The Embankment - MK40 3PE
Key Postcode Insights
MK40 3PE is a residential postcode situated on The Embankment, Bedford, MK40 with 33 addresses.
It ranks as the 659th largest and 612th 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 33 properties: 9 houses and 24 flats.
- Ave. Sale Price
- £719,323
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £2,657pcm
- 10 Year change
- up 40.3%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
MK40 3PE is a residential postcode situated on The Embankment, Bedford, MK40 with 33 addresses.
It ranks as the 659th largest and 612th 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 33 properties: 9 houses and 24 flats.
- Ave. Sale Price
- £719,323
- 10 Year change
- up 20.4%
- Ave. Rental Price
- £2,657pcm
- 10 Year change
- up 40.3%
- Ave. £ per ft²
- £462/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin MK40 3PE
- Bridge View
Modern Building | 6 Units
- Millbank
Modern Building | 9 Units
- The Coach House
3 Bed Modern House
- 27 The Embankment
Period Building | 5 Units
- 28 The Embankment
5 Bed Period House
Sales Market Trends
The last sale in MK40 3PE sold for £345,000 on 20th March 2026. Since then prices are down an average of 0.8%.
The current average value in the postcode is £719,323.
The MK40 3PE Sales Market has increased by 20.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £719,323 |
| June 2025 | 1.3% | £726,768 |
| June 2024 | 0% | £717,286 |
| June 2023 | -0.6% | £717,211 |
| June 2022 | 8.2% | £721,539 |
| June 2021 | 3.6% | £666,576 |
| June 2020 | 1.1% | £643,282 |
| June 2019 | -1.4% | £636,218 |
| June 2018 | 1.8% | £645,181 |
| June 2017 | 6% | £633,590 |
| June 2016 | 11.6% | £597,522 |
| June 2015 | 7.9% | £535,337 |
| June 2014 | 8.1% | £496,058 |
| June 2013 | 1% | £458,872 |
| June 2012 | -0.8% | £454,368 |
| June 2011 | -0.1% | £457,867 |
| June 2010 | 6.5% | £458,293 |
| June 2009 | -13.3% | £430,385 |
| June 2008 | -1.9% | £496,167 |
| June 2007 | 0% | £505,900 |
Rental Market Trends
The current average rental value in the postcode is £2,657.
The MK40 3PE Rental Market has increased by 40.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £2,657pcm |
| June 2025 | 3.4% | £2,597pcm |
| June 2024 | 7.2% | £2,511pcm |
| June 2023 | 7.6% | £2,342pcm |
| June 2022 | 5.9% | £2,177pcm |
| June 2021 | 6.2% | £2,055pcm |
| June 2020 | 1.2% | £1,935pcm |
| June 2019 | 0.6% | £1,912pcm |
| June 2018 | -2.1% | £1,902pcm |
| June 2017 | 2.6% | £1,943pcm |
| June 2016 | 9.1% | £1,893pcm |
| June 2015 | 6.3% | £1,735pcm |
| June 2014 | 3.2% | £1,633pcm |
| June 2013 | 1.7% | £1,582pcm |
| June 2012 | 1% | £1,556pcm |
| June 2011 | 1.6% | £1,541pcm |
| June 2010 | 1.1% | £1,516pcm |
| June 2009 | -7% | £1,500pcm |
| June 2008 | 1.9% | £1,612pcm |
| June 2007 | 0% | £1,583pcm |
Sales History
The last sale was on 20th March 2026 for £345,000 and since then the market in the area has decreased by 0.8%. The postcode has had a total of 48 sales since 1995.
MK40 3PE has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Mar 2026£345,000 | 2 Bed FlatFlat 2, Millbank 26, The Embankment, Bedford, MK40 3PEFlat 2, Millbank 26, The Embankment, Bedford, MK40 3PE
- Sold Jun 2023£650,000 | 3 Bed FlatFlat 4, Bridge View 37, The Embankment, Bedford, MK40 3PEFlat 4, Bridge View 37, The Embankment, Bedford, MK40 3PE
- Sold Sep 2021£1,900,000 | 6 Bed House33, The Embankment, Bedford, MK40 3PE33, The Embankment, Bedford, MK40 3PE
- Sold Jun 2021£515,000 | 3 Bed HouseThe Coach House, 27, The Embankment, Bedford, MK40 3PEThe Coach House, 27, The Embankment, Bedford, MK40 3PE
- Sold Jan 2021£600,000 | 6 Bed House35, The Embankment, Bedford, MK40 3PE35, The Embankment, Bedford, MK40 3PE
Nearby Postcodes
MK40 3PE is the 659th largest and the 612th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3PW, Rothsay Road, Bedford, MK40MK40 3PW16 Addresses|94 m away
- MK40 3PG, Waterloo Road, Bedford, MK40MK40 3PG51 Addresses|121 m away
- MK40 3PD, The Embankment, Bedford, MK40MK40 3PD24 Addresses|160 m away
- MK40 3PN, Rothsay Road, Bedford, MK40MK40 3PN11 Addresses|189 m away
- MK40 3PP, Rothsay Road, Bedford, MK40MK40 3PP19 Addresses|191 m away
Property Types
- 7 period houses built between 1800 and 1911
- 9 period flats built between 1800 and 1911
- 1 modern house built after 1980
- 15 modern flats built after 1980
- 1 other address of unknown type
- period house (7)
- period flat (9)
- modern house (1)
- modern flat (15)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (1)
- C (13)
- G (0)
- D (8)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Sep 2021£1,900,000 | 6 Bed House33, The Embankment, Bedford, MK40 3PE33, The Embankment, Bedford, MK40 3PE
- Sold Nov 2014£1,350,000 | 6 Bed House32, The Embankment, Bedford, MK40 3PE32, The Embankment, Bedford, MK40 3PE
- Sold Jul 2010£1,100,000 | 6 Bed House31, The Embankment, Bedford, MK40 3PE31, The Embankment, Bedford, MK40 3PE
Schools Nearby
- Castle Newnham School600 m away
- Shackleton Primary School1.2 km away
- Priory Primary School1.3 km away
- Bedford Free School700 m away
- Castle Newnham School1.3 km away
- Goldington Academy1.4 km away
More reading links
Public Transport Nearby
The closest station to MK40 3PE is Bedford St Johns station, which is 900 metres away.
- Bedford St Johns|900 m away
- Bedford|1.5 km away
- Kempston Hardwick|5.7 km away
- Stewartby|8.5 km away