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Greenleys market report MK12, Milton Keynes
The MK12 (Greenleys) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 7,092 HM Land Registry entries for MK12 (Milton Keynes), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales data to July 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: the middle 2026 sale in MK12 (Milton Keynes) came in at £295,000, out of 42 registered, up 10% on five years earlier, and the mean stands at £296,400, and by floor area homes here have averaged about £3,350 per square metre over the last five years. The record behind it is 7,092 completed sales lodged with HM Land Registry since 1995, monthly refreshed, with no valuations or asking prices anywhere in the figures.
MK12 is a postcode district covering Greenleys, Hodge Lea, Old Wolverton in Milton Keynes. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where MK12 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 MK12
Across 42 registered 2026 sales, the typical (median) MK12 home went for £295,000. The mean is £296,400, almost on top of it, so sales bunch tightly around the typical price.
Price per square metre in MK12
Averaged across five years of sales, floor space in MK12 costs about £3,350 per square metre. Each sale's Energy Performance Certificate supplies the floor area, and pricing by the metre is what lets flats and houses share one scale.
Against a national (England and Wales) median of £285,000, MK12 runs 4% above it.
The price of a typical MK12 home, 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 | £295,000 | £295,000 | 42 |
| 2025 | £320,000 | £327,652 | 167 |
| 2024 | £300,000 | £318,962 | 144 |
| 2023 | £284,500 | £312,596 | 166 |
| 2022 | £300,000 | £351,784 | 185 |
| 2021 | £268,000 | £339,323 | 258 |
| 2020 | £249,000 | £323,083 | 148 |
| 2019 | £245,000 | £321,136 | 182 |
| 2018 | £246,000 | £327,923 | 190 |
| 2017 | £240,000 | £327,336 | 229 |
| 2016 | £235,000 | £328,767 | 233 |
| 2015 | £190,000 | £268,470 | 198 |
| 2014 | £182,600 | £259,050 | 238 |
| 2013 | £172,500 | £248,210 | 303 |
| 2012 | £161,800 | £238,149 | 214 |
| 2011 | £152,000 | £229,462 | 178 |
| 2010 | £164,500 | £257,978 | 168 |
| 2009 | £155,000 | £249,164 | 190 |
| 2008 | £162,000 | £265,552 | 205 |
| 2007 | £167,000 | £283,279 | 393 |
| 2006 | £155,000 | £269,060 | 342 |
| 2005 | £145,600 | £259,109 | 229 |
| 2004 | £133,500 | £242,462 | 255 |
| 2003 | £125,000 | £230,280 | 287 |
| 2002 | £104,200 | £196,051 | 334 |
| 2001 | £83,200 | £159,948 | 240 |
| 2000 | £70,000 | £137,375 | 270 |
| 1999 | £59,000 | £117,584 | 249 |
| 1998 | £54,200 | £109,407 | 222 |
| 1997 | £46,500 | £95,362 | 247 |
| 1996 | £41,000 | £86,467 | 230 |
| 1995 | £40,000 | £86,954 | 156 |
In cash terms the typical MK12 home went from £40,000 in 1995 to £295,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 239%: homes here genuinely became dearer, not merely more expensive on paper. In inflation-adjusted terms the high-water mark was 2022. The market now sits about 16% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the MK12 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 (+25.2% on the year before); the weakest, 2026 (−7.8%). 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) | −7.8% | −10.0% |
| 5 years (since 2021) | +1.9% | −2.8% |
| 10 years (since 2016) | +2.3% | −1.1% |
| 20 years (since 2006) | +3.3% | +0.5% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 58% of the typed total. In 2025, the last year both were recorded here, a detached home traded at £397,500 against £190,000 for a flat, 2.1 times the price.
Median by property type, MK12
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 | £397,500 (2025) | – | 521 |
| Semi-detached | £370,000 | 5 | 1,603 |
| Terraced | £300,000 | 28 | 4,093 |
| Flats | £195,000 | 7 | 870 |
The turnover behind the prices
Sales per year, counted
Each bar is a year's recorded sales. 2008's dip is the financial crisis, and the newest bar always grows for a while as late registrations arrive.
The monthly pulse, last five years
Sales as they reached the register each month. Expect the seasonal sawtooth, and discount the newest months while late entries land.
Over the last twelve months of data, 115 sales completed in MK12. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 294 sales a year before the financial crisis and 141 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market MK12 is
Only 115 sales completed here in the last twelve months of data, which makes MK12 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. In its area's price order MK12 comes 22 of 26, towards the cheaper end of the table.
Rents around MK12
For renting purposes MK12 sits in Milton Keynes. The ONS average private rent there is £1,336 a month (May 2026). 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.
Set against the £295,000 median sold price, £1,336 a month is £16,032 a year, a gross yield of 5.4%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Common questions on MK12 (Greenleys)
Is MK12 (Greenleys) a good place to buy a house?
How much did a house sell for in MK12 (Greenleys)?
Are property prices falling in MK12 (Greenleys)?
Will MK12 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is up 10% over five years in cash but down 13% 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.
What you could buy in MK12 now
Everything above is what homes in MK12 sold for. This is what you could actually buy today: 19 homes currently on the market from 3 agents publishing to HomesIndex, at a typical asking price 5% below the MK12 median sold price.
16% of current listings sit under the prices comparable homes actually fetched. Each listing is compared with recent recorded sales of similar homes nearby.
- Empress Matilda Gardens, Old Wolverton, Milton Keynes
- Empress Matilda Gardens, Old Wolverto...
- Gloucester Road, Wolverton, Milton Ke...
"Under comparable sales" means the asking price sits below what similar homes nearby actually fetched. Treat it as the start of a conversation, never a valuation, and always view the home.
See every MK12 home for sale on the map →
Live asking prices from estate agents who publish a feed to HomesIndex, refreshed every Monday and Thursday: a sample of the market, not every home for sale. Asking prices are not sale prices.
Moving up a bedroom in MK: the cost
What homes of each size actually sold for across the MK area, from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
MK12 ranks 11 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.
Five-year change in the median, MK area districts
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside MK12, sector by sector
The next slice down is the postcode sector: a group of streets, each with its own report. Two sectors a short walk apart can trade at sharply different prices.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| MK12 5 | £312,500 | 32 |
| MK12 6 | £267,500 | 10 |
How MK12 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 | £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 (this report) | £295,000 | +10% |
| MK13 | £291,000 | +13% |
| MK2 | £290,000 | +12% |
Thinking of selling in MK12? Get a rough value first
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in MK12, use the average prices map for a rough value: zoom from MK12's shading down to the sold homes on your own street. The figures above are every recorded MK12 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim MK12.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about MK12. Free, with a one click sign in.
See every individual MK12 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.