Housing Market Analysis for VICTORIA DRIVE, MK45 3LY

Are you looking to understand MK45 3LY 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 3LY area, explore the MK45 3LY Area information page.
For comprehensive crime statistics in the MK45 3LY area, explore the MK45 3LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK45 3LY postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £244,249 median price is £222,500 Standard Deviation is £82,057 with Total Sold: 12
- The Last 5 Year average price is £327,499 with Total Sold: 4
- The most recent sale happened at this postcode is 26 VICTORIA DRIVE: £375,000 (Sold on 14 Aug 2023)
- The first recorded sale happened at this postcode is 6 VICTORIA DRIVE: £305,000 (Sold on 01 Mar 2024)
Terraced
- The average price is around £117,028 median price is £113,000 Standard Deviation is £63,147 with Total Sold: 35
- The Last 5 Year average price is £256,333 with Total Sold: 3
- The most recent sale happened at this postcode is 30 VICTORIA DRIVE: £299,000 (Sold on 19 Jul 2023)
- The first recorded sale happened at this postcode is 22 VICTORIA DRIVE: £52,500 (Sold on 30 Jan 1995)
Detached
- The average price is around £212,333 median price is £272,000 Standard Deviation is £104,806 with Total Sold: 3
- The Last 5 Year average price is £300,000 with Total Sold: 1
- The most recent sale happened at this postcode is 2 VICTORIA DRIVE: £300,000 (Sold on 07 Jul 2023)
- The first recorded sale happened at this postcode is 2 VICTORIA DRIVE: £65,000 (Sold on 05 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK45 3LY 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£375,000	£4,310	1
2021	£350,000	£2,713	1
2020	£279,995	£3,733	1
2017	£319,995	£3,066	1
2010	£207,500	£1,988	1
2007	£217,500		1
2005	£201,875	£1,886	4
1998	£68,500	£531	1
2024	£305,000	£4,067	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£299,000	£3,250	1
2019	£235,000	£3,456	2
2015	£147,500	£2,837	1
2014	£188,333	£2,814	3
2013	£113,000	£2,173	1
2011	£116,000	£2,279	1
2008	£154,000		1
2007	£176,000	£2,716	1
2006	£119,167	£2,308	3
2005	£137,750	£1,993	2
2004	£130,250	£1,899	2
2003	£115,500	£1,655	2
2002	£103,500		1
2001	£65,995	£1,297	1
2000	£75,498	£954	3
1999	£81,995	£891	1
1997	£62,500	£679	2
1996	£45,915	£589	6
1995	£52,500	£772	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£300,000	£3,371	1
2016	£272,000	£2,365	1
1995	£65,000	£730	1

All the Sales in the VICTORIA DRIVE, MK45 3LY

See the table below for more details on the sold house prices in the MK45 3LY, Central Bedfordshire postcode.

