MK40 1BL is a residential postcode situated on Prebend Street, Bedford, MK40 with 102 addresses.
It ranks as the 718th largest of the 837 postcodes in the MK40 area.
The postcode contains a total of 102 properties: 42 flats and 60 other properties.
MK40 1BL is a residential postcode situated on Prebend Street, Bedford, MK40 with 102 addresses.
It ranks as the 718th largest of the 837 postcodes in the MK40 area.
The postcode contains a total of 102 properties: 42 flats and 60 other properties.
The last sale in MK40 1BL sold for £168,000 on 2nd July 2024. Since then prices are up an average of 1.8%.
The current average value in the postcode is £155,519.
The MK40 1BL Sales Market has increased by 16.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.7% | £155,519 |
| April 2025 | 1% | £152,980 |
| April 2024 | 0.2% | £151,453 |
| April 2023 | -0.7% | £151,130 |
| April 2022 | 6.6% | £152,269 |
| April 2021 | 2.5% | £142,902 |
| April 2020 | 0.2% | £139,385 |
| April 2019 | -3% | £139,120 |
| April 2018 | 0.6% | £143,394 |
| April 2017 | 6.6% | £142,529 |
| April 2016 | 10.2% | £133,673 |
| April 2015 | 7.3% | £121,327 |
| April 2014 | 7.8% | £113,020 |
| April 2013 | 0.6% | £104,801 |
| April 2012 | -2.5% | £104,181 |
| April 2011 | 1.2% | £106,804 |
| April 2010 | 1.4% | £105,573 |
| April 2009 | -16.7% | £104,125 |
| April 2008 | 3.2% | £124,938 |
| April 2007 | 0% | £121,108 |
The current average rental value in the postcode is £899.
The MK40 1BL Rental Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.9% | £899pcm |
| April 2025 | 3.9% | £882pcm |
| April 2024 | 7.2% | £849pcm |
| April 2023 | 7.6% | £793pcm |
| April 2022 | 3.6% | £736pcm |
| April 2021 | 6% | £711pcm |
| April 2020 | 0.1% | £671pcm |
| April 2019 | 0.1% | £670pcm |
| April 2018 | -2.9% | £670pcm |
| April 2017 | 3.2% | £690pcm |
| April 2016 | 8.9% | £668pcm |
| April 2015 | 5.7% | £613pcm |
| April 2014 | 2.8% | £581pcm |
| April 2013 | 0.7% | £565pcm |
| April 2012 | 0.2% | £561pcm |
| April 2011 | 0.8% | £560pcm |
| April 2010 | -3.3% | £555pcm |
| April 2009 | -6% | £575pcm |
| April 2008 | 4.1% | £611pcm |
| April 2007 | 0% | £588pcm |
The last sale was on 2nd July 2024 for £168,000 and since then the market in the area has increased by 1.8%. The postcode has had a total of 26 sales since 1995.
MK40 1BL has seen 3 sales in the last three years and no sales in the last twelve months.
MK40 1BL is the 718th largest and the 144th most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 1BL is Bedford station which is 500 metres away.
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