Chester Road - MK40 4HL
Key Postcode Insights
MK40 4HL is a residential postcode situated on Chester Road, Bedford, MK40 with 14 addresses.
It ranks as the 349th largest and 101st most expensive of the 835 postcodes in the MK40 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £157,641
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Key Postcode Insights
MK40 4HL is a residential postcode situated on Chester Road, Bedford, MK40 with 14 addresses.
It ranks as the 349th largest and 101st most expensive of the 835 postcodes in the MK40 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 2 houses and 12 flats.
- Ave. Sale Price
- £157,641
- 10 Year change
- up 22.8%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 48.7%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 7.0%/year/yr
Explore Propertiesin MK40 4HL
- School Bungalow
Unknown
- 30 Chester Road
Building | 2 Flats
- 31 Chester Road
4 Bed Mid-century House
- 32 Chester Road
Building | 2 Flats
- 33 Chester Road
Building | 2 Flats
Sales Market Trends
The last sale in MK40 4HL sold for £177,000 on 23rd March 2015. Since then prices are up an average of 28.9%.
The current average value in the postcode is £157,641.
The MK40 4HL Sales Market has increased by 22.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.2% | £157,641 |
| June 2025 | 1.9% | £157,326 |
| June 2024 | 0.4% | £154,400 |
| June 2023 | -1.2% | £153,785 |
| June 2022 | 10.5% | £155,638 |
| June 2021 | 4.3% | £140,851 |
| June 2020 | 0.8% | £135,100 |
| June 2019 | -3% | £134,045 |
| June 2018 | 1.4% | £138,217 |
| June 2017 | 6.2% | £136,360 |
| June 2016 | 13.7% | £128,345 |
| June 2015 | 7.1% | £112,908 |
| June 2014 | 9.2% | £105,388 |
| June 2013 | 2.1% | £96,507 |
| June 2012 | 0.1% | £94,505 |
| June 2011 | 0.2% | £94,368 |
| June 2010 | 4.6% | £94,191 |
| June 2009 | -14.5% | £90,075 |
| June 2008 | -1.1% | £105,296 |
| June 2007 | 0% | £106,421 |
Rental Market Trends
The current average rental value in the postcode is £923.
The MK40 4HL Rental Market has increased by 48.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £923pcm |
| June 2025 | 4.7% | £892pcm |
| June 2024 | 7% | £852pcm |
| June 2023 | 7.7% | £796pcm |
| June 2022 | 8% | £739pcm |
| June 2021 | 7.5% | £685pcm |
| June 2020 | 0.9% | £637pcm |
| June 2019 | -0.1% | £631pcm |
| June 2018 | -2% | £631pcm |
| June 2017 | 3.8% | £644pcm |
| June 2016 | 10.1% | £620pcm |
| June 2015 | 7.5% | £564pcm |
| June 2014 | 4.3% | £525pcm |
| June 2013 | 2.2% | £503pcm |
| June 2012 | 1.7% | £492pcm |
| June 2011 | 0.8% | £484pcm |
| June 2010 | 0% | £480pcm |
| June 2009 | -6.4% | £480pcm |
| June 2008 | 2.1% | £513pcm |
| June 2007 | 0% | £502pcm |
Sales History
The last sale was on 23rd March 2015 for £177,000 and since then the market in the area has increased by 28.9%. The postcode has had a total of 4 sales since 1995.
MK40 4HL has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2015£177,000 | 4 Bed House31, Chester Road, Bedford, MK40 4HL31, Chester Road, Bedford, MK40 4HL
- Sold Dec 2013£92,000 | 2 Bed Flat33A, Chester Road, Bedford, MK40 4HL33A, Chester Road, Bedford, MK40 4HL
- Sold Dec 2004£95,000 | 2 Bed Flat32A, Chester Road, Bedford, MK40 4HL32A, Chester Road, Bedford, MK40 4HL
- Sold Dec 1999£34,500 | 2 Bed Flat32A, Chester Road, Bedford, MK40 4HL32A, Chester Road, Bedford, MK40 4HL
Nearby Postcodes
MK40 4HL is the 349th largest and the 101st most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 4HF, Oldfield Road, Bedford, MK40MK40 4HF1 Addresses|74 m away
- MK40 4PU, Oldfield Road, Bedford, MK40MK40 4PU12 Addresses|94 m away
- MK40 4HD, Oldfield Road, Bedford, MK40MK40 4HD31 Addresses|121 m away
- MK40 4PT, Boyde Gardens, Bedford, MK40MK40 4PT18 Addresses|131 m away
- MK40 4HP, Chester Road, Bedford, MK40MK40 4HP55 Addresses|138 m away
Property Types
- 1 mid-century house built between 1936 and 1979
- 12 mid-century flats built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (1)
- mid-century flat (12)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2019£292,000 | 4 Bed House29, Chester Road, Bedford, MK40 4HP29, Chester Road, Bedford, MK40 4HP
- Sold Mar 2023£180,000 | 2 Bed Flat13, Chester Road, Bedford, MK40 4HP13, Chester Road, Bedford, MK40 4HP
- Sold Mar 2015£177,000 | 4 Bed House31, Chester Road, Bedford, MK40 4HL31, Chester Road, Bedford, MK40 4HL
Schools Nearby
- Westfield Primary School100 m away
- Queen's Park Academy200 m away
- St Francis of Assisi Catholic Primary and Pre-School500 m away
- Biddenham International School and Sports College400 m away
- Bedford Free School1.7 km away
- Daubeney Academy2.3 km away
More reading links
Public Transport Nearby
The closest station to MK40 4HL is Bedford station, which is 900 metres away.
- Bedford|900 m away
- Bedford St Johns|1.8 km away
- Kempston Hardwick|4.8 km away
- Stewartby|7.5 km away