Housing Market Analysis for MILL ROAD, MK2 2LB

Are you looking to understand MK2 2LB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Milton Keynes postcode.

For the location information and nearby amenities in the MK2 2LB area, explore the MK2 2LB Area information page.
For comprehensive crime statistics in the MK2 2LB area, explore the MK2 2LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK2 2LB postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £212,259 median price is £216,500 Standard Deviation is £76,577 with Total Sold: 26
- The Last 5 Year average price is £305,200 with Total Sold: 5
- The most recent sale happened at this postcode is 9 MILL ROAD: £385,000 (Sold on 29 Nov 2022)
- The first recorded sale happened at this postcode is 39 MILL ROAD: £89,995 (Sold on 09 Aug 1996)
Detached
- The average price is around £212,600 median price is £271,000 Standard Deviation is £97,264 with Total Sold: 5
- The Last 5 Year average price is £325,000 with Total Sold: 1
- The most recent sale happened at this postcode is 23 MILL ROAD: £325,000 (Sold on 23 Jan 2020)
- The first recorded sale happened at this postcode is 21 MILL ROAD: £76,000 (Sold on 08 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK2 2LB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£352,500	£4,375	2
2021	£280,000		1
2019	£270,500	£4,622	2
2017	£300,000	£3,409	1
2014	£215,000	£2,129	1
2012	£171,000	£1,943	2
2011	£190,000	£2,788	1
2008	£200,000	£1,980	1
2007	£238,417	£1,894	3
2005	£199,500		2
2004	£220,000	£3,284	1
2003	£271,000		2
2002	£129,000		1
2001	£121,000		1
2000	£122,498	£1,812	2
1998	£142,250		2
1996	£89,995		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£325,000	£4,924	1
2007	£273,000		1
2001	£194,500	£1,494	2
1996	£76,000	£962	1

All the Sales in the MILL ROAD, MK2 2LB

See the table below for more details on the sold house prices in the MK2 2LB, Milton Keynes postcode.

Address	Sold Date	Price	% Change
9 MILL ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1930-1949	29 Nov 2022	£385,000	71.11%
	14 Dec 2012	£225,000	92.31%
	04 May 2012	£117,000	First Sale
31 MILL ROADSemi-Detached, Freehold	08 Apr 2022	£320,000	100.00%
31 MILL ROADSemi-Detached, Freehold	30 Nov 2005	£160,000	First Sale
39 MILL ROADSemi-Detached, Freehold	07 Jun 2021	£280,000	13.36%
	04 Aug 2003	£247,000	106.69%
	29 May 1998	£119,500	32.79%
	09 Aug 1996	£89,995	First Sale
23 MILL ROADDetached, FreeholdArea: 66 Sq.mtrAge: 1950-1966	23 Jan 2020	£325,000	First Sale
3 MILL ROADSemi-Detached, FreeholdArea: 68.15 Sq.mtrAge: before 1900	30 Jul 2019	£315,000	65.79%
	16 Dec 2011	£190,000	46.16%
	15 Sep 2000	£129,995	First Sale
5 MILL ROADSemi-Detached, Freehold	04 Jan 2019	£226,000	First Sale
29 MILL ROADSemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1900-1929	11 Aug 2017	£300,000	First Sale
1 MILL ROADSemi-Detached, FreeholdArea: 101 Sq.mtrAge: before 1900	07 Apr 2014	£215,000	7.50%
	30 Jan 2008	£200,000	4.58%
	31 Jan 2007	£191,250	First Sale
19 MILL ROADSemi-Detached, Freehold	19 Dec 2007	£218,000	First Sale
15 MILL ROADDetached, Freehold	19 Oct 2007	£273,000	First Sale
37 MILL ROADSemi-Detached, Freehold	24 May 2007	£306,000	3.73%
	17 Jul 2003	£295,000	78.79%
	02 Oct 1998	£165,000	First Sale
7 MILL ROADSemi-Detached, Freehold	25 Nov 2005	£239,000	First Sale
33 MILL ROADSemi-Detached, FreeholdArea: 67 Sq.mtrAge: before 1900	30 Jan 2004	£220,000	91.30%
	11 Feb 2000	£115,000	First Sale
17 MILL ROADSemi-Detached, Freehold	06 Dec 2002	£129,000	First Sale
11 MILL ROADSemi-Detached, Freehold	21 Dec 2001	£121,000	First Sale
41 MILL ROADDetached, Freehold	07 Sep 2001	£271,000	First Sale
21 MILL ROADDetached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	25 May 2001	£118,000	55.26%
21 MILL ROADDetached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	08 Nov 1996	£76,000	First Sale

