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MK40 4LR

MK40 4LR

Last update: Sep 2024

Postcode Overview

of MK40 4LR

MK40 4LR is a residential postcode located on Cromwell Road, Bedford, MK40. It is the 713th largest postcode in the MK40 area.

It contains 36 residential addresses consisting of 25 houses, 2 flats and 9 unknown and the most common type of property is a period house built between 1800 and 1911.

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Average property prices

in MK40 4LR

The average house value is £200,670. Sales values have increased in the last 12 months by 1.1% and Rental values have increased by 5.7%.

Property sale values range from £91,221 for a leasehold flat, with 1 bedrooms split across 441 square feet of gross internal area and has no outside space to £259,469 for a freehold house, with 4 bedrooms split across 1,464 square feet of gross internal area and has a garden.

Average £/ft2 for properties in MK40 4LR is £219/ft2.

Properties achieve a rental yield of between 5.3% and 7.1%, and rental values range from £539 to £1,158 per month.

Sale value change
12 months
1.1%
Rental value change
12 months
5.7%
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Recent sales

within MK40 4LR

The last sale was 17 Aug 2022 for £202,000 and since then the market in the area has decreased by -3.6%. The postcode has had a total of 4 sales since 1995.

MK40 4LR has seen 1 sale in the last three years and no sales in the last twelve months.

£202,000
Aug-2022
Sold
£140,000
Sep-2018
Sold
£125,000
Feb-2015
Sold
£141,000
Aug-2014
Sold
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Nearby postcodes

to MK40 4LR

MK40 4LR is the 713th largest and the 301st most expensive postcode out of the 860 postcodes in the MK40 area.

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Nearby postcodes

to MK40 4LR

MK40 4LR is the 713th largest and the 301st most expensive postcode out of the 860 postcodes in the MK40 area.

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Property types

in MK40 4LR

MK40 4LR is a residential postcode located on Cromwell Road, Bedford, MK40 with 25 houses, 2 flats and 9 unknown within its bounds.

The most common property type in MK40 4LR is a period house built between 1800 and 1911.

period house (23)
modern flat (2)
house (2)
Unknown (9)
Energy Efficiency

Energy Efficiency

of properties within MK40 4LR

The homes with certificates are generally period in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (5)
B (0)
F (0)
C (3)
G (0)
D (17)
No EPC (11)
Schools nearby

Schools nearby

to MK40 4LR

The nearest primary school to MK40 4LR is Queen's Park Academy which is 500 metres away and is rated Good by Ofsted.
500 m
Queen's Park Academy
Good
600 m
St Joseph's and St Gregory's Catholic Primary School and Nursery
Good
700 m
Westfield Primary School
Good
The nearest secondary school is Biddenham International School and Sports College which is 1.0 kilometres away and is rated Good by Ofsted.
1.0 km
Biddenham International School and Sports College
Good
1.1 km
Bedford Free School
Outstanding
2.2 km
Daubeney Academy
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to MK40 4LR

The closest station to MK40 4LR is Bedford station which is 400 metres away.

400 m
Bedford
1.1 km
Bedford St Johns
4.8 km
Kempston Hardwick
7.6 km
Stewartby
Source: National Rail
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