House Prices in MK8 House Prices in MK8 (Milton Keynes)

The average house price in MK8 (Milton Keynes) is £440,625 using HM Land Registry data.

The average property price decreased by £2,331 (-21.33%) over the last 5 years and decreased by £467 (-3.32%) over the last 12 months.

Over the last year, there were 146 residential property sales – a decrease of 34 transactions (-23.29%) relative to the previous year. The majority of house sales (30) were in the £400,000 - £490,000 range. Then came properties in the £310,000 - £400,000 range, where 26 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 201 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-15,745 (-3%).

In February 2025, there were 47 new estate agency instructions, 27 agreed home sales and 18 property price reductions.

5-Year Average Property Prices in MK8 (Milton Keynes)

21.33%

Property prices in MK8 (Milton Keynes) increased by 21.33% 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 MK8 (Milton Keynes) Over the Last Year

3.32%

Property prices in MK8 (Milton Keynes) increased by 3.32% 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 MK8 (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 MK8 (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 MK8 (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 MK8 (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 MK8 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK8 postcode area since 1995.

Recent Sales in MK8 (Milton Keynes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
3 Vyne Crescent, Great Holm, Milton Keynes, MK8 9EJ£425,000£405,500-£19,50023 Apr 202406 Jan 2025258 Days
37 Gatcombe, Great Holm, Milton Keynes, MK8 9EA£600,000£585,000-£15,00022 Aug 202403 Jan 2025134 Days
20 Westwood Close, Great Holm, Milton Keynes, MK8 9EE£350,000£345,000-£5,00002 Jul 202418 Dec 2024169 Days
42 Astlethorpe, Two Mile Ash, Milton Keynes, MK8 8EW£599,995£590,000-£9,99516 Aug 202406 Dec 2024112 Days
31 Nicholson Grove, Grange Farm, Milton Keynes, MK8 0NF£340,000£338,500-£1,50010 Jul 202429 Nov 2024142 Days
34 Dunthorne Way, Grange Farm, Milton Keynes, MK8 0LX£85,000£85,000£029 Mar 202422 Nov 2024238 Days
79 Redding Grove, Crownhill, Milton Keynes, MK8 0BU£500,000£495,000-£5,00009 May 202431 Oct 2024175 Days
72 Cruickshank Grove, Crownhill, Milton Keynes, MK8 0HG£575,000£550,000-£25,00011 Jul 202425 Oct 2024106 Days
66 Garwood Crescent, Grange Farm, Milton Keynes, MK8 0PS£800,000£770,000-£30,00005 Apr 202424 Oct 2024202 Days
1 Laurel Close, Crownhill, Milton Keynes, MK8 0DR£325,000£315,000-£10,00026 Dec 202311 Oct 2024290 Days
69 Shorham Rise, Two Mile Ash, Milton Keynes, MK8 8BT£370,000£362,500-£7,50020 Mar 202427 Sep 2024191 Days
39 Westwood Close, Great Holm, Milton Keynes, MK8 9EE£325,000£325,000£023 Jul 202420 Sep 202459 Days
57 Chardacre, Two Mile Ash, Milton Keynes, MK8 8JN£137,500£137,500£028 Mar 202409 Sep 2024165 Days
5 Beulah Grove, Whitehouse, Milton Keynes, MK8 1EJ£320,000£315,000-£5,00009 Mar 202406 Sep 2024181 Days
35 Singleton Drive, Grange Farm, Milton Keynes, MK8 0PX£190,000£184,000-£6,00008 Feb 202409 Aug 2024183 Days
23 Gainsborough Close, Grange Farm, Milton Keynes, MK8 0NA£800,000£770,000-£30,00028 Mar 202402 Aug 2024127 Days
20 Redding Grove, Crownhill, Milton Keynes, MK8 0BD£88,500£88,500£013 Feb 202426 Jul 2024164 Days
52 Chevalier Grove, Crownhill, Milton Keynes, MK8 0EJ£330,000£300,000-£30,00013 Sep 202312 Jul 2024303 Days
35 Gainsborough Close, Grange Farm, Milton Keynes, MK8 0NA£600,000£580,000-£20,00031 Jul 202328 Jun 2024333 Days
6 Littlemere, Two Mile Ash, Milton Keynes, MK8 8DR£475,000£467,500-£7,50027 Aug 202326 Mar 2024212 Days

Most Expensive Streets in MK8 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK8 0LZAshford Crescent, Grange FarmMilton Keynes£845,0005
MK8 9EAGatcombe, Great HolmMilton Keynes£646,4905
MK8 1ELCanaria Close, WhitehouseMilton Keynes£622,7166
MK8 1AFLimousin Avenue, WhitehouseMilton Keynes£622,6068
MK8 1ESHolstein Crescent, WhitehouseMilton Keynes£600,71816
MK8 9EGChawton Crescent, Great HolmMilton Keynes£595,8333
MK8 1DUBrecknock Chase, WhitehouseMilton Keynes£565,47811
MK8 1EGSalorn Way, WhitehouseMilton Keynes£558,66525
MK8 8BJThe Approach, Two Mile AshMilton Keynes£546,6663
MK8 8PDLangton Drive, Two Mile AshMilton Keynes£545,0003

Least Expensive Streets in MK8 (Milton Keynes)

PostcodeStreetAreaAverageNo. of Sales
MK8 1AZAngus Way, WhitehouseMilton Keynes£67,6874
MK8 0NRReynolds Place, Grange FarmMilton Keynes£91,26612
MK8 1BBAngus Way, WhitehouseMilton Keynes£98,5003
MK8 1AYNelore Close, WhitehouseMilton Keynes£103,7504
MK8 1DABarrosa Way, WhitehouseMilton Keynes£104,2005
MK8 0DGChaplin Grove, CrownhillMilton Keynes£128,8124
MK8 0LXDunthorne Way, Grange FarmMilton Keynes£131,4378
MK8 8JADenmead, Two Mile AshMilton Keynes£134,1666
MK8 8HWDownland, Two Mile AshMilton Keynes£148,9163
MK8 0PQDandridge Court, Grange FarmMilton Keynes£157,26615

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