MK40 1AW is a residential postcode situated on Hawes Court, Bedford, MK40 with 7 addresses.
It ranks as the 146th largest and 172nd most expensive of the 837 postcodes in the MK40 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 flats.
MK40 1AW is a residential postcode situated on Hawes Court, Bedford, MK40 with 7 addresses.
It ranks as the 146th largest and 172nd most expensive of the 837 postcodes in the MK40 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 flats.
Sale prices range from £136,076 for 1 bedroom leasehold flats (376 ft2) to £228,652 for 3 bedroom leasehold flats with a garden (1,840 ft2) .
Monthly rental prices range from £792 pcm for 1 bed flats to £1,119 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 7.0%.
The average value per square foot is £229.
The last sale in MK40 1AW sold for £242,500 on 9th May 2025. Since then prices are down an average of 0.0%.
The current average value in the postcode is £182,824.
The MK40 1AW Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.4% | £182,824 |
| April 2025 | 0.9% | £182,121 |
| April 2024 | 0.5% | £180,470 |
| April 2023 | -1.1% | £179,520 |
| April 2022 | 6.1% | £181,565 |
| April 2021 | 2.3% | £171,067 |
| April 2020 | 0.6% | £167,272 |
| April 2019 | -2.7% | £166,250 |
| April 2018 | 0.8% | £170,790 |
| April 2017 | 6.7% | £169,382 |
| April 2016 | 10.7% | £158,700 |
| April 2015 | 8% | £143,342 |
| April 2014 | 7.4% | £132,760 |
| April 2013 | 0.7% | £123,597 |
| April 2012 | -2.2% | £122,682 |
| April 2011 | 1.1% | £125,398 |
| April 2010 | 2% | £124,006 |
| April 2009 | -16.7% | £121,528 |
| April 2008 | 2.3% | £145,933 |
| April 2007 | 0% | £142,604 |
The current average rental value in the postcode is £962.
The MK40 1AW Rental Market has increased by 32.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £962pcm |
| April 2025 | 3.7% | £955pcm |
| April 2024 | 7.8% | £921pcm |
| April 2023 | 6.8% | £854pcm |
| April 2022 | 3.2% | £800pcm |
| April 2021 | 5.6% | £775pcm |
| April 2020 | 0.5% | £733pcm |
| April 2019 | 0.2% | £730pcm |
| April 2018 | -2.9% | £729pcm |
| April 2017 | 3.1% | £751pcm |
| April 2016 | 9.5% | £728pcm |
| April 2015 | 5.9% | £665pcm |
| April 2014 | 2.6% | £628pcm |
| April 2013 | 1% | £612pcm |
| April 2012 | 0.4% | £606pcm |
| April 2011 | 1.2% | £604pcm |
| April 2010 | -3% | £597pcm |
| April 2009 | -6.5% | £615pcm |
| April 2008 | 3.3% | £658pcm |
| April 2007 | 0% | £636pcm |
The last sale was on 9th May 2025 for £242,500 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
MK40 1AW has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 1AW is the 146th largest and the 172nd most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 1AW is Bedford station which is 800 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK40 1AW, % of property is and % is .
The graph below shows how this compares to East of England 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 1AW, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 1AW, 0.0% 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 1AW, there are an average of 0.0 cars per household.
See below for how this compares to East of England and the rest of England & Wales.