St. Michaels Road - MK40 2LZ
Key Postcode Insights
MK40 2LZ is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 42 addresses.
It ranks as the 719th largest and 227th 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 42 properties: 4 houses, 36 flats and 2 other properties.
- Ave. Sale Price
- £271,773
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,201pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
MK40 2LZ is a residential postcode situated on St. Michaels Road, Bedford, MK40 with 42 addresses.
It ranks as the 719th largest and 227th 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 42 properties: 4 houses, 36 flats and 2 other properties.
- Ave. Sale Price
- £271,773
- 10 Year change
- up 20.9%
- Ave. Rental Price
- £1,201pcm
- 10 Year change
- up 38.6%
- Ave. £ per ft²
- £306/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in MK40 2LZ
- 21 St. Michaels Road
Building  |  2 Flats
- 23 St. Michaels Road
Building  |  4 Flats
- 25 St. Michaels Road
Building  |  4 Flats
- 27 St. Michaels Road
Building  |  3 Flats
- 29 St. Michaels Road
Building  |  3 Flats
Sales Market Trends
The last sale in MK40 2LZ sold for £270,000 on 19th December 2024. Since then prices are up an average of 1.5%.
The current average value in the postcode is £271,773.
The MK40 2LZ Sales Market has increased by 20.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £271,773 |
| June 2025 | 1.8% | £271,859 |
| June 2024 | -0.4% | £266,952 |
| June 2023 | -0.5% | £267,973 |
| June 2022 | 7.5% | £269,198 |
| June 2021 | 3.9% | £250,310 |
| June 2020 | 0.5% | £240,929 |
| June 2019 | -0.8% | £239,620 |
| June 2018 | 1.6% | £241,567 |
| June 2017 | 5.8% | £237,796 |
| June 2016 | 10.7% | £224,849 |
| June 2015 | 8.5% | £203,086 |
| June 2014 | 8.7% | £187,175 |
| June 2013 | 0.3% | £172,175 |
| June 2012 | -1.4% | £171,685 |
| June 2011 | -0.6% | £174,160 |
| June 2010 | 5.5% | £175,224 |
| June 2009 | -12.6% | £166,068 |
| June 2008 | -1.7% | £189,992 |
| June 2007 | 0% | £193,259 |
Rental Market Trends
The current average rental value in the postcode is £1,201.
The MK40 2LZ Rental Market has increased by 38.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,201pcm |
| June 2025 | 3.7% | £1,163pcm |
| June 2024 | 7% | £1,122pcm |
| June 2023 | 7.2% | £1,048pcm |
| June 2022 | 5.4% | £978pcm |
| June 2021 | 6% | £928pcm |
| June 2020 | 1% | £876pcm |
| June 2019 | 0.2% | £867pcm |
| June 2018 | -2.5% | £866pcm |
| June 2017 | 2.5% | £888pcm |
| June 2016 | 8.9% | £867pcm |
| June 2015 | 6.5% | £796pcm |
| June 2014 | 3.2% | £748pcm |
| June 2013 | 1.4% | £725pcm |
| June 2012 | 0.7% | £715pcm |
| June 2011 | 1.2% | £710pcm |
| June 2010 | -0.4% | £702pcm |
| June 2009 | -6.9% | £705pcm |
| June 2008 | 2.4% | £757pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last recorded sale was on 19th December 2024 for £270,000 and since then the market in the area has increased by 1.5%.
MK40 2LZ has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Dec 2024£270,000 | 3 Bed FlatFlat 3, 41, St. Michaels Road, Bedford, MK40 2LZFlat 3, 41, St. Michaels Road, Bedford, MK40 2LZ
- Sold Aug 2024£140,000 | 1 Bed Flat39B, St. Michaels Road, Bedford, MK40 2LZ39B, St. Michaels Road, Bedford, MK40 2LZ
- Sold Feb 2023£270,000 | 3 Bed FlatFlat 3, 41, St. Michaels Road, Bedford, MK40 2LZFlat 3, 41, St. Michaels Road, Bedford, MK40 2LZ
Nearby Postcodes
MK40 2LZ is the 719th largest and the 227th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 2LU, St. Michaels Road, Bedford, MK40MK40 2LU48 Addresses|31 m away
- MK40 2ND, St. Augustines Road, Bedford, MK40MK40 2ND41 Addresses|64 m away
- MK40 2LS, St. Georges Road, Bedford, MK40MK40 2LS30 Addresses|87 m away
- MK40 2NB, St. Augustines Road, Bedford, MK40MK40 2NB41 Addresses|93 m away
- MK40 2LY, St. Michaels Road, Bedford, MK40MK40 2LY31 Addresses|101 m away
Property Types
- 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 Performance Certificate (EPC) surveys have been conducted for 35 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (3)
- C (12)
- G (0)
- D (17)
- No EPC (7)
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 School800 m away
- St John Rigby Catholic Primary School800 m away
- Hazeldene School1.0 km away
- Castle Newnham School500 m away
- Goldington Academy1.1 km away
- Bedford Free School1.6 km away
More reading links
Public Transport Nearby
The closest station to MK40 2LZ 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
