Housing Market Analysis for MILL LANE, MK42 7FE

Are you looking to understand MK42 7FE 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 7FE area, explore the MK42 7FE Area information page.
For comprehensive crime statistics in the MK42 7FE area, explore the MK42 7FE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK42 7FE postcode area, The average prices are as follows,

Flat
- The average price is around £198,810 median price is £187,500 Standard Deviation is £36,078 with Total Sold: 29
- The Last 5 Year average price is £205,917 with Total Sold: 6
- The most recent sale happened at this postcode is 1, THE MILL MILL LANE: £200,000 (Sold on 13 Apr 2023)
- The first recorded sale happened at this postcode is 5, THE MILL MILL LANE: £205,000 (Sold on 14 Feb 2012)
Other
- The average price is around £238,750 median price is £238,750 Standard Deviation is £56,250 with Total Sold: 2
- The Last 5 Year average price is £182,500 with Total Sold: 1
- The most recent sale happened at this postcode is 7, THE MILL MILL LANE: £182,500 (Sold on 14 Feb 2020)
- The first recorded sale happened at this postcode is 12, THE MILL MILL LANE: £295,000 (Sold on 26 Nov 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average MK42 7FE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£200,000	£2,304	1
2022	£244,000	£3,519	2
2021	£177,500	£2,045	1
2020	£182,500	£2,815	1
2019	£187,500	£2,704	1
2018	£230,000	£3,263	2
2017	£222,500	£3,268	2
2016	£250,000	£1,845	3
2013	£153,333	£2,218	3
2012	£185,769	£2,366	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£182,500	£2,466	1
2013	£295,000	£4,120	1

All the Sales in the MILL LANE, MK42 7FE

See the table below for more details on the sold house prices in the MK42 7FE, Bedford postcode.

Address	Sold Date	Price	% Change
1, THE MILL MILL LANEFlat, LeaseholdArea: 86.79 Sq.mtr	13 Apr 2023	£200,000	First Sale
15, THE MILL MILL LANEFlat, LeaseholdArea: 69.33 Sq.mtr	19 Dec 2022	£248,000	32.27%
	19 Dec 2019	£187,500	2.46%
	31 Jul 2012	£183,000	First Sale
13, THE MILL MILL LANEFlat, LeaseholdArea: 69.33 Sq.mtr	31 Mar 2022	£240,000	9.09%
	08 Feb 2018	£220,000	26.44%
	31 May 2013	£174,000	-1.14%
	03 Aug 2012	£176,000	First Sale
5, THE MILL MILL LANEFlat, LeaseholdArea: 86.79 Sq.mtr	25 Jun 2021	£177,500	-13.41%
5, THE MILL MILL LANEFlat, LeaseholdArea: 86.79 Sq.mtr	14 Feb 2012	£205,000	First Sale
6, THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	06 Mar 2020	£182,500	11.96%
6, THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	15 Oct 2012	£163,000	First Sale
7, THE MILL MILL LANEOther, LeaseholdArea: 74 Sq.mtrAge: 2007-2011	14 Feb 2020	£182,500	30.36%
	18 Sep 2013	£140,000	First Sale
10, THE MILL MILL LANEFlat, LeaseholdArea: 71.6 Sq.mtr	17 Aug 2018	£240,000	37.14%
10, THE MILL MILL LANEFlat, LeaseholdArea: 71.6 Sq.mtr	24 Apr 2012	£175,000	First Sale
14, THE MILL MILL LANEFlat, LeaseholdArea: 71.6 Sq.mtr	26 Jul 2017	£225,000	32.35%
14, THE MILL MILL LANEFlat, LeaseholdArea: 71.6 Sq.mtr	31 Aug 2012	£170,000	First Sale
8, THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	06 Mar 2017	£220,000	33.33%
8, THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	05 Oct 2012	£165,000	First Sale
12, THE MILL MILL LANEFlat, LeaseholdArea: 71.6 Sq.mtr	29 Sep 2016	£210,000	-28.81%
	26 Nov 2013	£295,000	74.56%
	22 Oct 2012	£169,000	First Sale
9, THE MILL MILL LANEFlat, LeaseholdArea: 207.62 Sq.mtr	12 Sep 2016	£275,000	3.77%
	22 Jul 2016	£265,000	-1.85%
	03 Aug 2012	£270,000	First Sale
2 THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	17 May 2013	£146,000	First Sale
11 THE MILL MILL LANEFlat, LeaseholdArea: 69.33 Sq.mtr	23 Nov 2012	£177,995	First Sale
4 THE MILL MILL LANEFlat, LeaseholdArea: 64.82 Sq.mtr	09 Nov 2012	£165,000	First Sale
1 THE MILL MILL LANEFlat, LeaseholdArea: 86.79 Sq.mtr	08 Oct 2012	£207,000	First Sale
3 THE MILL MILL LANEFlat, LeaseholdArea: 86.79 Sq.mtr	28 Sep 2012	£189,000	First Sale

