Key indicators for buyers
The Milton Keynes market is moderately favourable for buyers. Affordability has improved from a peak of 9.9x in 2021 to 8.4x today. Rising rents (£1,327/mo, +3.3%) mean the cost of waiting is real.
Average sale prices · HM Land Registry / UK HPI
House price ÷ median earnings · ONS data
A home in Milton Keynes costs 8.4x the local median salary — stretched, improving from a peak of 9.9x in 2021.
Average monthly rent · ONS Private Rental Index
Average monthly rent in Milton Keynes is £1,327, up 3.3% year-on-year. Rents have risen consistently over the past five years.
2yr fixed · 75% LTV · 25yr term · BoE avg. rate
Based on the average Milton Keynes price of £324,887 with a 25% deposit (£81k), a 2-year fixed mortgage at 3.97% costs around £1,282 per month.
Monthly cost comparison based on current data
Monthly mortgage payments (£1,282) are £45 less than renting (£1,327). However, buying requires an upfront deposit of £81k — it would take around 8 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
45, WEST STREET MK46 5HH | Terraced | £235,000 | 29 Jan 2026 |
6, COWPER STREET MK46 4BW | Terraced | £470,000 | 27 Jan 2026 |
14, BARNSBURY GARDENS MK16 0PH | Terraced | £231,000 | 26 Jan 2026 |
38, THIRLMERE AVENUE, BLETCHLEY MK2 3ET | Terraced | £255,000 | 26 Jan 2026 |
16, MERCERS DRIVE, BRADVILLE MK13 7AY | Semi-detached | £375,000 | 26 Jan 2026 |
23, BREARLEY AVENUE, OLDBROOK MK6 2SH | Detached | £435,000 | 23 Jan 2026 |
35, THE MOUNT, SIMPSON MK6 3DT | Flat/Maisonette |
18postcode districts · Click for detailed prices
Data sources (all free & public): HM Land Registry Price Paid Data & UK House Price Index · ONS Housing Affordability Ratios · ONS Private Rental Index · Bank of England Quoted Household Interest Rates · HMRC Monthly Property Transactions
Contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0.
The average property in Milton Keynes sells for £324,887, up slightly (0.9%) over the past year. Prices have grown from around £51k in the mid-1990s.
| £170,000 |
| 23 Jan 2026 |
13, ST BRIDES CLOSE, SPRINGFIELD MK6 3EY | Detached | £590,000 | 22 Jan 2026 |
42, LILLESHALL AVENUE, MONKSTON MK10 9FX | Detached | £632,000 | 22 Jan 2026 |
90, HILLIARD DRIVE, BRADWELL MK13 9EP | Semi-detached | £200,000 | 21 Jan 2026 |
10, DROVERS CROFT, GREENLEYS MK12 6AN | Terraced | £217,000 | 21 Jan 2026 |
7, DAGNALL ROAD MK46 5BJ | Terraced | £148,750 | 20 Jan 2026 |
9, CARDNO AVENUE, EAGLE FARM SOUTH MK17 7DY | Semi-detached | £390,000 | 20 Jan 2026 |
4, WORDSWORTH DRIVE, BLETCHLEY MK3 5HR | Semi-detached | £320,000 | 19 Jan 2026 |
125, ENGAINE DRIVE, SHENLEY CHURCH END MK5 6BB | Terraced | £305,000 | 19 Jan 2026 |
6 LABURNHAM COTTAGES, HIGH ROAD, SOULBURY LU7 0DA | Terraced | £350,000 | 19 Jan 2026 |
23, BROMHAM MILL, GIFFARD PARK MK14 5QP | Detached | £575,000 | 16 Jan 2026 |
16, HAREBELL CLOSE, WALNUT TREE MK7 7BA | Semi-detached | £260,000 | 16 Jan 2026 |
38, HAMBLETON GROVE, EMERSON VALLEY MK4 2JS | Semi-detached | £288,000 | 16 Jan 2026 |
52, WESTFIELD ROAD, BLETCHLEY MK2 2RB | Detached | £366,000 | 16 Jan 2026 |
The most recent recorded sale in Milton Keynes was a terraced property on West Street for £235,000 in January 2026. Across the last 20 sales, the median price was £320,000.