MK40 2LZ

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

Last updated May 2026

Key Postcode Insights

MK40 2LZ is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 42 addresses.

It ranks as the 721st largest and 263rd 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 42 properties: 6 houses and 36 flats.

42
Properties
  • Houses
  • Flats

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House Pricesin MK40 2LZ

Sale prices range from £142,590 for 1 bedroom leasehold flats (344 ft2) to £798,093 for 6 bedroom freehold houses with a garden (2,841 ft2) .

Monthly rental prices range from £762 pcm for 1 bed flats to £2,823 pcm for 6 bed houses.

The gross rental yield is between 4.2% and 6.8%.

The average value per square foot is £305.

Average Sale Value
£272,146
Average Rental Value
£1,219 pcm
Average Rental Yield
5.4% /year
Average Value Per Sqft
£305 /ft2
Prices last updated 1st May 2026
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Sales History
in MK40 2LZ

The last sale was on 19th December 2024 for £270,000 and since then the market in the area has increased by 2.1%. The postcode has had a total of 48 sales since 1995.

MK40 2LZ has seen 3 sales in the last three years and no sales in the last twelve months.

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Nearby Postcodesto MK40 2LZ

MK40 2LZ is the 721st largest and the 263rd most expensive postcode out of the 837 postcodes in the MK40 area.

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Property Typesin MK40 2LZ

  • 4 period houses built between 1800 and 1911
  • 36 period flats built between 1800 and 1911
  • 2 other addresses of unknown type
  • period house (4)
  • period flat (36)
  • Unknown (2)
Energy Efficiency

Energy Efficiencyof properties in MK40 2LZ

  • Energy Performance Certificate (EPC) surveys conducted for 35 properties.
  • The dominant rating is D.
  • A (0)
  • E (3)
  • B (0)
  • F (3)
  • C (12)
  • G (0)
  • D (17)
  • No EPC (7)
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Schools Nearby

Schools Nearbyto MK40 2LZ

The nearest primary school to MK40 2LZ is Castle Newnham School which is 761 metres away.
  • 761
    m
    Castle Newnham School
  • 788
    m
    St John Rigby Catholic Primary School
  • 1.0
    km
    Hazeldene School
The nearest secondary school is Castle Newnham School which is 488 metres away.
  • 488
    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 2LZ

The closest station to MK40 2LZ 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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