13.77%
	03 Mar 2010	£167,000	First Sale
53 CAVES LANEDetached, FreeholdArea: 92 Sq.mtrAge: 1950-1966	07 Oct 2016	£340,000	First Sale
61 CAVES LANEDetached, FreeholdArea: 141.73 Sq.mtrAge: 1976-1982	29 Jan 2014	£300,000	25.00%
	14 Jun 2007	£240,000	First Sale
27 CAVES LANEDetached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	07 Jun 2013	£235,000	23.68%
	08 May 2008	£190,000	29.25%
	06 Jul 2001	£147,000	First Sale
67 CAVES LANEDetached, FreeholdArea: 113 Sq.mtrAge: 1967-1975	02 May 2013	£237,500	First Sale
37 CAVES LANEDetached, FreeholdArea: 145 Sq.mtrAge: 1967-1975	05 Aug 2011	£270,000	128.81%
	24 Jun 1998	£118,000	First Sale
49 CAVES LANETerraced, Freehold	23 Dec 2009	£147,500	First Sale
43 CAVES LANEDetached, Freehold	08 Nov 2007	£260,000	First Sale
35 CAVES LANEDetached, Freehold	28 Oct 2005	£199,000	First Sale
47 CAVES LANEDetached, Freehold	16 Apr 2002	£145,500	63.48%
47 CAVES LANEDetached, Freehold	20 Jun 1997	£89,000	First Sale
33 CAVES LANESemi-Detached, Freehold	23 Jun 2000	£124,995	First Sale
65 CAVES LANEDetached, Freehold	24 Sep 1999	£122,000	First Sale
25 CAVES LANESemi-Detached, Freehold	04 Sep 1997	£87,500	First Sale

Check out the sold house prices near the MK40 3DW postcode. Properties currently for saleProperties currently for rent

CAVES LANE, MK40 3DW Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK40 3DW 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 3DW postcode.

Semi-Detached
- The average price is around £224,397 median price is £206,000 Standard Deviation is £128,515 with Total Sold: 1,115
- The Last 5 Year average price is £386,138 with Total Sold: 177
- The most recent sale happened at this postcode is , 75 CHILTERN AVENUE: £355,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 66 ROSAMOND ROAD: £69,000 (Sold on 09 Jan 1995)
Detached
- The average price is around £305,283 median price is £267,875 Standard Deviation is £184,417 with Total Sold: 534
- The Last 5 Year average price is £515,518 with Total Sold: 92
- The most recent sale happened at this postcode is , 46 POLHILL AVENUE: £762,000 (Sold on 26 Jul 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 £170,223 median price is £160,000 Standard Deviation is £94,740 with Total Sold: 859
- The Last 5 Year average price is £299,369 with Total Sold: 121
- The most recent sale happened at this postcode is , 78 DUDLEY STREET: £350,000 (Sold on 06 Jun 2024)
- The first recorded sale happened at this postcode is , 152 BOWER STREET: £47,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £98,963 median price is £98,500 Standard Deviation is £50,827 with Total Sold: 702
- The Last 5 Year average price is £162,318 with Total Sold: 88
- The most recent sale happened at this postcode is FLAT 5, 57 GOLDINGTON AVENUE: £115,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is FLAT 1, 75 GOLDINGTON ROAD: £25,750 (Sold on 04 Jan 1995)
Other
- The average price is around £271,449 median price is £253,000 Standard Deviation is £193,617 with Total Sold: 9
- The Last 5 Year average price is £271,449 with Total Sold: 9
- 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 , 178 GOLDINGTON ROAD: £625,000 (Sold on 05 Apr 2019)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£420,500	£3,075	10
2023	£386,971	£3,835	17
2022	£429,724	£4,181	29
2021	£378,988	£3,686	55
2020	£378,354	£3,434	24
2019	£361,333	£3,332	42
2018	£373,356	£3,249	38
2017	£354,048	£3,098	31
2016	£318,358	£3,132	26
2015	£295,844	£2,751	32
2014	£279,574	£2,561	33
2013	£252,536	£2,389	35
2012	£250,364	£2,113	34
2011	£233,873	£2,155	32
2010	£233,319	£2,035	39
2009	£212,580	£2,106	35
2008	£214,298	£2,196	31
2007	£248,797	£2,073	50
2006	£227,330	£1,958	41
2005	£190,289	£1,686	38
2004	£199,338	£1,909	44
2003	£185,166	£1,628	39
2002	£152,947	£1,432	49
2001	£129,453	£1,103	44
2000	£123,838	£1,073	35
1999	£93,028	£868	60
1998	£92,754	£738	47
1997	£81,216	£665	45
1996	£68,753	£630	45
1995	£71,610	£706	35

