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House Prices in MK2

The average house price in MK2 (Milton Keynes) is £355,400 using HM Land Registry data.

The average property price increased by £6,395 (3.08%) over the last 5 years and increased by £1,279 (0.6%) over the last 12 months.

Over the last year, there were 120 residential property sales – a decrease of 19 transactions (-15.83%) relative to the previous year. The majority of house sales (26) were in the £304,000 - £352,000 range. Then came properties in the £256,000 - £304,000 range, where 23 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 60 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,378 (-2%).

In Aug 2026, there were 30 new estate agency instructions, 16 agreed home sales and 15 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) - Aug 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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
6 Leon Avenue, Milton Keynes, MK2 2HL	£450,000	£440,000	-£10,000	08 Jul 2025	12 Jun 2026	339 Days
23 Melfort Drive, Bletchley, MK2 3QB	£230,000	£229,000	-£1,000	11 Nov 2025	09 Jun 2026	210 Days
22 Bowling Green Close, Milton Keynes, MK2 2FG	£375,000	£355,000	-£20,000	29 Dec 2025	28 May 2026	150 Days
16 Mikern Close, Milton Keynes, MK2 2UT	£190,000	£185,000	-£5,000	03 Dec 2025	28 May 2026	176 Days
13 Nevis Grove, Milton Keynes, MK2 3NX	£240,000	£237,500	-£2,500	28 Jan 2026	22 May 2026	114 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
26 Western Road, Milton Keynes, MK2 2PT	£295,000	£295,000	£0	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
23 Frensham Drive, Bletchley, MK2 3AP	£325,000	£315,000	-£10,000	30 Mar 2025	06 Mar 2026	341 Days
12 Garry Close, Milton Keynes, MK2 3HA	£250,000	£245,000	-£5,000	28 Oct 2025	03 Mar 2026	126 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	£422,400	5
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 3AD	Stoke Road, Bletchley	Milton Keynes	£383,500	5
MK2 2HN	Eaton Avenue, Bletchley	Milton Keynes	£377,634	13
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	£135,208	12
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 2BX	Millward Drive	Milton Keynes	£164,230	13
MK2 2AW	Watling Street	Milton Keynes	£164,600	5