Duncombe Street - MK2 2LY
Key Postcode Insights
MK2 2LY is a residential postcode situated on Duncombe Street, Bletchley, Milton Keynes, MK2 with 55 addresses.
It ranks as the 695th largest and 213th 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 55 properties: 42 houses and 13 flats.
- Ave. Sale Price
- £212,345
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £1,093pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Key Postcode Insights
MK2 2LY is a residential postcode situated on Duncombe Street, Bletchley, Milton Keynes, MK2 with 55 addresses.
It ranks as the 695th largest and 213th 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 55 properties: 42 houses and 13 flats.
- Ave. Sale Price
- £212,345
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £1,093pcm
- 10 Year change
- up 38.2%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 6.2%/year/yr
Explore Propertiesin MK2 2LY
- Flat 1, 5 Duncombe Street
3 Bed Period Flat
- Flat 2, 7 Duncombe Street
1 Bed Period Flat
- Flat 3, 9 Duncombe Street
1 Bed Period Flat
- 10 Duncombe Street
Unknown
- Flat 4, 11 Duncombe Street
2 Bed Modern Flat
Sales Market Trends
The last sale in MK2 2LY sold for £192,000 on 6th August 2025. Since then prices have on average remained the same.
The current average value in the postcode is £212,345.
The MK2 2LY Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.1% | £212,345 |
| June 2025 | 0.8% | £210,062 |
| June 2024 | -2.3% | £208,471 |
| June 2023 | 1.3% | £213,373 |
| June 2022 | 10.4% | £210,627 |
| June 2021 | 2.9% | £190,776 |
| June 2020 | -1.2% | £185,379 |
| June 2019 | -2% | £187,680 |
| June 2018 | 2.4% | £191,496 |
| June 2017 | 4.1% | £187,028 |
| June 2016 | 16.4% | £179,726 |
| June 2015 | 8.9% | £154,408 |
| June 2014 | 11.3% | £141,730 |
| June 2013 | 1.3% | £127,397 |
| June 2012 | 0.7% | £125,790 |
| June 2011 | -0.6% | £124,928 |
| June 2010 | 4.8% | £125,666 |
| June 2009 | -11.6% | £119,859 |
| June 2008 | -3.7% | £135,515 |
| June 2007 | 0% | £140,672 |
Rental Market Trends
The current average rental value in the postcode is £1,093.
The MK2 2LY Rental Market has increased by 38.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5% | £1,093pcm |
| June 2025 | 2.3% | £1,040pcm |
| June 2024 | 5.5% | £1,017pcm |
| June 2023 | 9.1% | £964pcm |
| June 2022 | 8.9% | £883pcm |
| June 2021 | 2.4% | £811pcm |
| June 2020 | 1.2% | £792pcm |
| June 2019 | -0.7% | £783pcm |
| June 2018 | 0.3% | £788pcm |
| June 2017 | -0.6% | £786pcm |
| June 2016 | 7.9% | £791pcm |
| June 2015 | 8.7% | £733pcm |
| June 2014 | 3.6% | £674pcm |
| June 2013 | 2.7% | £651pcm |
| June 2012 | 1.5% | £634pcm |
| June 2011 | 1% | £625pcm |
| June 2010 | 2.1% | £618pcm |
| June 2009 | -6.1% | £605pcm |
| June 2008 | 4.6% | £645pcm |
| June 2007 | 0% | £617pcm |
Sales History
The last sale was on 6th August 2025 for £192,000 and since then the market in the area has remained stable. The postcode has had a total of 58 sales since 1995.
MK2 2LY has seen 3 sales in the last three years and 1 sale in the last twelve months.
- Sold Aug 2025£192,000 | 3 Bed House88, Duncombe Street, Milton Keynes, MK2 2LY88, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Jul 2025£258,000 | 3 Bed House54, Duncombe Street, Milton Keynes, MK2 2LY54, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Mar 2025£204,000 | 3 Bed House92, Duncombe Street, Milton Keynes, MK2 2LY92, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Oct 2022£257,500 | 3 Bed House26, Duncombe Street, Milton Keynes, MK2 2LY26, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Aug 2022£110,000 | 3 Bed FlatFlat 1, 5, Duncombe Street, Milton Keynes, MK2 2LYFlat 1, 5, Duncombe Street, Milton Keynes, MK2 2LY
Nearby Postcodes
MK2 2LY is the 695th largest and the 213th most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2LX, Duncombe Street, Bletchley, Milton Keynes, MK2MK2 2LX26 Addresses|83 m away
- MK2 2LU, Osborne Street, Bletchley, Milton Keynes, MK2MK2 2LU27 Addresses|101 m away
- MK2 3BY, Water Eaton Road, Bletchley, Milton Keynes, MK2MK2 3BY2 Addresses|149 m away
- MK2 2LS, Clifford Avenue, Bletchley, Milton Keynes, MK2MK2 2LS28 Addresses|151 m away
- MK2 2LT, Clifford Avenue, Bletchley, Milton Keynes, MK2MK2 2LT19 Addresses|161 m away
Property Types
- 23 period houses built between 1800 and 1911
- 3 period flats built between 1800 and 1911
- 7 modern flats built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 mid-century flat built between 1936 and 1979
- 1 house of an unknown age
- 18 other addresses of unknown type
- period house (23)
- period flat (3)
- modern flat (7)
- mid-century house (2)
- mid-century flat (1)
- house (1)
- Unknown (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 36 properties.
- The most common rating is D.
- A (0)
- E (7)
- B (0)
- F (1)
- C (11)
- G (0)
- D (17)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold Jul 2025£258,000 | 3 Bed House54, Duncombe Street, Milton Keynes, MK2 2LY54, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Oct 2022£257,500 | 3 Bed House26, Duncombe Street, Milton Keynes, MK2 2LY26, Duncombe Street, Milton Keynes, MK2 2LY
- Sold Oct 2022£240,000 | 3 Bed House65, Duncombe Street, Milton Keynes, MK2 2LX65, Duncombe Street, Milton Keynes, MK2 2LX
Schools Nearby
- Knowles Primary School700 m away
- Bishop Parker Catholic School800 m away
- The Premier Academy800 m away
- Lord Grey Academy1.4 km away
- Lift Sir Herbert Leon1.4 km away
- St Paul's Catholic School4.0 km away
More reading links
Public Transport Nearby
The closest station to MK2 2LY is Bletchley station, which is 400 metres away.
- Bletchley|400 m away
- Fenny Stratford|1.4 km away
- Bow Brickhill|2.9 km away
- Milton Keynes Central|5.4 km away
