Drayton Road - MK2 3EL
Key Postcode Insights
MK2 3EL is a residential postcode situated on Drayton Road, Bletchley, Milton Keynes, MK2 with 23 addresses.
It ranks as the 474th largest and 464th 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: 15 houses and 8 other properties.
- Ave. Sale Price
- £317,686
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
MK2 3EL is a residential postcode situated on Drayton Road, Bletchley, Milton Keynes, MK2 with 23 addresses.
It ranks as the 474th largest and 464th 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: 15 houses and 8 other properties.
- Ave. Sale Price
- £317,686
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,402pcm
- 10 Year change
- up 46.7%
- Ave. £ per ft²
- £416/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in MK2 3EL
- 19 Drayton Road
3 Bed Mid-century House
- 21 Drayton Road
4 Bed Mid-century House
- 23 Drayton Road
3 Bed Mid-century House
- 25 Drayton Road
3 Bed Mid-century House
- 27 Drayton Road
3 Bed House
Sales Market Trends
The last sale in MK2 3EL sold for £306,000 on 27th February 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £317,686.
The MK2 3EL Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £317,686 |
| June 2025 | 1% | £318,662 |
| June 2024 | -2.8% | £315,629 |
| June 2023 | 2.7% | £324,808 |
| June 2022 | 12.6% | £316,338 |
| June 2021 | 4.5% | £281,006 |
| June 2020 | -0.7% | £268,976 |
| June 2019 | -1.8% | £270,749 |
| June 2018 | 3.9% | £275,822 |
| June 2017 | 4.7% | £265,341 |
| June 2016 | 16.7% | £253,318 |
| June 2015 | 8.9% | £217,143 |
| June 2014 | 11.9% | £199,474 |
| June 2013 | 2.2% | £178,300 |
| June 2012 | 1.7% | £174,508 |
| June 2011 | 0.4% | £171,632 |
| June 2010 | 7.5% | £170,951 |
| June 2009 | -11.6% | £159,031 |
| June 2008 | -3.4% | £179,916 |
| June 2007 | 0% | £186,221 |
Rental Market Trends
The current average rental value in the postcode is £1,402.
The MK2 3EL Rental Market has increased by 46.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,402pcm |
| June 2025 | 2.4% | £1,354pcm |
| June 2024 | 5.3% | £1,322pcm |
| June 2023 | 10.2% | £1,256pcm |
| June 2022 | 11% | £1,139pcm |
| June 2021 | 4.1% | £1,026pcm |
| June 2020 | 1.8% | £986pcm |
| June 2019 | -0.5% | £968pcm |
| June 2018 | 1.9% | £974pcm |
| June 2017 | -0.1% | £955pcm |
| June 2016 | 8.2% | £956pcm |
| June 2015 | 8.6% | £884pcm |
| June 2014 | 4.1% | £814pcm |
| June 2013 | 3.7% | £781pcm |
| June 2012 | 2.5% | £754pcm |
| June 2011 | 1.9% | £735pcm |
| June 2010 | 4.7% | £721pcm |
| June 2009 | -6.1% | £689pcm |
| June 2008 | 4.8% | £733pcm |
| June 2007 | 0% | £700pcm |
Sales History
The last recorded sale was on 27th February 2025 for £306,000 and since then the market in the area has decreased by 1.9%.
MK2 3EL has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Feb 2025£306,000 | 2 Bed House37, Drayton Road, Milton Keynes, MK2 3EL37, Drayton Road, Milton Keynes, MK2 3EL
- Sold Apr 2023£385,000 | 4 Bed House59, Drayton Road, Milton Keynes, MK2 3EL59, Drayton Road, Milton Keynes, MK2 3EL
- Sold Apr 2021£285,000 | 2 Bed House43, Drayton Road, Milton Keynes, MK2 3EL43, Drayton Road, Milton Keynes, MK2 3EL
Nearby Postcodes
MK2 3EL is the 474th largest and the 464th most expensive postcode out of the 724 postcodes in the MK2 area.
- MK2 3EJ, Drayton Road, Bletchley, Milton Keynes, MK2MK2 3EJ15 Addresses|79 m away
- MK2 3EW, Drayton Road, Bletchley, Milton Keynes, MK2MK2 3EW6 Addresses|80 m away
- MK2 3DZ, Grasmere Way, Bletchley, Milton Keynes, MK2MK2 3DZ39 Addresses|88 m away
- MK2 3DY, Buttermere Close, Bletchley, Milton Keynes, MK2MK2 3DY44 Addresses|103 m away
- MK2 3ND, Magenta Close, Bletchley, Milton Keynes, MK2MK2 3ND29 Addresses|142 m away
Property Types
- 2 modern houses built after 1980
- 11 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 8 other addresses of unknown type
- modern house (2)
- mid-century house (11)
- house (2)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 13 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (4)
- G (0)
- D (8)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Apr 2023£385,000 | 4 Bed House59, Drayton Road, Milton Keynes, MK2 3EL59, Drayton Road, Milton Keynes, MK2 3EL
- Sold Aug 2020£370,000 | 4 Bed House60, Drayton Road, Milton Keynes, MK2 3EW60, Drayton Road, Milton Keynes, MK2 3EW
- Sold May 2025£370,000 | 5 Bed House2, Drayton Road, Milton Keynes, MK2 3RP2, Drayton Road, Milton Keynes, MK2 3RP
Schools Nearby
- The Premier Academy200 m away
- Bishop Parker Catholic School400 m away
- Drayton Park School500 m away
- Lift Sir Herbert Leon800 m away
- Lord Grey Academy2.4 km away
- Walton High4.4 km away
More reading links
Public Transport Nearby
The closest station to MK2 3EL is Bletchley station, which is 1.3 kilometres away.
- Bletchley|1.3 km away
- Fenny Stratford|1.5 km away
- Bow Brickhill|2.7 km away
- Woburn Sands|5.9 km away
