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Brickfields market report MK2 3, Milton Keynes
The MK2 3 (Brickfields) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 2,982 sales registered with HM Land Registry in MK2 3 (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 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
In short: a typical MK2 3 (Milton Keynes) home changed hands for £255,000 in 2026 (median of 23 registered sales, up 4% on five years earlier), with the mean at £271,800, and by floor area homes here have averaged about £3,310 per square metre over the last five years. Source: 2,982 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
MK2 3 is a postcode sector: one group of streets inside MK2 (Milton Keynes). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where MK2 3 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.
Today's MK2 3 prices, from the sold record
The 2026 median for MK2 3 is £255,000, taken from 23 registered sales. The mean, which is what most sites call the "average house price", is £271,800, a little above it, the familiar pattern where pricier homes stretch the average.
House prices per square metre in MK2 3
Averaged across five years of sales, floor space in MK2 3 costs about £3,310 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.
For scale: the England and Wales median is £285,000, so MK2 3 trades 11% below the country as a whole.
A typical MK2 3 home, priced year by year (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 | £255,000 | £255,000 | 23 |
| 2025 | £294,500 | £301,542 | 50 |
| 2024 | £247,200 | £262,824 | 52 |
| 2023 | £264,200 | £290,291 | 60 |
| 2022 | £267,200 | £313,322 | 72 |
| 2021 | £245,000 | £310,202 | 64 |
| 2020 | £239,800 | £311,145 | 42 |
| 2019 | £190,000 | £249,045 | 48 |
| 2018 | £200,000 | £266,604 | 72 |
| 2017 | £190,000 | £259,141 | 64 |
| 2016 | £176,500 | £246,925 | 85 |
| 2015 | £140,000 | £197,820 | 106 |
| 2014 | £125,000 | £177,334 | 78 |
| 2013 | £120,500 | £173,387 | 78 |
| 2012 | £121,000 | £178,097 | 45 |
| 2011 | £110,000 | £166,058 | 53 |
| 2010 | £132,500 | £207,794 | 58 |
| 2009 | £145,000 | £233,089 | 78 |
| 2008 | £120,000 | £196,705 | 98 |
| 2007 | £126,500 | £214,579 | 202 |
| 2006 | £109,000 | £189,210 | 143 |
| 2005 | £105,000 | £186,858 | 139 |
| 2004 | £98,500 | £178,895 | 146 |
| 2003 | £83,000 | £152,906 | 180 |
| 2002 | £65,000 | £122,297 | 174 |
| 2001 | £56,000 | £107,657 | 147 |
| 2000 | £45,000 | £88,313 | 128 |
| 1999 | £40,000 | £79,718 | 126 |
| 1998 | £35,000 | £70,650 | 113 |
| 1997 | £33,500 | £68,702 | 102 |
| 1996 | £34,500 | £72,759 | 81 |
| 1995 | £28,000 | £60,868 | 75 |
In cash terms the typical MK2 3 home went from £28,000 in 1995 to £255,000 in 2026, roughly 9 times the price. Even after inflation that is a real rise of about 319%: homes here genuinely became dearer, not merely 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 MK2 3 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 2003 (+27.7% on the year before); the weakest, 2011 (−17.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −13.4% | −15.4% |
| 5 years (since 2021) | +0.8% | −3.8% |
| 10 years (since 2016) | +3.7% | +0.3% |
| 20 years (since 2006) | +4.3% | +1.5% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
Sales activity in MK2 3
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 23 sales completed in MK2 3. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 157 sales a year before the financial crisis and 51 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.
The rental side of MK2 3
The local authority for MK2 3 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.
Set against the £255,000 median sold price, £1,336 a month is £16,032 a year, a gross yield of 6.3%: 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.
The shape of the MK2 3 market
Only 23 sales completed here in the last twelve months of data, which makes MK2 3 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint. The record here is jumpy: year-on-year moves of ten per cent or more are common in the chart above, mostly a function of which homes happened to sell rather than the market lurching. Within MK2, this sector trades 12% below the district median: one of its district's cheaper corners.
What people ask about MK2 3 (Brickfields)
How much did a house sell for in MK2 3 (Brickfields)?
Are property prices falling in MK2 3 (Brickfields)?
Is MK2 3 (Brickfields) a good place to buy a house?
Where do MK2 3 prices go next?
Prediction is not this page's business. Its business is the record, which says: the median is up 4% over five years in cash but down 18% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
On the market in MK2 today
The live side of the market holds 29 homes at the moment, listed by 4 agents publishing to HomesIndex.
These cover the whole MK2 district, not just MK2 3: live asking prices are collected per district.
7% of what is on the market here is asking below what comparable homes actually sold for. Every listing is measured against recent recorded sales of similar nearby homes.
The "under comparable sales" label measures each asking price against real nearby sales of similar homes: an opening position for a conversation rather than a valuation. The home itself still needs looking at.
See every MK2 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.
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. 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
The spread across the MK area is the point: the same five years treated these districts very differently.
MK area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Other sectors in MK2
A few minutes' walk can separate two very different markets. Here are MK2's other sectors, each with its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| MK2 2 | £297,500 | 36 |
Zoom out to the full MK2 district report for the type split, monthly volumes and how MK2 compares with its neighbours.
Selling in MK2 3? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at MK2 3'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.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim MK2 3.
Go deeper
Behind the answers sits the same Land Registry record as this page, with MK2 3 already set as the subject. Free, one click sign in.
The live map plots every individual MK2 3 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator 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.