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House Prices in MK40 House Prices in MK40 (Bedford)

The average house price in MK40 (Bedford) is £349,218 using HM Land Registry data.

The average property price increased by £39,634 (26.51%) over the last 5 years and increased by £7,941 (3.99%) over the last 12 months.

Over the last year, there were 325 residential property sales – a decrease of 113 transactions (-34.77%) relative to the previous year. The majority of house sales (108) were in the £130,000 - £240,000 range. Then came properties in the £240,000 - £350,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 160 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,824 (-2%).

In Dec 24, there were 54 new estate agency instructions, 36 agreed home sales and 9 property price reductions.

Nearby Postcodes: MK16, MK17, MK41, MK42, MK43, MK44, MK45, MK46, NN10, NN29, NN9, PE19, PE28, SG18, SG19

5-Year Average Property Prices in MK40 (Bedford)

26.51%

Property prices in Bedford increased by 26.51% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in MK40 (Bedford) Over the Last Year

3.99%

Property prices in Bedford increased by 3.99% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for MK40 (Bedford) - Dec 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in MK40 (Bedford)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in MK40 (Bedford)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in MK40 (Bedford)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the MK40 (Bedford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK40 postcode area since 1995.

Recent Sales in MK40 (Bedford)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Flat 1b, De Parys Lodge, De Parys Avenue, Bedford, MK40 2TZ£280,000£280,000£0021 May 202415 Nov 2024178 Days
104 Denmark Street, Bedford, MK40 3TJ£500,000£485,000-£15,00003 Jun 202408 Nov 2024158 Days
44 Bower Street, Bedford, MK40 3RE£375,000£350,000-£25,00024 Jun 202401 Nov 2024130 Days
164 Bromham Road, Bedford, MK40 4BN£625,000£625,000£0021 Aug 202401 Nov 202472 Days
9 Chaucer Road, Bedford, MK40 2AJ£675,000£650,000-£25,00002 Apr 202431 Oct 2024212 Days
22 York Street, Bedford, MK40 3RJ£335,000£330,000-£5,00030 May 202425 Oct 2024148 Days
Flat 9, Olivier Court, Union Street, Bedford, MK40 2UU£135,000£130,000-£5,00031 Jul 202425 Oct 202486 Days
68 Bower Street, Bedford, MK40 3QZ£375,000£365,000-£10,00017 May 202411 Oct 2024147 Days
7 Ison Close, Biddenham, Bedford, MK40 4BH£795,000£795,000£0021 Feb 202402 Aug 2024163 Days
36 Queensbury Close, Bedford, MK40 4RE£210,000£210,000£0003 Apr 202416 Jul 2024104 Days
18 Russell Avenue, Bedford, MK40 3TD£570,000£536,844-£33,15629 Jan 202412 Jul 2024165 Days
26 Howbury Street, Bedford, MK40 3QU£310,000£300,000-£10,00025 Jan 202425 Jun 2024152 Days
14 Devon Road, Bedford, MK40 3DJ£550,000£545,000-£5,00019 Jan 202422 May 2024124 Days
31 Dame Alice Street, Bedford, MK40 1BS£170,000£162,000-£8,00013 Jan 202417 May 2024125 Days
23 Heron Quay, Bedford, MK40 1TH£174,995£164,500-£10,49518 Sep 202302 May 2024227 Days
28 Heron Quay, Bedford, MK40 1TH£175,000£169,000-£6,00026 Dec 202330 Apr 2024126 Days
69 Sovereigns Quay, Bedford, MK40 1TF£185,000£175,000-£10,00006 Feb 202430 Apr 202484 Days
4 Tiverton Road, Bedford, MK40 3DL£325,000£315,000-£10,00008 Nov 202326 Apr 2024170 Days
8 Franklyn Gardens, Biddenham, Bedford, MK40 4QD£450,000£430,000-£20,00027 Nov 202310 Apr 2024135 Days
4 Windmill Hill, Biddenham, Bedford, MK40 4AG£700,000£650,000-£50,00026 Jul 202303 Apr 2024252 Days

Most Expensive Streets in MK40 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK40 4BBMain Road, BiddenhamBedford£1,466,2504
MK40 3QARothsay GardensBedford£1,328,0005
MK40 4AHBromham Road, BiddenhamBedford£1,167,5004
MK40 4ATBiddenham Turn, BiddenhamBedford£1,113,3333
MK40 4HXHampden Court, BiddenhamBedford£1,011,2504
MK40 4AEDays Lane, BiddenhamBedford£994,3758
MK40 3PEThe EmbankmentBedford£928,0005
MK40 4AABromham RoadBedford£911,6663
MK40 4BFSt Mellion Drive, Great DenhamBedford£900,0004
MK40 4FECarnoustie Drive, Great DenhamBedford£883,5005

Least Expensive Streets in MK40 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK40 1ARMerchant PlaceBedford£60,7605
MK40 1ATPilgrims House, Horne LaneBedford£96,7229
MK40 2UHAspley Court, Warwick AvenueBedford£101,10316
MK40 2UXThe Limes 30-34, Linden RoadBedford£101,71014
MK40 4HYHurst GroveBedford£112,3333
MK40 2DXShakespeare RoadBedford£115,3333
MK40 1NEHigh StreetBedford£117,0003
MK40 3BZGoldington AvenueBedford£123,0009
MK40 4QNDeep Spinney, BiddenhamBedford£126,6254
MK40 1EAAshburnham RoadBedford£133,0004

Explore MK40 (Bedford) using map

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