Cost of Living in MK1

Milton Keynes

MK1 at a glance

Postcode district (MK1)
£300k
Median home price
39
Sales (last 5y)
+7%
vs national median
£176
Est. council tax / mo
3.7/10
Deprivation decile

Figures describe the MK1 postcode district as a whole — a guide to the area, not a valuation of any one home. Prices from HM Land Registry; council tax is an estimate (verify your exact band below). 2026/27 estimate using the Milton Keynes average Band D rate published by MHCLG and an estimated band. Parish charges, discounts and premiums can change your bill.

House prices in MK1

Postcode district (MK1)

Median sale price over the last five years by property type, with how each compares to the national median.

Property typeMedian priceSales (5y)vs national
Detached£420,00010+£5k
Semi-detached£380,00012+£120k
Terraced£185,0004−£35k
Flat£100,00013−£130k

Source: HM Land Registry Price Paid Data (OGL v3.0).

Council tax in MK1

Band C
Estimated band
£2,109
Estimated annual cost
£176
Monthly (approx)

Council-tax band is an estimate, not a verified per-address figure. Check the exact band on GOV.UK.

Affordability & area context

Postcode district (MK1)

MK1 sits at an average deprivation decile of 3.7 out of 10 (more deprived than the English average), based on the 3 neighbourhoods (LSOAs) it covers in the English Indices of Deprivation 2025. Homes here typically sell for 7% more than the national median.