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Postcode Overview
of MK40 4TL
MK40 4TL is a residential postcode located on Sutherland Lane, Bedford, MK40. It is the 749th largest postcode in the MK40 area.
It contains 42 houses and the most common type of property is a modern house built after 1980.
Average property prices
in MK40 4TL
The average house value is £363,262. Sales values have increased in the last 12 months by 0.8% and Rental values have increased by 5.4%.
Property sale values range from £308,040 for a freehold house, with 3 bedrooms split across 700 square feet of gross internal area and has a garden to £551,998 for a freehold house, with 5 bedrooms split across 1,873 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK40 4TL is £388/ft2.
Properties achieve a rental yield of between 4% and 4.7%, and rental values range from £1,200 to £1,860 per month.
Recent sales
within MK40 4TL
The last sale was 21 Jun 2024 for £360,000 and since then the market in the area has decreased by -0.5%. The postcode has had a total of 4 sales since 1995.
MK40 4TL has seen 4 sales in the last three years and 1 sale in the last twelve months.
Nearby postcodes
to MK40 4TL
MK40 4TL is the 749th largest and the 613th most expensive postcode out of the 860 postcodes in the MK40 area.
Nearby postcodes
to MK40 4TL
MK40 4TL is the 749th largest and the 613th most expensive postcode out of the 860 postcodes in the MK40 area.
Property types
in MK40 4TL
MK40 4TL is a residential postcode located on Sutherland Lane, Bedford, MK40 with 42 houses within its bounds.
The most common property type in MK40 4TL is a modern house built after 1980.
Energy Efficiency
of properties within MK40 4TL
The homes with certificates are generally modern in style with the most common Energy Performance Certificate (EPC) rating being B.
Schools nearby
to MK40 4TL
Public transport nearby
to MK40 4TL
The closest station to MK40 4TL is Bedford station which is 1.1 kilometres away.
