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48 Princes Way is a residential building situated on Princes Way, Bletchley, Milton Keynes, MK2 with 6 addresses.
It ranks as the 99th largest and 93rd most expensive of the 163 buildings in the MK2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
48 Princes Way is a residential building situated on Princes Way, Bletchley, Milton Keynes, MK2 with 6 addresses.
It ranks as the 99th largest and 93rd most expensive of the 163 buildings in the MK2 area. The dominant property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
Sale prices range from £175,909 for 2 bedroom leasehold flats with a balcony (538 ft2) to £177,538 for 2 bedroom leasehold flats with a balcony (548 ft2) .
Monthly rental prices range from £937 pcm for 2 bed flats to £941 pcm for 2 bed flats.
The gross rental yield is between 6.4% and 6.4%.
The average value per square foot is £325.
The last sale in 48 Princes Way sold for £169,000 on 5th October 2023. Since then prices are down an average of 3.1%.
The current average value in the building is £176,724.
The 48 Princes Way Sales Market has increased by 9.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -0.6% | £176,724 |
| May 2025 | -0.8% | £177,757 |
| May 2024 | -3% | £179,248 |
| May 2023 | 1.3% | £184,752 |
| May 2022 | 8.7% | £182,435 |
| May 2021 | 0.8% | £167,801 |
| May 2020 | -1% | £166,552 |
| May 2019 | -2.1% | £168,259 |
| May 2018 | 1.8% | £171,941 |
| May 2017 | 4.2% | £168,953 |
| May 2016 | 15.3% | £162,132 |
| May 2015 | 8.1% | £140,588 |
| May 2014 | 9% | £130,053 |
| May 2013 | 1.2% | £119,263 |
| May 2012 | 0.1% | £117,842 |
| May 2011 | 0.7% | £117,752 |
| May 2010 | 4.7% | £116,964 |
| May 2009 | -14.9% | £111,703 |
| May 2008 | -4% | £131,258 |
| May 2007 | 0% | £136,690 |
The current average rental value in the building is £939.
The 48 Princes Way Rental Market has increased by 25.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.4% | £939pcm |
| May 2025 | 0.6% | £917pcm |
| May 2024 | 6.5% | £912pcm |
| May 2023 | 7.7% | £856pcm |
| May 2022 | 6.5% | £795pcm |
| May 2021 | 0.2% | £746pcm |
| May 2020 | 2.5% | £745pcm |
| May 2019 | -1.3% | £726pcm |
| May 2018 | -0.2% | £736pcm |
| May 2017 | -1.2% | £738pcm |
| May 2016 | 7.7% | £747pcm |
| May 2015 | 6.9% | £694pcm |
| May 2014 | 2% | £649pcm |
| May 2013 | 3.2% | £637pcm |
| May 2012 | 0.5% | £617pcm |
| May 2011 | 2.2% | £614pcm |
| May 2010 | 1.4% | £601pcm |
| May 2009 | -7.3% | £593pcm |
| May 2008 | 2.7% | £639pcm |
| May 2007 | 0% | £623pcm |
The last sale was on 5th October 2023 for £169,000 and since then the market in the area has decreased by 3.1%. The building has had a total of 8 sales since 1995.
48, Princes Way, Bletchley, Milton Keynes, MK2 2ER has seen 1 sale in the last three years and no sales in the last twelve months.
The closest station to 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER is Bletchley station which is 600 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.