Housing Market Analysis for SOUTHERN WAY, MK12 5ED

Are you looking to understand MK12 5ED 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 MK12 5ED area, explore the MK12 5ED Area information page.
For comprehensive crime statistics in the MK12 5ED area, explore the MK12 5ED Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK12 5ED postcode area, The average prices are as follows,

Semi-Detached
- The average price is around £155,125 median price is £138,250 Standard Deviation is £89,057 with Total Sold: 22
- The Last 5 Year average price is £311,000 with Total Sold: 3
- The most recent sale happened at this postcode is 48 SOUTHERN WAY: £370,000 (Sold on 15 Sep 2022)
- The first recorded sale happened at this postcode is 46 SOUTHERN WAY: £38,500 (Sold on 13 Feb 1996)
Terraced
- The average price is around £134,750 median price is £123,000 Standard Deviation is £57,469 with Total Sold: 4
- The most recent sale happened at this postcode is 8 SOUTHERN WAY: £226,000 (Sold on 18 May 2018)
- The first recorded sale happened at this postcode is 6 SOUTHERN WAY: £67,000 (Sold on 12 May 2000)
Other
- The average price is around £45,000 median price is £45,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 30 SOUTHERN WAY: £45,000 (Sold on 31 Jan 2018)
- The first recorded sale happened at this postcode is 30 SOUTHERN WAY: £45,000 (Sold on 31 Jan 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average MK12 5ED 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£370,000	£3,333	1
2021	£315,000	£3,539	1
2020	£248,000	£2,787	1
2018	£257,000	£2,848	2
2015	£199,000	£2,695	2
2012	£130,000	£1,275	1
2011	£117,000	£1,481	1
2009	£145,000	£1,812	1
2008	£164,625	£1,962	2
2006	£138,250	£1,895	2
2004	£115,500	£1,571	2
2002	£84,000	£1,063	1
2000	£84,500		1
1999	£39,250	£258	2
1997	£53,500	£482	1
1996	£38,500		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£226,000	£2,825	1
2009	£120,000	£1,649	1
2003	£126,000	£1,909	1
2000	£67,000	£1,015	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£45,000	£529	1

All the Sales in the SOUTHERN WAY, MK12 5ED

See the table below for more details on the sold house prices in the MK12 5ED, Milton Keynes postcode.

Address	Sold Date	Price	% Change
48 SOUTHERN WAYSemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	15 Sep 2022	£370,000	591.59%
	30 May 1997	£53,500	First Sale
44 SOUTHERN WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1950-1966	21 May 2021	£315,000	27.02%
	03 Mar 2020	£248,000	978.26%
	20 Dec 1999	£23,000	First Sale
2 SOUTHERN WAYSemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1930-1949	17 Oct 2018	£230,000	96.58%
	30 Jun 2011	£117,000	-24.52%
	31 Jan 2008	£155,000	14.81%
	06 Nov 2006	£135,000	8.00%
	28 Jun 2004	£125,000	48.81%
	28 Feb 2002	£84,000	First Sale
20 SOUTHERN WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1950-1966	22 May 2018	£284,000	118.46%
	29 Feb 2012	£130,000	First Sale
8 SOUTHERN WAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	18 May 2018	£226,000	First Sale
30 SOUTHERN WAYOther, FreeholdArea: 85 Sq.mtrAge: 1930-1949	31 Jan 2018	£45,000	First Sale
12 SOUTHERN WAYSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1950-1966	25 Sep 2015	£188,000	32.86%
	31 Mar 2006	£141,500	33.49%
	11 Mar 2004	£106,000	First Sale
10 SOUTHERN WAYSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1950-1966	07 Aug 2015	£210,000	44.83%
	07 Aug 2009	£145,000	First Sale
36 SOUTHERN WAYTerraced, FreeholdArea: 72.77 Sq.mtrAge: 1950-1966	13 Nov 2009	£120,000	First Sale
22 SOUTHERN WAYSemi-Detached, Freehold	29 Aug 2008	£174,250	First Sale
6 SOUTHERN WAYTerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	07 Aug 2003	£126,000	88.06%
	12 May 2000	£67,000	First Sale
46 SOUTHERN WAYSemi-Detached, Freehold	22 Sep 2000	£84,500	119.48%
46 SOUTHERN WAYSemi-Detached, Freehold	13 Feb 1996	£38,500	First Sale
54 SOUTHERN WAYSemi-Detached, Freehold	30 Nov 1999	£55,500	First Sale

Check out the sold house prices near the MK12 5ED postcode. Properties currently for saleProperties currently for rent

SOUTHERN WAY, MK12 5ED Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK12 5ED 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 MK12 5ED postcode.