Check out the sold house prices near the MK2 2LB postcode. Properties currently for saleProperties currently for rent

MILL ROAD, MK2 2LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK2 2LB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the MK2 2LB postcode.

Semi-Detached
- The average price is around £174,091 median price is £165,000 Standard Deviation is £85,574 with Total Sold: 800
- The Last 5 Year average price is £291,504 with Total Sold: 138
- The most recent sale happened at this postcode is , 158 HUNTER DRIVE: £270,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 10 CELINA CLOSE: £50,500 (Sold on 30 Jan 1995)
Terraced
- The average price is around £128,483 median price is £120,500 Standard Deviation is £77,278 with Total Sold: 616
- The Last 5 Year average price is £239,929 with Total Sold: 90
- The most recent sale happened at this postcode is , 82 TIFFANY CLOSE: £255,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 6 CONISTON WAY: £25,000 (Sold on 25 Jan 1995)
Detached
- The average price is around £238,869 median price is £225,000 Standard Deviation is £140,441 with Total Sold: 221
- The Last 5 Year average price is £428,351 with Total Sold: 35
- The most recent sale happened at this postcode is , 22 HARKNESS CLOSE: £515,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 62 MANOR ROAD: £70,000 (Sold on 31 Mar 1995)
Other
- The average price is around £181,625 median price is £241,000 Standard Deviation is £106,688 with Total Sold: 8
- The Last 5 Year average price is £245,000 with Total Sold: 2
- The most recent sale happened at this postcode is , 43 TIFFANY CLOSE: £245,000 (Sold on 26 Jan 2024)
- The first recorded sale happened at this postcode is , 11 SOUTHLAND DRIVE: £240,000 (Sold on 06 Jun 2016)
Flat
- The average price is around £140,324 median price is £144,498 Standard Deviation is £97,037 with Total Sold: 42
- The Last 5 Year average price is £144,000 with Total Sold: 7
- The most recent sale happened at this postcode is , 8 MOSSMANS CLOSE: £225,000 (Sold on 03 Jul 2023)
- The first recorded sale happened at this postcode is , 9 APPLEBY HEATH: £25,250 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£311,667		3
2023	£320,382	£3,963	17
2022	£331,019	£3,992	27
2021	£288,167	£3,482	36
2020	£267,817	£3,198	30
2019	£260,000	£2,906	25
2018	£255,025	£3,310	32
2017	£261,016	£3,122	31
2016	£241,163	£2,827	28
2015	£202,868	£2,696	19
2014	£197,881	£2,173	21
2013	£158,750	£2,108	25
2012	£171,589	£1,892	19
2011	£170,108	£2,035	19
2010	£169,159	£1,816	26
2009	£166,695	£2,328	28
2008	£168,722	£2,138	16
2007	£180,119	£2,037	57
2006	£161,890	£1,842	38
2005	£149,870	£1,797	27
2004	£151,500	£1,899	37
2003	£148,321	£1,576	28
2002	£113,189	£1,311	29
2001	£88,450	£1,035	33
2000	£83,384	£1,211	26
1999	£63,152	£736	27
1998	£67,119	£729	25
1997	£59,024	£646	29
1996	£50,477	£523	26
1995	£50,256	£510	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£266,111	£3,564	9
2023	£267,441	£3,555	17
2022	£316,208	£3,685	12
