Imofolio

Milton Keynes · report

Past price cycles in Milton Keynes

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

Prices in Milton Keynes and the UK, indexed

Average sale prices, both set to 100 in January 1995.

  • Milton Keynes
  • United Kingdom
  • 100 = January 1995
Show the numbers
PeriodMilton KeynesUnited Kingdom
Aug 2026634.6534.7
Jul 2026646.6532.9
Jun 2026635.4530.1
May 2026637.2533.1
Apr 2026625.2530.6
Mar 2026631.8526.0
Feb 2026627.5527.6
Jan 2026624.0526.4
Dec 2025633.7524.8
Nov 2025635.6529.6
Oct 2025637.6528.4
Sep 2025627.0527.8
Aug 2025631.1529.8
Jul 2025630.9526.5
Jun 2025637.6522.4
May 2025640.5517.1
Apr 2025642.2509.5
Mar 2025641.3524.8
Feb 2025631.8518.5
Jan 2025630.6518.8
Dec 2024632.5517.0
Nov 2024634.6518.0
Oct 2024631.4519.4
Sep 2024622.1518.4
Aug 2024615.9519.1
Jul 2024613.0514.0
Jun 2024604.4508.3
May 2024600.7506.3
Apr 2024598.1502.2
Mar 2024606.4499.5
Feb 2024607.8498.6
Jan 2024611.0501.2
Dec 2023608.5501.6
Nov 2023613.2505.9
Oct 2023612.0509.4
Sep 2023614.8511.7
Aug 2023612.6514.2
Jul 2023614.0511.4
Jun 2023616.8505.8
May 2023615.6503.9
Apr 2023617.3502.2
Mar 2023608.3501.1
Feb 2023618.3506.8
Jan 2023630.8511.0
Dec 2022639.5515.4
Nov 2022639.8519.5
Oct 2022627.8520.3
Sep 2022626.5520.3
Aug 2022619.1519.2
Jul 2022607.1514.8
Jun 2022600.1505.4
May 2022595.1499.4
Apr 2022592.6493.8
Mar 2022590.5488.0
Feb 2022585.7486.2
Jan 2022589.1485.7
Dec 2021575.2480.1
Nov 2021573.3477.7
Oct 2021568.4468.5
Sep 2021574.1480.5
Aug 2021571.6466.8
Jul 2021559.6453.1
Jun 2021550.0475.4
May 2021540.0451.4
Apr 2021544.2448.4
Mar 2021547.9455.2
Feb 2021541.9448.6
Jan 2021537.3447.3
Dec 2020530.1447.3
Nov 2020530.3443.9
Oct 2020528.1439.4
Sep 2020533.5435.7
Aug 2020524.9431.1
Jul 2020516.6426.9
Jun 2020506.7423.4
May 2020518.9417.6
Apr 2020522.1415.5
Mar 2020521.5419.7
Feb 2020514.1416.0
Jan 2020514.3418.4
Dec 2019518.2418.1
Nov 2019517.7418.7
Oct 2019514.1420.2
Sep 2019518.0421.3
Aug 2019518.1421.0
Jul 2019523.3419.6
Jun 2019511.9415.0
May 2019509.2413.2
Apr 2019507.1412.6
Mar 2019507.4409.7
Feb 2019511.0410.8
Jan 2019513.7411.8
Dec 2018520.9414.4
Nov 2018524.8415.3
Oct 2018530.7417.1
Sep 2018531.7417.5
Aug 2018534.7418.3
Jul 2018528.3417.0
Jun 2018530.2411.9
May 2018526.0409.2
Apr 2018529.7407.5
Mar 2018524.2403.7
Feb 2018530.4406.1
Jan 2018527.1405.0
Dec 2017535.7406.5
Nov 2017531.8404.9
Oct 2017533.8406.0
Sep 2017525.1405.7
Aug 2017519.6407.2
Jul 2017518.3405.4
Jun 2017517.6400.2
May 2017521.0396.8
Apr 2017516.1394.4
Mar 2017516.1388.3
Feb 2017509.1389.1
Jan 2017503.3388.3
Dec 2016493.7388.7
Nov 2016489.2388.0
Oct 2016488.7386.2
Sep 2016495.4387.5
Aug 2016505.7388.1
Jul 2016504.9388.1
Jun 2016497.1384.0
May 2016492.2380.4
Apr 2016494.5376.0
Mar 2016492.1374.6
Feb 2016481.2370.8
Jan 2016471.8370.6
Dec 2015465.9369.6
