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Kempston House Prices Kempston House Prices

The average house price in Kempston is £353,333 using HM Land Registry data.

The average property price increased by £61,903 (25.72%) over the last 5 years and increased by £12,372 (4.26%) over the last 12 months.

Over the last year, there were 193 residential property sales – a decrease of 108 transactions (-55.96%) relative to the previous year. The majority of house sales (54) were in the £260,000 - £300,000 range. Then came properties in the £220,000 - £260,000 range, where 37 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 £-9,491 (-1%).

In April 2024, there were 44 new estate agency instructions, 24 agreed home sales and 20 property price reductions.

Neighbouring Areas: Bedford

Postcodes Covered: MK42, MK43, MK45

5-Year Average Property Prices in Kempston

25.72%

Property prices in Kempston increased by 25.72% 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 Kempston Over the Last Year

4.26%

Property prices in Kempston increased by 4.26% 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 Kempston - April 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 Kempston

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 Kempston

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 Kempston

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 Kempston since 1995

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

Recent Property Sales in Kempston

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
205 Spring Road, Kempston, Bedford, MK42 8NH£355,000£343,000-£12,00024 Aug 202328 Feb 2024188 Days
28 Galloway Close, Kempston, Bedford, MK42 7DX£255,000£250,000-£5,00016 Oct 202326 Feb 2024133 Days
12 Bedford Road, Kempston, Bedford, MK42 8AD£400,000£385,000-£15,00029 Jun 202301 Feb 2024217 Days
19 Owen Close, Kempston, Bedford, MK42 7EA£260,000£257,000-£3,00014 Jun 202305 Jan 2024205 Days
7 The Links, Kempston, Bedford, MK42 7JS£289,000£280,000-£9,00011 Jul 202321 Dec 2023163 Days
15 Deacon Avenue, Kempston, Bedford, MK42 7DU£350,000£350,000£0007 Aug 202304 Dec 2023119 Days
20 Stuart Road, Kempston, Bedford, MK42 8HS£375,000£362,000-£13,00019 May 202324 Nov 2023189 Days
55 The Elms, Kempston, Bedford, MK42 7JP£285,000£275,000-£10,00012 Jun 202324 Nov 2023165 Days
51 Bunyan Road, Kempston, Bedford, MK42 8HL£135,000£135,000£0018 Aug 202324 Nov 202398 Days
32 Juniper Walk, Kempston, Bedford, MK42 7SX£225,000£220,000-£5,00020 Jun 202316 Nov 2023149 Days
82 King Street, Kempston, Bedford, MK42 8BN£470,000£465,000-£5,00012 Jun 202310 Nov 2023151 Days
16 Spring Road, Kempston, Bedford, MK42 8LP£425,000£420,000-£5,00008 Jun 202303 Nov 2023148 Days
8 Spring Road, Kempston, Bedford, MK42 8LP£350,000£350,000£0012 May 202331 Oct 2023172 Days
31 Ditmas Avenue, Kempston, Bedford, MK42 7DR£280,000£268,000-£12,00007 Jul 202327 Oct 2023112 Days
47 Hill Rise, Kempston, Bedford, MK42 7DN£375,000£375,000£0002 Aug 202327 Oct 202386 Days
19 Camford Court, Kempston, Bedford, MK42 7AH£185,000£180,000-£5,00030 Mar 202323 Oct 2023207 Days
27 Foster Road, Kempston, Bedford, MK42 8BT£342,500£327,500-£15,00013 Mar 202320 Oct 2023221 Days
17 Malakand Road, Kempston, Bedford, MK42 8AL£300,000£285,000-£15,00022 May 202317 Oct 2023148 Days
94 The Links, Kempston, Bedford, MK42 7LT£310,000£290,000-£20,00003 Jul 202313 Oct 2023102 Days
2 Marne Street, Kempston, Bedford, MK42 8AG£240,000£225,000-£15,00017 Jul 202311 Oct 202386 Days

Most Expensive Streets in Kempston

PostcodeStreetAreaAverageNo. of Sales
MK42 7DLThe DellKempston£448,7504
MK42 7FHHenman CloseKempston£440,5004
MK42 7FUManley WayKempston£417,7504
MK42 8HDElstow RoadKempston£405,6663
MK42 7BAKing William CloseKempston£402,0006
MK42 7FZClover WayKempston£398,2989
MK42 7BBRiverview WayKempston£397,6254
MK42 8ANMarlborough ParkKempston£382,8758
MK42 7DDLodge AvenueKempston£374,9833
MK42 8RNGilbert CloseKempston£370,0005

Least Expensive Streets in Kempston

PostcodeStreetAreaAverageNo. of Sales
MK42 8SYWalcourt RoadKempston£99,9374
MK42 7PRSpringfield CentreKempston£118,0003
MK42 8JYMassey CloseKempston£132,7005
MK42 8TQWalcourt RoadKempston£150,8333
MK42 7AHCamford CourtKempston£157,8889
MK42 8AHBedford RoadKempston£164,6253
MK42 8HABunyan RoadKempston£169,0003
MK42 8TENormandy CloseKempston£173,7504
MK42 8NSSpring RoadKempston£183,9993
MK42 9DYWhitbread AvenueBedford£184,3333

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