Caves Lane - MK40 3DP
Key Postcode Insights
MK40 3DP is a residential postcode situated on Caves Lane, Bedford, MK40 with 15 addresses.
It ranks as the 365th largest of the 835 postcodes in the MK40 area.
The postcode contains a total of 15 properties: 7 houses and 8 other properties.
- Ave. Sale Price
- £437,277
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,789pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £386/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
MK40 3DP is a residential postcode situated on Caves Lane, Bedford, MK40 with 15 addresses.
It ranks as the 365th largest of the 835 postcodes in the MK40 area.
The postcode contains a total of 15 properties: 7 houses and 8 other properties.
- Ave. Sale Price
- £437,277
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,789pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £386/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Properties in MK40 3DP
- 18 Caves Lane
4 Bed Mid-century House
- 20 Caves Lane
House
- 22 Caves Lane
5 Bed Mid-century House
- 24 Caves Lane
4 Bed Mid-century House
- 26 Caves Lane
House
Sales Market Trends
The last sale in MK40 3DP sold for £362,500 on 19th March 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £437,277.
The MK40 3DP Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £437,277 |
| June 2025 | 2.5% | £438,919 |
| June 2024 | -0.7% | £428,387 |
| June 2023 | 1.4% | £431,587 |
| June 2022 | 10.3% | £425,485 |
| June 2021 | 6.8% | £385,638 |
| June 2020 | 0.4% | £361,039 |
| June 2019 | -0.4% | £359,443 |
| June 2018 | 3% | £360,891 |
| June 2017 | 7.3% | £350,223 |
| June 2016 | 11% | £326,536 |
| June 2015 | 9.5% | £294,064 |
| June 2014 | 9.7% | £268,554 |
| June 2013 | 1.6% | £244,719 |
| June 2012 | 0.3% | £240,958 |
| June 2011 | -0.5% | £240,327 |
| June 2010 | 8.5% | £241,629 |
| June 2009 | -9.9% | £222,624 |
| June 2008 | -1.7% | £247,084 |
| June 2007 | 0% | £251,383 |
Rental Market Trends
The current average rental value in the postcode is £1,789.
The MK40 3DP Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,789pcm |
| June 2025 | 4.1% | £1,738pcm |
| June 2024 | 6.8% | £1,670pcm |
| June 2023 | 8.9% | £1,563pcm |
| June 2022 | 8.2% | £1,435pcm |
| June 2021 | 8.7% | £1,327pcm |
| June 2020 | 0.9% | £1,221pcm |
| June 2019 | 0.1% | £1,210pcm |
| June 2018 | -1.3% | £1,208pcm |
| June 2017 | 3.7% | £1,224pcm |
| June 2016 | 9.6% | £1,181pcm |
| June 2015 | 6.8% | £1,077pcm |
| June 2014 | 4% | £1,008pcm |
| June 2013 | 2.9% | £969pcm |
| June 2012 | 2.5% | £942pcm |
| June 2011 | 1.5% | £919pcm |
| June 2010 | 2.1% | £905pcm |
| June 2009 | -4.7% | £886pcm |
| June 2008 | 2.6% | £929pcm |
| June 2007 | 0% | £906pcm |
Sales History
The last recorded sale was on 19th March 2025 for £362,500 and since then the market in the area has increased by 0.5%.
MK40 3DP has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Mar 2025£362,500 | 3 Bed House48, Caves Lane, Bedford, MK40 3DP48, Caves Lane, Bedford, MK40 3DP
- Sold Oct 2024£395,000 | 3 Bed House38, Caves Lane, Bedford, MK40 3DP38, Caves Lane, Bedford, MK40 3DP
- Sold Feb 2021£550,000 | 5 Bed House22, Caves Lane, Bedford, MK40 3DP22, Caves Lane, Bedford, MK40 3DP
Nearby Postcodes
MK40 3DP is the 365th largest and the 631st most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3DW, Caves Lane, Bedford, MK40MK40 3DW23 Addresses|68 m away
- MK40 3BG, Seaton Drive, Bedford, MK40MK40 3BG16 Addresses|93 m away
- MK40 3DL, Tiverton Road, Bedford, MK40MK40 3DL38 Addresses|122 m away
- MK40 3BQ, Seaton Drive, Bedford, MK40MK40 3BQ14 Addresses|126 m away
- MK40 3AJ, Barnstaple Road, Bedford, MK40MK40 3AJ2 Addresses|146 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Feb 2021£550,000 | 5 Bed House22, Caves Lane, Bedford, MK40 3DP22, Caves Lane, Bedford, MK40 3DP
- Sold Jun 2019£522,500 | 4 Bed House55, Caves Lane, Bedford, MK40 3DW55, Caves Lane, Bedford, MK40 3DW
- Sold Aug 2023£520,000 | 5 Bed House29, Caves Lane, Bedford, MK40 3DW29, Caves Lane, Bedford, MK40 3DW
Schools Nearby
- St John Rigby Catholic Primary School300 m away
- Castle Newnham School400 m away
- Hazeldene School900 m away
- Castle Newnham School400 m away
- Goldington Academy500 m away
- Bedford Free School1.6 km away
More reading links
Public Transport Nearby
The closest station to MK40 3DP is Bedford St Johns station, which is 1.8 kilometres away.
- Bedford St Johns|1.8 km away
- Bedford|2.1 km away
- Kempston Hardwick|6.7 km away
- Stewartby|9.5 km away