Address	Sold Date	Price	% Change
26 VICTORIA DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1983-1990	14 Aug 2023	£375,000	92.31%
	17 Mar 2005	£195,000	First Sale
30 VICTORIA DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1983-1990	19 Jul 2023	£299,000	84.00%
	16 Sep 2005	£162,500	12.07%
	30 Jan 2004	£145,000	76.84%
	17 Sep 1999	£81,995	32.25%
	12 Sep 1997	£62,000	First Sale
2 VICTORIA DRIVEDetached, FreeholdArea: 89 Sq.mtrAge: 1976-1982	07 Jul 2023	£300,000	361.54%
	05 Oct 1995	£65,000	First Sale
24 VICTORIA DRIVESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1967-1975	19 May 2021	£350,000	53.85%
	30 Aug 2005	£227,500	232.12%
	31 Jul 1998	£68,500	First Sale
6 VICTORIA DRIVESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1991-1995	07 Aug 2020	£279,995	-8.20%
	01 Mar 2024	£305,000	First Sale
22 VICTORIA DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1983-1990	28 Jun 2019	£220,000	-12.00%
	29 Mar 2019	£250,000	28.21%
	15 Dec 2014	£195,000	5.41%
	12 Dec 2014	£185,000	252.38%
	30 Jan 1995	£52,500	First Sale
8 VICTORIA DRIVESemi-Detached, FreeholdArea: 104.37 Sq.mtrAge: 1983-1990	07 Nov 2017	£319,995	54.21%
	24 Sep 2010	£207,500	20.29%
	16 Sep 2005	£172,500	First Sale
4A VICTORIA DRIVEDetached, FreeholdArea: 115 Sq.mtrAge: 2003-2006	16 Nov 2016	£272,000	First Sale
44 VICTORIA DRIVETerraced, FreeholdArea: 52 Sq.mtrAge: 1976-1982	13 Apr 2015	£147,500	30.53%
	02 Apr 2013	£113,000	-5.83%
	20 Jan 2006	£120,000	3.90%
	14 Jun 2004	£115,500	2210.00%
	04 Jun 1996	£5,000	First Sale
20 VICTORIA DRIVETerraced, FreeholdArea: 64.8 Sq.mtrAge: 1983-1990	10 Feb 2014	£185,000	5.11%
	28 Aug 2007	£176,000	193.36%
	28 Nov 1996	£59,995	First Sale
42 VICTORIA DRIVETerraced, FreeholdArea: 50.9 Sq.mtrAge: 1983-1990	04 Mar 2011	£116,000	-1.28%
	30 Mar 2006	£117,500	3.98%
	31 Jan 2005	£113,000	24.18%
	30 May 2003	£91,000	37.89%
	25 May 2001	£65,995	First Sale
16 VICTORIA DRIVETerraced, Freehold	15 Oct 2008	£154,000	220.83%
16 VICTORIA DRIVETerraced, Freehold	03 May 1996	£48,000	First Sale
10 VICTORIA DRIVESemi-Detached, Freehold	06 Aug 2007	£217,500	First Sale
40 VICTORIA DRIVETerraced, FreeholdArea: 52 Sq.mtrAge: 1983-1990	21 Nov 2006	£120,000	122.22%
	25 Feb 2000	£54,000	36.71%
	06 Dec 1996	£39,500	First Sale
4 VICTORIA DRIVESemi-Detached, Freehold	16 Sep 2005	£212,500	First Sale
12 VICTORIA DRIVETerraced, FreeholdArea: 92 Sq.mtrAge: 1983-1990	25 Jul 2003	£140,000	75.01%
	14 Apr 2000	£79,995	26.98%
	27 Nov 1997	£63,000	18.87%
	26 Jul 1996	£53,000	First Sale
38 VICTORIA DRIVETerraced, Freehold	24 May 2002	£103,500	First Sale
18 VICTORIA DRIVETerraced, Freehold	14 Jan 2000	£92,500	32.15%
18 VICTORIA DRIVETerraced, Freehold	31 Oct 1996	£69,995	First Sale

Check out the sold house prices near the MK45 3LY postcode. Properties currently for saleProperties currently for rent

VICTORIA DRIVE, MK45 3LY Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK45 3LY 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 3LY postcode.

Semi-Detached
- The average price is around £215,671 median price is £220,000 Standard Deviation is £100,891 with Total Sold: 333
- The Last 5 Year average price is £305,145 with Total Sold: 108
- The most recent sale happened at this postcode is , 29 LITTLE END GARDENS: £365,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 9 PEMBROKE ROAD: £57,000 (Sold on 17 Mar 1995)
Detached
- The average price is around £340,227 median price is £340,000 Standard Deviation is £179,125 with Total Sold: 405
- The Last 5 Year average price is £459,887 with Total Sold: 146
- The most recent sale happened at this postcode is , 2 GLEBE WAY: £415,000 (Sold on 23 Apr 2024)
- The first recorded sale happened at this postcode is , 2 SYBILS WAY: £129,995 (Sold on 27 Jan 1995)
Other
- The average price is around £1,640,088 median price is £628,392 Standard Deviation is £2,124,708 with Total Sold: 13
- The Last 5 Year average price is £605,434 with Total Sold: 8
- The most recent sale happened at this postcode is , THE OAK HOUSE, 12 WOODING CLOSE: £80,000 (Sold on 12 Apr 2024)
- The first recorded sale happened at this postcode is , 5 WINDMILL VIEW: £4,500,000 (Sold on 28 Dec 2016)
Terraced
- The average price is around £132,631 median price is £129,000 Standard Deviation is £72,731 with Total Sold: 197
- The Last 5 Year average price is £231,799 with Total Sold: 25
- The most recent sale happened at this postcode is , 19 BEDFORD ROAD: £225,000 (Sold on 01 Dec 2023)
- The first recorded sale happened at this postcode is , 22 VICTORIA DRIVE: £52,500 (Sold on 30 Jan 1995)
Flat
- The average price is around £119,000 median price is £119,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is , 4 ALMERS CLOSE: £119,000 (Sold on 21 Mar 2006)
- The first recorded sale happened at this postcode is , 4 ALMERS CLOSE: £119,000 (Sold on 21 Mar 2006)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,100	£4,067	5
2023	£286,486	£3,794	13
2022	£341,196	£4,283	14
2021	£316,455	£3,501	22
2020	£298,132	£3,806	30
2019	£291,170	£3,410	24
2018	£275,972	£3,314	12
2017	£296,399	£3,659	5
2016	£307,110	£2,940	9
2015	£246,498	£2,631	5
2014	£233,083	£2,798	6
2013	£186,188	£2,513	8
2012	£219,500	£2,168	5
2011	£194,125	£2,459	8
2010	£247,758	£2,335	13
2009	£161,750	£2,324	8
2008	£198,083	£2,416	6
2007	£206,671	£2,497	10
2006	£206,715	£2,244	22
2005	£181,200	£2,349	15
2004	£194,750	£1,993	10
2003	£169,857	£2,247	7
2002	£142,875	£1,570	9
2001	£122,994	£1,320	9
2000	£77,417	£1,110	9
1999	£64,028	£917	9
1998	£85,105	£806	9
1997	£66,835	£916	11
1996	£56,950	£640	11
1995	£63,166	£781	9

