MK40 2BJ is a residential postcode situated on Bromham Road, Bedford, MK40 with 34 addresses.
It ranks as the 666th largest and 68th most expensive of the 837 postcodes in the MK40 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 flats.
MK40 2BJ is a residential postcode situated on Bromham Road, Bedford, MK40 with 34 addresses.
It ranks as the 666th largest and 68th most expensive of the 837 postcodes in the MK40 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 34 properties: 34 flats.
Sale prices range from £136,076 for 1 bedroom leasehold flats (473 ft2) to £225,364 for 3 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £792 pcm for 1 bed flats to £1,091 pcm for 3 bed flats.
The gross rental yield is between 5.8% and 7.0%.
The average value per square foot is £316.
The last sale in MK40 2BJ sold for £6,377,099 on 7th March 2023. Since then prices are down an average of 0.0%.
The current average value in the postcode is £146,498.
The MK40 2BJ Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £146,498 |
| April 2025 | 1.1% | £144,689 |
| April 2024 | 0.5% | £143,077 |
| April 2023 | -1.4% | £142,324 |
| April 2022 | 6% | £144,286 |
| April 2021 | 2.5% | £136,181 |
| April 2020 | 0.3% | £132,915 |
| April 2019 | -3.2% | £132,527 |
| April 2018 | 0.1% | £136,922 |
| April 2017 | 6.5% | £136,850 |
| April 2016 | 11.2% | £128,538 |
| April 2015 | 7.8% | £115,613 |
| April 2014 | 7.7% | £107,280 |
| April 2013 | 0.7% | £99,610 |
| April 2012 | -2.3% | £98,878 |
| April 2011 | 1.4% | £101,219 |
| April 2010 | 1.4% | £99,814 |
| April 2009 | -16.9% | £98,392 |
| April 2008 | 2.9% | £118,420 |
| April 2007 | 0% | £115,087 |
The current average rental value in the postcode is £838.
The MK40 2BJ Rental Market has increased by 32.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.5% | £838pcm |
| April 2025 | 4% | £825pcm |
| April 2024 | 7.4% | £793pcm |
| April 2023 | 7% | £738pcm |
| April 2022 | 3% | £690pcm |
| April 2021 | 5.9% | £670pcm |
| April 2020 | 0.2% | £633pcm |
| April 2019 | -0.2% | £631pcm |
| April 2018 | -3.4% | £632pcm |
| April 2017 | 3.2% | £655pcm |
| April 2016 | 9.9% | £635pcm |
| April 2015 | 6.1% | £577pcm |
| April 2014 | 2.6% | £544pcm |
| April 2013 | 0.8% | £530pcm |
| April 2012 | 0.4% | £526pcm |
| April 2011 | 0.9% | £524pcm |
| April 2010 | -3.3% | £519pcm |
| April 2009 | -6.2% | £536pcm |
| April 2008 | 3.8% | £572pcm |
| April 2007 | 0% | £551pcm |
The last sale was on 7th March 2023 for £6,377,099 and since then the market in the area has remained stable. The postcode has had a total of 2 sales since 1995.
MK40 2BJ has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 2BJ is the 666th largest and the 68th most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 2BJ is Bedford station which is 400 metres away.
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