48, Princes Way - MK2 2ER
Key Building Insights
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 96th most expensive of the 163 buildings in the MK2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £174,587
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 26.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Building Insights
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 96th most expensive of the 163 buildings in the MK2 area. The most common property type is a modern flat built after 1980.
The building contains a total of 6 properties: 6 flats.
- Ave. Sale Price
- £174,587
- 10 Year change
- up 7.9%
- Ave. Rental Price
- £923pcm
- 10 Year change
- up 26.1%
- Ave. £ per ft²
- £321/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Properties on Princes Way, Bletchley, Milton Keynes, MK2
- Flat 1, 48 Princes Way
2 Bed Modern Flat
- Flat 2, 48 Princes Way
2 Bed Modern Flat
- Flat 3, 48 Princes Way
2 Bed Modern Flat
- Flat 4, 48 Princes Way
2 Bed Modern Flat
- Flat 5, 48 Princes Way
2 Bed Modern Flat
Sales Market Trends
The last sale in 48, Princes Way sold for £169,000 on 5th October 2023. Since then prices are down an average of 3.5%.
The current average value in the building is £174,587.
The 48, Princes Way Sales Market has increased by 7.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -1.5% | £174,587 |
| July 2025 | -1.3% | £177,237 |
| July 2024 | -2.1% | £179,643 |
| July 2023 | 0.6% | £183,529 |
| July 2022 | 8.7% | £182,429 |
| July 2021 | 1.8% | £167,843 |
| July 2020 | -0.5% | £164,808 |
| July 2019 | -2.8% | £165,563 |
| July 2018 | 2.1% | £170,326 |
| July 2017 | 3% | £166,792 |
| July 2016 | 14.8% | £161,878 |
| July 2015 | 7.5% | £140,986 |
| July 2014 | 11.3% | £131,176 |
| July 2013 | 0.8% | £117,843 |
| July 2012 | -0.6% | £116,942 |
| July 2011 | 0.3% | £117,677 |
| July 2010 | 5% | £117,278 |
| July 2009 | -11.8% | £111,650 |
| July 2008 | -7.6% | £126,531 |
| July 2007 | 0% | £136,962 |
Rental Market Trends
The current average rental value in the building is £923.
The 48, Princes Way Rental Market has increased by 26.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 2.3% | £923pcm |
| July 2025 | 0% | £902pcm |
| July 2024 | 5.2% | £903pcm |
| July 2023 | 8.9% | £858pcm |
| July 2022 | 7% | £788pcm |
| July 2021 | 1.4% | £737pcm |
| July 2020 | 1.3% | £726pcm |
| July 2019 | -0.6% | £717pcm |
| July 2018 | -0.1% | £721pcm |
| July 2017 | -1.4% | £722pcm |
| July 2016 | 6.1% | £732pcm |
| July 2015 | 7.9% | £690pcm |
| July 2014 | 1.9% | £639pcm |
| July 2013 | 2.7% | £627pcm |
| July 2012 | 1% | £611pcm |
| July 2011 | 1.8% | £605pcm |
| July 2010 | 2.8% | £594pcm |
| July 2009 | -8.2% | £578pcm |
| July 2008 | 2.5% | £630pcm |
| July 2007 | 0% | £615pcm |
Sales History
The last recorded sale was on 5th October 2023 for £169,000 and since then the market in the area has decreased by 3.5%.
48, Princes Way, Bletchley, Milton Keynes, MK2 2ER has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2023£169,000 | 2 Bed FlatFlat 3, 48, Princes Way, Milton Keynes, MK2 2ERFlat 3, 48, Princes Way, Milton Keynes, MK2 2ER
- Sold Mar 2022£172,000 | 2 Bed FlatFlat 2, 48, Princes Way, Milton Keynes, MK2 2ERFlat 2, 48, Princes Way, Milton Keynes, MK2 2ER
- Sold Apr 2018£187,000 | 2 Bed FlatFlat 6, 48, Princes Way, Milton Keynes, MK2 2ERFlat 6, 48, Princes Way, Milton Keynes, MK2 2ER
Property Types
- 6 modern flats built after 1980
- modern flat (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (6)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2024£325,000 | 4 Bed House99, Princes Way, Milton Keynes, MK2 2FB99, Princes Way, Milton Keynes, MK2 2FB
- Sold Mar 2018£280,000 | 4 Bed House101, Princes Way, Milton Keynes, MK2 2FB101, Princes Way, Milton Keynes, MK2 2FB
- Sold Jul 2017£260,000 | 4 Bed House107, Princes Way, Milton Keynes, MK2 2FB107, Princes Way, Milton Keynes, MK2 2FB
Schools Nearby
- Knowles Primary School200 m away
- The Premier Academy1.0 km away
- Bishop Parker Catholic School1.2 km away
- Lord Grey Academy1.6 km away
- Lift Sir Herbert Leon1.9 km away
- St Paul's Catholic School3.7 km away
More reading links
Public Transport Nearby
The closest station to 48, Princes Way, Bletchley, Milton Keynes, MK2 2ER is Bletchley station, which is 600 metres away.
- Bletchley|600 m away
- Fenny Stratford|800 m away
- Bow Brickhill|2.3 km away
- Milton Keynes Central|5.2 km away