Caves Lane - MK40 3DR
Key Postcode Insights
MK40 3DR is a residential postcode situated on Caves Lane, Bedford, MK40 with 19 addresses.
It ranks as the 457th largest and 591st most expensive of the 835 postcodes in the MK40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 14 houses and 5 other properties.
- Ave. Sale Price
- £373,332
- 10 Year change
- up 34.8%
- Ave. Rental Price
- £1,678pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
MK40 3DR is a residential postcode situated on Caves Lane, Bedford, MK40 with 19 addresses.
It ranks as the 457th largest and 591st most expensive of the 835 postcodes in the MK40 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 19 properties: 14 houses and 5 other properties.
- Ave. Sale Price
- £373,332
- 10 Year change
- up 34.8%
- Ave. Rental Price
- £1,678pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in MK40 3DR
- 1 Caves Lane
4 Bed Mid-century House
- 2A Caves Lane
4 Bed House
- 2 Caves Lane
4 Bed Early-century House
- 3 Caves Lane
4 Bed Mid-century House
- 4 Caves Lane
House
Sales Market Trends
The last sale in MK40 3DR sold for £307,500 on 31st July 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £373,332.
The MK40 3DR Sales Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £373,332 |
| June 2025 | 2.8% | £374,341 |
| June 2024 | -0.7% | £364,026 |
| June 2023 | 1.2% | £366,457 |
| June 2022 | 10.7% | £362,171 |
| June 2021 | 6.6% | £327,062 |
| June 2020 | 0.5% | £306,718 |
| June 2019 | -0.4% | £305,257 |
| June 2018 | 3% | £306,627 |
| June 2017 | 7.4% | £297,566 |
| June 2016 | 11.4% | £276,948 |
| June 2015 | 9.8% | £248,652 |
| June 2014 | 10.1% | £226,457 |
| June 2013 | 1.6% | £205,776 |
| June 2012 | 0.3% | £202,540 |
| June 2011 | -0.9% | £202,015 |
| June 2010 | 7.9% | £203,902 |
| June 2009 | -10.4% | £188,935 |
| June 2008 | -1.7% | £210,821 |
| June 2007 | 0% | £214,484 |
Rental Market Trends
The current average rental value in the postcode is £1,678.
The MK40 3DR Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,678pcm |
| June 2025 | 4.5% | £1,629pcm |
| June 2024 | 6.9% | £1,559pcm |
| June 2023 | 8.6% | £1,458pcm |
| June 2022 | 8.6% | £1,342pcm |
| June 2021 | 8.5% | £1,236pcm |
| June 2020 | 1% | £1,139pcm |
| June 2019 | 0.1% | £1,129pcm |
| June 2018 | -1.3% | £1,128pcm |
| June 2017 | 3.9% | £1,143pcm |
| June 2016 | 10% | £1,100pcm |
| June 2015 | 7.1% | £1,000pcm |
| June 2014 | 4.3% | £934pcm |
| June 2013 | 3% | £895pcm |
| June 2012 | 2.5% | £869pcm |
| June 2011 | 1.1% | £848pcm |
| June 2010 | 1.6% | £839pcm |
| June 2009 | -5.2% | £826pcm |
| June 2008 | 2.6% | £871pcm |
| June 2007 | 0% | £849pcm |
Sales History
The last recorded sale was on 31st July 2025 for £307,500 and since then the market in the area has decreased by 1.0%.
MK40 3DR has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Jul 2025£307,500 | 4 Bed House1, Caves Lane, Bedford, MK40 3DR1, Caves Lane, Bedford, MK40 3DR
- Sold Mar 2025£337,000 | 3 Bed House15, Caves Lane, Bedford, MK40 3DR15, Caves Lane, Bedford, MK40 3DR
- Sold Jul 2022£452,500 | 4 Bed House10, Caves Lane, Bedford, MK40 3DR10, Caves Lane, Bedford, MK40 3DR
Nearby Postcodes
MK40 3DR is the 457th largest and the 591st most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3EJ, Abrahams Close, Bedford, MK40MK40 3EJ21 Addresses|66 m away
- MK40 3EW, Goldington Road, Bedford, MK40MK40 3EW4 Addresses|111 m away
- MK40 3EE, Talbot Road, Bedford, MK40MK40 3EE15 Addresses|115 m away
- MK40 3BB, Dawlish Drive, Bedford, MK40MK40 3BB25 Addresses|126 m away
- MK40 3DP, Caves Lane, Bedford, MK40MK40 3DP15 Addresses|148 m away
Property Types
- 11 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 early-century houses built between 1912 and 1935
- 5 other addresses of unknown type
- mid-century house (11)
- house (1)
- early-century house (2)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (1)
- C (4)
- G (0)
- D (6)
- No EPC (6)
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
- Castle Newnham School300 m away
- St John Rigby Catholic Primary School500 m away
- Hazeldene School1.0 km away
- Castle Newnham School500 m away
- Goldington Academy600 m away
- Bedford Free School1.5 km away
More reading links
Public Transport Nearby
The closest station to MK40 3DR is Bedford St Johns station, which is 1.7 kilometres away.
- Bedford St Johns|1.7 km away
- Bedford|2.0 km away
- Kempston Hardwick|6.5 km away
- Stewartby|9.3 km away
