MK40 2LU

MK40 2LUHouse Prices / East of England, Bedford, St. Michaels Road

Last updated May 2026

Key Postcode Insights

MK40 2LU is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 48 addresses.

It ranks as the 755th largest and 132nd most expensive of the 837 postcodes in the MK40 area. The dominant property type is a period flat built between 1800 and 1911.

The postcode contains a total of 48 properties: 5 houses and 43 flats.

48
Properties
  • Houses
  • Flats

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House Pricesin MK40 2LU

Sale prices range from £107,251 for 1 bedroom leasehold flats (322 ft2) to £655,849 for 5 bedroom freehold houses with a garden (2,303 ft2) .

Monthly rental prices range from £680 pcm for 1 bed flats to £2,521 pcm for 5 bed houses.

The gross rental yield is between 4.5% and 7.6%.

The average value per square foot is £315.

Average Sale Value
£209,522
Average Rental Value
£1,062 pcm
Average Rental Yield
6.1% /year
Average Value Per Sqft
£315 /ft2
Prices last updated 1st May 2026
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Sales History
in MK40 2LU

The last sale was on 14th November 2025 for £650,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 62 sales since 1995.

MK40 2LU has seen 3 sales in the last three years and 1 sale in the last twelve months.

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Nearby Postcodesto MK40 2LU

MK40 2LU is the 755th largest and the 132nd most expensive postcode out of the 837 postcodes in the MK40 area.

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Property Typesin MK40 2LU

  • 3 period houses built between 1800 and 1911
  • 43 period flats built between 1800 and 1911
  • 2 other addresses of unknown type
  • period house (3)
  • period flat (43)
  • Unknown (2)
Energy Efficiency

Energy Efficiencyof properties in MK40 2LU

  • Energy Performance Certificate (EPC) surveys conducted for 39 properties.
  • The dominant rating is D.
  • A (0)
  • E (3)
  • B (0)
  • F (0)
  • C (15)
  • G (0)
  • D (21)
  • No EPC (9)
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Schools Nearby

Schools Nearbyto MK40 2LU

The nearest primary school to MK40 2LU is Castle Newnham School which is 771 metres away.
  • 771
    m
    Castle Newnham School
  • 818
    m
    St John Rigby Catholic Primary School
  • 1.1
    km
    Hazeldene School
The nearest secondary school is Castle Newnham School which is 518 metres away.
  • 518
    m
    Castle Newnham School
  • 1.1
    km
    Goldington Academy
  • 1.6
    km
    Bedford Free School
More reading links
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearbyto MK40 2LU

The closest station to MK40 2LU is Bedford station which is 1.7 kilometres away.

  • 1.7
    km
    Bedford
  • 1.9
    km
    Bedford St Johns
  • 6.7
    km
    Kempston Hardwick
  • 9.5
    km
    Stewartby
Source: National Rail
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