Housing Market Analysis for OUSEBANK WAY, MK11 1LB

Are you looking to understand MK11 1LB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Milton Keynes postcode.

For the location information and nearby amenities in the MK11 1LB area, explore the MK11 1LB Area information page.
For comprehensive crime statistics in the MK11 1LB area, explore the MK11 1LB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK11 1LB postcode area, The average prices are as follows,

Detached
- The average price is around £291,700 median price is £187,000 Standard Deviation is £260,388 with Total Sold: 5
- The Last 5 Year average price is £800,000 with Total Sold: 1
- The most recent sale happened at this postcode is 66 OUSEBANK WAY: £800,000 (Sold on 30 Jun 2021)
- The first recorded sale happened at this postcode is 50 OUSEBANK WAY: £75,000 (Sold on 29 Dec 1995)
Semi-Detached
- The average price is around £185,091 median price is £180,000 Standard Deviation is £68,374 with Total Sold: 11
- The Last 5 Year average price is £340,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8 OUSEBANK WAY: £340,000 (Sold on 09 Oct 2020)
- The first recorded sale happened at this postcode is 42 OUSEBANK WAY: £47,000 (Sold on 29 Nov 1996)
Terraced
- The average price is around £189,242 median price is £203,750 Standard Deviation is £75,107 with Total Sold: 6
- The most recent sale happened at this postcode is 12 OUSEBANK WAY: £279,950 (Sold on 13 Jan 2017)
- The first recorded sale happened at this postcode is 14 OUSEBANK WAY: £44,500 (Sold on 02 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK11 1LB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£800,000	£4,188	1
2004	£249,500	£1,721	1
2001	£187,000		1
1996	£147,000		1
1995	£75,000	£938	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£340,000	£3,400	1
2017	£235,500	£2,907	1
2014	£195,250	£2,786	2
2010	£175,000	£2,500	1
2009	£173,000	£2,464	2
2008	£180,000	£2,222	1
2006	£190,000	£1,900	1
2002	£132,000	£1,630	1
1996	£47,000	£580	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2017	£279,950	£3,414	1
2016	£230,000	£3,433	1
2015	£237,500	£2,896	1
2010	£177,500	£2,165	1
2007	£166,000	£2,441	1
1996	£44,500	£664	1

All the Sales in the OUSEBANK WAY, MK11 1LB

See the table below for more details on the sold house prices in the MK11 1LB, Milton Keynes postcode.

Address	Sold Date	Price	% Change
66 OUSEBANK WAYDetached, FreeholdArea: 191 Sq.mtrAge: 1950-1966	30 Jun 2021	£800,000	First Sale
8 OUSEBANK WAYSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1950-1966	09 Oct 2020	£340,000	78.95%
	13 Jun 2006	£190,000	First Sale
6 OUSEBANK WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-1966	09 Jun 2017	£235,500	30.83%
	08 Feb 2008	£180,000	First Sale
12 OUSEBANK WAYTerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	13 Jan 2017	£279,950	17.87%
	26 Oct 2015	£237,500	33.80%
	17 Sep 2010	£177,500	First Sale
14 OUSEBANK WAYTerraced, FreeholdArea: 67 Sq.mtrAge: 1950-1966	15 Dec 2016	£230,000	416.85%
	02 Aug 1996	£44,500	First Sale
38 OUSEBANK WAYSemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1950-1966	10 Jun 2014	£225,000	28.57%
	29 Mar 2010	£175,000	First Sale
36 OUSEBANK WAYSemi-Detached, FreeholdArea: 70.2 Sq.mtrAge: 1950-1966	18 Feb 2014	£165,500	-12.89%
	10 Jul 2009	£190,000	21.79%
	03 Apr 2009	£156,000	First Sale
10 OUSEBANK WAYTerraced, FreeholdArea: 68 Sq.mtrAge: 1967-1975	26 Sep 2007	£166,000	First Sale
54 OUSEBANK WAYDetached, FreeholdArea: 145 Sq.mtrAge: 1967-1975	02 Apr 2004	£249,500	First Sale
42 OUSEBANK WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	15 Jul 2002	£132,000	180.85%
	29 Nov 1996	£47,000	First Sale
52 OUSEBANK WAYDetached, Freehold	06 Jun 2001	£187,000	First Sale
62 OUSEBANK WAYDetached, Freehold	05 Dec 1996	£147,000	First Sale
50 OUSEBANK WAYDetached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	29 Dec 1995	£75,000	First Sale

