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MK40 2JR
Shakespeare Road, Bedford, East of England
MK40 2JR

MK40 2JRHouse Prices / East of England, Bedford, Shakespeare Road

Last updated May 2026

Key Postcode Insights

MK40 2JR is a residential postcode situated on Shakespeare Road, Bedford, MK40 with 26 addresses.

It ranks as the 556th largest and 45th most expensive of the 837 postcodes in the MK40 area. The dominant property type is a modern flat built after 1980.

The postcode contains a total of 26 properties: 26 flats.

26
Properties
  • Flats

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House Pricesin MK40 2JR

Sale prices range from £107,888 for 1 bedroom leasehold flats (258 ft2) to £182,169 for 2 bedroom leasehold flats (796 ft2) .

Monthly rental prices range from £621 pcm for 1 bed flats to £960 pcm for 2 bed flats.

The gross rental yield is between 6.3% and 7.0%.

The average value per square foot is £323.

Average Sale Value
£142,823
Average Rental Value
£809 pcm
Average Rental Yield
6.8% /year
Average Value Per Sqft
£323 /ft2
Prices last updated 1st May 2026
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Sales Market Trendsin MK40 2JR

The last sale in MK40 2JR sold for £125,000 on 31st March 2025. Since then prices are up an average of 3.3%.

The current average value in the postcode is £142,823.
The MK40 2JR Sales Market has increased by 16.2% over the last 10 years.

PeriodYear on YearAverage Price
April 20262.4%£142,823
April 20251.6%£139,408
April 20240.3%£137,269
April 2023-1.2%£136,814
April 20226.4%£138,447
April 20212.7%£130,097
April 20200.1%£126,703
April 2019-3.3%£126,637
April 20180%£131,016
April 20176.6%£131,075
April 201611.4%£122,915
April 20157.9%£110,310
April 20148%£102,192
April 20130.5%£94,582
April 2012-2.5%£94,090
April 20111.1%£96,483
April 20101.2%£95,471
April 2009-16.4%£94,381
April 20083.5%£112,897
April 20070%£109,081
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Rental Market Trendsin MK40 2JR

The current average rental value in the postcode is £809.
The MK40 2JR Rental Market has increased by 34.5% over the last 10 years.

PeriodYear on YearAverage Price
April 20262.7%£809pcm
April 20254.4%£787pcm
April 20247.3%£754pcm
April 20237.2%£703pcm
April 20223.5%£656pcm
April 20216.1%£634pcm
April 2020-0.1%£597pcm
April 2019-0.3%£598pcm
April 2018-3.5%£600pcm
April 20173.3%£621pcm
April 201610.2%£601pcm
April 20156.3%£546pcm
April 20143%£514pcm
April 20130.6%£499pcm
April 20120.2%£496pcm
April 20110.6%£495pcm
April 2010-3.6%£492pcm
April 2009-5.7%£510pcm
April 20084.4%£541pcm
April 20070%£518pcm
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Explore Buildingsin MK40 2JR, Shakespeare Road, Bedford, MK40

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Sales History
in MK40 2JR

The last sale was on 31st March 2025 for £125,000 and since then the market in the area has increased by 3.3%. The postcode has had a total of 61 sales since 1995.

MK40 2JR has seen 3 sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto MK40 2JR

MK40 2JR is the 556th largest and the 45th most expensive postcode out of the 837 postcodes in the MK40 area.

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Property Typesin MK40 2JR

  • 26 modern flats built after 1980
  • modern flat (26)
Energy Efficiency

Energy Efficiencyof properties in MK40 2JR

  • Energy Performance Certificate (EPC) surveys conducted for 19 properties.
  • The dominant rating is C.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (15)
  • G (0)
  • D (4)
  • No EPC (7)
properties list title title

Top 3 Most Expensive Saleson Shakespeare Road

Schools Nearby

Schools Nearbyto MK40 2JR

The nearest primary school to MK40 2JR is Edith Cavell Primary School which is 389 metres away.
  • 389
    m
    Edith Cavell Primary School
  • 445
    m
    Livingstone Primary School
  • 649
    m
    Great Ouse Primary Academy
The nearest secondary school is Biddenham International School and Sports College which is 1.4 kilometres away.
  • 1.4
    km
    Biddenham International School and Sports College
  • 1.8
    km
    Bedford Free School
  • 2.0
    km
    Castle Newnham School
More reading links
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto MK40 2JR

The closest station to MK40 2JR is Bedford station which is 1.0 kilometres away.

  • 1.0
    km
    Bedford
  • 2.0
    km
    Bedford St Johns
  • 6.1
    km
    Kempston Hardwick
  • 8.9
    km
    Stewartby
Source: National Rail


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