Russell Avenue - MK40 3TE
Key Postcode Insights
MK40 3TE is a residential postcode situated on Russell Avenue, Bedford, MK40 with 8 addresses.
It ranks as the 179th largest and 753rd most expensive of the 835 postcodes in the MK40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £610,524
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £2,045pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £419/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Key Postcode Insights
MK40 3TE is a residential postcode situated on Russell Avenue, Bedford, MK40 with 8 addresses.
It ranks as the 179th largest and 753rd most expensive of the 835 postcodes in the MK40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £610,524
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £2,045pcm
- 10 Year change
- up 51.8%
- Ave. £ per ft²
- £419/ft²
- Ave. Gross Yield
- 4.0%/year/yr
Explore Propertiesin MK40 3TE
- 9 Russell Avenue
4 Bed Period House
- 10 Russell Avenue
Unknown
- 11 Russell Avenue
Unknown
- 12 Russell Avenue
5 Bed Period House
- 13 Russell Avenue
4 Bed Period House
Sales Market Trends
The last sale in MK40 3TE sold for £563,000 on 14th November 2022. Since then prices are up an average of 0.1%.
The current average value in the postcode is £610,524.
The MK40 3TE Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £610,524 |
| June 2025 | 2% | £613,224 |
| June 2024 | -0.3% | £601,126 |
| June 2023 | 0.8% | £603,190 |
| June 2022 | 10.6% | £598,185 |
| June 2021 | 6.1% | £540,909 |
| June 2020 | 0.7% | £510,019 |
| June 2019 | -1.4% | £506,370 |
| June 2018 | 2.8% | £513,471 |
| June 2017 | 7.3% | £499,344 |
| June 2016 | 12% | £465,573 |
| June 2015 | 8.6% | £415,824 |
| June 2014 | 9.1% | £382,855 |
| June 2013 | 2.1% | £350,972 |
| June 2012 | 0.4% | £343,772 |
| June 2011 | -0.1% | £342,453 |
| June 2010 | 8.4% | £342,733 |
| June 2009 | -10.7% | £316,312 |
| June 2008 | -1.6% | £354,241 |
| June 2007 | 0% | £360,059 |
Rental Market Trends
The current average rental value in the postcode is £2,045.
The MK40 3TE Rental Market has increased by 51.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £2,045pcm |
| June 2025 | 4% | £1,987pcm |
| June 2024 | 6.9% | £1,910pcm |
| June 2023 | 9% | £1,786pcm |
| June 2022 | 8.2% | £1,638pcm |
| June 2021 | 8.6% | £1,514pcm |
| June 2020 | 0.8% | £1,394pcm |
| June 2019 | 0.4% | £1,383pcm |
| June 2018 | -1.3% | £1,378pcm |
| June 2017 | 3.6% | £1,396pcm |
| June 2016 | 9.6% | £1,347pcm |
| June 2015 | 6.6% | £1,229pcm |
| June 2014 | 4.2% | £1,153pcm |
| June 2013 | 2.9% | £1,107pcm |
| June 2012 | 2.2% | £1,076pcm |
| June 2011 | 1.9% | £1,053pcm |
| June 2010 | 2.7% | £1,034pcm |
| June 2009 | -4.6% | £1,006pcm |
| June 2008 | 2.3% | £1,055pcm |
| June 2007 | 0% | £1,031pcm |
Sales History
The last sale was on 14th November 2022 for £563,000 and since then the market in the area has increased by 0.1%. The postcode has had a total of 15 sales since 1995.
MK40 3TE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2022£563,000 | 4 Bed House13, Russell Avenue, Bedford, MK40 3TE13, Russell Avenue, Bedford, MK40 3TE
- Sold Jun 2015£490,000 | 5 Bed House12, Russell Avenue, Bedford, MK40 3TE12, Russell Avenue, Bedford, MK40 3TE
- Sold Oct 2014£408,500 | 4 Bed House13, Russell Avenue, Bedford, MK40 3TE13, Russell Avenue, Bedford, MK40 3TE
- Sold Nov 2012£430,000 | 5 Bed House12, Russell Avenue, Bedford, MK40 3TE12, Russell Avenue, Bedford, MK40 3TE
- Sold Jul 2009£353,000 | 3 Bed House16, Russell Avenue, Bedford, MK40 3TE16, Russell Avenue, Bedford, MK40 3TE
Nearby Postcodes
MK40 3TE is the 179th largest and the 753rd most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3TF, Russell Avenue, Bedford, MK40MK40 3TF9 Addresses|59 m away
- MK40 3TD, Russell Avenue, Bedford, MK40MK40 3TD15 Addresses|77 m away
- MK40 3TQ, Denmark Street, Bedford, MK40MK40 3TQ29 Addresses|93 m away
- MK40 3RJ, York Street, Bedford, MK40MK40 3RJ57 Addresses|101 m away
- MK40 3TG, Denmark Street, Bedford, MK40MK40 3TG33 Addresses|107 m away
Property Types
- 4 period houses built between 1800 and 1911
- 4 other addresses of unknown type
- period house (4)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Feb 2023£615,000 | 4 Bed House8, Russell Avenue, Bedford, MK40 3TF8, Russell Avenue, Bedford, MK40 3TF
- Sold Nov 2022£563,000 | 4 Bed House13, Russell Avenue, Bedford, MK40 3TE13, Russell Avenue, Bedford, MK40 3TE
- Sold Oct 2022£553,000 | 4 Bed House2, Russell Avenue, Bedford, MK40 3TF2, Russell Avenue, Bedford, MK40 3TF
Schools Nearby
- Castle Newnham School500 m away
- St John Rigby Catholic Primary School1.1 km away
- King's Oak Primary School1.5 km away
- Goldington Academy1.1 km away
- Bedford Free School1.1 km away
- Castle Newnham School1.2 km away
More reading links
Public Transport Nearby
The closest station to MK40 3TE is Bedford St Johns station, which is 1.3 kilometres away.
- Bedford St Johns|1.3 km away
- Bedford|1.9 km away
- Kempston Hardwick|6.0 km away
- Stewartby|8.8 km away