MK40 2JU is a residential postcode situated on Bromham Road, Bedford, MK40 with 18 addresses.
It ranks as the 433rd largest and 149th 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 18 properties: 18 flats.
MK40 2JU is a residential postcode situated on Bromham Road, Bedford, MK40 with 18 addresses.
It ranks as the 433rd largest and 149th 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 18 properties: 18 flats.
Sale prices range from £139,737 for 1 bedroom leasehold flats (409 ft2) to £177,053 for 2 bedroom leasehold flats (678 ft2) .
Monthly rental prices range from £771 pcm for 1 bed flats to £934 pcm for 2 bed flats.
The gross rental yield is between 6.3% and 6.7%.
The average value per square foot is £299.
The last sale in MK40 2JU sold for £176,000 on 11th October 2024. Since then prices are up an average of 3.1%.
The current average value in the postcode is £159,488.
The MK40 2JU Sales Market has increased by 15.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.2% | £159,488 |
| April 2025 | 1.5% | £156,014 |
| April 2024 | 0.4% | £153,782 |
| April 2023 | -1.2% | £153,210 |
| April 2022 | 6.3% | £155,095 |
| April 2021 | 2.6% | £145,894 |
| April 2020 | 0.1% | £142,154 |
| April 2019 | -3.4% | £142,012 |
| April 2018 | 0% | £146,969 |
| April 2017 | 6.6% | £147,021 |
| April 2016 | 11.4% | £137,931 |
| April 2015 | 7.9% | £123,787 |
| April 2014 | 7.9% | £114,764 |
| April 2013 | 0.6% | £106,329 |
| April 2012 | -2.5% | £105,718 |
| April 2011 | 1.2% | £108,395 |
| April 2010 | 1.3% | £107,132 |
| April 2009 | -16.6% | £105,795 |
| April 2008 | 3.3% | £126,883 |
| April 2007 | 0% | £122,821 |
The current average rental value in the postcode is £868.
The MK40 2JU Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £868pcm |
| April 2025 | 4.3% | £847pcm |
| April 2024 | 7.3% | £812pcm |
| April 2023 | 7.2% | £757pcm |
| April 2022 | 3.4% | £706pcm |
| April 2021 | 6.1% | £683pcm |
| April 2020 | 0% | £644pcm |
| April 2019 | -0.3% | £644pcm |
| April 2018 | -3.5% | £646pcm |
| April 2017 | 3.3% | £670pcm |
| April 2016 | 10.2% | £648pcm |
| April 2015 | 6.2% | £589pcm |
| April 2014 | 2.8% | £554pcm |
| April 2013 | 0.6% | £539pcm |
| April 2012 | 0.3% | £535pcm |
| April 2011 | 0.7% | £534pcm |
| April 2010 | -3.4% | £530pcm |
| April 2009 | -5.9% | £549pcm |
| April 2008 | 4.2% | £584pcm |
| April 2007 | 0% | £560pcm |
The last sale was on 11th October 2024 for £176,000 and since then the market in the area has increased by 3.1%. The postcode has had a total of 37 sales since 1995.
MK40 2JU has seen 1 sale in the last three years and no sales in the last twelve months.
MK40 2JU is the 433rd largest and the 149th most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 2JU is Bedford station which is 400 metres away.
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