Local market reports › MK area › MK2
Brickfields market report MK2, Milton Keynes
The standing MK2 (Brickfields) property market report, rebuilt from the full public record every month. Everything below comes from 7,189 sales recorded by HM Land Registry in MK2 (Milton Keynes) since 1995, real completion prices from real purchases, alongside the ONS's current rent figures. No valuations, no estimates, no asking prices.
Covers registered sales to August 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register. Page updated 19 October 2026.
In short: the typical home in MK2 (Milton Keynes) sold for £271,500 in 2026, the median of 70 registered sales, up 4% on five years earlier. The mean was £269,700, and by floor area homes here have averaged about £3,240 per square metre over the last five years. The figures cover 7,189 sales recorded by HM Land Registry since 1995 and refresh with each monthly release: completed sale prices, not valuations or asking prices.
The postcode district MK2 covering Brickfields, Central Bletchley, Fenny Stratford 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 MK2 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.
MK2 sold prices: where the market stands
Take the 70 registered 2026 sales in MK2 and the middle price, the median, is £271,500. The mean lands at £269,700, practically level with it: prices here bunch tightly around the middle.
Price per square metre in MK2
Per square metre, MK2 homes have averaged around £3,240 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.
Set against the £285,000 England and Wales median, MK2 sits 5% below the national market.
A typical MK2 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £271,500 | £271,500 | 70 |
| 2025 | £297,000 | £304,102 | 143 |
| 2024 | £230,000 | £244,537 | 137 |
| 2023 | £265,000 | £291,170 | 158 |
| 2022 | £275,000 | £322,469 | 167 |
| 2021 | £260,000 | £329,194 | 215 |
| 2020 | £235,000 | £304,917 | 127 |
| 2019 | £212,000 | £277,881 | 142 |
| 2018 | £228,000 | £303,928 | 264 |
| 2017 | £220,000 | £300,058 | 244 |
| 2016 | £196,000 | £274,206 | 223 |
| 2015 | £172,500 | £243,743 | 283 |
| 2014 | £154,800 | £219,611 | 224 |
| 2013 | £139,000 | £200,007 | 241 |
| 2012 | £135,000 | £198,703 | 205 |
| 2011 | £140,000 | £211,346 | 156 |
| 2010 | £145,000 | £227,397 | 158 |
| 2009 | £130,000 | £208,976 | 251 |
| 2008 | £132,500 | £217,195 | 286 |
| 2007 | £160,500 | £272,253 | 514 |
| 2006 | £138,000 | £239,550 | 289 |
| 2005 | £120,000 | £213,552 | 272 |
| 2004 | £118,800 | £215,764 | 269 |
| 2003 | £99,500 | £183,303 | 290 |
| 2002 | £80,500 | £151,460 | 305 |
| 2001 | £73,000 | £140,339 | 285 |
| 2000 | £61,000 | £119,713 | 253 |
| 1999 | £51,700 | £103,035 | 264 |
| 1998 | £47,200 | £95,277 | 224 |
| 1997 | £44,200 | £90,645 | 208 |
| 1996 | £40,000 | £84,358 | 172 |
| 1995 | £35,000 | £76,085 | 150 |
In cash terms the typical MK2 home went from £35,000 in 1995 to £271,500 in 2026, roughly 8 times the price. Adjusted for inflation it still comes to a real rise of roughly 257%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2021, and today's median remains roughly 18% under it: a 2021 buyer is still waiting to get that price back in today's money.
Year-on-year change in the MK2 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 2025 (+29.1% on the year before); the weakest, 2008 (−17.4%). 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 terraced homes dominate the record here, 42% of the typed total. A detached home currently trades at £355,000 against £166,500 for a flat, 2.1 times the price.
Median by property type, MK2
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 | £355,000 | 7 | 682 |
| Semi-detached | £315,000 | 21 | 1,939 |
| Terraced | £250,000 | 27 | 3,052 |
| Flats | £166,500 | 15 | 1,516 |
What MK2 has returned, per year
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 year (since 2025) | −8.6% | −10.7% |
| 5 years (since 2021) | +0.9% | −3.8% |
| 6 years (since 2020) | +2.4% | −1.9% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +3.4% | +0.6% |
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.
The turnover behind the prices
How many homes change hands
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 last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
Over the last twelve months of data, 123 sales completed in MK2. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 310 sales a year before the financial crisis and 135 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.