Check out the sold house prices near the MK11 1LB postcode. Properties currently for saleProperties currently for rent

OUSEBANK WAY, MK11 1LB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK11 1LB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the MK11 1LB postcode.

Terraced
- The average price is around £195,690 median price is £174,475 Standard Deviation is £127,926 with Total Sold: 802
- The Last 5 Year average price is £338,642 with Total Sold: 104
- The most recent sale happened at this postcode is , 12 PARK ROAD: £320,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 19 PARK ROAD: £33,200 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £210,620 median price is £190,000 Standard Deviation is £119,867 with Total Sold: 448
- The Last 5 Year average price is £356,212 with Total Sold: 66
- The most recent sale happened at this postcode is , 94 CLARENCE ROAD: £475,000 (Sold on 13 Aug 2024)
- The first recorded sale happened at this postcode is , 1 PARK ROAD: £59,500 (Sold on 27 Feb 1995)
Detached
- The average price is around £313,052 median price is £282,000 Standard Deviation is £206,675 with Total Sold: 295
- The Last 5 Year average price is £582,733 with Total Sold: 43
- The most recent sale happened at this postcode is , 3 HAWKINS CLOSE: £600,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 7 BENNET CLOSE: £82,500 (Sold on 27 Mar 1995)
Other
- The average price is around £446,749 median price is £265,000 Standard Deviation is £509,659 with Total Sold: 29
- The Last 5 Year average price is £505,631 with Total Sold: 17
- The most recent sale happened at this postcode is , 8 CHURCH STREET: £297,500 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 23 HIGH STREET: £499,999 (Sold on 16 May 2014)
Flat
- The average price is around £153,574 median price is £155,000 Standard Deviation is £71,563 with Total Sold: 198
- The Last 5 Year average price is £209,636 with Total Sold: 33
- The most recent sale happened at this postcode is , 17 HAYES: £78,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 2 ANTHONY COURT: £32,000 (Sold on 15 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£329,062		8
2023	£372,854	£4,261	12
2022	£376,093	£4,412	21
2021	£314,208	£3,910	27
2020	£341,587	£3,809	23
2019	£298,000	£3,560	13
2018	£315,063	£3,705	14
2017	£300,361	£3,890	25
2016	£283,412	£3,430	29
2015	£330,670	£3,026	46
2014	£233,371	£2,830	24
2013	£213,558	£2,722	26
2012	£228,518	£2,589	25
2011	£222,138	£2,323	40
2010	£215,650	£2,487	14
2009	£196,056	£2,400	18
2008	£180,923	£2,793	13
2007	£203,757	£2,640	33
2006	£178,380	£2,237	30
2005	£176,450	£2,319	20
2004	£184,939	£2,150	33
2003	£168,242	£2,037	33
2002	£160,555	£1,846	41
2001	£108,381	£1,456	42
2000	£91,765	£1,398	28
1999	£81,765	£1,153	53
1998	£66,302	£1,134	20
1997	£62,378	£762	37
1996	£53,097	£740	31
1995	£49,820	£595	23

