Park Avenue - MK40 2JY
Key Postcode Insights
MK40 2JY is a residential postcode situated on Park Avenue, Bedford, MK40 with 25 addresses.
It ranks as the 545th largest and 342nd 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 25 properties: 5 houses, 18 flats and 2 other properties.
- Ave. Sale Price
- £342,444
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,386pcm
- 10 Year change
- up 40.8%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
MK40 2JY is a residential postcode situated on Park Avenue, Bedford, MK40 with 25 addresses.
It ranks as the 545th largest and 342nd 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 25 properties: 5 houses, 18 flats and 2 other properties.
- Ave. Sale Price
- £342,444
- 10 Year change
- up 18.3%
- Ave. Rental Price
- £1,386pcm
- 10 Year change
- up 40.8%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Properties in MK40 2JY
- 3 Park Avenue
Period Building | 9 Units
- 4 Park Avenue
Period Building | 9 Units
- 5A Park Avenue
5 Bed Modern House
- 5 Park Avenue
4 Bed Period House
- 6 Park Avenue
House
Sales Market Trends
The last sale in MK40 2JY sold for £575,000 on 5th June 2023. Since then prices are down an average of 1.0%.
The current average value in the postcode is £342,444.
The MK40 2JY Sales Market has increased by 18.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.5% | £342,444 |
| July 2025 | 1.4% | £347,512 |
| July 2024 | -0.3% | £342,847 |
| July 2023 | -0.8% | £343,973 |
| July 2022 | 8.6% | £346,832 |
| July 2021 | 4.5% | £319,498 |
| July 2020 | 0.7% | £305,833 |
| July 2019 | -1.8% | £303,823 |
| July 2018 | 1.6% | £309,313 |
| July 2017 | 5.2% | £304,573 |
| July 2016 | 12.1% | £289,476 |
| July 2015 | 6.9% | £258,190 |
| July 2014 | 8.2% | £241,465 |
| July 2013 | 1.9% | £223,079 |
| July 2012 | -0.7% | £218,982 |
| July 2011 | 0% | £220,579 |
| July 2010 | 6.1% | £220,499 |
| July 2009 | -11.4% | £207,843 |
| July 2008 | -3.3% | £234,534 |
| July 2007 | 0% | £242,525 |
Rental Market Trends
The current average rental value in the postcode is £1,386.
The MK40 2JY Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 1.5% | £1,386pcm |
| July 2025 | 3.4% | £1,366pcm |
| July 2024 | 6.6% | £1,321pcm |
| July 2023 | 7.8% | £1,239pcm |
| July 2022 | 6.7% | £1,149pcm |
| July 2021 | 7.1% | £1,078pcm |
| July 2020 | 1.3% | £1,006pcm |
| July 2019 | 0.3% | £994pcm |
| July 2018 | -1.8% | £991pcm |
| July 2017 | 2.5% | £1,009pcm |
| July 2016 | 8.1% | £985pcm |
| July 2015 | 6.9% | £911pcm |
| July 2014 | 3.2% | £852pcm |
| July 2013 | 2% | £826pcm |
| July 2012 | 0.7% | £810pcm |
| July 2011 | 1.7% | £804pcm |
| July 2010 | 1.7% | £791pcm |
| July 2009 | -5.8% | £777pcm |
| July 2008 | 1.6% | £826pcm |
| July 2007 | 0% | £813pcm |
Sales History
The last recorded sale was on 5th June 2023 for £575,000 and since then the market in the area has decreased by 1.0%.
MK40 2JY has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jun 2023£575,000 | 4 Bed House5, Park Avenue, Bedford, MK40 2JY5, Park Avenue, Bedford, MK40 2JY
- Sold Oct 2022£650,000 | 4 Bed House7, Park Avenue, Bedford, MK40 2JY7, Park Avenue, Bedford, MK40 2JY
- Sold Oct 2018£885,000 | 5 Bed House10, Park Avenue, Bedford, MK40 2JY10, Park Avenue, Bedford, MK40 2JY
Nearby Postcodes
MK40 2JY is the 545th largest and the 342nd most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LG, Park Avenue, Bedford, MK40MK40 2LG4 Addresses|26 m away
- MK40 2JW, Park Avenue, Bedford, MK40MK40 2JW14 Addresses|34 m away
- MK40 2EU, Foster Hill Road, Bedford, MK40MK40 2EU30 Addresses|103 m away
- MK40 2EX, Foster Hill Road, Bedford, MK40MK40 2EX25 Addresses|126 m away
- MK40 2JZ, Park Avenue, Bedford, MK40MK40 2JZ1 Address|127 m away
Property Types
- 4 period houses built between 1800 and 1911
- 18 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 2 other addresses of unknown type
- period house (4)
- period flat (18)
- modern house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (1)
- C (3)
- G (2)
- D (6)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2022£1,050,000 | 6 Bed House41, Park Avenue, Bedford, MK40 2NF41, Park Avenue, Bedford, MK40 2NF
- Sold May 2024£1,050,000 | 6 Bed House30, Park Avenue, Bedford, MK40 2LR30, Park Avenue, Bedford, MK40 2LR
- Sold Sep 2015£992,000 | 6 Bed House26, Park Avenue, Bedford, MK40 2LR26, Park Avenue, Bedford, MK40 2LR
Schools Nearby
- Livingstone Primary School600 m away
- Edith Cavell Primary School700 m away
- Priory Primary School900 m away
- Castle Newnham School1.1 km away
- Bedford Free School1.3 km away
- Goldington Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to MK40 2JY is Bedford station, which is 1.2 kilometres away.
- Bedford|1.2 km away
- Bedford St Johns|1.7 km away
- Kempston Hardwick|6.3 km away
- Stewartby|9.1 km away
