Housing Market Analysis for ELM CLOSE, MK41 8BZ

Are you looking to understand MK41 8BZ 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 MK41 8BZ area, explore the MK41 8BZ Area information page.
For comprehensive crime statistics in the MK41 8BZ area, explore the MK41 8BZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK41 8BZ postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £205,598 median price is £165,000 Standard Deviation is £114,741 with Total Sold: 11
    • The Last 5 Year average price is £340,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 2 ELM CLOSE: £437,500 (Sold on 27 Sep 2021)
    • The first recorded sale happened at this postcode is 18 ELM CLOSE: £357,500 (Sold on 17 Jul 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average MK41 8BZ 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£376,250 £4,144 2
2019£251,000 £2,588 1
2013£143,075 £1,883 1
2010£177,500 £2,082 2
2003£153,0001
2001£93,5001
1999£89,0001
1995£67,0001
2024£357,5001

All the Sales in the ELM CLOSE, MK41 8BZ

See the table below for more details on the sold house prices in the MK41 8BZ, Bedford postcode.

AddressSold DatePrice% Change
2 ELM CLOSESemi-Detached, FreeholdArea: 91.37 Sq.mtrAge: 1950-196627 Sep 2021£437,500130.26%
26 Feb 2010£190,000First Sale
12 ELM CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1950-196628 May 2021£315,000First Sale
20 ELM CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1950-196609 May 2019£251,000First Sale
24 ELM CLOSESemi-Detached, FreeholdArea: 76 Sq.mtrAge: 1967-197525 Jan 2013£143,075First Sale
1 ELM CLOSESemi-Detached, FreeholdArea: 79.18 Sq.mtrAge: 1967-197522 Jul 2010£165,000First Sale
16 ELM CLOSESemi-Detached, Freehold26 Sep 2003£153,00071.91%
20 Dec 1999£89,00032.84%
31 Mar 1995£67,000First Sale
14 ELM CLOSESemi-Detached, Freehold03 May 2001£93,500First Sale
18 ELM CLOSESemi-Detached, Freehold17 Jul 2024£357,500First Sale

Check out the sold house prices near the MK41 8BZ postcode. Properties currently for saleProperties currently for rent

ELM CLOSE, MK41 8BZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK41 8BZ 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 MK41 8BZ postcode.

  • Detached
    • The average price is around £306,371 median price is £267,000 Standard Deviation is £185,453 with Total Sold: 918
    • The Last 5 Year average price is £507,883 with Total Sold: 139
    • The most recent sale happened at this postcode is , 6 WELBECK GARDENS: £431,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 FOUNTAINS ROAD: £88,750 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £213,577 median price is £202,000 Standard Deviation is £104,636 with Total Sold: 697
    • The Last 5 Year average price is £352,183 with Total Sold: 122
    • The most recent sale happened at this postcode is , 10 BRAESIDE: £355,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 29 ASPEN AVENUE: £60,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £208,400 median price is £181,000 Standard Deviation is £99,528 with Total Sold: 18
    • The Last 5 Year average price is £348,400 with Total Sold: 5
    • The most recent sale happened at this postcode is , 3 STANHOPE ROAD: £320,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 63 LARKWAY: £80,000 (Sold on 05 Feb 1999)
  • Other
    • The average price is around £131,643 median price is £60,750 Standard Deviation is £164,192 with Total Sold: 7
    • The Last 5 Year average price is £242,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 102 POPLAR AVENUE: £465,000 (Sold on 18 Jul 2023)
    • The first recorded sale happened at this postcode is , 2 BRECON WAY: £74,250 (Sold on 30 Jul 2014)
  • Flat
    • The average price is around £110,062 median price is £71,500 Standard Deviation is £80,524 with Total Sold: 8
    • The most recent sale happened at this postcode is , 192 PUTNOE STREET: £131,000 (Sold on 04 Sep 2006)
    • The first recorded sale happened at this postcode is , 62 POPLAR AVENUE: £68,000 (Sold on 03 Jul 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£531,0008
2023£668,107 £4,657 14
2022£505,692 £4,114 26
2021£528,192 £3,684 38
2020£436,666 £3,512 30
2019£464,130 £3,380 23
2018£496,908 £3,460 26
2017£390,052 £3,182 30
2016£477,220 £3,390 33
2015£385,809 £3,050 37
2014£368,457 £2,702 34
2013£311,470 £2,164 33
2012£387,331 £2,492 24
2011£335,511 £2,447 26
2010£363,346 £2,425 36
2009£247,992 £2,168 20
2008£326,728 £2,255 20
2007£305,123 £2,112 36
2006£295,234 £2,155 32
2005£316,304 £2,143 27
2004£282,121 £1,984 37
2003£281,997 £1,759 40
2002£208,197 £1,622 39
2001£179,203 £1,358 35
2000£159,024 £1,271 36
1999£124,024 £1,021 33
1998£135,965 £866 31
1997£115,215 £779 39
1996£95,346 £745 39
1995£91,156 £746 36
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,682 £5,608 11
2023£380,238 £4,098 21
2022£389,639 £4,194 18
2021£356,409 £3,715 33
2020£325,333 £3,460 15
2019£311,202 £3,253 24
2018£328,652 £3,222 33
2017£321,647 £3,381 34
2016£264,810 £2,967 21
2015£238,361 £2,644 18
2014£231,724 £2,445 21
2013£203,633 £2,161 25
2012£236,968 £2,276 17
2011£204,943 £2,191 23
2010£194,810 £2,052 21
2009£183,750 £2,035 20
2008£224,800 £2,100 10
2007£227,000 £2,375 28
2006£196,307 £2,053 28
2005£203,628 £2,073 27
2004£192,602 £1,907 26
2003£165,093 £1,673 21
2002£150,164 £1,457 32
2001£122,946 £1,255 23
2000£108,619 £1,101 18
1999£96,323 £1,009 26
1998£79,274 £830 30
1997£75,695 £715 24
1996£74,350 £693 24
1995£66,138 £658 25
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,0001
2023£400,000 £3,339 1
2021£342,000 £3,257 1
2020£320,000 £3,404 1
2019£360,000 £3,025 1
2015£250,000 £2,778 1
2014£168,000 £1,806 1
2010£220,000 £2,470 1
2008£117,750 £1,042 1
2007£224,950 £2,526 1
2004£193,0001
2003£169,0001
2001£125,625 £1,271 4
1999£82,000 £832 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£465,000 £3,875 1
2019£20,000 £230 1
2018£5,7502
2017£290,0001
2014£67,500 £479 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£131,0001
2005£293,0001
2004£168,000 £2,340 1
2003£60,0001
1999£53,500 £661 3
1995£68,000 £947 1

House Type in MK41 8BZ area

The most common house types in the MK41 8BZ postcode area are Semi-detached (71), Detached (52), and Terraced (2).

Total125
Semi-detached71
Detached52
Terraced2
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 (62), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright62
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency10
Private rented: Other private rented4
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the MK41 8BZ have 2 people in household (40), and 1 person in household (29).

2 people in household40
1 person in household29
3 people in household28
4 people in household24
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0