St. Michaels Road - MK40 2LT
Key Postcode Insights
MK40 2LT is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 54 addresses.
It ranks as the 776th largest and 113th 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 54 properties: 1 house, 50 flats and 3 other properties.
- Ave. Sale Price
- £185,714
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,000pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
MK40 2LT is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 54 addresses.
It ranks as the 776th largest and 113th 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 54 properties: 1 house, 50 flats and 3 other properties.
- Ave. Sale Price
- £185,714
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,000pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £310/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Properties in MK40 2LT
- 4 St. Michaels Road
Modern Building | 6 Units
- 6 St. Michaels Road
Period Building | 5 Units
- 8 St. Michaels Road
Period Building | 5 Units
- 10 St. Michaels Road
Period Building | 5 Units
- 12 St. Michaels Road
Building  |  4 Flats
Sales Market Trends
The last sale in MK40 2LT sold for £128,000 on 19th December 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £185,714.
The MK40 2LT Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £185,714 |
| June 2025 | 1.8% | £185,773 |
| June 2024 | -0.4% | £182,420 |
| June 2023 | -0.5% | £183,117 |
| June 2022 | 7.5% | £183,954 |
| June 2021 | 3.9% | £171,048 |
| June 2020 | 0.5% | £164,637 |
| June 2019 | -0.8% | £163,743 |
| June 2018 | 1.6% | £165,073 |
| June 2017 | 5.8% | £162,496 |
| June 2016 | 10.7% | £153,649 |
| June 2015 | 8.5% | £138,777 |
| June 2014 | 8.7% | £127,904 |
| June 2013 | 0.3% | £117,654 |
| June 2012 | -1.4% | £117,319 |
| June 2011 | -0.6% | £119,011 |
| June 2010 | 5.5% | £119,738 |
| June 2009 | -12.6% | £113,481 |
| June 2008 | -1.7% | £129,829 |
| June 2007 | 0% | £132,062 |
Rental Market Trends
The current average rental value in the postcode is £1,000.
The MK40 2LT Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,000pcm |
| June 2025 | 3.7% | £968pcm |
| June 2024 | 7% | £934pcm |
| June 2023 | 7.2% | £872pcm |
| June 2022 | 5.4% | £814pcm |
| June 2021 | 6% | £772pcm |
| June 2020 | 1% | £729pcm |
| June 2019 | 0.2% | £722pcm |
| June 2018 | -2.5% | £720pcm |
| June 2017 | 2.5% | £739pcm |
| June 2016 | 8.9% | £721pcm |
| June 2015 | 6.5% | £662pcm |
| June 2014 | 3.2% | £622pcm |
| June 2013 | 1.4% | £603pcm |
| June 2012 | 0.7% | £595pcm |
| June 2011 | 1.2% | £591pcm |
| June 2010 | -0.4% | £584pcm |
| June 2009 | -6.9% | £586pcm |
| June 2008 | 2.4% | £630pcm |
| June 2007 | 0% | £615pcm |
Sales History
The last recorded sale was on 19th December 2025 for £128,000 and since then the market in the area has decreased by 0.2%.
MK40 2LT has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Dec 2025£128,000 | 2 Bed FlatFlat 2, 8, St. Michaels Road, Bedford, MK40 2LTFlat 2, 8, St. Michaels Road, Bedford, MK40 2LT
- Sold Apr 2023£420,000 | 1 Bed Flat32B, St. Michaels Road, Bedford, MK40 2LT32B, St. Michaels Road, Bedford, MK40 2LT
- Sold Dec 2022£175,000 | 2 Bed FlatFlat 2, 10, St. Michaels Road, Bedford, MK40 2LTFlat 2, 10, St. Michaels Road, Bedford, MK40 2LT
Nearby Postcodes
MK40 2LT is the 776th largest and the 113th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LY, St. Michaels Road, Bedford, MK40MK40 2LY31 Addresses|43 m away
- MK40 2LX, St. Michaels Road, Bedford, MK40MK40 2LX6 Addresses|49 m away
- MK40 2HR, Kimbolton Road, Bedford, MK40MK40 2HR3 Addresses|59 m away
- MK40 2PS, Kimbolton Road, Bedford, MK40MK40 2PS9 Addresses|78 m away
- MK40 2LL, St. Andrews Road, Bedford, MK40MK40 2LL62 Addresses|82 m away
Property Types
- 1 period house built between 1800 and 1911
- 44 period flats built between 1800 and 1911
- 6 modern flats built after 1980
- 3 other addresses of unknown type
- period house (1)
- period flat (44)
- modern flat (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 50 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (22)
- G (1)
- D (24)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Nov 2020£775,000 | 6 Bed House33, St. Michaels Road, Bedford, MK40 2LZ33, St. Michaels Road, Bedford, MK40 2LZ
- Sold Sep 2018£685,000 | 5 Bed House35, St. Michaels Road, Bedford, MK40 2LZ35, St. Michaels Road, Bedford, MK40 2LZ
- Sold Nov 2025£650,000 | 5 Bed House42, St. Michaels Road, Bedford, MK40 2LU42, St. Michaels Road, Bedford, MK40 2LU
Schools Nearby
- Castle Newnham School600 m away
- St John Rigby Catholic Primary School800 m away
- Hazeldene School1.1 km away
- Castle Newnham School500 m away
- Goldington Academy1.0 km away
- Bedford Free School1.4 km away
More reading links
Public Transport Nearby
The closest station to MK40 2LT is Bedford station, which is 1.7 kilometres away.
- Bedford|1.7 km away
- Bedford St Johns|1.8 km away
- Kempston Hardwick|6.6 km away
- Stewartby|9.4 km away
