Where is the cheapest place to live in Milton Keynes?

Some of the cheapest residential streets in Milton Keynes include Mahler Close,in Browns Wood, Plantain Court, in Walnut Tree and Paynes Drive, Loughton. But the streets with cheaper housing in the Milton Keynes Postcodes often tend to contain smaller flats and studios which would have a lower value.

Is Milton Keynes a cheap place to live?

Is it expensive to live in Milton Keynes? Living costs in Milton Keynes are slightly higher than the national average, but are generally lower than London. Consumer prices in Milton Keynes are 27% lower than London (minus rent), while rental prices are 50% cheaper.

Which is the best area to live in Milton Keynes?

Where is the cheapest place to live in Buckinghamshire?

What is the richest area of Milton Keynes?

The richest area, according to the statistics, is Broughton, Middleton & Kents Hill, where the average total annual income per household is £65,700. The poorest is Stacey Bushes & Fullers Slade, where the average is £34,600. The difference between the two is a whopping £3,100 a year.

Best Places to live in Milton Keynes

Is it worth buying a house in Milton Keynes?

Along with Bedford, Milton Keynes in Buckinghamshire has the highest forecast growth for this year and for London commuters looking to buy outside of the capital, Milton Keynes is one of the best places to invest in property and has been named as one of the best commuter areas for 2020.

How much do you need to live in Milton Keynes?

It largely depends on the lifestyle one opts for and the spending limit they have set. International student's monthly cost of living in Milton Keynes typically ranges from £1,551 to £1,073.

Where is the cheapest nicest place to live in UK?

Which city in UK has the lowest cost of living?

It indicated that Shildon in County Durham is Britain's budget capital and the most affordable location in England. Shildon has received awards time and time again for being the most cost-effective place to live. It's located only 13 miles from Durham, and closeby to Middlesborough.

Where is the cheapest place to live in the south of England?

Contrary to popular opinion, Portsmouth is the cheapest place to live in the south – whether it be other south coast towns, or further afield in places like Bristol, Birmingham, Stratford or Nottingham – Portsmouth is cheaper.

Is it worth moving to Milton Keynes?

If you're debating a move to the thriving MK, then you're in good company. Thanks to its sprawling urban design, plentiful job opportunities, and vibrant community, this city is truly a hidden gem nestled in the heart of England. In 2023, many young professionals are making the move to live in Milton Keynes.

Why is Milton Keynes so expensive to rent?

There has been a rise in demand for rental properties and an 8.9% fall in the number of Milton Keynes private rented properties, which has caused Milton Keynes rents to rise by 5.8% in the last year, a new all-time high.

Why are houses in Milton Keynes so expensive?

In 2021/22, demand (people wanting and able to buy) was bigger than the supply of properties available to buy. Hence Milton Keynes house prices rose.

Is rent expensive in Milton Keynes?

Milton Keynes was the fifth most expensive place in the UK, with an average rent of £1,623.47 for a three bedroomed family home. The city also came out as one of the top five most costly places in the UK to rent a single room in a house or flat.

Are house prices falling in Milton Keynes?

The average property price in Milton Keynes postcode area is £362k, the median price is £325k. The average price declined by £-20.0k (-5%) over the last twelve months. The price of an established property is £361k. The price of a newly built property is £446k.

Is Milton Keynes a white area?

Ethnicity. In the 2021 census, almost 71.8% of the population described their ethnic origin as white, 12.3% as Asian, 9.7% as black, 4% as mixed, and 2% as another ethnic group.

Which part of UK has cheapest houses?

Where is the nicest and cheapest place to live?

Where are the lowest house prices in UK?

Where is the most peaceful place in the UK to live?

Which is the best city to settle in UK?

Why do people move to Milton Keynes?

It Is a Very Inexpensive Place to Live

Getting to London only takes around 30 minutes when you live in MK, but it is much less expensive to both rent and buy a place to live here. In fact, more and more people are moving to MK for that very reason, and most people consider the rents especially to be super cheap.

Why do people live in Milton Keynes?

It is well known for its US-style design featuring a grid system of roads and numerous roundabouts. Over the years, Milton Keynes has become a popular hub for shopping, business and leisure, with a current population of approximately 265,000.

What is the crime rate for Milton Keynes?

Annual crime rate in Milton Keynes postcode area is 39.5 crimes per annum per 1000 workday people as of December 2023. Compared to the national crime rate, Milton Keynes's crime rate is at 112%. Violent crime makes up 38.3% of all crimes reported in the postcode area.