Property Data OutlookMilton Keynes
Data from Land Registry, ONS, Bank of England
Compare with another area →Market outlook for Milton Keynes
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.
Price trends
Average sale prices · HM Land Registry / UK HPI
Affordability ratio
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.
Rental trends
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.
Monthly mortgage
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.
Rent vs buy snapshot
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.
Recent sales
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 |
Explore postcodes in Milton Keynes
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.