Key indicators for buyers
The MK15 market is moderately favourable for buyers. Prices have softened (-51.9%), which could present a buying opportunity. 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.
Yearly averages · HM Land Registry Price Paid Data
2025averages · HM Land Registry Price Paid Data
House price ÷ median earnings · ONS data
Affordability data shown for wider Milton Keynes area
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
Rental data shown for wider Milton Keynes area
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 £400,762 with a 25% deposit (£100k), a 2-year fixed mortgage at 3.97% costs around £1,582 per month.
Monthly cost comparison based on current data
Uses MK15 avg. price with Milton Keynes rental data
Monthly mortgage payments (£1,582) are £255 more than renting (£1,327). However, buying requires an upfront deposit of £100k — it would take around 12 years to recoup that cost compared to renting and investing the difference.
Latest transactions · HM Land Registry Price Paid Data
| Address | Type | Price | Date |
|---|---|---|---|
7, LONGCROSS, PENNYLAND MK15 8AW | Detached | £315,000 | 17 Dec 2025 |
25, COBERLEY CLOSE, DOWNHEAD PARK MK15 9BJ | Detached | £440,000 | 15 Dec 2025 |
67, ORNE GARDENS, BOLBECK PARK MK15 8PG | Semi-detached | £322,500 | 27 Nov 2025 |
5, BELLS MEADOW, WILLEN PARK MK15 9DG | Semi-detached | £335,000 | 27 Nov 2025 |
13, WILLEN PARK AVENUE, WILLEN PARK MK15 9HF | Semi-detached | £327,500 | 27 Nov 2025 |
7, CAROLUS CREEK, PENNYLAND MK15 8AZ | Detached | £670,000 | 24 Nov 2025 |
14, BUTTERFIELD CLOSE, WOOLSTONE MK15 0BZ |
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 MK15 sold for £400,762 in 2025, with a median of £330,250 across 84 transactions. Prices fell 51.9% compared to the previous year.
| Detached |
| £735,000 |
| 21 Nov 2025 |
13, KIRTLINGTON, DOWNHEAD PARK MK15 9AZ | Detached | £380,000 | 20 Nov 2025 |
52, LEOPARD DRIVE, PENNYLAND MK15 8AD | Terraced | £290,000 | 14 Nov 2025 |
11, MILL LANE, WOOLSTONE MK15 0AJ | Detached | £957,500 | 14 Nov 2025 |
25, SAKURA WALK, WILLEN PARK MK15 9EJ | Semi-detached | £387,000 | 12 Nov 2025 |
39, CHRISTIAN COURT, WILLEN MK15 9HY | Semi-detached | £325,000 | 11 Nov 2025 |
338, JAPONICA LANE, WILLEN PARK MK15 9EG | Flat/Maisonette | £450,000 | 29 Oct 2025 |
29, ALDRICH DRIVE, WILLEN MK15 9HP | Semi-detached | £345,000 | 27 Oct 2025 |
32, SAKURA WALK, WILLEN PARK MK15 9EH | Flat/Maisonette | £238,000 | 17 Oct 2025 |
53, ANGEL CLOSE, PENNYLAND MK15 8AQ | Semi-detached | £277,000 | 14 Oct 2025 |
26, FAIRFORD CRESCENT, DOWNHEAD PARK MK15 9AQ | Semi-detached | £275,000 | 6 Oct 2025 |
9, FLORIN CLOSE, PENNYLAND MK15 8AG | Semi-detached | £320,000 | 3 Oct 2025 |
5, SOVEREIGN DRIVE, PENNYLAND MK15 8AH | Semi-detached | £241,000 | 30 Sept 2025 |
24, KEMBLE COURT, DOWNHEAD PARK MK15 9AX | Semi-detached | £290,000 | 19 Sept 2025 |
The most recent recorded sale in MK15 was a detached property on Longcross for £315,000 in December 2025. Across the last 20 sales, the median price was £327,500.