Housing Market Analysis for NEW ROAD, MK45 2BG

Are you looking to understand MK45 2BG 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 2BG area, explore the MK45 2BG Area information page.
For comprehensive crime statistics in the MK45 2BG area, explore the MK45 2BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK45 2BG postcode area, The average prices are as follows,

  • Detached
    • The average price is around £444,800 median price is £375,000 Standard Deviation is £192,261 with Total Sold: 5
    • The Last 5 Year average price is £705,000 with Total Sold: 1
    • The most recent sale happened at this postcode is RUSSELLS FARM HOUSE NEW ROAD: £705,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is NEW ROAD FARM NEW ROAD: £185,000 (Sold on 23 May 1997)
  • Other
    • The average price is around £233,000 median price is £150,000 Standard Deviation is £137,244 with Total Sold: 5
    • The Last 5 Year average price is £275,000 with Total Sold: 2
    • The most recent sale happened at this postcode is UNITS 5 AND 8, BLACK MOOR FARM BUSINESS PARK NEW ROAD: £400,000 (Sold on 13 Nov 2020)
    • The first recorded sale happened at this postcode is UNIT 12, BLACK MOOR FARM BUSINESS PARK NEW ROAD: £110,000 (Sold on 17 Sep 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average MK45 2BG 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£705,000 £3,373 1
2006£625,0001
2002£334,0001
2001£375,0001
1997£185,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£275,0002
2016£252,5002
2014£110,0001

All the Sales in the NEW ROAD, MK45 2BG

See the table below for more details on the sold house prices in the MK45 2BG, Central Bedfordshire postcode.

AddressSold DatePrice% Change
RUSSELLS FARM HOUSE NEW ROADDetached, FreeholdArea: 209 Sq.mtrAge: 1900-192926 Feb 2021£705,000First Sale
UNITS 5 AND 8, BLACK MOOR FARM BUSINESS PARK NEW ROADOther, Leasehold13 Nov 2020£400,000First Sale
UNIT 9, BLACK MOOR FARM BUSINESS PARK NEW ROADOther, Leasehold20 Aug 2020£150,00042.86%
13 May 2016£105,000First Sale
UNITS 3 AND 4, BLACK MOOR FARM BUSINESS PARK NEW ROADOther, Leasehold09 Dec 2016£400,000First Sale
UNIT 12, BLACK MOOR FARM BUSINESS PARK NEW ROADOther, Leasehold17 Sep 2014£110,000First Sale
RUSSELL FARM NEW ROADDetached, Freehold01 Sep 2006£625,00066.67%
03 May 2001£375,000First Sale
NEW ROAD FARM NEW ROADDetached, Freehold21 Jun 2002£334,00080.54%
23 May 1997£185,000First Sale

Check out the sold house prices near the MK45 2BG postcode. Properties currently for saleProperties currently for rent

NEW ROAD, MK45 2BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK45 2BG 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 2BG postcode.

  • Detached
    • The average price is around £374,500 median price is £334,000 Standard Deviation is £251,396 with Total Sold: 17
    • The Last 5 Year average price is £877,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , MODEL FARM NEW ROAD: £1,050,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is MEADOW VIEW 2, THE BARNS NEW ROAD: £117,000 (Sold on 03 Jul 1995)
  • Semi-Detached
    • The average price is around £205,250 median price is £162,500 Standard Deviation is £103,638 with Total Sold: 4
    • The Last 5 Year average price is £377,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, PUMPING STATION NEW ROAD: £377,500 (Sold on 14 Oct 2022)
    • The first recorded sale happened at this postcode is 1, PUMPING STATION NEW ROAD: £118,500 (Sold on 25 Jan 2002)
  • Other
    • The average price is around £233,000 median price is £150,000 Standard Deviation is £137,244 with Total Sold: 5
    • The Last 5 Year average price is £275,000 with Total Sold: 2
    • The most recent sale happened at this postcode is UNITS 5 AND 8, BLACK MOOR FARM BUSINESS PARK NEW ROAD: £400,000 (Sold on 13 Nov 2020)
    • The first recorded sale happened at this postcode is UNIT 12, BLACK MOOR FARM BUSINESS PARK NEW ROAD: £110,000 (Sold on 17 Sep 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,050,000 £6,774 1
2021£705,000 £3,373 1
2014£497,500 £3,966 2
2012£455,0001
2006£562,5002
2002£316,000 £2,310 2
2001£375,0001
2000£225,000 £1,744 1
1997£185,0001
1996£122,500 £994 3
1995£126,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£377,500 £4,194 1
2006£195,000 £1,444 1
2003£130,000 £963 1
2002£118,500 £1,317 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£275,0002
2016£252,5002
2014£110,0001

House Type in MK45 2BG area

The most common house types in the MK45 2BG postcode area are Detached (41), Semi-detached (11), and Flat (1).

Total55
Detached41
Semi-detached11
Flat1
Shared house1
temporary structure1
Terraced0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (37), and Owned: Owns with a mortgage or loan (12).

Owned: Owns outright37
Owned: Owns with a mortgage or loan12
Social rented: Rents from council or Local Authority3
Private rented: Private landlord or letting agency3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the MK45 2BG have 2 people in household (28), and 3 people in household (10).

2 people in household28
3 people in household10
1 person in household7
4 people in household7
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0