Housing Market Analysis for FARNHAM WAY, MK41 8RE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £292,318 median price is £273,000 Standard Deviation is £107,867 with Total Sold: 11
    • The Last 5 Year average price is £471,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 FARNHAM WAY: £435,000 (Sold on 22 Jun 2021)
    • The first recorded sale happened at this postcode is 13 FARNHAM WAY: £507,000 (Sold on 08 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average MK41 8RE 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
2021£435,000 £2,736 1
2017£385,000 £2,790 1
2012£273,250 £2,329 2
2008£273,000 £1,816 1
2007£325,000 £2,181 1
2003£242,000 £1,522 1
2001£197,000 £2,033 1
2000£150,0001
1999£155,000 £1,600 1
2024£507,0001

All the Sales in the FARNHAM WAY, MK41 8RE

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

AddressSold DatePrice% Change
1 FARNHAM WAYDetached, FreeholdArea: 159 Sq.mtrAge: 1976-198222 Jun 2021£435,00079.75%
14 Feb 2003£242,000First Sale
9 FARNHAM WAYDetached, FreeholdArea: 138 Sq.mtrAge: 1983-199017 Aug 2017£385,000First Sale
11 FARNHAM WAYDetached, FreeholdArea: 150.3 Sq.mtrAge: 1983-199014 Aug 2012£268,000-1.83%
15 Feb 2008£273,000First Sale
19 FARNHAM WAYDetached, FreeholdArea: 96.88 Sq.mtrAge: 1983-199005 Jan 2012£278,50041.37%
06 Jul 2001£197,00027.10%
30 Jul 1999£155,000First Sale
13 FARNHAM WAYDetached, FreeholdArea: 149 Sq.mtrAge: 1983-199010 Apr 2007£325,000-35.90%
08 Mar 2024£507,000First Sale
7 FARNHAM WAYDetached, Freehold30 Mar 2000£150,000First Sale

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

FARNHAM WAY, MK41 8RE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £252,269 median price is £240,000 Standard Deviation is £129,050 with Total Sold: 685
    • The Last 5 Year average price is £441,254 with Total Sold: 98
    • 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 £176,480 median price is £171,000 Standard Deviation is £88,804 with Total Sold: 734
    • The Last 5 Year average price is £305,573 with Total Sold: 111
    • 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 , 73 PUTNOE STREET: £65,000 (Sold on 10 Feb 1995)
  • 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)
  • Terraced
    • The average price is around £138,589 median price is £137,000 Standard Deviation is £70,584 with Total Sold: 286
    • The Last 5 Year average price is £248,595 with Total Sold: 32
    • The most recent sale happened at this postcode is , 11 TINTAGEL WALK: £270,000 (Sold on 23 Feb 2024)
    • The first recorded sale happened at this postcode is , 38 FLINT WAY: £46,500 (Sold on 31 Jan 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£398,250 £3,144 4
2023£480,917 £3,244 12
2022£486,094 £3,832 26
2021£445,855 £3,418 31
2020£384,150 £3,753 10
2019£371,827 £3,288 15
2018£401,667 £3,463 18
2017£368,171 £3,048 29
2016£369,587 £2,874 26
2015£277,816 £2,745 25
2014£274,325 £2,290 26
2013£264,043 £2,232 23
2012£303,175 £2,296 14
2011£276,963 £2,045 19
2010£251,950 £2,010 21
2009£241,731 £2,025 13
2008£271,050 £1,828 10
2007£263,926 £2,186 30
2006£256,603 £2,069 29
2005£251,886 £2,200 18
2004£237,040 £2,040 25
2003£234,792 £1,658 24
2002£186,102 £1,579 23
2001£164,085 £1,232 31
2000£144,564 £1,189 32
1999£126,535 £990 33
1998£113,668 £907 28
1997£100,215 £848 37
1996£88,530 £712 33
1995£90,442 £725 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,6673
2023£332,996 £3,806 25
2022£337,347 £3,773 18
2021£311,565 £3,425 23
2020£266,452 £3,177 21
2019£279,667 £3,210 21
2018£283,576 £3,150 33
2017£279,297 £3,048 20
2016£252,534 £2,975 28
2015£231,633 £2,703 24
2014£202,014 £2,407 25
2013£175,778 £2,059 18
2012£184,547 £2,182 16
2011£181,042 £2,233 12
2010£179,608 £1,916 18
2009£158,565 £1,810 23
2008£174,650 £1,976 15
2007£199,213 £2,442 35
2006£182,477 £2,039 27
2005£177,153 £2,297 16
2004£165,788 £1,876 31
2003£146,575 £1,682 28
2002£124,484 £1,509 41
2001£109,600 £1,186 23
2000£88,338 £1,189 33
1999£80,410 £886 34
1998£71,191 £765 29
1997£66,833 £720 34
1996£61,777 £697 29
1995£58,864 £684 31
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,750 £3,685 2
2023£251,425 £3,861 6
2022£288,000 £3,258 7
2021£241,125 £2,495 4
2020£240,625 £2,949 4
2019£220,667 £2,563 9
2018£240,556 £2,788 9
2017£222,056 £3,070 9
2016£204,955 £2,686 11
2015£182,000 £2,478 4
2014£179,188 £2,115 13
2013£141,625 £1,819 4
2012£146,250 £1,905 6
2011£155,050 £1,871 10
2010£159,607 £1,901 11
2009£158,694 £1,929 9
2008£161,500 £1,821 8
2007£163,653 £2,075 13
2006£143,550 £1,901 15
2005£142,286 £2,133 7
2004£116,708 £1,822 12
2003£120,125 £1,708 12
2002£93,532 £1,391 15
2001£80,700 £1,064 16
2000£63,765 £1,112 13
1999£61,583 £916 15
1998£56,750 £821 11
1997£50,143 £620 7
1996£49,081 £585 16
1995£51,188 £749 8
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 8RE area

The most common house types in the MK41 8RE postcode area are Detached (49), Semi-detached (48), and Terraced (23).

Total120
Detached49
Semi-detached48
Terraced23
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 (69), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright69
Owned: Owns with a mortgage or loan35
Private rented: Private landlord or letting agency9
Private rented: Other private rented3
Social rented: Other social rented2
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 8RE have 2 people in household (46), and 1 person in household (37).

2 people in household46
1 person in household37
4 people in household18
3 people in household13
5 people in household5
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0