You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in MK40

House Prices in MK40

The average house price in MK40 (Bedford) is £277,492 using HM Land Registry data.

The average property price increased by £41,331 (26.51%) over the last 5 years and increased by £8,282 (3.99%) over the last 12 months.

Over the last year, there were 303 residential property sales – a decrease of 156 transactions (-51.49%) relative to the previous year. The majority of house sales (100) were in the £130,000 - £236,000 range. Then came properties in the £236,000 - £342,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 81 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,548 (-2%).

In Oct 24, there were 121 new estate agency instructions, 76 agreed home sales and 46 property price reductions.

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.

Property Market Heat Gauge for MK40 (Bedford) - Oct 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
7 Ison Close, Biddenham, Bedford, MK40 4BH	£795,000	£795,000	£00	21 Feb 2024	02 Aug 2024	163 Days
36 Queensbury Close, Bedford, MK40 4RE	£210,000	£210,000	£00	03 Apr 2024	16 Jul 2024	104 Days
18 Russell Avenue, Bedford, MK40 3TD	£570,000	£536,844	-£33,156	29 Jan 2024	12 Jul 2024	165 Days
26 Howbury Street, Bedford, MK40 3QU	£310,000	£300,000	-£10,000	25 Jan 2024	25 Jun 2024	152 Days
14 Devon Road, Bedford, MK40 3DJ	£550,000	£545,000	-£5,000	19 Jan 2024	22 May 2024	124 Days
31 Dame Alice Street, Bedford, MK40 1BS	£170,000	£162,000	-£8,000	13 Jan 2024	17 May 2024	125 Days
23 Heron Quay, Bedford, MK40 1TH	£174,995	£164,500	-£10,495	18 Sep 2023	02 May 2024	227 Days
28 Heron Quay, Bedford, MK40 1TH	£175,000	£169,000	-£6,000	26 Dec 2023	30 Apr 2024	126 Days
69 Sovereigns Quay, Bedford, MK40 1TF	£185,000	£175,000	-£10,000	06 Feb 2024	30 Apr 2024	84 Days
4 Tiverton Road, Bedford, MK40 3DL	£325,000	£315,000	-£10,000	08 Nov 2023	26 Apr 2024	170 Days
8 Franklyn Gardens, Biddenham, Bedford, MK40 4QD	£450,000	£430,000	-£20,000	27 Nov 2023	10 Apr 2024	135 Days
4 Windmill Hill, Biddenham, Bedford, MK40 4AG	£700,000	£650,000	-£50,000	26 Jul 2023	03 Apr 2024	252 Days
1 Waterloo Road, Bedford, MK40 3PQ	£700,000	£690,000	-£10,000	09 Nov 2023	28 Mar 2024	140 Days
36 Pembroke Street, Bedford, MK40 3RH	£350,000	£325,000	-£25,000	26 Dec 2023	28 Mar 2024	93 Days
1 Fontwell Close, Bedford, MK40 3UR	£290,000	£280,000	-£10,000	04 Aug 2023	28 Mar 2024	237 Days
1 Saltash Close, Bedford, MK40 3DT	£435,000	£415,000	-£20,000	06 Sep 2023	28 Mar 2024	204 Days
148 Bower Street, Bedford, MK40 3QZ	£350,000	£336,000	-£14,000	14 Sep 2023	28 Mar 2024	196 Days
100 Dudley Street, Bedford, MK40 3SX	£465,000	£430,000	-£35,000	07 Sep 2023	28 Mar 2024	203 Days
10 Crediton Close, Bedford, MK40 3DX	£250,000	£245,000	-£5,000	04 Sep 2023	07 Mar 2024	185 Days
66 Marlborough Road, Bedford, MK40 4LF	£270,000	£262,500	-£7,500	28 Nov 2023	07 Mar 2024	100 Days

Most Expensive Streets in MK40 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK40 3QA	Rothsay Gardens	Bedford	£1,328,000	5
MK40 4AH	Bromham Road, Biddenham	Bedford	£1,167,500	4
MK40 4BB	Main Road, Biddenham	Bedford	£1,121,666	3
MK40 4AT	Biddenham Turn, Biddenham	Bedford	£1,113,333	3
MK40 4AE	Days Lane, Biddenham	Bedford	£994,375	8
MK40 4AD	Days Lane, Biddenham	Bedford	£986,875	4
MK40 4HX	Hampden Court, Biddenham	Bedford	£974,166	6
MK40 4AA	Bromham Road	Bedford	£911,666	3
MK40 4BF	St Mellion Drive, Great Denham	Bedford	£900,000	4
MK40 3SA	Shaftesbury Avenue	Bedford	£878,316	3

Least Expensive Streets in MK40 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK40 1AR	Merchant Place	Bedford	£60,760	5
MK40 1AT	Pilgrims House, Horne Lane	Bedford	£90,944	9
MK40 2UH	Aspley Court, Warwick Avenue	Bedford	£101,450	17
MK40 2UX	The Limes 30-34, Linden Road	Bedford	£101,710	14
MK40 4HY	Hurst Grove	Bedford	£112,333	3
MK40 1NE	High Street	Bedford	£117,000	3
MK40 3BZ	Goldington Avenue	Bedford	£123,000	9
MK40 4QN	Deep Spinney, Biddenham	Bedford	£126,625	4
MK40 1EA	Ashburnham Road	Bedford	£133,333	3
MK40 2JR	Hilbre Grange, Shakespeare Road	Bedford	£133,333	6