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House Prices in MK17 House Prices in MK17 (Milton Keynes)

The average house price in MK17 (Milton Keynes) is £589,600 using HM Land Registry data.

The average property price increased by £102,601 (14.5%) over the last 5 years and increased by £20,511 (2.37%) over the last 12 months.

Over the last year, there were 238 residential property sales – a decrease of 492 transactions (-206.72%) relative to the previous year. The majority of house sales (64) were in the £326,000 - £442,000 range. Then came properties in the £442,000 - £558,000 range, where 46 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-22,999 (-3%).

In June 2024, there were 81 new estate agency instructions, 42 agreed home sales and 39 property price reductions.

Nearby Postcodes: , HP18, HP22, HP23, LU1, LU2, LU3, LU4, LU5, LU6, LU7, MK1, MK10, MK11, MK12, MK13, MK14, MK15, MK16, MK18, MK19, MK2, MK3, MK4, MK40, MK41, MK42, MK43, MK44, MK45, MK46, MK5, MK6, MK7, MK77, MK8, MK9, NN10, NN12, NN13, NN29, NN7, NN9, OX27, PE19, PE28, SG17, SG18, SG19, SG5

5-Year Average Property Prices in MK17 (Milton Keynes)

14.5%

Property prices in Milton Keynes increased by 14.5% 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 MK17 (Milton Keynes) Over the Last Year

2.37%

Property prices in Milton Keynes increased by 2.37% 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 MK17 (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 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 MK17 (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 MK17 (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 MK17 (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 MK17 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK17 postcode area since 1995.

Recent Sales in MK17 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
23 Whaddon Road, Newton Longville, Milton Keynes, Buckinghamshire, MK17 0AU£335,000£310,000-£25,00012 Jan 202422 May 2024131 Days
24 Green End, Great Brickhill, Milton Keynes, Buckinghamshire, MK17 9AU£385,000£360,000-£25,00026 Dec 202310 May 2024136 Days
7 Rushmere Close, Bow Brickhill, Milton Keynes, MK17 9JB£730,000£710,000-£20,00015 Nov 202325 Apr 2024162 Days
20 Weathercock Lane, Woburn Sands, Milton Keynes, MK17 8NT£375,000£375,000£0005 Jan 202421 Mar 202476 Days
20 Pine Grove, Woburn Sands, Milton Keynes, MK17 8PX£475,000£450,000-£25,00026 Dec 202308 Mar 202473 Days
31 Rotten Row, Great Brickhill, Milton Keynes, Buckinghamshire, MK17 9BA£425,000£410,000-£15,00010 May 202307 Mar 2024302 Days
The Crocks, Naisby Drive, Great Brickhill, Milton Keynes, MK17 9BL£695,000£650,000-£45,00006 Sep 202307 Mar 2024183 Days
3 Knights Close, Great Brickhill, Milton Keynes, Buckinghamshire, MK17 9AW£1,000,000£950,000-£50,00008 Aug 202326 Feb 2024202 Days
10 Eleanor Walk, Woburn, Milton Keynes, Central Bedfordshire, MK17 9QX£185,000£180,000-£5,00006 Sep 202323 Feb 2024170 Days
115 Greensand View, Woburn Sands, Milton Keynes, MK17 8GR£260,000£255,000-£5,00030 May 202312 Jan 2024227 Days
1 Old English Close, Nash, Milton Keynes, Buckinghamshire, MK17 0GN£675,000£675,000£0015 Sep 202312 Jan 2024119 Days
18 The Green, Stoke Hammond, Milton Keynes, Buckinghamshire, MK17 9BX£465,000£450,000-£15,00016 Jun 202318 Dec 2023185 Days
27 Burney Drive, Eagle Farm South, Milton Keynes, MK17 7BT£366,995£360,000-£6,99520 Jul 201915 Dec 20231609 Days
9 The Leys, Woburn Sands, Milton Keynes, MK17 8QF£370,000£350,000-£20,00006 Oct 202215 Dec 2023435 Days
5 Summerlin Drive, Woburn Sands, Milton Keynes, MK17 8GP£199,995£170,000-£29,99516 May 202312 Dec 2023210 Days
15 Burrows Close, Woburn Sands, Milton Keynes, Central Bedfordshire, MK17 8SN£650,000£600,000-£50,00025 Aug 202308 Dec 2023105 Days
37 Bay Tree Close, Newton Longville, Milton Keynes, Buckinghamshire, MK17 0DT£410,000£395,000-£15,00018 Jul 202301 Dec 2023136 Days
29 Nash Road, Great Horwood, Milton Keynes, Buckinghamshire, MK17 0RA£875,000£850,000-£25,00001 Jun 202316 Nov 2023168 Days
4 Hutton Way, Woburn Sands, Milton Keynes, Central Bedfordshire, MK17 8XG£350,000£335,000-£15,00016 Mar 202315 Nov 2023244 Days
104 Westbrook End, Newton Longville, Milton Keynes, Buckinghamshire, MK17 0BX£400,000£400,000£0004 Apr 202314 Nov 2023224 Days

Most Expensive Streets in MK17 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK17 8ENGreen Lane, Aspley GuiseMilton Keynes£1,495,0003
MK17 8HEChurch Street, Aspley GuiseMilton Keynes£1,465,0003
MK17 8TNHeath Lane, Woburn SandsMilton Keynes£1,370,0004
MK17 8YZLongacre, WavendonMilton Keynes£1,293,3574
MK17 8SPMill Lane, Woburn SandsMilton Keynes£1,266,0003
MK17 8NPWeathercock Lane, Woburn SandsMilton Keynes£1,241,6666
MK17 8FNSandy Court, Woburn SandsMilton Keynes£1,203,7504
MK17 9DDLeighton Road, Stoke HammondMilton Keynes£1,119,0005
MK17 9LUWatling Street, Little BrickhillMilton Keynes£1,115,6254
MK17 8TEChurch Road, Woburn SandsMilton Keynes£1,030,0003

Least Expensive Streets in MK17 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK17 8NDCranbrook, Woburn SandsMilton Keynes£126,3333
MK17 8PAAspley Court, Woburn RoadMilton Keynes£130,04521
MK17 8NBCranbrook, Woburn SandsMilton Keynes£131,9586
MK17 9QYEleanor Walk, WoburnMilton Keynes£186,80010
MK17 9QXEleanor Walk, WoburnMilton Keynes£196,25010
MK17 8GRGreensand View, Woburn SandsMilton Keynes£197,40616
MK17 8GGCable Crescent, Woburn SandsMilton Keynes£200,5836
MK17 8GNBlacksmiths Way, Woburn SandsMilton Keynes£201,3333
MK17 8TUBurney Drive, Glebe FarmMilton Keynes£211,6663
MK17 7BDFullers Ground, Eagle Farm SouthMilton Keynes£215,9983

Explore MK17 (Milton Keynes) using map

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