MK40 3JR is a residential postcode located on Newnham Street, Bedford, MK40. It is the 432nd largest postcode in the MK40 area.
It contains 16 residential addresses consisting of 6 houses, 5 flats and 5 unknown and the most common type of property is a period flat built between 1800 and 1911.
The average house value is £399,749. Sales values have decreased in the last 12 months by 1.7% and Rental values have increased by 2.8%.
Property sale values range from £194,776 for a leasehold flat, with 2 bedrooms split across 710 square feet of gross internal area and has a garden to £529,411 for a freehold house, with 4 bedrooms split across 1,477 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 3JR is £317/ft2.
Properties achieve a rental yield of between 3.5% and 5.9%, and rental values range from £961 to £1,617 per month.
The last sale was 29 Mar 2021 for £395,000 and since then the market in the area has increased by 6%. The postcode has had a total of 4 sales since 1995.
MK40 3JR has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 3JR is the 432nd largest and the 653rd most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 3JR is the 432nd largest and the 653rd most expensive postcode out of the 860 postcodes in the MK40 area.
MK40 3JR is a residential postcode located on Newnham Street, Bedford, MK40 with 6 houses, 5 flats and 5 unknown within its bounds.
The most common property type in MK40 3JR 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 3JR is Bedford St Johns station which is 1.0 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 3JR, 41.6% of property is privately owned with a mortgage and 40.2% is privately owned outright.
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 3JR, 20.6% of residents are recorded as possessing school level qualifications and 50.5% 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 3JR, the average age was 38.6 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 3JR, 0.3% 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 3JR, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.