Cost of Living in MK1
Milton Keynes
MK1 at a glance
Postcode district (MK1)£300k
Median home price
25
Sales (last 5y)
+8%
vs national median
£156
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).
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 type | Median price | Sales (5y) | vs national |
|---|---|---|---|
| Detached | £910,000 | 9 | +£500k |
| Semi-detached | £370,000 | 16 | +£110k |
| Terraced | £185,000 | 4 | −£33k |
| Flat | £100,000 | 13 | −£132k |
Source: HM Land Registry Price Paid Data (OGL v3.0).
Council tax in MK1
Band C
Estimated band
£1,867
Estimated annual cost
£156
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 8% more than the national median.