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MK15 local market report Milton Keynes

Every figure on this page comes from the public record: 4,589 sales registered with HM Land Registry in MK15 (Milton Keynes) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.

Sales data to March 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.

MK15 is the postcode district covering Bolbeck Park, Downhead Park, Fox Milne in Milton Keynes. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.

Where MK15 sits

Click the map to open MK15 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.

MK10MK6MK14MK9MK7MK13MK5MK8MK12MK11MK19MK15
£322,500median sold price, 2026
+2%five-year change (cash)
80sales in the last 12 months
5.0%gross rental yield (est.)

What a home in MK15 sells for

The 2026 median in MK15 is £322,500, from 14 registered sales; the mean, £594,100, sits well above it, the signature of a heavy top tail: a handful of expensive sales lifting the average.

For scale: the England and Wales median is £274,000, so MK15 trades 18% above the country as a whole.

The price of a typical MK15 home, 1995 to 2026

The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.

Price at the timeIn today's money (CPIH)
£125k£250k£375k£500k1995200020052010201520202026 1995: £56,000 at the time · £118,892 in today's money · 169 sales1996: £60,000 at the time · £123,582 in today's money · 161 sales1997: £75,000 at the time · £150,218 in today's money · 209 sales1998: £70,000 at the time · £138,000 in today's money · 190 sales1999: £82,500 at the time · £160,578 in today's money · 205 sales2000: £90,000 at the time · £172,500 in today's money · 196 sales2001: £112,200 at the time · £210,661 in today's money · 214 sales2002: £130,000 at the time · £238,881 in today's money · 209 sales2003: £136,500 at the time · £245,593 in today's money · 164 sales2004: £160,000 at the time · £283,805 in today's money · 189 sales2005: £167,000 at the time · £290,252 in today's money · 151 sales2006: £180,000 at the time · £305,160 in today's money · 189 sales2007: £177,000 at the time · £293,229 in today's money · 270 sales2008: £182,200 at the time · £291,689 in today's money · 92 sales2009: £157,200 at the time · £246,799 in today's money · 116 sales2010: £185,600 at the time · £284,271 in today's money · 132 sales2011: £188,500 at the time · £277,917 in today's money · 106 sales2012: £211,500 at the time · £304,031 in today's money · 138 sales2013: £205,000 at the time · £288,086 in today's money · 119 sales2014: £225,000 at the time · £311,747 in today's money · 123 sales2015: £243,500 at the time · £336,030 in today's money · 120 sales2016: £258,000 at the time · £352,515 in today's money · 127 sales2017: £272,500 at the time · £362,983 in today's money · 120 sales2018: £285,200 at the time · £371,298 in today's money · 108 sales2019: £270,000 at the time · £345,640 in today's money · 137 sales2020: £300,000 at the time · £380,165 in today's money · 93 sales2021: £315,000 at the time · £389,516 in today's money · 129 sales2022: £347,500 at the time · £397,967 in today's money · 120 sales2023: £340,000 at the time · £364,852 in today's money · 84 sales2024: £360,000 at the time · £373,815 in today's money · 101 sales2025: £334,000 at the time · £334,000 in today's money · 94 sales2026: £322,500 at the time · £322,500 in today's money · 14 sales
See this chart as a table
YearMedian (cash)Median (today's £)Sales
2026£322,500£322,50014
2025£334,000£334,00094
2024£360,000£373,815101
2023£340,000£364,85284
2022£347,500£397,967120
2021£315,000£389,516129
2020£300,000£380,16593
2019£270,000£345,640137
2018£285,200£371,298108
2017£272,500£362,983120
2016£258,000£352,515127
2015£243,500£336,030120
2014£225,000£311,747123
2013£205,000£288,086119
2012£211,500£304,031138
2011£188,500£277,917106
2010£185,600£284,271132
2009£157,200£246,799116
2008£182,200£291,68992
2007£177,000£293,229270
2006£180,000£305,160189
2005£167,000£290,252151
2004£160,000£283,805189
2003£136,500£245,593164
2002£130,000£238,881209
2001£112,200£210,661214
2000£90,000£172,500196
1999£82,500£160,578205
1998£70,000£138,000190
1997£75,000£150,218209
1996£60,000£123,582161
1995£56,000£118,892169

In cash terms the typical MK15 home went from £56,000 in 1995 to £322,500 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 171%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 19% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.

Year-on-year change in the MK15 median

Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.

+50% -50% 0% 1996 · +7.1% on the year before1997 · +25.0% on the year before1998 · −6.7% on the year before1999 · +17.9% on the year before2000 · +9.1% on the year before2001 · +24.7% on the year before2002 · +15.9% on the year before2003 · +5.0% on the year before2004 · +17.2% on the year before2005 · +4.4% on the year before2006 · +7.8% on the year before2007 · −1.7% on the year before2008 · +2.9% on the year before2009 · −13.7% on the year before2010 · +18.1% on the year before2011 · +1.6% on the year before2012 · +12.2% on the year before2013 · −3.1% on the year before2014 · +9.8% on the year before2015 · +8.2% on the year before2016 · +6.0% on the year before2017 · +5.6% on the year before2018 · +4.7% on the year before2019 · −5.3% on the year before2020 · +11.1% on the year before2021 · +5.0% on the year before2022 · +10.3% on the year before2023 · −2.2% on the year before2024 · +5.9% on the year before2025 · −7.2% on the year before2026 · −3.4% on the year before200020052010201520202026

The strongest year on record here is 1997 (+25.0% on the year before); the weakest, 2009 (−13.7%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Annualised returns

PeriodCash, per yearReal terms, per year
1 years (since 2025)−3.4%−3.4%
5 years (since 2021)+0.5%−3.7%
10 years (since 2016)+2.3%−0.9%
20 years (since 2006)+3.0%+0.3%

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

How many homes change hands

Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.

