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Local authority · South East, England

Milton Keynes

In July 2026 the average home in Milton Keynes cost £330,419, with prices over the last year up 0.1% on the year before. Private rents averaged £1,344 a month, a gross yield of 4.9%, higher than 73% of areas in England and Wales.

Average price £330,419 July 2026, provisional
Average rent £1,344 a month, August 2026
Gross yield 4.9% 87th of 316 areas
Price growth +0.1% over the last year

Compared with every area

How Milton Keynes compares

Each bar shows where Milton Keynes sits among the local authorities in England and Wales: the further right, the better for a landlord.

  • Gross yield 4.9%
    Higher than 73% of areas · 87th of 316
  • Price growth, 1 year +0.1%
    Faster than 25% of areas · 238th of 317
  • Price growth a year, over 5 years +3.3%
    Faster than 54% of areas · 147th of 317
  • Rent growth, 1 year +3.0%
    Faster than 17% of areas · 262nd of 316
  • Price change, latest 3 months on a year before +0.7%
    Stronger than 28% of areas · 228th of 317
  • Price volatility 4.5%
    Steadier than 60% of areas · 127th of 317
  • Average price £330,419
    Cheaper than 38% of areas · 197th of 317

History

Prices and rents over time

Average pricea month
Average renta month

Dashed lines are provisional months: Land Registry is still adding late sales, so they can move a little.

Growth a year

OverPricesRents
1 year+0.1%+3.0%
3 years+0.5%+4.9%
5 years+3.3%+5.3%
10 years+2.9%–

3, 5 and 10 years are the steady rate a year over that time, so they compare with 1 year. Each compares 12-month averages, which keeps one unusual month out.

Momentum and risk

Prices, latest 3 months on a year before+0.7%
Rents, latest 3 months on a year before+3.8%
Price volatility4.5%
Rent volatility1.6%
Sales recorded in the last 12 months3,138

Volatility is how much the yearly change has swung over five years, in percentage points: lower is steadier. Sales are those recorded so far; the newest months are still filling in.

In past downturns

Peak to low pointMilton KeynesTypical areaSouth East
The 2008-09 crash (Nov 2007 to Apr 2009) −21.8% −17.4% −19.3%
The 2022-24 dip (Nov 2022 to Mar 2024) −5.0% −4.1% −5.6%

After the 2008-09 crash, prices in Milton Keynes took 6.5 years from the 2007 peak to get back to it, in cash terms.

In both downturns, prices in South East fell more than in the typical area.

This is history, not a forecast. When we checked, how far an area fell in 2008-09 didn't predict how far it fell in 2022-24 compared with its neighbours, but regions followed much the same pattern both times. Falls use the 3-month average price, from the national peak to the national low point.

Area scores

Milton Keynes's scores

Each score runs from 0 to 100 against every other area, and higher is always better: a high risk score means low risk.

Yield 52.4 122nd of 316
How it's made
  • Gross yield43.5
  • Rent growth, 1 year4.6
  • Rent change, latest 3 months on a year before4.3
Growth 38.0 238th of 316
How it's made
  • Price growth, 1 year13.6
  • Price change, latest 3 months on a year before10.9
  • Rent change, latest 3 months on a year before6.4
  • Price growth a year, over 5 years4.8
  • Rent growth, 1 year2.3
Balanced 50.3 132nd of 316
How it's made
  • Gross yield24.9
  • Price growth, 1 year6.8
  • Rent growth, 1 year3.5
  • Price growth a year, over 5 years4.8
  • Sales in the last 12 months2.5
  • Price volatility3.3
  • Rent volatility4.5
Momentum 43.3 200th of 316
How it's made
  • Price change, latest 3 months on a year before21.8
  • Rent change, latest 3 months on a year before21.5
Risk 64.8 42nd of 316
How it's made
  • Price volatility26.8
  • Sales in the last 12 months20.0
  • Rent volatility18.0

Would a buy-to-let in Milton Keynes pay?

Start from a typical home here, then change the numbers to the one you're looking at. The calculator counts stamp duty, fees, the mortgage and Section 24.

£
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South East

Areas like this one

Matched by machine learning on price, growth over 1 and 5 years, how steady prices are and sales. In the past, areas matched this way in the same region went on to grow more like each other than like the region as a whole. That's a pattern, not a forecast.

About these figures

Updated with July 2026 data on 10 October 2026. Prices come from the UK House Price Index, rents from the ONS Price Index of Private Rents. The newest months are provisional and can be revised. Figures are for information only and are not financial advice.

Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0. Source: Office for National Statistics licensed under the Open Government Licence v.3.0.

Postcodes are matched to areas with the ONS postcode lookup. Contains OS data © Crown copyright and database right 2026. Contains Royal Mail data © Royal Mail copyright and database right 2026.