MK41 7JY is a residential postcode situated on Martin Close, Bedford, MK41 with 22 addresses.
It ranks as the 662nd largest and 440th most expensive of the 995 postcodes in the MK41 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
MK41 7JY is a residential postcode situated on Martin Close, Bedford, MK41 with 22 addresses.
It ranks as the 662nd largest and 440th most expensive of the 995 postcodes in the MK41 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 22 properties: 22 houses.
Sale prices range from £314,863 for 3 bedroom freehold houses with a garden (936 ft2) to £369,909 for 3 bedroom freehold houses with a garden (1,097 ft2) .
Monthly rental prices range from £1,381 pcm for 3 bed houses to £1,538 pcm for 3 bed houses.
The gross rental yield is between 5.0% and 5.4%.
The average value per square foot is £373.
The last sale in MK41 7JY sold for £240,000 on 22nd August 2017. Since then prices are up an average of 25.7%.
The current average value in the postcode is £330,334.
The MK41 7JY Sales Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.9% | £330,334 |
| April 2025 | 2.3% | £327,295 |
| April 2024 | -1.7% | £319,873 |
| April 2023 | 3.8% | £325,317 |
| April 2022 | 9.9% | £313,455 |
| April 2021 | 5.3% | £285,121 |
| April 2020 | 0.4% | £270,899 |
| April 2019 | 0.7% | £269,755 |
| April 2018 | 3.1% | £267,776 |
| April 2017 | 8.7% | £259,788 |
| April 2016 | 11.3% | £239,034 |
| April 2015 | 10.4% | £214,790 |
| April 2014 | 10.1% | £194,609 |
| April 2013 | 1.8% | £176,782 |
| April 2012 | 1.2% | £173,725 |
| April 2011 | -2.5% | £171,610 |
| April 2010 | 9% | £175,927 |
| April 2009 | -14.4% | £161,429 |
| April 2008 | 2% | £188,480 |
| April 2007 | 0% | £184,706 |
The current average rental value in the postcode is £1,427.
The MK41 7JY Rental Market has increased by 48.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.3% | £1,427pcm |
| April 2025 | 4.6% | £1,409pcm |
| April 2024 | 7.2% | £1,347pcm |
| April 2023 | 9% | £1,256pcm |
| April 2022 | 6.9% | £1,152pcm |
| April 2021 | 8.3% | £1,077pcm |
| April 2020 | 0.2% | £994pcm |
| April 2019 | 0.6% | £992pcm |
| April 2018 | -1.8% | £986pcm |
| April 2017 | 4.7% | £1,003pcm |
| April 2016 | 10.7% | £958pcm |
| April 2015 | 6.3% | £865pcm |
| April 2014 | 4% | £814pcm |
| April 2013 | 3.7% | £782pcm |
| April 2012 | 3.9% | £754pcm |
| April 2011 | 0.2% | £726pcm |
| April 2010 | 0.6% | £724pcm |
| April 2009 | -6.3% | £720pcm |
| April 2008 | 4.3% | £769pcm |
| April 2007 | 0% | £737pcm |
The last sale was on 22nd August 2017 for £240,000 and since then the market in the area has increased by 25.7%. The postcode has had a total of 14 sales since 1995.
MK41 7JY has seen no sales in the last three years and no sales in the last twelve months.
MK41 7JY is the 662nd largest and the 440th most expensive postcode out of the 995 postcodes in the MK41 area.
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The closest station to MK41 7JY is Bedford station which is 2.3 kilometres away.
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According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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.
The recent census recorded whether a resident owned or rented their home.
In the area around MK41 7JY, 55.2% of property is privately owned outright and 38.8% 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 MK41 7JY, 15.1% of residents are recorded as possessing school level qualifications and 36.4% 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 7JY, the average age was 44.7 and the most common age was 57.
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 7JY, 0.0% 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 MK41 7JY, there are an average of 1.5 cars per household.
See below for how this compares to East of England and the rest of England & Wales.