Check out the sold house prices near the MK42 7FE postcode. Properties currently for saleProperties currently for rent

MILL LANE, MK42 7FE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK42 7FE 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 7FE postcode.

Flat
- The average price is around £134,015 median price is £129,000 Standard Deviation is £56,872 with Total Sold: 257
- The Last 5 Year average price is £176,700 with Total Sold: 51
- The most recent sale happened at this postcode is 9, MILL COTTAGES MILL LANE: £200,000 (Sold on 28 Jun 2024)
- The first recorded sale happened at this postcode is 5, ALPHA COURT HIGH STREET: £34,000 (Sold on 26 May 1995)
Semi-Detached
- The average price is around £177,861 median price is £174,000 Standard Deviation is £87,841 with Total Sold: 395
- The Last 5 Year average price is £285,397 with Total Sold: 68
- The most recent sale happened at this postcode is , 31 CHURCH WALK: £315,000 (Sold on 21 May 2024)
- The first recorded sale happened at this postcode is , 34 ST JOHNS STREET: £60,000 (Sold on 12 Jan 1995)
Terraced
- The average price is around £155,435 median price is £150,000 Standard Deviation is £74,128 with Total Sold: 271
- The Last 5 Year average price is £246,107 with Total Sold: 46
- The most recent sale happened at this postcode is , 72 HIGH STREET: £220,500 (Sold on 05 Apr 2024)
- The first recorded sale happened at this postcode is , 21 KING WILLIAM ROAD: £72,950 (Sold on 27 Jan 1995)
Detached
- The average price is around £292,345 median price is £274,995 Standard Deviation is £134,773 with Total Sold: 205
- The Last 5 Year average price is £426,946 with Total Sold: 37
- The most recent sale happened at this postcode is , 33 RIVERVIEW WAY: £450,000 (Sold on 20 Feb 2024)
- The first recorded sale happened at this postcode is , 2 BROOK DRIVE: £92,500 (Sold on 28 Feb 1995)
Other
- The average price is around £307,947 median price is £295,000 Standard Deviation is £144,599 with Total Sold: 19
- The Last 5 Year average price is £338,625 with Total Sold: 12
- The most recent sale happened at this postcode is , 3 THE GLEN: £425,000 (Sold on 09 Feb 2024)
- The first recorded sale happened at this postcode is , KEMPSTON MILL INDUSTRIAL ESTATE, 12 MILL LANE: £295,000 (Sold on 26 Nov 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£164,667	£1,835	3
2023	£186,643	£2,822	7
2022	£207,246	£3,511	13
2021	£169,455	£4,040	11
2020	£151,050	£2,360	10
2019	£163,214	£2,726	7
2018	£193,042	£3,115	12
2017	£165,721	£2,776	14
2016	£172,125	£2,341	16
2015	£152,571	£2,614	7
2014	£125,181	£2,560	8
2013	£125,058	£2,358	19
2012	£161,458	£2,183	24
2011	£128,530	£2,152	23
2010	£125,583	£2,500	6
2009	£97,833	£2,008	3
2008	£131,000	£1,710	3
2007	£141,900	£1,726	5
2006	£108,214	£1,811	7
2005	£109,417	£1,981	6
2004	£101,556	£1,505	9
2003	£93,242	£1,416	6
2002	£62,999	£1,430	6
2001	£57,214	£967	7
2000	£40,000	£694	2
1999	£38,869	£534	8
1998	£35,167	£610	6
1997	£48,983	£656	3
1996	£32,900	£495	5
1995	£34,000	£1,167	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,667		3
2023	£325,700	£3,724	10
2022	£295,679	£3,876	14
2021	£275,872	£3,223	20
2020	£285,625	£2,883	8
2019	£245,079	£2,941	13
2018	£277,769	£2,946	13
2017	£266,591	£2,903	11
2016	£259,889	£2,889	18
2015	£232,214	£2,455	14
2014	£193,352	£2,062	17
2013	£207,090	£2,284	11
2012	£174,379	£2,125	12
2011	£163,615	£1,920	13
2010	£175,958	£2,061	12
2009	£162,375	£1,817	8
2008	£187,500	£1,854	8
2007	£191,479	£1,982	12
2006	£171,053	£1,897	18
2005	£173,933	£1,649	15
2004	£165,295	£1,722	22
2003	£148,111	£1,435	9
2002	£124,500	£1,248	9
2001	£94,722	£1,044	18
2000	£91,363	£1,057	15
1999	£73,466	£782	14
1998	£71,628	£669	13
1997	£61,944	£587	18
1996	£46,833	£524	9
1995	£57,417	£561	18

