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MK40 4LZ

MK40 4LZ

Last update: Sep 2024

Postcode Overview

of MK40 4LZ

MK40 4LZ is a residential postcode located on Ormesby Way, Bedford, MK40. It is the 696th largest postcode in the MK40 area.

It contains 22 houses and 12 unknown and the most common type of property is a mid-century house built between 1936 and 1979.

1Ormesby WayBedfordMK40 4LZ
3 bed mid-century house
3Ormesby WayBedfordMK40 4LZ
3 bed mid-century house
5Ormesby WayBedfordMK40 4LZ
5 bed mid-century house
7Ormesby WayBedfordMK40 4LZ
4 bed mid-century house
8Ormesby WayBedfordMK40 4LZ
3 bed mid-century house
9Ormesby WayBedfordMK40 4LZ
3 bed mid-century house
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Average property prices

in MK40 4LZ

The average house value is £285,614. 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 £264,226 for a freehold house, with 3 bedrooms split across 834 square feet of gross internal area and has a garden to £482,625 for a freehold house, with 5 bedrooms split across 2,228 square feet of gross internal area and has a garden.

Average £/ft2 for properties in MK40 4LZ is £345/ft2.

Properties achieve a rental yield of between 4.9% and 5.7%, and rental values range from £1,250 to £1,972 per month.

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

within MK40 4LZ

The last sale was 17 Feb 2023 for £275,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 4 sales since 1995.

MK40 4LZ has seen 4 sales in the last three years and no sales in the last twelve months.

£275,000
Feb-2023
Sold
£310,000
Feb-2023
Sold
£303,000
Oct-2022
Sold
£335,000
Oct-2022
Sold
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Nearby postcodes

to MK40 4LZ

MK40 4LZ is the 696th largest and the 463rd most expensive postcode out of the 860 postcodes in the MK40 area.

properties list title title

Nearby postcodes

to MK40 4LZ

MK40 4LZ is the 696th largest and the 463rd most expensive postcode out of the 860 postcodes in the MK40 area.

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Property types

in MK40 4LZ

MK40 4LZ is a residential postcode located on Ormesby Way, Bedford, MK40 with 22 houses and 12 unknown within its bounds.

The most common property type in MK40 4LZ is a mid-century house built between 1936 and 1979.

mid-century house (20)
house (2)
Unknown (12)
Energy Efficiency

Energy Efficiency

of properties within MK40 4LZ

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

A (0)
E (2)
B (1)
F (0)
C (8)
G (0)
D (9)
No EPC (14)
Schools nearby

Schools nearby

to MK40 4LZ

The nearest primary school to MK40 4LZ is Westfield Primary School which is 400 metres away and is rated Good by Ofsted.
400 m
Westfield Primary School
Good
400 m
St Joseph's and St Gregory's Catholic Primary School and Nursery
Good
500 m
Queen's Park Academy
Good
The nearest secondary school is Biddenham International School and Sports College which is 600 metres away and is rated Good by Ofsted.
600 m
Biddenham International School and Sports College
Good
1.8 km
Bedford Free School
Outstanding
2.0 km
Daubeney Academy
Requires improvement
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to MK40 4LZ

The closest station to MK40 4LZ is Bedford station which is 1.1 kilometres away.

1.1 km
Bedford
1.8 km
Bedford St Johns
4.4 km
Kempston Hardwick
7.2 km
Stewartby
Source: National Rail
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