Housing Market Analysis for FAIRFAX ROAD, MK40 4LS

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

Overview of Sold House prices

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

Terraced
- The average price is around £126,960 median price is £127,000 Standard Deviation is £71,011 with Total Sold: 25
- The Last 5 Year average price is £233,100 with Total Sold: 5
- The most recent sale happened at this postcode is 16 FAIRFAX ROAD: £271,000 (Sold on 09 Feb 2023)
- The first recorded sale happened at this postcode is 1 FAIRFAX ROAD: £254,500 (Sold on 08 Feb 2024)
Semi-Detached
- The average price is around £64,350 median price is £54,500 Standard Deviation is £30,260 with Total Sold: 5
- The most recent sale happened at this postcode is 4 FAIRFAX ROAD: £115,500 (Sold on 17 Mar 2006)
- The first recorded sale happened at this postcode is 18 FAIRFAX ROAD: £24,000 (Sold on 30 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 4LS 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£271,000	£3,226	1
2022	£240,000	£2,927	1
2020	£235,000	£2,798	1
2019	£165,000	£1,875	1
2018	£195,000	£2,321	1
2016	£151,500	£1,856	2
2015	£151,000	£1,588	2
2014	£125,000	£1,786	1
2012	£127,000	£1,512	1
2009	£112,500	£1,372	2
2007	£124,500	£1,660	1
2006	£137,000	£1,631	1
2003	£72,000	£867	1
2002	£86,995	£1,036	1
2001	£61,000	£676	2
2000	£42,000		1
1999	£48,000	£608	1
1998	£40,000		1
1996	£29,500		2
2024	£254,500		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£115,500		1
2002	£74,750		1
2001	£54,500		1
2000	£53,000		1
1995	£24,000	£300	1

All the Sales in the FAIRFAX ROAD, MK40 4LS

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

Address	Sold Date	Price	% Change
16 FAIRFAX ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	09 Feb 2023	£271,000	15.32%
	06 Nov 2020	£235,000	42.42%
	27 Apr 2016	£165,000	-4.07%
	02 Oct 2015	£172,000	25.55%
	14 Feb 2006	£137,000	57.48%
	04 Oct 2002	£86,995	First Sale
12 FAIRFAX ROADTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	24 Aug 2022	£240,000	First Sale
21 FAIRFAX ROADTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	22 May 2019	£165,000	First Sale
11 FAIRFAX ROADTerraced, FreeholdArea: 84 Sq.mtrAge: 1900-1929	23 Mar 2018	£195,000	53.54%
	30 May 2012	£127,000	First Sale
9 FAIRFAX ROADTerraced, FreeholdArea: 79 Sq.mtrAge: 1900-1929	28 Jul 2016	£138,000	187.50%
	29 Oct 1999	£48,000	First Sale
19 FAIRFAX ROADTerraced, FreeholdArea: 115.12 Sq.mtrAge: before 1900	22 Jun 2015	£130,000	First Sale
8 FAIRFAX ROADTerraced, FreeholdArea: 70 Sq.mtrAge: 1900-1929	17 Oct 2014	£125,000	0.40%
	18 May 2007	£124,500	118.42%
	13 Jul 2001	£57,000	First Sale
3 FAIRFAX ROADTerraced, FreeholdArea: 82 Sq.mtrAge: before 1900	07 Aug 2009	£135,000	50.00%
	04 Feb 2009	£90,000	First Sale
4 FAIRFAX ROADSemi-Detached, Freehold	17 Mar 2006	£115,500	117.92%
4 FAIRFAX ROADSemi-Detached, Freehold	04 Aug 2000	£53,000	First Sale
1 FAIRFAX ROADTerraced, FreeholdArea: 83 Sq.mtrAge: 1900-1929	01 Jul 2003	£72,000	-71.71%
	08 Feb 2024	£254,500	First Sale
2 FAIRFAX ROADSemi-Detached, Freehold	13 Jun 2002	£74,750	37.16%
2 FAIRFAX ROADSemi-Detached, Freehold	16 Feb 2001	£54,500	First Sale
10 FAIRFAX ROADTerraced, FreeholdArea: 109.7 Sq.mtr	23 Feb 2001	£65,000	First Sale
17 FAIRFAX ROADTerraced, Freehold	14 Nov 2000	£42,000	First Sale
15 FAIRFAX ROADTerraced, Freehold	16 Oct 1998	£40,000	First Sale
5 FAIRFAX ROADTerraced, Freehold	09 Aug 1996	£32,000	First Sale
6 FAIRFAX ROADTerraced, Freehold	29 Mar 1996	£27,000	First Sale
18 FAIRFAX ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1930-1949	30 Jun 1995	£24,000	First Sale

