At a Glance
Average Property Price - MK5
£446,703
74
National percentile
Average Monthly Rent - MK
£1,276
68
National percentile
Average Net Household Income - MK5
£36,170
39
National percentile
Flat / Maisonette Yield - MK
6.6%
93
National percentile
10-Year Annualised Price Growth - MK5
2.6%
17
National percentile
10-Year Annualised Rent Growth - MK
4.3%
74
National percentile
Property Price & Volume Trends
Properties in MK5 are valued at an average of £447,000, placing them among the more expensive nationally. However, the district has experienced modest 10-year price growth of 2.6% annually—below the national trend. Transaction volumes have slowed recently, with 150 sales in the latest full year compared to an average of 186 over the preceding decade.
Rent & Yield Trends
Average monthly rents stand at £1,276, slightly above the national median. Rental growth has been robust at 4.3% annually over ten years, outpacing national averages. Yields have improved, currently at 6.6% compared to a ten-year average of 5.5%, reflecting stronger rental demand relative to capital values.
Income & Affordability Trends
Average net household income of £36,170 is below the national average. Affordability for buyers has deteriorated significantly: the price-to-income ratio has widened from 7.6x in 2016 to 12.1x today, indicating substantially higher purchasing pressure. Rental affordability has also worsened, with rent-to-income rising from 27% to 33.8% over the same period.
Resident Demographic Profile
The area skews notably toward families and working-age adults: those aged 35–49 represent 24.1% of the population, well above the national average of 18.7%, while the over-65s are underrepresented at 10.5%. Housing tenure shows a strong emphasis on mortgage ownership (31.4%) and notably high shared ownership at 8.1%, compared to 1.0% nationally. The employment base is weighted toward professionals (24.9%) and managers (14.4%), with fewer trades workers (6.2%).