Housing Market Analysis for RESTORMEL CLOSE, MK41 8PA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £233,318 median price is £238,250 Standard Deviation is £103,410 with Total Sold: 14
    • The Last 5 Year average price is £436,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 RESTORMEL CLOSE: £400,000 (Sold on 07 Feb 2022)
    • The first recorded sale happened at this postcode is 5 RESTORMEL CLOSE: £85,000 (Sold on 08 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK41 8PA 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£400,000 £3,704 1
2019£472,500 £4,280 1
2014£238,250 £2,104 2
2013£266,000 £2,513 2
2012£230,000 £3,092 1
2007£249,950 £2,155 1
2003£247,0001
2002£195,0001
2000£145,750 £1,354 2
1999£87,000 £750 1
1996£85,0001

All the Sales in the RESTORMEL CLOSE, MK41 8PA

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

AddressSold DatePrice% Change
3 RESTORMEL CLOSEDetached, FreeholdArea: 108 Sq.mtrAge: 1967-197507 Feb 2022£400,00050.94%
03 Apr 2013£265,000First Sale
4 RESTORMEL CLOSEDetached, FreeholdArea: 110.4 Sq.mtrAge: 1967-197514 Feb 2019£472,500105.43%
19 Sep 2014£230,00031.43%
01 Jul 2000£175,000First Sale
6 RESTORMEL CLOSEDetached, FreeholdArea: 116 Sq.mtrAge: 1967-197527 Mar 2014£246,500-1.38%
12 Mar 2007£249,950187.30%
16 Apr 1999£87,000First Sale
2 RESTORMEL CLOSEDetached, FreeholdArea: 103.8 Sq.mtrAge: 1967-197512 Nov 2013£267,000129.18%
22 Jun 2000£116,500First Sale
13 RESTORMEL CLOSEDetached, FreeholdArea: 74.39 Sq.mtrAge: 1967-197531 Aug 2012£230,000First Sale
5 RESTORMEL CLOSEDetached, Freehold19 Dec 2003£247,000190.59%
08 Mar 1996£85,000First Sale
1 RESTORMEL CLOSEDetached, Freehold06 Mar 2002£195,000First Sale

