Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.

Milton Keynes, MK5 current market prices

The price growth in Milton Keynes is higher than the national average, with the 2 year growth at 0.5 times the national average. Compared to other areas, MK5 is a relatively expensive area, with an average price 41.7% higher than the national average. The average house price in Milton Keynes, MK5 is £437,855 and the average rent is £916.

MK5 Current Averages

Market characteristic MK5 district National MK5 against national
Average price £437,855 £308,989 41.7%
Average rent £1,047 £916 14.3%
Sales per month 3 8 (51,652 Total) -62.5%


MK5 Growth trends

Growth rate MK5 district National
2yr house growth -13.2% -24.3%
2yr CAGR -6.8% -13%
Last 12 months house price growth 12.8% -22.8%


MK5 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £437,855 £388,174 £504,417 £537,178 View houses for sale in MK5
Flats £0 £148,492 £193,358 N/A View flats for sale in MK5
Detached £0 £653,667 £810,263 £668,750 View detached for sale in MK5
Semi-detached £0 £274,125 £282,500 £362,491 View semi-detached for sale in MK5
Terraced £0 £327,400 £299,492 £363,333 View terraced for sale in MK5
Bungalows N/A N/A N/A N/A View bungalows for sale in MK5

Type Historical Average Price
All properties to rent £1,566 View houses for rent in MK5
Flats for rent £850 View flats for rent in MK5
Detached for rent £1,748 View detached for rent in MK5
Semi-detached for rent £1,375 View semi-detached for rent in MK5
Terraced for rent £1,750 View terraced for rent in MK5
Bungalows for rent N/A View bungalows for rent in MK5



Current market notes

The data above illustrates the relative proportions different types of property in the MK5 postcode district. It is important to note that as homes are demolished and built these percentages will fluctuate accordingly. National averages are based on the most recent data available from the HM Land Registry© datasets.
Current average price and rent are based on the last month of data available.
The current average price is an average over the past 6 months to avoid inaccuracies caused by low sales numbers.
Sales per month is an average over the past 12 months.
Historical average prices are calculated using all MK5 sales since 1995. The growth trends table shows the change in average house price for the MK5 postcode district over the past 1 and 2 years as well as the averages across all postcode districts.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.
Flats include the following property types: Ground Flat, Flat, Studio, Ground Maisonette, Maisonette.
Bungalows include the following property types: Bungalow, Terraced Bungalow, Semi-Detached Bungalow, Detached Bungalow.
The 'Other' category includes all properties in categories not mentioned on this page and is included for completeness.

CAGR: Compound Annual Growth Rate is the year-over-year growth rate of house prices over a specified period of time (in this case five years). This figure gives an indication of the returns that have been seen historically. It can also be seen as a "smoothed" rate of return.