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Bedford House Prices

The average house price in Bedford is £292,149 using HM Land Registry data.

The average property price increased by £68,840 (23.79%) over the last 5 years and increased by £13,762 (4%) over the last 12 months.

Over the last year, there were 755 residential property sales – a decrease of 367 transactions (-48.61%) relative to the previous year. The majority of house sales (207) were in the £222,000 - £304,000 range. Then came properties in the £304,000 - £386,000 range, where 171 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 54 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,108 (-1%).

In June 2024, there were 161 new estate agency instructions, 139 agreed home sales and 98 property price reductions.

5-Year Average Property Prices in Bedford

23.79%

Property prices in Bedford increased by 23.79% 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 Bedford Over the Last Year

Property prices in Bedford increased by 4% 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 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 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 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 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 Bedford since 1995

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

Recent Property Sales in 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
4 Tiverton Road, Bedford, MK40 3DL	£325,000	£315,000	-£10,000	08 Nov 2023	26 Apr 2024	170 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
45 Beaconsfield Street, Bedford, MK41 7SD	£260,000	£253,500	-£6,500	01 Dec 2023	08 Apr 2024	129 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
10 Wadsworth Court, Bedford, MK42 9QF	£150,000	£145,000	-£5,000	10 Oct 2023	28 Mar 2024	170 Days
9 Mallard Hill, Bedford, MK41 7QR	£360,000	£340,000	-£20,000	02 Oct 2023	15 Mar 2024	165 Days
51 Kathie Road, Bedford, MK42 0QJ	£300,000	£300,000	£00	15 Nov 2023	15 Mar 2024	121 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
10 Crediton Close, Bedford, MK40 3DX	£250,000	£245,000	-£5,000	04 Sep 2023	07 Mar 2024	185 Days

Most Expensive Streets in Bedford

Postcode	Street	Area	Average	No. of Sales
MK40 3QA	Rothsay Gardens	Bedford	£1,328,000	5
MK40 4AH	Bromham Road	Biddenham	£1,167,500	4
MK40 4AT	Biddenham Turn	Biddenham	£1,122,500	4
MK40 4BB	Main Road	Biddenham	£1,121,666	3
MK41 8AN	Cleat Hill	Bedford	£1,057,500	3
MK40 4AD	Days Lane	Biddenham	£986,875	4
MK40 4AE	Days Lane	Biddenham	£983,750	8
MK40 4HX	Hampden Court	Biddenham	£974,166	6
MK40 3SA	Shaftesbury Avenue	Bedford	£878,316	3
MK40 4AR	Church End	Biddenham	£855,833	3

Least Expensive Streets in Bedford

Postcode	Street	Area	Average	No. of Sales
MK40 1AR	Merchant Place	Bedford	£60,760	5
MK42 0RL	Homebrook House	Cardington Road	£69,299	15
MK41 7AU	Aelfric Court	Dearne Walk	£88,833	3
MK41 7AT	Aelfric Court	Dearne Walk	£89,125	4
MK40 1AT	Pilgrims House	Horne Lane	£90,944	9
MK42 9AA	Hexham Close	Elstow	£98,500	3
MK41 7PW	Clapham Road	Bedford	£99,750	4
MK40 2UX	The Limes 30-34	Linden Road	£101,710	14
MK40 2UH	Aspley Court	Warwick Avenue	£104,938	22
MK40 4HY	Hurst Grove	Bedford	£112,333	3