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

RESTORMEL CLOSE, MK41 8PA Near By properties

Interactive Map

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

  • Flat
    • The average price is around £86,554 median price is £70,000 Standard Deviation is £57,889 with Total Sold: 27
    • The Last 5 Year average price is £134,333 with Total Sold: 6
    • The most recent sale happened at this postcode is , 3 EASTNOR GARDENS: £280,000 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , 19 PENDENNIS ROAD: £33,000 (Sold on 27 Feb 1995)
  • Detached
    • The average price is around £264,970 median price is £247,500 Standard Deviation is £142,005 with Total Sold: 717
    • The Last 5 Year average price is £471,701 with Total Sold: 104
    • The most recent sale happened at this postcode is , 13 FARNHAM WAY: £507,000 (Sold on 08 Mar 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 £183,443 median price is £180,000 Standard Deviation is £90,562 with Total Sold: 523
    • The Last 5 Year average price is £309,526 with Total Sold: 82
    • The most recent sale happened at this postcode is , 35 THE RIDGEWAY: £322,000 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 40 NEWSTEAD WAY: £116,700 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £133,960 median price is £134,500 Standard Deviation is £70,801 with Total Sold: 246
    • The Last 5 Year average price is £249,335 with Total Sold: 27
    • The most recent sale happened at this postcode is , 42 PENDENNIS ROAD: £247,500 (Sold on 02 Feb 2024)
    • The first recorded sale happened at this postcode is , 51 PENDENNIS ROAD: £49,000 (Sold on 27 Feb 1995)
  • Other
    • The average price is around £118,978 median price is £67,500 Standard Deviation is £122,449 with Total Sold: 8
    • The Last 5 Year average price is £216,250 with Total Sold: 2
    • The most recent sale happened at this postcode is , 50 DOVER CRESCENT: £107,500 (Sold on 25 Oct 2019)
    • The first recorded sale happened at this postcode is , 2 BRECON WAY: £74,250 (Sold on 30 Jul 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£123,000 £2,991 2
2021£70,000 £2,218 1
2019£105,000 £2,277 2
2018£190,000 £2,184 1
2016£100,000 £2,875 1
2010£85,000 £1,879 1
2007£158,500 £1,822 1
2006£107,500 £1,867 2
2005£107,500 £1,840 2
2004£60,0001
2002£53,167 £1,452 6
2001£34,500 £1,015 1
1999£29,000 £634 2
1998£31,000 £891 1
1996£31,950 £710 1
1995£33,000 £733 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£461,000 £3,144 2
2023£483,538 £3,568 13
2022£506,732 £3,950 30
2021£490,273 £3,501 33
2020£394,800 £3,682 10
2019£407,494 £3,245 16
2018£405,635 £3,319 23
2017£368,732 £3,049 30
2016£388,587 £2,869 26
2015£297,089 £2,751 27
2014£298,114 £2,300 26
2013£261,479 £2,138 24
2012£315,350 £2,283 17
2011£309,414 £2,292 20
2010£274,215 £2,012 23
2009£235,167 £1,992 15
2008£274,364 £1,828 11
2007£267,872 £2,129 29
2006£268,361 £2,058 32
2005£251,886 £2,200 18
2004£255,204 £2,089 22
2003£243,926 £1,765 27
2002£193,292 £1,613 20
2001£167,989 £1,277 31
2000£145,019 £1,203 32
1999£125,288 £999 37
1998£116,176 £866 31
1997£104,566 £829 37
1996£89,485 £725 34
1995£96,636 £753 21
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£322,0001
2023£328,578 £3,753 18
2022£339,271 £3,974 12
2021£323,026 £3,449 19
2020£271,808 £3,320 13
2019£284,342 £3,226 19
2018£302,875 £3,221 24
2017£280,108 £3,093 18
2016£252,593 £3,025 21
2015£236,067 £2,775 18
2014£202,788 £2,561 17
2013£181,176 £2,082 17
2012£192,350 £2,170 10
2011£180,820 £2,355 10
2010£180,354 £1,972 14
2009£160,666 £1,828 18
2008£180,775 £2,019 10
2007£203,852 £2,490 24
2006£187,527 £2,179 16
2005£178,996 £2,338 14
2004£172,836 £1,893 25
2003£141,580 £1,548 15
2002£119,696 £1,491 30
2001£108,809 £1,161 16
2000£90,104 £1,166 23
1999£81,770 £940 22
1998£70,029 £739 17
1997£68,284 £732 20
1996£63,415 £703 23
1995£60,525 £575 19
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,500 £4,267 1
2023£251,425 £3,861 6
2022£288,000 £3,258 7
2021£236,333 £2,640 3
2020£251,667 £2,817 3
2019£213,714 £2,450 7
2018£232,750 £2,788 8
2017£222,056 £3,070 9
2016£204,950 £2,723 10
2015£158,667 £2,480 3
2014£167,383 £2,138 9
2013£146,750 £1,750 2
2012£137,500 £1,892 5
2011£156,500 £1,885 7
2010£151,768 £1,893 10
2009£149,464 £1,963 7
2008£164,500 £1,773 4
2007£163,291 £2,096 12
2006£141,750 £1,935 13
2005£139,200 £2,418 5
2004£115,909 £1,822 11
2003£114,722 £1,866 9
2002£93,532 £1,391 15
2001£81,313 £1,064 15
2000£63,037 £1,112 12
1999£60,980 £927 13
1998£56,750 £821 11
1997£50,143 £620 7
1996£49,081 £585 16
1995£48,833 £761 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£216,250 £2,500 2
2018£96,082 £1,428 4
2014£67,500 £479 2

House Type in MK41 8PA area

The most common house types in the MK41 8PA postcode area are Detached (100), Semi-detached (16), and Terraced (5).

Total121
Detached100
Semi-detached16
Terraced5
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 (74), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright74
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency7
Private rented: Other private rented2
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 8PA have 2 people in household (44), and 1 person in household (33).

2 people in household44
1 person in household33
4 people in household18
3 people in household15
5 people in household6
7 people in household3
0 people in household0
6 people in household0
8 or more people in household0