MK40 1AZ is a residential postcode situated on Alexandra Road, Bedford, MK40 with 12 addresses.
It ranks as the 288th largest and 49th most expensive of the 837 postcodes in the MK40 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
MK40 1AZ is a residential postcode situated on Alexandra Road, Bedford, MK40 with 12 addresses.
It ranks as the 288th largest and 49th most expensive of the 837 postcodes in the MK40 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 12 properties: 12 flats.
Sale prices range from £136,076 for 1 bedroom Leasehold flats (430 ft2) to £165,528 for 2 bedroom Leasehold flats (742 ft2) .
Monthly rental prices range from £792 pcm for 1 bed flats to £932 pcm for 2 bed flats.
The gross rental yield is between 6.8% and 7.0%.
The average value per square foot is £316.
The current average value in the postcode is £140,985.
The MK40 1AZ Sales Market has increased by 17.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £140,985 |
| April 2025 | 1.8% | £136,875 |
| April 2024 | 0.3% | £134,418 |
| April 2023 | -1.2% | £134,063 |
| April 2022 | 6.7% | £135,629 |
| April 2021 | 2.8% | £127,081 |
| April 2020 | -0.1% | £123,658 |
| April 2019 | -3.3% | £123,739 |
| April 2018 | -0.1% | £127,981 |
| April 2017 | 6.8% | £128,068 |
| April 2016 | 11.4% | £119,929 |
| April 2015 | 8.1% | £107,620 |
| April 2014 | 8.3% | £99,527 |
| April 2013 | 0.4% | £91,899 |
| April 2012 | -2.5% | £91,508 |
| April 2011 | 0.8% | £93,862 |
| April 2010 | 0.8% | £93,124 |
| April 2009 | -15.9% | £92,362 |
| April 2008 | 4% | £109,767 |
| April 2007 | 0% | £105,536 |
The current average rental value in the postcode is £815.
The MK40 1AZ Rental Market has increased by 36.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £815pcm |
| April 2025 | 4.7% | £789pcm |
| April 2024 | 7.2% | £754pcm |
| April 2023 | 7.2% | £703pcm |
| April 2022 | 3.8% | £656pcm |
| April 2021 | 6.2% | £632pcm |
| April 2020 | -0.2% | £595pcm |
| April 2019 | -0.3% | £596pcm |
| April 2018 | -3.6% | £598pcm |
| April 2017 | 3.4% | £620pcm |
| April 2016 | 10.2% | £599pcm |
| April 2015 | 6.4% | £544pcm |
| April 2014 | 3.3% | £511pcm |
| April 2013 | 0.5% | £495pcm |
| April 2012 | 0.2% | £493pcm |
| April 2011 | 0.4% | £492pcm |
| April 2010 | -3.9% | £490pcm |
| April 2009 | -5.1% | £510pcm |
| April 2008 | 4.9% | £537pcm |
| April 2007 | 0% | £512pcm |
MK40 1AZ is the 288th largest and the 49th most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 1AZ is Bedford station which is 300 metres away.
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