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MK2 (Bletchley) area guide
Have your say - click here to share your opinions on MK2
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Postcode District:
MK2
Postcode District Name:
Bletchley
Location:
The MK2 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bletchley, Bletchley and Fenny Stratford, Buckinghamshire, Eaton Manor, Great Brickhill, Milton Keynes.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about MK2 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK2" section.
A Mouseprice property guide for MK2 Bletchley is coming soon. In the meantime, please have a look at the raw data and statistics about MK2 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
 The size of the property market in MK2 is 5568 homes.
When growth averages 16.1% over a 5 year period, as in this postcode district, there are a number of possible explanations, for example that this isa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
During the last 3 months, property in this postcode district has averaged a value of £130144.
Price earnings ratio is an indicator of the affordability of property for someone on the average salary in the area. Price Earnings Ratio in this postcode district is 9.
New transactions as a percentage of overall sales are 1.5%.
Housing stock:
The most readily available type of property in the area are Terraced Houses, making up 44.8% of the total.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 10.7% are this type.
A high proportion of property in this area is socially rented.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £152745.
Who lives here:
The population of this postcode district is 13375.
The average age in this area is 34.
This looks like a great place to go out – 28.9% of the population is single!
Average working hours in this area for men are 42 and for women are 31.
This area has 14.5 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (24.1% of workers), followed by Construction (17.5%).
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