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MK43 (Marston Moretaine) area guide
Have your say - click here to share your opinions on MK43
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Postcode District:
MK43
Postcode District Name:
Marston Moretaine
Location:
The MK43 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ampthill, Aspley Guise, Bedford, Bedfordshire, Bourne End, Brogborough, Bromham, Carlton, Castle, Cranfield, Felmersham, Harrold, Husborne Crawley, Kempston, Kempston Hardwick, Kempston North, Kempston South, Lidlington, Marston, Marston Moretaine, Newton Blossomville, Oakley, Odell, Olney, Pavenham, Radwell, Ridgmont, Stagsden, Stevington, Stewartby, Turvey, Wharley End, Woburn, Wootton.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about MK43 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK43" section.
A Mouseprice property guide for MK43 Marston Moretaine is coming soon. In the meantime, please have a look at the raw data and statistics about MK43 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in MK43 is 12459 homes.
Given that the nominal growth rate in this postcode district (MK43) has been about 16.1% over the last 5 years, it would be reasonable to assume that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
Over the last 3 months, the average property value for this postcode district has been £218626.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 8.2.
New transactions as a percentage of overall sales are 12.8%.
Housing stock:
The most readily available type of property in the area are Detached Houses, making up 42.2% of the total.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 3.9% are this type.
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 8.2% of the total rented accommodation in the area.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is higher than the national average of £187894 at £352315.
Who lives here:
Total population in this area is 30643.
The average age in this area is 39.
This area has a high percentage of married people at 23.7%.
Average working hours in this area for men are 43 and for women are 31.
This area has 1.6 people per square kilometre.
Job prospects in this area are good with low unemployment (1.9%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.
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