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House Prices in MK6 House Prices in MK6 (Milton Keynes)

The average house price in MK6 (Milton Keynes) is £230,500 using HM Land Registry data.

The average property price increased by £40,559 (32.94%) over the last 5 years and increased by £8,127 (4.75%) over the last 12 months.

Over the last year, there were 105 residential property sales – a decrease of 25 transactions (-23.81%) relative to the previous year. The majority of house sales (29) were in the £238,000 - £292,000 range. Then came properties in the £184,000 - £238,000 range, where 19 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 £-8,428 (-2%).

In Oct 24, there were 33 new estate agency instructions, 36 agreed home sales and 19 property price reductions.

Nearby Postcodes: , HP18, HP22, LU2, LU3, LU5, LU7, MK1, MK10, MK11, MK12, MK13, MK14, MK15, MK16, MK17, MK18, MK19, MK2, MK3, MK4, MK40, MK41, MK42, MK43, MK44, MK45, MK46, MK5, MK7, MK77, MK8, MK9, NN10, NN12, NN13, NN29, NN7, NN9, OX27, PE19, PE28, SG17, SG18, SG19, SG5

5-Year Average Property Prices in MK6 (Milton Keynes)

32.94%

Property prices in Milton Keynes increased by 32.94% 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 MK6 (Milton Keynes) Over the Last Year

4.75%

Property prices in Milton Keynes increased by 4.75% 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 MK6 (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 MK6 (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 MK6 (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 MK6 (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 MK6 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK6 postcode area since 1995.

Recent Sales in MK6 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
14 Forest Rise, Eaglestone, Milton Keynes, MK6 5EU£240,000£235,000-£5,00021 Aug 202423 Aug 20242 Days
21 Ferndale, Eaglestone, Milton Keynes, MK6 5AE£280,000£268,500-£11,50013 Mar 202423 Aug 2024163 Days
28 Woodrush Close, Beanhill, Milton Keynes, MK6 4LU£270,000£250,000-£20,00025 Mar 202431 Jul 2024128 Days
14 The Mount, Simpson, Milton Keynes, MK6 3DT£190,000£190,000£0016 May 202319 Jul 2024430 Days
65 Daniels Welch, Coffee Hall, Milton Keynes, MK6 5DA£270,000£250,000-£20,00007 May 202419 Jul 202473 Days
119 Underwood Place, Oldbrook, Milton Keynes, MK6 2TT£200,000£197,500-£2,50010 Apr 202416 Jul 202497 Days
79 Dexter Avenue, Oldbrook, Milton Keynes, MK6 2RZ£75,000£75,000£0002 Jan 202428 Jun 2024178 Days
33 Montagu Drive, Eaglestone, Milton Keynes, MK6 5ER£265,000£250,000-£15,00030 Jan 202413 Jun 2024135 Days
2 Northwich, Woughton Park, Milton Keynes, MK6 3BL£550,000£525,000-£25,00024 Nov 202306 Jun 2024195 Days
90 Farmborough, Netherfield, Milton Keynes, MK6 4HS£230,000£220,000-£10,00023 Feb 202405 Jun 2024103 Days
8 Chandlers Court, Simpson, Milton Keynes, MK6 3BN£185,000£180,000-£5,00015 Nov 202330 May 2024197 Days
17 Coles Avenue, Leadenhall, Milton Keynes, MK6 5LE£182,000£182,000£0022 Nov 202328 May 2024188 Days
17 Helford Place, Fishermead, Milton Keynes, MK6 2DD£290,000£290,000£0027 Oct 202214 May 2024565 Days
32 Ferndale, Eaglestone, Milton Keynes, MK6 5AE£315,000£305,000-£10,00005 Dec 202310 May 2024157 Days
88 Forest Rise, Eaglestone, Milton Keynes, MK6 5EX£275,000£270,000-£5,00005 Dec 202326 Apr 2024143 Days
7 Flexerne Crescent, Ashland, Milton Keynes, MK6 4AP£58,500£58,500£0024 Jan 202425 Apr 202492 Days
107 Kirkstall Place, Oldbrook, Milton Keynes, MK6 2XF£390,000£370,000-£20,00018 Jan 202408 Apr 202481 Days
42 Great Denson, Eaglestone, Milton Keynes, MK6 5AY£275,000£270,000-£5,00008 Dec 202305 Apr 2024119 Days
261 Beadlemead, Netherfield, Milton Keynes, MK6 4HZ£250,000£218,000-£32,00014 Nov 202328 Mar 2024135 Days
110 Ambridge Grove, Peartree Bridge, Milton Keynes, MK6 3PH£250,000£238,000-£12,00009 Nov 202325 Mar 2024137 Days

Most Expensive Streets in MK6 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK6 3BEThe Green, Woughton On The GreenMilton Keynes£1,023,7504
MK6 3ERVerley Close, Woughton On The GreenMilton Keynes£960,0004
MK6 3FFBowlers Close, SimpsonMilton Keynes£560,0004
MK6 3BHMedland, Woughton ParkMilton Keynes£550,0005
MK6 3ALSimpsonMilton Keynes£520,6624
MK6 3BQCastle Rose, Woughton ParkMilton Keynes£511,9813
MK6 3DYPassmore, Tinkers BridgeMilton Keynes£376,2504
MK6 3AYHanmer Road, SimpsonMilton Keynes£369,3754
MK6 3LGStamford Avenue, SpringfieldMilton Keynes£366,0005
MK6 3AXLissel Road, SimpsonMilton Keynes£364,0003

Least Expensive Streets in MK6 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK6 5LWMarine Court, LeadenhallMilton Keynes£74,41612
MK6 2QLArlott Crescent, OldbrookMilton Keynes£78,8333
MK6 4AQLexham Road, AshlandMilton Keynes£84,0003
MK6 5LQDevereux Place, LeadenhallMilton Keynes£96,5004
MK6 2RZDexter Avenue, OldbrookMilton Keynes£100,4005
MK6 2LPNewlyn Place, FishermeadMilton Keynes£108,7504
MK6 4JWHeaton House, Akerlea CloseMilton Keynes£116,4169
MK6 4NJWheatcroft Close, BeanhillMilton Keynes£118,1663
MK6 2QGHutton Avenue, OldbrookMilton Keynes£131,6663
MK6 4HHFarthing Grove, NetherfieldMilton Keynes£133,0003

Explore MK6 (Milton Keynes) using map

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