Larkway - MK45 1RE
Key Postcode Insights
MK45 1RE is a residential postcode situated on Larkway, Flitwick, Bedford, MK45 with 22 addresses.
It ranks as the 825th largest and 345th 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 22 properties: 22 houses.
- Ave. Sale Price
- £351,629
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,509pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
MK45 1RE is a residential postcode situated on Larkway, Flitwick, Bedford, MK45 with 22 addresses.
It ranks as the 825th largest and 345th 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 22 properties: 22 houses.
- Ave. Sale Price
- £351,629
- 10 Year change
- up 28.3%
- Ave. Rental Price
- £1,509pcm
- 10 Year change
- up 48.4%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin MK45 1RE
- 1 Larkway
3 Bed Mid-century House
- 3A Larkway
3 Bed Modern House
- 3 Larkway
3 Bed Mid-century House
- 5 Larkway
3 Bed Mid-century House
- 7 Larkway
Unknown
Sales Market Trends
The last sale in MK45 1RE sold for £328,000 on 17th March 2025. Since then prices are down an average of 0.8%.
The current average value in the postcode is £351,629.
The MK45 1RE Sales Market has increased by 28.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.5% | £351,629 |
| June 2025 | 3.4% | £356,907 |
| June 2024 | -1.5% | £345,079 |
| June 2023 | 0.6% | £350,507 |
| June 2022 | 9.1% | £348,307 |
| June 2021 | 6.8% | £319,373 |
| June 2020 | 1.8% | £299,135 |
| June 2019 | -1.6% | £293,766 |
| June 2018 | 1.8% | £298,401 |
| June 2017 | 6.9% | £293,023 |
| June 2016 | 11.5% | £274,164 |
| June 2015 | 11.3% | £245,877 |
| June 2014 | 8.2% | £220,930 |
| June 2013 | 2.3% | £204,124 |
| June 2012 | 3.3% | £199,466 |
| June 2011 | -1.4% | £193,122 |
| June 2010 | 8.5% | £195,934 |
| June 2009 | -11.6% | £180,527 |
| June 2008 | 1.6% | £204,252 |
| June 2007 | 0% | £201,122 |
Rental Market Trends
The current average rental value in the postcode is £1,509.
The MK45 1RE Rental Market has increased by 48.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,509pcm |
| June 2025 | 4.8% | £1,464pcm |
| June 2024 | 8.1% | £1,397pcm |
| June 2023 | 6.2% | £1,292pcm |
| June 2022 | 9.9% | £1,217pcm |
| June 2021 | 3.6% | £1,106pcm |
| June 2020 | 3% | £1,068pcm |
| June 2019 | 0.7% | £1,036pcm |
| June 2018 | -0.9% | £1,030pcm |
| June 2017 | 2.1% | £1,039pcm |
| June 2016 | 9% | £1,017pcm |
| June 2015 | 7.2% | £933pcm |
| June 2014 | 4.3% | £871pcm |
| June 2013 | 1.4% | £835pcm |
| June 2012 | 5.7% | £823pcm |
| June 2011 | 2% | £779pcm |
| June 2010 | 5.4% | £764pcm |
| June 2009 | -4% | £725pcm |
| June 2008 | 1.8% | £755pcm |
| June 2007 | 0% | £741pcm |
Sales History
The last sale was on 17th March 2025 for £328,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 41 sales since 1995.
MK45 1RE has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£328,000 | 2 Bed House27, Larkway, Bedford, MK45 1RE27, Larkway, Bedford, MK45 1RE
- Sold Aug 2024£375,000 | 3 Bed House1, Larkway, Bedford, MK45 1RE1, Larkway, Bedford, MK45 1RE
- Sold Sep 2023£322,500 | 3 Bed House3A, Larkway, Bedford, MK45 1RE3A, Larkway, Bedford, MK45 1RE
- Sold Jan 2023£345,000 | 3 Bed House3, Larkway, Bedford, MK45 1RE3, Larkway, Bedford, MK45 1RE
- Sold Jul 2021£279,000 | 2 Bed House27, Larkway, Bedford, MK45 1RE27, Larkway, Bedford, MK45 1RE
Nearby Postcodes
MK45 1RE is the 825th largest and the 345th most expensive postcode out of the 1,226 postcodes in the MK45 area.
- MK45 1RF, Larkway, Flitwick, Bedford, MK45MK45 1RF11 Addresses|29 m away
- MK45 1RQ, Pheasant Walk, Flitwick, Bedford, MK45MK45 1RQ11 Addresses|64 m away
- MK45 1RJ, Martin Road, Flitwick, Bedford, MK45MK45 1RJ7 Addresses|68 m away
- MK45 1RD, Woodcock Walk, Flitwick, Bedford, MK45MK45 1RD16 Addresses|74 m away
- MK45 1RL, Swallow Close, Flitwick, Bedford, MK45MK45 1RL14 Addresses|76 m away
Property Types
- 2 modern houses built after 1980
- 13 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- modern house (2)
- mid-century house (13)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (1)
- F (0)
- C (9)
- G (0)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
Schools Nearby
- Flitwick Lower School400 m away
- Templefield Lower School600 m away
- Kingsmoor Lower School1.1 km away
- Redborne Upper School and Community College2.2 km away
- Harlington Upper School3.7 km away
- Lealands High School9.3 km away
More reading links
Public Transport Nearby
The closest station to MK45 1RE is Flitwick station, which is 700 metres away.
- Flitwick|700 m away
- Harlington (Bedfordshire)|4.2 km away
- Lidlington|6.0 km away
- Millbrook (Bedfordshire)|6.4 km away
