At a Glance
Average Property Price - MK11
£361,616
59
National percentile
Average Monthly Rent - MK
£1,276
68
National percentile
Average Net Household Income - MK11
£36,584
41
National percentile
Flat / Maisonette Yield - MK
6.6%
93
National percentile
10-Year Annualised Price Growth - MK11
2.2%
12
National percentile
10-Year Annualised Rent Growth - MK
4.3%
74
National percentile
Property Price & Volume Trends
The average property price in MK11 is £362,000, which sits slightly above the national median. Over the past decade, prices have grown at 2.2% annually—well below the national average, reflecting more modest capital appreciation than the wider market. Transaction activity has slowed considerably; the latest year saw 142 sales against a 10-year average of 244, a notable decline in buyer activity.
Rent & Yield Trends
Average monthly rent stands at £1,276, placing it above the national average. Rental growth over ten years has been strong at 4.3% annually, outpacing national trends. Yields have recovered recently to 6.6%, up from a 10-year average of 5.5%, signalling improved returns for landlords in the current market.
Income & Affordability Trends
Average household income in MK11 is £36,584, slightly below the national average. Purchase affordability has worsened: the price-to-income ratio has risen to 9.3x from 8.0x in 2016, making homeownership less accessible. Rental affordability has also deteriorated; renters now spend 33.8% of income on rent, up from 27% in 2016, reflecting growing pressure on renters.
Resident Demographic Profile
The population skews towards families and established households: those aged 35–49 represent 22.2% (above the national average of 18.7%), while young adults aged 16–24 are underrepresented at 8.5% compared to 11.0% nationally. Housing tenure is relatively balanced between ownership and renting, though shared ownership is notably high at 8.2% versus 1.0% nationally. The employment profile is dominated by professionals (22.7%) and technical workers (14.2%), both above national norms, while trades and caring occupations are underrepresented.