MK40 2RY is a residential postcode located on Tavistock Place, Bedford, MK40. It is the 337th largest postcode in the MK40 area.
It contains 8 flats and 4 unknown and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £141,394. Sales values have increased in the last 12 months by 1.2% and Rental values have increased by 5.8%.
Property sale values range from £134,787 for a leasehold flat, with 1 bedrooms split across 474 square feet of gross internal area and has no outside space to £158,814 for a leasehold flat, with 2 bedrooms split across 592 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in MK40 2RY is £289/ft2.
Properties achieve a rental yield of between 6.4% and 6.5%, and rental values range from £717 to £844 per month.
The last sale was 10 Jul 2023 for £160,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 4 sales since 1995.
MK40 2RY has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 2RY is the 337th largest and the 117th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2RY is the 337th largest and the 117th most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 2RY is a residential postcode located on Tavistock Place, Bedford, MK40 with 8 flats and 4 unknown within its bounds.
The most common property type in MK40 2RY is a mid-century flat built between 1936 and 1979.
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to MK40 2RY is Bedford station which is 700 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 2RY, 70.5% of property is privately rented and 16.4% 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 2RY, 13.4% of residents are recorded as possessing school level qualifications and 35.3% 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 2RY, 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 2RY, 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 2RY, there are an average of 0.6 cars per household.
See below for how this compares to East of England and the rest of England & Wales.