What is the median house price in MK16?

Homes in MK16 sold for a median £380,876 over the 12 months to Apr 2026, 182 sales. Per square metre that is £4,129/m². Registered completions, not asking prices.

What is the average rent in MK16?

Homes to let in MK16 asked a median £1,328 a month over the 12 months to Jul 2026, 110 lets. Asking rent, not the rent agreed.

What is the gross rental yield in MK16?

3.9% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 179 lets. +1.3% on the previous 12 months.

How quickly do homes sell in MK16?

2.7% of the homes in MK16 changed hands over the 12 months to Jan 2026, 222 sales.

Postcode district

MK16 property market

Sold £4,129/m² · Median sold £380,876 (182 sales) · Index +4.4% y/y · Turnover 2.7% · 12 months, sales to Apr 2026, listings to Aug 2026

What is MK16?

Buildings: 7,861
Mixed-use buildings: 1.1%
HMO-shaped units: 0.0%

What does MK16 cost?

MK16: sold price per m² £4,129/m² (12 months to Apr 2026, 182 sales). +4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price per m²

£4,129/m² 12 months to Apr 2026

182 sales

+4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sold price

£380,876 12 months to Apr 2026

182 sales

+4.4% over the year to Dec 2025 by the house price index, which follows the same homes over time.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.

Asking price

£390,398 12 months to Aug 2026

761 listings

-0.2% on the previous 12 months.

Sample is the dated listings that came to market in the latest month (added and reduced cohorts).

Sold price per m²: £3,380/m² in Jul 2016 to £4,313/m² in Jul 2026.

Sold price: £297,879 in Jul 2016 to £377,668 in Jul 2026.

Asking price: £375,000 in Jan 2022 to £375,000 in Aug 2026.

Asking price per m²: £3,910/m² in Aug 2025 to £4,232/m² in Jul 2026.

Asking to sold: 100% in Jan 2022 to 98% in Oct 2024.

Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.

ObservedForecast with intervalIndex points, not property prices

Asking price index: 101.3 in Jan 2022 to 99.2 in Aug 2026.

What does MK16 earn?

MK16: asking rent £1,328 a month (12 months to Jul 2026, 110 lets).

Asking rent

£1,328 a month 12 months to Jul 2026

110 lets

Gross yield, asking basis

3.9% 12 months to Aug 2026

179 lets

+1.3% on the previous 12 months.

Sample is the dated lettings behind the latest month's rent cell.

Asking rent: £1,488 pcm in Aug 2025 to £1,283 pcm in Jul 2026.

Gross yield, asking basis: 3.4% in Jan 2022 to 4.2% in Aug 2026.

How does MK16 vary by home size?

Asking price in MK16 runs from £278,701 for 2 bedrooms to £1,267,803 for 5+ bedrooms.

Asking price by bedroom band in MK16, 12 months to Aug 2026. A band with fewer than 30 dated listings in the year is not published.
Homes	Asking price	Window	Change	Listings
1 bedroom	Not published	—	—	—
2 bedrooms	£278,701	12 months to Aug 2026	-0.7% on the previous 12 months	184
3 bedrooms	£383,640	12 months to Aug 2026	+1.4% on the previous 12 months	295
4 bedrooms	£530,281	12 months to Aug 2026	-5.7% on the previous 12 months	203
5+ bedrooms	£1,267,803	12 months to Jul 2026	—	66

Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.

How liquid is MK16?

MK16: turnover 2.7% (12 months to Jan 2026, 222 sales). -13.9% on the previous 12 months.

Turnover

2.7% 12 months to Jan 2026

222 sales

-13.9% on the previous 12 months.

Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.

Completed sales

285 12 months to Jan 2026

285 sales

-4.7% on the previous 12 months.

Sample is the registry count itself; months within six months of the last ingest are still filling.

Listings for sale

328 12 months to Jul 2026

328 listings

Who is active in MK16?

25 agents listed homes for sale in MK16; the three largest took 35% of the listings.

Agents active: 25
Top three agents’ share: 35%
New homes among listings: 7.7%

days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.

Who owns MK16?

Corporate landlords hold 75% of the 276 units in MK16 whose freeholder is classified; 97% of all units are not yet classified.

Corporate landlords75% of classified · 206 units
Individuals (not traceable in bulk)15% of classified · 42 units
Housing associations9.8% of classified · 27 units
RMC0.4% of classified · 1 units

Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.

Where does MK16 rank?

MK16 ranks 6th of 17 postcode districts in Milton Keynes for sold price per m², at £4,129/m².

Sold price per m² · postcode districts in Milton Keynes