Housing Market Analysis for MILLFIELD CLOSE, MK45 1LB

Are you looking to understand MK45 1LB 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 MK45 1LB area, explore the MK45 1LB Area information page.
For comprehensive crime statistics in the MK45 1LB area, explore the MK45 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK45 1LB postcode area, The average prices are as follows,

Detached
- The average price is around £269,684 median price is £251,750 Standard Deviation is £155,463 with Total Sold: 16
- The Last 5 Year average price is £506,375 with Total Sold: 4
- The most recent sale happened at this postcode is 7 MILLFIELD CLOSE: £557,500 (Sold on 11 Oct 2022)
- The first recorded sale happened at this postcode is 6 MILLFIELD CLOSE: £129,500 (Sold on 17 Oct 1997)
Semi-Detached
- The average price is around £355,000 median price is £355,000 Standard Deviation is £30,000 with Total Sold: 2
- The most recent sale happened at this postcode is 11 MILLFIELD CLOSE: £385,000 (Sold on 27 Jul 2018)
- The first recorded sale happened at this postcode is 11 MILLFIELD CLOSE: £325,000 (Sold on 15 Dec 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average MK45 1LB 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
2022	£497,750	£4,587	2
2021	£430,000	£4,831	1
2019	£600,000	£3,822	1
2013	£290,000	£2,871	1
2005	£264,000	£1,905	2
2003	£268,725	£2,338	2
2001	£167,167	£1,110	3
2000	£125,000		1
1998	£60,000		1
1997	£123,750		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£385,000	£4,667	1
2010	£325,000	£3,939	1

All the Sales in the MILLFIELD CLOSE, MK45 1LB

See the table below for more details on the sold house prices in the MK45 1LB, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
7 MILLFIELD CLOSEDetached, FreeholdArea: 148 Sq.mtrAge: 1967-1975	11 Oct 2022	£557,500	97.70%
	24 Nov 2005	£282,000	77.36%
	31 May 2001	£159,000	First Sale
16 MILLFIELD CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	15 Aug 2022	£438,000	First Sale
14 MILLFIELD CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	23 Mar 2021	£430,000	First Sale
17 MILLFIELD CLOSEDetached, FreeholdArea: 157 Sq.mtrAge: 1967-1975	21 Oct 2019	£600,000	114.32%
	07 Apr 2003	£279,950	55.53%
	16 Feb 2001	£180,000	First Sale
11 MILLFIELD CLOSESemi-Detached, FreeholdArea: 82.5 Sq.mtrAge: 1967-1975	27 Jul 2018	£385,000	18.46%
	15 Dec 2010	£325,000	First Sale
9 MILLFIELD CLOSEDetached, FreeholdArea: 101 Sq.mtrAge: 1967-1975	25 Nov 2013	£290,000	First Sale
6 MILLFIELD CLOSEDetached, Freehold	13 Dec 2005	£246,000	89.96%
6 MILLFIELD CLOSEDetached, Freehold	17 Oct 1997	£129,500	First Sale
10 MILLFIELD CLOSEDetached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	04 Nov 2003	£257,500	First Sale
4 MILLFIELD CLOSEDetached, Freehold	27 Feb 2001	£162,500	30.00%
4 MILLFIELD CLOSEDetached, Freehold	07 Jul 2000	£125,000	First Sale
8 MILLFIELD CLOSEDetached, Freehold	28 Sep 1998	£60,000	First Sale
5 MILLFIELD CLOSEDetached, Freehold	12 Nov 1997	£118,000	First Sale

Check out the sold house prices near the MK45 1LB postcode. Properties currently for saleProperties currently for rent

MILLFIELD CLOSE, MK45 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK45 1LB 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 MK45 1LB postcode.

Semi-Detached
- The average price is around £207,433 median price is £208,000 Standard Deviation is £103,879 with Total Sold: 465
- The Last 5 Year average price is £342,456 with Total Sold: 77
- The most recent sale happened at this postcode is , 11 EASTON ROAD: £355,000 (Sold on 28 Aug 2024)
- The first recorded sale happened at this postcode is , 75 KINGS ROAD: £45,000 (Sold on 09 Jan 1995)
Detached
- The average price is around £247,800 median price is £232,500 Standard Deviation is £134,695 with Total Sold: 320
- The Last 5 Year average price is £436,352 with Total Sold: 49
- The most recent sale happened at this postcode is , 60 ELMWOOD CRESCENT: £380,000 (Sold on 02 May 2024)
- The first recorded sale happened at this postcode is , 14 GARDENERS CLOSE: £70,000 (Sold on 28 Feb 1995)
Terraced
- The average price is around £165,370 median price is £166,500 Standard Deviation is £89,020 with Total Sold: 114
- The Last 5 Year average price is £309,133 with Total Sold: 15
- The most recent sale happened at this postcode is , 45 HATFIELD ROAD: £280,000 (Sold on 08 Mar 2024)
- The first recorded sale happened at this postcode is , 17 EASTON ROAD: £46,500 (Sold on 31 Mar 1995)
Flat
- The average price is around £116,152 median price is £105,000 Standard Deviation is £60,373 with Total Sold: 73
- The Last 5 Year average price is £182,993 with Total Sold: 14
- The most recent sale happened at this postcode is 2, NEWBERRY COURT KINGS ROAD: £195,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 3, DUKES COURT KINGS ROAD: £30,000 (Sold on 24 Feb 1995)
Other
- The average price is around £440,833 median price is £245,000 Standard Deviation is £525,963 with Total Sold: 6
- The Last 5 Year average price is £560,000 with Total Sold: 4
- The most recent sale happened at this postcode is , 65 - 67 STATION ROAD: £150,000 (Sold on 30 Jun 2022)
- The first recorded sale happened at this postcode is , 53C STATION ROAD: £80,000 (Sold on 17 Feb 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£330,000	£4,025	6
2023	£371,000	£4,617	14
2022	£356,231	£4,257	13
2021	£345,206	£4,081	17
2020	£362,038	£3,611	13
2019	£284,936	£3,331	14
2018	£334,273	£3,522	11
2017	£293,667	£3,841	21
2016	£297,633	£3,048	17
2015	£286,433	£3,301	15
2014	£216,000	£2,451	6
2013	£223,519	£2,588	13
2012	£222,115	£2,454	13
2011	£192,112	£2,286	21
2010	£234,380	£2,692	13
2009	£199,623	£2,490	13
2008	£223,185	£3,245	12
2007	£227,875	£2,643	16
2006	£234,417	£2,312	12
2005	£192,413	£2,093	23
2004	£196,437	£1,808	16
2003	£179,582	£1,856	21
2002	£148,832	£1,567	29
2001	£116,930	£1,257	14
2000	£97,603	£1,026	14
1999	£89,447	£1,139	19
1998	£81,405	£996	19
1997	£64,886	£750	22
1996	£61,562	£558	12
1995	£57,016	£603	16