Nov 2015463.3368.4
Oct 2015459.5365.6
Sep 2015455.7365.1
Aug 2015446.0364.3
Jul 2015437.8361.0
Jun 2015428.1355.0
May 2015423.7352.3
Apr 2015425.8348.5
Mar 2015423.9345.5
Feb 2015423.5344.2
Jan 2015414.6343.9
Dec 2014415.9345.7
Nov 2014411.6344.9
Oct 2014412.1346.1
Sep 2014409.2346.6
Aug 2014408.4346.2
Jul 2014402.7342.2
Jun 2014395.4337.5
May 2014387.1334.6
Apr 2014380.6331.1
Mar 2014373.6323.9
Feb 2014365.9322.7
Jan 2014362.7321.4
Dec 2013360.2321.0
Nov 2013359.8318.1
Oct 2013357.8316.4
Sep 2013357.6317.7
Aug 2013358.6317.4
Jul 2013357.1314.9
Jun 2013353.7311.4
May 2013348.5308.9
Apr 2013345.5307.3
Mar 2013344.3304.3
Feb 2013347.6302.5
Jan 2013344.8302.5
Dec 2012342.2304.6
Nov 2012343.1305.3
Oct 2012349.5305.0
Sep 2012354.1307.2
Aug 2012346.4308.3
Jul 2012342.4307.9
Jun 2012340.2306.7
May 2012340.1303.8
Apr 2012342.1302.8
Mar 2012338.4299.3
Feb 2012340.5298.5
Jan 2012336.4299.3
Dec 2011338.6301.3
Nov 2011339.6302.6
Oct 2011337.6302.5
Sep 2011338.8305.8
Aug 2011333.2306.6
Jul 2011333.7306.4
Jun 2011324.8302.6
May 2011322.5302.1
Apr 2011316.1303.4
Mar 2011318.4298.8
Feb 2011325.1300.2
Jan 2011333.6301.8
Dec 2010332.0304.3
Nov 2010331.7304.9
Oct 2010330.1308.5
Sep 2010339.0312.0
Aug 2010339.4312.8
Jul 2010340.1312.8
Jun 2010339.9309.7
May 2010335.3308.2
Apr 2010330.6306.7
Mar 2010320.4302.8
Feb 2010323.3302.8
Jan 2010323.8302.1
Dec 2009326.0303.2
Nov 2009321.0301.2
Oct 2009319.8300.2
Sep 2009318.4298.2
Aug 2009317.0295.9
Jul 2009316.5293.0
Jun 2009316.1287.8
May 2009313.0285.0
Apr 2009295.0281.1
Mar 2009295.2278.6
Feb 2009302.1280.3
Jan 2009316.7283.6
Dec 2008318.1290.3
Nov 2008321.0294.8
Oct 2008330.1303.4
Sep 2008344.4309.6
Aug 2008356.7317.6
Jul 2008367.4324.4
Jun 2008364.0328.0
May 2008370.5332.4
Apr 2008371.5330.4
Mar 2008380.2329.8
Feb 2008375.7332.2
Jan 2008375.1335.1
Dec 2007381.3341.3
Nov 2007385.7341.8
Oct 2007388.5342.0
Sep 2007379.4342.8
Aug 2007371.8342.3
Jul 2007370.4340.4
Jun 2007370.6336.1
May 2007361.8332.5
Apr 2007354.5328.7
Mar 2007347.3322.2
Feb 2007349.7319.8
Jan 2007347.0318.8
Dec 2006344.7319.0
Nov 2006342.2315.0
Oct 2006340.2313.4
Sep 2006338.1311.6
Aug 2006333.3310.3
Jul 2006332.2307.7
Jun 2006325.4303.4
May 2006323.2300.5
Apr 2006319.3297.7
Mar 2006320.2291.4
Feb 2006318.5289.0
Jan 2006314.7288.6
Dec 2005316.6289.0
Nov 2005316.1287.4
Oct 2005317.3286.6
Sep 2005313.1287.1
Aug 2005314.2287.6
Jul 2005316.8286.4
Jun 2005318.9282.8
May 2005318.2280.6
Apr 2005313.1277.6
Mar 2005310.5273.7
Feb 2005308.5271.5
Jan 2005314.5271.7
Dec 2004315.7271.9
Nov 2004317.6273.9
Oct 2004311.6274.3
Sep 2004310.7272.3
Aug 2004307.3272.8
Jul 2004308.1269.7
Jun 2004301.5264.1
May 2004295.3259.5
Apr 2004288.0256.4
Mar 2004286.9245.3
Feb 2004284.7244.7
Jan 2004289.0247.1
Dec 2003285.7245.6
Nov 2003283.6240.9
Oct 2003277.3243.6
Sep 2003277.5239.4
