Local market reports › MK area › MK4 › MK4 1

Emerson Valley market report MK4 1, Milton Keynes

The MK4 1 (Emerson Valley) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 3,467 HM Land Registry entries for MK4 1 (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 recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.

In short: the 2026 median for MK4 1 (Milton Keynes) is £325,100, from 25 registered sales, down 11% on five years earlier; the mean is £346,200, and by floor area homes here have averaged about £3,890 per square metre over the last five years. Behind the figures sit 3,467 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.

MK4 1 is one sector of MK4 (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.

Today's MK4 1 prices, from the sold record

The 2026 median for MK4 1 is £325,100, taken from 25 registered sales. The mean, which is what most sites call the "average house price", is £346,200, modestly above it, the usual shape of a market with an expensive tail.

House prices per square metre in MK4 1

The last five years of sales put MK4 1 at roughly £3,890 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.

Set against the £285,000 England and Wales median, MK4 1 sits 14% above the national market.

In cash terms the typical MK4 1 home went from £79,200 in 1995 to £325,100 in 2026, roughly 4 times the price. Even after inflation that is a real rise of about 89%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 30% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.

The strongest year on record here is 2015 (+27.6% on the year before); the weakest, 1996 (−29.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.

Growth per year, over one to twenty years

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 register shows 25 MK4 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 172 sales a year before the financial crisis and 47 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 MK4 1

MK4 1 falls under Milton Keynes, where the ONS puts the average private rent at £1,336 a month (May 2026 figures). Size sets most of the rent: one-beds average £972 a month here against £2,080 for four or more bedrooms.

Against the £325,100 median purchase price, a rent of £1,336 a month (£16,032 a year) works out at a 4.9% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.

How MK4 1 trades

Only 25 sales completed here in the last twelve months of data, which makes MK4 1 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.

Common questions on MK4 1 (Emerson Valley)

Where do MK4 1 prices go next?

Prediction is not this page's business. Its business is the record, which says: the median is down 11% over five years in cash but down 30% 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 MK4 now

Moving up a bedroom in MK: the cost

The risers and the fallers

The spread across the MK area is the point: the same five years treated these districts very differently.

Other sectors in MK4

A few minutes' walk can separate two very different markets. Here are MK4's other sectors, each with its own report:

Zoom out to the full MK4 district report for the type split, monthly volumes and how MK4 compares with its neighbours.

Selling in MK4 1? Start from the sold record

Dig further

The AI answers from the same Land Registry data this report is built on, already scoped to MK4 1. Free after a one click sign in.

Two maps carry on from here: every MK4 1 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.