MK40 2AX is a residential postcode located on Milton Road, Bedford, MK40. It is the 288th largest postcode in the MK40 area.
It contains 10 residential addresses consisting of 3 houses and 7 flats and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £112,494. Sales values have increased in the last 12 months by 1.4% and Rental values have increased by 6.0%.
Property sale values range from £86,342 for a leasehold flat, with 1 bedrooms split across 280 square feet of gross internal area and has no outside space to £806,573 for a freehold house, with 6 bedrooms split across 3,261 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 2AX is £277/ft2.
Properties achieve a rental yield of between 3.5% and 7.2%, and rental values range from £519 to £2,335 per month.
The last sale was 30 Sep 2019 for £205,000 and since then the market in the area has increased by 11.7%. The postcode has had a total of 4 sales since 1995.
MK40 2AX has seen no sales in the last three years and no sales in the last twelve months.
MK40 2AX is the 288th largest and the 50th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2AX is the 288th largest and the 50th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2AX is a residential postcode located on Milton Road, Bedford, MK40 with 3 houses and 7 flats within its bounds.
The most common property type in MK40 2AX is a period flat built between 1800 and 1911.
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being E.
The closest station to MK40 2AX is Bedford station which is 600 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 2AX, 38.0% of property is privately rented and 31.5% is socially 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 2AX, 11.9% of residents are recorded as possessing school level qualifications and 34.4% 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 2AX, the average age was 40.9 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 2AX, 2.3% 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 2AX, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.