Water Lane - MK45 1LG
Key Postcode Insights
MK45 1LG is a residential postcode situated on Water Lane, Flitwick, Bedford, MK45 with 27 addresses.
It ranks as the 928th largest and 583rd most expensive of the 1,226 postcodes in the MK45 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 15 houses and 12 other properties.
- Ave. Sale Price
- £431,456
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,565pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
MK45 1LG is a residential postcode situated on Water Lane, Flitwick, Bedford, MK45 with 27 addresses.
It ranks as the 928th largest and 583rd most expensive of the 1,226 postcodes in the MK45 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 27 properties: 15 houses and 12 other properties.
- Ave. Sale Price
- £431,456
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,565pcm
- 10 Year change
- up 47.3%
- Ave. £ per ft²
- £465/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in MK45 1LG
- 11 Water Lane
3 Bed Mid-century House
- 13 Water Lane
House
- 15 Water Lane
House
- 17 Water Lane
House
- 19 Water Lane
House
Sales Market Trends
The last sale in MK45 1LG sold for £400,000 on 12th April 2024. Since then prices are up an average of 2.7%.
The current average value in the postcode is £431,456.
The MK45 1LG Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £431,456 |
| June 2025 | 3.4% | £439,234 |
| June 2024 | -1.5% | £424,981 |
| June 2023 | 0.6% | £431,570 |
| June 2022 | 8.7% | £428,799 |
| June 2021 | 6.8% | £394,306 |
| June 2020 | 1.8% | £369,200 |
| June 2019 | -1.4% | £362,639 |
| June 2018 | 1.8% | £367,746 |
| June 2017 | 6.7% | £361,226 |
| June 2016 | 11% | £338,486 |
| June 2015 | 11.1% | £304,857 |
| June 2014 | 8% | £274,356 |
| June 2013 | 2.4% | £254,028 |
| June 2012 | 3.3% | £248,067 |
| June 2011 | -1.4% | £240,078 |
| June 2010 | 9% | £243,488 |
| June 2009 | -11.5% | £223,285 |
| June 2008 | 1.7% | £252,220 |
| June 2007 | 0% | £247,884 |
Rental Market Trends
The current average rental value in the postcode is £1,565.
The MK45 1LG Rental Market has increased by 47.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,565pcm |
| June 2025 | 4.7% | £1,522pcm |
| June 2024 | 8.1% | £1,453pcm |
| June 2023 | 6.1% | £1,345pcm |
| June 2022 | 9.8% | £1,268pcm |
| June 2021 | 3.6% | £1,155pcm |
| June 2020 | 3% | £1,115pcm |
| June 2019 | 0.9% | £1,082pcm |
| June 2018 | -0.9% | £1,073pcm |
| June 2017 | 1.9% | £1,083pcm |
| June 2016 | 8.7% | £1,062pcm |
| June 2015 | 7.1% | £977pcm |
| June 2014 | 4.1% | £913pcm |
| June 2013 | 1.5% | £877pcm |
| June 2012 | 5.7% | £864pcm |
| June 2011 | 2.1% | £817pcm |
| June 2010 | 5.9% | £801pcm |
| June 2009 | -3.9% | £756pcm |
| June 2008 | 1.9% | £787pcm |
| June 2007 | 0% | £772pcm |
Sales History
The last recorded sale was on 12th April 2024 for £400,000 and since then the market in the area has increased by 2.7%.
MK45 1LG has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Apr 2024£400,000 | 3 Bed House11, Water Lane, Bedford, MK45 1LG11, Water Lane, Bedford, MK45 1LG
- Sold Jun 2023£428,000 | 3 Bed House31, Water Lane, Bedford, MK45 1LG31, Water Lane, Bedford, MK45 1LG
- Sold Jun 2023£575,000 | 4 Bed House21, Water Lane, Bedford, MK45 1LG21, Water Lane, Bedford, MK45 1LG
Nearby Postcodes
MK45 1LG is the 928th largest and the 583rd most expensive postcode out of the 1,226 postcodes in the MK45 area.
- MK45 1LT, Sycamore Close, Flitwick, Bedford, MK45MK45 1LT16 Addresses|75 m away
- MK45 1LJ, Elmwood Crescent, Flitwick, Bedford, MK45MK45 1LJ17 Addresses|122 m away
- MK45 1LF, Orchard Way, Flitwick, Bedford, MK45MK45 1LF29 Addresses|131 m away
- MK45 1LD, Water Lane, Flitwick, Bedford, MK45MK45 1LD25 Addresses|168 m away
- MK45 1GY, Sharp Place, Flitwick, Bedford, MK45MK45 1GY7 Addresses|175 m away
Property Types
- 3 period houses built between 1800 and 1911
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 12 other addresses of unknown type
- period house (3)
- mid-century house (11)
- house (1)
- Unknown (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (9)
- No EPC (13)
Top 3 Most Expensive Sales
- Sold Jun 2023£575,000 | 4 Bed House21, Water Lane, Bedford, MK45 1LG21, Water Lane, Bedford, MK45 1LG
- Sold Apr 2018£470,000 | 4 Bed House21, Water Lane, Bedford, MK45 1LG21, Water Lane, Bedford, MK45 1LG
- Sold Dec 2025£460,000 | 4 Bed House5, Water Lane, Bedford, MK45 1LD5, Water Lane, Bedford, MK45 1LD
Schools Nearby
- Kingsmoor Lower School600 m away
- Flitwick Lower School800 m away
- Templefield Lower School1.1 km away
- Redborne Upper School and Community College2.4 km away
- Harlington Upper School3.5 km away
- Lealands High School9.0 km away
More reading links
Public Transport Nearby
The closest station to MK45 1LG is Flitwick station, which is 800 metres away.
- Flitwick|800 m away
- Harlington (Bedfordshire)|4.1 km away
- Lidlington|6.8 km away
- Millbrook (Bedfordshire)|6.9 km away
