Park Avenue - MK40 2LP
Key Postcode Insights
MK40 2LP is a residential postcode situated on Park Avenue, Bedford, MK40 with 9 addresses.
It ranks as the 210th largest of the 835 postcodes in the MK40 area.
The postcode contains a total of 9 properties: 1 house and 8 other properties.
- Ave. Sale Price
- £479,959
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,819pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
MK40 2LP is a residential postcode situated on Park Avenue, Bedford, MK40 with 9 addresses.
It ranks as the 210th largest of the 835 postcodes in the MK40 area.
The postcode contains a total of 9 properties: 1 house and 8 other properties.
- Ave. Sale Price
- £479,959
- 10 Year change
- up 22.5%
- Ave. Rental Price
- £1,819pcm
- 10 Year change
- up 40.5%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Properties in MK40 2LP
- The Coach House
3 Bed Modern House
- 23 Park Avenue
House
- 24 Park Avenue
5 Units
- 25 Park Avenue
Building | 2 Flats
Sales Market Trends
The last sale in MK40 2LP sold for £262,500 on 15th September 2022. Since then prices are down an average of 1.3%.
The current average value in the postcode is £479,959.
The MK40 2LP Sales Market has increased by 22.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £479,959 |
| June 2025 | 1.5% | £484,594 |
| June 2024 | -0.4% | £477,305 |
| June 2023 | 0.2% | £479,189 |
| June 2022 | 8% | £478,175 |
| June 2021 | 4.5% | £442,819 |
| June 2020 | 0.8% | £423,683 |
| June 2019 | -0.7% | £420,494 |
| June 2018 | 2% | £423,325 |
| June 2017 | 5.9% | £415,056 |
| June 2016 | 10.7% | £391,843 |
| June 2015 | 8.4% | £353,964 |
| June 2014 | 8.5% | £326,575 |
| June 2013 | 0.8% | £300,856 |
| June 2012 | -0.7% | £298,419 |
| June 2011 | -0.2% | £300,639 |
| June 2010 | 7.1% | £301,294 |
| June 2009 | -12.1% | £281,274 |
| June 2008 | -1.8% | £320,100 |
| June 2007 | 0% | £325,883 |
Rental Market Trends
The current average rental value in the postcode is £1,819.
The MK40 2LP Rental Market has increased by 40.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,819pcm |
| June 2025 | 3.4% | £1,778pcm |
| June 2024 | 7% | £1,720pcm |
| June 2023 | 7.9% | £1,607pcm |
| June 2022 | 5.8% | £1,490pcm |
| June 2021 | 6.6% | £1,408pcm |
| June 2020 | 1.2% | £1,320pcm |
| June 2019 | 0.3% | £1,305pcm |
| June 2018 | -2.1% | £1,301pcm |
| June 2017 | 2.7% | £1,329pcm |
| June 2016 | 8.9% | £1,295pcm |
| June 2015 | 6.4% | £1,189pcm |
| June 2014 | 3% | £1,118pcm |
| June 2013 | 1.9% | £1,085pcm |
| June 2012 | 1.4% | £1,065pcm |
| June 2011 | 1.6% | £1,051pcm |
| June 2010 | 1.1% | £1,035pcm |
| June 2009 | -6.4% | £1,023pcm |
| June 2008 | 2.3% | £1,093pcm |
| June 2007 | 0% | £1,069pcm |
Sales History
The last recorded sale was on 15th September 2022 for £262,500 and since then the market in the area has decreased by 1.3%.
MK40 2LP has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2022£262,500 | 2 Bed FlatFlat 2, 24, Park Avenue, Bedford, MK40 2LPFlat 2, 24, Park Avenue, Bedford, MK40 2LP
- Sold Oct 2005£145,000 | 2 Bed FlatFlat 4, 24, Park Avenue, Bedford, MK40 2LPFlat 4, 24, Park Avenue, Bedford, MK40 2LP
- Sold Jan 2005£552,500 | 6 Bed House23, Park Avenue, Bedford, MK40 2LP23, Park Avenue, Bedford, MK40 2LP
Nearby Postcodes
MK40 2LP is the 210th largest and the 534th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LW, St. Andrews Road, Bedford, MK40MK40 2LW14 Addresses|85 m away
- MK40 2LA, Pemberley Avenue, Bedford, MK40MK40 2LA4 Addresses|95 m away
- MK40 2LN, Hale Lodge, Bedford, MK40MK40 2LN12 Addresses|111 m away
- MK40 2LB, Park Avenue, Bedford, MK40MK40 2LB9 Addresses|114 m away
- MK40 2LR, Park Avenue, Bedford, MK40MK40 2LR15 Addresses|137 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (4)
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
- Castle Newnham School900 m away
- St John Rigby Catholic Primary School1.0 km away
- Livingstone Primary School1.0 km away
- Castle Newnham School700 m away
- Goldington Academy1.3 km away
- Bedford Free School1.6 km away
More reading links
Public Transport Nearby
The closest station to MK40 2LP is Bedford station, which is 1.6 kilometres away.
- Bedford|1.6 km away
- Bedford St Johns|1.9 km away
- Kempston Hardwick|6.7 km away
- Stewartby|9.5 km away