Housing Market Analysis for MERCIA ROAD, MK40 4GR

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £152,099 median price is £145,000 Standard Deviation is £14,766 with Total Sold: 8
    • The Last 5 Year average price is £155,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MERCIA ROAD: £170,000 (Sold on 31 Oct 2023)
    • The first recorded sale happened at this postcode is 22 MERCIA ROAD: £145,000 (Sold on 18 Dec 2009)
  • Semi-Detached
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £20,000 with Total Sold: 2
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 MERCIA ROAD: £290,000 (Sold on 24 Apr 2020)
    • The first recorded sale happened at this postcode is 12 MERCIA ROAD: £249,999 (Sold on 04 Jun 2010)
  • Other
    • The average price is around £140,000 median price is £140,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GARAGE 22 MERCIA ROAD: £140,000 (Sold on 03 Dec 2019)
    • The first recorded sale happened at this postcode is GARAGE 22 MERCIA ROAD: £140,000 (Sold on 03 Dec 2019)
  • Terraced
    • The average price is around £119,000 median price is £119,000 Standard Deviation is £23,000 with Total Sold: 2
    • The Last 5 Year average price is £96,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 20 MERCIA ROAD: £96,000 (Sold on 14 Jun 2019)
    • The first recorded sale happened at this postcode is 10 MERCIA ROAD: £141,999 (Sold on 30 Jun 2010)
  • Detached
    • The average price is around £275,000 median price is £275,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 MERCIA ROAD: £275,000 (Sold on 19 Sep 2011)
    • The first recorded sale happened at this postcode is 8 MERCIA ROAD: £275,000 (Sold on 19 Sep 2011)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 4GR 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
2023£170,000 £3,148 1
2019£140,000 £2,414 1
2016£179,995 £3,333 1
2015£152,000 £2,646 2
2010£139,999 £2,593 1
2009£141,400 £2,503 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£290,000 £2,636 1
2010£249,999 £2,273 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£140,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£96,000 £1,443 1
2010£141,999 £2,328 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£275,000 £1,770 1

All the Sales in the MERCIA ROAD, MK40 4GR

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

AddressSold DatePrice% Change
2 MERCIA ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 2007-201131 Oct 2023£170,00017.24%
01 Sep 2015£145,0003.57%
19 Feb 2010£139,999First Sale
12 MERCIA ROADSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 2007 onwards24 Apr 2020£290,00016.00%
04 Jun 2010£249,999First Sale
22 MERCIA ROADFlat, LeaseholdArea: 58 Sq.mtrAge: 2007-201130 Dec 2019£140,000-3.45%
18 Dec 2009£145,000First Sale
GARAGE 22 MERCIA ROADOther, Leasehold03 Dec 2019£140,000First Sale
20 MERCIA ROADTerraced, LeaseholdArea: 66.52 Sq.mtr14 Jun 2019£96,000First Sale
6 MERCIA ROADFlat, LeaseholdArea: 54 Sq.mtrAge: 2007 onwards29 Jul 2016£179,995First Sale
10 MERCIA ROADFlat, FreeholdArea: 61 Sq.mtrAge: 2007-201130 Nov 2015£159,00011.97%
30 Jun 2010£141,999First Sale
8 MERCIA ROADDetached, FreeholdArea: 155.35 Sq.mtr19 Sep 2011£275,000First Sale
4 MERCIA ROADFlat, LeaseholdArea: 55 Sq.mtrAge: 2007 onwards18 Dec 2009£137,800First Sale

