Russell Avenue - MK40 3TF
Key Postcode Insights
MK40 3TF is a residential postcode situated on Russell Avenue, Bedford, MK40 with 9 addresses.
It ranks as the 227th largest and 724th 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 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £483,726
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £438/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
MK40 3TF is a residential postcode situated on Russell Avenue, Bedford, MK40 with 9 addresses.
It ranks as the 227th largest and 724th 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 9 properties: 7 houses and 2 flats.
- Ave. Sale Price
- £483,726
- 10 Year change
- up 20.8%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £438/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Propertiesin MK40 3TF
- 1 Russell Avenue
Unknown
- 2 Russell Avenue
4 Bed Period House
- 3 Russell Avenue
4 Bed Period House
- 4 Russell Avenue
Unknown
- 5 Russell Avenue
Unknown
Sales Market Trends
The last sale in MK40 3TF sold for £540,000 on 4th July 2025. Since then prices are down an average of 1.4%.
The current average value in the postcode is £483,726.
The MK40 3TF Sales Market has increased by 20.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1% | £483,726 |
| June 2025 | 1.4% | £488,575 |
| June 2024 | -0.1% | £481,891 |
| June 2023 | -0.3% | £482,487 |
| June 2022 | 8.1% | £484,004 |
| June 2021 | 3.6% | £447,630 |
| June 2020 | 1% | £432,171 |
| June 2019 | -1.2% | £427,746 |
| June 2018 | 2% | £432,929 |
| June 2017 | 6% | £424,345 |
| June 2016 | 11.4% | £400,303 |
| June 2015 | 8.1% | £359,428 |
| June 2014 | 8% | £332,435 |
| June 2013 | 1.1% | £307,822 |
| June 2012 | -0.9% | £304,427 |
| June 2011 | -0.3% | £307,222 |
| June 2010 | 7% | £308,023 |
| June 2009 | -13% | £287,844 |
| June 2008 | -2% | £330,696 |
| June 2007 | 0% | £337,530 |
Rental Market Trends
The current average rental value in the postcode is £1,664.
The MK40 3TF Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.3% | £1,664pcm |
| June 2025 | 3.4% | £1,626pcm |
| June 2024 | 7.2% | £1,573pcm |
| June 2023 | 7.8% | £1,468pcm |
| June 2022 | 5.8% | £1,362pcm |
| June 2021 | 6% | £1,287pcm |
| June 2020 | 1.1% | £1,214pcm |
| June 2019 | 0.6% | £1,201pcm |
| June 2018 | -2.1% | £1,194pcm |
| June 2017 | 2.4% | £1,219pcm |
| June 2016 | 9% | £1,190pcm |
| June 2015 | 6.1% | £1,092pcm |
| June 2014 | 3.1% | £1,029pcm |
| June 2013 | 1.9% | £998pcm |
| June 2012 | 0.9% | £979pcm |
| June 2011 | 1.7% | £971pcm |
| June 2010 | 1.5% | £955pcm |
| June 2009 | -7% | £941pcm |
| June 2008 | 1.9% | £1,011pcm |
| June 2007 | 0% | £993pcm |
Sales History
The last sale was on 4th July 2025 for £540,000 and since then the market in the area has decreased by 1.4%. The postcode has had a total of 14 sales since 1995.
MK40 3TF has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£540,000 | 4 Bed House3, Russell Avenue, Bedford, MK40 3TF3, Russell Avenue, Bedford, MK40 3TF
- Sold Feb 2023£615,000 | 4 Bed House8, Russell Avenue, Bedford, MK40 3TF8, Russell Avenue, Bedford, MK40 3TF
- Sold Oct 2022£553,000 | 4 Bed House2, Russell Avenue, Bedford, MK40 3TF2, Russell Avenue, Bedford, MK40 3TF
- Sold Dec 2017£535,000 | 4 Bed House8, Russell Avenue, Bedford, MK40 3TF8, Russell Avenue, Bedford, MK40 3TF
- Sold Apr 2016£420,000 | 4 Bed House2, Russell Avenue, Bedford, MK40 3TF2, Russell Avenue, Bedford, MK40 3TF
Nearby Postcodes
MK40 3TF is the 227th largest and the 724th most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 3TE, Russell Avenue, Bedford, MK40MK40 3TE8 Addresses|59 m away
- MK40 3RJ, York Street, Bedford, MK40MK40 3RJ57 Addresses|82 m away
- MK40 3RH, Pembroke Street, Bedford, MK40MK40 3RH60 Addresses|85 m away
- MK40 3TQ, Denmark Street, Bedford, MK40MK40 3TQ29 Addresses|104 m away
- MK40 3RD, Bower Street, Bedford, MK40MK40 3RD34 Addresses|116 m away
Property Types
- 3 period houses built between 1800 and 1911
- 6 other addresses of unknown type
- period house (3)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- 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
- Shackleton Primary School1.5 km away
- Bedford Free School1.1 km away
- Goldington Academy1.1 km away
- Castle Newnham School1.1 km away
More reading links
Public Transport Nearby
The closest station to MK40 3TF 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