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Marston Moretaine House Prices Marston Moretaine House Prices

The average house price in Marston Moretaine is £420,000 using HM Land Registry data.

The average property price increased by £35,552 (10.41%) over the last 5 years and increased by £7,106 (1.92%) over the last 12 months.

Over the last year, there were 55 residential property sales – a decrease of 34 transactions (-61.82%) relative to the previous year. The majority of house sales (12) were in the £278,000 - £352,000 range. Then came properties in the £352,000 - £426,000 range, where 12 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 48 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,148 (-1%).

In April 2024, there were 9 new estate agency instructions, 9 agreed home sales and 7 property price reductions.

Postcodes Covered: MK43

5-Year Average Property Prices in Marston Moretaine

10.41%

Property prices in Marston Moretaine increased by 10.41% 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 Marston Moretaine Over the Last Year

1.92%

Property prices in Marston Moretaine increased by 1.92% 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 Marston Moretaine - 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 Marston Moretaine

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 Marston Moretaine

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 Marston Moretaine

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 Marston Moretaine since 1995

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

Recent Property Sales in Marston Moretaine

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
26 Watson Way, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0RG£425,000£420,000-£5,00028 Jul 202315 Dec 2023140 Days
50 Manor Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NW£250,000£243,000-£7,00029 Jun 202308 Sep 202371 Days
189 Lower Shelton Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0LP£860,000£760,000-£100,00025 May 202201 Sep 2023464 Days
7 Scotchbrook Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0QD£325,000£292,000-£33,00010 Oct 202228 Jul 2023291 Days
4 Brook Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NS£280,000£270,000-£10,00024 Jan 202314 Jul 2023171 Days
54 Moreteyne Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0LQ£350,000£350,000£0007 Nov 202211 Jul 2023246 Days
1 The Rickyard, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NG£480,000£480,000£0025 Feb 202306 Jul 2023131 Days
42 Denton Drive, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NA£475,000£475,000£0015 Aug 202227 Apr 2023255 Days
25 Bedford Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0ND£200,000£188,000-£12,00006 Sep 202221 Mar 2023196 Days
6 Beancroft Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0PY£400,000£391,500-£8,50004 Oct 202206 Jan 202394 Days
28 St Marys Close, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0QZ£275,000£275,000£0004 Aug 202212 Dec 2022130 Days
5 Brook Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NS£290,000£290,000£0016 Aug 202202 Dec 2022108 Days
5 The Green, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0NF£250,000£245,000-£5,00016 Mar 202225 Nov 2022254 Days
37 Beancroft Road, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0PZ£325,000£325,000£0011 Apr 202210 Nov 2022213 Days
55 Denton Drive, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0FE£375,000£375,000£0012 May 202229 Sep 2022140 Days
7 Moat Farm Barns, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0PE£725,000£725,000£0006 Aug 202114 Jul 2022342 Days
67 Denton Drive, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0FE£415,000£415,000£0025 Feb 202211 Jul 2022136 Days
2 Snagge Court, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0LF£280,000£274,000-£6,00022 Feb 202224 Jun 2022122 Days
51 Denton Drive, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0FE£475,000£475,000£0006 Dec 202118 Mar 2022102 Days
4 Ingram Close, Marston Moretaine, Bedford, Central Bedfordshire, MK43 0JS£100,000£100,000£0008 Feb 202107 Feb 2022364 Days

Most Expensive Streets in Marston Moretaine

PostcodeStreetAreaAverageNo. of Sales
MK43 0PEMoat Farm BarnsMarston Moretaine£627,5003
MK43 2APHuckle GreenMarston Moretaine£592,96316
MK43 2AJHarper GroveMarston Moretaine£578,56111
MK43 2ALCopperwheat BankMarston Moretaine£525,59510
MK43 2ANKnight StreetMarston Moretaine£511,56714
MK43 0URPrimrose CloseMarston Moretaine£510,0004
MK43 0WYGreat BlakelandsMarston Moretaine£509,3333
MK43 2AAFaulkner GardensMarston Moretaine£498,65029
MK43 0WTCook CloseMarston Moretaine£491,6663
MK43 0AEMoat Farm CloseMarston Moretaine£457,3333

Least Expensive Streets in Marston Moretaine

PostcodeStreetAreaAverageNo. of Sales
MK43 0YRFord PieceMarston Moretaine£171,6503
MK43 0SGBurridge CloseMarston Moretaine£196,6666
MK43 0XRGarricks CourtGold Furlong£202,0005
MK43 0JSIngram CloseMarston Moretaine£209,5004
MK43 0YGGreat MeadowMarston Moretaine£209,7504
MK43 0GXAbbott CornerMarston Moretaine£214,6666
MK43 0UXGreat BeanhillsMarston Moretaine£220,7504
MK43 0NWManor RoadMarston Moretaine£222,6663
MK43 0DQHorse CroftMarston Moretaine£229,3333
MK43 0UNLittle MeadowMarston Moretaine£231,9874

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