Housing Market Analysis for MERCIA ROAD, MK40 4TP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £231,897 median price is £218,995 Standard Deviation is £18,290 with Total Sold: 5
    • The Last 5 Year average price is £254,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 55 MERCIA ROAD: £255,000 (Sold on 24 May 2022)
    • The first recorded sale happened at this postcode is 57 MERCIA ROAD: £215,995 (Sold on 31 Mar 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average MK40 4TP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£255,0001
2023£253,500 £4,875 1
2017£216,995 £4,173 3

All the Sales in the MERCIA ROAD, MK40 4TP

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

AddressSold DatePrice% Change
55 MERCIA ROADTerraced, Freehold24 May 2022£255,00016.44%
31 Mar 2017£218,995First Sale
59 MERCIA ROADTerraced, FreeholdArea: 52 Sq.mtr03 Apr 2023£253,50017.36%
28 Apr 2017£215,995First Sale
57 MERCIA ROADTerraced, FreeholdArea: 52 Sq.mtr31 Mar 2017£215,995First Sale

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

MERCIA ROAD, MK40 4TP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £238,050 median price is £249,999 Standard Deviation is £75,866 with Total Sold: 611
    • The Last 5 Year average price is £284,241 with Total Sold: 152
    • 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 £353,417 median price is £345,995 Standard Deviation is £143,795 with Total Sold: 615
    • The Last 5 Year average price is £459,791 with Total Sold: 137
    • 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 £261,544 median price is £270,000 Standard Deviation is £69,625 with Total Sold: 515
    • The Last 5 Year average price is £307,922 with Total Sold: 142
    • 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 £183,808 median price is £195,000 Standard Deviation is £40,675 with Total Sold: 391
    • The Last 5 Year average price is £198,094 with Total Sold: 151
    • 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 £362,182 median price is £312,500 Standard Deviation is £330,630 with Total Sold: 10
    • The Last 5 Year average price is £376,008 with Total Sold: 7
    • 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£320,000 £3,485 10
2022£314,939 £3,184 33
2021£283,884 £3,156 39
2020£274,542 £3,251 29
2019£256,484 £3,207 36
2018£291,565 £3,151 59
2017£282,427 £2,962 69
2016£265,384 £2,764 60
2015£234,918 £2,649 32
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£515,050 £3,672 10
2022£546,625 £3,495 8
2021£449,332 £3,412 45
2020£432,538 £3,425 26
2019£447,930 £3,087 45
2018£434,114 £3,283 51
2017£402,669 £3,631 52
2016£357,927 £4,585 59
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£319,571 £3,645 14
2022£354,735 £3,695 17
2021£289,500 £3,519 35
2020£299,344 £3,174 42
2019£303,153 £3,344 29
2018£297,747 £3,325 46
2017£294,857 £3,148 70
2016£271,735 £3,077 67
2015£257,804 £2,706 35
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£225,500 £3,135 6
2023£210,121 £3,605 14
2022£204,536 £3,379 28
2021£176,246 £2,807 31
2020£205,997 £3,386 26
2019£197,195 £3,268 46
2018£208,062 £3,284 53
2017£206,799 £3,298 38
2016£183,730 £3,095 43
2015£160,971 £2,656 28
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£204,400 £3,439 5
2018£276,748 £3,310 2
2017£436,268 £4,452 1

House Type in MK40 4TP area

The most common house types in the MK40 4TP postcode area are Terraced (21), Flat (15), and Semi-detached (10).

Total50
Terraced21
Flat15
Semi-detached10
Detached3
commercial building1
Shared house0
converted 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 (14), and Private rented: Private landlord or letting agency (13).

Owned: Owns with a mortgage or loan14
Private rented: Private landlord or letting agency13
Social rented: Other social rented10
Owned: Owns outright5
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority2
Private rented: Other private rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the MK40 4TP have 2 people in household (14), and 1 person in household (11).

2 people in household14
1 person in household11
4 people in household9
3 people in household7
5 people in household4
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0