MK40 2LJ is a residential postcode located on St. Andrews Road, Bedford, MK40. It is the 851st largest postcode in the MK40 area.
It contains 82 residential addresses consisting of 2 houses, 60 flats and 20 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £160,486. Sales values have increased in the last 12 months by 0.7% and Rental values have increased by 5.3%.
Property sale values range from £116,973 for a studio leasehold flat of 226 square feet and has no outside space to £910,576 for a freehold house, with 6 bedrooms split across 3,950 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 2LJ is £314/ft2.
Properties achieve a rental yield of between 3.8% and 6.8%, and rental values range from £546 to £2,875 per month.
The last sale was 08 Feb 2024 for £159,000 and since then the market in the area has increased by 1.5%. The postcode has had a total of 4 sales since 1995.
MK40 2LJ has seen 4 sales in the last three years and 1 sale in the last twelve months.
MK40 2LJ is the 851st largest and the 185th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2LJ is the 851st largest and the 185th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2LJ is a residential postcode located on St. Andrews Road, Bedford, MK40 with 2 houses, 60 flats and 20 unknown within its bounds.
The most common property type in MK40 2LJ 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 D.
The closest station to MK40 2LJ is Bedford station which is 1.6 kilometres 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 2LJ, 60.6% of property is privately rented and 15.0% is privately owned with a mortgage.
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 2LJ, 8.9% of residents are recorded as possessing school level qualifications and 37.8% 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 2LJ, the average age was 41.3 and the most common age was 22.
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 2LJ, 0.0% 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 2LJ, there are an average of 1.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.