Housing Market Analysis for ORMESBY WAY, MK40 4LZ

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £189,034 median price is £155,500 Standard Deviation is £81,357 with Total Sold: 29
- The Last 5 Year average price is £281,556 with Total Sold: 9
- The most recent sale happened at this postcode is 14 ORMESBY WAY: £275,000 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is 24 ORMESBY WAY: £54,000 (Sold on 27 Feb 1998)
Detached
- The average price is around £158,250 median price is £164,000 Standard Deviation is £44,656 with Total Sold: 4
- The most recent sale happened at this postcode is 38 ORMESBY WAY: £168,000 (Sold on 11 Dec 2009)
- The first recorded sale happened at this postcode is 6 ORMESBY WAY: £90,000 (Sold on 23 Jul 2004)
Terraced
- The average price is around £64,000 median price is £64,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 23 ORMESBY WAY: £64,000 (Sold on 12 Dec 1997)
- The first recorded sale happened at this postcode is 23 ORMESBY WAY: £64,000 (Sold on 12 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 4LZ 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£292,500	£3,724	2
2022	£294,333	£3,577	3
2021	£273,500	£3,463	2
2020	£260,000	£2,626	1
2019	£259,000	£3,321	1
2018	£243,000	£3,078	2
2017	£253,000	£3,649	2
2015	£165,000	£1,988	1
2013	£142,500	£1,830	2
2011	£142,667	£1,676	3
2006	£152,750	£1,322	2
2005	£149,250	£1,849	2
2004	£127,500	£616	1
2001	£84,000	£406	1
1999	£69,500	£505	3
1998	£54,000	£621	1

House Type: Detached

Year	Avg. Price	Sold
2009	£168,000	1
2007	£215,000	1
2006	£160,000	1
2004	£90,000	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1997	£64,000	£688	1

All the Sales in the ORMESBY WAY, MK40 4LZ

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

Address	Sold Date	Price	% Change
14 ORMESBY WAYSemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1950-1966	17 Feb 2023	£275,000	First Sale
3 ORMESBY WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-1975	10 Feb 2023	£310,000	First Sale
19 ORMESBY WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	31 Oct 2022	£303,000	94.86%
	17 Nov 2006	£155,500	193.40%
	27 Jan 1999	£53,000	First Sale
24 ORMESBY WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1967-1975	04 Oct 2022	£335,000	520.37%
	27 Feb 1998	£54,000	First Sale
17 ORMESBY WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	18 Mar 2022	£245,000	First Sale
21 ORMESBY WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	17 Dec 2021	£272,000	97.10%
	11 Oct 2013	£138,000	First Sale
28 ORMESBY WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	21 Jul 2021	£275,000	First Sale
9 ORMESBY WAYSemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	27 Nov 2020	£260,000	First Sale
11 ORMESBY WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1950-1966	24 Sep 2019	£259,000	3.60%
	02 Feb 2018	£250,000	First Sale
26 ORMESBY WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	22 Aug 2018	£236,000	First Sale
16 ORMESBY WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1950-1966	24 Feb 2017	£270,000	First Sale
8 ORMESBY WAYSemi-Detached, Freehold	09 Jan 2017	£236,000	9.77%
	27 Jun 2007	£215,000	34.38%
	07 Dec 2006	£160,000	First Sale
13 ORMESBY WAYSemi-Detached, FreeholdArea: 83 Sq.mtrAge: 1967-1975	01 Jul 2015	£165,000	7.49%
	24 Jun 2005	£153,500	First Sale
1 ORMESBY WAYSemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1950-1966	15 Feb 2013	£147,000	First Sale
18 ORMESBY WAYSemi-Detached, FreeholdArea: 87.59 Sq.mtrAge: 1967-1975	01 Dec 2011	£143,500	First Sale
10 ORMESBY WAYSemi-Detached, FreeholdArea: 82.9 Sq.mtrAge: 1967-1975	21 Sep 2011	£142,000	First Sale
20 ORMESBY WAYSemi-Detached, Freehold	15 Feb 2011	£142,500	First Sale
38 ORMESBY WAYDetached, Freehold	11 Dec 2009	£168,000	First Sale
5 ORMESBY WAYSemi-Detached, FreeholdArea: 207 Sq.mtrAge: 1950-1966	07 Jun 2006	£150,000	17.65%
	27 Feb 2004	£127,500	51.79%
	20 Dec 2001	£84,000	14.29%
	03 Dec 1999	£73,500	First Sale
25 ORMESBY WAYSemi-Detached, Freehold	04 Oct 2005	£145,000	First Sale
6 ORMESBY WAYDetached, Freehold	23 Jul 2004	£90,000	First Sale
32 ORMESBY WAYSemi-Detached, Freehold	23 Jul 1999	£82,000	First Sale
23 ORMESBY WAYTerraced, FreeholdArea: 93 Sq.mtrAge: 1967-1975	12 Dec 1997	£64,000	First Sale

