The Broadway - MK40 2TE
Key Postcode Insights
MK40 2TE is a residential postcode situated on The Broadway, Bedford, MK40 with 9 addresses.
It ranks as the 149th largest and 84th most expensive of the 835 postcodes in the MK40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 7 flats and 2 other properties.
- Ave. Sale Price
- £151,724
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £835pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
MK40 2TE is a residential postcode situated on The Broadway, Bedford, MK40 with 9 addresses.
It ranks as the 149th largest and 84th most expensive of the 835 postcodes in the MK40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 7 flats and 2 other properties.
- Ave. Sale Price
- £151,724
- 10 Year change
- up 15.4%
- Ave. Rental Price
- £835pcm
- 10 Year change
- up 39.5%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin MK40 2TE
Sales Market Trends
The last sale in MK40 2TE sold for £1,250,000 on 19th August 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £151,724.
The MK40 2TE Sales Market has increased by 15.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.5% | £151,724 |
| June 2025 | 1.9% | £149,515 |
| June 2024 | 0.3% | £146,790 |
| June 2023 | -2.1% | £146,310 |
| June 2022 | 8% | £149,454 |
| June 2021 | 2.7% | £138,340 |
| June 2020 | 0.2% | £134,721 |
| June 2019 | -2.9% | £134,387 |
| June 2018 | 0.2% | £138,438 |
| June 2017 | 5% | £138,099 |
| June 2016 | 12.5% | £131,515 |
| June 2015 | 6.7% | £116,904 |
| June 2014 | 8.9% | £109,606 |
| June 2013 | 1% | £100,689 |
| June 2012 | -1.5% | £99,688 |
| June 2011 | -0.2% | £101,163 |
| June 2010 | 2.3% | £101,377 |
| June 2009 | -14.6% | £99,129 |
| June 2008 | -0.2% | £116,143 |
| June 2007 | 0% | £116,385 |
Rental Market Trends
The current average rental value in the postcode is £835.
The MK40 2TE Rental Market has increased by 39.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £835pcm |
| June 2025 | 4.7% | £798pcm |
| June 2024 | 6.9% | £762pcm |
| June 2023 | 6.6% | £713pcm |
| June 2022 | 5.6% | £668pcm |
| June 2021 | 5.9% | £633pcm |
| June 2020 | 0.5% | £598pcm |
| June 2019 | -0.1% | £595pcm |
| June 2018 | -3.1% | £596pcm |
| June 2017 | 2.7% | £615pcm |
| June 2016 | 9% | £599pcm |
| June 2015 | 7% | £549pcm |
| June 2014 | 3.9% | £513pcm |
| June 2013 | 1.1% | £494pcm |
| June 2012 | 0.1% | £489pcm |
| June 2011 | 0.4% | £488pcm |
| June 2010 | -2.3% | £486pcm |
| June 2009 | -6.6% | £498pcm |
| June 2008 | 3% | £533pcm |
| June 2007 | 0% | £517pcm |
Sales History
The last sale was on 19th August 2022 for £1,250,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
MK40 2TE has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
MK40 2TE is the 149th largest and the 84th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 1BS, Dame Alice Street, Bedford, MK40MK40 1BS22 Addresses|34 m away
- MK40 1BP, Dame Alice Street, Bedford, MK40MK40 1BP47 Addresses|49 m away
- MK40 2SZ, Balsall Street East, Bedford, MK40MK40 2SZ4 Addresses|70 m away
- MK40 2FZ, Balsall Street East, Bedford, MK40MK40 2FZ4 Addresses|73 m away
- MK40 1NU, High Street, Bedford, MK40MK40 1NU5 Addresses|75 m away
Property Types
- 9 modern flats built after 1980
- modern flat (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2022£1,250,000 | 1 Bed FlatFlat 1, Broadway House 4-6, The Broadway, Bedford, MK40 2TEFlat 1, Broadway House 4-6, The Broadway, Bedford, MK40 2TE
- Sold Jan 2020£935,000 | 1 Bed Flat30, The Broadway, Bedford, MK40 2TH30, The Broadway, Bedford, MK40 2TH
- Sold Mar 2015£715,000 | 2 Bed FlatFlat 1, 34, The Broadway, Bedford, MK40 2THFlat 1, 34, The Broadway, Bedford, MK40 2TH
Schools Nearby
- Priory Primary School500 m away
- Livingstone Primary School800 m away
- Castle Newnham School900 m away
- Bedford Free School700 m away
- Castle Newnham School1.3 km away
- Goldington Academy1.7 km away
More reading links
Public Transport Nearby
The closest station to MK40 2TE is Bedford station, which is 900 metres away.
- Bedford|900 m away
- Bedford St Johns|1.1 km away
- Kempston Hardwick|5.8 km away
- Stewartby|8.6 km away