The Avenue - MK40 1EF
Key Postcode Insights
MK40 1EF is a residential postcode situated on The Avenue, Bedford, MK40 with 31 addresses.
It ranks as the 626th largest and 6th most expensive of the 835 postcodes in the MK40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 6 houses and 25 flats.
- Ave. Sale Price
- £115,987
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £664pcm
- 10 Year change
- up 43.9%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Key Postcode Insights
MK40 1EF is a residential postcode situated on The Avenue, Bedford, MK40 with 31 addresses.
It ranks as the 626th largest and 6th most expensive of the 835 postcodes in the MK40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 31 properties: 6 houses and 25 flats.
- Ave. Sale Price
- £115,987
- 10 Year change
- up 18.4%
- Ave. Rental Price
- £664pcm
- 10 Year change
- up 43.9%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 6.9%/year/yr
Explore Propertiesin MK40 1EF
- Philip Larkin House
Modern Building | 16 Units
- 1 The Avenue
5 Bed Period House
- 2 The Avenue
Period Building | 6 Units
- 3 The Avenue
5 Bed Period House
- 4A The Avenue
4 Bed Modern House
Sales Market Trends
The last sale in MK40 1EF sold for £76,000 on 6th October 2025. Since then prices are up an average of 1.2%.
The current average value in the postcode is £115,987.
The MK40 1EF Sales Market has increased by 18.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £115,987 |
| June 2025 | 1.7% | £114,770 |
| June 2024 | 0.4% | £112,830 |
| June 2023 | -1.6% | £112,392 |
| June 2022 | 9.1% | £114,210 |
| June 2021 | 3.5% | £104,727 |
| June 2020 | 0.4% | £101,151 |
| June 2019 | -3% | £100,764 |
| June 2018 | 0.7% | £103,897 |
| June 2017 | 5.3% | £103,128 |
| June 2016 | 12.9% | £97,925 |
| June 2015 | 6.4% | £86,727 |
| June 2014 | 9% | £81,481 |
| June 2013 | 1.6% | £74,761 |
| June 2012 | -0.7% | £73,571 |
| June 2011 | 0.1% | £74,096 |
| June 2010 | 3.2% | £74,010 |
| June 2009 | -14.3% | £71,703 |
| June 2008 | -0.2% | £83,699 |
| June 2007 | 0% | £83,825 |
Rental Market Trends
The current average rental value in the postcode is £664.
The MK40 1EF Rental Market has increased by 43.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £664pcm |
| June 2025 | 4.6% | £637pcm |
| June 2024 | 6.9% | £609pcm |
| June 2023 | 7.3% | £570pcm |
| June 2022 | 6.6% | £531pcm |
| June 2021 | 6.8% | £498pcm |
| June 2020 | 0.6% | £466pcm |
| June 2019 | -0.1% | £464pcm |
| June 2018 | -2.5% | £464pcm |
| June 2017 | 3.1% | £476pcm |
| June 2016 | 9.3% | £462pcm |
| June 2015 | 7.1% | £422pcm |
| June 2014 | 4% | £395pcm |
| June 2013 | 1.6% | £379pcm |
| June 2012 | 0.9% | £373pcm |
| June 2011 | 0.6% | £370pcm |
| June 2010 | -1.3% | £368pcm |
| June 2009 | -6.1% | £373pcm |
| June 2008 | 3% | £397pcm |
| June 2007 | 0% | £385pcm |
Sales History
The last sale was on 6th October 2025 for £76,000 and since then the market in the area has increased by 1.2%. The postcode has had a total of 44 sales since 1995.
MK40 1EF has seen 4 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£76,000 | 2 Bed FlatApartment 7, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EFApartment 7, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EF
- Sold May 2025£250,000 | 5 Bed House1, The Avenue, Bedford, MK40 1EF1, The Avenue, Bedford, MK40 1EF
- Sold Aug 2024£155,000 | 2 Bed FlatApartment 8, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EFApartment 8, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EF
- Sold Oct 2023£92,000 | 1 Bed FlatApartment 9, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EFApartment 9, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EF
- Sold Apr 2022£98,000 | 1 Bed FlatApartment 10, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EFApartment 10, Philip Larkin House 8-10, The Avenue, Bedford, MK40 1EF
Nearby Postcodes
MK40 1EF is the 626th largest and the 6th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 1EL, The Avenue, Bedford, MK40MK40 1EL18 Addresses|31 m away
- MK40 1FB, Conduit Road, Bedford, MK40MK40 1FB63 Addresses|50 m away
- MK40 1FD, Conduit Road, Bedford, MK40MK40 1FD41 Addresses|50 m away
- MK40 1EA, Ashburnham Road, Bedford, MK40MK40 1EA69 Addresses|65 m away
- MK40 1EJ, Ashburnham Road, Bedford, MK40MK40 1EJ9 Addresses|74 m away
Property Types
- 2 period houses built between 1800 and 1911
- 9 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 16 modern flats built after 1980
- period house (2)
- period flat (9)
- modern house (4)
- modern flat (16)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (1)
- C (11)
- G (0)
- D (13)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Jun 2021£500,000 | FlatFlat A, 2, The Avenue, Bedford, MK40 1EFFlat A, 2, The Avenue, Bedford, MK40 1EF
- Sold Nov 2018£397,500 | 5 Bed House3, The Avenue, Bedford, MK40 1EF3, The Avenue, Bedford, MK40 1EF
- Sold May 2015£325,000 | 5 Bed House3, The Avenue, Bedford, MK40 1EF3, The Avenue, Bedford, MK40 1EF
Schools Nearby
- Priory Primary School200 m away
- Livingstone Primary School600 m away
- Queen's Park Academy900 m away
- Bedford Free School1.0 km away
- Biddenham International School and Sports College1.3 km away
- Castle Newnham School2.0 km away
More reading links
Public Transport Nearby
The closest station to MK40 1EF is Bedford station, which is 200 metres away.
- Bedford|200 m away
- Bedford St Johns|1.2 km away
- Kempston Hardwick|5.4 km away
- Stewartby|8.2 km away
