Milton Keynes property prices

The average property price in Milton Keynes postcode area is £336k. The average price increased by £14.2k (4%) over the last twelve months. The price of an established property is £327k. The price of a newly built property is £392k. There were 6.0k property sales and sales dropped by 34.6% (-3.5k transactions). Most properties were sold in the £300k-£400k price range with 1463 (24.5%) properties sold, followed by £200k-£250k price range with 1047 (17.5%) properties sold.

March 2020 - February 2021

Milton Keynes postcode area

England and Wales

£336k

average property price

£320k

average property price

4%

average price percentage change

8%

average price percentage change

£14.2k

average price change

£22.6k

average price change

Milton Keynes house prices map

This price map shows the average property price in a given postcode sector between March 2020 - February 2021. The most affordable place was 'MK9 3' with the average price of £154k. The most expensive place was 'MK17 9', £611k.

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 March 2020 - February 2021 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 £336k, Milton Keynes is the 40. 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 March 2020 - February 2021.

Milton Keynes property sales share by price range
Property price rangeMarket shareSales volumes
under £50k0.1%8
£50k-£100k2.7%164
£100k-£150k4.4%263
£150k-£200k9.0%536
£200k-£250k17.5%1.0k
£250k-£300k16.8%1.0k
£300k-£400k24.5%1.5k
£400k-£500k12.1%725
£500k-£750k10.1%606
£750k-£1M2.0%118
over £1M0.7%43

Milton Keynes cost comparison of new homes and older homes

March 2020 - February 2021

Milton Keynes cost comparison of new homes and older homes

£392k

A newly built property

£327k

An established property

Milton Keynes cost comparison of houses and flats

March 2020 - February 2021

Milton Keynes cost comparison of houses and flats

£483k

Detached

£169k

Flat

£303k

Semi-Detached

£253k

Terraced

Milton Keynes real house prices

Yearly average nominal house prices adjusted for inflation.

Milton Keynes real house prices

Milton Keynes house prices compared to England & Wales' house prices

Yearly average nominal prices

Milton Keynes house prices

Milton Keynes house prices per square meter

Yearly average nominal prices per square meter.

Average price 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 new vs established

Yearly average nominal prices. Graphs shows a difference between house prices of newly built properties and house prices of established residential properties.

Milton Keynes house prices new vs established

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 8.8 in Milton Keynes and 10.1 in Aylesbury Vale. Ie. Milton Keynes resident with middle-income needs 8.8 gross annual salaries to buy a medium-priced property. Resident in Aylesbury Vale needs 10.1 annual salaries. The England and Wales ratio was 7.7 in 2019.
Milton Keynes house price to earnings ratio history

Local authorityMedian house price to median salary ratio in 2019
England and Wales7.7
Milton Keynes8.8
Bedford9
Central Bedfordshire9
Aylesbury Vale10.1

Other reports for Milton Keynes postcode area

new home prices

property transactions

salary and unemployment

home features

population statistics

crime statistics

home energy certificates

energy costs

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