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Bletchley House Prices Bletchley House Prices

The average house price in Bletchley is £294,710 using HM Land Registry data.

The average property price increased by £65,532 (24.33%) over the last 5 years and increased by £13,097 (4.07%) over the last 12 months.

Over the last year, there were 414 residential property sales – a decrease of 221 transactions (-53.38%) relative to the previous year. The majority of house sales (89) were in the £282,000 - £338,000 range. Then came properties in the £338,000 - £394,000 range, where 79 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 97 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,864 (-2%).

In April 2024, there were 86 new estate agency instructions, 57 agreed home sales and 49 property price reductions.

Neighbouring Areas: Milton Keynes

Postcodes Covered: MK1, MK17, MK2, MK3, MK6

5-Year Average Property Prices in Bletchley

24.33%

Property prices in Bletchley increased by 24.33% 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 Bletchley Over the Last Year

4.07%

Property prices in Bletchley increased by 4.07% 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 Bletchley - April 2024

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 Bletchley

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 Bletchley

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 Bletchley

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 Bletchley since 1995

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

Recent Property Sales in Bletchley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
30 Milton Grove, Bletchley, Milton Keynes, MK3 5BH£315,000£315,000£0030 May 202326 Feb 2024272 Days
4 Kipling Road, Bletchley, Milton Keynes, MK3 5AT£230,000£230,000£0016 Oct 202309 Feb 2024116 Days
53 Melfort Drive, Bletchley, Milton Keynes, MK2 3QB£220,000£210,000-£10,00013 Sep 202307 Feb 2024147 Days
41 Tiffany Close, Bletchley, Milton Keynes, MK2 3LZ£280,000£270,000-£10,00027 Oct 202325 Jan 202490 Days
33 Epsom Grove, Bletchley, Milton Keynes, MK3 5NR£240,000£225,000-£15,00004 Jan 202305 Jan 2024366 Days
11 Leven Close, Bletchley, Milton Keynes, MK2 3DS£210,000£195,000-£15,00017 Aug 202320 Dec 2023125 Days
2 The Crescent, Bletchley, Milton Keynes, MK2 2QD£375,000£375,000£0028 Jul 202319 Dec 2023144 Days
44 Santen Grove, Bletchley, Milton Keynes, MK2 3NT£220,000£204,000-£16,00002 Nov 202315 Dec 202343 Days
7 Shaftesbury Crescent, Bletchley, Milton Keynes, MK3 6LH£265,000£255,000-£10,00031 Aug 202315 Dec 2023106 Days
106 Whalley Drive, Bletchley, Milton Keynes, MK3 6HU£485,000£470,000-£15,00009 Aug 202314 Dec 2023127 Days
74 Hunter Drive, Bletchley, Milton Keynes, MK2 3LR£290,000£275,000-£15,00012 Apr 202308 Dec 2023240 Days
3 Diddington Close, Bletchley, Milton Keynes, MK2 3EB£260,000£260,000£0027 Jun 202330 Nov 2023156 Days
1 Maple Grove, Bletchley, Milton Keynes, MK2 2JB£325,000£320,000-£5,00013 Jul 202330 Nov 2023140 Days
5 Hamilton Lane, Bletchley, Milton Keynes, MK3 5LU£425,000£365,000-£60,00010 Sep 202130 Nov 2023811 Days
37 Leon Avenue, Bletchley, Milton Keynes, MK2 2HL£450,000£415,000-£35,00021 Aug 202329 Nov 2023100 Days
13 Arbroath Close, Bletchley, Milton Keynes, MK3 7ST£290,000£280,000-£10,00014 Jul 202328 Nov 2023137 Days
8 Tees Way, Bletchley, Milton Keynes, MK3 7PU£325,000£320,000-£5,00010 Aug 202327 Nov 2023109 Days
29 Portrush Close, Bletchley, Milton Keynes, MK3 7SA£265,000£255,000-£10,00019 Aug 202324 Nov 202397 Days
128 Sutherland Grove, Bletchley, Milton Keynes, MK3 7NX£300,000£300,000£0031 Aug 202324 Nov 202385 Days
34 Turnberry Close, Bletchley, Milton Keynes, MK3 7RL£400,000£395,000-£5,00024 Aug 202323 Nov 202391 Days

Most Expensive Streets in Bletchley

PostcodeStreetAreaAverageNo. of Sales
MK2 2UZMill RoadBletchley£1,026,6663
MK3 7RWWentworth WayBletchley£742,0005
MK3 5NTHuntingdon CrescentBletchley£658,3336
MK17 9GRClements DriveEaton Leys£589,89510
MK3 6DEChurch Green RoadBletchley£586,6663
MK17 9GBBurgess AvenueEaton Leys£581,58611
MK3 6DDChurch Green RoadBletchley£534,0004
MK3 5RFRamsey CrescentNewton Leys£516,2016
MK2 2EZVicarage RoadBletchley£511,6663
MK3 6DJElmers ParkBletchley£511,6663

Least Expensive Streets in Bletchley

PostcodeStreetAreaAverageNo. of Sales
MK3 7EQYorkshire CloseBletchley£89,9378
MK2 2AFStephenson HouseWetherburn Court£91,4756
MK2 3FESouthland DriveBletchley£94,5004
MK2 2YZFindlay WayBletchley£100,0007
MK3 5GAAnglesey ViewNewton Leys£100,4287
MK2 2LSBagshot CourtClifford Avenue£112,59011
MK2 2AQEden CourtAylesbury Street, Bletchley£114,40020
MK3 5NDChepstow DriveBletchley£127,0003
MK2 2HASt. Margarets CourtVicarage Road£135,0003
MK2 2NEBaisley GardensBletchley£136,2508

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