At a Glance
Average Property Price - MK9
£239,017
24
National percentile
Average Monthly Rent - MK
£1,276
68
National percentile
Average Net Household Income - MK9
£39,163
54
National percentile
Flat / Maisonette Yield - MK
6.6%
93
National percentile
10-Year Annualised Price Growth - MK9
2.1%
10
National percentile
10-Year Annualised Rent Growth - MK
4.3%
74
National percentile
Property Price & Volume Trends
The average property price in MK9 is £239,000, well below the national average and among the cheapest nationally. Over the past decade, prices have grown by just 2.1% annually—significantly slower than the national average. Transaction activity has fallen sharply, with only 52 sales in the latest year compared to a 10-year average of 95, reflecting a notable softening in market activity.
Rent & Yield Trends
Average monthly rent of £1,276 sits above the national midpoint. Rental growth over the past decade has been strong at 4.3% annually, outpacing national trends. The flat yield currently stands at 6.6%, a notable improvement on its 10-year average of 5.5%, indicating stronger returns for landlords in recent months.
Income & Affordability Trends
Average household income of £39,163 is close to the national average. The price-to-income ratio of 7.3x has worsened since 2016 (when it was 6.1x), reflecting slower price growth relative to income rises. Rental affordability has similarly deteriorated, with rent now consuming 33.8% of income compared to 27% in 2016, placing significant pressure on renters.
Resident Demographic Profile
MK9 has a notably young profile: nearly a quarter of residents are aged 25–34, more than double the national proportion, and only 6.2% are aged 65 and over, well below the national average of 19.6%. The tenure mix is strikingly different from national norms—just 12% of homes are owned with a mortgage against the national average of 27%, while 47.3% are privately rented (more than double the national share of 21.7%) and 25.6% are socially rented (well above the national 16.5%). The employment profile reflects this younger, more transient population, with elementary workers at 21.6% (double the national average) and a notably lower proportion of trades and technical workers.