Housing Market Analysis for MILL ROAD, MK2 2TL

Are you looking to understand MK2 2TL 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 2TL area, explore the MK2 2TL Area information page.
For comprehensive crime statistics in the MK2 2TL area, explore the MK2 2TL Crime Rates page.

Overview of Sold House prices

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

  • Detached
    • The average price is around £318,000 median price is £243,500 Standard Deviation is £134,002 with Total Sold: 4
    • The Last 5 Year average price is £550,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, THE WHARF MILL ROAD: £550,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 3, THE WHARF MILL ROAD: £241,000 (Sold on 28 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average MK2 2TL 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£550,0001
2012£235,000 £2,938 1
2007£246,0001
2006£241,0001

All the Sales in the MILL ROAD, MK2 2TL

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

AddressSold DatePrice% Change
5, THE WHARF MILL ROADDetached, Freehold28 Mar 2024£550,000First Sale
4, THE WHARF MILL ROADDetached, FreeholdArea: 80 Sq.mtrAge: 1983-199016 Aug 2012£235,000First Sale
1, THE WHARF MILL ROADDetached, Freehold03 Aug 2007£246,000First Sale
3, THE WHARF MILL ROADDetached, Freehold28 Jul 2006£241,000First Sale

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

MILL ROAD, MK2 2TL Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK2 2TL 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 2TL postcode.

  • Terraced
    • The average price is around £120,637 median price is £112,000 Standard Deviation is £73,755 with Total Sold: 513
    • The Last 5 Year average price is £228,474 with Total Sold: 72
    • 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 £249,437 median price is £229,122 Standard Deviation is £146,559 with Total Sold: 176
    • The Last 5 Year average price is £448,107 with Total Sold: 28
    • 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)
  • Semi-Detached
    • The average price is around £174,966 median price is £168,000 Standard Deviation is £83,513 with Total Sold: 567
    • The Last 5 Year average price is £287,160 with Total Sold: 94
    • The most recent sale happened at this postcode is , 23 LARCH GROVE: £295,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 27 OAKWOOD DRIVE: £45,000 (Sold on 31 Jan 1995)
  • Flat
    • The average price is around £118,297 median price is £100,000 Standard Deviation is £138,222 with Total Sold: 19
    • The Last 5 Year average price is £115,600 with Total Sold: 5
    • The most recent sale happened at this postcode is , 8 APPLEBY HEATH: £130,000 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is , 9 APPLEBY HEATH: £25,250 (Sold on 30 Sep 1997)
  • Other
    • The average price is around £231,750 median price is £241,000 Standard Deviation is £69,564 with Total Sold: 4
    • The most recent sale happened at this postcode is , SYCAMORE HOUSE DRAYTON ROAD: £320,000 (Sold on 19 Jul 2017)
    • The first recorded sale happened at this postcode is , 11 SOUTHLAND DRIVE: £240,000 (Sold on 06 Jun 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£265,000 £3,389 7
2023£258,208 £3,406 12
2022£313,277 £3,764 9
2021£217,929 £2,862 14
2020£197,864 £2,599 14
2019£178,500 £2,212 16
2018£184,964 £2,287 14
2017£185,118 £2,308 17
2016£171,133 £1,981 15
2015£170,142 £1,958 21
2014£135,457 £1,898 22
2013£135,824 £1,388 17
2012£113,500 £1,492 10
2011£134,252 £1,593 12
2010£126,929 £1,406 7
2009£147,835 £1,579 13
2008£140,279 £1,611 17
2007£145,594 £1,776 34
2006£113,768 £1,320 22
2005£113,235 £1,296 17
2004£92,951 £1,007 21
2003£84,131 £1,075 27
2002£65,299 £720 24
2001£58,176 £778 17
2000£48,064 £620 23
1999£38,640 £459 26
1998£35,666 £469 15
1997£35,082 £435 20
1996£31,272 £366 11
1995£25,342 £317 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,0004
2023£566,900 £3,839 5
2022£551,071 £3,858 7
2021£372,000 £3,477 5
2020£324,167 £3,535 6
2019£450,0001
2018£334,167 £3,147 6
2017£310,600 £3,824 5
2016£309,374 £3,242 8
2015£206,083 £2,413 6
2014£265,778 £2,629 9
2013£192,832 £2,303 3
2012£212,800 £2,661 5
2011£250,750 £3,104 4
2010£204,408 £2,360 6
2009£212,725 £2,391 8
2008£220,000 £2,003 3
2007£256,966 £2,654 12
2006£230,971 £1,933 7
2005£266,286 £1,889 7
2004£205,500 £1,726 6
2003£168,167 £1,673 9
2002£170,317 £1,773 11
2001£184,143 £1,270 7
2000£137,499 £1,529 8
1999£151,270 £1,206 5
1998£102,750 £776 4
1997£88,374 £756 4
1996£76,500 £876 3
1995£67,500 £727 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£332,5002
2023£314,550 £3,892 10
2022£316,583 £4,072 18
2021£293,136 £3,575 22
2020£265,833 £3,262 21
2019£259,643 £2,952 21
2018£247,400 £3,319 25
2017£263,204 £3,100 27
2016£239,590 £2,779 23
2015£203,423 £2,758 13
2014£191,000 £2,234 15
2013£159,069 £2,129 18
2012£165,558 £1,862 12
2011£172,289 £2,038 14
2010£172,788 £1,772 23
2009£168,290 £2,374 24
2008£171,389 £2,087 13
2007£178,251 £1,963 43
2006£155,234 £1,826 27
2005£141,406 £1,695 16
2004£147,545 £2,050 22
2003£148,175 £1,569 20
2002£115,437 £1,388 16
2001£85,875 £995 25
2000£79,970 £1,298 17
1999£59,147 £741 17
1998£69,131 £789 17
1997£61,484 £654 19
1996£50,684 £535 13
1995£50,614 £510 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£130,000 £3,292 1
2022£53,000 £1,050 1
2021£115,000 £1,983 1
2020£110,000 £2,075 1
2019£170,000 £4,474 1
2018£124,000 £2,796 2
2017£111,750 £1,443 2
2014£65,000 £1,182 1
2009£57,500 £975 1
2007£398,200 £7,056 2
2002£69,000 £1,769 1
2001£49,000 £505 1
2000£50,250 £932 2
1999£35,5001
1997£25,250 £647 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£320,0001
2016£202,333 £1,915 3

House Type in MK2 2TL area

The most common house types in the MK2 2TL postcode area are Semi-detached (98), Detached (64), and Terraced (17).

Total181
Semi-detached98
Detached64
Terraced17
Shared house1
converted building1
Flat0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright66
Owned: Owns with a mortgage or loan49
Social rented: Rents from council or Local Authority31
Social rented: Other social rented16
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership2
Private rented: Other private rented2
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK2 2TL have 2 people in household (82), and 1 person in household (52).

2 people in household82
1 person in household52
3 people in household30
4 people in household8
5 people in household7
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0