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Denbigh market report MK1, Milton Keynes
The standing MK1 (Denbigh) property market report, rebuilt from the full public record every month. This page is built from the public record and nothing else: 314 completed sales registered with HM Land Registry in MK1 (Milton Keynes) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: 1 registered 2026 sales put the MK1 (Milton Keynes) median at £405,000, up 17% on five years earlier, with a mean of £405,000, and by floor area homes here have averaged about £3,700 per square metre over the last five years. Everything rests on 314 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
The postcode district MK1 covering Denbigh, Mount Farm sits in Milton Keynes. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.
Where MK1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
The going rate for a home in MK1
In the MK1 property market, the 2026 median sale price is £405,000, from 1 registered sales; the mean, the "average house price" most sites quote, is £405,000, sitting practically level with it: prices here bunch tightly around the middle.
Price per square metre in MK1
Per square metre, MK1 homes have averaged around £3,700 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
The national median for England and Wales is £285,000, which puts MK1 42% above the country at large.
MK1's median sold price, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £405,000 | £405,000 | 1 |
| 2025 | £366,200 | £374,957 | 8 |
| 2024 | £335,000 | £356,174 | 2 |
| 2023 | £483,500 | £531,248 | 4 |
| 2022 | £340,000 | £398,689 | 8 |
| 2021 | £345,000 | £436,815 | 9 |
| 2020 | £316,000 | £410,017 | 5 |
| 2019 | £274,200 | £359,411 | 6 |
| 2018 | £310,000 | £413,236 | 10 |
| 2017 | £320,000 | £436,448 | 7 |
| 2016 | £237,500 | £332,265 | 8 |
| 2015 | £250,000 | £353,250 | 11 |
| 2014 | £192,500 | £273,095 | 6 |
| 2013 | £183,000 | £263,319 | 7 |
| 2012 | £188,000 | £276,713 | 8 |
| 2011 | £183,000 | £276,260 | 4 |
| 2010 | £175,000 | £274,445 | 3 |
| 2009 | £166,500 | £267,650 | 8 |
| 2008 | £170,000 | £278,666 | 9 |
| 2007 | £222,000 | £376,574 | 8 |
| 2006 | £197,500 | £342,835 | 18 |
| 2005 | £167,500 | £298,082 | 18 |
| 2004 | £157,500 | £286,051 | 18 |
| 2003 | £52,000 | £95,797 | 19 |
| 2002 | £42,000 | £79,023 | 19 |
| 2001 | £83,500 | £160,524 | 20 |
| 2000 | £49,500 | £97,144 | 14 |
| 1999 | £61,500 | £122,566 | 18 |
| 1998 | £66,500 | £134,235 | 8 |
| 1997 | £55,500 | £113,819 | 12 |
| 1996 | £55,000 | £115,993 | 11 |
| 1995 | £32,000 | £69,563 | 7 |
In cash terms the typical MK1 home went from £32,000 in 1995 to £405,000 in 2026, roughly 13 times the price. Inflation explains only part of it: in today's money the rise is still about 482%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2023. The market now sits about 24% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the MK1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2004 (+202.9% on the year before); the weakest, 2002 (−49.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of semi-detached homes dominate the record here, 51% of the typed total. In 2002, the last year both were recorded here, a detached home traded at £185,000 against £40,000 for a flat, 4.6 times the price.
Median by property type, MK1
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £345,000 (2018) | – | 38 |
| Semi-detached | £345,000 (2021) | – | 75 |
| Flats | £45,000 (2003) | – | 34 |
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +10.6% | +8.0% |
| 5 years (since 2021) | +3.3% | −1.5% |
| 10 years (since 2016) | +5.5% | +2.0% |
| 20 years (since 2006) | +3.7% | +0.8% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
Sales activity in MK1
How many homes change hands
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
The register shows 13 MK1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 17 sales a year before the financial crisis and 5 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
The rental side of MK1
MK1 falls under Milton Keynes, where the ONS puts the average private rent at £1,336 a month (May 2026 figures). A one-bed averages £972 a month here and a four-or-more-bed £2,080, so size does most of the work in setting the rent.
Average monthly rent by size, Milton Keynes
ONS Price Index of Private Rents, May 2026.
£1,336 a month is £16,032 a year, which against the £405,000 median sold price makes a gross yield of 4.0%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
The shape of the MK1 market
Only 13 sales completed here in the last twelve months of data, which makes MK1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. Expect volatility in the annual figures: swings past ten per cent show up repeatedly above, and they usually reflect the mix of homes sold in a given year rather than genuine repricing. MK1 sits 3 of 26 in its area's price order, well inside the expensive end.
Asked and answered: MK1 (Denbigh)
Are property prices falling in MK1 (Denbigh)?
Is MK1 (Denbigh) a good place to buy a house?
How much did a house sell for in MK1 (Denbigh)?
Are MK1 prices heading up or down?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 17% over five years in cash but down 7% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
The price of an extra bedroom in MK
What homes of each size actually sold for across the MK area, from the Land Registry record. How much a size step costs is a local fact: the third-bedroom premium runs from about a quarter to nearly four fifths depending on the area, and national rules of thumb miss it.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £367,500 | £495,000 (+35%) | £675,000 (+36%) | £910,000 (+35%) |
| Semi-detached | £270,000 | £320,000 (+19%) | £375,000 (+17%) | £470,000 (+25%) | £630,000 (+34%) |
| Terraced | £245,000 | £285,000 (+16%) | £330,000 (+16%) | £400,000 (+21%) | £580,000 (+45%) |
| Flat | £160,000 | £225,000 (+41%) | £307,500 (+37%) | — | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
MK1 ranks 3 of 26 in the MK area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Winners and losers across the MK area, five years
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside MK1, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| MK1 1 | £405,000 | 1 |
How MK1 compares nearby
Same city, different markets. The neighbouring districts of the MK area, dearest first:
| District | Median | 5-year |
|---|---|---|
| MK44 | £425,000 | -1% |
| MK17 | £420,000 | +6% |
| MK1 (this report) | £405,000 | +17% |
| MK46 | £405,000 | +1% |
| MK5 | £400,000 | +7% |
| MK45 | £397,500 | +6% |
| MK43 | £389,500 | +11% |
| MK19 | £387,500 | +5% |
| MK18 | £370,000 | +1% |
| MK10 | £357,500 | +2% |
| MK3 | £349,000 | +18% |
| MK4 | £347,500 | +2% |
| MK8 | £345,000 | -5% |
| MK41 | £340,000 | +11% |
| MK16 | £339,000 | +3% |
| MK40 | £327,500 | +11% |
| MK11 | £325,000 | -4% |
| MK14 | £325,000 | +10% |
| MK15 | £325,000 | +1% |
| MK42 | £319,500 | +18% |
| MK7 | £310,000 | +5% |
| MK12 | £295,000 | +10% |
| MK13 | £291,000 | +13% |
| MK2 | £290,000 | +12% |
Before you sell in MK1: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in MK1, use the average prices map for a rough value: zoom from MK1's shading down to the sold homes on your own street. The figures above are every recorded MK1 sale; agents price with this same Land Registry record, and now you have it too.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim MK1.
Dig further
Behind the answers sits the same Land Registry record as this page, with MK1 already set as the subject. Free, one click sign in.
See every individual MK1 sale on the live map, mapped to the exact address, or zoom the average prices map from neighbourhood shading down to single homes. The report tool writes a custom answer to a specific question, and the mortgage and rent calculator on any sale runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.