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House Prices in MK2

The average house price in MK2 (Milton Keynes) is £303,599 using HM Land Registry data.

The average property price increased by £6,049 (3.08%) over the last 5 years and increased by £1,210 (0.6%) over the last 12 months.

Over the last year, there were 110 residential property sales – a decrease of 31 transactions (-28.18%) relative to the previous year. The majority of house sales (24) were in the £298,000 - £344,000 range. Then came properties in the £252,000 - £298,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,083 (-2%).

In Jul 2026, there were 38 new estate agency instructions, 18 agreed home sales and 32 property price reductions.

5-Year Average Property Prices in MK2 (Milton Keynes)

3.08%

Property prices in MK2 (Milton Keynes) increased by 3.08% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in MK2 (Milton Keynes) Over the Last Year

0.6%

Property prices in MK2 (Milton Keynes) increased by 0.6% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for MK2 (Milton Keynes) - Jul 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in MK2 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in MK2 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in MK2 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the MK2 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK2 postcode area since 1995.

Recent Sales in MK2 (Milton Keynes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
22 Bowling Green Close, Milton Keynes, MK2 2FG	£375,000	£355,000	-£20,000	29 Dec 2025	28 May 2026	150 Days
54 Arrow Place, Milton Keynes, MK2 3PE	£229,995	£229,995	£0	07 Oct 2025	18 May 2026	223 Days
30 Frensham Drive, Milton Keynes, MK2 3AR	£365,000	£350,000	-£15,000	27 Aug 2025	14 May 2026	260 Days
34 Drayton Road, Milton Keynes, MK2 3EJ	£280,000	£273,000	-£7,000	23 Dec 2025	01 May 2026	129 Days
Flat 6, Stephenson House, Wetherburn Court, Milton Keynes, MK2 2AF	£41,250	£41,250	£0	04 Sep 2025	29 Apr 2026	237 Days
21 Meriland Court, Milton Keynes, MK2 3PD	£220,000	£215,000	-£5,000	26 Dec 2025	24 Apr 2026	119 Days
Flat 2, 81 Lapwing House, Millward Drive, Milton Keynes, MK2 2DB	£185,000	£180,000	-£5,000	30 May 2025	17 Apr 2026	322 Days
26 Eden Court, Milton Keynes, MK2 2AQ	£117,000	£116,000	-£1,000	10 Nov 2025	17 Apr 2026	158 Days
17 Baccara Grove, Milton Keynes, MK2 3AS	£400,000	£390,000	-£10,000	08 Aug 2025	02 Apr 2026	237 Days
21 Chestnut Crescent, Milton Keynes, MK2 2JZ	£325,000	£317,000	-£8,000	27 Dec 2025	02 Apr 2026	96 Days
42 Tavistock Street, Milton Keynes, MK2 2PF	£280,000	£280,000	£0	24 Oct 2025	27 Mar 2026	154 Days
72 Stoke Road, Milton Keynes, MK2 3AD	£485,000	£470,000	-£15,000	09 Oct 2025	27 Mar 2026	169 Days
51 Brooklands Road, Milton Keynes, MK2 2RH	£315,000	£315,000	£0	09 Jan 2026	20 Mar 2026	70 Days
12 Garry Close, Milton Keynes, MK2 3HA	£250,000	£245,000	-£5,000	28 Oct 2025	03 Mar 2026	126 Days
37 Mill Road, Milton Keynes, MK2 2LB	£475,000	£450,000	-£25,000	17 Jun 2025	04 Feb 2026	232 Days
5 Clifford Avenue, Milton Keynes, MK2 2LT	£390,000	£382,500	-£7,500	23 Jul 2025	30 Jan 2026	191 Days
Flat 7, 75 Cormorant House, Millward Drive, Milton Keynes, MK2 2DB	£200,000	£195,000	-£5,000	14 Aug 2025	30 Jan 2026	169 Days
35 Bettina Grove, Milton Keynes, MK2 3AW	£295,000	£290,000	-£5,000	13 Oct 2025	21 Jan 2026	100 Days
1 Tavistock Street, Milton Keynes, MK2 2PE	£270,000	£263,000	-£7,000	28 May 2025	16 Jan 2026	233 Days
59 Western Road, Milton Keynes, MK2 2PR	£300,000	£295,000	-£5,000	28 May 2025	15 Jan 2026	232 Days

Most Expensive Streets in MK2 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK2 2UZ	Mill Road	Milton Keynes	£1,026,666	3
MK2 2EZ	Vicarage Road, Bletchley	Milton Keynes	£508,333	3
MK2 2HL	Leon Avenue	Milton Keynes	£442,333	3
MK2 3AD	Stoke Road	Milton Keynes	£415,625	4
MK2 2HH	Lennox Road	Milton Keynes	£399,166	3
MK2 2LB	Mill Road	Milton Keynes	£388,750	4
MK2 2LQ	Larch Grove, Bletchley	Milton Keynes	£387,500	3
MK2 2HN	Eaton Avenue, Bletchley	Milton Keynes	£382,437	12
MK2 2LT	Clifford Avenue	Milton Keynes	£376,500	5
MK2 3AB	Stoke Road	Milton Keynes	£376,285	7

Least Expensive Streets in MK2 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK2 2AH	Beacon Place, Bletchley	Milton Keynes	£58,533	9
MK2 2AQ	Eden Court	Milton Keynes	£106,760	25
MK2 2LS	Bagshot Court, Clifford Avenue	Milton Keynes	£108,208	12
MK2 2AF	Stephenson House, Wetherburn Court	Milton Keynes	£108,944	9
MK2 2NE	Baisley Gardens, Napier Street, Milton Keynes	Milton Keynes	£134,772	11
MK2 2HA	St Margarets Court	Milton Keynes	£135,333	3
MK2 2RU	Queensway, Bletchley	Milton Keynes	£155,000	3
MK2 3PA	Watten Court, Bletchley	Milton Keynes	£164,060	4
MK2 2AW	Watling Street	Milton Keynes	£164,600	5
MK2 2BX	Millward Drive	Milton Keynes	£165,000	12