# 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: 221 incidents within 1 mile (Jun 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% | £259,080 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/49e87c31-97c6-591c-e063-4704a8c00c31) |
| Sold | 2014-10-30 | £115,000 | Terraced | — | £181,147 (to May 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 May 2026.*

- **1y growth (index):** 0%
- **5y growth (index):** 19%
- **10y growth (index):** 32.5%

## 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 | 107 |
| Public order | 24 |
| Criminal damage and arson | 21 |
| Other theft | 19 |
| Vehicle crime | 13 |
| Anti-social behaviour | 12 |
| Shoplifting | 8 |
| Burglary | 5 |
| Bicycle theft | 3 |
| Drugs | 3 |
| Other crime | 2 |
| Theft from the person | 2 |
| Possession of weapons | 1 |
| Robbery | 1 |
| **Total incidents** | **221** |

*Within 1 mile during Jun 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)