Aug 2003270.2240.2
Jul 2003265.7236.0
Jun 2003262.9231.9
May 2003265.6231.4
Apr 2003269.1233.0
Mar 2003267.3227.6
Feb 2003266.2222.8
Jan 2003260.1225.2
Dec 2002253.1226.8
Nov 2002246.9219.5
Oct 2002241.1217.3
Sep 2002236.0215.7
Aug 2002231.3210.6
Jul 2002222.0206.0
Jun 2002216.8204.4
May 2002210.6196.4
Apr 2002204.7191.4
Mar 2002203.5188.9
Feb 2002201.7182.5
Jan 2002204.7176.1
Dec 2001199.5176.7
Nov 2001197.2176.7
Oct 2001194.6176.7
Sep 2001194.3180.3
Aug 2001190.8180.3
Jul 2001184.1180.3
Jun 2001179.2174.1
May 2001176.2174.1
Apr 2001172.1174.1
Mar 2001169.1168.0
Feb 2001168.0168.0
Jan 2001170.8168.0
Dec 2000173.2168.9
Nov 2000172.4168.9
Oct 2000170.7168.9
Sep 2000167.0164.0
Aug 2000165.8164.0
Jul 2000162.1164.0
Jun 2000161.5161.0
May 2000158.5161.0
Apr 2000156.2161.0
Mar 2000150.4152.6
Feb 2000148.1152.6
Jan 2000146.6152.6
Dec 1999147.8148.8
Nov 1999146.7148.8
Oct 1999144.9148.8
Sep 1999140.5145.1
Aug 1999137.1145.1
Jul 1999134.6145.1
Jun 1999133.6137.1
May 1999131.4137.1
Apr 1999129.6137.1
Mar 1999127.2131.5
Feb 1999126.1131.5
Jan 1999125.8131.5
Dec 1998126.2130.7
Nov 1998124.8130.7
Oct 1998123.9130.7
Sep 1998123.5131.3
Aug 1998124.2131.3
Jul 1998124.5131.3
Jun 1998123.1125.8
May 1998120.8125.8
Apr 1998118.2125.8
Mar 1998118.0119.5
Feb 1998117.4119.5
Jan 1998116.7119.5
Dec 1997114.8116.5
Nov 1997114.8116.5
Oct 1997113.6116.5
Sep 1997112.1117.4
Aug 1997111.5117.4
Jul 1997110.8117.4
Jun 1997109.9111.7
May 1997106.2111.7
Apr 1997104.4111.7
Mar 1997102.7109.5
Feb 1997104.6109.5
Jan 1997105.8109.5
Dec 1996105.3108.0
Nov 1996103.1108.0
Oct 1996101.2108.0
Sep 1996102.4106.2
Aug 1996102.3106.2
Jul 1996102.5106.2
Jun 1996100.7102.2
May 1996101.1102.2
Apr 1996100.0102.2
Mar 199699.9102.1
Feb 199698.9102.1
Jan 199699.3102.1
Dec 199599.1100.6
Nov 199599.1100.6
Oct 199598.2100.6
Sep 199599.6102.0
Aug 1995100.6102.0
Jul 1995101.9102.0
Jun 1995100.4101.1
May 199599.0101.1
Apr 199597.9101.1
Mar 199598.5100.0
Feb 199599.0100.0
Jan 1995100.0100.0

Every fall of 3% or more

From the peak to the lowest month after it, and how long prices took to get back.

PeakLowFallMonths fallingMonths to recover
July 1995October 1995−3.6%39
December 2000February 2001−3.0%23
October 2007April 2009−24.1%1862
August 2016October 2016−3.4%24
December 2017June 2020−5.4%307
November 2022April 2024−6.5%1711

The UK House Price Index goes back to 1968 for the UK, its nations and England's regions, to 1995 for councils in England and Wales, to 2004 in Scotland and to 2005 in Northern Ireland, where it is quarterly. A fall counts once prices drop 3% below a peak, and ends when they are back at it.

Other reports for Milton Keynes

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%

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%

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%