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,000		1
2023	£387,250	£4,397	8
2022	£476,938	£4,104	8
2021	£407,846	£3,822	13
2020	£470,568	£3,902	11
2019	£451,188	£3,689	8
2018	£415,071	£3,532	7
2017	£345,000	£3,136	1
2016	£342,700	£3,155	5
2015	£398,150	£3,176	10
2014	£320,000	£2,817	9
2013	£291,269	£2,511	13
2012	£253,500	£2,444	12
2011	£231,786	£2,304	7
2010	£273,437	£2,284	8
2009	£249,750	£2,503	12
2008	£246,889	£2,774	9
2007	£258,300	£2,624	10
2006	£266,920	£2,332	13
2005	£255,090	£2,240	10
2004	£281,656	£2,233	16
2003	£232,272	£2,165	9
2002	£174,134	£1,558	10
2001	£159,093	£1,358	18
2000	£149,521	£1,312	21
1999	£129,966	£1,181	15
1998	£100,267	£888	15
1997	£101,707	£922	22
1996	£94,499	£866	8
1995	£76,272	£780	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000	£3,256	1
2023	£340,000	£4,025	2
2022	£251,750	£4,949	2
2021	£359,000	£3,676	4
2020	£308,333	£2,857	3
2019	£270,833	£3,077	3
2018	£258,000	£4,074	3
2017	£263,499	£3,087	4
2016	£240,000	£2,474	1
2015	£235,500	£2,804	6
2014	£191,000	£2,377	2
2013	£169,000	£1,565	1
2012	£144,000	£1,625	2
2011	£182,660	£1,780	5
2010	£177,800	£2,340	5
2008	£187,667	£2,745	3
2007	£196,929	£2,677	7
2006	£164,874	£2,000	4
2005	£168,375	£2,101	4
2004	£169,749	£1,698	4
2003	£141,600	£1,284	5
2002	£140,207	£1,490	7
2001	£79,499	£1,347	5
2000	£79,300	£1,039	5
1999	£83,000	£863	6
1998	£67,999	£740	4
1997	£69,290	£871	5
1996	£48,380	£751	8
1995	£50,833	£544	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£242,500		2
2022	£205,000	£3,388	1
2021	£184,771	£3,126	7
2020	£129,500	£2,658	3
2019	£190,000	£3,140	1
2018	£184,750	£3,162	3
2017	£181,250	£3,993	2
2016	£141,500	£3,830	4
2015	£133,000	£2,067	2
2014	£88,500	£2,697	2
2012	£85,000	£1,977	1
2009	£249,995	£2,281	1
2008	£145,750	£2,479	4
2007	£126,375	£2,644	4
2006	£106,800	£2,442	2
2005	£100,750	£2,226	4
2004	£99,374	£1,877	4
2003	£81,349	£1,435	7
2002	£66,780	£1,753	5
2001	£59,248	£1,157	4
2000	£59,995	£1,333	1
1999	£46,000	£1,022	1
1998	£43,000	£694	4
1997	£35,000	£854	1
1996	£35,500	£634	1
1995	£32,500	£747	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£160,000		2
2021	£1,600,000		1
2020	£320,000		1
2018	£325,000		1
2017	£80,000	£645	1

House Type in MK45 1LB area

The most common house types in the MK45 1LB postcode area are Semi-detached (61), Detached (27), and Flat (20).

Total	121
Semi-detached	61
Detached	27
Flat	20
Terraced	9
converted building	3
commercial building	1
Shared house	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright	58
Owned: Owns with a mortgage or loan	36
Private rented: Private landlord or letting agency	22
Social rented: Other social rented	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the MK45 1LB have 2 people in household (54), and 1 person in household (39).

2 people in household	54
1 person in household	39
3 people in household	18
4 people in household	9
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0