Property Prices in Milton Keynes, United Kingdom

Index Info
Price to Income Ratio: 11.64
Mortgage as Percentage of Income: 74.50%
Loan Affordability Index: 1.34
Price to Rent Ratio - City Centre: 25.36
Price to Rent Ratio - Outside of Centre: 25.77
Gross Rental Yield (City Centre): 3.94%
Gross Rental Yield (Outside of Centre): 3.88%
Rent Per Month
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Apartment (1 bedroom) in City Centre 858.11 £ 700.00-1,200.00
Apartment (1 bedroom) Outside of Centre 689.44 £ 500.00-900.00
Apartment (3 bedrooms) in City Centre 1,336.44 £ 1,150.00-2,000.00
Apartment (3 bedrooms) Outside of Centre 1,157.14 £ 1,000.00-1,500.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 414.36 £ 379.09-464.51
Price per Square Feet to Buy Apartment Outside of Centre 349.16 £ 263.84-398.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 1,765.83 £
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 2.58 1.75-3.23

These data are based on 71 entries in the past 18 months from 13 different contributors.
Last update: April 2021

Sources and References
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