Sovereigns Quay - MK40 1TF
Key Postcode Insights
MK40 1TF is a residential postcode situated on Sovereigns Quay, Bedford, MK40 with 50 addresses.
It ranks as the 763rd largest and 222nd 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 50 properties: 1 house and 49 flats.
- Ave. Sale Price
- £194,129
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
MK40 1TF is a residential postcode situated on Sovereigns Quay, Bedford, MK40 with 50 addresses.
It ranks as the 763rd largest and 222nd 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 50 properties: 1 house and 49 flats.
- Ave. Sale Price
- £194,129
- 10 Year change
- up 16.4%
- Ave. Rental Price
- £911pcm
- 10 Year change
- up 41.2%
- Ave. £ per ft²
- £324/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin MK40 1TF
- 51 Sovereigns Quay
3 Bed Modern Flat
- 52 Sovereigns Quay
2 Bed Modern Flat
- 53 Sovereigns Quay
1 Bed Modern Flat
- 54 Sovereigns Quay
2 Bed Modern Flat
- 55 Sovereigns Quay
2 Bed Modern Flat
Sales Market Trends
The last sale in MK40 1TF sold for £240,000 on 6th February 2026. Since then prices are down an average of 0.7%.
The current average value in the postcode is £194,129.
The MK40 1TF Sales Market has increased by 16.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £194,129 |
| June 2025 | 1.6% | £193,671 |
| June 2024 | 0.5% | £190,574 |
| June 2023 | -1.9% | £189,680 |
| June 2022 | 8.7% | £193,270 |
| June 2021 | 3% | £177,826 |
| June 2020 | 0.7% | £172,585 |
| June 2019 | -3% | £171,412 |
| June 2018 | 0.5% | £176,647 |
| June 2017 | 5.4% | £175,826 |
| June 2016 | 12.9% | £166,846 |
| June 2015 | 6.7% | £147,788 |
| June 2014 | 8.8% | £138,492 |
| June 2013 | 1.4% | £127,312 |
| June 2012 | -0.7% | £125,539 |
| June 2011 | 0.1% | £126,440 |
| June 2010 | 3.3% | £126,263 |
| June 2009 | -15% | £122,210 |
| June 2008 | -0.6% | £143,704 |
| June 2007 | 0% | £144,595 |
Rental Market Trends
The current average rental value in the postcode is £911.
The MK40 1TF Rental Market has increased by 41.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £911pcm |
| June 2025 | 4.5% | £880pcm |
| June 2024 | 7% | £842pcm |
| June 2023 | 7% | £787pcm |
| June 2022 | 6.2% | £736pcm |
| June 2021 | 6.3% | £693pcm |
| June 2020 | 0.9% | £652pcm |
| June 2019 | 0% | £646pcm |
| June 2018 | -2.8% | £646pcm |
| June 2017 | 3.1% | £665pcm |
| June 2016 | 9.3% | £645pcm |
| June 2015 | 7.3% | £590pcm |
| June 2014 | 3.8% | £550pcm |
| June 2013 | 1.4% | £530pcm |
| June 2012 | 0.9% | £522pcm |
| June 2011 | 0.7% | £518pcm |
| June 2010 | -1.2% | £514pcm |
| June 2009 | -6.8% | £521pcm |
| June 2008 | 2.5% | £559pcm |
| June 2007 | 0% | £545pcm |
Sales History
The last sale was on 6th February 2026 for £240,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 136 sales since 1995.
MK40 1TF has seen 6 sales in the last three years and 1 sale in the last twelve months.
- Sold Feb 2026£240,000 | 2 Bed Flat67, Sovereigns Quay, Bedford, MK40 1TF67, Sovereigns Quay, Bedford, MK40 1TF
- Sold Apr 2024£175,000 | 2 Bed Flat69, Sovereigns Quay, Bedford, MK40 1TF69, Sovereigns Quay, Bedford, MK40 1TF
- Sold Dec 2023£190,000 | 2 Bed Flat74, Sovereigns Quay, Bedford, MK40 1TF74, Sovereigns Quay, Bedford, MK40 1TF
- Sold Dec 2023£220,000 | 3 Bed Flat66, Sovereigns Quay, Bedford, MK40 1TF66, Sovereigns Quay, Bedford, MK40 1TF
- Sold May 2023£315,000 | 3 Bed Flat51, Sovereigns Quay, Bedford, MK40 1TF51, Sovereigns Quay, Bedford, MK40 1TF
Nearby Postcodes
MK40 1TF is the 763rd largest and the 222nd most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 1TT, Sovereigns Quay, Bedford, MK40MK40 1TT7 Addresses|12 m away
- MK40 1TE, Sovereigns Quay, Bedford, MK40MK40 1TE9 Addresses|51 m away
- MK40 1BL, Prebend Street, Bedford, MK40MK40 1BL42 Addresses|74 m away
- MK40 1BN, Prebend Street, Bedford, MK40MK40 1BN60 Addresses|74 m away
- MK40 1QS, Commercial Road, Bedford, MK40MK40 1QS37 Addresses|85 m away
Property Types
- 46 modern flats built after 1980
- 2 mid-century flats built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (46)
- mid-century flat (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 48 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (40)
- G (0)
- D (5)
- 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 School800 m away
- Livingstone Primary School1.2 km away
- Bedford Free School400 m away
- Biddenham International School and Sports College1.7 km away
- Castle Newnham School2.0 km away
More reading links
Public Transport Nearby
The closest station to MK40 1TF is Bedford St Johns station, which is 500 metres away.
- Bedford St Johns|500 m away
- Bedford|600 m away
- Kempston Hardwick|5.0 km away
- Stewartby|7.9 km away