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

FAIRFAX ROAD, MK40 4LS Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £154,071 median price is £137,000 Standard Deviation is £93,087 with Total Sold: 779
- The Last 5 Year average price is £282,576 with Total Sold: 114
- The most recent sale happened at this postcode is , 5 CROMWELL ROAD: £195,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 2 CUTCLIFFE GROVE: £68,000 (Sold on 04 Jan 1995)
Flat
- The average price is around £99,950 median price is £105,942 Standard Deviation is £45,584 with Total Sold: 1,004
- The Last 5 Year average price is £139,834 with Total Sold: 130
- The most recent sale happened at this postcode is , 65 HENLEY ROAD: £133,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 2, GERALD COURT, 178 HURST GROVE: £31,950 (Sold on 03 Feb 1995)
Terraced
- The average price is around £110,669 median price is £102,000 Standard Deviation is £70,987 with Total Sold: 1,516
- The Last 5 Year average price is £222,788 with Total Sold: 168
- The most recent sale happened at this postcode is , 94 HONEY HILL ROAD: £263,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 25 HONEY HILL ROAD: £27,000 (Sold on 11 Jan 1995)
Detached
- The average price is around £241,664 median price is £192,475 Standard Deviation is £160,036 with Total Sold: 152
- The Last 5 Year average price is £457,848 with Total Sold: 40
- The most recent sale happened at this postcode is , 146 HURST GROVE: £548,000 (Sold on 01 Feb 2024)
- The first recorded sale happened at this postcode is , 3 CUTCLIFFE GARDENS: £65,000 (Sold on 25 Aug 1995)
Other
- The average price is around £2,189,326 median price is £370,000 Standard Deviation is £5,663,855 with Total Sold: 51
- The Last 5 Year average price is £3,180,120 with Total Sold: 34
- The most recent sale happened at this postcode is , CHARLES WELLS LTD HAVELOCK STREET: £18,474,844 (Sold on 29 Dec 2022)
- The first recorded sale happened at this postcode is , 30 OLD FORD END ROAD: £80,000 (Sold on 04 Nov 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,714		7
2023	£323,624	£3,052	20
2022	£306,403	£3,220	19
2021	£281,425	£2,857	20
2020	£259,261	£2,706	23
2019	£237,720	£2,571	25
2018	£289,207	£2,606	15
2017	£242,333	£2,816	18
2016	£226,445	£2,519	19
2015	£232,123	£2,133	22
2014	£169,725	£1,851	20
2013	£174,156	£1,793	16
2012	£153,230	£1,830	15
2011	£174,969	£1,746	18
2010	£148,000	£1,488	12
2009	£154,182	£1,638	11
2008	£177,972	£1,473	20
2007	£193,957	£1,924	39
2006	£163,777	£1,729	48
2005	£150,255	£1,673	36
2004	£134,357	£1,447	46
2003	£120,011	£1,172	44
2002	£99,272	£1,045	44
2001	£94,051	£869	37
2000	£69,012	£788	36
1999	£64,698	£636	31
1998	£58,807	£593	40
1997	£54,427	£513	27
1996	£50,952	£509	27
1995	£50,281	£472	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£147,625		6
2023	£140,060	£2,732	25
2022	£148,712	£2,995	34
2021	£132,944	£2,512	27
2020	£143,545	£2,396	23
2019	£122,933	£2,419	15
2018	£140,669	£2,684	37
2017	£138,575	£2,617	33
2016	£116,054	£2,371	39
2015	£107,958	£1,920	36
2014	£104,669	£1,878	28
2013	£91,056	£1,635	18
2012	£100,625	£1,900	12
2011	£87,368	£1,688	11
2010	£100,833	£1,848	12
2009	£96,423	£1,817	13
2008	£120,003	£2,406	29
2007	£112,083	£2,395	57
2006	£131,534	£2,465	147
2005	£122,152	£2,272	69
2004	£89,393	£1,836	35
2003	£72,270	£1,471	42
2002	£70,024	£1,318	56
2001	£44,823	£972	37
2000	£42,314	£802	43
1999	£31,533	£641	30
1998	£32,435	£616	30
1997	£28,543	£608	21
1996	£25,815	£529	20
1995	£28,839	£594	19

