MK40 4HA is a residential postcode situated on Chestnut Avenue, Bedford, MK40 with 18 addresses.
It ranks as the 443rd largest and 351st most expensive of the 837 postcodes in the MK40 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
MK40 4HA is a residential postcode situated on Chestnut Avenue, Bedford, MK40 with 18 addresses.
It ranks as the 443rd largest and 351st most expensive of the 837 postcodes in the MK40 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 18 properties: 18 houses.
Sale prices range from £174,125 for 3 bedroom freehold houses with a garden (710 ft2) to £298,736 for 5 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £865 pcm for 3 bed houses to £1,356 pcm for 5 bed houses.
The gross rental yield is between 5.4% and 6.0%.
The average value per square foot is £190.
The last sale in MK40 4HA sold for £300,000 on 30th September 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £238,822.
The MK40 4HA Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £238,822 |
| April 2025 | 1.3% | £236,617 |
| April 2024 | 0.5% | £233,633 |
| April 2023 | 0.9% | £232,544 |
| April 2022 | 10.1% | £230,535 |
| April 2021 | 5.8% | £209,410 |
| April 2020 | -0.4% | £198,003 |
| April 2019 | -2.8% | £198,780 |
| April 2018 | 2.2% | £204,455 |
| April 2017 | 8.1% | £200,059 |
| April 2016 | 11.3% | £185,052 |
| April 2015 | 8% | £166,209 |
| April 2014 | 9.3% | £153,881 |
| April 2013 | 4% | £140,807 |
| April 2012 | 1% | £135,342 |
| April 2011 | 1.4% | £134,006 |
| April 2010 | 4.8% | £132,207 |
| April 2009 | -16.6% | £126,132 |
| April 2008 | 4% | £151,271 |
| April 2007 | 0% | £145,413 |
The current average rental value in the postcode is £1,113.
The MK40 4HA Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £1,113pcm |
| April 2025 | 4.2% | £1,100pcm |
| April 2024 | 7.4% | £1,056pcm |
| April 2023 | 9.4% | £983pcm |
| April 2022 | 7% | £899pcm |
| April 2021 | 9.3% | £840pcm |
| April 2020 | -0.5% | £768pcm |
| April 2019 | 0.3% | £772pcm |
| April 2018 | -1.4% | £770pcm |
| April 2017 | 4.7% | £781pcm |
| April 2016 | 10.1% | £745pcm |
| April 2015 | 6.3% | £677pcm |
| April 2014 | 4.2% | £637pcm |
| April 2013 | 4.1% | £611pcm |
| April 2012 | 3.8% | £587pcm |
| April 2011 | 0.9% | £566pcm |
| April 2010 | -0.1% | £561pcm |
| April 2009 | -6% | £561pcm |
| April 2008 | 4.9% | £597pcm |
| April 2007 | 0% | £568pcm |
The last sale was on 30th September 2025 for £300,000 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 14 sales since 1995.
MK40 4HA has seen 1 sale in the last three years and 1 sale in the last twelve months.
MK40 4HA is the 443rd largest and the 351st most expensive postcode out of the 837 postcodes in the MK40 area.
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The closest station to MK40 4HA is Bedford station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK40 4HA, 36.4% of property is privately owned outright and 35.5% is privately owned with a mortgage.
The graph below shows how this compares to East of England and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK40 4HA, 27.4% of residents are recorded as possessing school level qualifications and 22.1% as possessing degree level qualifications.
The graph below shows how this compares to East of England and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK40 4HA, the average age was 32.8 and the most common age was 32.
The graph below shows how this compares to East of England and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK40 4HA, 1.0% of property was a second home.
Comparison figures for East of England and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK40 4HA, there are an average of 1.4 cars per household.
See below for how this compares to East of England and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.