Mill Road - MK2 2LB
Key Postcode Insights
MK2 2LB is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 18 addresses.
It ranks as the 415th largest and 529th most expensive of the 724 postcodes in the MK2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £392,831
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,567pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
MK2 2LB is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 18 addresses.
It ranks as the 415th largest and 529th most expensive of the 724 postcodes in the MK2 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £392,831
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,567pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £399/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin MK2 2LB
- 1 Mill Road
4 Bed Period House
- 3 Mill Road
3 Bed Period House
- 5 Mill Road
3 Bed House
- 7 Mill Road
Unknown
- 9 Mill Road
3 Bed Period House
Sales Market Trends
The last sale in MK2 2LB sold for £450,000 on 4th February 2026. Since then prices are down an average of 0.6%.
The current average value in the postcode is £392,831.
The MK2 2LB Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £392,831 |
| June 2025 | 0.7% | £396,043 |
| June 2024 | -2.9% | £393,277 |
| June 2023 | 2.9% | £405,144 |
| June 2022 | 12.1% | £393,814 |
| June 2021 | 4.4% | £351,161 |
| June 2020 | -0.5% | £336,335 |
| June 2019 | -1.8% | £338,192 |
| June 2018 | 4% | £344,231 |
| June 2017 | 4.6% | £331,137 |
| June 2016 | 15.8% | £316,591 |
| June 2015 | 8.5% | £273,292 |
| June 2014 | 11.4% | £251,777 |
| June 2013 | 2.2% | £226,098 |
| June 2012 | 1.4% | £221,305 |
| June 2011 | 1.2% | £218,295 |
| June 2010 | 8.2% | £215,732 |
| June 2009 | -11% | £199,390 |
| June 2008 | -3.1% | £224,150 |
| June 2007 | 0% | £231,251 |
Rental Market Trends
The current average rental value in the postcode is £1,567.
The MK2 2LB Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,567pcm |
| June 2025 | 2.1% | £1,520pcm |
| June 2024 | 5.2% | £1,489pcm |
| June 2023 | 10.5% | £1,416pcm |
| June 2022 | 10.6% | £1,281pcm |
| June 2021 | 4.1% | £1,159pcm |
| June 2020 | 1.9% | £1,114pcm |
| June 2019 | -0.5% | £1,093pcm |
| June 2018 | 1.9% | £1,098pcm |
| June 2017 | -0.2% | £1,077pcm |
| June 2016 | 7.4% | £1,080pcm |
| June 2015 | 8.3% | £1,005pcm |
| June 2014 | 3.6% | £928pcm |
| June 2013 | 3.7% | £895pcm |
| June 2012 | 2.2% | £864pcm |
| June 2011 | 2.7% | £845pcm |
| June 2010 | 5.4% | £823pcm |
| June 2009 | -5.5% | £781pcm |
| June 2008 | 5.1% | £826pcm |
| June 2007 | 0% | £785pcm |
Sales History
The last sale was on 4th February 2026 for £450,000 and since then the market in the area has decreased by 0.6%. The postcode has had a total of 33 sales since 1995.
MK2 2LB has seen 2 sales in the last three years and 2 sales in the last twelve months.
- Sold Feb 2026£450,000 | 4 Bed House37, Mill Road, Milton Keynes, MK2 2LB37, Mill Road, Milton Keynes, MK2 2LB
- Sold Nov 2025£400,000 | 3 Bed House21, Mill Road, Milton Keynes, MK2 2LB21, Mill Road, Milton Keynes, MK2 2LB
- Sold Nov 2022£385,000 | 3 Bed House9, Mill Road, Milton Keynes, MK2 2LB9, Mill Road, Milton Keynes, MK2 2LB
- Sold Apr 2022£320,000 | 3 Bed House31, Mill Road, Milton Keynes, MK2 2LB31, Mill Road, Milton Keynes, MK2 2LB
- Sold Jun 2021£280,000 | 3 Bed House39, Mill Road, Milton Keynes, MK2 2LB39, Mill Road, Milton Keynes, MK2 2LB
Nearby Postcodes
MK2 2LB is the 415th largest and the 529th most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2LQ, Larch Grove, Bletchley, Milton Keynes, MK2MK2 2LQ37 Addresses|132 m away
- MK2 2LG, Larch Grove, Bletchley, Milton Keynes, MK2MK2 2LG42 Addresses|137 m away
- MK2 3RP, Drayton Road, Bletchley, Milton Keynes, MK2MK2 3RP1 Addresses|140 m away
- MK2 2LD, Mill Road, Bletchley, Milton Keynes, MK2MK2 2LD25 Addresses|143 m away
- MK2 3EH, Appleby Heath, Bletchley, Milton Keynes, MK2MK2 3EH15 Addresses|164 m away
Property Types
- 7 period houses built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 5 houses of an unknown age
- 5 other addresses of unknown type
- period house (7)
- mid-century house (1)
- house (5)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (0)
- G (1)
- D (4)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Aug 2022£830,000 | 5 Bed HouseWater Mill, Mill Road, Milton Keynes, MK2 2UZWater Mill, Mill Road, Milton Keynes, MK2 2UZ
- Sold Mar 2024£550,000 | 5 Bed House5 The Wharf, Mill Road, Milton Keynes, MK2 2TL5 The Wharf, Mill Road, Milton Keynes, MK2 2TL
- Sold Nov 2023£526,500 | 4 Bed House12, Mill Road, Milton Keynes, MK2 2LD12, Mill Road, Milton Keynes, MK2 2LD
Schools Nearby
- The Premier Academy300 m away
- Bishop Parker Catholic School600 m away
- Knowles Primary School800 m away
- Lift Sir Herbert Leon1.1 km away
- Lord Grey Academy2.4 km away
- Walton High4.1 km away
More reading links
Public Transport Nearby
The closest station to MK2 2LB is Fenny Stratford station, which is 1.2 kilometres away.
- Fenny Stratford|1.2 km away
- Bletchley|1.3 km away
- Bow Brickhill|2.4 km away
- Woburn Sands|5.6 km away