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£365,000		2
2023	£585,295	£4,031	10
2022	£665,003	£3,995	19
2021	£436,686	£2,989	35
2020	£377,140	£3,086	30
2019	£426,547	£3,531	50
2018	£486,450	£3,726	32
2017	£379,062	£3,831	8
2016	£426,000	£3,266	6
2015	£352,773	£3,071	11
2014	£386,500	£4,976	4
2013	£305,333	£2,389	6
2012	£315,400	£2,492	5
2011	£242,600	£2,646	5
2010	£321,550	£2,516	16
2009	£338,667	£2,426	6
2008	£253,750	£2,183	2
2007	£322,244	£2,537	8
2006	£274,533	£2,463	15
2005	£305,778	£2,196	9
2004	£296,499	£1,893	13
2003	£266,035	£1,877	14
2002	£264,055	£1,628	18
2001	£164,061	£1,525	11
2000	£137,996	£1,284	8
1999	£107,929	£1,282	7
1998	£133,945	£1,051	11
1997	£110,500	£817	12
1996	£112,029	£866	17
1995	£107,531	£1,016	15

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£80,000		1
2020	£539,001	£6,224	3
2019	£786,616	£5,839	4
2018	£887,669	£10,825	1
2017	£4,045,000	£29,418	2
2016	£3,750,000	£29,528	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£212,250	£3,210	8
2021	£267,498	£3,617	10
2020	£196,250	£3,879	2
2019	£205,900	£3,509	5
2018	£236,695	£3,202	10
2017	£160,000	£4,103	1
2016	£200,000	£3,121	4
2015	£171,437	£2,749	8
2014	£182,750	£2,672	8
2013	£118,250	£2,262	4
2012	£144,429	£2,326	7
2011	£109,433	£2,167	3
2010	£208,490	£2,525	5
2009	£121,150	£2,430	2
2008	£127,333	£2,101	3
2007	£163,875	£2,760	8
2006	£140,441	£2,472	13
2005	£139,722	£2,131	9
2004	£141,125	£2,080	8
2003	£108,333	£1,916	6
2002	£96,285	£1,583	11
2001	£84,611	£1,272	4
2000	£72,355	£1,076	7
1999	£62,500	£1,014	12
1998	£46,562	£870	8
1997	£50,638	£796	13
1996	£45,325	£596	13
1995	£49,300	£752	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£119,000	£2,333	1

House Type in MK45 3LY area

The most common house types in the MK45 3LY postcode area are Terraced (53), Semi-detached (50), and Detached (35).

Total	139
Terraced	53
Semi-detached	50
Detached	35
Flat	1
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 outright (57), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	57
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	21
Social rented: Other social rented	5
Private rented: Other private rented	4
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 MK45 3LY have 2 people in household (57), and 1 person in household (45).

2 people in household	57
1 person in household	45
3 people in household	19
4 people in household	17
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0