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House Prices in MK5

The average house price in MK5 (Milton Keynes) is £686,666 using HM Land Registry data.

The average property price increased by £30,446 (6.79%) over the last 5 years and increased by £6,086 (1.29%) over the last 12 months.

Over the last year, there were 127 residential property sales – a decrease of 43 transactions (-33.86%) relative to the previous year. The majority of house sales (34) were in the £272,000 - £424,000 range. Then came properties in the £120,000 - £272,000 range, where 22 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 86 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-13,613 (-2%).

In Mar 2026, there were 28 new estate agency instructions, 24 agreed home sales and 21 property price reductions.

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

6.79%

Property prices in MK5 (Milton Keynes) increased by 6.79% 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

1.29%

Property prices in MK5 (Milton Keynes) increased by 1.29% 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 MK5 (Milton Keynes) - Mar 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 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 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)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
81 Bradwell Road, Loughton, Milton Keynes, MK5 8BS	£850,000	£825,000	-£25,000	30 May 2025	15 Dec 2025	199 Days
74 Paxton Crescent, Shenley Lodge, Milton Keynes, MK5 7PY	£615,000	£610,000	-£5,000	23 Apr 2025	05 Dec 2025	226 Days
16 Kirkwood Grove, Medbourne, Milton Keynes, MK5 6FP	£80,000	£80,000	£0	27 Jan 2025	27 Nov 2025	304 Days
69 Cressey Avenue, Shenley Brook End, Milton Keynes, MK5 7EL	£290,000	£290,000	£0	09 Jun 2025	26 Nov 2025	170 Days
56 Engaine Drive, Shenley Church End, Milton Keynes, MK5 6BD	£114,000	£114,000	£0	02 Jul 2025	21 Nov 2025	142 Days
10 Chalgrove Field, Oakhill, Milton Keynes, MK5 6GB	£170,000	£170,000	£0	22 Jan 2025	18 Nov 2025	300 Days
11 Redland Drive, Loughton, Milton Keynes, MK5 8EJ	£800,000	£800,000	£0	21 May 2025	14 Nov 2025	177 Days
67 Engaine Drive, Shenley Church End, Milton Keynes, MK5 6BA	£115,500	£112,500	-£3,000	14 Jul 2025	07 Nov 2025	116 Days
6 Egerton Gate, Shenley Brook End, Milton Keynes, MK5 7HH	£450,000	£450,000	£0	31 Jan 2025	06 Nov 2025	279 Days
10 Rayleigh Close, Shenley Church End, Milton Keynes, MK5 6ET	£400,000	£400,000	£0	08 May 2025	31 Oct 2025	176 Days
37 Oldham Rise, Medbourne, Milton Keynes, MK5 6GE	£127,500	£127,500	£0	06 May 2025	31 Oct 2025	178 Days
3 Willets Rise, Shenley Church End, Milton Keynes, MK5 6JW	£1,200,000	£1,170,000	-£30,000	07 Nov 2024	17 Oct 2025	344 Days
5 Gramwell, Shenley Church End, Milton Keynes, MK5 6DE	£300,000	£295,000	-£5,000	31 Jan 2025	10 Oct 2025	252 Days
22 Minorca Grove, Shenley Brook End, Milton Keynes, MK5 7FU	£500,000	£485,000	-£15,000	16 Apr 2025	08 Oct 2025	175 Days
18 Shepperds Green, Shenley Church End, Milton Keynes, MK5 6DA	£275,000	£269,000	-£6,000	12 Jun 2025	01 Oct 2025	111 Days
9 Bodiam Close, Shenley Church End, Milton Keynes, MK5 6HS	£725,000	£690,000	-£35,000	25 Nov 2024	30 Sep 2025	309 Days
12 Phillip Court, Shenley Church End, Milton Keynes, MK5 6HH	£75,000	£75,000	£0	28 Dec 2024	26 Sep 2025	272 Days
2 Wilmin Grove, Loughton, Milton Keynes, MK5 8EU	£525,000	£510,000	-£15,000	13 May 2025	24 Sep 2025	134 Days
51 Walbank Grove, Shenley Brook End, Milton Keynes, MK5 7GD	£825,000	£783,000	-£42,000	26 Jun 2025	22 Sep 2025	88 Days
112 Kirkwood Grove, Medbourne, Milton Keynes, MK5 6FP	£260,000	£250,000	-£10,000	07 May 2025	18 Sep 2025	134 Days

Most Expensive Streets in MK5 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK5 8EB	Whitworth Lane, Loughton	Milton Keynes	£1,485,000	5
MK5 6BL	Salden Close, Shenley Church End	Milton Keynes	£990,000	3
MK5 8EL	Redland Drive, Loughton	Milton Keynes	£983,533	3
MK5 8DJ	Linceslade Grove, Loughton	Milton Keynes	£915,000	3
MK5 8HQ	Snaith Crescent, Loughton	Milton Keynes	£908,111	3
MK5 8BS	Bradwell Road, Loughton	Milton Keynes	£875,000	3
MK5 6LG	Vache Lane, Shenley Church End	Milton Keynes	£824,333	3
MK5 8BD	Ebbsgrove, Loughton	Milton Keynes	£779,500	4
MK5 8AE	Cottage Common, Loughton	Milton Keynes	£732,166	3
MK5 7BA	Joules Court, Shenley Lodge	Milton Keynes	£715,000	4

Least Expensive Streets in MK5 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK5 7BY	Upton Grove, Shenley Lodge	Milton Keynes	£69,000	3
MK5 6EJ	Launceston Court, Shenley Church End	Milton Keynes	£71,500	3
MK5 6HH	Phillip Court, Shenley Church End	Milton Keynes	£73,571	7
MK5 6GD	Enders Court, Medbourne	Milton Keynes	£96,094	8
MK5 6BD	Engaine Drive, Shenley Church End	Milton Keynes	£99,666	3
MK5 6BQ	Peers Lane, Shenley Church End	Milton Keynes	£114,666	3
MK5 7EJ	Tompkins Close, Shenley Brook End	Milton Keynes	£115,125	4
MK5 6GE	Oldham Rise, Medbourne	Milton Keynes	£120,523	7
MK5 6JG	Benbow Court, Shenley Church End	Milton Keynes	£133,333	3
MK5 8ET	Homeward Court, Loughton	Milton Keynes	£133,633	6