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,900	£2,398	15
2023	£233,315	£2,923	27
2022	£239,792	£3,047	36
2021	£230,613	£2,584	38
2020	£195,335	£2,468	27
2019	£190,220	£2,288	25
2018	£192,819	£2,387	27
2017	£197,610	£2,491	41
2016	£177,940	£2,221	34
2015	£164,977	£1,886	38
2014	£133,644	£1,761	40
2013	£125,840	£1,700	25
2012	£123,618	£1,542	17
2011	£129,306	£1,500	25
2010	£126,636	£1,622	29
2009	£114,539	£1,438	32
2008	£151,107	£1,632	43
2007	£160,752	£1,905	72
2006	£149,260	£1,730	74
2005	£125,775	£1,668	73
2004	£106,991	£1,396	71
2003	£92,002	£1,195	76
2002	£77,505	£985	87
2001	£61,506	£794	82
2000	£52,854	£744	84
1999	£44,355	£603	85
1998	£42,326	£523	72
1997	£37,816	£476	88
1996	£33,251	£427	69
1995	£31,287	£421	64

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£548,000		1
2023	£424,719	£3,780	18
2022	£512,711	£3,805	14
2021	£445,750	£3,166	4
2020	£325,000	£2,621	1
2019	£417,500	£3,464	2
2018	£268,750	£3,901	4
2016	£272,333	£3,064	3
2015	£198,000	£3,435	6
2014	£190,228	£1,815	5
2013	£283,500	£1,705	3
2012	£201,000	£1,929	3
2011	£135,500	£1,458	3
2010	£214,667	£1,627	3
2009	£162,083	£2,288	3
2008	£150,000	£1,786	1
2007	£230,261	£2,597	11
2006	£179,500	£1,835	11
2005	£182,557	£2,036	7
2004	£211,500	£3,003	3
2003	£258,750	£1,573	4
2002	£144,124	£1,032	8
2001	£86,333	£695	3
2000	£101,998	£1,084	3
1999	£78,250	£696	5
1998	£63,306	£615	8
1997	£76,993	£630	7
1996	£81,886	£390	7
1995	£65,000	£1,083	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£1,654,235	£23,622	22
2021	£912,884	£2,911	3
2020	£9,818,538		7
2019	£131,250		2
2018	£325,200	£2,299	5
2017	£150,702	£2,632	4
2016	£188,042	£926	6
2014	£94,475	£1,277	1
2013	£80,000	£920	1

House Type in MK40 4LS area

The most common house types in the MK40 4LS postcode area are Terraced (45), Semi-detached (35), and Shared house (11).

Total	111
Terraced	45
Semi-detached	35
Shared house	11
Detached	8
Flat	6
commercial building	5
converted building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (43), and Owned: Owns outright (40).

Private rented: Private landlord or letting agency	43
Owned: Owns outright	40
Owned: Owns with a mortgage or loan	14
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	3
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK40 4LS have 2 people in household (34), and 4 people in household (20).

2 people in household	34
4 people in household	20
1 person in household	18
3 people in household	16
5 people in household	11
6 people in household	7
7 people in household	3
8 or more people in household	1
0 people in household	0