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

ORMESBY WAY, MK40 4LZ Near By properties

Interactive Map

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

Terraced
- The average price is around £116,115 median price is £107,000 Standard Deviation is £75,659 with Total Sold: 488
- The Last 5 Year average price is £239,443 with Total Sold: 58
- 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)
Semi-Detached
- The average price is around £145,168 median price is £137,000 Standard Deviation is £82,879 with Total Sold: 472
- The Last 5 Year average price is £274,271 with Total Sold: 70
- The most recent sale happened at this postcode is , 16 WINGFIELD CLOSE: £350,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 69 HONEY HILL ROAD: £30,000 (Sold on 18 Jan 1995)
Flat
- The average price is around £83,287 median price is £81,498 Standard Deviation is £50,532 with Total Sold: 76
- The Last 5 Year average price is £183,357 with Total Sold: 7
- The most recent sale happened at this postcode is , 68 OLD FORD END ROAD: £192,500 (Sold on 17 May 2024)
- The first recorded sale happened at this postcode is 6, JACEY COURT, 198 HILLGROUNDS ROAD: £29,000 (Sold on 27 Jul 1995)
Detached
- The average price is around £179,376 median price is £162,250 Standard Deviation is £100,117 with Total Sold: 134
- The Last 5 Year average price is £351,315 with Total Sold: 13
- The most recent sale happened at this postcode is , 209 GREENKEEPERS ROAD: £510,000 (Sold on 21 Feb 2024)
- The first recorded sale happened at this postcode is , 25 EARLS HOLME: £88,000 (Sold on 27 Jan 1995)
Other
- The average price is around £371,600 median price is £150,000 Standard Deviation is £465,801 with Total Sold: 5
- The Last 5 Year average price is £526,000 with Total Sold: 3
- The most recent sale happened at this postcode is , 35A CARLISLE ROAD: £128,000 (Sold on 19 May 2023)
- 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£239,357	£3,200	7
2023	£237,500	£2,920	8
2022	£275,091	£3,242	11
2021	£248,429	£2,902	14
2020	£225,720	£2,464	10
2019	£193,875	£2,299	8
2018	£210,667	£2,636	9
2017	£210,250	£2,555	10
2016	£187,167	£1,864	9
2015	£163,646	£2,094	14
2014	£190,977	£2,165	31
2013	£144,390	£1,721	5
2012	£126,250	£1,548	8
2011	£122,750	£1,511	9
2010	£120,500	£1,626	6
2009	£127,800	£1,453	10
2008	£133,556	£1,661	9
2007	£151,150	£2,026	23
2006	£124,938	£1,650	21
2005	£127,974	£1,553	19
2004	£96,288	£1,404	26
2003	£94,594	£1,211	16
2002	£74,390	£948	25
2001	£66,589	£869	25
2000	£53,728	£837	29
1999	£48,268	£589	34
1998	£44,316	£528	19
1997	£40,665	£528	30
1996	£33,607	£420	15
1995	£35,861	£497	28