250500 1995: 169 sales1996: 161 sales1997: 209 sales1998: 190 sales1999: 205 sales2000: 196 sales2001: 214 sales2002: 209 sales2003: 164 sales2004: 189 sales2005: 151 sales2006: 189 sales2007: 270 sales2008: 92 sales2009: 116 sales2010: 132 sales2011: 106 sales2012: 138 sales2013: 119 sales2014: 123 sales2015: 120 sales2016: 127 sales2017: 120 sales2018: 108 sales2019: 137 sales2020: 93 sales2021: 129 sales2022: 120 sales2023: 84 sales2024: 101 sales2025: 94 sales2026: 14 sales1995200020052010201520202026

The last five years, month by month

Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.

1325 February 2021 · 21 sales registeredMarch 2021 · 14 sales registeredApril 2021 · 15 sales registeredMay 2021 · 5 sales registeredJune 2021 · 22 sales registeredJuly 2021 · 11 sales registeredAugust 2021 · 7 sales registeredSeptember 2021 · 6 sales registeredOctober 2021 · 4 sales registeredNovember 2021 · 6 sales registeredDecember 2021 · 10 sales registeredJanuary 2022 · 9 sales registeredFebruary 2022 · 7 sales registeredMarch 2022 · 15 sales registeredApril 2022 · 7 sales registeredMay 2022 · 9 sales registeredJune 2022 · 8 sales registeredJuly 2022 · 5 sales registeredAugust 2022 · 14 sales registeredSeptember 2022 · 10 sales registeredOctober 2022 · 13 sales registeredNovember 2022 · 9 sales registeredDecember 2022 · 14 sales registeredJanuary 2023 · 4 sales registeredFebruary 2023 · 8 sales registeredMarch 2023 · 5 sales registeredApril 2023 · 9 sales registeredMay 2023 · 7 sales registeredJune 2023 · 7 sales registeredJuly 2023 · 5 sales registeredAugust 2023 · 11 sales registeredSeptember 2023 · 6 sales registeredOctober 2023 · 10 sales registeredNovember 2023 · 4 sales registeredDecember 2023 · 8 sales registeredFebruary 2024 · 7 sales registeredMarch 2024 · 3 sales registeredApril 2024 · 7 sales registeredMay 2024 · 9 sales registeredJune 2024 · 12 sales registeredJuly 2024 · 7 sales registeredAugust 2024 · 12 sales registeredSeptember 2024 · 15 sales registeredOctober 2024 · 10 sales registeredNovember 2024 · 9 sales registeredDecember 2024 · 8 sales registeredJanuary 2025 · 6 sales registeredFebruary 2025 · 17 sales registeredMarch 2025 · 14 sales registeredApril 2025 · 3 sales registeredMay 2025 · 10 sales registeredJune 2025 · 7 sales registeredJuly 2025 · 5 sales registeredAugust 2025 · 7 sales registeredSeptember 2025 · 4 sales registeredOctober 2025 · 7 sales registeredNovember 2025 · 10 sales registeredDecember 2025 · 4 sales registeredFebruary 2026 · 3 sales registeredMarch 2026 · 6 sales registered

MK15 recorded 80 sales in the last twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 198 sales a year before the financial crisis and 83 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.

What homes rent for around MK15

MK15 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 bed: £972 a month£9721 bed2 bed: £1,210 a month£1,2102 bed3 bed: £1,442 a month£1,4423 bed4+ bed: £2,080 a month£2,0804+ bed

Set against the £322,500 median sold price, £1,336 a month is £16,032 a year, a gross yield of 5.0%: 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.

Will MK15 prices rise from here?

Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 17% 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.

Ladders and snakes: five-year risers and fallers

MK15 ranks 17 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

The biggest risers and fallers in cash terms; every row links to that district's report.

MK1MK1 · +113% over five years · median £405,000+113%MK3MK3 · +20% over five years · median £340,000+20%MK42MK42 · +19% over five years · median £315,000+19%MK40MK40 · +17% over five years · median £326,200+17%MK14MK14 · +15% over five years · median £315,000+15%MK15MK15 · +2% over five years · median £322,500+2%MK11MK11 · −3% over five years · median £320,000−3%MK16MK16 · −3% over five years · median £310,000−3%MK44MK44 · −11% over five years · median £382,500−11%MK8MK8 · −12% over five years · median £307,500−12%MK9MK9 · −36% over five years · median £150,000−36%

Inside MK15, street group by street group

Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.

SectorMedian (latest)Sales that year
MK15 0£650,00017
MK15 8£315,00021
MK15 9£340,0009

How MK15 compares nearby

Same city, different markets. The neighbouring districts of the MK area, dearest first:

DistrictMedian5-year
MK17£410,000+4%
MK1£405,000+113%
MK45£400,000+9%
MK5£395,000+7%
MK46£395,000-2%
MK44£382,500-11%
MK19£375,000+3%
MK43£375,000+7%
MK18£370,000+3%
MK10£350,000+0%
MK4£345,000+6%
MK3£340,000+20%
MK41£335,100+12%
MK40£326,200+17%
MK15 (this report)£322,500+2%
MK11£320,000-3%
MK14£315,000+15%
MK42£315,000+19%
MK16£310,000-3%
MK8£307,500-12%
MK13£287,500+14%
MK7£277,500-1%
MK12£267,500+1%
MK2£258,500+3%

Dig further

See every individual MK15 sale on the live map, mapped to the exact address, or the quick-reference MK15 price page. 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.

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.