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,875	£3,505	8
2023	£483,229	£4,039	17
2022	£673,958	£4,500	12
2021	£502,492	£3,763	27
2020	£501,618	£3,146	17
2019	£463,955	£3,586	11
2018	£398,361	£3,613	18
2017	£503,531	£3,435	16
2016	£514,500	£3,317	10
2015	£402,932	£2,872	13
2014	£353,015	£2,850	17
2013	£328,667	£2,328	27
2012	£355,453	£2,554	16
2011	£387,469	£2,397	18
2010	£307,999	£2,414	5
2009	£256,923	£1,919	13
2008	£280,758	£2,305	13
2007	£351,540	£2,112	24
2006	£253,031	£2,238	16
2005	£301,674	£2,033	17
2004	£241,657	£1,876	21
2003	£231,370	£1,634	19
2002	£215,696	£1,537	38
2001	£183,573	£1,140	15
2000	£140,248	£950	21
1999	£140,291	£1,071	28
1998	£144,514	£976	18
1997	£118,745	£815	30
1996	£100,479	£861	12
1995	£96,409	£815	17

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£349,236	£4,334	7
2023	£339,767	£3,878	15
2022	£315,144	£3,861	24
2021	£306,548	£3,674	21
2020	£282,848	£3,274	23
2019	£263,742	£3,300	31
2018	£265,000	£3,278	25
2017	£300,750	£3,429	20
2016	£252,319	£2,917	28
2015	£232,361	£2,801	26
2014	£235,617	£2,574	17
2013	£212,628	£2,386	25
2012	£180,735	£2,209	17
2011	£195,239	£2,030	31
2010	£183,611	£2,227	18
2009	£164,125	£1,987	18
2008	£187,947	£2,246	19
2007	£191,230	£2,380	38
2006	£185,930	£2,038	38
2005	£160,282	£2,054	36
2004	£155,075	£2,018	38
2003	£150,456	£1,702	27
2002	£121,938	£1,498	74
2001	£101,932	£1,169	39
2000	£84,606	£950	32
1999	£72,647	£892	34
1998	£66,860	£774	44
1997	£56,000	£702	34
1996	£47,642	£607	35
1995	£49,150	£579	25

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£105,000	£2,111	2
2023	£177,133	£3,545	15
2022	£174,800	£3,600	20
2021	£156,947	£3,309	19
2020	£156,250	£3,046	18
2019	£151,893	£2,988	14
2018	£157,273	£3,255	11
2017	£132,960	£2,915	25
2016	£131,056	£2,699	34
2015	£138,325	£2,419	20
2014	£121,376	£2,200	22
2013	£106,967	£2,344	15
2012	£99,889	£2,138	9
2011	£109,225	£2,119	10
2010	£112,375	£1,992	10
2009	£106,136	£2,043	11
2008	£120,136	£2,263	11
2007	£132,039	£2,772	63
2006	£109,209	£2,388	34
2005	£101,714	£2,054	27
2004	£102,339	£2,155	39
2003	£95,380	£1,906	36
2002	£72,033	£1,513	36
2001	£58,447	£1,161	31
2000	£46,761	£1,016	27
1999	£38,488	£777	39
1998	£40,925	£689	32
1997	£33,274	£719	38
1996	£34,968	£619	14
1995	£29,904	£610	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£21,500		2
2022	£425,000		1
2021	£301,021	£2,360	2
2020	£226,500		2
2019	£460,000		2

House Type in MK40 3DW area

The most common house types in the MK40 3DW postcode area are Terraced (67), Detached (37), and Semi-detached (13).

Total	121
Terraced	67
Detached	37
Semi-detached	13
Flat	4
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Private rented: Private landlord or letting agency (41).

Owned: Owns outright	48
Private rented: Private landlord or letting agency	41
Owned: Owns with a mortgage or loan	28
Social rented: Other social rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK40 3DW have 1 person in household (47), and 2 people in household (39).

1 person in household	47
2 people in household	39
3 people in household	17
4 people in household	15
5 people in household	2
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0