Housing Market Analysis for WELLS CLOSE, MK42 8TS

Are you looking to understand MK42 8TS 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 8TS area, explore the MK42 8TS Area information page.
For comprehensive crime statistics in the MK42 8TS area, explore the MK42 8TS Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK42 8TS postcode area, The average prices are as follows,

Detached
- The average price is around £165,341 median price is £150,500 Standard Deviation is £76,618 with Total Sold: 22
- The Last 5 Year average price is £350,000 with Total Sold: 1
- The most recent sale happened at this postcode is 11 WELLS CLOSE: £350,000 (Sold on 13 Sep 2021)
- The first recorded sale happened at this postcode is 18 WELLS CLOSE: £73,000 (Sold on 12 Jan 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK42 8TS 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£350,000	£3,500	1
2015	£266,500	£2,720	2
2014	£249,995	£2,421	1
2007	£229,000	£2,290	2
2006	£222,000		1
2004	£203,000		1
2003	£186,250	£2,106	2
2002	£150,500		2
2001	£118,000		1
2000	£121,000	£1,270	2
1999	£96,000	£960	1
1997	£84,500		2
1996	£83,333	£800	3
1995	£73,000		1

All the Sales in the WELLS CLOSE, MK42 8TS

See the table below for more details on the sold house prices in the MK42 8TS, Bedford postcode.

Address	Sold Date	Price	% Change
11 WELLS CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1983-1990	13 Sep 2021	£350,000	337.50%
	01 Oct 1996	£80,000	First Sale
20 WELLS CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1991-1995	06 Nov 2015	£271,000	15.32%
	26 Jul 2007	£235,000	85.04%
	20 Oct 2000	£127,000	58.75%
	08 Jul 1996	£80,000	First Sale
12 WELLS CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1983-1990	02 Sep 2015	£262,000	First Sale
4 WELLS CLOSEDetached, FreeholdArea: 103.28 Sq.mtrAge: 1983-1990	19 Sep 2014	£249,995	First Sale
7 WELLS CLOSEDetached, FreeholdArea: 100 Sq.mtrAge: 1983-1990	18 May 2007	£223,000	132.29%
	05 Mar 1999	£96,000	First Sale
1 WELLS CLOSEDetached, Freehold	18 Dec 2006	£222,000	53.10%
1 WELLS CLOSEDetached, Freehold	18 Jun 2002	£145,000	First Sale
19 WELLS CLOSEDetached, Freehold	15 Jun 2004	£203,000	72.03%
19 WELLS CLOSEDetached, Freehold	06 Apr 2001	£118,000	First Sale
15 WELLS CLOSEDetached, Freehold	09 Oct 2003	£174,500	115.43%
15 WELLS CLOSEDetached, Freehold	21 Aug 1997	£81,000	First Sale
6 WELLS CLOSEDetached, FreeholdArea: 94 Sq.mtrAge: 1991-1995	30 Sep 2003	£198,000	First Sale
5 WELLS CLOSEDetached, Freehold	06 Sep 2002	£156,000	First Sale
10 WELLS CLOSEDetached, Freehold	27 Mar 2000	£115,000	First Sale
16 WELLS CLOSEDetached, Freehold	03 Jan 1997	£88,000	First Sale
8 WELLS CLOSEDetached, Freehold	22 Nov 1996	£90,000	First Sale
18 WELLS CLOSEDetached, Freehold	12 Jan 1995	£73,000	First Sale

Check out the sold house prices near the MK42 8TS postcode. Properties currently for saleProperties currently for rent

WELLS CLOSE, MK42 8TS Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK42 8TS 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 8TS postcode.

