Spenser Road - MK40 2BE
Key Postcode Insights
MK40 2BE is a residential postcode situated on Spenser Road, Bedford, MK40 with 41 addresses.
It ranks as the 710th largest and 505th 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 41 properties: 25 houses and 16 flats.
- Ave. Sale Price
- £278,101
- 10 Year change
- up 18.7%
- Ave. Rental Price
- £1,304pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
MK40 2BE is a residential postcode situated on Spenser Road, Bedford, MK40 with 41 addresses.
It ranks as the 710th largest and 505th 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 41 properties: 25 houses and 16 flats.
- Ave. Sale Price
- £278,101
- 10 Year change
- up 18.7%
- Ave. Rental Price
- £1,304pcm
- 10 Year change
- up 44.2%
- Ave. £ per ft²
- £299/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Propertiesin MK40 2BE
- 39 Spenser Road
Unknown
- 43 Spenser Road
4 Bed Period House
- 45 Spenser Road
Unknown
- 47 Spenser Road
Building  |  4 Flats
- 49 Spenser Road
Unknown
Sales Market Trends
The last sale in MK40 2BE sold for £350,000 on 12th September 2025. Since then prices are up an average of 2.5%.
The current average value in the postcode is £278,101.
The MK40 2BE Sales Market has increased by 18.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £278,101 |
| June 2025 | 1.6% | £275,887 |
| June 2024 | 0.4% | £271,459 |
| June 2023 | -1.6% | £270,338 |
| June 2022 | 9.2% | £274,618 |
| June 2021 | 3.5% | £251,434 |
| June 2020 | 0.5% | £242,935 |
| June 2019 | -3% | £241,648 |
| June 2018 | 0.9% | £249,115 |
| June 2017 | 5.4% | £246,803 |
| June 2016 | 13.1% | £234,253 |
| June 2015 | 6.5% | £207,115 |
| June 2014 | 8.9% | £194,557 |
| June 2013 | 1.7% | £178,692 |
| June 2012 | -0.6% | £175,686 |
| June 2011 | 0.2% | £176,728 |
| June 2010 | 3.6% | £176,399 |
| June 2009 | -14.7% | £170,273 |
| June 2008 | -0.5% | £199,562 |
| June 2007 | 0% | £200,543 |
Rental Market Trends
The current average rental value in the postcode is £1,304.
The MK40 2BE Rental Market has increased by 44.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4% | £1,304pcm |
| June 2025 | 4.5% | £1,254pcm |
| June 2024 | 6.9% | £1,199pcm |
| June 2023 | 7.3% | £1,122pcm |
| June 2022 | 6.7% | £1,045pcm |
| June 2021 | 6.8% | £979pcm |
| June 2020 | 0.8% | £917pcm |
| June 2019 | -0.1% | £910pcm |
| June 2018 | -2.3% | £911pcm |
| June 2017 | 3.1% | £933pcm |
| June 2016 | 9.5% | £905pcm |
| June 2015 | 7.1% | £826pcm |
| June 2014 | 3.9% | £772pcm |
| June 2013 | 1.7% | £743pcm |
| June 2012 | 1% | £730pcm |
| June 2011 | 0.7% | £723pcm |
| June 2010 | -1% | £718pcm |
| June 2009 | -6.5% | £725pcm |
| June 2008 | 2.7% | £775pcm |
| June 2007 | 0% | £755pcm |
Sales History
The last sale was on 12th September 2025 for £350,000 and since then the market in the area has increased by 2.5%. The postcode has had a total of 34 sales since 1995.
MK40 2BE has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£350,000 | 1 Bed FlatFlat 1, 47, Spenser Road, Bedford, MK40 2BEFlat 1, 47, Spenser Road, Bedford, MK40 2BE
- Sold Jun 2023£440,000 | 4 Bed House61, Spenser Road, Bedford, MK40 2BE61, Spenser Road, Bedford, MK40 2BE
- Sold Sep 2021£295,000 | 3 Bed House79, Spenser Road, Bedford, MK40 2BE79, Spenser Road, Bedford, MK40 2BE
- Sold Feb 2021£260,000 | 4 Bed House75, Spenser Road, Bedford, MK40 2BE75, Spenser Road, Bedford, MK40 2BE
- Sold Nov 2020£338,000 | 3 Bed House87, Spenser Road, Bedford, MK40 2BE87, Spenser Road, Bedford, MK40 2BE
Nearby Postcodes
MK40 2BE is the 710th largest and the 505th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2BB, Spenser Road, Bedford, MK40MK40 2BB35 Addresses|36 m away
- MK40 2AP, Chaucer Road, Bedford, MK40MK40 2AP89 Addresses|45 m away
- MK40 2AL, Chaucer Road, Bedford, MK40MK40 2AL65 Addresses|79 m away
- MK40 2BQ, Sidney Road, Bedford, MK40MK40 2BQ33 Addresses|83 m away
- MK40 2SU, Sidney Road, Bedford, MK40MK40 2SU4 Addresses|92 m away
Property Types
- 8 period houses built between 1800 and 1911
- 11 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 5 modern flats built after 1980
- 3 mid-century houses built between 1936 and 1979
- 13 other addresses of unknown type
- period house (8)
- period flat (11)
- modern house (1)
- modern flat (5)
- mid-century house (3)
- Unknown (13)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 28 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (4)
- C (7)
- G (0)
- D (15)
- No EPC (13)
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 School500 m away
- Great Ouse Primary Academy600 m away
- Priory Primary School700 m away
- Biddenham International School and Sports College1.1 km away
- Bedford Free School1.6 km away
- Castle Newnham School2.2 km away
More reading links
Public Transport Nearby
The closest station to MK40 2BE is Bedford station, which is 700 metres away.
- Bedford|700 m away
- Bedford St Johns|1.8 km away
- Kempston Hardwick|5.7 km away
- Stewartby|8.5 km away