2021	£224,594	£3,029	16
2020	£223,859	£2,813	17
2019	£182,026	£2,327	19
2018	£191,219	£2,374	16
2017	£196,789	£2,438	19
2016	£200,416	£2,357	18
2015	£178,819	£2,107	31
2014	£138,963	£1,903	26
2013	£137,136	£1,538	22
2012	£126,050	£1,599	10
2011	£136,627	£1,706	16
2010	£128,111	£1,541	9
2009	£144,357	£1,608	15
2008	£143,597	£1,670	18
2007	£147,767	£1,827	39
2006	£121,444	£1,518	29
2005	£125,083	£1,534	18
2004	£101,932	£1,257	25
2003	£92,911	£1,207	30
2002	£75,927	£946	27
2001	£61,624	£825	20
2000	£51,139	£683	25
1999	£44,172	£543	34
1998	£37,694	£493	18
1997	£37,610	£488	24
1996	£34,188	£448	17
1995	£26,275	£344	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£400,000		4
2023	£537,417	£3,671	6
2022	£529,688	£3,935	8
2021	£350,972	£3,409	8
2020	£324,167	£3,535	6
2019	£392,500	£2,502	3
2018	£333,889	£3,321	9
2017	£298,000	£3,824	6
2016	£304,444	£3,173	9
2015	£215,929	£2,443	7
2014	£265,778	£2,629	9
2013	£192,832	£2,303	3
2012	£214,786	£2,488	7
2011	£233,786	£2,670	7
2010	£204,408	£2,360	6
2009	£213,230	£2,233	10
2008	£215,000	£2,003	4
2007	£256,966	£2,654	12
2006	£231,080	£2,002	10
2005	£261,125	£2,041	8
2004	£205,500	£1,726	6
2003	£169,250	£1,685	10
2002	£172,642	£1,827	14
2001	£173,375	£1,313	8
2000	£129,749	£1,239	12
1999	£151,270	£1,206	5
1998	£88,244	£883	8
1997	£83,928	£766	7
1996	£70,690	£876	5
1995	£62,750	£728	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,000	£3,500	2
2017	£118,667	£420	3
2016	£202,333	£1,915	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£177,500	£3,404	2
2022	£53,000	£1,050	1
2021	£160,000	£2,601	2
2020	£110,000	£2,075	1
2019	£170,000	£4,474	1
2018	£153,250	£2,869	4
2017	£111,750	£1,443	2
2016	£175,833	£2,747	3
2014	£65,000	£1,182	1
2013	£122,500	£2,076	2
2011	£116,500	£1,925	2
2009	£57,500	£975	1
2008	£150,000	£2,344	1
2007	£191,682	£3,224	13
2002	£69,000	£1,769	1
2001	£49,000	£505	1
2000	£50,250	£932	2
1999	£35,500		1
1997	£25,250	£647	1

House Type in MK2 2LB area

The most common house types in the MK2 2LB postcode area are Terraced (57), Semi-detached (32), and Detached (31).

Total	124
Terraced	57
Semi-detached	32
Detached	31
Flat	2
temporary structure	2
Shared house	0
converted building	0
commercial building	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Social rented: Rents from council or Local Authority (35).

Owned: Owns outright	48
Social rented: Rents from council or Local Authority	35
Owned: Owns with a mortgage or loan	23
Private rented: Private landlord or letting agency	6
Lives rent free	5
Private rented: Other private rented	3
Shared ownership: Shared ownership	2
Social rented: Other social rented	2
Does not apply	0

Number of People in a Household

The most houses in the MK2 2LB have 2 people in household (50), and 1 person in household (27).

2 people in household	50
1 person in household	27
3 people in household	17
5 people in household	11
4 people in household	10
6 people in household	8
7 people in household	1
0 people in household	0
8 or more people in household	0