Average asking price
£398k
UK avg £340k
Postcode district in Newport Pagnell, part of the MK postcode area
General / family area · 6.5km from Cranfield University
MK16 has a gross rental yield of 3.9%, 14% below the UK average, ranking #19 of 25 MK postcode districts by yield.
Estimate only, for England/Northern Ireland SDLT rates. Assumes an interest-only mortgage and doesn't account for insurance, maintenance, voids, or other running costs. Not financial advice.
| Bedrooms | Avg buy | Avg rent | Yield | Sampled |
|---|---|---|---|---|
| Studio | £129k | — | — | 3 / 0 |
| 1 | £168k | £1,050 | — | 9 / 3 |
| 2 | £275k | £1,300 | 5.7% | 47 / 11 |
| 3 | £375k | £1,450 | 4.6% | 50 / 6 |
| 4 | £528k | £1,995 | — | 42 / 1 |
| 5+ | £1.15m | — | — | 16 / 0 |
| District | Avg buy | Avg rent | Yield | |
|---|---|---|---|---|
| MK9 | £230k | £1,350 | 7.0% | Compare |
| MK2 | £255k | £1,250 | 5.9% | Compare |
| MK10 | £377k | £1,850 | 5.9% | Compare |
| MK4 | £390k | £1,825 | 5.6% | Compare |
| MK8 | £420k | £1,875 | 5.4% | Compare |
| MK6 | £285k | £1,250 | 5.3% | Compare |
| MK7 | £315k | £1,300 | 5.0% | Compare |
| MK12 | £315k | £1,288 | 4.9% | Compare |
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