You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in MK11

House Prices in MK11

The average house price in MK11 (Milton Keynes) is £319,166 using HM Land Registry data.

The average property price decreased by £19,160 (-30.53%) over the last 5 years and decreased by £3,830 (-4.47%) over the last 12 months.

Over the last year, there were 107 residential property sales – a decrease of 137 transactions (-128.04%) relative to the previous year. The majority of house sales (36) were in the £302,000 - £378,000 range. Then came properties in the £226,000 - £302,000 range, where 29 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 55 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,692 (-2%).

In June 2024, there were 27 new estate agency instructions, 26 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in MK11 (Milton Keynes)

30.53%

Property prices in Milton Keynes increased by 30.53% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in MK11 (Milton Keynes) Over the Last Year

4.47%

Property prices in Milton Keynes increased by 4.47% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for MK11 (Milton Keynes) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in MK11 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in MK11 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in MK11 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the MK11 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK11 postcode area since 1995.

Recent Sales in MK11 (Milton Keynes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 Malvern Drive, Fullers Slade, Milton Keynes, MK11 2AD	£325,000	£320,000	-£5,000	18 Oct 2023	12 Feb 2024	117 Days
12 King Street, Stony Stratford, Milton Keynes, MK11 1EE	£260,000	£256,000	-£4,000	09 Aug 2023	05 Jan 2024	149 Days
3 Clarence Road, Stony Stratford, Milton Keynes, MK11 1JE	£425,000	£422,000	-£3,000	07 Sep 2023	11 Dec 2023	95 Days
25 Moorfoot, Fullers Slade, Milton Keynes, MK11 2BD	£219,995	£217,500	-£2,495	07 Jun 2023	06 Dec 2023	182 Days
13 Kingston Avenue, Stony Stratford, Milton Keynes, MK11 1DS	£350,000	£350,000	£00	04 May 2023	05 Dec 2023	215 Days
104 Milford Avenue, Stony Stratford, Milton Keynes, MK11 1HE	£375,000	£370,000	-£5,000	06 Aug 2023	01 Dec 2023	117 Days
10 Goran Avenue, Stony Stratford, Milton Keynes, MK11 1HQ	£350,000	£345,000	-£5,000	11 May 2023	24 Nov 2023	197 Days
37 The Limes, Stony Stratford, Milton Keynes, MK11 1ET	£350,000	£342,500	-£7,500	16 May 2023	24 Nov 2023	192 Days
29 Roveley Court, Stony Stratford, Milton Keynes, MK11 1NU	£294,000	£285,200	-£8,800	11 Jul 2023	14 Nov 2023	126 Days
20 Manshead Court, Stony Stratford, Milton Keynes, MK11 1NR	£300,000	£300,000	£00	26 Apr 2023	14 Nov 2023	202 Days
11 Milford Avenue, Stony Stratford, Milton Keynes, MK11 1EY	£350,000	£345,000	-£5,000	03 May 2023	10 Nov 2023	191 Days
18 Woodside, Stony Stratford, Milton Keynes, MK11 1DL	£350,000	£340,000	-£10,000	03 Aug 2023	03 Nov 2023	92 Days
158 High Street, Stony Stratford, Milton Keynes, MK11 1AW	£875,000	£865,000	-£10,000	30 Jun 2023	27 Oct 2023	119 Days
16 Emerton Gardens, Stony Stratford, Milton Keynes, MK11 1LH	£180,000	£150,000	-£30,000	08 Feb 2023	29 Sep 2023	233 Days
6 The Carne, Stony Stratford, Milton Keynes, MK11 1ER	£230,000	£230,000	£00	31 Jul 2023	26 Sep 2023	57 Days
54 Clarence Road, Stony Stratford, Milton Keynes, MK11 1JD	£340,000	£340,000	£00	28 Apr 2023	22 Sep 2023	147 Days
18 Horsefair Green, Stony Stratford, Milton Keynes, MK11 1JW	£350,000	£350,000	£00	30 May 2023	22 Sep 2023	115 Days
34 Milford Avenue, Stony Stratford, Milton Keynes, MK11 1HA	£350,000	£320,000	-£30,000	14 Jun 2023	22 Sep 2023	100 Days
62 Wolverton Road, Stony Stratford, Milton Keynes, MK11 1DT	£250,000	£247,000	-£3,000	06 Jul 2023	15 Sep 2023	71 Days
38 London Road, Stony Stratford, Milton Keynes, MK11 1JL	£400,000	£385,000	-£15,000	15 Mar 2023	01 Sep 2023	170 Days

Most Expensive Streets in MK11 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK11 1HX	Tudor Gardens, Stony Stratford	Milton Keynes	£930,000	4
MK11 1HL	Calverton Road, Stony Stratford	Milton Keynes	£735,000	6
MK11 4DE	Gladius Grove, Fairfields	Milton Keynes	£730,663	3
MK11 1AT	High Street, Stony Stratford	Milton Keynes	£702,750	10
MK11 1LE	Calverton Road, Stony Stratford	Milton Keynes	£695,000	4
MK11 4BW	Fabius Drive, Fairfields	Milton Keynes	£599,385	9
MK11 1JG	Clarence Road, Stony Stratford	Milton Keynes	£598,333	3
MK11 1FG	Willow Lane, Stony Stratford	Milton Keynes	£555,500	5
MK11 4DF	Legion Close, Fairfields	Milton Keynes	£553,637	14
MK11 4BN	Balbina Way, Fairfields	Milton Keynes	£552,500	3

Least Expensive Streets in MK11 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK11 4DP	Apollo Avenue, Fairfields	Milton Keynes	£99,000	6
MK11 4AQ	Apollo Avenue, Fairfields	Milton Keynes	£165,382	17
MK11 2BD	Moorfoot, Fullers Slade	Milton Keynes	£177,500	3
MK11 4DL	Sergius Close, Fairfields	Milton Keynes	£183,998	4
MK11 4BB	Apollo Avenue, Fairfields	Milton Keynes	£190,741	6
MK11 1BY	Cofferidge Close, Stony Stratford	Milton Keynes	£191,400	5
MK11 4AG	Vespasian Road, Fairfields	Milton Keynes	£192,134	13
MK11 1NW	Essenden Court, Stony Stratford	Milton Keynes	£195,800	5
MK11 4AW	Vulcan Croft, Fairfields	Milton Keynes	£208,437	8
MK11 1LH	Emerton Gardens, Stony Stratford	Milton Keynes	£213,333	3