Terraced 2 sales on record

38 THIRLMERE AVENUE

BLETCHLEY, MILTON KEYNES, MK2 3ET

£255,000

Location

Map view View on Google Maps View on OpenStreetMap Street View MK2 3ET

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Grasmere Way	0.1 miles
Shop	Co-op Food	0.4 miles
Train station	Bletchley	0.9 miles
Hospital	Parkside Medical Centre	1.3 miles
University	University of Bedfordshire Milton Keynes Campus	4.1 miles

Property details

Tenure

Freehold

Property type

Terraced

Floor area

81 m²

EPC rating

Year built

England and Wales: 1967-1975

Last sold

£255,000 Jan 2026

Price per m²

£3,148/m²

Local average

£239,125 (16 sales)

Street crime

200 incidents within 1 mile (May 2026)

EPC Rating & Upgrade Cost

Current rating: C

Potential rating: B

Inspection date: 19/07/2023

Expiry date: 18/07/2033

Current heating cost: £834/year

Potential heating cost: £834/year

Est. upgrade cost to C: £9,500

Recommendations

Solar water heating (£4,000 - £6,000)
Solar photovoltaic panels, 2.5 kWp (£3,500 - £5,500)

View full EPC on gov.uk

Price history

Event	Date	Price	Type	% change	Today’s value (HPI)	Action
Sold	26/01/2026	£255,000	Terraced	+121.7%	£252,212 to April 2026	View transaction
Sold	30/10/2014	£115,000	Terraced	—	£177,403 to April 2026	View transaction

Historic listings

No historic listing events could be matched to the sales on record for this address. We only show events where a listing page could be linked to a Land Registry sale here.

Sold comparables

Same street and nearby sales within 0.25 miles (last 5 years). Land Registry Price Paid Data.

Address	Price	Date	Type
35 LEVEN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3DS	£210,000	14/11/2025	Terraced
5 TARBERT CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EY	£192,000	30/05/2025	Terraced
11 LEVEN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3DS	£195,000	20/12/2023	Terraced
67 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP	£245,000	31/10/2023	Terraced
200 HUNTER DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3NF	£225,000	27/10/2023	Terraced
40 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET	£225,000	14/07/2023	Terraced
1A HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB	£346,000	25/11/2022	Terraced
9 MENTIETH CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EU	£230,000	02/11/2022	Terraced
26 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET	£222,000	17/10/2022	Terraced
1 HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB	£249,000	26/08/2022	Terraced
41 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP	£215,000	27/05/2022	Terraced
16 WINDERMERE DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3DU	£199,500	20/05/2022	Terraced
71 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP	£210,000	30/03/2022	Terraced
5 MENTIETH CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EU	£210,000	31/01/2022	Terraced
28 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET	£212,000	13/10/2021	Terraced
47 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP	£200,000	17/09/2021	Terraced
4 CORIN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3HG	£195,000	08/09/2021	Terraced
38 RYDAL WAY, BLETCHLEY, MILTON KEYNES, MK2 3DL	£160,000	19/08/2021	Terraced

Area average: £218,917 (18 sales)

For sale comparables

No active for-sale comparables found within 1 mile for the same property type.

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 32.4%

10y growth 29.5%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Terraced. As of April 2026.

1y (index) -2.5%

5y (index) 15.6%

10y (index) 29.2%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,206/mo

Realistic £1,340/mo

Optimistic £1,474/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Milton Keynes: Apr 2025 – Mar 2026

Rental Comparables

Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
1 Bed Flat, Marquess Drive, MK2	£1,150/mo	1	0.88 miles	OpenRent

Average rent: £1,150/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.45%

Max investor price (0.8%) £143,750

Target investor price (1%) £115,000

Gross yield 5.4%

Cost-to-rent ratio 18.5×

Monthly cashflow £6/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 0.1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Street-level crime

Category	Count
Violence and sexual offences	105
Anti-social behaviour	28
Public order	18
Other theft	12
Shoplifting	10
Criminal damage and arson	9
Vehicle crime	7
Robbery	3
Burglary	2
Other crime	2
Possession of weapons	2
Bicycle theft	1
Theft from the person	1
Total incidents	200

Within 1 mile during May 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Drayton Park School	Primary	0.1 miles	Outstanding — 6 Sep 2017
Bishop Parker Catholic School	Primary	0.2 miles	Good — 23 Apr 2014
KWS Milton Keynes	Other	0.3 miles	Good — 21 Sep 2022
Sir Herbert Leon Academy	Secondary	0.3 miles	— (Inspected (no overall grade))
The Premier Academy	Primary	0.3 miles	Outstanding — 22 Nov 2018

FENSA

Window and door installation certificates found for this address.

