You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in MK1

House Prices in MK1

The average house price in MK1 (Milton Keynes) is £0 using HM Land Registry data.

The average property price increased by £219,483 (62.08%) over the last 5 years and increased by £43,977 (7.53%) over the last 12 months.

Over the last year, there were 2 residential property sales – a decrease of 3 transactions (-150.00%) relative to the previous year. The majority of house sales (1) were in the £370,000 - £492,000 range. Then came properties in the £858,000 - £980,000 range, where 1 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,000 (-1%).

In February 2025, there were 1 new estate agency instructions, agreed home sales and property price reductions.

5-Year Average Property Prices in MK1 (Milton Keynes)

62.08%

Property prices in MK1 (Milton Keynes) increased by 62.08% 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 MK1 (Milton Keynes) Over the Last Year

7.53%

Property prices in MK1 (Milton Keynes) increased by 7.53% 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.

Property Market Heat Gauge for MK1 (Milton Keynes) - February 2025

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 MK1 (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 MK1 (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 MK1 (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 MK1 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK1 postcode area since 1995.

Recent Sales in MK1 (Milton Keynes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
25 Rhondda Close, Bletchley, Milton Keynes, MK1 1BH	£375,000	£370,000	-£5,000	27 Dec 2023	22 Apr 2024	117 Days
Fenny Lodge, 76, Simpson Road, Bletchley, Milton Keynes, MK1 1BA	£995,000	£975,000	-£20,000	15 Jun 2023	19 Dec 2023	187 Days
78 Watling Street, Bletchley, Milton Keynes, MK1 1BW	£550,000	£542,000	-£8,000	07 Feb 2023	01 Aug 2023	175 Days
56 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£425,000	£425,000	£0	25 Aug 2022	10 Feb 2023	169 Days
59 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£415,000	£415,000	£0	07 Sep 2022	20 Dec 2022	104 Days
1 Lock View Lane, Bletchley, Milton Keynes, MK1 1BY	£300,000	£300,000	£0	15 Jun 2022	06 Dec 2022	174 Days
63 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£410,000	£405,000	-£5,000	09 Apr 2021	21 Mar 2022	346 Days
25 Rhondda Close, Bletchley, Milton Keynes, MK1 1BH	£360,000	£350,000	-£10,000	27 Aug 2021	16 Dec 2021	111 Days
23 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£325,000	£325,000	£0	22 Mar 2021	09 Nov 2021	232 Days
19 Rhondda Close, Bletchley, Milton Keynes, MK1 1BH	£275,000	£275,000	£0	15 Sep 2020	27 Jul 2021	315 Days
70 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£360,000	£345,000	-£15,000	16 Apr 2021	25 Jun 2021	70 Days
26 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£325,000	£305,000	-£20,000	02 Jan 2021	29 Apr 2021	117 Days
8 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£450,000	£435,000	-£15,000	25 Nov 2020	18 Mar 2021	113 Days
33 Rhondda Close, Bletchley, Milton Keynes, MK1 1BH	£385,000	£363,000	-£22,000	25 Aug 2020	07 Jan 2021	135 Days
19 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£475,000	£475,000	£0	04 Jun 2020	09 Oct 2020	127 Days
Pear Tree House, 85, Simpson Road, Bletchley, Milton Keynes, MK1 1BG	£330,000	£320,000	-£10,000	05 Jun 2020	10 Sep 2020	97 Days
57 Simpson Road, Bletchley, Milton Keynes, MK1 1BE	£254,995	£250,000	-£4,995	27 Nov 2019	25 Aug 2020	272 Days
21 Rhondda Close, Bletchley, Milton Keynes, MK1 1BH	£325,000	£316,000	-£9,000	25 Nov 2019	17 Jul 2020	235 Days
227 Granby Court, Bletchley, Milton Keynes, MK1 1NQ	£80,000	£78,000	-£2,000	24 Sep 2019	05 Feb 2020	134 Days
29 Staple Hall Road, Bletchley, Milton Keynes, MK1 1BQ	£300,000	£298,500	-£1,500	22 Oct 2019	25 Oct 2019	3 Days

Most Expensive Streets in MK1 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK1 1BQ	Staple Hall Road, Bletchley	Milton Keynes	£383,384	13
MK1 1BQ	Staple Hall Road, Bletchley	Milton Keynes	£383,384	13
MK1 1BH	Rhondda Close, Bletchley	Milton Keynes	£334,800	5
MK1 1BH	Rhondda Close, Bletchley	Milton Keynes	£334,800	5

Least Expensive Streets in MK1 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK1 1BH	Rhondda Close, Bletchley	Milton Keynes	£334,800	5
MK1 1BH	Rhondda Close, Bletchley	Milton Keynes	£334,800	5
MK1 1BQ	Staple Hall Road, Bletchley	Milton Keynes	£383,384	13
MK1 1BQ	Staple Hall Road, Bletchley	Milton Keynes	£383,384	13