Semi-Detached
- The average price is around £150,198 median price is £135,000 Standard Deviation is £86,069 with Total Sold: 372
- The Last 5 Year average price is £303,382 with Total Sold: 40
- The most recent sale happened at this postcode is , 1A BURGESS CLOSE: £180,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 18 LOVERIDGE AVENUE: £53,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £111,201 median price is £107,000 Standard Deviation is £65,369 with Total Sold: 435
- The Last 5 Year average price is £234,172 with Total Sold: 50
- The most recent sale happened at this postcode is , 19 MORTIMER ROAD: £235,000 (Sold on 26 Jun 2024)
- The first recorded sale happened at this postcode is , 17 WESTMINSTER GARDENS: £45,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £190,470 median price is £181,750 Standard Deviation is £95,897 with Total Sold: 502
- The Last 5 Year average price is £360,809 with Total Sold: 57
- The most recent sale happened at this postcode is , 38 GILBERT CLOSE: £355,000 (Sold on 01 Mar 2024)
- The first recorded sale happened at this postcode is , 295 HILLGROUNDS ROAD: £125,000 (Sold on 12 Jan 1995)
Flat
- The average price is around £70,584 median price is £63,500 Standard Deviation is £37,335 with Total Sold: 42
- The Last 5 Year average price is £143,000 with Total Sold: 1
- The most recent sale happened at this postcode is 1, JACEY COURT, 198 HILLGROUNDS ROAD: £143,000 (Sold on 23 Feb 2024)
- The first recorded sale happened at this postcode is 6, JACEY COURT, 198 HILLGROUNDS ROAD: £29,000 (Sold on 27 Jul 1995)
Other
- The average price is around £519,250 median price is £313,500 Standard Deviation is £459,768 with Total Sold: 4
- The Last 5 Year average price is £519,250 with Total Sold: 4
- The most recent sale happened at this postcode is , 51 VIKING GROVE: £227,000 (Sold on 26 Oct 2023)
- The first recorded sale happened at this postcode is , 206 HONEY HILL ROAD: £150,000 (Sold on 07 May 2021)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,500		4
2023	£312,500	£2,998	5
2022	£336,300	£3,926	6
2021	£310,950	£3,357	10
2020	£263,125	£3,430	4
2019	£284,636	£3,192	11
2018	£280,375	£2,968	8
2017	£256,458	£3,042	13
2016	£245,417	£3,075	6
2015	£193,999	£2,339	8
2014	£177,542	£2,292	12
2013	£168,937	£1,830	8
2012	£163,714	£1,947	7
2011	£164,150	£1,933	10
2010	£157,375	£1,877	12
2009	£161,893	£1,898	14
2008	£169,000	£2,589	4
2007	£181,778	£1,950	18
2006	£164,312	£1,831	24
2005	£157,800	£1,967	10
2004	£159,321	£1,978	14
2003	£134,263	£1,902	19
2002	£106,045	£1,297	11
2001	£86,318	£1,006	25
2000	£83,789	£975	19
1999	£78,406	£1,043	16
1998	£63,815	£771	22
1997	£62,461	£730	19
1996	£54,406	£645	17
1995	£48,438	£657	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,367	£4,397	3
2023	£281,227	£3,752	11
2022	£257,286	£3,703	7
2021	£222,318	£3,322	11
2020	£202,100	£3,271	10
2019	£208,188	£3,428	8
2018	£199,583	£3,647	6
2017	£197,200	£3,407	5
2016	£179,714	£2,927	7
2015	£145,800	£2,709	15
2014	£141,855	£2,405	19
2013	£123,429	£2,044	10
2012	£134,857	£2,031	7
2011	£121,611	£1,981	9
2010	£122,900	£2,082	10
2009	£128,818	£2,056	11
2008	£149,050	£2,371	8
2007	£137,678	£2,551	14
2006	£130,831	£2,241	21
2005	£126,964	£2,137	14
2004	£109,710	£1,931	19
2003	£111,880	£1,789	23
2002	£79,221	£1,520	23
2001	£64,473	£1,155	19
2000	£59,709	£1,006	22
1999	£55,377	£959	28
1998	£49,954	£891	23
1997	£42,659	£714	28
1996	£44,280	£739	25
1995	£39,855	£739	19

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,000		1
2023	£413,000	£4,011	7
2022	£386,125	£4,154	12
2021	£369,773	£3,289	15
2020	£314,050	£3,043	10
2019	£333,292	£3,165	12
2018	£332,692	£3,086	13
2017	£271,450	£2,839	10
2016	£281,314	£3,085	11
2015	£253,888	£2,669	18
2014	£236,833	£2,372	12
2013	£224,624	£2,155	8
2012	£212,095	£2,220	13
2011	£191,000	£1,840	10
2010	£232,984	£2,129	13
2009	£214,633	£1,985	15
2008	£228,500	£2,337	11
2007	£214,909	£2,146	17
2006	£208,000	£2,342	17
2005	£200,194	£2,228	18
2004	£199,362	£1,734	20
2003	£191,758	£1,868	25
2002	£151,395	£1,531	24
2001	£128,514	£1,350	31
2000	£119,637	£1,173	27
1999	£106,418	£1,023	25
1998	£94,510	£1,000	20
1997	£89,834	£842	37
1996	£79,398	£743	34
1995	£80,125	£683	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£143,000	£3,575	1
2017	£190,000		1
2016	£122,000	£3,128	1
2015	£107,000		1
2014	£95,000	£2,317	1
2013	£89,000	£2,282	1
2010	£76,000	£2,003	1
2009	£88,000	£2,146	1
2008	£101,000	£2,625	2
2007	£96,999	£2,479	4
2005	£106,500	£2,250	2
2004	£95,000	£2,317	1
2003	£77,249	£1,804	4
2002	£54,083	£1,093	6
2001	£37,333	£1,041	3
2000	£45,062	£773	3
1999	£31,588	£770	4
1998	£31,495	£768	1
1997	£29,667	£690	3
1995	£29,000	£707	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£227,000	£3,982	1
2021	£616,667	£2,930	3

House Type in MK42 8TS area

The most common house types in the MK42 8TS postcode area are Detached (73), Semi-detached (29), and Terraced (15).

Total	123
Detached	73
Semi-detached	29
Terraced	15
Flat	5
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (44), and Owned: Owns with a mortgage or loan (34).

Owned: Owns outright	44
Owned: Owns with a mortgage or loan	34
Social rented: Other social rented	26
Private rented: Private landlord or letting agency	14
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK42 8TS have 2 people in household (47), and 3 people in household (22).

2 people in household	47
3 people in household	22
1 person in household	20
4 people in household	17
5 people in household	14
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0