Issued	Work completed	Windows	Doors
31/07/2022	21/07/2022	6	2

# 38 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET

## Property details

- Slug: `7759a84` (address key hash: `7759a842d26429c3561577a7421993ab9612e3b3`)
- Postcode: MK2 3ET
- Transactions on record: 2

- Tenure: Freehold
- Property type: Terraced
- Floor area: 81 m²
- EPC rating: C
- Year built: England and Wales: 1967-1975
- Last sold: £255,000 Jan 2026
- Price per m²: £3,148/m²
- Local average: £239,125 (16 sales)
- Street crime: 200 incidents within 1 mile (May 2026)

## Latest sale

- Price: £255,000
- Date: 2026-01-26
- Type: T
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** C
- **Potential rating:** B
- **Expiry date:** 18/07/2033
- **Current heating cost:** £834/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/0040-2041-6532-2697-6071)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2026-01-26 | £255,000 | Terraced | +121.7% | £252,212 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c31-97c6-591c-e063-4704a8c00c31) |
| Sold | 2014-10-30 | £115,000 | Terraced | — | £177,403 (to April 2026) | [View](http://87.117.209.195:8080/house-prices/5f14cc9a-9523-4f08-93e2-66a5084802fb) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 38 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET | £255,000 | 26/01/2026 | Terraced |
| 38 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET | £115,000 | 30/10/2014 | Terraced |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 35 LEVEN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3DS | £210,000 | 14/11/2025 | Terraced |
| 5 TARBERT CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EY | £192,000 | 30/05/2025 | Terraced |
| 11 LEVEN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3DS | £195,000 | 20/12/2023 | Terraced |
| 67 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP | £245,000 | 31/10/2023 | Terraced |
| 200 HUNTER DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3NF | £225,000 | 27/10/2023 | Terraced |
| 40 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET | £225,000 | 14/07/2023 | Terraced |
| 1A HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB | £346,000 | 25/11/2022 | Terraced |
| 9 MENTIETH CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EU | £230,000 | 02/11/2022 | Terraced |
| 26 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET | £222,000 | 17/10/2022 | Terraced |
| 1 HARKNESS CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3NB | £249,000 | 26/08/2022 | Terraced |
| 41 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP | £215,000 | 27/05/2022 | Terraced |
| 16 WINDERMERE DRIVE, BLETCHLEY, MILTON KEYNES, MK2 3DU | £199,500 | 20/05/2022 | Terraced |
| 71 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP | £210,000 | 30/03/2022 | Terraced |
| 5 MENTIETH CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3EU | £210,000 | 31/01/2022 | Terraced |
| 28 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3ET | £212,000 | 13/10/2021 | Terraced |
| 47 THIRLMERE AVENUE, BLETCHLEY, MILTON KEYNES, MK2 3EP | £200,000 | 17/09/2021 | Terraced |
| 4 CORIN CLOSE, BLETCHLEY, MILTON KEYNES, MK2 3HG | £195,000 | 08/09/2021 | Terraced |
| 38 RYDAL WAY, BLETCHLEY, MILTON KEYNES, MK2 3DL | £160,000 | 19/08/2021 | Terraced |

**Area average:** £218,917 (18 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 32.4%
- **10y growth:** 29.5%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; Terraced series; as of April 2026.*

- **1y growth (index):** -2.5%
- **5y growth (index):** 15.6%
- **10y growth (index):** 29.2%

## Rental Range

*ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,206/mo
- **Realistic:** £1,340/mo
- **Optimistic:** £1,474/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Milton Keynes (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 1 Bed Flat, Marquess Drive, MK2 | £1,150/mo | 1 | 0.88 miles | OpenRent |

**Average rent: £1,150/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.45% (weak for cashflow)
- **Max investor price (0.8%):** £143,750
- **Target investor price (1%):** £115,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,150/mo).*

- **Gross yield:** 5.4%
- **Cost-to-rent:** 18.5×
- **Monthly cashflow:** £6/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 0.1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

## Street-level crime

| Category | Count |
|----------|-------|
| Violence and sexual offences | 105 |
| Anti-social behaviour | 28 |
| Public order | 18 |
| Other theft | 12 |
| Shoplifting | 10 |
| Criminal damage and arson | 9 |
| Vehicle crime | 7 |
| Robbery | 3 |
| Burglary | 2 |
| Other crime | 2 |
| Possession of weapons | 2 |
| Bicycle theft | 1 |
| Theft from the person | 1 |
| **Total incidents** | **200** |

*Within 1 mile during May 2026. Source: data.police.uk (England & Wales).*

## Schools nearby

*Nearest open schools with Ofsted ratings (England). Closed schools are not shown.*

| Name | Type | Distance | Ofsted |
|------|------|----------|--------|
| Drayton Park School | Primary | 0.1 miles | Outstanding — 6 Sep 2017 |
| Bishop Parker Catholic School | Primary | 0.2 miles | Good — 23 Apr 2014 |
| KWS Milton Keynes | Other | 0.3 miles | Good — 21 Sep 2022 |
| Sir Herbert Leon Academy | Secondary | 0.3 miles | — (Inspected (no overall grade)) |
| The Premier Academy | Primary | 0.3 miles | Outstanding — 22 Nov 2018 |

## FENSA Certificates

This property has 1 FENSA certificate(s) on record.

### FENSA Certificate #15328380
- **Address:** 38 Thirlmere Avenue, Bletchley, MK2 3ET
- **Certificate Issued:** 31/07/2022
- **Work Completed:** 21/07/2022
- **Items:** 6 window(s), 2 door(s)