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Postcode Overview
of MK40 1TE
MK40 1TE is a residential postcode located on Sovereigns Quay, Bedford, MK40. It is the 252nd largest postcode in the MK40 area.
It contains 8 flats and 1 unknown and the most common type of property is a modern flat built after 1980.
Average property prices
in MK40 1TE
The average house value is £193,729. Sales values have increased in the last 12 months by 0.1% and Rental values have increased by 4.7%.
Property sale values range from £174,368 for a leasehold flat, with 2 bedrooms split across 570 square feet of gross internal area and has no outside space to £241,430 for a leasehold flat, with 3 bedrooms split across 1,066 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in MK40 1TE is £273/ft2.
Properties achieve a rental yield of between 5.2% and 5.7%, and rental values range from £826 to £1,071 per month.
Recent sales
within MK40 1TE
The last sale was 19 May 2022 for £210,000 and since then the market in the area has decreased by -3.7%. The postcode has had a total of 4 sales since 1995.
MK40 1TE has seen 2 sales in the last three years and no sales in the last twelve months.
Nearby postcodes
to MK40 1TE
MK40 1TE is the 252nd largest and the 287th most expensive postcode out of the 860 postcodes in the MK40 area.
Nearby postcodes
to MK40 1TE
MK40 1TE is the 252nd largest and the 287th most expensive postcode out of the 860 postcodes in the MK40 area.
Property types
in MK40 1TE
MK40 1TE is a residential postcode located on Sovereigns Quay, Bedford, MK40 with 8 flats and 1 unknown within its bounds.
The most common property type in MK40 1TE is a modern flat built after 1980.
Energy Efficiency
of properties within MK40 1TE
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to MK40 1TE
Public transport nearby
to MK40 1TE
The closest station to MK40 1TE is Bedford St Johns station which is 600 metres away.
