Housing Market Analysis for BANKS CLOSE, MK42 0LL

Are you looking to understand MK42 0LL 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 MK42 0LL area, explore the MK42 0LL Area information page.
For comprehensive crime statistics in the MK42 0LL area, explore the MK42 0LL Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK42 0LL postcode area, The average prices are as follows,

  • Detached
    • The average price is around £329,995 median price is £329,995 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £329,995 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 BANKS CLOSE: £329,995 (Sold on 28 May 2021)
    • The first recorded sale happened at this postcode is 1 BANKS CLOSE: £329,995 (Sold on 28 May 2021)
  • Semi-Detached
    • The average price is around £315,000 median price is £315,000 Standard Deviation is £10,000 with Total Sold: 2
    • The Last 5 Year average price is £315,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 17 BANKS CLOSE: £325,000 (Sold on 11 May 2023)
    • The first recorded sale happened at this postcode is 17 BANKS CLOSE: £305,000 (Sold on 02 Aug 2021)
  • Other
    • The average price is around £235,855 median price is £123,750 Standard Deviation is £181,234 with Total Sold: 3
    • The Last 5 Year average price is £235,855 with Total Sold: 3
    • The most recent sale happened at this postcode is 13 BANKS CLOSE: £92,300 (Sold on 30 Jun 2020)
    • The first recorded sale happened at this postcode is 9 BANKS CLOSE: £123,750 (Sold on 16 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average MK42 0LL 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£329,995 £3,367 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£325,000 £3,869 1
2021£305,000 £3,631 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£291,908 £4,101 2
2024£123,7501

All the Sales in the BANKS CLOSE, MK42 0LL

See the table below for more details on the sold house prices in the MK42 0LL, Bedford postcode.

AddressSold DatePrice% Change
1 BANKS CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 201928 May 2021£329,995First Sale
17 BANKS CLOSESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 202111 May 2023£325,0006.56%
02 Aug 2021£305,000First Sale
13 BANKS CLOSEOther, FreeholdArea: 56 Sq.mtr30 Jun 2020£92,300First Sale
2 BANKS CLOSEOther, FreeholdArea: 75 Sq.mtr30 Jun 2020£491,515First Sale
9 BANKS CLOSEOther, Leasehold16 Feb 2024£123,750First Sale

Check out the sold house prices near the MK42 0LL postcode. Properties currently for saleProperties currently for rent

BANKS CLOSE, MK42 0LL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK42 0LL 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 MK42 0LL postcode.

  • Detached
    • The average price is around £352,456 median price is £335,998 Standard Deviation is £80,971 with Total Sold: 306
    • The Last 5 Year average price is £395,840 with Total Sold: 151
    • The most recent sale happened at this postcode is , 5 AVIATION WAY: £480,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 EUSTACE CLOSE: £159,995 (Sold on 18 Nov 2011)
  • Flat
    • The average price is around £152,630 median price is £150,995 Standard Deviation is £28,554 with Total Sold: 174
    • The Last 5 Year average price is £160,869 with Total Sold: 57
    • The most recent sale happened at this postcode is , 7 BUSHFIELD COURT: £88,300 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 ROCHESTER WAY: £119,995 (Sold on 29 Jul 2011)
  • Semi-Detached
    • The average price is around £276,991 median price is £286,498 Standard Deviation is £47,473 with Total Sold: 338
    • The Last 5 Year average price is £304,545 with Total Sold: 138
    • The most recent sale happened at this postcode is , 23 POTTER MEADOWS: £335,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 OSWALD CLOSE: £142,453 (Sold on 30 Nov 2011)
  • Other
    • The average price is around £1,897,942 median price is £270,280 Standard Deviation is £3,905,257 with Total Sold: 15
    • The Last 5 Year average price is £1,371,606 with Total Sold: 13
    • The most recent sale happened at this postcode is , 9 BANKS CLOSE: £123,750 (Sold on 16 Feb 2024)
    • The first recorded sale happened at this postcode is , 42 ROCHESTER WAY: £138,250 (Sold on 25 Aug 2016)
  • Terraced
    • The average price is around £242,801 median price is £240,000 Standard Deviation is £55,188 with Total Sold: 151
    • The Last 5 Year average price is £262,390 with Total Sold: 41
    • The most recent sale happened at this postcode is , 70 CONDER BOULEVARD: £115,200 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , 13 ROCHESTER WAY: £139,995 (Sold on 14 Nov 2011)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£375,239 £3,479 12
2022£381,291 £3,590 18
2021£415,758 £3,221 52
2020£404,082 £3,075 41
2019£360,700 £3,229 27
2018£367,533 £2,971 27
2017£335,645 £3,094 47
2016£294,098 £2,864 39
2015£259,773 £2,481 9
2014£276,234 £2,086 19
2013£243,459 £2,006 13
2011£159,995 £2,475 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£144,4333
2023£172,500 £2,905 2
2022£171,285 £2,822 13
2021£147,781 £2,426 12
2020£164,500 £2,653 10
2019£161,538 £2,729 17
2018£168,875 £2,703 8
2017£157,273 £3,137 18
2016£177,801 £2,698 21
2015£147,551 £2,333 25
2014£140,332 £2,192 14
2013£108,000 £1,895 1
2012£124,794 £1,997 22
2011£120,684 £2,047 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£331,600 £2,835 5
2023£337,049 £3,861 17
2022£339,833 £3,855 9
2021£301,180 £3,386 47
2020£286,461 £3,405 26
2019£293,452 £3,180 34
2018£301,850 £3,191 34
2017£282,088 £3,159 54
2016£271,246 £2,881 40
2015£235,421 £2,521 14
2014£219,265 £2,260 22
2013£201,739 £1,980 33
2012£165,300 £2,163 2
2011£142,453 £2,378 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£123,7501
2023£190,000 £3,016 1
2022£7,225,0002
2021£168,634 £1,912 2
2020£329,206 £4,494 4
2019£471,010 £5,874 3
2017£10,500,0001
2016£138,250 £2,114 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£165,483 £1,536 3
2022£284,758 £3,145 6
2021£268,053 £3,104 19
2020£281,625 £2,212 4
2019£259,275 £2,954 9
2018£271,729 £3,140 13
2017£259,992 £2,843 23
2016£242,713 £2,578 32
2015£222,542 £2,296 11
2013£195,664 £2,063 11
2012£207,849 £1,844 16
2011£174,985 £2,113 4

House Type in MK42 0LL area

The most common house types in the MK42 0LL postcode area are Semi-detached (64), Detached (37), and Terraced (20).

Total131
Semi-detached64
Detached37
Terraced20
Flat10
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 with a mortgage or loan (103), and Private rented: Private landlord or letting agency (12).

Owned: Owns with a mortgage or loan103
Private rented: Private landlord or letting agency12
Owned: Owns outright9
Social rented: Other social rented6
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the MK42 0LL have 2 people in household (47), and 3 people in household (37).

2 people in household47
3 people in household37
4 people in household25
1 person in household19
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0