Key indicators for buyers
The MK46 market is moderately favourable for buyers. Prices have softened (-45.3%), 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
2026averages · 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 £385,938 with a 25% deposit (£96k), a 2-year fixed mortgage at 3.97% costs around £1,523 per month.
Monthly cost comparison based on current data
Uses MK46 avg. price with Milton Keynes rental data
Monthly mortgage payments (£1,523) are £196 more than renting (£1,327). However, buying requires an upfront deposit of £96k — it would take around 11 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 |
7, DAGNALL ROAD MK46 5BJ | Terraced | £148,750 | 20 Jan 2026 |
7, FLAXLANDS ROW MK46 5NU | Detached | £690,000 | 9 Jan 2026 |
13, BRIDGE STREET MK46 4AB | Semi-detached | £370,000 | 19 Dec 2025 |
TURF MOOR, 4, WHITE HILL MK46 5AY | Detached | £730,000 | 12 Dec 2025 |
29, OSIER WAY MK46 5FP | Terraced | £408,000 |
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 MK46 sold for £385,938 in 2026, with a median of £352,500 across 4 transactions. Prices fell 45.3% compared to the previous year.
| 12 Dec 2025 |
39, CAREY WAY MK46 4DR | Semi-detached | £300,000 | 12 Dec 2025 |
6, KIPPELL HILL MK46 5ER | Semi-detached | £265,000 | 10 Dec 2025 |
31, NORTHAMPTON ROAD, LAVENDON MK46 4EY | Detached | £686,250 | 5 Dec 2025 |
107, LIMBREY DRIVE MK46 5GE | Detached | £800,000 | 5 Dec 2025 |
81, WESTON ROAD MK46 5BE | Terraced | £287,500 | 4 Dec 2025 |
2, RABANS CLOSE MK46 5NG | Detached | £504,000 | 4 Dec 2025 |
8, COURT CORNER MK46 5QH | Terraced | £317,000 | 27 Nov 2025 |
46, HIGH STREET MK46 4BE | Terraced | £485,000 | 24 Nov 2025 |
6, FLAXLANDS ROW MK46 5NU | Terraced | £372,500 | 17 Nov 2025 |
9, LANGLANDS, LAVENDON MK46 4EP | Semi-detached | £397,500 | 17 Nov 2025 |
3, STONE PIT CLOSE MK46 5LX | Detached | £800,000 | 17 Nov 2025 |
78, MIDLAND ROAD MK46 4BP | Detached | £1,100,000 | 17 Nov 2025 |
6, WILKINSON CROFT, LAVENDON MK46 4FR | Detached | £552,500 | 14 Nov 2025 |
The most recent recorded sale in MK46 was a terraced property on West Street for £235,000 in January 2026. Across the last 20 sales, the median price was £470,000.