Postcode MK40 1LR is located in an urban city, within the Greyfriars ward of Bedford in the East of England region, and forms part of the Castle & Kingsway area. It has very high deprivation and very high crime levels, with around 304.3 crimes per 1,000 residents per year. The average income per household in Castle & Kingsway is £50,852 per year. The nearest station is Bedford located about 0.3 miles away. There are 9 primary and 1 secondary schools in the area. There are 1 parks nearby, closest medium park is St Mary's Gardens.
Castle & Kingsway has a very high level of deprivation, ranked at position 2,035 out of 32,844 areas in the United Kingdom — placing it within the top 6% most deprived areas in England.
Castle & Kingsway has a very high crime rate, with approximately 304.3 reported incidents per 1,000 population each year.
Approximately 53.2% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 17.3% of dwellings are socially rented.
The average income per household in Castle & Kingsway is £50,852 per year.
High noise level (70.0-74.9 dB) from road, approximately 105 ft away from MK40 1LR.
Castle & Kingsway near MK40 1LR has low flood risk (between 0.1% and 1% chance of a flood each year) from rivers and sea.
The nearest station is Bedford located about 0.3 miles away. There are 2 stations nearby.
| Distance | Name | Lines | Directions |
|---|---|---|---|
| 0.3 mi | Bedford | N/A | Walking directions to Bedford |
| 0.6 mi | Bedford St Johns | N/A | Walking directions to Bedford St Johns |
| Distance | Name | Size | Directions |
|---|---|---|---|
| 0.3 mi | St Mary's Gardens | Medium | Walking directions to St Mary's Gardens |
Based on 19 recent sales, the median property price is £162,500 in Greyfriars area, with individual transactions ranging from £75,000 up to £315,000.
Price distribution per property type (last year)
Median sale price and percentiles per property type (last year)
| Type | Sales | Median |
|---|---|---|
| Flats | 15 | £160,000 |
| Terraced | 4 | £215,550 |
10 year median price trend in Greyfriars
In the MK40 1LR postcode area, located within Castle & Kingsway, there are 9 primary and 1 secondary schools in close proximity.
15 nearby supermarkets & convenience stores within mi of MK40 1LR
| Distance | Name | Address | Directions |
|---|---|---|---|
| 0 mi | International Mini Market | 6 Thurlow Street, Bedford, MK40 1LR | Walking directions to International Mini Market |
| 0 mi | Essential Supermarket | 10 Thurlow Street, Bedford, MK40 1LR | Walking directions to Essential Supermarket |
| 0 mi | Kubus-Timisoreana | 12-16 Greyfriars, Bedford, MK40 1HP | Walking directions to Kubus-Timisoreana |
| 0 mi | QD | 22,24,26,28,30 Greyfriars, Bedford, MK40 1HP | Walking directions to QD |
| 0.1 mi | Liana International Market | Midland Road, Bedford, MK40 1PR | Walking directions to Liana International Market |
Annual council tax rates for Bedford district (2025-26).
Council tax bands are based on the value of your property. Most homes fall into bands A to D.
All data is sourced from official UK government agencies and public datasets. Last updated: 16/01/2026.