Housing Market Analysis for MK1 1RE

Are you looking to understand MK1 1RE 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 MK1 1RE area, explore the MK1 1RE Area information page.
For comprehensive crime statistics in the MK1 1RE area, explore the MK1 1RE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK1 1RE postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK1 1RE 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.

    All the Sales in the MK1 1RE

    See the table below for more details on the sold house prices in the MK1 1RE, Milton Keynes postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the MK1 1RE postcode. Properties currently for saleProperties currently for rent

    MK1 1RE Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the MK1 1RE 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 MK1 1RE postcode.

    • Terraced
      • The average price is around £133,073 median price is £125,000 Standard Deviation is £73,252 with Total Sold: 206
      • The Last 5 Year average price is £253,348 with Total Sold: 31
      • The most recent sale happened at this postcode is , 85 VICTORIA ROAD: £235,000 (Sold on 28 Aug 2024)
      • The first recorded sale happened at this postcode is , 9 TAVISTOCK STREET: £27,000 (Sold on 21 Apr 1995)
    • Other
      • The average price is around £1,481,551 median price is £652,500 Standard Deviation is £2,432,958 with Total Sold: 38
      • The Last 5 Year average price is £1,291,742 with Total Sold: 18
      • The most recent sale happened at this postcode is , 12 DANE ROAD: £1,700,000 (Sold on 01 Jul 2024)
      • The first recorded sale happened at this postcode is , UNIT 4 WARD ROAD: £213,000 (Sold on 04 Oct 2013)
    • Semi-Detached
      • The average price is around £173,884 median price is £157,500 Standard Deviation is £100,712 with Total Sold: 173
      • The Last 5 Year average price is £320,313 with Total Sold: 30
      • The most recent sale happened at this postcode is , 90 WESTERN ROAD: £287,500 (Sold on 21 Jun 2024)
      • The first recorded sale happened at this postcode is , 6 LOCK VIEW LANE: £57,000 (Sold on 25 Jan 1995)
    • Detached
      • The average price is around £257,002 median price is £226,000 Standard Deviation is £211,550 with Total Sold: 146
      • The Last 5 Year average price is £572,838 with Total Sold: 21
      • The most recent sale happened at this postcode is , 14 BRISTOW CLOSE: £420,000 (Sold on 26 Apr 2024)
      • The first recorded sale happened at this postcode is , 12 LOCK VIEW LANE: £32,000 (Sold on 24 Mar 1995)
    • Flat
      • The average price is around £98,351 median price is £105,000 Standard Deviation is £44,286 with Total Sold: 99
      • The Last 5 Year average price is £151,538 with Total Sold: 13
      • The most recent sale happened at this postcode is , 15 THE SIDINGS: £193,000 (Sold on 26 Feb 2024)
      • The first recorded sale happened at this postcode is FLAT 3, 66 WATLING STREET: £23,500 (Sold on 30 Jun 1995)

    Sold Price Trend Over the Years:

