Paddock Way - MK2 2ND
Key Postcode Insights
MK2 2ND is a residential postcode situated on Paddock Way, Bletchley, Milton Keynes, MK2 with 23 addresses.
It ranks as the 470th largest and 450th 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 23 properties: 17 houses and 6 flats.
- Ave. Sale Price
- £288,616
- 10 Year change
- up 19.7%
- Ave. Rental Price
- £1,173pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Postcode Insights
MK2 2ND is a residential postcode situated on Paddock Way, Bletchley, Milton Keynes, MK2 with 23 addresses.
It ranks as the 470th largest and 450th 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 23 properties: 17 houses and 6 flats.
- Ave. Sale Price
- £288,616
- 10 Year change
- up 19.7%
- Ave. Rental Price
- £1,173pcm
- 10 Year change
- up 39.8%
- Ave. £ per ft²
- £502/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertiesin MK2 2ND
- 1 Paddock Way
2 Bed Mid-century Flat
- 3 Paddock Way
2 Bed Mid-century Flat
- 5 Paddock Way
2 Bed Mid-century Flat
- 7 Paddock Way
1 Bed Mid-century Flat
- 9 Paddock Way
2 Bed Mid-century Flat
Sales Market Trends
The last sale in MK2 2ND sold for £320,000 on 17th August 2021. Since then prices are up an average of 10.6%.
The current average value in the postcode is £288,616.
The MK2 2ND Sales Market has increased by 19.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0% | £288,616 |
| June 2025 | 0.5% | £288,501 |
| June 2024 | -2.7% | £287,125 |
| June 2023 | 2.1% | £295,130 |
| June 2022 | 11.3% | £289,162 |
| June 2021 | 3.4% | £259,822 |
| June 2020 | -1% | £251,357 |
| June 2019 | -2% | £253,930 |
| June 2018 | 3.3% | £259,225 |
| June 2017 | 4.1% | £251,046 |
| June 2016 | 17% | £241,140 |
| June 2015 | 8.7% | £206,183 |
| June 2014 | 11.6% | £189,662 |
| June 2013 | 1.4% | £169,968 |
| June 2012 | 1.1% | £167,554 |
| June 2011 | -0.1% | £165,691 |
| June 2010 | 6.1% | £165,786 |
| June 2009 | -12% | £156,210 |
| June 2008 | -4.3% | £177,519 |
| June 2007 | 0% | £185,410 |
Rental Market Trends
The current average rental value in the postcode is £1,173.
The MK2 2ND Rental Market has increased by 39.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,173pcm |
| June 2025 | 1.9% | £1,129pcm |
| June 2024 | 5.6% | £1,108pcm |
| June 2023 | 9.5% | £1,049pcm |
| June 2022 | 9.6% | £959pcm |
| June 2021 | 2.9% | £875pcm |
| June 2020 | 1.7% | £850pcm |
| June 2019 | -0.7% | £836pcm |
| June 2018 | 1.1% | £842pcm |
| June 2017 | -0.8% | £833pcm |
| June 2016 | 8.3% | £839pcm |
| June 2015 | 8.7% | £774pcm |
| June 2014 | 3.3% | £712pcm |
| June 2013 | 3.4% | £690pcm |
| June 2012 | 1.9% | £667pcm |
| June 2011 | 1.4% | £654pcm |
| June 2010 | 3.5% | £645pcm |
| June 2009 | -6.5% | £623pcm |
| June 2008 | 4.3% | £667pcm |
| June 2007 | 0% | £639pcm |
Sales History
The last sale was on 17th August 2021 for £320,000 and since then the market in the area has increased by 10.6%. The postcode has had a total of 9 sales since 1995.
MK2 2ND has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2021£320,000 | 2 Bed House41, Paddock Way, Milton Keynes, MK2 2ND41, Paddock Way, Milton Keynes, MK2 2ND
- Sold Dec 2016£125,000 | 1 Bed Flat11, Paddock Way, Milton Keynes, MK2 2ND11, Paddock Way, Milton Keynes, MK2 2ND
- Sold Nov 2016£265,000 | 2 Bed House41, Paddock Way, Milton Keynes, MK2 2ND41, Paddock Way, Milton Keynes, MK2 2ND
- Sold Jul 2016£240,000 | 2 Bed House43, Paddock Way, Milton Keynes, MK2 2ND43, Paddock Way, Milton Keynes, MK2 2ND
- Sold Aug 2013£170,000 | 2 Bed House43, Paddock Way, Milton Keynes, MK2 2ND43, Paddock Way, Milton Keynes, MK2 2ND
Nearby Postcodes
MK2 2ND is the 470th largest and the 450th most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2NF, Napier Street, Bletchley, Milton Keynes, MK2MK2 2NF89 Addresses|62 m away
- MK2 2NB, Paddock Way, Bletchley, Milton Keynes, MK2MK2 2NB25 Addresses|68 m away
- MK2 2PR, Western Road, Bletchley, Milton Keynes, MK2MK2 2PR58 Addresses|108 m away
- MK2 2PT, Western Road, Bletchley, Milton Keynes, MK2MK2 2PT49 Addresses|111 m away
- MK2 2NW, Stuart Close, Bletchley, Milton Keynes, MK2MK2 2NW24 Addresses|132 m away
Property Types
- 4 modern houses built after 1980
- 10 mid-century houses built between 1936 and 1979
- 6 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (4)
- mid-century house (10)
- mid-century flat (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 20 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (11)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Nov 2017£375,000 | 4 Bed House4C, Paddock Way, Milton Keynes, MK2 2NB4C, Paddock Way, Milton Keynes, MK2 2NB
- Sold Aug 2018£375,000 | 4 Bed House4D, Paddock Way, Milton Keynes, MK2 2NB4D, Paddock Way, Milton Keynes, MK2 2NB
- Sold Aug 2021£320,000 | 2 Bed House41, Paddock Way, Milton Keynes, MK2 2ND41, Paddock Way, Milton Keynes, MK2 2ND
Schools Nearby
- Knowles Primary School300 m away
- The Premier Academy1.1 km away
- Bishop Parker Catholic School1.3 km away
- Lift Sir Herbert Leon2.0 km away
- Lord Grey Academy2.0 km away
- Walton High3.4 km away
More reading links
Public Transport Nearby
The closest station to MK2 2ND is Fenny Stratford station, which is 400 metres away.
- Fenny Stratford|400 m away
- Bletchley|1.0 km away
- Bow Brickhill|1.9 km away
- Woburn Sands|5.2 km away
