Milton Keynes, the largest town in Buckinghamshire, is a popular place for commuters to London, located around 50 miles from the capital. As well as its good transport links to London, it’s a great town in itself, whether you’re looking for somewhere to raise a family or live as a young professional. Average house prices are lower than some other commuter towns too, with terraced and semi-detached homes offering particularly good value.
If you’re interested in buying a property in Milton Keynes, this guide will talk you through property prices, travel links, local amenities, and more.
Property Prices in Milton Keynes
The average property price in Milton Keynes between August 2019 and August 2020 was £300,960. This is cheaper than a number of other Buckinghamshire towns, such as Chesham and High Wycome. The cost of detached houses brings up the average price, at £477,193, which semi-detached and terraced houses are more affordable, costing an average of £277,846 and £243,679, respectively.
One-bedroom terraced houses start at around £160,000, while you will most likely be looking at around £200,000 for two or three bedrooms. The most expensive houses, located in the villages around Milton Keynes, can reach prices of up to £1.5 million or more. If you’re looking for a flat, most will start at around £90,000 to £100,000 around a third of the average property price and less than half of the cost of the average terraced house. The most expensive flats go for over £400,000.
Best Areas to Buy a Property in Milton Keynes
You can discover some fantastic places to live and buy a home in Milton Keynes. In addition to some options that are further away, such as Bletchley, there are plenty of choices closer to the centre of Milton Keynes.
If you’re looking for a sizeable family home, Middleton can deliver. You can discover quiet cul-de-sacs that offer larger properties, some of which even have double garages.
In Loughton, new-build terraces mix with large detached homes. Some of the larger houses have three storeys and are double-fronted too.
The Shenley villages, consisting of Shenley Wood, Shenley Lodge, Shenley Brook End, Shenley Dens, Shenley Hill and Shenley Church End, offer a mix of old and new homes. Smaller and older cottages are available, but newer and larger properties are also options.
Willen is located close to Willen Lake, making it a popular location. There are both modest properties that are in line with average property prices in Milton Keynes, and more exclusive options that may not come up for sale as often.
In Bradwell, you can discover modern family homes and Victorian cottages. Semi-detached and terraced houses can be found here, with even the odd bungalow available too.
How to get a mortgage in Milton Keynes
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Local Amenities and Things to Do
Milton Keynes is a large town with plenty of things to do and great local amenities. History lovers will enjoy a trip to Bletchley Park and the Milton Keynes Museum, as well as the general history of the town. For those who love culture, Milton Keynes Theatre offers opera, comedy, children’s shows and West End productions, while music can be enjoyed at The Stables. Families and individuals who love an outdoor lifestyle can find parks such as Caldecotte Lake, which offers many outdoor activities, and the Georgian Stowe Gardens are a great visit too. There’s also plenty of leisure, shopping, restaurants and pubs in the town.
Schools in Milton Keynes
Milton Keynes has a range of great schools, both state and private. There are tens of schools and colleges rated Outstanding by Ofsted, and many more with a Good rating too. Some of the best primary schools in Milton Keynes include Middleton Primary School and Drayton Park School. Milton Keynes has two secondary schools for pupils with special educational needs that are rated Outstanding, while a number of other secondary schools are rated Good, such as Denbigh School and Ousedale School.
Milton Keynes Travel Links
Milton Keynes has good transport links both in and around the town. The fastest trains to London take just 35 minutes, and there are direct trains to many other cities around the country. Getting around Milton Keynes and the surrounding area by train is also possible. Milton Keynes is connected to the M1, and the A5, which runs parallel to the M1 also runs through the town. Luton Airport is a 35-minute drive from Milton Keynes.
Buying property in Milton Keynes gives you access to affordable property close to London and other benefits too.