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MK40 2LU
Home, House Prices, St. Michaels Road, Bedford, East of England
MK40 2LU

St. Michaels Road - MK40 2LU

Last updated Aug 2026

Key Postcode Insights

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

It ranks as the 752nd largest and 118th 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 48 properties: 3 houses, 43 flats and 2 other properties.

Ave. Sale Price
£210,066
10 Year change
up 21.4%
Ave. Rental Price
£1,058pcm
10 Year change
up 39.2%
Ave. £ per ft²
£327/ft²
Ave. Gross Yield
6.0%/year/yr
All figures are subject to T&Cs
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Explore Properties in MK40 2LU

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Sales Market Trends

The last sale in MK40 2LU sold for £650,000 on 14th November 2025. Since then prices are up an average of 0.3%.

The current average value in the postcode is £210,066.
The MK40 2LU Sales Market has increased by 21.4% over the last 10 years.

PeriodYear on YearAverage Price
June 20260.2%£210,066
June 20252%£209,669
June 2024-0.4%£205,616
June 2023-0.4%£206,537
June 20227.7%£207,343
June 20214%£192,537
June 20200.4%£185,050
June 2019-0.9%£184,257
June 20181.5%£185,912
June 20175.8%£183,124
June 201610.7%£173,029
June 20158.6%£156,242
June 20148.8%£143,843
June 20130.3%£132,158
June 2012-1.4%£131,722
June 2011-0.6%£133,619
June 20105.4%£134,475
June 2009-12.4%£127,558
June 2008-1.7%£145,666
June 20070%£148,117
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Rental Market Trends

The current average rental value in the postcode is £1,058.
The MK40 2LU Rental Market has increased by 39.2% over the last 10 years.

PeriodYear on YearAverage Price
June 20263.5%£1,058pcm
June 20253.8%£1,022pcm
June 20247%£984pcm
June 20237.2%£920pcm
June 20225.5%£858pcm
June 20216.1%£813pcm
June 20200.9%£766pcm
June 20190.1%£760pcm
June 2018-2.6%£759pcm
June 20172.6%£779pcm
June 20168.9%£760pcm
June 20156.6%£697pcm
June 20143.3%£654pcm
June 20131.4%£633pcm
June 20120.7%£625pcm
June 20111.1%£620pcm
June 2010-0.5%£613pcm
June 2009-6.7%£616pcm
June 20082.4%£661pcm
June 20070%£645pcm
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Sales History

The last recorded sale was on 14th November 2025 for £650,000 and since then the market in the area has increased by 0.3%.

MK40 2LU has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.

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Nearby Postcodes

MK40 2LU is the 752nd largest and the 118th most expensive postcode out of the 835 postcodes in the MK40 area.

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Property Types

  • 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 Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 42 properties.
  • The most common rating is D.
  • A (0)
  • E (5)
  • B (0)
  • F (0)
  • C (15)
  • G (0)
  • D (22)
  • No EPC (6)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to MK40 2LU is Castle Newnham School, which is 800 metres away.
  • Castle Newnham School
    800 m away
  • St John Rigby Catholic Primary School
    800 m away
  • Hazeldene School
    1.1 km away
The nearest secondary school is Castle Newnham School, which is 500 metres away.
  • Castle Newnham School
    500 m away
  • Goldington Academy
    1.1 km away
  • Bedford Free School
    1.6 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

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

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