Housing Market Analysis for OBSERVER CLOSE, MK40 4EU

Are you looking to understand MK40 4EU 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 4EU area, explore the MK40 4EU Area information page.
For comprehensive crime statistics in the MK40 4EU area, explore the MK40 4EU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK40 4EU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £546,333 median price is £539,000 Standard Deviation is £38,887 with Total Sold: 6
    • The most recent sale happened at this postcode is 1 OBSERVER CLOSE: £500,000 (Sold on 28 Jan 2010)
    • The first recorded sale happened at this postcode is 4 OBSERVER CLOSE: £525,000 (Sold on 23 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 4EU 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
2010£500,000 £1,533 1
2007£625,0001
2004£542,667 £1,625 3
2003£525,0001

All the Sales in the OBSERVER CLOSE, MK40 4EU

See the table below for more details on the sold house prices in the MK40 4EU, Bedford postcode.

AddressSold DatePrice% Change
1 OBSERVER CLOSEDetached, FreeholdArea: 326.23 Sq.mtrAge: 2003-200628 Jan 2010£500,000-5.66%
18 Oct 2004£530,000First Sale
3 OBSERVER CLOSEDetached, Freehold20 Apr 2007£625,00013.64%
18 Feb 2004£550,000First Sale
2 OBSERVER CLOSEDetached, Freehold15 Jul 2004£548,000First Sale
4 OBSERVER CLOSEDetached, Freehold23 May 2003£525,000First Sale

Check out the sold house prices near the MK40 4EU postcode. Properties currently for saleProperties currently for rent

OBSERVER CLOSE, MK40 4EU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK40 4EU 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 4EU postcode.

  • Detached
    • The average price is around £412,552 median price is £394,998 Standard Deviation is £250,328 with Total Sold: 802
    • The Last 5 Year average price is £644,245 with Total Sold: 137
    • The most recent sale happened at this postcode is , 6 LUCAS COURT: £680,000 (Sold on 17 Sep 2024)
    • The first recorded sale happened at this postcode is , THE LAURELS DAYS LANE: £215,000 (Sold on 05 Jan 1995)
  • Terraced
    • The average price is around £164,985 median price is £148,000 Standard Deviation is £98,284 with Total Sold: 226
    • The Last 5 Year average price is £277,880 with Total Sold: 46
    • The most recent sale happened at this postcode is , 9 KING GEORGE AVENUE: £375,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 10 WOOD CLOSE: £57,000 (Sold on 05 Apr 1995)
  • Semi-Detached
    • The average price is around £235,372 median price is £258,000 Standard Deviation is £122,402 with Total Sold: 193
    • The Last 5 Year average price is £307,884 with Total Sold: 53
    • The most recent sale happened at this postcode is , 20 SUTHERLAND LANE: £360,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 18 WOOD CLOSE: £72,500 (Sold on 15 Mar 1995)
  • Flat
    • The average price is around £66,321 median price is £65,000 Standard Deviation is £32,434 with Total Sold: 7
    • The Last 5 Year average price is £119,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 104 DEEP SPINNEY: £119,000 (Sold on 09 Feb 2024)
    • The first recorded sale happened at this postcode is , 104 DEEP SPINNEY: £29,000 (Sold on 21 Sep 1998)
  • Other
    • The average price is around £2,557,867 median price is £137,813 Standard Deviation is £7,106,321 with Total Sold: 11
    • The Last 5 Year average price is £6,537,975 with Total Sold: 4
    • The most recent sale happened at this postcode is , 4 BROMHAM ROAD: £25,000,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is , 24 SEAFORTH GARDENS: £137,813 (Sold on 20 Oct 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£717,615 £4,235 13
2023£671,519 £4,446 13
2022£779,868 £4,511 19
2021£667,943 £3,962 35
2020£543,137 £3,745 18
2019£570,023 £3,604 39
2018£522,831 £3,447 64
2017£487,799 £3,484 57
2016£566,147 £3,304 27
2015£583,498 £3,031 23
2014£552,333 £2,967 18
2013£491,477 £2,359 22
2012£464,600 £2,570 15
2011£591,455 £2,697 11
2010£514,503 £2,942 16
2009£445,500 £2,190 9
2008£443,781 £2,415 16
2007£432,634 £2,319 22
2006£472,394 £2,468 35
2005£401,107 £2,048 23
2004£380,204 £2,519 24
2003£393,625 £1,544 20
2002£268,486 £1,752 28
2001£277,541 £1,484 22
2000£223,921 £1,471 19
1999£171,724 £1,165 23
1998£150,075 £973 26
1997£145,372 £972 57
1996£150,170 £877 48
1995£139,066 £862 40
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,500 £3,385 2
2023£276,143 £3,470 7
2022£269,571 £3,865 7
2021£284,458 £3,639 12
2020£274,248 £3,236 12
2019£277,165 £3,372 6
2018£306,457 £3,202 12
2017£249,366 £3,287 14
2016£256,464 £3,000 9
2015£147,500 £2,487 5
2014£188,667 £2,907 3
2013£177,600 £2,517 5
2012£161,000 £3,053 3
2011£153,667 £2,331 3
2010£136,300 £2,431 5
2009£139,000 £2,205 4
2008£184,975 £2,819 2
2007£144,779 £2,430 7
2006£163,736 £2,431 4
2005£125,044 £2,097 9
2004£135,180 £2,197 5
2003£125,170 £2,076 10
2002£84,000 £1,544 8
2001£89,666 £1,498 9
2000£76,070 £1,255 10
1999£66,444 £1,067 10
1998£71,921 £1,119 7
1997£60,462 £1,022 8
1996£58,987 £956 15
1995£60,530 £927 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£314,211 £4,200 6
2023£261,469 £3,889 8
2022£277,616 £3,501 8
2021£294,800 £3,451 10
2020£346,994 £3,536 13
2019£332,622 £3,639 8
2018£341,460 £3,577 15
2017£299,228 £3,548 13
2016£284,998 £3,531 8
2015£345,000 £3,370 3
2014£334,071 £3,068 7
2013£374,000 £2,845 2
2012£337,375 £2,730 4
2011£227,250 £2,587 4
2010£270,000 £1,636 1
2009£158,500 £3,108 1
2008£257,500 £2,393 2
2007£170,000 £3,204 3
2006£170,908 £2,441 6
2005£164,650 £2,434 10
2004£211,666 £2,575 6
2003£237,888 £2,068 4
2002£229,000 £1,689 2
2001£132,999 £1,600 7
2000£123,723 £1,352 11
1999£80,738 £1,303 4
1998£80,914 £1,055 7
1997£104,100 £926 5
1996£62,738 £867 8
1995£61,193 £914 7
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£119,0001
2018£105,000 £2,019 1
2005£70,000 £1,346 1
2004£65,000 £1,250 1
2001£45,000 £865 1
1999£31,250 £579 1
1998£29,000 £558 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£25,000,000 £391,850 1
2020£16,5001
2019£567,700 £12,853 2
2018£9,2501
2017£437,696 £3,609 4
2016£112,301 £1,432 2

House Type in MK40 4EU area

The most common house types in the MK40 4EU postcode area are Detached (125), Semi-detached (3), and Terraced (0).

Total128
Detached125
Semi-detached3
Terraced0
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (67), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright67
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency5
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the MK40 4EU have 2 people in household (59), and 3 people in household (22).

2 people in household59
3 people in household22
4 people in household19
1 person in household16
5 people in household7
6 people in household3
7 people in household1
8 or more people in household1
0 people in household0