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Milton Keynes · report

House prices in Milton Keynes: the next 12 months

Sale prices have an 80% chance of landing between £312,548 and £348,591 by August 2027.

Expected, August 2027
£330,570
Chance of a rise
68%

Milton Keynes: five years of prices and the expected path

Average sale price per home, £, monthly, with the next 12 months' expected path

  • Milton Keynes
  • South East
  • United Kingdom
  • Expected path
  • 80% range
Show the numbers
PeriodMilton KeynesSouth EastUnited Kingdom
Aug 2027 · Expected path£330,570 (£312,548–£348,591)£383,466£280,154
Jul 2027 · Expected path£330,011 (£312,978–£347,044)£383,173£279,560
Jun 2027 · Expected path£329,453 (£313,426–£345,480)£382,880£278,967
May 2027 · Expected path£328,894 (£313,895–£343,893)£382,588£278,374
Apr 2027 · Expected path£328,336 (£314,391–£342,281)£382,295£277,781
Mar 2027 · Expected path£327,777 (£314,919–£340,636)£382,002£277,188
Feb 2027 · Expected path£327,219 (£315,489–£338,948)£381,709£276,595
Jan 2027 · Expected path£326,660 (£316,115–£337,206)£381,417£276,002
Dec 2026 · Expected path£326,102 (£316,817–£335,387)£381,124£275,409
Nov 2026 · Expected path£325,543 (£317,632–£333,455)£380,831£274,816
Oct 2026 · Expected path£324,985 (£318,633–£331,337)£380,538£274,223
Sep 2026 · Expected path£324,426 (£320,012–£328,841)£380,246£273,630
Aug 2026£323,868£379,953£273,037
Jul 2026£330,027£380,375£272,146
Jun 2026£324,290£378,890£270,690
May 2026£325,203£381,519£272,221
Apr 2026£319,098£379,342£270,966
Mar 2026£322,472£378,202£268,631
Feb 2026£320,284£378,018£269,423
Jan 2026£318,484£379,593£268,814
Dec 2025£323,447£374,984£268,002
Nov 2025£324,429£379,283£270,472
Oct 2025£325,442£382,074£269,819
Sep 2025£320,018£379,765£269,556
Aug 2025£322,117£383,045£270,575
Jul 2025£321,981£380,195£268,843
Jun 2025£325,420£379,262£266,796
May 2025£326,925£376,656£264,078
Apr 2025£327,787£375,519£260,162
Mar 2025£327,298£381,452£268,019
Feb 2025£322,487£380,137£264,771
Jan 2025£321,831£381,267£264,936
Dec 2024£322,805£378,958£263,991
Nov 2024£323,902£377,413£264,515
Oct 2024£322,278£381,155£265,252
Sep 2024£317,516£380,519£264,750
Aug 2024£314,328£381,897£265,085
Jul 2024£312,849£377,066£262,479
Jun 2024£308,493£373,083£259,585
May 2024£306,596£372,808£258,565
Apr 2024£305,271£369,214£256,478
Mar 2024£309,479£366,875£255,082
Feb 2024£310,232£367,789£254,633
Jan 2024£311,864£369,326£255,972
Dec 2023£310,590£367,572£256,177
Nov 2023£312,959£375,344£258,368
Oct 2023£312,340£377,965£260,129
Sep 2023£313,794£379,338£261,318
Aug 2023£312,647£381,601£262,602
Jul 2023£313,374£381,968£261,182
Jun 2023£314,828£377,848£258,275
May 2023£314,189£377,989£257,330
Apr 2023£315,055£379,543£256,479
Mar 2023£310,474£380,362£255,885
Feb 2023£315,551£383,401£258,788
Jan 2023£321,943£387,727£260,941
Dec 2022£326,376£388,158£263,190
Nov 2022£326,551£389,960£265,299
Oct 2022£320,405£391,862£265,693
Sep 2022£319,761£391,553£265,727
Aug 2022£315,994£390,701£265,124
Jul 2022£309,845£387,054£262,904
Jun 2022£306,263£380,603£258,118
May 2022£303,719£376,100£255,040
Apr 2022£302,462£370,658£252,167
Mar 2022£301,403£369,755£249,232
Feb 2022£298,917£367,655£248,309
Jan 2022£300,694£368,184£248,031
Dec 2021£293,580£362,713£245,189
Nov 2021£292,607£360,386£243,930
Oct 2021£290,123£354,140£239,236
Sep 2021£293,013£361,613£245,371

What the model expects

The central estimate at each horizon, and the range prices land in 8 times out of 10.

HorizonExpected80% rangeChance of a riseChance of beating inflation
In 3 months (November 2026)£325,543£317,632 – £333,45561%43%
In 4 months (December 2026)£326,102£316,817 – £335,38762%42%
In 12 months (August 2027)£330,570£312,548 – £348,59168%37%

The outlook carries the region's own monthly price history forward: the recent trend and how far prices usually stray from it. It knows nothing about interest-rate decisions, new laws or local projects, so read it as a description of momentum, not a forecast to act on.

Other reports for Milton Keynes

At the average sale price, a home costs £323,868. With 10% down and a 30-year mortgage, the payment is £1,494 a month. The UK sets no cap on the payment; no more than 15% of new mortgages may lend over 4.5 times income.

Payment, two incomes
22%
Payment, one income
43%

Renting the average home costs less each month than owning it. Owning counts interest, running costs and the return the deposit could earn, at the average sale price; rent is the average of all private tenancies. Repaying the loan is saving, so it is left out.

Rent per month
£1,346
Owning per month
£1,525

30.3% fewer homes were started in the last 12 months than in an average year of the past decade.

Started, 12 months
1,140
Per 1,000 residents
3.7

Figures for United Kingdom: Milton Keynes has no reliable figures of its own.

Buyers living abroad bought 1.8% of the homes sold here in the four quarters to Q1 2025.

Bought by buyers abroad, 12 months
1.8%

Sale prices have fallen by 3% or more 6 times since 1995. The deepest began in October 2007.

Deepest fall
−24.1%
Recovery from the low
62 months

In 2025 the population grew by 2,863 while 1,310 homes were finished: 2.2 new residents for every new home.

New residents per new home, 2025
2.2
Population change, 2025
+2,863

3.5% of the 117,516 homes counted in the 2021 census had nobody usually living in them.

Empty, 2021 census
3.5%
Empty homes
4,105

In 2025, 17% of the homes added came from existing buildings rather than new ones.

Homes from existing buildings, 2025
17%