House Prices in MK5 House Prices in MK5 (Milton Keynes)

The average house price in MK5 (Milton Keynes) is £388,333 using HM Land Registry data.

The average property price increased by £24,463 (5.44%) over the last 5 years and increased by £4,891 (1.04%) over the last 12 months.

Over the last year, there were 120 residential property sales – a decrease of 61 transactions (-50.83%) relative to the previous year. The majority of house sales (32) were in the £266,000 - £412,000 range. Then came properties in the £120,000 - £266,000 range, where 20 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 53 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,645 (-2%).

In Apr 2026, there were 30 new estate agency instructions, 16 agreed home sales and 27 property price reductions.

5-Year Average Property Prices in MK5 (Milton Keynes)

5.44%

Property prices in MK5 (Milton Keynes) increased by 5.44% 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 MK5 (Milton Keynes) Over the Last Year

1.04%

Property prices in MK5 (Milton Keynes) increased by 1.04% 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 MK5 (Milton Keynes) - Apr 2026

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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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 MK5 (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 MK5 (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 MK5 (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 MK5 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK5 postcode area since 1995.

Recent Sales in MK5 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
70 Garthwaite Crescent, Shenley Brook End, Milton Keynes, MK5 7AX£575,000£530,000-£45,00028 Aug 202527 Mar 2026211 Days
78 Otterburn Crescent, Oakhill, Milton Keynes, MK5 6LX£182,000£180,000-£2,00002 Nov 202516 Mar 2026134 Days
37 Jenkins Close, Shenley Church End, Milton Keynes, MK5 6HX£475,000£455,000-£20,00018 Jul 202513 Mar 2026238 Days
23 Braford Gardens, Shenley Brook End, Milton Keynes, MK5 7HY£475,000£435,000-£40,00020 Mar 202525 Feb 2026342 Days
18 Cranwell Close, Shenley Brook End, Milton Keynes, MK5 7BU£395,000£385,000-£10,00018 Nov 202524 Feb 202698 Days
7 Pelton Court, Shenley Lodge, Milton Keynes, MK5 7AS£120,000£120,000£011 Jun 202523 Feb 2026257 Days
6 Bremen Grove, Shenley Brook End, Milton Keynes, MK5 7FJ£425,000£415,000-£10,00002 Jan 202612 Feb 202641 Days
24 Plantation Place, Shenley Brook End, Milton Keynes, MK5 7FP£650,000£625,000-£25,00024 Jun 202511 Feb 2026232 Days
85 Bradwell Road, Loughton, Milton Keynes, MK5 8BS£1,000,000£990,000-£10,00027 Jun 202506 Feb 2026224 Days
42 Braford Gardens, Shenley Brook End, Milton Keynes, MK5 7HY£490,000£490,000£011 Sep 202506 Feb 2026148 Days
8 Cottage Common, Loughton, Milton Keynes, MK5 8AE£875,000£850,000-£25,00007 May 202530 Jan 2026268 Days
20 Wallmead Gardens, Loughton, Milton Keynes, MK5 8ER£335,000£322,000-£13,00029 Jul 202522 Jan 2026177 Days
125 Engaine Drive, Shenley Church End, Milton Keynes, MK5 6BB£310,000£305,000-£5,00016 Jul 202519 Jan 2026187 Days
25 Otterburn Crescent, Oakhill, Milton Keynes, MK5 6LY£260,000£259,700-£30028 May 202506 Jan 2026223 Days
27 Gramwell, Shenley Church End, Milton Keynes, MK5 6DE£350,000£349,000-£1,00016 May 202505 Jan 2026234 Days
81 Bradwell Road, Loughton, Milton Keynes, MK5 8BS£850,000£825,000-£25,00030 May 202515 Dec 2025199 Days
74 Paxton Crescent, Shenley Lodge, Milton Keynes, MK5 7PY£615,000£610,000-£5,00023 Apr 202505 Dec 2025226 Days
16 Kirkwood Grove, Medbourne, Milton Keynes, MK5 6FP£80,000£80,000£027 Jan 202527 Nov 2025304 Days
69 Cressey Avenue, Shenley Brook End, Milton Keynes, MK5 7EL£290,000£290,000£009 Jun 202526 Nov 2025170 Days
56 Engaine Drive, Shenley Church End, Milton Keynes, MK5 6BD£114,000£114,000£002 Jul 202521 Nov 2025142 Days

Most Expensive Streets in MK5 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK5 8EBWhitworth Lane, LoughtonMilton Keynes£1,485,0005
MK5 6BLSalden Close, Shenley Church EndMilton Keynes£990,0003
MK5 8ELRedland Drive, LoughtonMilton Keynes£983,5333
MK5 8DJLinceslade Grove, LoughtonMilton Keynes£915,0003
MK5 8HQSnaith Crescent, LoughtonMilton Keynes£908,1113
MK5 8BSBradwell Road, LoughtonMilton Keynes£875,0003
MK5 6LGVache Lane, Shenley Church EndMilton Keynes£824,3333
MK5 8BDEbbsgrove, LoughtonMilton Keynes£779,5004
MK5 8AECottage Common, LoughtonMilton Keynes£732,1663
MK5 8AZLeys Road, LoughtonMilton Keynes£704,4005

Least Expensive Streets in MK5 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK5 7BYUpton Grove, Shenley LodgeMilton Keynes£69,0003
MK5 6EJLaunceston Court, Shenley Church EndMilton Keynes£71,5003
MK5 6HHPhillip Court, Shenley Church EndMilton Keynes£73,5717
MK5 6GDEnders Court, MedbourneMilton Keynes£96,0948
MK5 6BDEngaine Drive, Shenley Church EndMilton Keynes£99,6663
MK5 7EJTompkins Close, Shenley Brook EndMilton Keynes£109,6005
MK5 6BQPeers Lane, Shenley Church EndMilton Keynes£114,6663
MK5 6GEOldham Rise, MedbourneMilton Keynes£120,5237
MK5 6JGBenbow Court, Shenley Church EndMilton Keynes£133,3333
MK5 8ETHomeward Court, LoughtonMilton Keynes£133,6336

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