The rental side of MK2
For renting purposes MK2 sits in Milton Keynes. The ONS average private rent there is £1,336 a month (May 2026). 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 £271,500 median sold price makes a gross yield of 5.9%. 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.
How MK2 trades
This is a thin market: 123 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict. 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. Among the 26 measurable districts of its area, MK2 ranks 25 by median price: towards the affordable end.
Asked and answered: MK2 (Brickfields)
How much did a house sell for in MK2 (Brickfields)?
Are property prices falling in MK2 (Brickfields)?
Is MK2 (Brickfields) a good place to buy a house?
Where do MK2 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.
What you could buy in MK2 now
Everything above is what homes in MK2 sold for. The live side of the market holds 2 homes at the moment, listed by 2 agents publishing to HomesIndex, at a typical asking price 31% below the MK2 median sold price.
0% of what is on the market here is asking below what comparable homes actually sold for. Each listing is compared with recent recorded sales of similar homes nearby.
See every MK2 home for sale on the map →
Refreshed every Monday and Thursday from agents' own feeds to HomesIndex, so a sample of the market rather than all of it. An asking price remains an ask, not a sale.
Month by month: when MK2 sells
March is when MK2 changes hands most (11.3% of the 820 sales dated 2021 to 2025); April is the quiet end at 5.7%. That is a marked seasonal rhythm. A sale completes weeks after it is agreed, so the busy month reflects deals struck earlier in the year; a seller who wants competition should be on the market ahead of it.
Sales by month, 2021 to 2025
| Month | Sales | Share |
|---|---|---|
| January | 60 | 7.3% |
| February | 66 | 8.0% |
| March | 93 | 11.3% |
| April | 47 | 5.7% |
| May | 61 | 7.4% |
| June | 71 | 8.7% |
| July | 67 | 8.2% |
| August | 54 | 6.6% |
| September | 79 | 9.6% |
| October | 70 | 8.5% |
| November | 84 | 10.2% |
| December | 68 | 8.3% |
What another bedroom costs in MK
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 | £309,995 | £366,000 (+18%) | £425,000 (+16%) | £525,000 (+24%) | £650,000 (+24%) |
| Semi-detached | £260,000 | £300,000 (+15%) | £345,000 (+15%) | £400,000 (+16%) | £490,000 (+23%) |
| Terraced | £238,250 | £277,000 (+16%) | £295,000 (+6%) | £357,250 (+21%) | £420,000 (+18%) |
| Flat | £145,000 | £200,000 (+38%) | £240,000 (+20%) | £287,500 (+20%) | £410,000 (+43%) |
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
MK2 ranks 16 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 MK2, sector by sector
Below district level sit the sectors, street groups with reports of their own, and the gaps between neighbouring ones can be sharp.
How MK2 compares nearby
Same city, different markets. The dearest districts of the MK area, and MK2 itself, which ranks 25 of 26 by median price:
| District | Median | 5-year |
|---|---|---|
| MK5 | £435,000 | +16% |
| MK44 | £425,000 | -1% |
| MK1 | £405,000 | +17% |
| MK17 | £405,000 | +3% |
| MK46 | £400,000 | +0% |
| MK45 | £395,000 | +5% |
| MK43 | £390,000 | +11% |
| MK19 | £387,500 | +5% |
| MK18 | £370,000 | +1% |
| MK8 | £355,000 | -3% |
| MK10 | £352,500 | +1% |
| MK4 | £347,500 | +2% |
| MK41 | £345,000 | +13% |
| MK3 | £340,000 | +15% |
| MK15 | £337,500 | +5% |
| MK16 | £335,000 | +2% |
| MK40 | £335,000 | +14% |
| MK14 | £325,000 | +10% |
| MK11 | £322,000 | -5% |
| MK42 | £316,000 | +17% |
| MK7 | £315,000 | +7% |
| MK13 | £296,500 | +15% |
| MK12 | £295,000 | +10% |
| MK2 (this report) | £271,500 | +4% |
Selling in MK2? Start from the sold record
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in MK2, open the average prices map and zoom from the MK2 shading down to the sold homes on your own street. Every recorded MK2 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Keep digging
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about MK2. Free, with a one click sign in.
See every individual MK2 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.