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Castle Lane is a residential street with 148 addresses.
It ranks as the 378th largest and 99th most expensive of the 402 streets in the MK40 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 148 properties: 3 houses and 145 flats.
Castle Lane is a residential street with 148 addresses.
It ranks as the 378th largest and 99th most expensive of the 402 streets in the MK40 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 148 properties: 3 houses and 145 flats.
Sale prices range from £135,783 for 1 bedroom Leasehold flats with a garden (473 ft2) to £336,306 for 2 bedroom leasehold flats with a roof terrace and balcony (812 ft2) .
Monthly rental prices range from £740 pcm for 1 bed flats to £1,469 pcm for 2 bed flats.
The gross rental yield is between 5.0% and 6.8%.
The average value per square foot is £311.
The last sale on Castle Lane sold for £173,000 on 12th May 2025. Since then prices are down an average of 0.4%.
The current average value in the street is £206,064.
The Castle Lane Sales Market has increased by 15.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 0.1% | £206,064 |
| May 2025 | 0.9% | £205,878 |
| May 2024 | 0.5% | £204,001 |
| May 2023 | -1.5% | £203,056 |
| May 2022 | 7.7% | £206,197 |
| May 2021 | 2.2% | £191,542 |
| May 2020 | 0.8% | £187,425 |
| May 2019 | -2.6% | £185,876 |
| May 2018 | 0.6% | £190,920 |
| May 2017 | 6% | £189,731 |
| May 2016 | 11.5% | £179,029 |
| May 2015 | 7.2% | £160,619 |
| May 2014 | 7.9% | £149,843 |
| May 2013 | 0.9% | £138,877 |
| May 2012 | -1.2% | £137,628 |
| May 2011 | 0.6% | £139,324 |
| May 2010 | 4% | £138,504 |
| May 2009 | -16.6% | £133,209 |
| May 2008 | 1.1% | £159,696 |
| May 2007 | 0% | £157,892 |
The current average rental value in the street is £922.
The Castle Lane Rental Market has increased by 35.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.7% | £922pcm |
| May 2025 | 3.9% | £906pcm |
| May 2024 | 7.5% | £872pcm |
| May 2023 | 7.2% | £812pcm |
| May 2022 | 4.5% | £758pcm |
| May 2021 | 5.6% | £725pcm |
| May 2020 | 0.7% | £687pcm |
| May 2019 | 0.2% | £682pcm |
| May 2018 | -2.9% | £680pcm |
| May 2017 | 3% | £701pcm |
| May 2016 | 9.3% | £680pcm |
| May 2015 | 6.2% | £622pcm |
| May 2014 | 3% | £586pcm |
| May 2013 | 1.2% | £569pcm |
| May 2012 | 0.8% | £562pcm |
| May 2011 | 1.1% | £558pcm |
| May 2010 | -1.4% | £552pcm |
| May 2009 | -7.3% | £560pcm |
| May 2008 | 3.3% | £604pcm |
| May 2007 | 0% | £584pcm |
The last sale was on 12th May 2025 for £173,000 and since then the market in the area has decreased by 0.4%. The street has had a total of 171 sales since 1995.
Castle Lane, Bedford, MK40 has seen 6 sales in the last three years and no sales in the last twelve months.
Castle Lane, Bedford, MK40 is the 378th largest and the 99th most expensive street in the MK40 area.
There are 7 postcodes on Castle Lane, Bedford, MK40.
The closest station to Castle Lane, Bedford, MK40 is Bedford St Johns station which is 800 metres away.
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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.
The recent census recorded whether a resident owned or rented their home.
In the area around Castle Lane, Bedford, MK40, 56.8% of property is privately rented and 16.2% 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 Castle Lane, Bedford, MK40, 11.7% of residents are recorded as possessing school level qualifications and 52.6% 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 Castle Lane, Bedford, MK40, the average age was 38.6 and the most common age was 27.
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 Castle Lane, Bedford, MK40, 1.6% 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 Castle Lane, Bedford, MK40, there are an average of 0.9 cars per household.
See below for how this compares to East of England and the rest of England & Wales.