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House Prices in MK42

The average house price in MK42 (Bedford) is £246,850 using HM Land Registry data.

The average property price increased by £48,715 (18.56%) over the last 5 years and increased by £9,739 (2.95%) over the last 12 months.

Over the last year, there were 425 residential property sales – a decrease of 324 transactions (-76.24%) relative to the previous year. The majority of house sales (106) were in the £268,000 - £322,000 range. Then came properties in the £214,000 - £268,000 range, where 104 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-4,980 (-1%).

In June 2024, there were 127 new estate agency instructions, 65 agreed home sales and 58 property price reductions.

5-Year Average Property Prices in MK42 (Bedford)

18.56%

Property prices in Bedford increased by 18.56% 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 MK42 (Bedford) Over the Last Year

2.95%

Property prices in Bedford increased by 2.95% 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 MK42 (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 MK42 (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 MK42 (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 MK42 (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 MK42 (Bedford) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK42 postcode area since 1995.

Recent Sales in MK42 (Bedford)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
25 Walcourt Road, Kempston, Bedford, MK42 8SL	£375,000	£360,000	-£15,000	16 Oct 2023	25 Apr 2024	192 Days
21 Althorpe Street, Bedford, MK42 9HF	£185,000	£175,000	-£10,000	08 Oct 2023	19 Apr 2024	194 Days
12 Ellington Road, Bedford, MK42 9FQ	£240,000	£237,500	-£2,500	26 Oct 2023	09 Apr 2024	166 Days
10 Wadsworth Court, Bedford, MK42 9QF	£150,000	£145,000	-£5,000	10 Oct 2023	28 Mar 2024	170 Days
9 Stirling Road, Shortstown, Bedford, MK42 0TX	£290,000	£290,000	£00	30 Jan 2024	19 Mar 2024	49 Days
51 Kathie Road, Bedford, MK42 0QJ	£300,000	£300,000	£00	15 Nov 2023	15 Mar 2024	121 Days
2 Denton Close, Kempston, Bedford, MK42 8RY	£295,000	£285,000	-£10,000	04 Dec 2023	07 Mar 2024	94 Days
17 Howard Street, Kempston, Bedford, MK42 8EA	£240,000	£238,000	-£2,000	31 Oct 2023	29 Feb 2024	121 Days
205 Spring Road, Kempston, Bedford, MK42 8NH	£355,000	£343,000	-£12,000	24 Aug 2023	28 Feb 2024	188 Days
28 Galloway Close, Kempston, Bedford, MK42 7DX	£255,000	£250,000	-£5,000	16 Oct 2023	26 Feb 2024	133 Days
134 Alburgh Close, Bedford, MK42 0HF	£239,950	£205,000	-£34,950	24 Oct 2023	21 Feb 2024	120 Days
58 Sunderland Place, Shortstown, Bedford, MK42 0FD	£350,000	£325,000	-£25,000	25 Aug 2023	15 Feb 2024	174 Days
Flat 72, Britannia House, Palgrave Road, Bedford, MK42 9BY	£180,000	£170,000	-£10,000	12 Jul 2023	07 Feb 2024	210 Days
12 Bedford Road, Kempston, Bedford, MK42 8AD	£400,000	£385,000	-£15,000	29 Jun 2023	01 Feb 2024	217 Days
24 Armstrong Drive, Bedford, MK42 9LN	£280,000	£270,000	-£10,000	30 Aug 2023	26 Jan 2024	149 Days
9 Oak Road, Bedford, MK42 0HH	£210,000	£207,000	-£3,000	03 Jul 2023	22 Jan 2024	203 Days
14 Kirkstall Close, Elstow, Bedford, MK42 9FE	£315,000	£302,500	-£12,500	11 Sep 2023	19 Jan 2024	130 Days
5 North End, Shortstown, Bedford, MK42 0XB	£250,000	£247,000	-£3,000	04 Sep 2023	12 Jan 2024	130 Days
19 Owen Close, Kempston, Bedford, MK42 7EA	£260,000	£257,000	-£3,000	14 Jun 2023	05 Jan 2024	205 Days
7 The Links, Kempston, Bedford, MK42 7JS	£289,000	£280,000	-£9,000	11 Jul 2023	21 Dec 2023	163 Days

Most Expensive Streets in MK42 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK42 6FG	Hobby Grove, Wixams	Bedford	£707,195	5
MK42 0BN	Cardington Road	Bedford	£604,000	3
MK42 6FE	Finch Close, Wixams	Bedford	£578,404	11
MK42 9BQ	Thomas James Close, Elstow	Bedford	£567,500	3
MK42 9GD	Tewkesbury Road, Elstow	Bedford	£563,500	3
MK42 6EE	Cadwall Drive, Wixams	Bedford	£549,996	6
MK42 6DZ	Warbler Grove, Wixams	Bedford	£543,745	8
MK42 9GF	Bayham Close, Elstow	Bedford	£533,125	4
MK42 7DL	The Dell, Kempston	Bedford	£493,000	5
MK42 6EX	Lesser Avenue, Wixams	Bedford	£492,371	6

Least Expensive Streets in MK42 (Bedford)

Postcode	Street	Area	Average	No. of Sales
MK42 0RL	Homebrook House, Cardington Road	Bedford	£69,299	15
MK42 8SY	Walcourt Road, Kempston	Bedford	£89,916	3
MK42 9AA	Hexham Close, Elstow	Bedford	£98,500	3
MK42 0FW	St Johns Street	Bedford	£117,500	7
MK42 7PR	Springfield Centre, Kempston	Bedford	£118,000	3
MK42 9NN	Redwood Grove	Bedford	£120,750	4
MK42 9JL	Redwood Grove	Bedford	£130,800	5
MK42 9NW	Redwood Grove	Bedford	£134,857	7
MK42 9HP	Ampthill Road	Bedford	£135,000	4
MK42 9NF	The Sidings	Bedford	£137,000	5