Cost of Living in MK2
Milton Keynes
MK2 at a glance
Postcode district (MK2)£271k
Median home price
693
Sales (last 5y)
-3%
vs national median
£156
Est. council tax / mo
3.5/10
Deprivation decile
Figures describe the MK2 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 MK2
Postcode district (MK2)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 | £368,000 | 99 | −£42k |
| Semi-detached | £312,500 | 216 | +£53k |
| Terraced | £240,000 | 334 | +£22k |
| Flat | £160,000 | 207 | −£72k |
Source: HM Land Registry Price Paid Data (OGL v3.0).
Council tax in MK2
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 (MK2)MK2 sits at an average deprivation decile of 3.5 out of 10 (more deprived than the English average), based on the 11 neighbourhoods (LSOAs) it covers in the English Indices of Deprivation 2025. Homes here typically sell for 3% less than the national median.