What can you afford in Milton Keynes?
2,625 homes changed hands in Milton Keynes over the last 12 months (Jul 2025 – Jun 2026). Half sold for £338,000 or less, a quarter for under £255,000, and three quarters for under £445,000. Buying the median home with a 10% deposit needs roughly a £67,600 salary at the typical 4.5× lending multiple , see what £68,000 takes home.
Affordability in one number: the median home here sold for 8.2× the local median full-time salary of £41,389 (ONS ASHE 2025). A typical lender stretches to about 4.5× one income plus your deposit, which is why the deposit and second incomes decide so much here.
Sold prices · Milton Keynes
£338,000
median sold price, Jul 2025 – Jun 2026
- A quarter under
- £255,000
- Three quarters under
- £445,000
- Sales
- 2,625
- HPI average
- £324,767
What each salary reaches here
Budget = 4.5× salary with a 10% deposit, against the 2,625 actual sales.
| Salary | Budget | Share of sales in reach |
|---|---|---|
| £25,000 | £125,000 | 6.3% |
| £35,000 | £175,000 | 12.3% |
| £50,000 | £250,000 | 24.2% |
| £75,000 | £375,000 | 60.8% |
| £100,000 | £500,000 | 82% |
By property type · median sold price
And the salary that price implies, at 4.5× with 10% down.
| Type | Median · sales | Salary needed |
|---|---|---|
| Flat | £173,000 · 385 | ≈£34,600 |
| Terraced house | £290,000 · 679 | ≈£58,000 |
| Semi-detached house | £339,997 · 762 | ≈£67,999 |
| Detached house | £515,000 · 799 | ≈£103,000 |
For context, the UK House Price Index puts Milton Keynes average prices down 0.7% over 12 months.
Nearby in the index
- Merton
- Mid Devon
- Mid Suffolk
- Mid Sussex
- Middlesbrough
- Mole Valley
- Monmouthshire
- Neath Port Talbot
- New Forest
- Newark and Sherwood
Sold prices: HM Land Registry Price Paid Data (standard residential sales), Jul 2025 – Jun 2026, standard residential sales, England & Wales. Averages: UK House Price Index (HM Land Registry / ONS). Lending estimates use a typical 4.5× single-income multiple and are not a mortgage offer or financial advice.