FREEPHONE 0800 044 3733 Lines Open 24/7
FREE Cash Offer CALL US on FREEPHONE0800 044 3733
You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in MK15

House Prices in MK15 House Prices in MK15 (Milton Keynes)

The average house price in MK15 (Milton Keynes) is £421,972 using HM Land Registry data.

The average property price increased by £134,953 (3.67%) over the last 5 years and increased by £27,040 (0.65%) over the last 12 months.

Over the last year, there were 58 residential property sales – a decrease of 33 transactions (-56.90%) relative to the previous year. The majority of house sales (15) were in the £264,000 - £368,000 range. Then came properties in the £368,000 - £472,000 range, where 14 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 152 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,807 (-3%).

In Dec 24, there were 8 new estate agency instructions, 5 agreed home sales and 2 property price reductions.

Nearby Postcodes: MK1, MK10, MK13, MK14, MK16, MK17, MK19, MK3, MK4, MK43, MK46, MK5, MK6, MK7, MK9, NN7

5-Year Average Property Prices in MK15 (Milton Keynes)

3.67%

Property prices in Milton Keynes increased by 3.67% 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 MK15 (Milton Keynes) Over the Last Year

0.65%

Property prices in Milton Keynes increased by 0.65% 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 MK15 (Milton Keynes) - Dec 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 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer 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 MK15 (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 MK15 (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 MK15 (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 MK15 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK15 postcode area since 1995.

Recent Sales in MK15 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
63 Colesbourne Drive, Downhead Park, Milton Keynes, MK15 9AW£795,000£775,000-£20,00018 Jul 202420 Nov 2024125 Days
40 Portland Drive, Willen, Milton Keynes, MK15 9JP£800,000£800,000£0018 Jan 202410 Oct 2024266 Days
29 Gyosei Gardens, Willen Park, Milton Keynes, MK15 9EL£250,000£250,000£0019 Apr 202427 Sep 2024161 Days
28 Fairford Crescent, Downhead Park, Milton Keynes, MK15 9AQ£350,000£345,000-£5,00001 May 202402 Sep 2024124 Days
8 Sandywell Drive, Downhead Park, Milton Keynes, MK15 9AJ£375,000£362,500-£12,50008 Jan 202402 Aug 2024207 Days
28 Bernay Gardens, Bolbeck Park, Milton Keynes, MK15 8QD£400,000£390,000-£10,00011 Aug 202325 Jul 2024349 Days
9 Abraham Close, Willen Park, Milton Keynes, MK15 9JA£595,000£575,000-£20,00012 Mar 202402 Jul 2024112 Days
6 Eynsham Court, Woolstone, Milton Keynes, MK15 0BY£450,000£445,000-£5,00014 Jan 201913 Jun 20241977 Days
46 Montgomery Crescent, Bolbeck Park, Milton Keynes, MK15 8PR£112,500£112,500£0025 Jan 202431 May 2024127 Days
7 Chillery Leys, Willen, Milton Keynes, MK15 9LZ£650,000£620,000-£30,00022 Jan 202426 Apr 202495 Days
41 Bernay Gardens, Bolbeck Park, Milton Keynes, MK15 8QD£450,000£440,000-£10,00013 Sep 202301 Mar 2024170 Days
25 Whitsun Pasture, Willen Park, Milton Keynes, MK15 9DQ£250,000£250,000£0014 Nov 202329 Feb 2024107 Days
49 Portland Drive, Willen, Milton Keynes, MK15 9HU£400,000£400,000£0002 Nov 202319 Feb 2024109 Days
7 Florin Close, Pennyland, Milton Keynes, MK15 8AG£305,000£290,000-£15,00030 Aug 202302 Feb 2024156 Days
28 Longcross, Pennyland, Milton Keynes, MK15 8AP£450,000£411,000-£39,00005 Oct 202318 Jan 2024105 Days
17 Kemble Court, Downhead Park, Milton Keynes, MK15 9AX£168,000£168,000£0021 Jan 202304 Dec 2023317 Days
42 Warmington Gardens, Downhead Park, Milton Keynes, MK15 9BP£625,000£605,000-£20,00028 Jun 202304 Dec 2023159 Days
11 Warmington Gardens, Downhead Park, Milton Keynes, MK15 9BP£885,000£830,000-£55,00023 Jun 202328 Nov 2023158 Days
13 Butterfield Close, Woolstone, Milton Keynes, MK15 0BZ£560,000£530,000-£30,00009 May 202322 Nov 2023197 Days
27 Pattison Lane, Woolstone, Milton Keynes, MK15 0BL£400,000£400,000£0015 Aug 202302 Nov 202379 Days

Most Expensive Streets in MK15 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK15 9DHHammond Crescent, Willen ParkMilton Keynes£932,3333
MK15 0HBTattam Close, WoolstoneMilton Keynes£872,5003
MK15 0AYPattison Lane, WoolstoneMilton Keynes£721,6663
MK15 9HTMillington Gate, WillenMilton Keynes£625,6663
MK15 9BPWarmington Gardens, Downhead ParkMilton Keynes£622,5005
MK15 9ANColesbourne Drive, Downhead ParkMilton Keynes£614,2504
MK15 8AUQuadrans Close, PennylandMilton Keynes£609,1663
MK15 8AYSkeats Wharf, PennylandMilton Keynes£579,1005
MK15 9LHAldrich Drive, WillenMilton Keynes£569,4374
MK15 0BZButterfield Close, WoolstoneMilton Keynes£537,4005

Least Expensive Streets in MK15 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK15 9ASCornbury Crescent, Downhead ParkMilton Keynes£139,3754
MK15 9AFFairford Crescent, Downhead ParkMilton Keynes£144,0006
MK15 9LPOaktree Court, Portland DriveMilton Keynes£190,71019
MK15 9HHHobart Crescent, Willen ParkMilton Keynes£204,5506
MK15 0AANewport Road, WoolstoneMilton Keynes£208,2506
MK15 9ENGyosei Gardens, Willen ParkMilton Keynes£221,8734
MK15 9AXKemble Court, Downhead ParkMilton Keynes£244,1663
MK15 9ARCornbury Crescent, Downhead ParkMilton Keynes£246,6166
MK15 8PRMontgomery Crescent, Bolbeck ParkMilton Keynes£247,0717
MK15 9DQWhitsun Pasture, Willen ParkMilton Keynes£256,3754

Explore MK15 (Milton Keynes) using map

Sell Your
House Fast
Property Auctions Milton Keynes
Property Auctions Milton Keynes
We Buy
Any House
House
Valuation
Tools

Selling?
Get Your FREE
House Valuation Report

Office for National Statistics & Land Registry

We Are Regulated:

Property Ombudsman
Gov.UK Money Laundering Regulations
Trading Standards Approved
National Association of Property Buyers (NAPB)
ICO Registered
NAEA PropertyMark