Princes Way - MK2 2ER
Key Postcode Insights
MK2 2ER is a residential postcode situated on Princes Way, Bletchley, Milton Keynes, MK2 with 45 addresses.
It ranks as the 662nd largest and 121st most expensive of the 724 postcodes in the MK2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 4 houses and 41 flats.
- Ave. Sale Price
- £187,381
- 10 Year change
- up 13.7%
- Ave. Rental Price
- £977pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
MK2 2ER is a residential postcode situated on Princes Way, Bletchley, Milton Keynes, MK2 with 45 addresses.
It ranks as the 662nd largest and 121st most expensive of the 724 postcodes in the MK2 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 45 properties: 4 houses and 41 flats.
- Ave. Sale Price
- £187,381
- 10 Year change
- up 13.7%
- Ave. Rental Price
- £977pcm
- 10 Year change
- up 32.8%
- Ave. £ per ft²
- £325/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Properties in MK2 2ER
- 2 Princes Way
Building  |  2 Flats
- 4 Princes Way
Building  |  3 Flats
- 6A Princes Way
1 Bed Modern Flat
- 8A Princes Way
1 Bed Modern Flat
- 10 Princes Way
Building  |  3 Flats
Sales Market Trends
The last sale in MK2 2ER sold for £169,000 on 28th August 2025. Since then prices have on average remained the same.
The current average value in the postcode is £187,381.
The MK2 2ER Sales Market has increased by 13.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.1% | £187,381 |
| June 2025 | -0.1% | £187,261 |
| June 2024 | -2.5% | £187,509 |
| June 2023 | 1.4% | £192,270 |
| June 2022 | 9.8% | £189,656 |
| June 2021 | 2.2% | £172,767 |
| June 2020 | -1.1% | £169,079 |
| June 2019 | -2.1% | £171,029 |
| June 2018 | 2.4% | £174,678 |
| June 2017 | 3.5% | £170,562 |
| June 2016 | 16.7% | £164,778 |
| June 2015 | 8.4% | £141,252 |
| June 2014 | 10.8% | £130,359 |
| June 2013 | 1.1% | £117,634 |
| June 2012 | 0.5% | £116,328 |
| June 2011 | -0.1% | £115,703 |
| June 2010 | 5.3% | £115,811 |
| June 2009 | -12.6% | £110,020 |
| June 2008 | -4.9% | £125,897 |
| June 2007 | 0% | £132,441 |
Rental Market Trends
The current average rental value in the postcode is £977.
The MK2 2ER Rental Market has increased by 32.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £977pcm |
| June 2025 | 1.2% | £940pcm |
| June 2024 | 5.9% | £929pcm |
| June 2023 | 8.7% | £878pcm |
| June 2022 | 8.1% | £807pcm |
| June 2021 | 1.7% | £747pcm |
| June 2020 | 1.6% | £734pcm |
| June 2019 | -0.7% | £723pcm |
| June 2018 | 0.3% | £728pcm |
| June 2017 | -1.3% | £726pcm |
| June 2016 | 8.1% | £736pcm |
| June 2015 | 8.3% | £681pcm |
| June 2014 | 2.6% | £629pcm |
| June 2013 | 3.1% | £613pcm |
| June 2012 | 1.3% | £595pcm |
| June 2011 | 1.4% | £587pcm |
| June 2010 | 2.6% | £578pcm |
| June 2009 | -7.1% | £564pcm |
| June 2008 | 3.6% | £607pcm |
| June 2007 | 0% | £586pcm |
Sales History
The last recorded sale was on 28th August 2025 for £169,000 and since then the market in the area has remained stable.
MK2 2ER has had 3 sales since 1995, with 3 in the last three years and 1 in the last twelve months.
- Sold Aug 2025£169,000 | 2 Bed FlatFlat 5, 44, Princes Way, Milton Keynes, MK2 2ERFlat 5, 44, Princes Way, Milton Keynes, MK2 2ER
- Sold Nov 2023£200,000 | 2 Bed FlatFlat 6, 44, Princes Way, Milton Keynes, MK2 2ERFlat 6, 44, Princes Way, Milton Keynes, MK2 2ER
- Sold Oct 2023£169,000 | 2 Bed FlatFlat 3, 48, Princes Way, Milton Keynes, MK2 2ERFlat 3, 48, Princes Way, Milton Keynes, MK2 2ER
Nearby Postcodes
MK2 2ER is the 662nd largest and the 121st most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2TP, Cambridge Street, Bletchley, Milton Keynes, MK2MK2 2TP15 Addresses|74 m away
- MK2 2PX, Western Road, Bletchley, Milton Keynes, MK2MK2 2PX13 Addresses|84 m away
- MK2 2TR, Cambridge Street, Bletchley, Milton Keynes, MK2MK2 2TR9 Addresses|94 m away
- MK2 2FJ, Knights Crescent, Bletchley, Milton Keynes, MK2MK2 2FJ10 Addresses|102 m away
- MK2 2FB, Princes Way, Bletchley, Milton Keynes, MK2MK2 2FB55 Addresses|105 m away
Property Types
- 4 modern houses built after 1980
- 41 modern flats built after 1980
- modern house (4)
- modern flat (41)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 45 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (30)
- F (0)
- C (11)
- G (0)
- D (4)
- 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 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