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£329,000	£3,961	5
2023	£295,111	£3,286	9
2022	£295,808	£3,350	13
2021	£293,364	£3,364	11
2020	£259,533	£2,956	15
2019	£231,324	£2,826	17
2018	£240,143	£2,875	7
2017	£252,321	£2,882	14
2016	£216,925	£2,636	8
2015	£196,763	£2,394	15
2014	£197,247	£2,225	17
2013	£155,071	£1,915	14
2012	£143,650	£1,694	10
2011	£155,050	£1,639	10
2010	£155,778	£1,591	9
2009	£142,786	£1,484	7
2008	£152,333	£1,429	12
2007	£167,272	£1,753	20
2006	£144,118	£1,469	28
2005	£143,500	£1,533	18
2004	£132,558	£1,517	25
2003	£114,521	£1,278	24
2002	£97,295	£1,124	22
2001	£77,267	£844	25
2000	£71,454	£801	21
1999	£62,898	£667	25
1998	£57,329	£581	24
1997	£47,143	£437	14
1996	£46,229	£532	19
1995	£42,389	£472	14

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£167,750	£3,575	2
2023	£180,000		1
2022	£210,000	£3,333	1
2021	£158,000	£2,650	1
2020	£200,000	£1,815	2
2018	£137,333	£2,293	3
2017	£137,000	£2,003	1
2016	£115,000	£1,965	1
2015	£96,833	£1,629	3
2014	£143,633	£2,472	3
2013	£91,998	£1,560	3
2010	£82,800	£1,767	2
2009	£88,000	£2,146	1
2008	£90,500	£1,486	2
2007	£106,928	£2,253	7
2006	£86,500	£1,418	2
2005	£91,983	£1,809	3
2004	£95,000	£1,937	2
2003	£72,999	£1,589	7
2002	£53,250	£1,093	6
2001	£45,417	£887	6
2000	£44,500	£1,085	1
1999	£30,550	£646	7
1998	£31,495	£768	1
1997	£25,167	£549	3
1996	£13,835	£230	3
1995	£26,500	£707	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£510,000	£3,333	1
2023	£267,500	£3,127	2
2022	£359,125	£3,849	4
2021	£313,867	£2,969	3
2020	£381,333	£2,842	3
2018	£280,800	£3,265	5
2017	£265,600	£2,865	5
2016	£335,000	£2,519	1
2015	£285,279	£2,567	7
2014	£241,142	£2,303	6
2013	£209,374	£2,012	4
2012	£167,500	£1,932	4
2011	£148,547	£1,282	3
2010	£144,500	£1,627	2
2009	£173,812	£1,681	4
2008	£203,750	£1,980	4
2007	£199,612	£1,811	4
2006	£174,000	£1,717	8
2005	£135,125	£1,766	4
2004	£180,417	£1,753	6
2003	£198,083	£1,609	6
2002	£119,599	£1,216	5
2001	£119,667	£1,194	3
2000	£116,750	£981	4
1999	£86,750	£951	5
1998	£71,968	£695	11
1997	£73,875	£719	4
1996	£78,188	£704	12
1995	£80,250	£707	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£128,000	£2,065	1
2021	£725,000	£2,930	2
2018	£200,000	£2,299	1
2013	£80,000	£920	1

House Type in MK40 4LZ area

The most common house types in the MK40 4LZ postcode area are Semi-detached (61), Terraced (30), and Detached (28).

Total	133
Semi-detached	61
Terraced	30
Detached	28
Flat	14
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 (43), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	43
Owned: Owns with a mortgage or loan	38
Social rented: Other social rented	24
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	4
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK40 4LZ have 1 person in household (38), and 2 people in household (30).

1 person in household	38
2 people in household	30
5 people in household	19
4 people in household	18
3 people in household	16
6 people in household	9
8 or more people in household	4
7 people in household	1
0 people in household	0