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£269,167	£3,092	6
2023	£252,833	£3,094	6
2022	£284,233	£3,315	6
2021	£260,000	£3,065	13
2020	£204,667	£2,867	6
2019	£208,389	£2,744	9
2018	£217,643	£2,736	7
2017	£221,568	£2,831	11
2016	£184,104	£2,717	9
2015	£213,577	£2,338	13
2014	£183,865	£2,137	15
2013	£162,818	£2,104	20
2012	£148,085	£1,965	11
2011	£151,758	£1,983	10
2010	£188,430	£2,078	8
2009	£121,667	£1,695	3
2008	£148,800	£1,465	5
2007	£153,909	£1,938	11
2006	£144,049	£1,941	11
2005	£144,692	£1,913	13
2004	£150,750	£2,088	4
2003	£110,500	£1,429	4
2002	£103,181	£1,505	11
2001	£78,200	£944	10
2000	£65,075	£1,067	8
1999	£55,000	£939	4
1998	£47,285	£722	7
1997	£52,000	£589	12
1996	£43,904	£608	13
1995	£48,730	£680	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£450,000		1
2023	£429,583	£4,161	6
2022	£472,400	£3,355	5
2021	£441,278	£3,548	9
2020	£417,300	£3,296	10
2019	£377,167	£3,371	6
2018	£419,750	£3,037	8
2017	£333,100	£3,131	5
2016	£356,312	£2,963	8
2015	£353,033	£2,964	15
2014	£308,748	£2,286	8
2013	£319,673	£2,369	13
2012	£352,215	£2,380	13
2011	£284,429	£2,063	7
2010	£270,306	£2,539	13
2009	£261,000	£2,143	4
2008	£152,500	£1,852	1
2007	£276,928	£2,256	7
2006	£339,530	£2,326	5
2005	£192,786	£2,015	7
2004	£264,500	£2,120	4
2003	£228,800	£1,544	5
2002	£174,812	£1,755	8
2001	£219,000	£1,348	3
2000	£149,938	£1,265	8
1999	£105,000	£780	11
1998	£136,500	£709	2
1997	£111,400	£1,327	5
1996	£87,375	£733	4
1995	£70,250	£808	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£425,000	£10,625	1
2023	£410,000	£2,958	2
2022	£468,000	£2,229	2
2021	£440,000	£3,284	1
2020	£240,417	£2,700	6
2018	£500,000		1
2017	£162,500	£952	3
2015	£210,000	£2,234	1
2013	£295,000	£4,120	2

House Type in MK42 7FE area

The most common house types in the MK42 7FE postcode area are Flat (74), Semi-detached (69), and Detached (57).

Total	245
Flat	74
Semi-detached	69
Detached	57
Terraced	43
converted building	2
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (100), and Owned: Owns outright (97).

Owned: Owns with a mortgage or loan	100
Owned: Owns outright	97
Private rented: Private landlord or letting agency	34
Social rented: Other social rented	7
Private rented: Other private rented	5
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the MK42 7FE have 2 people in household (94), and 1 person in household (73).

2 people in household	94
1 person in household	73
3 people in household	36
4 people in household	28
5 people in household	13
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0