Commercial Road - MK40 1RB
Key Postcode Insights
MK40 1RB is a residential postcode situated on Commercial Road, Bedford, MK40 with 19 addresses.
It ranks as the 452nd largest and 104th most expensive of the 835 postcodes in the MK40 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 10 houses and 9 flats.
- Ave. Sale Price
- £154,856
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £806pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
MK40 1RB is a residential postcode situated on Commercial Road, Bedford, MK40 with 19 addresses.
It ranks as the 452nd largest and 104th most expensive of the 835 postcodes in the MK40 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 19 properties: 10 houses and 9 flats.
- Ave. Sale Price
- £154,856
- 10 Year change
- up 19.6%
- Ave. Rental Price
- £806pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin MK40 1RB
- 11 Commercial Road
Building  |  2 Flats
- 13 Commercial Road
3 Bed Period House
- 15 Commercial Road
3 Bed Period House
- 17 Commercial Road
Unknown
- 19 Commercial Road
Unknown
Sales Market Trends
The last sale in MK40 1RB sold for £157,250 on 7th November 2018. Since then prices are up an average of 13.4%.
The current average value in the postcode is £154,856.
The MK40 1RB Sales Market has increased by 19.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £154,856 |
| June 2025 | 1.8% | £154,179 |
| June 2024 | 0.5% | £151,485 |
| June 2023 | -1.7% | £150,730 |
| June 2022 | 9.6% | £153,338 |
| June 2021 | 3.6% | £139,922 |
| June 2020 | 0.7% | £135,045 |
| June 2019 | -3% | £134,055 |
| June 2018 | 0.9% | £138,183 |
| June 2017 | 5.8% | £136,906 |
| June 2016 | 13.3% | £129,433 |
| June 2015 | 6.8% | £114,204 |
| June 2014 | 9.1% | £106,954 |
| June 2013 | 1.6% | £98,068 |
| June 2012 | -0.4% | £96,513 |
| June 2011 | 0.1% | £96,888 |
| June 2010 | 3.5% | £96,765 |
| June 2009 | -14.8% | £93,470 |
| June 2008 | -0.7% | £109,737 |
| June 2007 | 0% | £110,552 |
Rental Market Trends
The current average rental value in the postcode is £806.
The MK40 1RB Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £806pcm |
| June 2025 | 4.6% | £778pcm |
| June 2024 | 7% | £743pcm |
| June 2023 | 7.2% | £694pcm |
| June 2022 | 7.1% | £648pcm |
| June 2021 | 6.9% | £605pcm |
| June 2020 | 0.9% | £566pcm |
| June 2019 | -0.1% | £561pcm |
| June 2018 | -2.4% | £561pcm |
| June 2017 | 3.5% | £575pcm |
| June 2016 | 9.7% | £555pcm |
| June 2015 | 7.3% | £506pcm |
| June 2014 | 4.1% | £472pcm |
| June 2013 | 1.6% | £453pcm |
| June 2012 | 1.2% | £446pcm |
| June 2011 | 0.7% | £440pcm |
| June 2010 | -1% | £438pcm |
| June 2009 | -6.7% | £442pcm |
| June 2008 | 2.4% | £474pcm |
| June 2007 | 0% | £463pcm |
Sales History
The last sale was on 7th November 2018 for £157,250 and since then the market in the area has increased by 13.4%. The postcode has had a total of 14 sales since 1995.
MK40 1RB has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2018£157,250 | 3 Bed House29, Commercial Road, Bedford, MK40 1RB29, Commercial Road, Bedford, MK40 1RB
- Sold Sep 2014£123,000 | 3 Bed House13, Commercial Road, Bedford, MK40 1RB13, Commercial Road, Bedford, MK40 1RB
- Sold Jul 2014£134,000 | 3 Bed House15, Commercial Road, Bedford, MK40 1RB15, Commercial Road, Bedford, MK40 1RB
- Sold Apr 2005£130,000 | 2 Bed House19, Commercial Road, Bedford, MK40 1RB19, Commercial Road, Bedford, MK40 1RB
- Sold Feb 2005£142,500 | 2 Bed FlatFlat A, 11, Commercial Road, Bedford, MK40 1RBFlat A, 11, Commercial Road, Bedford, MK40 1RB
Nearby Postcodes
MK40 1RB is the 452nd largest and the 104th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 1TU, Poulter Close, Bedford, MK40MK40 1TU49 Addresses|31 m away
- MK40 1QU, Battison Street, Bedford, MK40MK40 1QU38 Addresses|69 m away
- MK40 1QX, Maitland Street, Bedford, MK40MK40 1QX45 Addresses|70 m away
- MK40 1RD, Costin Street, Bedford, MK40MK40 1RD24 Addresses|80 m away
- MK40 1TH, Heron Quay, Bedford, MK40MK40 1TH52 Addresses|83 m away
Property Types
- 4 period houses built between 1800 and 1911
- 9 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 4 other addresses of unknown type
- period house (4)
- period flat (9)
- modern house (2)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 11 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (1)
- G (0)
- D (7)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Feb 2023£220,000 | 3 Bed House22, Commercial Road, Bedford, MK40 1QS22, Commercial Road, Bedford, MK40 1QS
- Sold Feb 2021£200,000 | 3 Bed House4, Commercial Road, Bedford, MK40 1QS4, Commercial Road, Bedford, MK40 1QS
- Sold Oct 2018£194,000 | 3 Bed House61, Commercial Road, Bedford, MK40 1QS61, Commercial Road, Bedford, MK40 1QS
Schools Nearby
- Priory Primary School400 m away
- Cauldwell School1.0 km away
- Livingstone Primary School1.0 km away
- Bedford Free School400 m away
- Biddenham International School and Sports College1.7 km away
- Castle Newnham School1.9 km away
More reading links
Public Transport Nearby
The closest station to MK40 1RB is Bedford station, which is 500 metres away.
- Bedford|500 m away
- Bedford St Johns|700 m away
- Kempston Hardwick|5.2 km away
- Stewartby|8.0 km away
