Merton Road - MK40 3AF
Key Postcode Insights
MK40 3AF is a residential postcode situated on Merton Road, Bedford, MK40 with 53 addresses.
It ranks as the 774th largest and 197th 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 53 properties: 10 houses and 43 flats.
- Ave. Sale Price
- £284,402
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £1,183pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
MK40 3AF is a residential postcode situated on Merton Road, Bedford, MK40 with 53 addresses.
It ranks as the 774th largest and 197th 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 53 properties: 10 houses and 43 flats.
- Ave. Sale Price
- £284,402
- 10 Year change
- up 22.7%
- Ave. Rental Price
- £1,183pcm
- 10 Year change
- up 40.7%
- Ave. £ per ft²
- £327/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin MK40 3AF
- 1 Merton Road
Building  |  4 Flats
- 2 Merton Road
Building  |  4 Flats
- 3 Merton Road
5 Bed Period House
- 4 Merton Road
Period Building | 7 Units
- 5 Merton Road
Period Building | 5 Units
Sales Market Trends
The last sale in MK40 3AF sold for £245,000 on 17th February 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £284,402.
The MK40 3AF Sales Market has increased by 22.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.4% | £284,402 |
| June 2025 | 2.1% | £283,394 |
| June 2024 | -0.5% | £277,578 |
| June 2023 | -0.2% | £278,888 |
| June 2022 | 8% | £279,575 |
| June 2021 | 4.3% | £258,898 |
| June 2020 | 0.4% | £248,163 |
| June 2019 | -0.9% | £247,297 |
| June 2018 | 1.6% | £249,542 |
| June 2017 | 5.9% | £245,556 |
| June 2016 | 10.8% | £231,786 |
| June 2015 | 8.6% | £209,220 |
| June 2014 | 9% | £192,564 |
| June 2013 | 0.5% | £176,659 |
| June 2012 | -1.3% | £175,853 |
| June 2011 | -0.7% | £178,195 |
| June 2010 | 5.5% | £179,425 |
| June 2009 | -12.1% | £170,151 |
| June 2008 | -1.5% | £193,621 |
| June 2007 | 0% | £196,529 |
Rental Market Trends
The current average rental value in the postcode is £1,183.
The MK40 3AF Rental Market has increased by 40.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,183pcm |
| June 2025 | 4% | £1,141pcm |
| June 2024 | 6.9% | £1,098pcm |
| June 2023 | 7.4% | £1,027pcm |
| June 2022 | 5.8% | £956pcm |
| June 2021 | 6.4% | £904pcm |
| June 2020 | 0.8% | £849pcm |
| June 2019 | 0.1% | £843pcm |
| June 2018 | -2.5% | £842pcm |
| June 2017 | 2.7% | £863pcm |
| June 2016 | 9% | £841pcm |
| June 2015 | 6.6% | £772pcm |
| June 2014 | 3.4% | £724pcm |
| June 2013 | 1.5% | £700pcm |
| June 2012 | 0.8% | £689pcm |
| June 2011 | 1.1% | £684pcm |
| June 2010 | -0.5% | £677pcm |
| June 2009 | -6.4% | £680pcm |
| June 2008 | 2.6% | £726pcm |
| June 2007 | 0% | £708pcm |
Sales History
The last sale was on 17th February 2026 for £245,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 62 sales since 1995.
MK40 3AF has seen 6 sales in the last three years and 3 sales in the last twelve months.
- Sold Feb 2026£245,000 | 3 Bed FlatFlat 3, 1, Merton Road, Bedford, MK40 3AFFlat 3, 1, Merton Road, Bedford, MK40 3AF
- Sold Feb 2026£210,000 | 2 Bed FlatFlat 1, 1, Merton Road, Bedford, MK40 3AFFlat 1, 1, Merton Road, Bedford, MK40 3AF
- Sold Dec 2025£180,000 | 2 Bed FlatFlat 4, 1, Merton Road, Bedford, MK40 3AFFlat 4, 1, Merton Road, Bedford, MK40 3AF
- Sold May 2025£191,000 | 2 Bed FlatFlat C, 5, Merton Road, Bedford, MK40 3AFFlat C, 5, Merton Road, Bedford, MK40 3AF
- Sold Dec 2024£160,000 | 2 Bed FlatFlat D, 5, Merton Road, Bedford, MK40 3AFFlat D, 5, Merton Road, Bedford, MK40 3AF
Nearby Postcodes
MK40 3AF is the 774th largest and the 197th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3AE, Merton Road, Bedford, MK40MK40 3AE27 Addresses|57 m away
- MK40 3AG, Oaklands Road, Bedford, MK40MK40 3AG26 Addresses|79 m away
- MK40 3TL, Oaklands Road, Bedford, MK40MK40 3TL6 Addresses|82 m away
- MK40 3DA, Goldington Avenue, Bedford, MK40MK40 3DA41 Addresses|87 m away
- MK40 2NY, Kimbolton Road, Bedford, MK40MK40 2NY9 Addresses|113 m away
Property Types
- 6 period houses built between 1800 and 1911
- 43 period flats built between 1800 and 1911
- 4 other addresses of unknown type
- period house (6)
- period flat (43)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 44 properties.
- The most common rating is D.
- A (0)
- E (6)
- B (0)
- F (0)
- C (7)
- G (0)
- D (31)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Aug 2022£1,020,000 | 6 Bed House3, Merton Road, Bedford, MK40 3AF3, Merton Road, Bedford, MK40 3AF
- Sold Oct 2019£725,000 | 6 Bed House20, Merton Road, Bedford, MK40 3AF20, Merton Road, Bedford, MK40 3AF
- Sold Nov 2019£705,000 | 6 Bed House26, Merton Road, Bedford, MK40 3AF26, Merton Road, Bedford, MK40 3AF
Schools Nearby
- Castle Newnham School400 m away
- St John Rigby Catholic Primary School700 m away
- Hazeldene School1.1 km away
- Castle Newnham School500 m away
- Goldington Academy900 m away
- Bedford Free School1.3 km away
More reading links
Public Transport Nearby
The closest station to MK40 3AF is Bedford St Johns station, which is 1.6 kilometres away.
- Bedford St Johns|1.6 km away
- Bedford|1.7 km away
- Kempston Hardwick|6.5 km away
- Stewartby|9.3 km away
