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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
MK40 2LRHouse Prices / East of England, Bedford, Park Avenue
Last updated May 2026
Key Postcode Insights
MK40 2LR is a residential postcode situated on Park Avenue, Bedford, MK40 with 15 addresses.
It ranks as the 367th largest and 781st most expensive of the 837 postcodes in the MK40 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 6 houses and 9 flats.
15
Properties
- Houses
- Flats
Key Postcode Insights
MK40 2LR is a residential postcode situated on Park Avenue, Bedford, MK40 with 15 addresses.
It ranks as the 367th largest and 781st most expensive of the 837 postcodes in the MK40 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 15 properties: 6 houses and 9 flats.
15
Properties
- Houses
- Flats
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House Pricesin MK40 2LR
Sale prices range from £267,160 for 1 bedroom leasehold flats (376 ft2) to £1,289,969 for 6 bedroom freehold houses with a garden (4,004 ft2) .
Monthly rental prices range from £1,270 pcm for 1 bed flats to £4,315 pcm for 6 bed houses.
The gross rental yield is between 4.0% and 5.7%.
The average value per square foot is £484.
Average Sale Value
£727,215
Average Rental Value
£2,772 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£484 /ft2
Sales Market Trendsin MK40 2LR
The last sale in MK40 2LR sold for £690,000 on 12th June 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £727,215.
The MK40 2LR Sales Market has increased by 23.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £727,215 |
| April 2025 | 1.2% | £723,108 |
| April 2024 | -0.8% | £714,766 |
| April 2023 | 1.7% | £720,747 |
| April 2022 | 7% | £708,952 |
| April 2021 | 3.8% | £662,743 |
| April 2020 | 0% | £638,638 |
| April 2019 | -0.7% | £638,695 |
| April 2018 | 1.8% | £643,137 |
| April 2017 | 7.3% | £632,062 |
| April 2016 | 10.5% | £588,909 |
| April 2015 | 9.3% | £533,131 |
| April 2014 | 8.6% | £487,577 |
| April 2013 | 0.6% | £449,104 |
| April 2012 | -1.1% | £446,325 |
| April 2011 | -0.6% | £451,517 |
| April 2010 | 4.7% | £454,136 |
| April 2009 | -14.8% | £433,916 |
| April 2008 | 2.3% | £509,226 |
| April 2007 | 0% | £497,934 |
Rental Market Trendsin MK40 2LR
The current average rental value in the postcode is £2,772.
The MK40 2LR Rental Market has increased by 35.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £2,772pcm |
| April 2025 | 3.6% | £2,748pcm |
| April 2024 | 7.6% | £2,651pcm |
| April 2023 | 7.7% | £2,464pcm |
| April 2022 | 4.1% | £2,287pcm |
| April 2021 | 6.9% | £2,198pcm |
| April 2020 | -0.2% | £2,057pcm |
| April 2019 | 0.1% | £2,060pcm |
| April 2018 | -2.7% | £2,057pcm |
| April 2017 | 3.5% | £2,115pcm |
| April 2016 | 9.7% | £2,043pcm |
| April 2015 | 5.9% | £1,863pcm |
| April 2014 | 3% | £1,759pcm |
| April 2013 | 2% | £1,708pcm |
| April 2012 | 1.4% | £1,675pcm |
| April 2011 | 1.4% | £1,651pcm |
| April 2010 | -2.5% | £1,629pcm |
| April 2009 | -6% | £1,670pcm |
| April 2008 | 4.1% | £1,777pcm |
| April 2007 | 0% | £1,707pcm |
Properties and Buildingsin MK40 2LR, Park Avenue, Bedford, MK40
- 26, Park Avenue, Bedford, MK40 2LR5 bed period house
- 27, Park Avenue, Bedford, MK40 2LR5 bed modern house
- 28, Park Avenue, Bedford, MK40 building 4 units
- 30, Park Avenue, Bedford, MK40 2LR5 bed mid-century house
- 31, Park Avenue, Bedford, MK40Building 5 units
- 35, Park Avenue, Bedford, MK40 2LR5 bed house
- 36, Park Avenue, Bedford, MK40 2LR
- 37, Park Avenue, Bedford, MK40 2LR5 bed period house
Sales Historyin MK40 2LR
The last sale was on 12th June 2025 for £690,000 and since then the market in the area has decreased by 1.0%. The postcode has had a total of 18 sales since 1995.
