The price of a newly built property is £507k in Milton Keynes postcode area. The price increased by £48.8k (11%) over the last twelve months. The price of an established property is £361k. There were 232 sales of newly build properties. Most new properties were sold in the £500k-£750k price range with 96 (41.4%) properties sold, followed by £400k-£500k price range with 82 (35.3%) properties sold. Most new homes were sold in MK8 1, with 66 sold to date from August 2023 - July 2024.
| August 2023 - July 2024 | Milton Keynes postcode area | England & Wales |
|---|---|---|
| Average price of a new home | £507k | £378k |
Average price change | 11% £48.8k | -4% £-15.0k |
August 2023 - July 2024
| New or established | Average price |
|---|---|
| █ A newly built property | £507k |
| █ An established property | £361k |
August 2023 - July 2024
shows the total volume of new homes sold a given postcode sector.
shows a sales volume of new homes in a given price range between August 2023 - July 2024. See also Milton Keynes property sales reports.
| Property price range | Market share | Sales volume |
|---|---|---|
| █ £150k-£200k | 0.4% | 1 |
| █ £200k-£250k | 0.9% | 2 |
| █ £250k-£300k | 2.6% | 6 |
| █ £300k-£400k | 15.1% | 35 |
| █ £400k-£500k | 35.3% | 82 |
| █ £500k-£750k | 41.4% | 96 |
| █ £750k-£1M | 3.9% | 9 |
| █ over £1M | 0.4% | 1 |
August 2023 - July 2024
August 2023 - July 2024
Yearly average nominal house prices adjusted for inflation
Yearly average nominal prices
Yearly average nominal prices
Yearly average nominal prices
Total sales volumes by year
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