Chester Road - MK40 4HP
Key Postcode Insights
MK40 4HP is a residential postcode situated on Chester Road, Bedford, MK40 with 55 addresses.
It ranks as the 781st largest and 193rd 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 55 properties: 3 houses and 52 flats.
- Ave. Sale Price
- £176,037
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £973pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
MK40 4HP is a residential postcode situated on Chester Road, Bedford, MK40 with 55 addresses.
It ranks as the 781st largest and 193rd 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 55 properties: 3 houses and 52 flats.
- Ave. Sale Price
- £176,037
- 10 Year change
- up 19.4%
- Ave. Rental Price
- £973pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £256/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Properties in MK40 4HP
- 1 Chester Road
4 Bed Mid-century House
- 2 Chester Road
Building  |  2 Flats
- 3 Chester Road
Building  |  2 Flats
- 4 Chester Road
Building  |  2 Flats
- 5 Chester Road
Building  |  2 Flats
Sales Market Trends
The last sale in MK40 4HP sold for £175,000 on 24th October 2025. Since then prices are up an average of 0.3%.
The current average value in the postcode is £176,037.
The MK40 4HP Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £176,037 |
| June 2025 | 1.5% | £175,910 |
| June 2024 | 0.4% | £173,258 |
| June 2023 | -1.2% | £172,649 |
| June 2022 | 9.5% | £174,674 |
| June 2021 | 3.7% | £159,551 |
| June 2020 | 0.7% | £153,891 |
| June 2019 | -2.9% | £152,811 |
| June 2018 | 1.1% | £157,425 |
| June 2017 | 5.6% | £155,679 |
| June 2016 | 13.1% | £147,419 |
| June 2015 | 6.7% | £130,314 |
| June 2014 | 8.7% | £122,083 |
| June 2013 | 2.1% | £112,320 |
| June 2012 | -0.2% | £110,058 |
| June 2011 | 0.3% | £110,297 |
| June 2010 | 4.7% | £109,955 |
| June 2009 | -14.5% | £104,972 |
| June 2008 | -0.8% | £122,765 |
| June 2007 | 0% | £123,799 |
Rental Market Trends
The current average rental value in the postcode is £973.
The MK40 4HP Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £973pcm |
| June 2025 | 4.4% | £942pcm |
| June 2024 | 6.9% | £902pcm |
| June 2023 | 7.7% | £844pcm |
| June 2022 | 7% | £783pcm |
| June 2021 | 7% | £732pcm |
| June 2020 | 0.9% | £684pcm |
| June 2019 | 0% | £679pcm |
| June 2018 | -2.2% | £679pcm |
| June 2017 | 3.2% | £694pcm |
| June 2016 | 9.5% | £673pcm |
| June 2015 | 7.1% | £614pcm |
| June 2014 | 3.8% | £574pcm |
| June 2013 | 2.1% | £552pcm |
| June 2012 | 1.3% | £541pcm |
| June 2011 | 1% | £534pcm |
| June 2010 | 0.1% | £529pcm |
| June 2009 | -6.5% | £528pcm |
| June 2008 | 2.3% | £564pcm |
| June 2007 | 0% | £551pcm |
Sales History
The last recorded sale was on 24th October 2025 for £175,000 and since then the market in the area has increased by 0.3%.
MK40 4HP has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Oct 2025£175,000 | 2 Bed Flat6, Chester Road, Bedford, MK40 4HP6, Chester Road, Bedford, MK40 4HP
- Sold Mar 2023£180,000 | 2 Bed Flat13, Chester Road, Bedford, MK40 4HP13, Chester Road, Bedford, MK40 4HP
- Sold Nov 2019£292,000 | 4 Bed House29, Chester Road, Bedford, MK40 4HP29, Chester Road, Bedford, MK40 4HP
Nearby Postcodes
MK40 4HP is the 781st largest and the 193rd most expensive postcode out of the 835 postcodes in the MK40 area.
- MK40 4HF, Oldfield Road, Bedford, MK40MK40 4HF1 Address|65 m away
- MK40 4PT, Boyde Gardens, Bedford, MK40MK40 4PT18 Addresses|73 m away
- MK40 4PU, Oldfield Road, Bedford, MK40MK40 4PU12 Addresses|104 m away
- MK40 4HR, Carlisle Road, Bedford, MK40MK40 4HR38 Addresses|110 m away
- MK40 4HU, Carlisle Road, Bedford, MK40MK40 4HU43 Addresses|128 m away
Property Types
- 3 mid-century houses built between 1936 and 1979
- 52 mid-century flats built between 1936 and 1979
- mid-century house (3)
- mid-century flat (52)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 50 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (42)
- G (0)
- D (8)
- No EPC (5)
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 School200 m away
- Queen's Park Academy300 m away
- St Francis of Assisi Catholic Primary and Pre-School600 m away
- Biddenham International School and Sports College600 m away
- Bedford Free School1.7 km away
- Daubeney Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to MK40 4HP is Bedford station, which is 900 metres away.
- Bedford|900 m away
- Bedford St Johns|1.7 km away
- Kempston Hardwick|4.6 km away
- Stewartby|7.4 km away
