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Postcode Overview
of MK40 3AE
MK40 3AE is a residential postcode located on Merton Road, Bedford, MK40. It is the 608th largest postcode in the MK40 area.
It contains 27 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
Average property prices
in MK40 3AE
The average house value is £183,177. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 4.4%.
Property sale values range from £159,591 for a leasehold flat, with 1 bedrooms split across 474 square feet of gross internal area and has no outside space to £187,696 for a leasehold flat, with 2 bedrooms split across 646 square feet of gross internal area and has no outside space.
Average £/ft2 for properties in MK40 3AE is £298/ft2.
Properties achieve a rental yield of between 5.8% and 5.9%, and rental values range from £788 to £905 per month.
Recent sales
within MK40 3AE
The last sale was 28 Mar 2023 for £200,000 and since then the market in the area has increased by 0.2%. The postcode has had a total of 4 sales since 1995.
MK40 3AE has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby postcodes
to MK40 3AE
MK40 3AE is the 608th largest and the 255th most expensive postcode out of the 860 postcodes in the MK40 area.
Nearby postcodes
to MK40 3AE
MK40 3AE is the 608th largest and the 255th most expensive postcode out of the 860 postcodes in the MK40 area.
Property types
in MK40 3AE
MK40 3AE is a residential postcode located on Merton Road, Bedford, MK40 with 27 flats within its bounds.
The most common property type in MK40 3AE is a mid-century flat built between 1936 and 1979.
Energy Efficiency
of properties within MK40 3AE
The homes with certificates are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
Schools nearby
to MK40 3AE
Public transport nearby
to MK40 3AE
The closest station to MK40 3AE is Bedford St Johns station which is 1.6 kilometres away.
