Housing Market Analysis for FRANKLIN CLOSE, MK43 0LR

Are you looking to understand MK43 0LR 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 Central Bedfordshire postcode.

For the location information and nearby amenities in the MK43 0LR area, explore the MK43 0LR Area information page.
For comprehensive crime statistics in the MK43 0LR area, explore the MK43 0LR Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK43 0LR postcode area, The average prices are as follows,

Terraced
- The average price is around £117,026 median price is £118,000 Standard Deviation is £58,072 with Total Sold: 42
- The Last 5 Year average price is £260,000 with Total Sold: 3
- The most recent sale happened at this postcode is 6 FRANKLIN CLOSE: £275,000 (Sold on 30 Nov 2023)
- The first recorded sale happened at this postcode is 10 FRANKLIN CLOSE: £36,000 (Sold on 20 Nov 1995)
Semi-Detached
- The average price is around £77,600 median price is £77,600 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 8 FRANKLIN CLOSE: £77,600 (Sold on 13 Feb 2004)
- The first recorded sale happened at this postcode is 8 FRANKLIN CLOSE: £77,600 (Sold on 13 Feb 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average MK43 0LR 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£275,000	£3,873	1
2021	£275,000	£3,873	1
2019	£230,000	£3,239	1
2017	£211,135	£2,974	1
2016	£205,000	£2,412	1
2014	£156,998	£2,238	2
2010	£142,000	£1,986	2
2009	£136,000	£1,964	1
2007	£146,995	£2,070	2
2005	£140,665	£1,887	3
2004	£125,750	£1,803	6
2003	£124,000		1
2002	£101,667	£1,372	3
2001	£80,399	£1,052	5
2000	£64,000	£901	1
1999	£65,750	£795	4
1998	£55,000	£746	2
1997	£52,625	£686	4
1995	£36,000	£507	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2004	£77,600		1

All the Sales in the FRANKLIN CLOSE, MK43 0LR

See the table below for more details on the sold house prices in the MK43 0LR, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
6 FRANKLIN CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	30 Nov 2023	£275,000	19.57%
	09 May 2019	£230,000	43.75%
	18 Jul 2014	£159,995	15.94%
	29 Oct 2004	£138,000	115.62%
	03 Mar 2000	£64,000	First Sale
8A FRANKLIN CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	24 Sep 2021	£275,000	105.22%
	21 Oct 2005	£134,000	First Sale
9 FRANKLIN CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	09 May 2017	£211,135	43.63%
	28 Feb 2007	£146,995	13.95%
	10 Dec 2004	£129,000	56.37%
	27 Jul 2001	£82,495	55.65%
	18 Sep 1998	£53,000	First Sale
7 FRANKLIN CLOSETerraced, FreeholdArea: 85 Sq.mtrAge: 1967-1975	04 Oct 2016	£205,000	62.70%
	11 Jun 2004	£126,000	51.81%
	23 Nov 2001	£83,000	First Sale
3 FRANKLIN CLOSETerraced, FreeholdArea: 69.26 Sq.mtrAge: 1976-1982	10 Jan 2014	£154,000	13.24%
	06 Nov 2009	£136,000	-0.37%
	20 Aug 2004	£136,500	First Sale
10 FRANKLIN CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	18 Nov 2010	£144,000	209.68%
	03 Dec 1997	£46,500	29.17%
	20 Nov 1995	£36,000	First Sale
12 FRANKLIN CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-1990	13 Aug 2010	£140,000	47.37%
	11 Oct 2002	£95,000	58.33%
	22 Jul 1999	£60,000	23.71%
	09 May 1997	£48,500	First Sale
2 FRANKLIN CLOSETerraced, Freehold	26 Jan 2007	£146,995	First Sale
13 FRANKLIN CLOSETerraced, Freehold	21 Nov 2005	£133,000	6.40%
	07 Jun 2004	£125,000	25.00%
	30 Jan 2004	£100,000	22.70%
	20 Jul 2001	£81,500	42.98%
	13 Jul 1998	£57,000	First Sale
17 FRANKLIN CLOSETerraced, Freehold	28 Oct 2005	£154,995	90.18%
	23 Dec 1999	£81,500	39.32%
	02 May 1997	£58,500	First Sale
8 FRANKLIN CLOSESemi-Detached, Freehold	13 Feb 2004	£77,600	First Sale
16 FRANKLIN CLOSETerraced, Freehold	14 Mar 2003	£124,000	85.07%
16 FRANKLIN CLOSETerraced, Freehold	30 Apr 1999	£67,000	First Sale
15 FRANKLIN CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1950-1966	22 Nov 2002	£112,000	45.45%
	20 Jul 2001	£77,000	35.09%
	10 Oct 1997	£57,000	First Sale
11 FRANKLIN CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	13 Sep 2002	£98,000	25.64%
	08 Jun 2001	£78,000	43.12%
	31 Mar 1999	£54,500	First Sale

Check out the sold house prices near the MK43 0LR postcode. Properties currently for saleProperties currently for rent

FRANKLIN CLOSE, MK43 0LR Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK43 0LR 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 MK43 0LR postcode.

