St. Michaels Road - MK40 2LY
Key Postcode Insights
MK40 2LY is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 31 addresses.
It ranks as the 627th largest and 21st 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 31 properties: 3 houses and 28 flats.
- Ave. Sale Price
- £167,586
- 10 Year change
- up 20.6%
- Ave. Rental Price
- £906pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
MK40 2LY is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 31 addresses.
It ranks as the 627th largest and 21st 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 31 properties: 3 houses and 28 flats.
- Ave. Sale Price
- £167,586
- 10 Year change
- up 20.6%
- Ave. Rental Price
- £906pcm
- 10 Year change
- up 38.3%
- Ave. £ per ft²
- £269/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin MK40 2LY
- 1 St. Michaels Road
Period Building | 7 Units
- 5 St. Michaels Road
5 Bed Period House
- 7 St. Michaels Road
5 Bed Period House
- 9 St. Michaels Road
Period Building | 5 Units
- 11 St. Michaels Road
Building | 4 Flats
Sales Market Trends
The last sale in MK40 2LY sold for £160,000 on 31st January 2024. Since then prices are up an average of 3.5%.
The current average value in the postcode is £167,586.
The MK40 2LY Sales Market has increased by 20.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £167,586 |
| June 2025 | 1.8% | £167,788 |
| June 2024 | -0.4% | £164,855 |
| June 2023 | -0.4% | £165,478 |
| June 2022 | 7.5% | £166,225 |
| June 2021 | 3.9% | £154,633 |
| June 2020 | 0.6% | £148,897 |
| June 2019 | -0.8% | £148,040 |
| June 2018 | 1.6% | £149,230 |
| June 2017 | 5.7% | £146,884 |
| June 2016 | 10.7% | £138,924 |
| June 2015 | 8.5% | £125,482 |
| June 2014 | 8.7% | £115,678 |
| June 2013 | 0.3% | £106,469 |
| June 2012 | -1.4% | £106,160 |
| June 2011 | -0.6% | £107,681 |
| June 2010 | 5.6% | £108,297 |
| June 2009 | -12.7% | £102,541 |
| June 2008 | -1.8% | £117,404 |
| June 2007 | 0% | £119,496 |
Rental Market Trends
The current average rental value in the postcode is £906.
The MK40 2LY Rental Market has increased by 38.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £906pcm |
| June 2025 | 3.6% | £878pcm |
| June 2024 | 7% | £848pcm |
| June 2023 | 7.2% | £792pcm |
| June 2022 | 5.3% | £739pcm |
| June 2021 | 5.9% | £701pcm |
| June 2020 | 1% | £662pcm |
| June 2019 | 0.2% | £656pcm |
| June 2018 | -2.5% | £654pcm |
| June 2017 | 2.5% | £671pcm |
| June 2016 | 8.9% | £655pcm |
| June 2015 | 6.4% | £602pcm |
| June 2014 | 3.1% | £565pcm |
| June 2013 | 1.4% | £548pcm |
| June 2012 | 0.7% | £541pcm |
| June 2011 | 1.2% | £537pcm |
| June 2010 | -0.3% | £531pcm |
| June 2009 | -7% | £532pcm |
| June 2008 | 2.3% | £572pcm |
| June 2007 | 0% | £559pcm |
Sales History
The last sale was on 31st January 2024 for £160,000 and since then the market in the area has increased by 3.5%. The postcode has had a total of 13 sales since 1995.
MK40 2LY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jan 2024£160,000 | 3 Bed FlatFlat 1, 17, St. Michaels Road, Bedford, MK40 2LYFlat 1, 17, St. Michaels Road, Bedford, MK40 2LY
- Sold Jan 2024£115,000 | 1 Bed FlatFlat 3, 17, St. Michaels Road, Bedford, MK40 2LYFlat 3, 17, St. Michaels Road, Bedford, MK40 2LY
- Sold Aug 2022£40,000 | 1 Bed FlatFlat C, 9, St. Michaels Road, Bedford, MK40 2LYFlat C, 9, St. Michaels Road, Bedford, MK40 2LY
- Sold Aug 2022£119,999 | 1 Bed FlatFlat E, 9, St. Michaels Road, Bedford, MK40 2LYFlat E, 9, St. Michaels Road, Bedford, MK40 2LY
- Sold Apr 2019£530,000 | 5 Bed House7, St. Michaels Road, Bedford, MK40 2LY7, St. Michaels Road, Bedford, MK40 2LY
Nearby Postcodes
MK40 2LY is the 627th largest and the 21st most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LT, St. Michaels Road, Bedford, MK40MK40 2LT54 Addresses|43 m away
- MK40 2NL, St. Augustines Road, Bedford, MK40MK40 2NL6 Addresses|56 m away
- MK40 2PD, Kimbolton Road, Bedford, MK40MK40 2PD16 Addresses|63 m away
- MK40 2LX, St. Michaels Road, Bedford, MK40MK40 2LX6 Addresses|71 m away
- MK40 2HR, Kimbolton Road, Bedford, MK40MK40 2HR3 Addresses|83 m away
Property Types
- 3 period houses built between 1800 and 1911
- 28 period flats built between 1800 and 1911
- period house (3)
- period flat (28)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 27 properties.
- The most common rating is D.
- A (0)
- E (4)
- B (0)
- F (0)
- C (7)
- G (0)
- D (16)
- 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 School700 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 School1.5 km away
More reading links
Public Transport Nearby
The closest station to MK40 2LY 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
