At a Glance
Average Property Price - MK46
£432,926
72
National percentile
Average Monthly Rent - MK
£1,276
68
National percentile
Average Net Household Income - MK46
£47,332
82
National percentile
Flat / Maisonette Yield - MK
6.6%
93
National percentile
10-Year Annualised Price Growth - MK46
2.3%
13
National percentile
10-Year Annualised Rent Growth - MK
4.3%
74
National percentile
Property Price & Volume Trends
The average property price in MK46 is £433,000, placing it among the more expensive districts nationally. However, the area has experienced slower-than-average price growth over the past decade, with annualised gains of just 2.3% — well below the national trend. Transaction activity has fallen noticeably, with 141 sales in the latest year compared to a 10-year average of 189, suggesting a less active market.
Rent & Yield Trends
Average monthly rent in the broader MK postcode area stands at £1,276, slightly above the national median. Rental growth has been stronger than the national average, rising at 4.3% per year over the past decade. The rental yield has improved steadily, currently standing at 6.6% — up from a 10-year average of 5.5% — reflecting the strengthening lettings market relative to capital values.
Income & Affordability Trends
Household incomes in MK46 are notably high, sitting among the wealthiest districts nationally at an average of £47,332. However, affordability for purchase has worsened: the price-to-income ratio has risen from 9.6x in 2016 to 10.8x today, making property increasingly expensive relative to local earnings. Rental affordability has also deteriorated, with the rent-to-income ratio climbing from 27% to 33.8% over the same period.
Resident Demographic Profile
MK46 has a distinctly older demographic profile: those aged 50–64 and 65+ together account for 45.5% of the population, significantly above the national average of 39.4%. Conversely, young adults aged 16–24 are underrepresented at 7.9%, less than three-quarters of the national figure. The housing stock is heavily owner-occupied, with 71% living in owned properties (either outright or with a mortgage), well above the national average of 60.7%. The workforce is heavily skewed towards professional and managerial roles, which together represent 43.9% of employment — far higher than the national average of 33.9% — while trades, elementary, and caring occupations are all significantly underrepresented.