Mill Road - MK2 2TL
Key Postcode Insights
MK2 2TL is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 5 addresses.
It ranks as the 126th largest and 523rd most expensive of the 724 postcodes in the MK2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £405,559
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,607pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
MK2 2TL is a residential postcode situated on Mill Road, Bletchley, Milton Keynes, MK2 with 5 addresses.
It ranks as the 126th largest and 523rd most expensive of the 724 postcodes in the MK2 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £405,559
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,607pcm
- 10 Year change
- up 45.1%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin MK2 2TL
- 1 The Wharf Mill Road
4 Bed House
- 2 The Wharf Mill Road
3 Bed Modern House
- 3 The Wharf Mill Road
Unknown
- 4 The Wharf Mill Road
3 Bed Modern House
- 5 The Wharf Mill Road
5 Bed Mid-century House
Sales Market Trends
The last sale in MK2 2TL sold for £550,000 on 28th March 2024. Since then prices are up an average of 0.5%.
The current average value in the postcode is £405,559.
The MK2 2TL Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £405,559 |
| June 2025 | 0.7% | £408,875 |
| June 2024 | -2.9% | £406,020 |
| June 2023 | 2.9% | £418,271 |
| June 2022 | 12.1% | £406,574 |
| June 2021 | 4.4% | £362,538 |
| June 2020 | -0.5% | £347,232 |
| June 2019 | -1.8% | £349,150 |
| June 2018 | 4% | £355,384 |
| June 2017 | 4.6% | £341,866 |
| June 2016 | 15.8% | £326,849 |
| June 2015 | 8.5% | £282,146 |
| June 2014 | 11.4% | £259,934 |
| June 2013 | 2.2% | £233,423 |
| June 2012 | 1.4% | £228,475 |
| June 2011 | 1.2% | £225,367 |
| June 2010 | 8.2% | £222,722 |
| June 2009 | -11% | £205,851 |
| June 2008 | -3.1% | £231,413 |
| June 2007 | 0% | £238,744 |
Rental Market Trends
The current average rental value in the postcode is £1,607.
The MK2 2TL Rental Market has increased by 45.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,607pcm |
| June 2025 | 2.1% | £1,560pcm |
| June 2024 | 5.2% | £1,528pcm |
| June 2023 | 10.5% | £1,453pcm |
| June 2022 | 10.6% | £1,315pcm |
| June 2021 | 4.1% | £1,189pcm |
| June 2020 | 1.9% | £1,143pcm |
| June 2019 | -0.5% | £1,122pcm |
| June 2018 | 1.9% | £1,127pcm |
| June 2017 | -0.2% | £1,106pcm |
| June 2016 | 7.4% | £1,108pcm |
| June 2015 | 8.3% | £1,031pcm |
| June 2014 | 3.6% | £952pcm |
| June 2013 | 3.7% | £919pcm |
| June 2012 | 2.2% | £886pcm |
| June 2011 | 2.7% | £867pcm |
| June 2010 | 5.4% | £844pcm |
| June 2009 | -5.5% | £801pcm |
| June 2008 | 5.1% | £847pcm |
| June 2007 | 0% | £806pcm |
Sales History
The last sale was on 28th March 2024 for £550,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 4 sales since 1995.
MK2 2TL has seen 1 sale in the last three years and no sales in the last twelve months.
- 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 Aug 2012£235,000 | 3 Bed House4 The Wharf, Mill Road, Milton Keynes, MK2 2TL4 The Wharf, Mill Road, Milton Keynes, MK2 2TL
- Sold Aug 2007£246,000 | 4 Bed House1 The Wharf, Mill Road, Milton Keynes, MK2 2TL1 The Wharf, Mill Road, Milton Keynes, MK2 2TL
- Sold Jul 2006£241,000 | 3 Bed House3 The Wharf, Mill Road, Milton Keynes, MK2 2TL3 The Wharf, Mill Road, Milton Keynes, MK2 2TL
Nearby Postcodes
MK2 2TL is the 126th largest and the 523rd most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 2LD, Mill Road, Bletchley, Milton Keynes, MK2MK2 2LD25 Addresses|74 m away
- MK2 2LE, Mill Road, Bletchley, Milton Keynes, MK2MK2 2LE10 Addresses|77 m away
- MK2 3AB, Stoke Road, Bletchley, Milton Keynes, MK2MK2 3AB30 Addresses|136 m away
- MK2 2UZ, Mill Road, Bletchley, Milton Keynes, MK2MK2 2UZ4 Addresses|149 m away
- MK2 3AD, Stoke Road, Bletchley, Milton Keynes, MK2MK2 3AD25 Addresses|174 m away
Property Types
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (2)
- mid-century house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (2)
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 School700 m away
- Drayton Park School900 m away
- Lift Sir Herbert Leon1.1 km away
- Lord Grey Academy2.6 km away
- Walton High4.2 km away
More reading links
Public Transport Nearby
The closest station to MK2 2TL is Fenny Stratford station, which is 1.4 kilometres away.
- Fenny Stratford|1.4 km away
- Bletchley|1.5 km away
- Bow Brickhill|2.4 km away
- Woburn Sands|5.5 km away