House Prices in MK13 House Prices in MK13 (Milton Keynes)

The average house price in MK13 (Milton Keynes) is £242,000 using HM Land Registry data.

The average property price increased by £54,658 (16.04%) over the last 5 years and increased by £10,952 (2.59%) over the last 12 months.

Over the last year, there were 139 residential property sales – a decrease of 35 transactions (-25.18%) relative to the previous year. The majority of house sales (35) were in the £266,000 - £334,000 range. Then came properties in the £198,000 - £266,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 64 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,318 (-4%).

In Oct 24, there were 27 new estate agency instructions, 19 agreed home sales and 23 property price reductions.

5-Year Average Property Prices in MK13 (Milton Keynes)

16.04%

Property prices in Milton Keynes increased by 16.04% 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 MK13 (Milton Keynes) Over the Last Year

2.59%

Property prices in Milton Keynes increased by 2.59% 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.

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).

Property Market Heat Gauge for MK13 (Milton Keynes) - Oct 24

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 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some 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 MK13 (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 MK13 (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 MK13 (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 MK13 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK13 postcode area since 1995.

Recent Sales in MK13 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
55 Ibstone Avenue, Bradwell Common, Milton Keynes, MK13 8EB£355,000£350,000-£5,00005 Mar 202413 Aug 2024161 Days
28 Howitt Drive, Bradville, Milton Keynes, MK13 7DZ£70,000£67,500-£2,50018 Jan 201909 Aug 20242030 Days
12 Lullingstone Drive, Bancroft Park, Milton Keynes, MK13 0RB£280,000£260,000-£20,00009 Feb 202401 Aug 2024174 Days
47 Arncliffe Drive, Heelands, Milton Keynes, MK13 7LE£195,000£195,000£0021 Feb 202429 Jul 2024159 Days
21 Langcliffe Drive, Heelands, Milton Keynes, MK13 7LA£280,000£275,000-£5,00004 Feb 202425 Jul 2024172 Days
9 Hadrians Drive, Bancroft, Milton Keynes, MK13 0PL£560,000£550,000-£10,00011 Dec 202327 Jun 2024199 Days
4 The Spinney, Bradwell, Milton Keynes, MK13 9BX£450,000£437,000-£13,00024 Nov 202327 Jun 2024216 Days
3 Gibsons Green, Heelands, Milton Keynes, MK13 7PR£450,000£450,000£0013 Jul 202329 May 2024321 Days
26 Walgrave Drive, Bradwell, Milton Keynes, MK13 9BG£375,000£375,000£0011 Jan 202420 May 2024130 Days
1 Wylie End, Bradville, Milton Keynes, MK13 7FA£650,000£500,000-£150,00017 Jan 202308 May 2024477 Days
10 Langcliffe Drive, Heelands, Milton Keynes, MK13 7LA£300,000£300,000£0027 Nov 202326 Apr 2024151 Days
47 King Edward Street, New Bradwell, Milton Keynes, MK13 0BG£240,000£240,000£0025 Jan 202426 Apr 202492 Days
66 Hadrians Drive, Bancroft, Milton Keynes, MK13 0PZ£140,000£132,000-£8,00011 Aug 202325 Apr 2024258 Days
18 North Street, New Bradwell, Milton Keynes, MK13 0ED£225,000£214,000-£11,00009 Nov 202324 Apr 2024167 Days
10 Coppin Lane, Bradwell, Milton Keynes, MK13 9ES£465,000£450,000-£15,00013 Jul 202322 Apr 2024284 Days
53 Arncliffe Drive, Heelands, Milton Keynes, MK13 7LE£350,000£348,000-£2,00004 Oct 202322 Apr 2024201 Days
18 Kingsfold, Bradville, Milton Keynes, MK13 7BL£225,000£218,000-£7,00013 Nov 202303 Apr 2024142 Days
1 Hadrians Drive, Bancroft, Milton Keynes, MK13 0PJ£575,000£561,250-£13,75009 Jan 202428 Mar 202479 Days
7 Nursery Gardens, Bradwell, Milton Keynes, MK13 9HU£415,000£405,000-£10,00030 Nov 202327 Mar 2024118 Days
87 Bradwell Common Boulevard, Bradwell Common, Milton Keynes, MK13 8EN£87,000£87,000£0016 Sep 202326 Mar 2024192 Days

Most Expensive Streets in MK13 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK13 7PPWhetstone Close, HeelandsMilton Keynes£568,7504
MK13 8NHWalkhampton Avenue, Bradwell CommonMilton Keynes£528,3333
MK13 0EPChipperfield Close, New BradwellMilton Keynes£488,1005
MK13 7JNRandolph Close, BradvilleMilton Keynes£480,0003
MK13 7HSChalfont Close, BradvilleMilton Keynes£451,2504
MK13 8NJWalkhampton Avenue, Bradwell CommonMilton Keynes£448,3333
MK13 0LAMortons Fork, Blue BridgeMilton Keynes£445,6258
MK13 7UFGerard Close, BradvilleMilton Keynes£421,6663
MK13 0PAGreatchesters, BancroftMilton Keynes£408,5836
MK13 7UQHeydon Court, BradvilleMilton Keynes£407,3405

Least Expensive Streets in MK13 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK13 8DYBradwell Common Boulevard, Bradwell CommonMilton Keynes£70,0003
MK13 7QSHome Ridings House, Flintergill CourtMilton Keynes£87,72711
MK13 8ENBradwell Common Boulevard, Bradwell CommonMilton Keynes£90,0003
MK13 7FBSuffolk Punch Close, HeelandsMilton Keynes£117,1663
MK13 7DZHowitt Drive, BradvilleMilton Keynes£133,50012
MK13 7PZOrmsgill Court, HeelandsMilton Keynes£138,1583
MK13 7PXWinterburn, HeelandsMilton Keynes£140,6663
MK13 7LNBransgill Court, HeelandsMilton Keynes£151,1663
MK13 8EPHadley Place, Bradwell CommonMilton Keynes£157,8663
MK13 9ERQuinton Drive, BradwellMilton Keynes£158,4717

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