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Postcode Overview
of MK40 2LU
MK40 2LU is a residential postcode located on St. Michaels Road, Bedford, MK40. It is the 778th largest postcode in the MK40 area.
It contains 48 residential addresses consisting of 3 houses, 34 flats and 11 unknown and the most common type of property is a period flat built between 1800 and 1911.
Average property prices
in MK40 2LU
The average house value is £154,042. Sales values have increased in the last 12 months by 0.6% and Rental values have increased by 5.2%.
Property sale values range from £99,850 for a leasehold flat, with 1 bedrooms split across 323 square feet of gross internal area and has no outside space to £830,442 for a freehold house, with 5 bedrooms split across 1,884 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 2LU is £319/ft2.
Properties achieve a rental yield of between 3.3% and 7.2%, and rental values range from £600 to £2,277 per month.
Recent sales
within MK40 2LU
The last sale was 04 Oct 2022 for £625,000 and since then the market in the area has decreased by -2.1%. The postcode has had a total of 4 sales since 1995.
MK40 2LU has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to MK40 2LU
MK40 2LU is the 778th largest and the 168th most expensive postcode out of the 860 postcodes in the MK40 area.
Nearby postcodes
to MK40 2LU
MK40 2LU is the 778th largest and the 168th most expensive postcode out of the 860 postcodes in the MK40 area.
Property types
in MK40 2LU
MK40 2LU is a residential postcode located on St. Michaels Road, Bedford, MK40 with 3 houses, 34 flats and 11 unknown within its bounds.
The most common property type in MK40 2LU is a period flat built between 1800 and 1911.
Energy Efficiency
of properties within MK40 2LU
The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.
Schools nearby
to MK40 2LU
Public transport nearby
to MK40 2LU
The closest station to MK40 2LU is Bedford station which is 1.7 kilometres away.
