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Greenleys market report MK12 5, Milton Keynes
The MK12 5 (Greenleys) house price history in full, 1995 to 2026, in cash and in today's money. Everything below comes from 5,424 sales recorded by HM Land Registry in MK12 5 (Milton Keynes) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 32 registered 2026 sales put the MK12 5 (Milton Keynes) median at £312,500, up 11% on five years earlier, with a mean of £306,000, and by floor area homes here have averaged about £3,370 per square metre over the last five years. Everything rests on 5,424 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
MK12 5 is one sector of MK12 (Milton Keynes): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where MK12 5 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.
What a home in MK12 5 sells for
Across 32 registered 2026 sales, the typical (median) MK12 5 home went for £312,500. The mean is £306,000, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in MK12 5
A square metre of MK12 5 home has cost about £3,370 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
The national median for England and Wales is £285,000, which puts MK12 5 10% above the country at large.
MK12 5's median sold price, 1995 to 2026
Two lines: the median in the money of its day, and the same years restated by ONS CPIH into today's money, which is the truer test of getting dearer. Hover for exact figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £312,500 | £312,500 | 32 |
| 2025 | £320,000 | £327,652 | 132 |
| 2024 | £313,800 | £333,634 | 116 |
| 2023 | £303,500 | £333,472 | 120 |
| 2022 | £307,500 | £360,579 | 152 |
| 2021 | £282,800 | £358,061 | 208 |
| 2020 | £253,000 | £328,273 | 131 |
| 2019 | £256,000 | £335,555 | 155 |
| 2018 | £255,000 | £339,920 | 157 |
| 2017 | £245,000 | £334,155 | 193 |
| 2016 | £242,500 | £339,260 | 189 |
| 2015 | £195,500 | £276,242 | 160 |
| 2014 | £191,000 | £270,967 | 182 |
| 2013 | £180,000 | £259,002 | 270 |
| 2012 | £170,000 | £250,219 | 183 |
| 2011 | £155,000 | £233,990 | 148 |
| 2010 | £170,000 | £266,604 | 137 |
| 2009 | £159,400 | £256,237 | 164 |
| 2008 | £170,000 | £278,666 | 166 |
| 2007 | £177,000 | £300,241 | 280 |
| 2006 | £164,000 | £284,683 | 229 |
| 2005 | £151,800 | £270,143 | 154 |
| 2004 | £141,200 | £256,447 | 170 |
| 2003 | £129,000 | £237,649 | 215 |
| 2002 | £112,500 | £211,668 | 249 |
| 2001 | £86,000 | £165,331 | 161 |
| 2000 | £75,000 | £147,188 | 189 |
| 1999 | £64,000 | £127,549 | 175 |
| 1998 | £57,000 | £115,059 | 161 |
| 1997 | £50,000 | £102,540 | 169 |
| 1996 | £44,000 | £92,794 | 166 |
| 1995 | £43,000 | £93,475 | 111 |
In cash terms the typical MK12 5 home went from £43,000 in 1995 to £312,500 in 2026, roughly 7 times the price. Adjusted for inflation it still comes to a real rise of roughly 234%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2022, and today's median remains roughly 13% under it: a 2022 buyer is still waiting to get that price back in today's money.
Year-on-year change in the MK12 5 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 2002 (+30.8% on the year before); the weakest, 2011 (−8.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.3% | −4.6% |
| 5 years (since 2021) | +2.0% | −2.7% |
| 10 years (since 2016) | +2.6% | −0.8% |
| 20 years (since 2006) | +3.3% | +0.5% |
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.
Transaction volumes
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
MK12 5 recorded 32 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 206 sales a year before the financial crisis and 110 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.
What kind of market MK12 5 is
Only 32 sales completed here in the last twelve months of data, which makes MK12 5 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
The rental side of MK12 5
The local authority for MK12 5 is Milton Keynes, and its ONS average private rent currently stands at £1,336 a month (May 2026 figures). The spread runs from £972 a month for a typical one-bed to £2,080 at four-plus bedrooms, which is size doing most of the pricing.
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 £312,500 median sold price makes a gross yield of 5.1%. 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.
Common questions on MK12 5 (Greenleys)
Is MK12 5 (Greenleys) a good place to buy a house?
How much did a house sell for in MK12 5 (Greenleys)?
Are property prices falling in MK12 5 (Greenleys)?
Where do MK12 5 prices go next?
The record answers a different question than "what happens next": the median is up 11% over five years in cash but down 13% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
MK12's current homes for sale
The live side of the market holds 19 homes at the moment, listed by 3 agents publishing to HomesIndex.
These cover the whole MK12 district, not just MK12 5: live asking prices are collected per district.
16% of current listings sit under the prices comparable homes actually fetched. The comparison behind each listing uses recent recorded sales of similar homes close by.
- Empress Matilda Gardens, Old Wolverton, Milton Keynes
- Empress Matilda Gardens, Old Wolverto...
- Gloucester Road, Wolverton, Milton Ke...
"Under comparable sales" compares each asking price with what similar homes nearby actually sold for. It is a starting point for a conversation, not a valuation. Always look at the home itself.
See every MK12 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in MK
Real sold prices by size across the MK area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| 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%) | — | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the MK area is the point: the same five years treated these districts very differently.
Five-year change in the median, MK area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in MK12
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of MK12, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| MK12 6 | £267,500 | 10 |
Zoom out to the full MK12 district report for the type split, monthly volumes and how MK12 compares with its neighbours.
Before you sell in MK12 5: what the record supports
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at MK12 5's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim MK12 5.
Dig further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about MK12 5. Free, with a one click sign in.
Two maps carry on from here: every MK12 5 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.