Mill Road - MK2 2LE
Key Postcode Insights
MK2 2LE is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 10 addresses.
It ranks as the 259th largest and 488th most expensive of the 724 postcodes in the MK2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £375,750
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
MK2 2LE is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 10 addresses.
It ranks as the 259th largest and 488th most expensive of the 724 postcodes in the MK2 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £375,750
- 10 Year change
- up 24.4%
- Ave. Rental Price
- £1,577pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin MK2 2LE
- 51 Mill Road
4 Bed Mid-century House
- 53 Mill Road
4 Bed Period House
- 55 Mill Road
3 Bed Period House
- 57 Mill Road
Unknown
- 59 Mill Road
3 Bed Period House
Sales Market Trends
The last sale in MK2 2LE sold for £415,000 on 25th March 2022. Since then prices are up an average of 3.6%.
The current average value in the postcode is £375,750.
The MK2 2LE Sales Market has increased by 24.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.7% | £375,750 |
| June 2025 | 0.9% | £378,275 |
| June 2024 | -2.9% | £374,916 |
| June 2023 | 2.8% | £386,184 |
| June 2022 | 12.4% | £375,538 |
| June 2021 | 4.3% | £334,148 |
| June 2020 | -0.7% | £320,346 |
| June 2019 | -1.7% | £322,490 |
| June 2018 | 3.9% | £328,161 |
| June 2017 | 4.6% | £315,819 |
| June 2016 | 16.4% | £301,936 |
| June 2015 | 8.7% | £259,315 |
| June 2014 | 11.6% | £238,523 |
| June 2013 | 2.2% | £213,804 |
| June 2012 | 1.5% | £209,127 |
| June 2011 | 0.7% | £206,046 |
| June 2010 | 7.9% | £204,713 |
| June 2009 | -11.5% | £189,802 |
| June 2008 | -3.1% | £214,348 |
| June 2007 | 0% | £221,227 |
Rental Market Trends
The current average rental value in the postcode is £1,577.
The MK2 2LE Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,577pcm |
| June 2025 | 2.3% | £1,529pcm |
| June 2024 | 5.2% | £1,494pcm |
| June 2023 | 10.4% | £1,420pcm |
| June 2022 | 10.8% | £1,286pcm |
| June 2021 | 4% | £1,161pcm |
| June 2020 | 1.8% | £1,117pcm |
| June 2019 | -0.4% | £1,097pcm |
| June 2018 | 1.9% | £1,102pcm |
| June 2017 | -0.2% | £1,082pcm |
| June 2016 | 8% | £1,084pcm |
| June 2015 | 8.5% | £1,004pcm |
| June 2014 | 3.8% | £925pcm |
| June 2013 | 3.8% | £891pcm |
| June 2012 | 2.3% | £859pcm |
| June 2011 | 2.2% | £840pcm |
| June 2010 | 5.1% | £822pcm |
| June 2009 | -5.9% | £782pcm |
| June 2008 | 5.1% | £831pcm |
| June 2007 | 0% | £791pcm |
Sales History
The last sale was on 25th March 2022 for £415,000 and since then the market in the area has increased by 3.6%. The postcode has had a total of 17 sales since 1995.
MK2 2LE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2022£415,000 | 4 Bed House67, Mill Road, Milton Keynes, MK2 2LE67, Mill Road, Milton Keynes, MK2 2LE
- Sold Dec 2021£285,000 | 3 Bed House65, Mill Road, Milton Keynes, MK2 2LE65, Mill Road, Milton Keynes, MK2 2LE
- Sold Jun 2021£319,000 | 3 Bed House55, Mill Road, Milton Keynes, MK2 2LE55, Mill Road, Milton Keynes, MK2 2LE
- Sold Jun 2018£220,000 | 3 Bed House55, Mill Road, Milton Keynes, MK2 2LE55, Mill Road, Milton Keynes, MK2 2LE
- Sold Jun 2014£275,000 | 4 Bed House53, Mill Road, Milton Keynes, MK2 2LE53, Mill Road, Milton Keynes, MK2 2LE
Nearby Postcodes
MK2 2LE is the 259th largest and the 488th most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2LD, Mill Road, Bletchley, Milton Keynes, MK2MK2 2LD25 Addresses|56 m away
- MK2 2TL, Mill Road, Bletchley, Milton Keynes, MK2MK2 2TL5 Addresses|77 m away
- MK2 2LG, Larch Grove, Bletchley, Milton Keynes, MK2MK2 2LG42 Addresses|153 m away
- MK2 2LL, Larch Grove, Bletchley, Milton Keynes, MK2MK2 2LL9 Addresses|158 m away
- MK2 2UZ, Mill Road, Bletchley, Milton Keynes, MK2MK2 2UZ4 Addresses|168 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- period house (3)
- mid-century house (4)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (0)
- D (4)
- No EPC (3)
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 Academy500 m away
- Bishop Parker Catholic School800 m away
- Drayton Park School900 m away
- Lift Sir Herbert Leon1.1 km away
- Lord Grey Academy2.6 km away
- Walton High4.1 km away
More reading links
Public Transport Nearby
The closest station to MK2 2LE is Fenny Stratford station, which is 1.3 kilometres away.
- Fenny Stratford|1.3 km away
- Bletchley|1.5 km away
- Bow Brickhill|2.3 km away
- Woburn Sands|5.5 km away
