Milton Keynes property prices

The average property price in Milton Keynes postcode area is £344k. The average price declined by £-3.3k (-1%) over the last twelve months. The price of an established property is £342k. The price of a newly built property is £380k. There were 6.9k property sales and sales dropped by 5.9% (-522 transactions). Most properties were sold in the £300k-£400k price range with 1779 (25.6%) properties sold, followed by £250k-£300k price range with 1304 (18.8%) properties sold.

April 2021 - March 2022

Milton Keynes postcode area

England and Wales

£344k

average property price

£337k

average property price

-1%

average price percentage change

1%

average price percentage change

£-3.3k

average price change

£3.4k

average price change

Milton Keynes house prices map

This price map shows the average property price in a given postcode sector between April 2021 - March 2022. The most affordable place was 'MK40 1' with the average price of £165k. The most expensive place was 'MK18 6', £875k.

Milton Keynes house prices map

Milton Keynes house prices compared to other areas

Comparison of the average property price and an average price percentage change by postcode area. Price % change compares the average property price between April 2021 - March 2022 to the average price in the previous 12 months. The size of the circle shows the number of property transactions. The bigger the circle the higher the sales volumes in postcode area.

Milton Keynes house prices compared to other areasAverage price percentage change
Average property price

Milton Keynes house price rank

With the average price of £344k, Milton Keynes is the 41. most pricey postcode area out of 105 England and Wales' postcode areas.

Milton Keynes house price rank

Milton Keynes property sales share by price range

shows a number of properties sold in a given price range between April 2021 - March 2022.

Milton Keynes property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%9
£50k-£100k3.1%217
£100k-£150k4.5%310
£150k-£200k7.8%544
£200k-£250k15.0%1.0k
£250k-£300k18.8%1.3k
£300k-£400k25.6%1.8k
£400k-£500k11.2%774
£500k-£750k10.2%710
£750k-£1M2.4%169
over £1M1.1%77

Milton Keynes cost comparison of new homes and older homes

April 2021 - March 2022

Milton Keynes cost comparison of new homes and older homes

£380k

A newly built property

£342k

An established property

Milton Keynes cost comparison of houses and flats

April 2021 - March 2022

Milton Keynes cost comparison of houses and flats

£519k

Detached

£177k

Flat

£318k

Semi-Detached

£269k

Terraced

Plumplot area insights - interactive charts and maps

Plumplot area insights - interactive maps and charts

Milton Keynes real house prices

Yearly average nominal house prices adjusted for inflation.

Milton Keynes real house prices

Milton Keynes house prices

Yearly average nominal prices compared to England & Wales' house prices

Milton Keynes house prices

Milton Keynes house prices per square meter

Yearly average nominal price per square meter compared to England & Wales' house prices

Milton Keynes house prices per square meter

Milton Keynes house prices and nearby areas

Yearly average nominal prices

Milton Keynes house prices and nearby areas

Milton Keynes house prices by property type

Yearly average nominal prices

Milton Keynes house prices by property type

Milton Keynes house price to earnings ratio

The median property price to median earnings ratio is ranging between 8.1 in Bedford and 9.1 in Milton Keynes. Ie. Bedford resident with middle-income needs 8.1 gross annual salaries to buy a medium-priced property. Resident in Milton Keynes needs 9.1 annual salaries. The England and Wales ratio was 7.69 in 2020.
Milton Keynes house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2020
England and Wales7.69
Bedford8.1
Central Bedfordshire8.6
Milton Keynes9.1

Other reports for Milton Keynes postcode area

house prices per square meter

new home prices

property transactions

salary and unemployment

energy costs

crime statistics

home energy certificates

home features

population statistics

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