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

MERCIA ROAD, MK40 4GR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £231,777 median price is £245,997 Standard Deviation is £75,065 with Total Sold: 548
    • The Last 5 Year average price is £283,114 with Total Sold: 133
    • The most recent sale happened at this postcode is , 30 CANTLEY ROAD: £135,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 41 GREAT PORTWAY: £69,950 (Sold on 29 May 1998)
  • Detached
    • The average price is around £352,846 median price is £340,745 Standard Deviation is £147,582 with Total Sold: 580
    • The Last 5 Year average price is £466,664 with Total Sold: 124
    • The most recent sale happened at this postcode is , 37 HOVINGHAM DRIVE: £455,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 14 GREAT PORTWAY: £154,950 (Sold on 23 Dec 1997)
  • Semi-Detached
    • The average price is around £258,643 median price is £269,995 Standard Deviation is £71,746 with Total Sold: 454
    • The Last 5 Year average price is £313,342 with Total Sold: 121
    • The most recent sale happened at this postcode is , 29 EDITH AVENUE: £340,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 MENTMORE CLOSE: £85,000 (Sold on 27 Feb 1998)
  • Flat
    • The average price is around £183,802 median price is £192,748 Standard Deviation is £40,842 with Total Sold: 340
    • The Last 5 Year average price is £202,396 with Total Sold: 128
    • The most recent sale happened at this postcode is , 16 ARCHER STREET: £232,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 10 GREENKEEPERS ROAD: £159,995 (Sold on 29 May 2009)
  • Other
    • The average price is around £374,868 median price is £315,000 Standard Deviation is £346,198 with Total Sold: 9
    • The Last 5 Year average price is £397,342 with Total Sold: 6
    • The most recent sale happened at this postcode is , 90A SAXON WAY: £1,295,053 (Sold on 01 Sep 2022)
    • The first recorded sale happened at this postcode is , 2 HOVINGHAM DRIVE: £436,268 (Sold on 17 Nov 2017)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,000 £4,649 5
2023£302,500 £3,507 8
2022£316,904 £3,207 26
2021£286,917 £3,205 36
2020£280,138 £3,336 27
2019£250,224 £3,256 31
2018£281,319 £3,188 45
2017£276,591 £2,965 60
2016£262,361 £2,792 50
2015£232,067 £2,669 21
2014£235,338 £2,359 38
2013£205,871 £2,291 22
2012£229,274 £2,174 25
2011£181,683 £2,188 23
2010£211,931 £2,111 33
2009£183,545 £2,077 17
2008£149,995 £2,504 1
2007£160,625 £2,446 4
2006£163,875 £2,378 4
2005£158,000 £2,063 3
2004£155,990 £2,248 5
2003£135,499 £1,989 7
2002£106,932 £1,548 9
2001£98,958 £1,416 6
2000£93,886 £1,329 7
1999£80,019 £1,163 15
1998£77,643 £1,099 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£615,0003
2023£520,611 £3,667 9
2022£546,625 £3,495 8
2021£456,828 £3,407 41
2020£435,519 £3,450 25
2019£456,445 £3,073 38
2018£437,601 £3,302 48
2017£405,516 £3,644 50
2016£365,233 £5,274 42
2015£365,253 £3,497 41
2014£323,695 £3,235 42
2013£353,088 £2,396 25
2012£324,713 £2,214 20
2011£303,377 £2,180 9
2010£326,031 £3,980 17
2009£356,999 £2,184 7
2008£314,636 £2,521 7
2007£309,000 £2,508 5
2006£386,166 £2,327 6
2005£331,643 £2,212 7
2004£257,939 £1,977 9
2003£295,714 £1,980 7
2002£232,645 £1,798 12
2001£243,268 £1,634 11
2000£204,132 £1,407 11
1999£193,023 £1,242 44
1998£181,753 £1,090 35
1997£154,950 £1,174 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,8005
2023£328,150 £3,672 10
2022£354,735 £3,695 17
2021£291,982 £3,498 28
2020£305,151 £3,204 36
2019£308,697 £3,416 25
2018£295,948 £3,322 41
2017£296,733 £3,043 58
2016£265,561 £3,140 47
2015£258,723 £2,681 32
2014£241,875 £2,497 29
2013£207,542 £2,491 19
2012£217,501 £2,369 16
2011£225,537 £2,214 12
2010£211,957 £2,288 27
2009£194,663 £1,855 3
2007£202,317 £2,450 3
2006£181,498 £2,488 2
2005£172,983 £2,193 3
2004£171,290 £2,145 5
2003£135,0001
2002£122,786 £1,643 7
2001£120,500 £1,594 2
2000£112,950 £1,526 1
1999£87,674 £1,128 8
1998£91,682 £1,183 17
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£229,000 £3,135 5
2023£219,308 £3,741 12
2022£207,400 £3,379 25
2021£185,158 £2,893 23
2020£208,235 £3,406 21
2019£197,939 £3,292 42
2018£211,681 £3,270 43
2017£206,482 £3,266 36
2016£180,695 £3,107 28
2015£160,266 £2,662 27
2014£141,045 £2,412 11
2013£153,000 £2,264 3
2012£145,625 £2,539 4
2011£134,777 £2,337 28
2010£130,733 £4,639 22
2009£142,079 £2,420 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,295,053 £12,217 1
2021£315,000 £2,442 1
2019£193,500 £3,978 4
2018£276,748 £3,310 2
2017£436,268 £4,452 1

House Type in MK40 4GR area

The most common house types in the MK40 4GR postcode area are Terraced (72), Flat (41), and Semi-detached (22).

Total145
Terraced72
Flat41
Semi-detached22
Detached8
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (54), and Private rented: Private landlord or letting agency (34).

Owned: Owns with a mortgage or loan54
Private rented: Private landlord or letting agency34
Social rented: Other social rented27
Owned: Owns outright16
Shared ownership: Shared ownership7
Social rented: Rents from council or Local Authority4
Private rented: Other private rented4
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK40 4GR have 2 people in household (52), and 1 person in household (38).

2 people in household52
1 person in household38
3 people in household24
4 people in household15
5 people in household9
6 people in household7
7 people in household2
0 people in household0
8 or more people in household0