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MK40 2LB
Home, House Prices, Park Avenue, Bedford, East of England
MK40 2LB

Park Avenue - MK40 2LB

Last updated Aug 2026

Key Postcode Insights

MK40 2LB is a residential postcode situated on Park Avenue, Bedford, MK40 with 9 addresses.

It ranks as the 209th largest of the 835 postcodes in the MK40 area.

The postcode contains a total of 9 properties: 3 houses and 6 other properties.

Ave. Sale Price
£623,026
10 Year change
up 20.2%
Ave. Rental Price
£2,156pcm
10 Year change
up 42.0%
Ave. £ per ft²
£360/ft²
Ave. Gross Yield
4.2%/year/yr
All figures are subject to T&Cs
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Sales Market Trends

The last sale in MK40 2LB sold for £650,000 on 2nd June 2023. Since then prices are up an average of 0.3%.

The current average value in the postcode is £623,026.
The MK40 2LB Sales Market has increased by 20.2% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-0.5%£623,026
June 20251%£625,930
June 2024-0.2%£619,528
June 2023-0.1%£620,504
June 20228.4%£621,379
June 20214.4%£572,971
June 20200.7%£548,571
June 2019-2%£544,929
June 20181.5%£555,940
June 20175.7%£547,647
June 201611.7%£518,291
June 20157.2%£463,897
June 20148.2%£432,666
June 20131.5%£399,775
June 2012-0.4%£393,867
June 20110.7%£395,369
June 20106.8%£392,682
June 2009-12.9%£367,844
June 2008-1.5%£422,188
June 20070%£428,817
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Rental Market Trends

The current average rental value in the postcode is £2,156.
The MK40 2LB Rental Market has increased by 42.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20262.8%£2,156pcm
June 20253.4%£2,097pcm
June 20246.8%£2,028pcm
June 20238.3%£1,899pcm
June 20226.1%£1,754pcm
June 20217.2%£1,654pcm
June 20200.9%£1,542pcm
June 20190.1%£1,528pcm
June 2018-2.2%£1,526pcm
June 20172.8%£1,561pcm
June 20168.9%£1,518pcm
June 20156.5%£1,393pcm
June 20143.2%£1,309pcm
June 20132%£1,269pcm
June 20121.4%£1,244pcm
June 20111.9%£1,227pcm
June 20101.5%£1,204pcm
June 2009-5.8%£1,186pcm
June 20082%£1,260pcm
June 20070%£1,235pcm
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Sales History

The last recorded sale was on 2nd June 2023 for £650,000 and since then the market in the area has increased by 0.3%.

MK40 2LB has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.

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Nearby Postcodes

MK40 2LB is the 209th largest and the 798th most expensive postcode out of the 835 postcodes in the MK40 area.

Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
  • The most common rating is D.
  • A (0)
  • E (2)
  • B (0)
  • F (0)
  • C (1)
  • G (0)
  • D (2)
  • No EPC (4)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to MK40 2LB is Livingstone Primary School, which is 800 metres away.
  • Livingstone Primary School
    800 m away
  • Edith Cavell Primary School
    900 m away
  • Castle Newnham School
    1.0 km away
The nearest secondary school is Castle Newnham School, which is 800 metres away.
  • Castle Newnham School
    800 m away
  • Goldington Academy
    1.4 km away
  • Bedford Free School
    1.5 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to MK40 2LB is Bedford station, which is 1.5 kilometres away.

  • Bedford
    |
    1.5 km away
  • Bedford St Johns
    |
    1.8 km away
  • Kempston Hardwick
    |
    6.5 km away
  • Stewartby
    |
    9.3 km away
Source: National Rail
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