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House Prices in MK2 House Prices in MK2 (Milton Keynes)

The average house price in MK2 (Milton Keynes) is £335,000 using HM Land Registry data.

The average property price increased by £11,705 (24.1%) over the last 5 years and increased by £2,339 (3.68%) over the last 12 months.

Over the last year, there were 95 residential property sales – a decrease of 54 transactions (-56.84%) relative to the previous year. The majority of house sales (22) were in the £218,000 - £262,000 range. Then came properties in the £174,000 - £218,000 range, where 15 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 50 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,080 (-2%).

In May 2025, there were 31 new estate agency instructions, 22 agreed home sales and 18 property price reductions.

Nearby Postcodes: , HP18, HP22, LU5, LU7, MK1, MK10, MK11, MK12, MK13, MK14, MK15, MK16, MK17, MK18, MK19, MK3, MK4, MK43, MK45, MK46, MK5, MK6, MK7, MK77, MK8, MK9, NN12, NN13, NN7, OX27

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

24.1%

Property prices in MK2 (Milton Keynes) increased by 24.1% 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

3.68%

Property prices in MK2 (Milton Keynes) increased by 3.68% 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.

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).

Property Market Heat Gauge for MK2 (Milton Keynes) - May 2025

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)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
41 Pinewood Drive, Bletchley, Milton Keynes, MK2 2HT£350,000£350,000£020 Dec 202430 Jan 202541 Days
37 Celina Close, Bletchley, Milton Keynes, MK2 3LS£290,000£285,000-£5,00022 Jun 202420 Jan 2025212 Days
78 Hunter Drive, Bletchley, Milton Keynes, MK2 3LR£320,000£305,000-£15,00030 Sep 202409 Jan 2025101 Days
1 Napier Street, Bletchley, Milton Keynes, MK2 2NF£275,000£275,000£012 Jun 202407 Jan 2025209 Days
Flat 36, Eden Court, Aylesbury Street, Bletchley, Milton Keynes, MK2 2AQ£85,000£76,000-£9,00013 Jun 202416 Dec 2024186 Days
182 Hunter Drive, Bletchley, Milton Keynes, MK2 3NF£250,000£249,500-£50023 Sep 202406 Dec 202474 Days
3 Stuart Close, Bletchley, Milton Keynes, MK2 2NW£270,000£270,000£023 Aug 202428 Nov 202497 Days
26 Frensham Drive, Bletchley, Milton Keynes, MK2 3AR£350,000£340,000-£10,00020 Feb 202408 Nov 2024262 Days
8 Hunter Drive, Bletchley, Milton Keynes, MK2 3LR£320,000£315,000-£5,00016 Apr 202401 Nov 2024199 Days
4 Church Street, Bletchley, Milton Keynes, MK2 2NY£249,995£243,000-£6,99515 Jul 202428 Oct 2024105 Days
4 Western Road, Bletchley, Milton Keynes, MK2 2PT£214,995£213,750-£1,24523 Jul 201525 Oct 20243382 Days
9 Diddington Close, Bletchley, Milton Keynes, MK2 3EB£84,000£84,000£028 Jun 202424 Oct 2024118 Days
11 Laggan Court, Bletchley, Milton Keynes, MK2 3PF£225,000£225,000£029 Jul 202414 Oct 202477 Days
55 Pinewood Drive, Bletchley, Milton Keynes, MK2 2HT£390,000£387,500-£2,50005 Apr 202427 Sep 2024175 Days
158 Hunter Drive, Bletchley, Milton Keynes, MK2 3NF£300,000£270,000-£30,00014 Aug 202413 Sep 202430 Days
20 Vicarage Road, Bletchley, Milton Keynes, MK2 2EZ£300,000£300,000£006 Jul 202411 Sep 202467 Days
Flat 15, Eden Court, Aylesbury Street, Bletchley, Milton Keynes, MK2 2AQ£92,500£88,000-£4,50012 Jan 202406 Sep 2024238 Days
23 Napier Street, Bletchley, Milton Keynes, MK2 2NF£275,000£270,000-£5,00016 Apr 202427 Aug 2024133 Days
23 Larch Grove, Bletchley, Milton Keynes, MK2 2LG£310,000£295,000-£15,00022 Mar 202416 Aug 2024147 Days
109 Baccara Grove, Bletchley, Milton Keynes, MK2 3AS£349,995£340,000-£9,99522 Feb 202409 Aug 2024169 Days

Most Expensive Streets in MK2 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK2 2UZMill RoadMilton Keynes£1,026,6663
MK2 2EZVicarage Road, BletchleyMilton Keynes£458,7504
MK2 2FRBrick FieldMilton Keynes£455,0504
MK2 2HHLennox RoadMilton Keynes£430,6254
MK2 2XPBristow CloseMilton Keynes£402,5003
MK2 3ABStoke RoadMilton Keynes£386,6005
MK2 2HLLeon AvenueMilton Keynes£384,5006
MK2 2LDMill RoadMilton Keynes£372,8005
MK2 3ADStoke RoadMilton Keynes£364,5005
MK2 2HJEaton AvenueMilton Keynes£361,8333

Least Expensive Streets in MK2 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK2 3FESouthland DriveMilton Keynes£89,3333
MK2 2LSBagshot Court, Clifford AvenueMilton Keynes£103,9449
MK2 2AQEden CourtMilton Keynes£111,32025
MK2 2AFStephenson House, Wetherburn CourtMilton Keynes£114,78510
MK2 2NEBaisley Gardens, Napier Street, Milton KeynesMilton Keynes£131,87512
MK2 2HASt Margarets CourtMilton Keynes£141,5004
MK2 2RUQueenswayMilton Keynes£154,4758
MK2 2UTMikern CloseMilton Keynes£165,0005
MK2 2AWWatling StreetMilton Keynes£165,1427
MK2 2BXMillward DriveMilton Keynes£178,50010

Explore MK2 (Milton Keynes) using map

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