local authority Land Registry UK HPI

Milton Keynes house prices

Average sold prices for Milton Keynes, broken down by property type, buyer status, funding status and property status, from HM Land Registry's UK House Price Index.

Average price
£324,767
Annual change
-0.7%
Homes sold, March 2026
222
England average
£292,095

The average property in Milton Keynes sold for £324,767 in May 2026, down 0.7% on the year. That is about 11% above the England average of £292,095. 222 homes sold in Milton Keynes in March 2026, the most recent month HM Land Registry have published transaction counts for.

Price trend

Over the 12 months to May 2026, the average price in Milton Keynes ended the period broadly where it started, peaking at £326,084 in December 2025.

£326,084 £319,130
June 2025May 2026

Peak £326,084 in December 2025.

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By property type

Detached homes are the most expensive in Milton Keynes at £549,772, 232% above flat or maisonette at £165,718. Detached and Flat or maisonette fell over the year while the rest held or rose.

Average sold price by property type, May 2026.
Property typeAverage priceAnnual change
Detached£549,772-1%
Semi-detached£328,966+0.7%
Terraced£270,968Broadly flat
Flat or maisonette£165,718-3.4%

By buyer status

First-time buyers in Milton Keynes paid £125,141 less than people who already owned, a gap of 46%.

Average sold price by buyer status, May 2026.
BuyerAverage priceAnnual change
First-time buyer£271,706-0.6%
Former owner-occupier£396,847-0.7%

By funding status

Cash buyers in Milton Keynes paid 1% less than those with a mortgage. Cash accounted for 14% of the sales counted in March 2026.

Average sold price by funding status, May 2026. Sales volumes are for March 2026, the most recent month published. Cash and mortgage sales are counted separately and do not necessarily add up to the total above.
Paid withAverage priceAnnual changeSales
Cash£321,358-0.9%13
Mortgage£325,671-0.6%82

By property status

New builds in Milton Keynes sold for 68% more than existing homes.

Average sold price by property status, March 2026. Sales volumes are not shown for new builds: they are registered months after completion, so recent counts are incomplete rather than low.
Property statusAverage priceAnnual change
New build£509,435+1.5%
Existing property£303,712-1.9%

Month by month

Average sold price and annual change over the last 12 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered.
MonthAverage priceAnnual changeSales
May 2026£324,767-0.7%n/a
April 2026£319,130-2.6%n/a
March 2026£322,691-1.4%222
February 2026£322,084Broadly flat190
January 2026£319,478-0.7%211
December 2025£326,084+1%213
November 2025£324,449Broadly flat283
October 2025£325,640+1%273
September 2025£319,143+0.5%259
August 2025£322,525+2.6%247
July 2025£322,039+2.9%284
June 2025£325,431+5.5%284
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Figures for a local authority are a three-month average rather than a single month's transactions. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.