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Bletchley House Prices Bletchley House Prices

The average house price in Bletchley is £282,761 using HM Land Registry data.

The average property price increased by £64,341 (23.67%) over the last 5 years and increased by £12,863 (3.98%) over the last 12 months.

Over the last year, there were 444 residential property sales – a decrease of 179 transactions (-40.32%) relative to the previous year. The majority of house sales (92) were in the £282,000 - £338,000 range. Then came properties in the £338,000 - £394,000 range, where 85 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 63 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,864 (-2%).

In Oct 24, there were 81 new estate agency instructions, 62 agreed home sales and 64 property price reductions.

Neighbouring Areas: Milton Keynes

Postcodes Covered: MK1, MK17, MK2, MK3, MK6

5-Year Average Property Prices in Bletchley

23.67%

Property prices in Bletchley increased by 23.67% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Bletchley Over the Last Year

3.98%

Property prices in Bletchley increased by 3.98% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for Bletchley - Oct 24

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Bletchley

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Bletchley

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Bletchley

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Bletchley since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Bletchley area since 1995.

Recent Property Sales in Bletchley

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
69 St Clements Drive, Bletchley, Milton Keynes, MK3 5EJ£441,000£441,000£0003 Jun 202415 Aug 202473 Days
54 Shenley Road, Bletchley, Milton Keynes, MK3 6HF£425,000£425,000£0008 Dec 202302 Aug 2024238 Days
9 Haddington Close, Bletchley, Milton Keynes, MK3 7TD£315,000£310,000-£5,00022 Apr 202401 Aug 2024101 Days
24 Tyne Square, Bletchley, Milton Keynes, MK3 7QA£275,000£265,000-£10,00008 Apr 202426 Jul 2024109 Days
41 Sutherland Grove, Bletchley, Milton Keynes, MK3 7NU£360,000£340,000-£20,00023 Nov 202324 Jul 2024244 Days
15 Harkness Close, Bletchley, Milton Keynes, MK2 3NB£235,000£230,000-£5,00003 Jan 202315 Jul 2024559 Days
28 Knaresborough Court, Bletchley, Milton Keynes, MK3 7DS£180,000£175,000-£5,00004 Apr 202415 Jul 2024102 Days
141 Buckingham Road, Bletchley, Milton Keynes, MK3 5JD£550,000£540,000-£10,00004 Mar 202412 Jul 2024130 Days
37 Frensham Drive, Bletchley, Milton Keynes, MK2 3AP£325,000£325,000£0018 Mar 202411 Jul 2024115 Days
68 Colossus Way, Bletchley, Milton Keynes, MK3 6GW£92,000£92,000£0027 Feb 202408 Jul 2024132 Days
75 Normandy Way, Bletchley, Milton Keynes, MK3 7UW£525,000£517,000-£8,00003 May 202304 Jul 2024428 Days
46 Normandy Way, Bletchley, Milton Keynes, MK3 7UN£650,000£650,000£0021 Mar 202304 Jul 2024471 Days
6 Wye Close, Bletchley, Milton Keynes, MK3 7PJ£415,000£400,000-£15,00006 Mar 202426 Jun 2024112 Days
6 North Street, Bletchley, Milton Keynes, MK2 2PY£340,000£327,000-£13,00001 Nov 202324 Jun 2024236 Days
31 Walnut Drive, Bletchley, Milton Keynes, MK2 2JA£310,000£282,000-£28,00014 Mar 202421 Jun 202499 Days
12 St Georges Road, Bletchley, Milton Keynes, MK3 5ES£375,000£375,000£0026 Mar 202417 Jun 202483 Days
8 Hoylake Close, Bletchley, Milton Keynes, MK3 7RH£340,000£325,000-£15,00015 Feb 202412 Jun 2024118 Days
13 Birchfield Grove, Bletchley, Milton Keynes, MK2 2RQ£340,000£332,500-£7,50019 Feb 202411 Jun 2024113 Days
27 Trafalgar Avenue, Bletchley, Milton Keynes, MK3 7UL£440,000£435,000-£5,00005 Feb 202410 Jun 2024126 Days
29 Epsom Grove, Bletchley, Milton Keynes, MK3 5NR£90,000£90,000£0021 Feb 202407 Jun 2024107 Days

Most Expensive Streets in Bletchley

PostcodeStreetAreaAverageNo. of Sales
MK2 2UZMill RoadBletchley£1,026,6663
MK3 7RWWentworth WayBletchley£733,7504
MK3 5NTHuntingdon CrescentBletchley£675,0005
MK3 6DEChurch Green RoadBletchley£626,2504
MK17 9GRClements DriveEaton Leys£622,06115
MK17 9GBBurgess AvenueEaton Leys£581,58611
MK3 6DDChurch Green RoadBletchley£534,0004
MK3 7QPOtter CloseBletchley£523,3333
MK3 5RFRamsey CrescentNewton Leys£516,2016
MK3 6HUWhalley DriveBletchley£515,0006

Least Expensive Streets in Bletchley

PostcodeStreetAreaAverageNo. of Sales
MK3 7EQYorkshire CloseBletchley£89,5628
MK2 3FESouthland DriveBletchley£94,5004
MK2 2AFStephenson HouseWetherburn Court£98,8357
MK2 2YZFindlay WayBletchley£100,0007
MK3 5GAAnglesey ViewNewton Leys£100,4287
MK2 2LSBagshot CourtClifford Avenue£103,9449
MK2 2AQEden CourtAylesbury Street, Bletchley£114,47621
MK3 5NDChepstow DriveBletchley£127,0003
MK2 2NEBaisley GardensBletchley£128,8889
MK2 2HASt. Margarets CourtVicarage Road£135,0003

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