Milton Keynes: the market in figures
Ranked 38th of 135, Milton Keynes averages £323,868. Inside the South East that is 9th of 12. The gap to the regional £379,953 is 14.8% below, and the gap to the UK's £273,037 is 18.6% above. In the latest year the price recorded a lift of 0.5%, with the South East at a move down of 0.8%. The UK average used throughout is £273,037; the covered table runs from City of Aberdeen at the bottom to Kensington and Chelsea at the top, and Milton Keynes sits 38th.
The series opens at £258,126 in 2016. Its biggest move is 8.9% in 2021, followed by 8.3% in 2022; its weakest year is 2019, at a drop of 3.1%. By 2026 the price stands at £323,868, 25.5% up on 2016, an extra £65,742. The most recent figure is also the series maximum. For 2019 the average was £264,431; for 2022, £315,994.
Property type sets the scale here. At the bottom, flats average £164,484; at the top, detached homes reach £545,636, with terraced (£272,734) and semi-detached (£328,146) in between. That is a spread of £381,152, or 231.7%. Those buying for the first time pay £271,609 on average, a discount of 16.1% on the all-buyer price.
Take Central Bedfordshire first: its centre is 20 km away, and its average is £355,263, costing 9.7% more. Then the extremes: Buckinghamshire at £477,450 (costing 47.4% more) and West Northamptonshire at £289,726 (costing 10.5% less). The latest annual changes range from no change (Buckinghamshire) to a climb of 3.1% (North Hertfordshire). In kilometres, it is 20 km from Central Bedfordshire, 24 km from Bedford, 29 km from West Northamptonshire, 34 km from Buckinghamshire and 38 km from North Hertfordshire.
On a purchase at the average price, Stamp Duty Land Tax comes to £6,193 for someone moving home, equal to 1.9%. First-time buyers pay £1,193 and an additional property is charged £22,387. HM Land Registry takes £150. The count of sales is 3,262. The price month is August 2026, the sales window June 2025 to May 2026.
Payotte, from the UK HPI and the calculator.
Property professionals in Milton Keynes
One firm per trade, selected by Payotte on public data (1 of 5 trades filled in Milton Keynes). Companies, never individuals, with a regulator or register you can check with the official body.
| Trade | Firm | Google rating | Reviews | Score /100 | Status | Listing |
|---|---|---|---|---|---|---|
| Estate agent | Vacant | — | — | — | — | — |
| Mortgage adviser | Allegro Mortgages | 5 | 850 | 74 | Selected | View |
| Conveyancer | Vacant | — | — | — | — | — |
| Surveyor | Vacant | — | — | — | — | — |
| Valuer | Vacant | — | — | — | — | — |
One firm per trade and per area, chosen on public data and scored out of 100 points — Google reviews (35), age of the company (30), checkable regulator or register (15), local anchoring (15), bonus (5). The ranking is never paid for. No firm can buy its place or its recommendation. How Payotte ranks firms
Calculate for Milton Keynes
Frequently asked questions
What is the average house price in Milton Keynes?
The average price of a home in Milton Keynes was £323,868 in August 2026, +0.5% over twelve months (UK House Price Index).
Have house prices gone up in Milton Keynes?
The average price in Milton Keynes went from £258,126 in August 2016 to £323,868 in August 2026, a change of +25.5%; +0.5% over the last twelve months (UK House Price Index).
How much Stamp Duty Land Tax on an average-priced home in Milton Keynes?
On £323,868, Stamp Duty Land Tax (SDLT) comes to £6,193 for a home mover, £1,193 for a first-time buyer and £22,387 for an additional property, at the rates in force in England.
How much tax when you sell a home in Milton Keynes?
None on your main home if it was your only home, lived in for all the time you owned it, not let out and not used exclusively for business (Private Residence Relief). A second home or a buy-to-let pays Capital Gains Tax above the £3,000 allowance (2026 to 2027; rates in the calculator above). Bought at the average price in Milton Keynes in August 2016 (£258,126) and sold at the August 2026 average (£323,868), the gain of £65,742 costs a higher rate taxpayer £15,058, before deducting the costs of buying, selling and improving. The tax is reported and paid within 60 days of completion (HMRC).
Is Milton Keynes expensive?
Milton Keynes ranks 38th of the 135 areas Payotte covers for the average price in August 2026, from £1,204,072 in Kensington and Chelsea to £133,782 in City of Aberdeen.
Prices by property type, August 2026
| Type | Average price | South East |
|---|---|---|
| Detached | £545,636 | £682,708 |
| Semi-detached | £328,146 | £415,956 |
| Terraced | £272,734 | £324,511 |
| Flat or maisonette | £164,484 | £208,529 |
| All types | £323,868 | £379,953 |
| First-time buyers | £271,609 | £300,015 |
The UK HPI is a mix-adjusted average (a hedonic model), not the price of the homes sold in the month. Northern Ireland figures are quarterly.
The trend, August of each year
| Year | Average price | Change on the year before |
|---|---|---|
| 2016 | £258,126 | — |
| 2017 | £265,221 | +2.7% |
| 2018 | £272,919 | +2.9% |
| 2019 | £264,431 | -3.1% |
| 2020 | £267,921 | +1.3% |
| 2021 | £291,753 | +8.9% |
| 2022 | £315,994 | +8.3% |
| 2023 | £312,647 | -1.1% |
| 2024 | £314,328 | +0.5% |
| 2025 | £322,117 | +2.5% |
| 2026 | £323,868 | +0.5% |
Sources
- Prices and sales: UK House Price Index, file UK-HPI-full-file-2026-08.csv. Contains HM Land Registry data © Crown copyright and database right 2020. This data is licensed under the Open Government Licence v3.0.
- Purchase tax: rates and sources of the calculator (HMRC).
- Tax when you sell: Capital Gains Tax rates, Tax when you sell your home and Report and pay your Capital Gains Tax (GOV.UK, HMRC).