Sovereigns Quay - MK40 1TE
Key Postcode Insights
MK40 1TE is a residential postcode situated on Sovereigns Quay, Bedford, MK40 with 9 addresses.
It ranks as the 202nd largest and 266th 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 9 properties: 8 flats and 1 other property.
- Ave. Sale Price
- £206,796
- 10 Year change
- up 11.4%
- Ave. Rental Price
- £969pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
MK40 1TE is a residential postcode situated on Sovereigns Quay, Bedford, MK40 with 9 addresses.
It ranks as the 202nd largest and 266th 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 9 properties: 8 flats and 1 other property.
- Ave. Sale Price
- £206,796
- 10 Year change
- up 11.4%
- Ave. Rental Price
- £969pcm
- 10 Year change
- up 35.2%
- Ave. £ per ft²
- £281/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in MK40 1TE
- 42 Sovereigns Quay
2 Bed Flat
- 43 Sovereigns Quay
2 Bed Modern Flat
- 44 Sovereigns Quay
2 Bed Modern Flat
- 45 Sovereigns Quay
2 Bed Modern Flat
- 46 Sovereigns Quay
3 Bed Modern Flat
Sales Market Trends
The last sale in MK40 1TE sold for £210,000 on 19th May 2022. Since then prices are up an average of 0.4%.
The current average value in the postcode is £206,796.
The MK40 1TE Sales Market has increased by 11.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £206,796 |
| June 2025 | 1.2% | £206,608 |
| June 2024 | 0.4% | £204,192 |
| June 2023 | -2.1% | £203,299 |
| June 2022 | 7.2% | £207,735 |
| June 2021 | 2% | £193,737 |
| June 2020 | 0.7% | £189,855 |
| June 2019 | -2.9% | £188,628 |
| June 2018 | 0% | £194,297 |
| June 2017 | 4.6% | £194,300 |
| June 2016 | 12.3% | £185,683 |
| June 2015 | 6.4% | £165,290 |
| June 2014 | 8.2% | £155,393 |
| June 2013 | 1.1% | £143,681 |
| June 2012 | -1.3% | £142,107 |
| June 2011 | 0.3% | £143,946 |
| June 2010 | 3.2% | £143,560 |
| June 2009 | -15.4% | £139,116 |
| June 2008 | -0.7% | £164,441 |
| June 2007 | 0% | £165,527 |
Rental Market Trends
The current average rental value in the postcode is £969.
The MK40 1TE Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £969pcm |
| June 2025 | 4% | £938pcm |
| June 2024 | 7% | £902pcm |
| June 2023 | 6.7% | £843pcm |
| June 2022 | 4.8% | £790pcm |
| June 2021 | 5.3% | £754pcm |
| June 2020 | 0.8% | £716pcm |
| June 2019 | 0% | £710pcm |
| June 2018 | -3.3% | £710pcm |
| June 2017 | 2.4% | £734pcm |
| June 2016 | 8.7% | £717pcm |
| June 2015 | 6.9% | £659pcm |
| June 2014 | 3.2% | £617pcm |
| June 2013 | 1.1% | £597pcm |
| June 2012 | 0.3% | £591pcm |
| June 2011 | 0.8% | £589pcm |
| June 2010 | -1.4% | £584pcm |
| June 2009 | -7.3% | £592pcm |
| June 2008 | 2.5% | £639pcm |
| June 2007 | 0% | £623pcm |
Sales History
The last recorded sale was on 19th May 2022 for £210,000 and since then the market in the area has increased by 0.4%.
MK40 1TE has had 3 sales since 1995, none of them in the last three years.
- Sold May 2022£210,000 | 2 Bed Flat45, Sovereigns Quay, Bedford, MK40 1TE45, Sovereigns Quay, Bedford, MK40 1TE
- Sold Apr 2022£150,000 | 2 Bed Flat48, Sovereigns Quay, Bedford, MK40 1TE48, Sovereigns Quay, Bedford, MK40 1TE
- Sold Jan 2018£185,000 | 2 Bed Flat48, Sovereigns Quay, Bedford, MK40 1TE48, Sovereigns Quay, Bedford, MK40 1TE
Nearby Postcodes
MK40 1TE is the 202nd largest and the 266th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 1TT, Sovereigns Quay, Bedford, MK40MK40 1TT7 Addresses|43 m away
- MK40 1TH, Heron Quay, Bedford, MK40MK40 1TH52 Addresses|47 m away
- MK40 1TF, Sovereigns Quay, Bedford, MK40MK40 1TF50 Addresses|51 m away
- MK40 1TU, Poulter Close, Bedford, MK40MK40 1TU49 Addresses|76 m away
- MK40 1QS, Commercial Road, Bedford, MK40MK40 1QS37 Addresses|101 m away
Property Types
- 7 modern flats built after 1980
- 1 flat of an unknown age
- 1 other address of unknown type
- modern flat (7)
- flat (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold May 2023£315,000 | 3 Bed Flat51, Sovereigns Quay, Bedford, MK40 1TF51, Sovereigns Quay, Bedford, MK40 1TF
- Sold Mar 2026£310,000 | 3 Bed Flat107, Sovereigns Quay, Bedford, MK40 1TT107, Sovereigns Quay, Bedford, MK40 1TT
- Sold Oct 2021£290,000 | 3 Bed Flat82, Sovereigns Quay, Bedford, MK40 1TF82, Sovereigns Quay, Bedford, MK40 1TF
Schools Nearby
- Priory Primary School500 m away
- Cauldwell School900 m away
- Livingstone Primary School1.1 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 1TE is Bedford St Johns station, which is 600 metres away.
- Bedford St Johns|600 m away
- Bedford|600 m away
- Kempston Hardwick|5.1 km away
- Stewartby|7.9 km away
