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House Prices in MK4 House Prices in MK4 (Milton Keynes)

The average house price in MK4 (Milton Keynes) is £367,384 using HM Land Registry data.

The average property price increased by £50,055 (11.7%) over the last 5 years and increased by £10,029 (1.95%) over the last 12 months.

Over the last year, there were 181 residential property sales – a decrease of 132 transactions (-72.93%) relative to the previous year. The majority of house sales (43) were in the £390,000 - £490,000 range. Then came properties in the £290,000 - £390,000 range, where 41 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 71 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,983 (-2%).

In Oct 24, there were 55 new estate agency instructions, 35 agreed home sales and 29 property price reductions.

Nearby Postcodes: LU2, LU3, LU5, LU7, MK1, MK10, MK13, MK15, MK16, MK17, MK18, MK19, MK2, MK3, MK40, MK41, MK42, MK43, MK44, MK45, MK46, MK5, MK6, MK7, MK8, MK9, NN10, NN29, NN7, NN9, PE19, PE28, SG17, SG18, SG19, SG5

5-Year Average Property Prices in MK4 (Milton Keynes)

11.7%

Property prices in Milton Keynes increased by 11.7% 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 MK4 (Milton Keynes) Over the Last Year

1.95%

Property prices in Milton Keynes increased by 1.95% 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 MK4 (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 MK4 (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 MK4 (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 MK4 (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 MK4 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK4 postcode area since 1995.

Recent Sales in MK4 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
4 Stoneleigh Court, Westcroft, Milton Keynes, MK4 4BT£475,000£469,000-£6,00029 Mar 202423 Aug 2024147 Days
32 Bottesford Close, Emerson Valley, Milton Keynes, MK4 2AF£350,000£340,000-£10,00008 Feb 202416 Aug 2024190 Days
15 Muddiford Lane, Furzton, Milton Keynes, MK4 1LS£545,000£545,000£0016 May 202412 Aug 202488 Days
25 Oxwich Grove, Tattenhoe, Milton Keynes, MK4 3BB£87,000£87,000£0016 Sep 202306 Aug 2024325 Days
6 Winfold Lane, Tattenhoe, Milton Keynes, MK4 3BQ£380,000£372,500-£7,50018 Apr 202401 Aug 2024105 Days
14 Portishead Drive, Tattenhoe, Milton Keynes, MK4 3FX£350,000£350,000£0006 May 202401 Aug 202487 Days
4 Hilbre Court, Tattenhoe, Milton Keynes, MK4 3FY£350,000£345,000-£5,00003 Apr 202431 Jul 2024119 Days
12 Exbury Lane, Westcroft, Milton Keynes, MK4 4FE£450,000£445,000-£5,00008 Mar 202429 Jul 2024143 Days
9 Goathland Croft, Emerson Valley, Milton Keynes, MK4 2EN£300,000£295,000-£5,00018 Nov 202322 Jul 2024247 Days
5 Tracy Way, Oxley Park, Milton Keynes, MK4 4TR£179,995£157,500-£22,49521 Jul 201622 Jul 20242923 Days
2 Pendennis Court, Tattenhoe, Milton Keynes, MK4 3FL£385,000£375,000-£10,00002 Feb 202412 Jul 2024161 Days
58 Blackmoor Gate, Furzton, Milton Keynes, MK4 1EJ£279,995£275,000-£4,99515 Nov 202305 Jul 2024233 Days
6 Trentishoe Crescent, Furzton, Milton Keynes, MK4 1HF£325,000£320,000-£5,00016 Feb 202402 Jul 2024137 Days
32 Randall Drive, Oxley Park, Milton Keynes, MK4 4SZ£450,000£446,000-£4,00012 Feb 202421 Jun 2024130 Days
5 Ripley Close, Kingsmead, Milton Keynes, MK4 4HJ£305,000£300,000-£5,00003 Jan 202414 Jun 2024163 Days
36 Oakridge, Furzton, Milton Keynes, MK4 1AZ£450,000£445,000-£5,00002 Jan 202407 Jun 2024157 Days
3 Durlston End, Tattenhoe, Milton Keynes, MK4 3EP£375,000£375,000£0014 Nov 202304 Jun 2024203 Days
12 Dulverton Drive, Furzton, Milton Keynes, MK4 1DE£435,000£425,000-£10,00031 Jan 202403 May 202493 Days
6 Greystonley, Emerson Valley, Milton Keynes, MK4 2JY£431,000£429,000-£2,00010 Feb 202426 Apr 202476 Days
22 Challacombe, Furzton, Milton Keynes, MK4 1DP£81,250£65,000-£16,25013 Dec 202326 Apr 2024135 Days

Most Expensive Streets in MK4 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK4 1FADanesbrook Close, FurztonMilton Keynes£895,8333
MK4 4NTSudeley Place, KingsmeadMilton Keynes£713,3333
MK4 2ATBarkestone Close, Emerson ValleyMilton Keynes£691,0005
MK4 1LQLynmouth Crescent, FurztonMilton Keynes£678,0004
MK4 3FHHartland Avenue, TattenhoeMilton Keynes£670,0004
MK4 3ESLangney Green, TattenhoeMilton Keynes£649,1663
MK4 3ERDungeness Court, TattenhoeMilton Keynes£643,0004
MK4 3AERhoscolyn Drive, TattenhoeMilton Keynes£642,5004
MK4 4NHHever Close, KingsmeadMilton Keynes£635,5005
MK4 2JFWenning Lane, Emerson ValleyMilton Keynes£610,6005

Least Expensive Streets in MK4 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK4 1JDCloutsham Close, FurztonMilton Keynes£70,5836
MK4 4TJCushing Drive, Oxley ParkMilton Keynes£73,3754
MK4 1JXPorlock Lane, FurztonMilton Keynes£78,0003
MK4 3FQKelsey Close, TattenhoeMilton Keynes£81,2506
MK4 1JUPorlock Lane, FurztonMilton Keynes£84,7857
MK4 4FSStapeley Court, WestcroftMilton Keynes£88,5005
MK4 2JHThornley Croft, Emerson ValleyMilton Keynes£93,2605
MK4 4FTHeligan Place, WestcroftMilton Keynes£95,0004
MK4 1JEBuzzacott Lane, FurztonMilton Keynes£101,3333
MK4 4FYInverewe Place, WestcroftMilton Keynes£101,6254

Explore MK4 (Milton Keynes) using map

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