Caves Lane - MK40 3DW
Key Postcode Insights
MK40 3DW is a residential postcode situated on Caves Lane, Bedford, MK40 with 23 addresses.
It ranks as the 520th largest and 602nd 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 23 properties: 16 houses and 7 other properties.
- Ave. Sale Price
- £382,389
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,734pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
MK40 3DW is a residential postcode situated on Caves Lane, Bedford, MK40 with 23 addresses.
It ranks as the 520th largest and 602nd 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 23 properties: 16 houses and 7 other properties.
- Ave. Sale Price
- £382,389
- 10 Year change
- up 33.9%
- Ave. Rental Price
- £1,734pcm
- 10 Year change
- up 51.6%
- Ave. £ per ft²
- £334/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in MK40 3DW
- 21 Caves Lane
3 Bed Mid-century House
- 23 Caves Lane
3 Bed Mid-century House
- 25 Caves Lane
4 Bed Mid-century House
- 27 Caves Lane
3 Bed Mid-century House
- 29 Caves Lane
5 Bed Mid-century House
Sales Market Trends
The last sale in MK40 3DW sold for £382,500 on 16th February 2026. Since then prices are down an average of 1.1%.
The current average value in the postcode is £382,389.
The MK40 3DW Sales Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £382,389 |
| June 2025 | 2.5% | £383,825 |
| June 2024 | -0.7% | £374,614 |
| June 2023 | 1.4% | £377,413 |
| June 2022 | 10.3% | £372,077 |
| June 2021 | 6.8% | £337,232 |
| June 2020 | 0.4% | £315,720 |
| June 2019 | -0.4% | £314,325 |
| June 2018 | 3% | £315,591 |
| June 2017 | 7.3% | £306,262 |
| June 2016 | 11% | £285,548 |
| June 2015 | 9.5% | £257,152 |
| June 2014 | 9.7% | £234,844 |
| June 2013 | 1.6% | £214,001 |
| June 2012 | 0.3% | £210,712 |
| June 2011 | -0.5% | £210,160 |
| June 2010 | 8.5% | £211,299 |
| June 2009 | -9.9% | £194,679 |
| June 2008 | -1.7% | £216,069 |
| June 2007 | 0% | £219,829 |
Rental Market Trends
The current average rental value in the postcode is £1,734.
The MK40 3DW Rental Market has increased by 51.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,734pcm |
| June 2025 | 4.1% | £1,685pcm |
| June 2024 | 6.8% | £1,619pcm |
| June 2023 | 8.9% | £1,515pcm |
| June 2022 | 8.2% | £1,391pcm |
| June 2021 | 8.7% | £1,286pcm |
| June 2020 | 0.9% | £1,183pcm |
| June 2019 | 0.1% | £1,173pcm |
| June 2018 | -1.3% | £1,171pcm |
| June 2017 | 3.7% | £1,187pcm |
| June 2016 | 9.6% | £1,144pcm |
| June 2015 | 6.8% | £1,044pcm |
| June 2014 | 4% | £977pcm |
| June 2013 | 2.9% | £939pcm |
| June 2012 | 2.5% | £913pcm |
| June 2011 | 1.5% | £890pcm |
| June 2010 | 2.1% | £877pcm |
| June 2009 | -4.7% | £859pcm |
| June 2008 | 2.6% | £901pcm |
| June 2007 | 0% | £878pcm |
Sales History
The last recorded sale was on 16th February 2026 for £382,500 and since then the market in the area has decreased by 1.1%.
MK40 3DW has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Feb 2026£382,500 | 4 Bed House65, Caves Lane, Bedford, MK40 3DW65, Caves Lane, Bedford, MK40 3DW
- Sold Sep 2025£337,500 | 4 Bed House25, Caves Lane, Bedford, MK40 3DW25, Caves Lane, Bedford, MK40 3DW
- Sold Feb 2025£422,500 | 4 Bed House67, Caves Lane, Bedford, MK40 3DW67, Caves Lane, Bedford, MK40 3DW
Nearby Postcodes
MK40 3DW is the 520th largest and the 602nd most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3BG, Seaton Drive, Bedford, MK40MK40 3BG16 Addresses|41 m away
- MK40 3DP, Caves Lane, Bedford, MK40MK40 3DP15 Addresses|68 m away
- MK40 3BQ, Seaton Drive, Bedford, MK40MK40 3BQ14 Addresses|73 m away
- MK40 3AJ, Barnstaple Road, Bedford, MK40MK40 3AJ2 Addresses|92 m away
- MK40 3BS, Sidmouth Close, Bedford, MK40MK40 3BS10 Addresses|92 m away
Property Types
- 14 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 7 other addresses of unknown type
- mid-century house (14)
- house (2)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (10)
- 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 School800 m away
- Castle Newnham School400 m away
- Goldington Academy400 m away
- Bedford Free School1.6 km away
More reading links
Public Transport Nearby
The closest station to MK40 3DW is Bedford St Johns station, which is 1.9 kilometres away.
- Bedford St Johns|1.9 km away
- Bedford|2.2 km away
- Kempston Hardwick|6.7 km away
- Stewartby|9.5 km away
