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House Prices in MK41

The average house price in MK41 (Bedford) is £335,027 using HM Land Registry data.

The average property price increased by £92,538 (22%) over the last 5 years and increased by £18,500 (3.41%) over the last 12 months.

Over the last year, there were 374 residential property sales – a decrease of 140 transactions (-37.43%) relative to the previous year. The majority of house sales (104) were in the £230,000 - £288,000 range. Then came properties in the £288,000 - £346,000 range, where 87 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,424 (-2%).

In June 2024, there were 67 new estate agency instructions, 79 agreed home sales and 49 property price reductions.

5-Year Average Property Prices in MK41 (Bedford)

22%

Property prices in Bedford increased by 22% 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 MK41 (Bedford) Over the Last Year

3.41%

Property prices in Bedford increased by 3.41% 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 MK41 (Bedford) - June 2024

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 MK41 (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 MK41 (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 MK41 (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 MK41 (Bedford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK41 postcode area since 1995.

Recent Sales in MK41 (Bedford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
60 Kimble Drive, Bedford, MK41 9TA	£315,000	£305,000	-£10,000	28 Dec 2023	17 May 2024	141 Days
41 Beaconsfield Street, Bedford, MK41 7SD	£230,000	£208,000	-£22,000	16 Feb 2024	03 May 2024	77 Days
104 Hartington Street, Bedford, MK41 7RL	£325,000	£320,000	-£5,000	05 Jan 2024	02 May 2024	118 Days
53 Brookfield Road, Bedford, MK41 9LJ	£325,000	£317,000	-£8,000	10 Jan 2024	01 May 2024	112 Days
18 Beaconsfield Street, Bedford, MK41 7SD	£280,000	£267,000	-£13,000	06 Feb 2024	30 Apr 2024	84 Days
45 Beaconsfield Street, Bedford, MK41 7SD	£260,000	£253,500	-£6,500	01 Dec 2023	08 Apr 2024	129 Days
9 Mallard Hill, Bedford, MK41 7QR	£360,000	£340,000	-£20,000	02 Oct 2023	15 Mar 2024	165 Days
55 Plover Way, Bedford, MK41 7HU	£360,000	£356,250	-£3,750	01 Sep 2023	14 Mar 2024	195 Days
20 Swift Close, Bedford, MK41 7HS	£345,000	£345,000	£00	16 Aug 2023	14 Mar 2024	211 Days
199 Queens Drive, Bedford, MK41 9HS	£300,000	£290,000	-£10,000	08 Sep 2023	08 Mar 2024	182 Days
11 Tintagel Walk, Bedford, MK41 8ND	£270,000	£270,000	£00	09 Feb 2024	23 Feb 2024	14 Days
202 Brickhill Drive, Bedford, MK41 7NX	£335,000	£328,000	-£7,000	25 Nov 2023	16 Feb 2024	83 Days
8 Thor Drive, Bedford, MK41 0WP	£562,500	£540,000	-£22,500	18 Jul 2023	14 Feb 2024	211 Days
3 Aylesbury Road, Bedford, MK41 9RJ	£335,000	£335,000	£00	06 Nov 2023	09 Feb 2024	95 Days
14 The Slade, Clapham, Bedford, MK41 6DR	£335,000	£325,000	-£10,000	03 Oct 2023	09 Feb 2024	129 Days
3 Brangwyn Gardens, Bedford, MK41 7NJ	£325,000	£317,500	-£7,500	13 Sep 2023	08 Feb 2024	148 Days
82 Garfield Street, Bedford, MK41 7RY	£300,000	£250,000	-£50,000	30 Aug 2023	31 Jan 2024	154 Days
122 Risborough Road, Bedford, MK41 9QP	£415,000	£410,000	-£5,000	11 Sep 2023	29 Jan 2024	140 Days
217 Goldington Road, Bedford, MK41 9PH	£475,000	£470,000	-£5,000	08 Sep 2023	26 Jan 2024	140 Days
63 Stanley Street, Bedford, MK41 7RX	£290,000	£280,000	-£10,000	18 Aug 2023	26 Jan 2024	161 Days

Most Expensive Streets in MK41 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK41 8AN	Cleat Hill	Bedford	£1,057,500	3
MK41 9AG	Putnoe Lane	Bedford	£853,333	3
MK41 9AF	Putnoe Lane	Bedford	£803,666	3
MK41 6FS	Woodlands, Clapham	Bedford	£761,666	3
MK41 9AJ	Greenacres	Bedford	£716,165	3
MK41 9AE	Putnoe Lane	Bedford	£714,000	5
MK41 8AD	Kimbolton Road	Bedford	£686,500	3
MK41 8DU	Nursery Gardens	Bedford	£646,333	3
MK41 6AS	Milton Road, Clapham	Bedford	£645,833	3
MK41 0JL	Brookside, Renhold	Bedford	£644,166	3

Least Expensive Streets in MK41 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK41 7AU	Aelfric Court, Dearne Walk	Bedford	£88,833	3
MK41 7AT	Aelfric Court, Dearne Walk	Bedford	£89,125	4
MK41 7PW	Clapham Road	Bedford	£99,750	4
MK41 9HD	The Fairway	Bedford	£136,666	3
MK41 7DP	Clarendon Street	Bedford	£145,166	3
MK41 0AH	East Court, Goldington Green	Bedford	£145,400	5
MK41 6AX	Milton Road, Clapham	Bedford	£146,937	4
MK41 0AA	Heron Heights, Goldington Green	Bedford	£151,071	7
MK41 0AJ	West Court, Goldington Green	Bedford	£154,750	8
MK41 7XP	The Wharfe	Bedford	£172,500	3