Milton Keynes house prices, August 2026

Local authority · UK House Price Index · HM Land Registry

Average price

£323,868

August 2026

12 months

+0.5%

August 2025 to August 2026

Last month

−1.9%

July to August 2026

Sales registered

226

June 2026, the latest month published

England average

£293,525

August 2026

HM Land Registry's average price for Milton Keynes was £323,868 in August 2026, up 0.5% on the year. That is about 11% above the England average of £292,694 over June to August 2026, the three months it covers. 226 sales in Milton Keynes have been registered so far for June 2026, the most recent month HM Land Registry have published a count for.

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

Price trend

August 2025 to August 2026

Over the 12 months to August 2026, the average price in Milton Keynes rose 0.5%, peaking at £330,027 in July 2026.

August 2026£323,868, +0.5% on a year earlier

Peak £330,027 in July 2026.

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By property type

Detached homes are the most expensive in Milton Keynes at £545,636, 232% above flat or maisonette at £164,484. Flat or maisonette is the only type where prices fell over the year, down 2.4%.

HM Land Registry's average price by property type, August 2026.
Property typeAverage priceAnnual change
Detached£545,636Broadly flat
Semi-detached£328,146+1.8%
Terraced£272,734+1.8%
Flat or maisonette£164,484−2.4%

Month by month

HM Land Registry's average price and annual change over the last 13 published months. Sales volumes stop two months short because HM Land Registry withhold the most recent counts until more transactions are registered, and the latest published counts are of the sales registered so far.
MonthAverage priceMonthly changeAnnual changeSales
August 2026£323,868−1.9%+0.5%–
July 2026£330,027+1.8%+2.5%–
June 2026£324,290−0.3%Broadly flat226
May 2026£325,203+1.9%−0.5%223
April 2026£319,098−1.0%−2.7%244
March 2026£322,472+0.7%−1.5%268
February 2026£320,284+0.6%−0.7%214
January 2026£318,484−1.5%−1%232
December 2025£323,447−0.3%Broadly flat242
November 2025£324,429−0.3%Broadly flat341
October 2025£325,442+1.7%+1%345
September 2025£320,018−0.7%+0.8%313
August 2025£322,1170.0%+2.5%269

By buyer status

The average price for first-time buyers in Milton Keynes was £123,570 below that for former owner-occupiers, a gap of 45%.

HM Land Registry's average price by buyer status, August 2026.
BuyerAverage priceAnnual change
First-time buyer£271,609+0.9%
Former owner-occupier£395,179Broadly flat

By funding status

The average price for cash buyers in Milton Keynes was 2% below that for mortgage buyers. Cash accounted for 19% of the cash and mortgage sales registered so far for June 2026.

HM Land Registry's average price by funding status, August 2026. Sales volumes are those registered so far for June 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£319,759Broadly flat23
Mortgage£324,961+0.6%95

By property status

The average price for new builds in Milton Keynes was 67% above that for existing homes.

HM Land Registry's average price by property status, June 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£510,410+1%
Existing property£305,023−0.6%

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For a local authority the index is a three-month average (June to August 2026), and the annual change compares it with June to August 2025. The average price is the index's standardised average, a mix-adjusted geometric mean, not the mean or median of sales, so it will not match a list of sold prices. HM Land Registry revise the most recent twelve months as more sales are registered, so recent figures are provisional.