MK41 7FR is a residential postcode situated on Hanwell Place, Bedford, MK41 with 7 addresses.
It ranks as the 178th largest and 53rd most expensive of the 1,000 postcodes in the MK41 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
MK41 7FR is a residential postcode situated on Hanwell Place, Bedford, MK41 with 7 addresses.
It ranks as the 178th largest and 53rd most expensive of the 1,000 postcodes in the MK41 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 7 properties: 7 flats.
Sale prices range from £128,616 for 1 bedroom leasehold flats (473 ft2) to £200,348 for 3 bedroom leasehold flats (796 ft2) .
Monthly rental prices range from £717 pcm for 1 bed flats to £1,023 pcm for 3 bed flats.
The gross rental yield is between 6.1% and 6.7%.
The average value per square foot is £256.
The last sale in MK41 7FR sold for £74,000 on 5th April 2019. Since then prices are up an average of 10.6%.
The current average value in the postcode is £169,056.
The MK41 7FR Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.4% | £169,056 |
| May 2025 | 1.7% | £168,316 |
| May 2024 | -0.7% | £165,522 |
| May 2023 | 0.3% | £166,664 |
| May 2022 | 6.8% | £166,151 |
| May 2021 | 2.8% | £155,630 |
| May 2020 | 0.3% | £151,409 |
| May 2019 | -0.4% | £151,031 |
| May 2018 | 1.2% | £151,574 |
| May 2017 | 6% | £149,851 |
| May 2016 | 10.1% | £141,420 |
| May 2015 | 9.5% | £128,430 |
| May 2014 | 8.2% | £117,329 |
| May 2013 | -0.5% | £108,396 |
| May 2012 | -1.8% | £108,952 |
| May 2011 | -0.7% | £110,998 |
| May 2010 | 5.3% | £111,788 |
| May 2009 | -13.9% | £106,160 |
| May 2008 | -0.2% | £123,299 |
| May 2007 | 0% | £123,591 |
The current average rental value in the postcode is £876.
The MK41 7FR Rental Market has increased by 30.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.1% | £876pcm |
| May 2025 | 3.7% | £866pcm |
| May 2024 | 7.5% | £835pcm |
| May 2023 | 6.7% | £777pcm |
| May 2022 | 3.8% | £728pcm |
| May 2021 | 5.3% | £702pcm |
| May 2020 | 0.6% | £666pcm |
| May 2019 | 0% | £663pcm |
| May 2018 | -3.3% | £663pcm |
| May 2017 | 2.4% | £685pcm |
| May 2016 | 9.2% | £669pcm |
| May 2015 | 6.1% | £613pcm |
| May 2014 | 2.8% | £577pcm |
| May 2013 | 1.3% | £561pcm |
| May 2012 | 0.4% | £554pcm |
| May 2011 | 1.2% | £552pcm |
| May 2010 | -1.6% | £545pcm |
| May 2009 | -7.5% | £554pcm |
| May 2008 | 3.1% | £599pcm |
| May 2007 | 0% | £581pcm |
The last sale was on 5th April 2019 for £74,000 and since then the market in the area has increased by 10.6%. The postcode has had a total of 6 sales since 1995.
MK41 7FR has seen no sales in the last three years and no sales in the last twelve months.
MK41 7FR is the 178th largest and the 53rd most expensive postcode out of the 1,000 postcodes in the MK41 area.
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The closest station to MK41 7FR is Bedford station which is 4.0 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK41 7FR, 38.1% of property is privately owned with a mortgage and 30.2% is privately owned outright.
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 MK41 7FR, 21.2% of residents are recorded as possessing school level qualifications and 43.6% 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 MK41 7FR, the average age was 42.4 and the most common age was 52.
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 MK41 7FR, 1.7% 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 MK41 7FR, there are an average of 1.7 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.