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House Prices in MK41 House Prices in MK41 (Bedford)

The average house price in MK41 (Bedford) is £332,968 using HM Land Registry data.

The average property price increased by £76,743 (22%) over the last 5 years and increased by £15,377 (3.41%) over the last 12 months.

Over the last year, there were 349 residential property sales – a decrease of 124 transactions (-35.53%) relative to the previous year. The majority of house sales (90) were in the £284,000 - £338,000 range. Then came properties in the £230,000 - £284,000 range, where 83 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,424 (-2%).

In Oct 24, there were 69 new estate agency instructions, 74 agreed home sales and 48 property price reductions.

Nearby Postcodes: MK16, MK17, MK40, MK42, MK43, MK44, MK45, MK46, NN10, NN29, NN9, PE19, PE28, SG18, SG19

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.

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 MK41 (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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
56 Birkdale Road, Bedford, MK41 8AX£450,000£450,000£0001 Feb 202415 Aug 2024196 Days
65 Mendip Crescent, Bedford, MK41 9ER£350,000£342,500-£7,50021 Nov 202315 Aug 2024268 Days
21 Lacock Abbey, Bedford, MK41 0TU£500,000£495,000-£5,00007 May 202412 Aug 202497 Days
40 Chiltern Avenue, Bedford, MK41 9EJ£600,000£575,000-£25,00015 Apr 202407 Aug 2024114 Days
12 Bents Close, Clapham, Bedford, MK41 6DY£335,000£335,000£0013 May 202406 Aug 202485 Days
11 Bracken Place, Bedford, MK41 0TG£475,000£470,000-£5,00025 Mar 202405 Aug 2024133 Days
10 Kneller Close, Bedford, MK41 7LP£435,000£424,000-£11,00003 Apr 202405 Aug 2024124 Days
4 Laxton Way, Bedford, MK41 7FH£450,000£450,000£0030 Jan 202431 Jul 2024183 Days
20 Rhineland Way, Bedford, MK41 7YP£375,000£365,000-£10,00031 Jan 202429 Jul 2024180 Days
3 Laxton Way, Bedford, MK41 7FH£450,000£450,000£0013 Feb 202429 Jul 2024167 Days
42 Duke Drive, Clapham, Bedford, MK41 6DE£310,000£300,000-£10,00018 Mar 202426 Jul 2024130 Days
1 Heathfield, Bedford, MK41 8EY£375,000£375,000£0008 Mar 202424 Jul 2024138 Days
11 Bury Walk, Bedford, MK41 0DU£390,000£370,000-£20,00002 Apr 202419 Jul 2024108 Days
52 Maskell Drive, Bedford, MK41 0GQ£290,000£290,000£0020 Mar 202404 Jul 2024106 Days
5 Westrope Way, Bedford, MK41 7YX£565,000£555,000-£10,00005 Jan 202428 Jun 2024175 Days
24 Hookhams Lane, Renhold, Bedford, MK41 0JT£280,000£260,000-£20,00008 May 202428 Jun 202451 Days
21 Conway Crescent, Bedford, MK41 7BW£400,000£389,000-£11,00021 Mar 202428 Jun 202499 Days
13 Avon Drive, Bedford, MK41 7AE£350,000£340,000-£10,00002 Apr 202428 Jun 202487 Days
4 Aire Walk, Bedford, MK41 7XU£210,000£210,000£0013 Feb 202426 Jun 2024134 Days
35 Brickfield Road, Renhold, Bedford, MK41 0JS£360,000£343,500-£16,50004 Aug 202321 Jun 2024322 Days

Most Expensive Streets in MK41 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK41 8ANCleat HillBedford£1,057,5003
MK41 9AGPutnoe LaneBedford£853,3333
MK41 9AFPutnoe LaneBedford£803,6663
MK41 9AEPutnoe LaneBedford£801,2504
MK41 0LRTop End, RenholdBedford£769,9833
MK41 9AJGreenacresBedford£716,1653
MK41 9DSPolhill AvenueBedford£690,8333
MK41 8ADKimbolton RoadBedford£686,5003
MK41 8DUNursery GardensBedford£646,3333
MK41 0JLBrookside, RenholdBedford£644,1663

Least Expensive Streets in MK41 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK41 7AUAelfric Court, Dearne WalkBedford£88,8333
MK41 7ATAelfric Court, Dearne WalkBedford£89,1254
MK41 7PWClapham RoadBedford£107,8005
MK41 9HDThe FairwayBedford£130,2504
MK41 7DPClarendon StreetBedford£145,1663
MK41 0AHEast Court, Goldington GreenBedford£145,4005
MK41 6AXMilton Road, ClaphamBedford£146,9374
MK41 0AAHeron Heights, Goldington GreenBedford£150,4166
MK41 0AJWest Court, Goldington GreenBedford£155,4287
MK41 0TDHeather GardensBedford£177,5505

Explore MK41 (Bedford) using map

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