MK40 1RZ is a residential postcode located on High Street, Bedford, MK40. It is the 516th largest postcode in the MK40 area.
It contains 21 residential addresses consisting of 1 house, 16 flats and 4 unknown and the most common type of property is a modern flat built after 1980.
The average house value is £148,464. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 5.5%.
Property sale values range from £103,828 for a studio leasehold flat of 269 square feet and has no outside space to £529,411 for a leasehold house, with 4 bedrooms split across 1,144 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 1RZ is £367/ft2.
Properties achieve a rental yield of between 3.5% and 6.3%, and rental values range from £548 to £1,553 per month.
The last sale was 27 Jul 2020 for £220,000 and since then the market in the area has increased by 7.4%. The postcode has had a total of 1 sales since 1995.
MK40 1RZ has seen no sales in the last three years and no sales in the last twelve months.
MK40 1RZ is the 516th largest and the 142nd most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 1RZ is the 516th largest and the 142nd most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 1RZ is a residential postcode located on High Street, Bedford, MK40 with 1 house, 16 flats and 4 unknown within its bounds.
The most common property type in MK40 1RZ is a modern flat built after 1980.
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to MK40 1RZ is Bedford St Johns station which is 800 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around MK40 1RZ, 35.4% of property is privately owned outright and 30.8% is privately rented.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK40 1RZ, 41.9% of residents are recorded as possessing school level qualifications and 31.5% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK40 1RZ, the average age was 38.6 and the most common age was 27.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK40 1RZ, 0.8% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK40 1RZ, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.