Area guide

Milton Keynes, MK5


Overview

On this page you will find in-depth information and analytics about the MK5 postcode district. This includes current and historical average prices, price trends, the distribution of property types, the prices of various streets, and other information about Milton Keynes, MK5.

MK5 is a relatively less popular area with 72 transactions recorded in the past 12 months, which is 58.4% lower than the national average of 173. This is also 0% lower than the year prior which had 72 transactions.

Milton Keynes, MK5 current market prices

The price growth in Milton Keynes is lower than the national average, with the 2 year growth at 0.5 times the national average. Compared to other areas, MK5 is a slightly expensive area, with an average price 8.5% higher than the national average. The average house price in Milton Keynes, MK5 is £392,799 and the average rent is £916.

MK5 Current Averages

Market characteristic MK5 district National MK5 against national
Average price £392,799 £361,952 8.5%
Average rent £1,047 £916 14.3%
Sales per month 6 15 (53,921 Total) -60%

MK5 Growth trends

Growth rate MK5 district National
2yr house growth 4.3% 9.5%
2yr CAGR 2.1% 4.6%
Last 12 months house price growth -9.8% 3.7%

MK5 Average Price by property type

Type Current Average Average 1 year ago Average 2 year ago Historical Average price
All properties £392,799 £435,366 £376,593 £338,131 View houses for sale in MK5
Flats £270,000 £72,600 £159,272 £179,998 View flats for sale in MK5
Detached £0 £558,181 £544,400 £529,494 View detached for sale in MK5
Semi-detached £168,500 £299,283 £285,642 £316,111 View semi-detached for sale in MK5
Terraced £0 £299,667 £389,167 £312,990 View terraced for sale in MK5
Bungalows N/A N/A N/A £662,500 View bungalows for sale in MK5

MK5 Average Rent by property type

Type Historical Average Price
All properties to rent £1,251 View houses for rent in MK5
Flats for rent £1,142 View flats for rent in MK5
Detached for rent £1,733 View detached for rent in MK5
Semi-detached for rent £1,202 View semi-detached for rent in MK5
Terraced for rent £1,116 View terraced for rent in MK5
Bungalows for rent N/A View bungalows for rent in MK5

Milton Keynes, MK5 Housing Stock

Milton Keynes, MK5 has a total of 8,982 properties, of which 37 are currently for sale and 31 are for rent. Excluding flats, the most common property type in MK5 is detached with a total of 4,508 houses.

All properties in area

Type Quantity Percentage
Total properties in area 8,982 -
Total flats in area 1,084 12.1%
Total detached in area 4,508 50.2%
Total semi-detached in area 2,086 23.2%
Total terraced in area 1,277 14.2%
Total other in area 27 0.3%

All properties for sale

Type Quantity Percentage
Total properties for sale 37 - View houses for sale in MK5
Total flats for sale 2 5.4% View flats for sale in MK5
Detached for sale 8 21.6% View detached for sale in MK5
Semi-detached for sale 9 24.3% View semi-detached for sale in MK5
Terraced for sale 5 13.5% View terraced for sale in MK5
Bungalows for sale 2 5.4% View bungalows for sale in MK5
Other properties for sale 11 29.7%

All properties for rent

Type Quantity
Total properties to rent 31 View houses for rent in MK5
Total flats for rent 2 View flats for rent in MK5
Detached for rent 6 View detached for rent in MK5
Semi-detached for rent 9 View semi-detached for rent in MK5
Terraced for rent 6 View terraced for rent in MK5
Bungalows for rent 0 View bungalows for rent in MK5
Other properties for rent 8

Most and least expensive streets in Milton Keynes, MK5

Milton Keynes, MK5 has a total of 255 streets. The most expensive street in MK5 is Burchard Crescent, with an average sale price of £11,321,496. The least expensive street in MK5 is Matthew Court, with an average sale price of £42,700.



Frequently asked questions

What is the rental price in Milton Keynes?

The current average rental price in Milton Keynes is £1,166 per month. Mouseprice is currently listing 21 properties to rent in Milton Keynes.

Towns near Milton Keynes

Towns near Milton Keynes - Milton keynes, Newport pagnell, Buckingham, Olney, Bedford

What schools are there in Milton Keynes?

Nearby schools in Milton Keynes include Glastonbury Thorn School, Caroline Haslett Primary School, The Grove Independent School, Denbigh School, Loughton School

What stations are there in Milton Keynes?

Nearby stations in Milton Keynes include Milton Keynes Central Station, Bletchley Station, Fenny Stratford Station, Wolverton Station, Bow Brickhill Station.


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.
Historical average prices are calculated using all MK5 sales since 1995.

Please note that end of terrace properties are defined as terrace, as opposed to semi detached.

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.