# MK5 7HY Area Summary
MK5 7HY is located in the Netherfield area of Milton Keynes, positioned in the eastern sector of this Buckinghamshire new town. With an average property price of £124,640 based on 75 properties, this postcode represents one of the more affordable areas within Milton Keynes, sitting well below the town's overall average. This price point typically reflects a predominance of flats and maisonettes, along with some smaller terraced housing, making it particularly attractive to first-time buyers, young professionals, and buy-to-let investors seeking accessible entry points into the property market.
The Netherfield district benefits from Milton Keynes' characteristic grid road system and the town's modern infrastructure, including proximity to local shopping facilities and transport links. The area offers good value for those seeking affordability within a well-connected location, with the nearby Campbell Park providing green space and recreational amenities. The relatively lower price point compared to other Milton Keynes postcodes makes MK5 7HY a practical choice for budget-conscious buyers, though potential purchasers should consider that properties in this price bracket may require modernisation or be leasehold apartments with associated service charges.
The average house price in MK5 7HY, Milton Keynes is £124,640. Prices range from £46,075 to £310,000.
There are 75 properties in MK5 7HY, Milton Keynes.
MK5 7HY contains 40 detached properties, 26 terraced properties, 9 semi-detached properties.
Average house prices in MK5 7HY have risen by 240% from £79,997 in 1995 to £272,000 in 2024.
MK5 7HY is located in Milton Keynes, Milton Keynes, England.