Housing Market Analysis for COMMERCE WAY, MK45 5BP

Are you looking to understand MK45 5BP 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 5BP area, explore the MK45 5BP Area information page.
For comprehensive crime statistics in the MK45 5BP area, explore the MK45 5BP Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK45 5BP postcode area, The average prices are as follows,

  • Other
    • The average price is around £1,155,000 median price is £1,155,000 Standard Deviation is £1,095,000 with Total Sold: 2
    • The Last 5 Year average price is £2,250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is UNIT 2C COMMERCE WAY: £2,250,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is AMPTHILL POWER GENERATION PLANT, UNIT 2E COMMERCE WAY: £60,000 (Sold on 01 Nov 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average MK45 5BP 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,250,0001
2018£60,0001

All the Sales in the COMMERCE WAY, MK45 5BP

See the table below for more details on the sold house prices in the MK45 5BP, Central Bedfordshire postcode.

AddressSold DatePrice% Change
UNIT 2C COMMERCE WAYOther, Freehold26 May 2023£2,250,000First Sale
AMPTHILL POWER GENERATION PLANT, UNIT 2E COMMERCE WAYOther, Leasehold01 Nov 2018£60,000First Sale

Check out the sold house prices near the MK45 5BP postcode. Properties currently for saleProperties currently for rent

COMMERCE WAY, MK45 5BP Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK45 5BP 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 5BP postcode.

  • Terraced
    • The average price is around £159,462 median price is £148,750 Standard Deviation is £87,249 with Total Sold: 96
    • The Last 5 Year average price is £294,000 with Total Sold: 14
    • 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 , 70 HINKSLEY ROAD: £40,000 (Sold on 12 May 1995)
  • Detached
    • The average price is around £222,524 median price is £199,995 Standard Deviation is £133,472 with Total Sold: 59
    • The Last 5 Year average price is £389,214 with Total Sold: 7
    • The most recent sale happened at this postcode is , 9 GARDENERS CLOSE: £340,000 (Sold on 27 Oct 2023)
    • The first recorded sale happened at this postcode is , 14 GARDENERS CLOSE: £70,000 (Sold on 28 Feb 1995)
  • Other
    • The average price is around £1,155,000 median price is £1,155,000 Standard Deviation is £1,095,000 with Total Sold: 2
    • The Last 5 Year average price is £2,250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , UNIT 2C COMMERCE WAY: £2,250,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is AMPTHILL POWER GENERATION PLANT, UNIT 2E COMMERCE WAY: £60,000 (Sold on 01 Nov 2018)
  • Semi-Detached
    • The average price is around £194,984 median price is £189,000 Standard Deviation is £93,364 with Total Sold: 89
    • The Last 5 Year average price is £362,000 with Total Sold: 10
    • The most recent sale happened at this postcode is , 7 SHEEPFOLD HILL: £455,000 (Sold on 20 Jan 2023)
    • The first recorded sale happened at this postcode is , 49 HATFIELD ROAD: £50,000 (Sold on 31 Mar 1995)
  • Flat
    • The average price is around £88,068 median price is £82,300 Standard Deviation is £37,944 with Total Sold: 11
    • The most recent sale happened at this postcode is , 45 HINKSLEY ROAD: £158,000 (Sold on 23 Sep 2016)
    • The first recorded sale happened at this postcode is , 15 HINKSLEY ROAD: £37,500 (Sold on 31 Mar 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,000 £3,162 2
2023£221,000 £2,797 1
2022£308,333 £3,119 3
2021£316,667 £3,500 3
2020£303,333 £2,762 3
2019£280,000 £3,198 2
2018£272,500 £3,825 2
2017£261,998 £2,757 2
2016£244,750 £2,974 2
2015£247,667 £2,636 3
2014£190,000 £1,979 1
2013£169,498 £1,687 2
2012£154,833 £1,617 3
2011£153,498 £1,823 3
2010£169,550 £1,960 5
2009£149,000 £1,312 1
2008£194,667 £2,537 3
2007£159,995 £2,078 1
2006£162,125 £2,004 4
2005£165,500 £1,880 3
2004£143,000 £1,648 2
2003£133,643 £1,391 7
2002£131,000 £1,152 5
2001£96,875 £1,020 4
2000£90,071 £878 7
1999£65,107 £649 7
1998£55,524 £332 4
1997£74,875 £665 4
1996£133,327 £889 4
1995£48,667 £447 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£352,500 £4,436 2
2022£438,500 £5,599 2
2021£475,000 £6,013 1
2020£333,750 £4,338 2
2018£482,500 £4,269 3
2016£301,667 £3,660 3
2015£272,250 £3,782 2
2014£325,800 £3,214 5
2013£244,167 £2,907 3
2011£198,750 £2,349 2
2009£187,500 £2,195 2
2007£246,665 £2,880 3
2006£194,0001
2005£191,000 £2,653 1
2004£193,124 £2,506 4
2003£186,5001
2002£149,950 £2,083 1
2001£222,000 £1,632 2
2000£108,167 £1,393 6
1999£91,5003
1998£105,500 £1,342 2
1997£73,890 £870 5
1996£61,500 £820 1
1995£65,000 £856 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£2,250,0001
2018£60,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£455,000 £4,505 1
2022£367,500 £3,697 2
2021£352,500 £5,527 2
2020£336,667 £3,443 3
2019£357,500 £3,017 2
2018£275,286 £3,128 7
2017£248,750 £3,339 4
2016£296,266 £4,903 2
2015£242,000 £2,571 2
2014£216,000 £2,287 3
2012£220,000 £3,109 1
2011£210,250 £2,453 2
2010£195,625 £1,822 4
2009£167,200 £2,735 3
2007£221,799 £2,458 5
2006£198,375 £1,712 4
2005£187,200 £1,650 5
2004£181,999 £1,561 6
2003£177,700 £1,753 5
2002£125,333 £1,128 3
2001£113,333 £1,467 3
2000£102,575 £1,019 6
1999£102,625 £1,016 4
1998£76,000 £640 1
1997£74,500 £871 3
1996£53,000 £463 4
1995£45,000 £581 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£158,000 £2,701 1
2014£112,075 £2,222 4
2004£74,000 £1,423 1
2003£95,0001
2002£71,000 £1,214 1
1999£49,9501
1995£36,250 £620 2

House Type in MK45 5BP area

The most common house types in the MK45 5BP postcode area are Flat (55), Terraced (37), and Semi-detached (31).

Total132
Flat55
Terraced37
Semi-detached31
Detached7
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (107), and Social rented: Rents from council or Local Authority (14).

Social rented: Other social rented107
Social rented: Rents from council or Local Authority14
Owned: Owns with a mortgage or loan8
Owned: Owns outright3
Private rented: Private landlord or letting agency1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the MK45 5BP have 1 person in household (53), and 2 people in household (36).

1 person in household53
2 people in household36
4 people in household21
3 people in household16
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0