Terraced
- The average price is around £142,806 median price is £139,000 Standard Deviation is £79,769 with Total Sold: 1,529
- The Last 5 Year average price is £268,472 with Total Sold: 190
- The most recent sale happened at this postcode is , 96 CAMBRIDGE STREET: £400,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 61 AYLESBURY STREET: £30,000 (Sold on 06 Jan 1995)
Semi-Detached
- The average price is around £153,711 median price is £145,000 Standard Deviation is £85,731 with Total Sold: 648
- The Last 5 Year average price is £288,105 with Total Sold: 101
- The most recent sale happened at this postcode is , 14 MARINA DRIVE: £342,500 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 37 SOUTHERN WAY: £29,500 (Sold on 20 Feb 1995)
Flat
- The average price is around £79,270 median price is £75,000 Standard Deviation is £47,614 with Total Sold: 81
- The Last 5 Year average price is £140,542 with Total Sold: 12
- The most recent sale happened at this postcode is , 59A GREEN LANE: £127,500 (Sold on 20 Oct 2023)
- The first recorded sale happened at this postcode is , 32 VIENNA GROVE: £32,000 (Sold on 20 Jan 1995)
Detached
- The average price is around £200,773 median price is £164,500 Standard Deviation is £116,219 with Total Sold: 90
- The Last 5 Year average price is £332,934 with Total Sold: 14
- The most recent sale happened at this postcode is , 83 CAMBRIDGE STREET: £275,000 (Sold on 10 Aug 2023)
- The first recorded sale happened at this postcode is , 1B GREEN LANE: £80,000 (Sold on 07 Jul 1995)
Other
- The average price is around £219,250 median price is £253,500 Standard Deviation is £106,673 with Total Sold: 4
- The Last 5 Year average price is £277,333 with Total Sold: 3
- The most recent sale happened at this postcode is , 69 GLOUCESTER ROAD: £325,000 (Sold on 17 Feb 2021)
- The first recorded sale happened at this postcode is , 30 SOUTHERN WAY: £45,000 (Sold on 31 Jan 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£301,667	£2,754	15
2023	£302,339	£2,966	31
2022	£270,938	£2,835	32
2021	£261,256	£2,578	41
2020	£255,850	£2,470	30
2019	£245,249	£2,439	41
2018	£232,233	£2,358	45
2017	£244,894	£2,480	48
2016	£224,691	£2,213	47
2015	£184,382	£1,891	34
2014	£174,205	£1,680	53
2013	£156,674	£1,550	40
2012	£157,731	£1,493	26
2011	£157,212	£1,479	33
2010	£150,435	£1,429	30
2009	£146,330	£1,439	36
2008	£171,266	£1,608	30
2007	£163,167	£1,657	77
2006	£150,056	£1,505	88
2005	£151,977	£1,476	61
2004	£135,396	£1,360	69
2003	£123,998	£1,232	76
2002	£105,028	£1,035	69
2001	£82,230	£835	75
2000	£71,206	£691	67
1999	£58,061	£556	62
1998	£58,352	£517	75
1997	£49,102	£458	69
1996	£40,960	£396	72
1995	£40,255	£392	57

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£316,909	£4,002	11
2023	£307,643	£3,543	14
2022	£308,878	£3,595	16
2021	£310,136	£3,517	22
2020	£249,773	£3,013	24
2019	£253,286	£2,945	14
2018	£263,933	£3,093	15
2017	£249,450	£2,857	20
2016	£227,352	£2,632	14
2015	£198,038	£2,552	13
2014	£175,999	£2,100	16
2013	£174,883	£2,080	17
2012	£143,375	£1,736	12
2011	£154,464	£1,860	14
2010	£170,188	£1,836	16
2009	£146,261	£1,716	19
2008	£166,533	£1,797	21
2007	£172,295	£1,782	32
2006	£149,547	£1,849	35
2005	£149,074	£1,697	27
2004	£135,050	£1,561	35
2003	£120,663	£1,299	27
2002	£99,412	£1,208	32
2001	£92,175	£988	34
2000	£68,484	£759	26
1999	£55,437	£562	31
1998	£62,273	£680	24
1997	£50,137	£592	25
1996	£43,558	£446	26
1995	£42,347	£453	16

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£145,333	£2,779	3
2022	£167,500	£3,384	1
2021	£127,500	£2,303	4
2020	£107,500	£1,524	2
2019	£179,000	£3,040	2
2017	£140,000	£3,278	3
2016	£129,998	£1,927	2
2015	£120,525	£1,774	4
2012	£98,250	£1,547	2
2010	£125,000	£1,420	1
2009	£110,000	£1,375	1
2008	£105,333	£1,775	3
2007	£110,286	£1,906	7
2006	£99,639	£1,561	5
2005	£82,000		2
2004	£49,750		2
2003	£67,000		1
2002	£39,874	£1,027	4
2001	£44,667	£931	3
2000	£35,700	£722	5
1999	£43,750	£830	4
1998	£34,125	£595	8
1997	£24,199	£430	5
1996	£25,810	£520	5
1995	£27,000	£478	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£325,000	£3,435	4
2022	£437,192	£4,106	3
2021	£360,000	£4,800	1
2020	£266,667	£2,605	3
2019	£296,500	£2,775	3
2018	£382,498	£3,029	2
2017	£247,000	£2,317	1
2016	£374,281	£3,027	7
2015	£281,600	£2,219	3
2014	£162,333	£2,022	3
2013	£241,000	£2,434	1
2012	£168,700	£1,764	5
2009	£204,250	£1,533	4
2008	£159,000	£1,728	1
2007	£192,375	£1,921	4
2006	£182,562	£1,545	8
2005	£179,500	£1,973	4
2004	£123,500	£2,573	1
2003	£171,125	£1,889	4
2002	£137,700	£1,433	5
2001	£87,475	£937	2
2000	£79,333	£681	3
1999	£82,750	£606	4
1998	£101,500	£849	5
1997	£91,600	£661	5
1996	£50,083	£441	3
1995	£80,000	£860	1

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£325,000	£3,963	1
2020	£282,000	£2,390	1
2019	£225,000	£2,778	1
2018	£45,000	£529	1

House Type in MK12 5ED area

The most common house types in the MK12 5ED postcode area are Semi-detached (103), Terraced (13), and Detached (4).

Total	121
Semi-detached	103
Terraced	13
Detached	4
converted building	1
Flat	0
Shared house	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 (44), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright	44
Owned: Owns with a mortgage or loan	38
Social rented: Rents from council or Local Authority	22
Private rented: Private landlord or letting agency	10
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the MK12 5ED have 2 people in household (48), and 3 people in household (23).

2 people in household	48
3 people in household	23
1 person in household	17
4 people in household	14
5 people in household	7
6 people in household	5
8 or more people in household	5
0 people in household	0
7 people in household	0