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House Prices in MK11 House Prices in MK11 (Milton Keynes)

The average house price in MK11 (Milton Keynes) is £284,750 using HM Land Registry data.

The average property price increased by £12,006 (30.53%) over the last 5 years and increased by £2,405 (4.47%) over the last 12 months.

Over the last year, there were 83 residential property sales – a decrease of 100 transactions (-120.48%) relative to the previous year. The majority of house sales (24) were in the £272,000 - £338,000 range. Then came properties in the £338,000 - £404,000 range, where 19 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,692 (-2%).

In Oct 24, there were 32 new estate agency instructions, 24 agreed home sales and 22 property price reductions.

Nearby Postcodes: MK12, MK13, MK14, MK16, MK17, MK18, MK19, MK5, MK8, NN12, NN7

5-Year Average Property Prices in MK11 (Milton Keynes)

30.53%

Property prices in Milton Keynes increased by 30.53% 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 MK11 (Milton Keynes) Over the Last Year

4.47%

Property prices in Milton Keynes increased by 4.47% 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 MK11 (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 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 MK11 (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 MK11 (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 MK11 (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 MK11 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK11 postcode area since 1995.

Recent Sales in MK11 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
9 Queen Street, Stony Stratford, Milton Keynes, MK11 1EG£310,000£303,500-£6,50004 Sep 202313 Aug 2024344 Days
13 Goran Avenue, Stony Stratford, Milton Keynes, MK11 1HQ£450,000£450,000£0016 Apr 202429 Jul 2024104 Days
8 Horn Lane, Stony Stratford, Milton Keynes, MK11 1HZ£318,500£310,000-£8,50016 Feb 202410 Jul 2024145 Days
21 Hale Avenue, Stony Stratford, Milton Keynes, MK11 1EP£300,000£290,000-£10,00028 Mar 202428 Jun 202492 Days
28 Silver Street, Stony Stratford, Milton Keynes, MK11 1JR£280,000£277,500-£2,50012 Jul 202317 Jun 2024341 Days
53 The Limes, Stony Stratford, Milton Keynes, MK11 1ET£385,000£380,000-£5,00014 Nov 202313 Jun 2024212 Days
29 Horsefair Green, Stony Stratford, Milton Keynes, MK11 1JP£300,000£285,000-£15,00018 Jan 202417 May 2024120 Days
20 Coronation Road, Stony Stratford, Milton Keynes, MK11 1JJ£425,000£415,000-£10,00022 Nov 202329 Apr 2024159 Days
90 Wolverton Road, Stony Stratford, Milton Keynes, MK11 1DT£245,000£240,000-£5,00031 Oct 202315 Mar 2024136 Days
13 Queen Street, Stony Stratford, Milton Keynes, MK11 1EG£310,000£300,000-£10,00010 Aug 202315 Feb 2024189 Days
19 Malvern Drive, Fullers Slade, Milton Keynes, MK11 2AD£325,000£320,000-£5,00018 Oct 202312 Feb 2024117 Days
12 King Street, Stony Stratford, Milton Keynes, MK11 1EE£260,000£256,000-£4,00009 Aug 202305 Jan 2024149 Days
3 Clarence Road, Stony Stratford, Milton Keynes, MK11 1JE£425,000£422,000-£3,00007 Sep 202311 Dec 202395 Days
25 Moorfoot, Fullers Slade, Milton Keynes, MK11 2BD£219,995£217,500-£2,49507 Jun 202306 Dec 2023182 Days
13 Kingston Avenue, Stony Stratford, Milton Keynes, MK11 1DS£350,000£350,000£0004 May 202305 Dec 2023215 Days
104 Milford Avenue, Stony Stratford, Milton Keynes, MK11 1HE£375,000£370,000-£5,00006 Aug 202301 Dec 2023117 Days
10 Goran Avenue, Stony Stratford, Milton Keynes, MK11 1HQ£350,000£345,000-£5,00011 May 202324 Nov 2023197 Days
37 The Limes, Stony Stratford, Milton Keynes, MK11 1ET£350,000£342,500-£7,50016 May 202324 Nov 2023192 Days
29 Roveley Court, Stony Stratford, Milton Keynes, MK11 1NU£294,000£285,200-£8,80011 Jul 202314 Nov 2023126 Days
20 Manshead Court, Stony Stratford, Milton Keynes, MK11 1NR£300,000£300,000£0026 Apr 202314 Nov 2023202 Days

Most Expensive Streets in MK11 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK11 1HXTudor Gardens, Stony StratfordMilton Keynes£930,0004
MK11 1HLCalverton Road, Stony StratfordMilton Keynes£735,0006
MK11 1ATHigh Street, Stony StratfordMilton Keynes£702,75010
MK11 1LECalverton Road, Stony StratfordMilton Keynes£695,0004
MK11 4BWFabius Drive, FairfieldsMilton Keynes£617,1848
MK11 4DFLegion Close, FairfieldsMilton Keynes£604,5955
MK11 1JGClarence Road, Stony StratfordMilton Keynes£581,6663
MK11 1FGWillow Lane, Stony StratfordMilton Keynes£566,8754
MK11 4BNBalbina Way, FairfieldsMilton Keynes£552,5003
MK11 4EAVenus Close, FairfieldsMilton Keynes£538,1838

Least Expensive Streets in MK11 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK11 4AQApollo Avenue, FairfieldsMilton Keynes£170,63315
MK11 1NWEssenden Court, Stony StratfordMilton Keynes£181,0004
MK11 4DLSergius Close, FairfieldsMilton Keynes£183,9984
MK11 4BBApollo Avenue, FairfieldsMilton Keynes£188,8507
MK11 4AGVespasian Road, FairfieldsMilton Keynes£190,22912
MK11 1BYCofferidge Close, Stony StratfordMilton Keynes£191,4005
MK11 4DAAntonius Way, FairfieldsMilton Keynes£207,5406
MK11 1LHEmerton Gardens, Stony StratfordMilton Keynes£213,3333
MK11 4DPApollo Avenue, FairfieldsMilton Keynes£215,18324
MK11 1ENHale Avenue, Stony StratfordMilton Keynes£226,3333

Explore MK11 (Milton Keynes) using map

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