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MK45 (Flitwick) area guide
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Postcode District:
MK45
Postcode District Name:
Flitwick
Location:
The MK45 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ampthill, Barton Le Clay, Barton-Le-Clay, Bedford, Bedfordshire, Briar Bank Park, Castle, Clophill, Cotton End, Eastcotts, Flitton, Flitton, Greenfield and Pulloxhill, Flitwick, Flitwick East, Flitwick West, Gravenhurst, Greenfield, Harlington, Haynes, Houghton Conquest, Houghton, Haynes, Southill and Old Warden, Kempston Hardwick, Marston, Maulden, Maulden and Clophill, Maulden Road Industrial Estate, Millbrook, Olney, Pine View Park, Pulloxhill, Sharpenhoe, Shefford, Campton and Gravenhurst, Shillington, Stondon and Henlow Camp, Silsoe, Steppingley, Streatley, Westoning, Westoning and Tingrith, Wilshamstead, Wilstead, Wootton.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about MK45 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK45" section.
A Mouseprice property guide for MK45 Flitwick is coming soon. In the meantime, please have a look at the raw data and statistics about MK45 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 MK45 is 16742 homes.
The postcode district MK45 has been experiencing annual growth of 16.1% over the last 5 years excluding the effect of inflation. This growth rate tends to indicatea 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 £227629.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 8.6.
New transactions as a percentage of overall sales are 10%.
Housing stock:
If you are specifically looking to buy Detached Houses, this would be an excellent area for you to explore, with 39.2% of properties being this type.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 5.5% are this type.
This is an area with a high proportion of property suitable for families with children.
There is a high proportion of temporary housing in this area at 1.5%.
Socially rented accommodation represents 10.3% 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 less that the national average of £187894 at £168681.
Who lives here:
The population of this postcode district is 40968.
The average age in this area is 38.
This area has a high percentage of married people at 23.5%.
Average working hours in this area for men are 44 and for women are 31.
This area has 2.9 people per square kilometre.
Job prospects in this area are good with low unemployment (1.7%). Most jobs are found in the Wholesale & Retail and Construction sectors.
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