Spenser Road - MK40 2AZ
Key Postcode Insights
MK40 2AZ is a residential postcode situated on Spenser Road, Bedford, MK40 with 58 addresses.
It ranks as the 787th largest and 141st 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 58 properties: 24 houses and 34 flats.
- Ave. Sale Price
- £246,135
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,231pcm
- 10 Year change
- up 40.4%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
MK40 2AZ is a residential postcode situated on Spenser Road, Bedford, MK40 with 58 addresses.
It ranks as the 787th largest and 141st 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 58 properties: 24 houses and 34 flats.
- Ave. Sale Price
- £246,135
- 10 Year change
- up 15.6%
- Ave. Rental Price
- £1,231pcm
- 10 Year change
- up 40.4%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin MK40 2AZ
- 1 Spenser Road
5 Bed Period House
- 2 Spenser Road
3 Bed Period Flat
- 3 Spenser Road
5 Bed Period House
- 4 Spenser Road
5 Bed Period House
- 5 Spenser Road
4 Bed Period House
Sales Market Trends
The last sale in MK40 2AZ sold for £615,000 on 5th March 2026. Since then prices are up an average of 0.1%.
The current average value in the postcode is £246,135.
The MK40 2AZ Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £246,135 |
| June 2025 | 0.9% | £245,766 |
| June 2024 | 0.4% | £243,555 |
| June 2023 | -1.4% | £242,516 |
| June 2022 | 8.2% | £246,063 |
| June 2021 | 3.1% | £227,351 |
| June 2020 | 0.7% | £220,431 |
| June 2019 | -2.8% | £218,891 |
| June 2018 | 0.9% | £225,296 |
| June 2017 | 4.8% | £223,332 |
| June 2016 | 12.6% | £213,005 |
| June 2015 | 5.9% | £189,147 |
| June 2014 | 8.2% | £178,581 |
| June 2013 | 1.6% | £165,079 |
| June 2012 | -0.7% | £162,438 |
| June 2011 | 0.7% | £163,507 |
| June 2010 | 4.4% | £162,418 |
| June 2009 | -14.7% | £155,564 |
| June 2008 | -0.6% | £182,477 |
| June 2007 | 0% | £183,599 |
Rental Market Trends
The current average rental value in the postcode is £1,231.
The MK40 2AZ Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,231pcm |
| June 2025 | 3.8% | £1,191pcm |
| June 2024 | 6.9% | £1,148pcm |
| June 2023 | 7.5% | £1,073pcm |
| June 2022 | 5.8% | £999pcm |
| June 2021 | 6.4% | £944pcm |
| June 2020 | 0.9% | £887pcm |
| June 2019 | 0.1% | £879pcm |
| June 2018 | -2.4% | £878pcm |
| June 2017 | 2.6% | £900pcm |
| June 2016 | 9% | £877pcm |
| June 2015 | 6.6% | £804pcm |
| June 2014 | 3.2% | £755pcm |
| June 2013 | 1.6% | £731pcm |
| June 2012 | 0.9% | £719pcm |
| June 2011 | 1.1% | £713pcm |
| June 2010 | -0.2% | £705pcm |
| June 2009 | -6.5% | £706pcm |
| June 2008 | 2.5% | £755pcm |
| June 2007 | 0% | £737pcm |
Sales History
The last sale was on 5th March 2026 for £615,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 125 sales since 1995.
MK40 2AZ has seen 8 sales in the last three years and 2 sales in the last twelve months.
- Sold Mar 2026£615,000 | 5 Bed House14, Spenser Road, Bedford, MK40 2AZ14, Spenser Road, Bedford, MK40 2AZ
- Sold Oct 2025£160,000 | 1 Bed FlatFlat 1, 20, Spenser Road, Bedford, MK40 2AZFlat 1, 20, Spenser Road, Bedford, MK40 2AZ
- Sold Jan 2025£345,000 | 4 Bed House21, Spenser Road, Bedford, MK40 2AZ21, Spenser Road, Bedford, MK40 2AZ
- Sold Oct 2024£135,000 | 2 Bed FlatFlat 5, 20, Spenser Road, Bedford, MK40 2AZFlat 5, 20, Spenser Road, Bedford, MK40 2AZ
- Sold Sep 2024£150,000 | 2 Bed FlatFlat 5, 16, Spenser Road, Bedford, MK40 2AZFlat 5, 16, Spenser Road, Bedford, MK40 2AZ
Nearby Postcodes
MK40 2AZ is the 787th largest and the 141st most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2AX, Milton Road, Bedford, MK40MK40 2AX10 Addresses|64 m away
- MK40 2AY, Milton Road, Bedford, MK40MK40 2AY5 Addresses|76 m away
- MK40 2AJ, Chaucer Road, Bedford, MK40MK40 2AJ65 Addresses|86 m away
- MK40 2BA, Spenser Road, Bedford, MK40MK40 2BA9 Addresses|96 m away
- MK40 4HZ, Granet Close, Bedford, MK40MK40 4HZ28 Addresses|116 m away
Property Types
- 19 period houses built between 1800 and 1911
- 34 period flats built between 1800 and 1911
- 5 other addresses of unknown type
- period house (19)
- period flat (34)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 50 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (14)
- G (0)
- D (32)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Mar 2026£615,000 | 5 Bed House14, Spenser Road, Bedford, MK40 2AZ14, Spenser Road, Bedford, MK40 2AZ
- Sold Feb 2018£500,000 | 4 Bed House84, Spenser Road, Bedford, MK40 2BB84, Spenser Road, Bedford, MK40 2BB
- Sold Jun 2023£440,000 | 4 Bed House61, Spenser Road, Bedford, MK40 2BE61, Spenser Road, Bedford, MK40 2BE
Schools Nearby
- Livingstone Primary School600 m away
- Priory Primary School600 m away
- Great Ouse Primary Academy700 m away
- Biddenham International School and Sports College1.0 km away
- Bedford Free School1.4 km away
- Castle Newnham School2.2 km away
More reading links
Public Transport Nearby
The closest station to MK40 2AZ is Bedford station, which is 500 metres away.
- Bedford|500 m away
- Bedford St Johns|1.6 km away
- Kempston Hardwick|5.5 km away
- Stewartby|8.3 km away
