MK40 1SY is a residential postcode situated on Silver Street, Bedford, MK40 with 22 addresses.
It ranks as the 499th largest and 186th 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 22 properties: 4 houses and 18 flats.
MK40 1SY is a residential postcode situated on Silver Street, Bedford, MK40 with 22 addresses.
It ranks as the 499th largest and 186th 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 22 properties: 4 houses and 18 flats.
Sale prices range from £136,076 for 1 bedroom leasehold flats (430 ft2) to £440,118 for 4 bedroom leasehold houses with a garden (1,148 ft2) .
Monthly rental prices range from £792 pcm for 1 bed flats to £1,772 pcm for 4 bed houses.
The gross rental yield is between 4.8% and 7.0%.
The average value per square foot is £316.
The last sale in MK40 1SY sold for £564,000 on 25th January 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £206,082.
The MK40 1SY Sales Market has increased by 20.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £206,082 |
| April 2025 | 1.1% | £203,623 |
| April 2024 | 0.3% | £201,389 |
| April 2023 | 0% | £200,846 |
| April 2022 | 7.7% | £200,836 |
| April 2021 | 3.7% | £186,542 |
| April 2020 | -0.2% | £179,840 |
| April 2019 | -2.7% | £180,228 |
| April 2018 | 1.1% | £185,207 |
| April 2017 | 7.2% | £183,105 |
| April 2016 | 11.2% | £170,728 |
| April 2015 | 8% | £153,577 |
| April 2014 | 8.2% | £142,203 |
| April 2013 | 1.9% | £131,445 |
| April 2012 | -0.9% | £128,984 |
| April 2011 | 0.9% | £130,212 |
| April 2010 | 3.1% | £128,988 |
| April 2009 | -16.1% | £125,168 |
| April 2008 | 3.4% | £149,249 |
| April 2007 | 0% | £144,356 |
The current average rental value in the postcode is £1,040.
The MK40 1SY Rental Market has increased by 38.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £1,040pcm |
| April 2025 | 3.9% | £1,025pcm |
| April 2024 | 7.5% | £986pcm |
| April 2023 | 8.1% | £917pcm |
| April 2022 | 4.7% | £849pcm |
| April 2021 | 7.1% | £811pcm |
| April 2020 | -0.3% | £757pcm |
| April 2019 | 0.1% | £759pcm |
| April 2018 | -2.6% | £758pcm |
| April 2017 | 3.6% | £779pcm |
| April 2016 | 9.9% | £751pcm |
| April 2015 | 5.9% | £684pcm |
| April 2014 | 3.3% | £646pcm |
| April 2013 | 2.2% | £625pcm |
| April 2012 | 1.6% | £612pcm |
| April 2011 | 1.1% | £602pcm |
| April 2010 | -2% | £596pcm |
| April 2009 | -5.8% | £608pcm |
| April 2008 | 4.4% | £645pcm |
| April 2007 | 0% | £618pcm |
The last sale was on 25th January 2023 for £564,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
MK40 1SY has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 1SY is the 499th largest and the 186th most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 1SY 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 1SY, % 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 1SY, 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 1SY, 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 1SY, 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.