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£393,750		4
2023	£406,318	£4,464	11
2022	£338,833	£4,788	12
2021	£330,438	£4,156	8
2020	£355,324	£3,880	17
2019	£336,821	£3,917	14
2018	£321,712	£4,204	12
2017	£341,964	£3,710	14
2016	£318,846	£3,787	13
2015	£356,056	£3,072	9
2014	£267,482	£3,251	14
2013	£232,438	£2,602	8
2012	£247,611	£2,972	9
2011	£223,481	£2,656	13
2010	£234,316	£2,388	9
2009	£219,458	£2,302	12
2008	£267,334	£2,600	9
2007	£213,600	£2,713	15
2006	£198,759	£2,493	24
2005	£208,632	£2,400	19
2004	£226,412	£2,372	17
2003	£198,383	£1,893	19
2002	£172,428	£1,483	21
2001	£153,468	£1,486	19
2000	£115,578	£1,382	16
1999	£92,419	£1,068	39
1998	£82,023	£1,004	19
1997	£82,452	£896	15
1996	£73,490	£757	20
1995	£67,765	£663	17

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£600,000		1
2023	£781,333	£4,912	6
2022	£665,625	£4,822	8
2021	£603,077	£3,956	13
2020	£482,167	£3,943	9
2019	£377,500	£4,160	6
2018	£466,111	£3,518	9
2017	£546,667	£4,215	6
2016	£536,812	£3,813	8
2015	£479,182	£3,540	11
2014	£427,500	£4,212	2
2013	£304,571	£2,563	7
2012	£386,429	£3,243	7
2011	£297,900	£2,376	10
2010	£340,000	£2,873	5
2009	£323,000	£2,397	14
2008	£304,246	£2,255	8
2007	£310,469	£2,148	16
2006	£272,650	£2,379	10
2005	£281,562	£2,214	16
2004	£235,125	£2,160	4
2003	£270,784	£1,903	19
2002	£246,585	£1,774	23
2001	£147,250	£1,527	4
2000	£132,275	£1,290	8
1999	£129,452	£1,094	17
1998	£122,718	£1,222	19
1997	£99,000	£751	6
1996	£97,875	£921	16
1995	£90,000	£747	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£297,500		1
2023	£820,832		6
2022	£38,000		1
2021	£720,346		3
2020	£172,350		2
2019	£207,375		4
2018	£191,200		5
2017	£532,500	£1,647	2
2016	£564,500	£2,711	2
2015	£240,000		1
2014	£485,000		2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£196,250	£4,631	4
2022	£244,867	£3,761	15
2021	£171,000	£2,903	6
2020	£178,000	£2,535	3
2019	£180,000	£2,947	5
2018	£156,167	£4,287	3
2017	£188,722	£3,870	9
2016	£174,222	£3,476	9
2015	£210,100	£3,042	10
2014	£226,999	£2,632	6
2013	£161,938	£2,498	8
2012	£118,026	£2,626	2
2011	£161,978	£2,651	26
2009	£224,500	£2,946	2
2008	£182,333	£2,317	3
2007	£196,983	£3,304	6
2006	£159,929	£2,579	7
2005	£110,762	£2,549	8
2004	£127,500	£2,521	3
2003	£113,249	£2,320	8
2002	£140,673	£1,702	24
2001	£87,667	£1,844	6
2000	£69,254	£1,152	6
1999	£44,988	£1,112	5
1998	£40,200	£978	5
1997	£53,750	£714	4
1996	£21,500	£537	4
1995	£32,000	£706	1

House Type in MK11 1LB area

The most common house types in the MK11 1LB postcode area are Semi-detached (55), Detached (34), and Flat (16).

Total	123
Semi-detached	55
Detached	34
Flat	16
Terraced	14
Shared house	4
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (40), and Social rented: Rents from council or Local Authority (37).

Owned: Owns outright	40
Social rented: Rents from council or Local Authority	37
Owned: Owns with a mortgage or loan	28
Private rented: Private landlord or letting agency	10
Social rented: Other social rented	4
Private rented: Other private rented	3
Shared ownership: Shared ownership	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK11 1LB have 2 people in household (47), and 1 person in household (39).

2 people in household	47
1 person in household	39
3 people in household	20
4 people in household	12
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0