Pemberley Avenue - MK40 2LE
Key Postcode Insights
MK40 2LE is a residential postcode situated on Pemberley Avenue, Bedford, MK40 with 14 addresses.
It ranks as the 333rd largest and 835th most expensive of the 835 postcodes in the MK40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 14 properties: 8 houses and 6 other properties.
- Ave. Sale Price
- £1,683,352
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £5,539pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £471/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Key Postcode Insights
MK40 2LE is a residential postcode situated on Pemberley Avenue, Bedford, MK40 with 14 addresses.
It ranks as the 333rd largest and 835th most expensive of the 835 postcodes in the MK40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 14 properties: 8 houses and 6 other properties.
- Ave. Sale Price
- £1,683,352
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £5,539pcm
- 10 Year change
- up 49.7%
- Ave. £ per ft²
- £471/ft²
- Ave. Gross Yield
- 3.9%/year/yr
Explore Properties in MK40 2LE
- 11 Pemberley Avenue
5 Bed Period House
- 13 Pemberley Avenue
5 Bed Period House
- 19 Pemberley Avenue
House
- 21 Pemberley Avenue
5 Bed Period House
- 23 Pemberley Avenue
House
Sales Market Trends
The last sale in MK40 2LE sold for £1,695,000 on 25th August 2023. Since then prices are up an average of 0.4%.
The current average value in the postcode is £1,683,352.
The MK40 2LE Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.5% | £1,683,352 |
| June 2025 | 1.4% | £1,691,787 |
| June 2024 | -0.7% | £1,668,036 |
| June 2023 | 1.6% | £1,680,382 |
| June 2022 | 9.6% | £1,653,453 |
| June 2021 | 7.1% | £1,508,811 |
| June 2020 | 0.4% | £1,409,190 |
| June 2019 | -0.8% | £1,403,201 |
| June 2018 | 2.8% | £1,414,777 |
| June 2017 | 6.7% | £1,376,302 |
| June 2016 | 10.8% | £1,289,308 |
| June 2015 | 8.3% | £1,163,653 |
| June 2014 | 9% | £1,074,253 |
| June 2013 | 1.6% | £985,684 |
| June 2012 | 0.4% | £970,189 |
| June 2011 | 0.7% | £966,380 |
| June 2010 | 9.4% | £960,115 |
| June 2009 | -9.4% | £877,742 |
| June 2008 | -1.7% | £969,077 |
| June 2007 | 0% | £985,348 |
Rental Market Trends
The current average rental value in the postcode is £5,539.
The MK40 2LE Rental Market has increased by 49.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £5,539pcm |
| June 2025 | 3.3% | £5,390pcm |
| June 2024 | 6.6% | £5,219pcm |
| June 2023 | 9.4% | £4,894pcm |
| June 2022 | 7.4% | £4,473pcm |
| June 2021 | 9.2% | £4,165pcm |
| June 2020 | 0.9% | £3,814pcm |
| June 2019 | 0.2% | £3,782pcm |
| June 2018 | -1.4% | £3,775pcm |
| June 2017 | 3.5% | £3,827pcm |
| June 2016 | 9% | £3,700pcm |
| June 2015 | 6.3% | £3,395pcm |
| June 2014 | 3.4% | £3,194pcm |
| June 2013 | 2.7% | £3,088pcm |
| June 2012 | 2.5% | £3,007pcm |
| June 2011 | 2.4% | £2,933pcm |
| June 2010 | 3.3% | £2,863pcm |
| June 2009 | -3.5% | £2,773pcm |
| June 2008 | 2.4% | £2,874pcm |
| June 2007 | 0% | £2,806pcm |
Sales History
The last recorded sale was on 25th August 2023 for £1,695,000 and since then the market in the area has increased by 0.4%.
MK40 2LE has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2023£1,695,000 | 6 Bed House27, Pemberley Avenue, Bedford, MK40 2LE27, Pemberley Avenue, Bedford, MK40 2LE
- Sold Oct 2022£1,700,000 | 6 Bed House31, Pemberley Avenue, Bedford, MK40 2LE31, Pemberley Avenue, Bedford, MK40 2LE
- Sold Dec 2018£875,000 | 5 Bed House21, Pemberley Avenue, Bedford, MK40 2LE21, Pemberley Avenue, Bedford, MK40 2LE
Nearby Postcodes
MK40 2LE is the 333rd largest and the 835th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LA, Pemberley Avenue, Bedford, MK40MK40 2LA4 Addresses|95 m away
- MK40 2LJ, St. Andrews Road, Bedford, MK40MK40 2LJ82 Addresses|110 m away
- MK40 2LN, Hale Lodge, Bedford, MK40MK40 2LN12 Addresses|116 m away
- MK40 2LW, St. Andrews Road, Bedford, MK40MK40 2LW14 Addresses|128 m away
- MK40 2LL, St. Andrews Road, Bedford, MK40MK40 2LL62 Addresses|132 m away
Property Types
- 7 period houses built between 1800 and 1911
- 1 house of an unknown age
- 6 other addresses of unknown type
- period house (7)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (4)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Oct 2022£1,700,000 | 6 Bed House31, Pemberley Avenue, Bedford, MK40 2LE31, Pemberley Avenue, Bedford, MK40 2LE
- Sold Aug 2023£1,695,000 | 6 Bed House27, Pemberley Avenue, Bedford, MK40 2LE27, Pemberley Avenue, Bedford, MK40 2LE
- Sold Oct 2017£1,580,000 | 6 Bed House29, Pemberley Avenue, Bedford, MK40 2LE29, Pemberley Avenue, Bedford, MK40 2LE
Schools Nearby
- Castle Newnham School800 m away
- St John Rigby Catholic Primary School1.0 km away
- Livingstone Primary School1.0 km away
- Castle Newnham School700 m away
- Goldington Academy1.2 km away
- Bedford Free School1.4 km away
More reading links
Public Transport Nearby
The closest station to MK40 2LE 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