MK40 2LR has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Jun 2025£690,000 | 3 Bed Flat28, Park AvenueFlat 2, 28, Park Avenue, Bedford, MK40 2LR
Sold May 2024£1,050,000 | 6 Bed HousePark Avenue30, Park Avenue, Bedford, MK40 2LR
Sold Sep 2019£590,000 | 3 Bed Flat28, Park AvenueFlat 1, 28, Park Avenue, Bedford, MK40 2LR
Sold Jul 2018£567,500 | 3 Bed Flat28, Park AvenueFlat 2, 28, Park Avenue, Bedford, MK40 2LR
Sold Aug 2016£530,000 | 3 Bed Flat28, Park AvenueFlat 3, 28, Park Avenue, Bedford, MK40 2LR
Sold Sep 2015£992,000 | 6 Bed HousePark Avenue26, Park Avenue, Bedford, MK40 2LR
Sold Jul 2015£510,000 | 3 Bed Flat28, Park AvenueFlat 1, 28, Park Avenue, Bedford, MK40 2LR
Sold Jul 2014£487,500 | 3 Bed Flat28, Park AvenueFlat 4, 28, Park Avenue, Bedford, MK40 2LR
Sold Nov 2011£425,000 | 3 Bed Flat28, Park AvenueFlat 2, 28, Park Avenue, Bedford, MK40 2LR
Sold Nov 2009£900,000 | 6 Bed HousePark Avenue35, Park Avenue, Bedford, MK40 2LR
Sold Sep 2006£390,000 | 3 Bed Flat28, Park AvenueFlat 3, 28, Park Avenue, Bedford, MK40 2LR
Sold Jun 2004£300,000 | 3 Bed Flat28, Park AvenueFlat 2, 28, Park Avenue, Bedford, MK40 2LR
Sold Nov 2003£287,500 | 3 Bed Flat28, Park AvenueFlat 1, 28, Park Avenue, Bedford, MK40 2LR
Sold Dec 2000£498,000 | 6 Bed HousePark Avenue35, Park Avenue, Bedford, MK40 2LR
Sold Apr 2000£440,000 | 6 Bed HousePark Avenue37, Park Avenue, Bedford, MK40 2LR
Sold Jan 1999£195,000 | 3 Bed Flat28, Park AvenueFlat 3, 28, Park Avenue, Bedford, MK40 2LR
Sold May 1998£185,000 | 3 Bed Flat28, Park AvenueFlat 3, 28, Park Avenue, Bedford, MK40 2LR
Sold May 1998£230,000 | 6 Bed HousePark Avenue36, Park Avenue, Bedford, MK40 2LR
Nearby Postcodesto MK40 2LR
MK40 2LR is the 367th largest and the 781st most expensive postcode out of the 837 postcodes in the MK40 area.
- 69 mMK40 2LS, St. Georges Road, Bedford, MK40MK40 2LS30 Addresses
- 107 mMK40 2LW, St. Andrews Road, Bedford, MK40MK40 2LW14 Addresses
- 129 mMK40 2LN, Hale Lodge, Bedford, MK40MK40 2LN12 Addresses
- 137 mMK40 2LP, Park Avenue, Bedford, MK40MK40 2LP9 Addresses
- 142 mMK40 2NA, St. Augustines Road, Bedford, MK40MK40 2NA6 Addresses
- 145 mMK40 2LU, St. Michaels Road, Bedford, MK40MK40 2LU48 Addresses
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Property Typesin MK40 2LR
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 10 other addresses of unknown type
- period house (2)
- modern house (1)
- mid-century house (1)
- house (1)
- Unknown (10)
Energy Efficiencyof properties in MK40 2LR
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (5)
- No EPC (7)
Schools Nearbyto MK40 2LR
The nearest primary school to MK40 2LR is St John Rigby Catholic Primary School which is 899 metres away.
- 899mSt John Rigby Catholic Primary School
- 921mCastle Newnham School
- 1.0kmBrickhill Primary School
The nearest secondary school is Castle Newnham School which is 586 metres away.
- 586mCastle Newnham School
- 1.2kmGoldington Academy
- 1.7kmSt Thomas More Catholic School
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Public Transport Nearbyto MK40 2LR
The closest station to MK40 2LR is Bedford station which is 1.8 kilometres away.
- 1.8kmBedford
- 2.0kmBedford St Johns
- 6.8kmKempston Hardwick
- 9.6kmStewartby
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