Detached
- The average price is around £253,664 median price is £237,450 Standard Deviation is £130,575 with Total Sold: 246
- The Last 5 Year average price is £443,767 with Total Sold: 30
- The most recent sale happened at this postcode is , 126A BEDFORD ROAD: £480,000 (Sold on 05 Jul 2024)
- The first recorded sale happened at this postcode is , 4 CHEQUERS CLOSE: £136,000 (Sold on 15 Dec 1995)
Terraced
- The average price is around £140,916 median price is £134,000 Standard Deviation is £75,326 with Total Sold: 167
- The Last 5 Year average price is £255,518 with Total Sold: 25
- The most recent sale happened at this postcode is , 5 ALLEN COURT: £242,500 (Sold on 16 Feb 2024)
- The first recorded sale happened at this postcode is , 113 LOWER SHELTON ROAD: £47,000 (Sold on 31 Mar 1995)
Semi-Detached
- The average price is around £172,730 median price is £162,500 Standard Deviation is £99,953 with Total Sold: 169
- The Last 5 Year average price is £337,174 with Total Sold: 23
- The most recent sale happened at this postcode is , 19 LOWER SHELTON ROAD: £370,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is , 123 LOWER SHELTON ROAD: £57,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £68,000 median price is £68,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 11 THE RICKYARD: £68,000 (Sold on 15 Jan 2010)
- The first recorded sale happened at this postcode is , 11 THE RICKYARD: £68,000 (Sold on 15 Jan 2010)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£480,000		1
2023	£548,800	£3,667	5
2022	£420,000	£5,060	1
2021	£446,583	£3,434	6
2020	£417,450	£3,579	10
2019	£402,143	£3,241	7
2018	£435,687	£3,356	8
2017	£397,125	£3,071	8
2016	£377,045	£3,089	11
2015	£306,571	£2,866	7
2014	£293,610	£2,635	9
2013	£259,000	£3,075	5
2012	£265,500	£2,929	4
2011	£243,333	£1,776	3
2010	£241,833	£2,377	6
2009	£241,500	£2,005	7
2008	£296,500	£2,435	4
2007	£283,999	£2,461	10
2006	£273,228	£2,393	16
2005	£238,411	£2,582	9
2004	£243,778	£1,983	9
2003	£232,000	£1,600	4
2002	£191,943	£1,702	9
2001	£183,047	£1,465	19
2000	£181,752	£1,425	17
1999	£125,660	£1,215	9
1998	£112,500	£1,015	7
1997	£102,225	£823	12
1996	£91,810	£851	22
1995	£136,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£242,500		1
2023	£248,500	£3,599	3
2022	£308,862	£4,136	4
2021	£243,071	£3,438	7
2020	£250,500	£2,767	4
2019	£243,500	£3,115	6
2018	£252,400	£3,455	5
2017	£168,226	£2,904	5
2016	£198,875	£2,887	8
2015	£204,998	£3,009	2
2014	£153,799	£1,865	5
2013	£153,667	£1,997	3
2012	£145,750	£2,132	4
2011	£112,800	£1,495	5
2010	£155,833	£2,089	3
2009	£144,000	£2,067	3
2008	£138,250	£1,962	2
2007	£152,642	£2,214	6
2006	£174,540	£2,347	10
2005	£150,785	£2,006	7
2004	£128,800	£1,601	10
2003	£141,750		2
2002	£108,129	£1,445	7
2001	£79,050	£1,034	10
2000	£72,286	£1,017	7
1999	£64,667	£908	12
1998	£55,472	£775	10
1997	£53,243	£788	8
1996	£49,000	£885	5
1995	£48,200	£531	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£397,000	£5,116	4
2022	£324,250	£4,013	4
2021	£300,714	£3,904	7
2020	£428,333	£2,991	3
2019	£296,000	£3,024	5
2018	£256,000	£3,037	2
2017	£259,688	£2,981	8
2016	£292,665	£2,890	3
2014	£202,610	£2,569	9
2013	£159,000	£2,880	3
2012	£170,000	£2,058	4
2011	£172,333	£2,347	3
2010	£182,250	£2,546	4
2009	£187,500	£2,333	4
2008	£188,494	£2,415	9
2007	£192,000	£2,872	3
2006	£188,785	£2,220	7
2005	£189,279	£2,106	7
2004	£153,138	£1,957	8
2003	£165,778	£1,417	9
2002	£133,432	£1,574	10
2001	£116,999	£1,366	8
2000	£88,260	£859	7
1999	£71,250	£1,097	4
1998	£80,333	£936	6
1997	£66,633	£834	18
1996	£51,340	£722	7
1995	£47,500		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2010	£68,000	£1,022	1

House Type in MK43 0LR area

The most common house types in the MK43 0LR postcode area are Terraced (50), Detached (40), and Semi-detached (38).

Total	128
Terraced	50
Detached	40
Semi-detached	38
Flat	0
Shared house	0
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 with a mortgage or loan (68), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	68
Owned: Owns outright	39
Private rented: Private landlord or letting agency	15
Private rented: Other private rented	4
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	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 MK43 0LR have 2 people in household (49), and 1 person in household (30).

2 people in household	49
1 person in household	30
3 people in household	22
4 people in household	16
5 people in household	7
6 people in household	3
7 people in household	1
0 people in household	0
8 or more people in household	0