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House Prices in MK14

The average house price in MK14 (Milton Keynes) is £388,082 using HM Land Registry data.

The average property price increased by £66,247 (18.52%) over the last 5 years and increased by £13,243 (2.94%) over the last 12 months.

Over the last year, there were 141 residential property sales – a decrease of 67 transactions (-47.52%) relative to the previous year. The majority of house sales (39) were in the £210,000 - £300,000 range. Then came properties in the £300,000 - £390,000 range, where 31 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 57 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,260 (-3%).

In June 2024, there were 37 new estate agency instructions, 25 agreed home sales and 9 property price reductions.

5-Year Average Property Prices in MK14 (Milton Keynes)

18.52%

Property prices in Milton Keynes increased by 18.52% 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 MK14 (Milton Keynes) Over the Last Year

2.94%

Property prices in Milton Keynes increased by 2.94% 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 MK14 (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 MK14 (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 MK14 (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 MK14 (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 MK14 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK14 postcode area since 1995.

Recent Sales in MK14 (Milton Keynes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
148 Crosslands, Stantonbury, Milton Keynes, MK14 6DF	£250,000	£242,000	-£8,000	15 Jan 2024	08 Apr 2024	84 Days
42 Bessemer Court, Blakelands, Milton Keynes, MK14 5JW	£265,000	£250,000	-£15,000	04 Oct 2023	15 Mar 2024	163 Days
7 Kindleton, Great Linford, Milton Keynes, MK14 5EA	£550,000	£522,000	-£28,000	18 Oct 2023	01 Mar 2024	135 Days
26 Byerly Place, Downs Barn, Milton Keynes, MK14 7QE	£170,000	£160,000	-£10,000	01 Nov 2023	29 Feb 2024	120 Days
230 Wolverton Road, Blakelands, Milton Keynes, MK14 5AB	£650,000	£635,000	-£15,000	23 Oct 2023	16 Feb 2024	116 Days
51 Bessemer Court, Blakelands, Milton Keynes, MK14 5JN	£265,000	£255,000	-£10,000	14 Jul 2023	31 Jan 2024	201 Days
3 Gunmaker Court, Neath Hill, Milton Keynes, MK14 6JL	£180,000	£175,000	-£5,000	08 Sep 2023	16 Jan 2024	130 Days
7 Millhayes, Great Linford, Milton Keynes, MK14 5EP	£775,000	£765,000	-£10,000	29 Aug 2023	12 Jan 2024	136 Days
203b, Conniburrow Boulevard, Conniburrow, Milton Keynes, MK14 7AD	£120,000	£112,500	-£7,500	18 Jul 2023	19 Dec 2023	154 Days
97 Bayard Avenue, Downs Barn, Milton Keynes, MK14 7LW	£325,000	£315,000	-£10,000	01 Jul 2023	15 Dec 2023	167 Days
15 Church Lees, Great Linford, Milton Keynes, MK14 5EB	£250,000	£245,000	-£5,000	19 Sep 2023	04 Dec 2023	76 Days
2 Martin Close, Neath Hill, Milton Keynes, MK14 6JG	£369,995	£365,000	-£4,995	30 Jul 2023	01 Dec 2023	124 Days
7 Bekonscot Court, Giffard Park, Milton Keynes, MK14 5QS	£180,000	£167,000	-£13,000	25 May 2023	30 Nov 2023	189 Days
50 Smeaton Close, Blakelands, Milton Keynes, MK14 5HR	£97,500	£94,500	-£3,000	17 May 2023	30 Nov 2023	197 Days
92 Germander Place, Conniburrow, Milton Keynes, MK14 7DP	£170,000	£168,000	-£2,000	30 May 2023	20 Nov 2023	174 Days
98 Germander Place, Conniburrow, Milton Keynes, MK14 7DP	£190,000	£190,000	£00	28 Jun 2023	17 Nov 2023	142 Days
19 Barbury Court, Giffard Park, Milton Keynes, MK14 5PT	£72,000	£72,000	£00	31 Jul 2023	17 Nov 2023	109 Days
36 Melton, Stantonbury, Milton Keynes, MK14 6BH	£315,000	£297,500	-£17,500	22 Aug 2023	15 Nov 2023	85 Days
65 Bramble Avenue, Conniburrow, Milton Keynes, MK14 7BZ	£230,000	£225,000	-£5,000	19 Apr 2023	15 Nov 2023	210 Days
20 Maulden Gardens, Giffard Park, Milton Keynes, MK14 5JJ	£265,000	£257,500	-£7,500	12 Jun 2023	14 Nov 2023	155 Days

Most Expensive Streets in MK14 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK14 5EP	Millhayes, Great Linford	Milton Keynes	£730,000	3
MK14 6FU	Flax Yard	Milton Keynes	£705,000	3
MK14 5JS	Rowsham Dell, Giffard Park	Milton Keynes	£703,416	12
MK14 5DS	Ledbury, Great Linford	Milton Keynes	£633,100	5
MK14 5HF	Linden Grove, Great Linford	Milton Keynes	£529,369	3
MK14 5ET	Lufford Park, Great Linford	Milton Keynes	£528,333	3
MK14 5QP	Bromham Mill, Giffard Park	Milton Keynes	£525,000	3
MK14 6FQ	Weavers Lane, Stantonbury	Milton Keynes	£520,400	5
MK14 5AB	Wolverton Road, Blakelands	Milton Keynes	£518,000	5
MK14 5HX	Wedgwood Avenue, Blakelands	Milton Keynes	£514,666	3

Least Expensive Streets in MK14 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK14 5PQ	Hainault Avenue, Giffard Park	Milton Keynes	£96,000	3
MK14 5GB	Rowditch Furlong, Redhouse Park	Milton Keynes	£104,166	3
MK14 5PT	Barbury Court, Giffard Park	Milton Keynes	£109,666	6
MK14 5PF	Oversley Court, Giffard Park	Milton Keynes	£118,200	5
MK14 5GD	Rowditch Furlong, Redhouse Park	Milton Keynes	£128,750	4
MK14 7DZ	Bryony Place, Conniburrow	Milton Keynes	£131,250	4
MK14 5PP	Wandlebury, Giffard Park	Milton Keynes	£131,393	4
MK14 5BH	Campion, Great Linford	Milton Keynes	£147,750	4
MK14 6BJ	Rowle Close, Stantonbury	Milton Keynes	£156,500	4
MK14 7EA	Bryony Place, Conniburrow	Milton Keynes	£168,750	4