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House Prices in MK42 House Prices in MK42 (Bedford)

The average house price in MK42 (Bedford) is £308,236 using HM Land Registry data.

The average property price increased by £58,339 (18.56%) over the last 5 years and increased by £11,689 (2.95%) over the last 12 months.

Over the last year, there were 415 residential property sales – a decrease of 271 transactions (-65.30%) relative to the previous year. The majority of house sales (103) were in the £274,000 - £326,000 range. Then came properties in the £222,000 - £274,000 range, where 101 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 130 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,377 (-2%).

In Dec 24, there were 64 new estate agency instructions, 62 agreed home sales and 8 property price reductions.

Nearby Postcodes: LU2, LU3, LU5, MK16, MK17, MK40, MK41, MK43, MK44, MK45, MK46, NN10, NN29, NN9, PE19, PE28, SG17, SG18, SG19, SG5

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.

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 MK42 (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 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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
12 Brabazon Close, Shortstown, Bedford, MK42 0FF£485,000£482,500-£2,50011 Jul 202412 Nov 2024124 Days
27 Comet Drive, Shortstown, Bedford, MK42 0QX£300,000£300,000£0022 May 202401 Nov 2024163 Days
15 Harewood Road, Bedford, MK42 9TG£325,000£320,000-£5,00018 Jun 202430 Oct 2024134 Days
66 Beatrice Street, Kempston, Bedford, MK42 8DF£185,000£185,000£0013 Apr 202425 Oct 2024195 Days
39 Silverdale Street, Kempston, Bedford, MK42 8BE£300,000£295,000-£5,00031 May 202425 Oct 2024147 Days
25 The Elms, Kempston, Bedford, MK42 7JW£240,000£238,000-£2,00020 Feb 202414 Aug 2024176 Days
46 Lovell Road, Bedford, MK42 0LR£290,000£290,000£0006 Feb 202412 Aug 2024188 Days
8 Broad Avenue, Bedford, MK42 9SN£265,000£255,000-£10,00026 Mar 202431 Jul 2024127 Days
23 Hillgrounds Road, Kempston, Bedford, MK42 8QJ£235,000£235,000£0017 May 202431 Jul 202475 Days
29 Bayham Close, Elstow, Bedford, MK42 9GF£310,000£310,000£0023 Nov 202330 Jul 2024250 Days
11 Voyce Way, Bedford, MK42 0WE£220,000£220,000£0023 Feb 202426 Jul 2024154 Days
203 London Road, Bedford, MK42 0PY£330,000£330,000£0027 Jan 202419 Jul 2024174 Days
9 Greycote, Shortstown, Bedford, MK42 0XD£180,000£175,000-£5,00015 Nov 202304 Jul 2024232 Days
107 Williamson Road, Kempston, Bedford, MK42 7HY£280,000£267,500-£12,50026 Mar 202402 Jul 202498 Days
91 Elstow Road, Bedford, MK42 9NS£330,000£325,000-£5,00004 Mar 202425 Jun 2024113 Days
4 Eastdale Close, Kempston, Bedford, MK42 8LZ£300,000£290,000-£10,00015 Dec 202320 Jun 2024188 Days
49 Hillgrounds Road, Kempston, Bedford, MK42 8QL£225,000£225,000£0024 Jan 202420 Jun 2024148 Days
114 Margetts Road, Kempston, Bedford, MK42 8DU£285,000£285,000£0027 Mar 202414 Jun 202479 Days
20 Red Salmon Road, Wixams, Bedford, MK42 6ET£550,000£547,500-£2,50012 Feb 202413 Jun 2024122 Days
223c, West End, Elstow, Bedford, MK42 9XS£750,000£730,000-£20,00025 Oct 202307 Jun 2024226 Days

Most Expensive Streets in MK42 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK42 6FGHobby Grove, WixamsBedford£661,2097
MK42 6FHBlackbird Close, WixamsBedford£604,22211
MK42 0BNCardington RoadBedford£604,0003
MK42 6FEFinch Close, WixamsBedford£578,40411
MK42 9GDTewkesbury Road, ElstowBedford£563,5003
MK42 9FXCroxden Way, ElstowBedford£532,1663
MK42 6DZWarbler Grove, WixamsBedford£525,9953
MK42 7DLThe Dell, KempstonBedford£511,2504
MK42 9FGLilleshall Drive, ElstowBedford£506,6663
MK42 9BQThomas James Close, ElstowBedford£501,8754

Least Expensive Streets in MK42 (Bedford)

PostcodeStreetAreaAverageNo. of Sales
MK42 0RLHomebrook House, Cardington RoadBedford£68,83212
MK42 9EHAnvil House, Champion WayBedford£78,8833
MK42 0GPCarmichael Drive, ShortstownBedford£87,5833
MK42 0FWSt Johns StreetBedford£117,5007
MK42 9NNRedwood GroveBedford£120,7504
MK42 9JLRedwood GroveBedford£129,7504
MK42 9HPAmpthill RoadBedford£135,0004
MK42 9NWRedwood GroveBedford£137,0006
MK42 9NFThe SidingsBedford£137,0005
MK42 8JYMassey Close, KempstonBedford£138,3754

Explore MK42 (Bedford) using map

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