    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£247,000 £3,548 2
    2023£276,000 £3,265 3
    2022£291,600 £3,708 13
    2021£203,375 £2,878 4
    2020£239,750 £2,892 4
    2019£193,700 £3,181 5
    2018£191,521 £2,820 7
    2017£195,000 £2,508 5
    2016£169,722 £2,480 9
    2015£168,933 £1,890 6
    2014£165,541 £2,257 12
    2013£141,250 £1,801 4
    2012£130,750 £2,259 2
    2011£119,207 £1,657 7
    2010£135,250 £2,145 5
    2009£121,500 £1,421 2
    2008£124,167 £2,346 3
    2007£145,530 £2,059 10
    2006£126,750 £1,929 8
    2005£121,192 £1,739 13
    2004£111,455 £1,550 11
    2003£123,500 £1,151 5
    2002£87,028 £1,305 9
    2001£73,046 £979 9
    2000£63,909 £843 11
    1999£54,031 £718 16
    1998£48,971 £659 7
    1997£38,929 £526 7
    1996£35,690 £561 5
    1995£36,500 £541 2
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£1,700,0001
    2023£1,027,5002
    2022£416,0001
    2021£2,097,8377
    2020£51,250 £345 2
    2019£858,6005
    2018£672,0005
    2017£3,494,9084
    2016£1,032,5002
    2015£594,9752
    2014£2,251,0005
    2013£599,0002
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£352,500 £3,584 3
    2023£449,000 £4,168 3
    2022£383,580 £4,155 5
    2021£301,625 £3,777 12
    2020£245,250 £3,117 4
    2019£228,833 £2,619 3
    2018£320,000 £4,571 1
    2017£299,286 £3,117 7
    2016£244,167 £2,686 6
    2015£222,849 £2,809 7
    2014£202,500 £1,608 2
    2013£169,000 £2,302 5
    2012£178,400 £2,018 5
    2011£183,333 £1,888 3
    2010£153,333 £1,665 3
    2009£135,500 £1,843 4
    2008£163,000 £2,152 3
    2007£196,399 £2,045 5
    2006£167,449 £1,991 10
    2005£158,200 £1,761 10
    2004£153,427 £1,636 11
    2003£143,000 £1,516 6
    2002£123,333 £1,364 6
    2001£115,056 £1,270 9
    2000£79,276 £873 7
    1999£59,832 £575 6
    1998£56,625 £850 4
    1997£52,500 £616 10
    1996£48,125 £627 8
    1995£47,900 £667 5
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£420,0001
    2023£697,500 £3,022 2
    2022£873,433 £9,608 6
    2021£358,500 £3,190 6
    2020£400,833 £3,113 3
    2019£540,167 £3,256 3
    2018£347,856 £3,630 7
    2017£456,500 £3,742 1
    2016£390,000 £3,644 1
    2015£319,728 £2,718 9
    2014£226,899 £2,316 5
    2013£198,750 £2,000 4
    2012£229,500 £2,229 2
    2011£172,750 £1,717 2
    2010£242,500 £2,566 2
    2009£246,000 £1,652 3
    2008£254,250 £2,058 4
    2007£265,750 £2,261 6
    2006£250,550 £2,150 10
    2005£231,583 £1,862 6
    2004£249,111 £2,165 9
    2003£168,033 £1,454 5
    2002£151,399 £1,811 10
    2001£125,363 £1,179 11
    2000£140,600 £1,032 5
    1999£123,850 £1,008 10
    1998£92,750 £976 4
    1997£68,333 £665 3
    1996£76,125 £762 4
    1995£36,500 £370 2
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£193,0001
    2023£135,000 £4,091 1
    2022£172,500 £2,615 2
    2021£143,000 £2,643 3
    2020£127,625 £2,316 4
    2019£178,750 £2,687 2
    2018£152,500 £2,739 2
    2017£156,500 £2,298 2
    2016£135,100 £2,426 5
    2015£124,900 £2,243 5
    2014£110,000 £1,862 7
    2013£107,188 £1,627 8
    2009£130,500 £1,904 3
    2008£123,583 £1,866 6
    2007£103,250 £2,179 4
    2006£103,286 £2,037 7
    2005£88,825 £1,943 4
    2004£84,082 £1,671 6
    2003£65,380 £1,369 5
    2002£72,375 £1,271 2
    2001£47,125 £975 4
    2000£42,750 £921 2
    1999£33,500 £728 1
    1998£27,267 £682 6
    1997£20,000 £702 1
    1996£20,812 £485 4
    1995£23,250 £500 2

    House Type in MK1 1RE area

    The most common house types in the MK1 1RE postcode area are Semi-detached (81), Terraced (15), and Detached (12).

    Total110
    Semi-detached81
    Terraced15
    Detached12
    temporary structure2
    Flat0
    Shared house0
    converted building0
    commercial building0

    Tenure of household

    As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (44), and Owned: Owns outright (23).

    Social rented: Rents from council or Local Authority44
    Owned: Owns outright23
    Owned: Owns with a mortgage or loan23
    Private rented: Private landlord or letting agency12
    Social rented: Other social rented3
    Lives rent free2
    Private rented: Other private rented1
    Does not apply0
    Shared ownership: Shared ownership0

    Number of People in a Household

    The most houses in the MK1 1RE have 1 person in household (42), and 2 people in household (28).

    1 person in household42
    2 people in household28
    3 people in household16
    4 people in household9
    5 people in household9
    6 people in household4
    0 people in household0
    7 people in household0
    8 or more people in household0