Housing Market Analysis for WATERMILL LANE, MK12 5PR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £435,356 median price is £425,000 Standard Deviation is £146,523 with Total Sold: 7
    • The Last 5 Year average price is £725,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 WATERMILL LANE: £725,000 (Sold on 27 Sep 2021)
    • The first recorded sale happened at this postcode is 2 WATERMILL LANE: £249,995 (Sold on 10 Sep 1999)
  • Flat
    • The average price is around £233,375 median price is £231,500 Standard Deviation is £65,733 with Total Sold: 12
    • The most recent sale happened at this postcode is 6 WATERMILL LANE: £405,000 (Sold on 06 Oct 2014)
    • The first recorded sale happened at this postcode is 5 WATERMILL LANE: £165,000 (Sold on 06 Aug 1999)
  • Semi-Detached
    • The average price is around £532,000 median price is £532,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 WATERMILL LANE: £532,000 (Sold on 27 Aug 2010)
    • The first recorded sale happened at this postcode is 2 WATERMILL LANE: £532,000 (Sold on 27 Aug 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average MK12 5PR 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£725,000 £3,815 1
2010£492,500 £2,592 1
2009£485,000 £2,563 1
2003£390,000 £2,061 1
2002£425,000 £2,237 1
1999£264,998 £1,397 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£405,000 £3,830 1
2012£247,000 £3,765 1
2011£265,000 £2,543 1
2008£260,0001
2007£270,000 £4,116 1
2006£238,000 £2,284 1
2005£225,000 £2,159 1
2000£181,750 £2,176 2
1999£175,667 £1,794 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£532,000 £2,811 1

All the Sales in the WATERMILL LANE, MK12 5PR

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

AddressSold DatePrice% Change
1 WATERMILL LANEDetached, FreeholdArea: 190.02 Sq.mtrAge: before 190027 Sep 2021£725,00047.21%
30 Jul 2010£492,50015.88%
06 Dec 2002£425,00051.79%
17 Sep 1999£280,000First Sale
6 WATERMILL LANEFlat, LeaseholdArea: 105.75 Sq.mtrAge: 1996-200206 Oct 2014£405,00091.04%
25 Aug 1999£212,000First Sale
4 WATERMILL LANEFlat, LeaseholdArea: 65.6 Sq.mtrAge: 1900-192927 Apr 2012£247,000-8.52%
03 Jul 2007£270,00076.47%
14 Apr 2000£153,000First Sale
5 WATERMILL LANEFlat, LeaseholdArea: 104.2 Sq.mtrAge: 1996-200228 Sep 2011£265,00011.34%
04 Aug 2006£238,0005.78%
30 Jun 2005£225,0006.89%
18 Dec 2000£210,50027.58%
06 Aug 1999£165,000First Sale
2 WATERMILL LANESemi-Detached, FreeholdArea: 189.25 Sq.mtrAge: before 190027 Aug 2010£532,0009.69%
01 May 2009£485,00024.36%
12 Aug 2003£390,00056.00%
10 Sep 1999£249,995First Sale
3 WATERMILL LANEFlat, Leasehold19 Sep 2008£260,00073.33%
17 Dec 1999£150,000First Sale

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

WATERMILL LANE, MK12 5PR Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £182,254 median price is £176,500 Standard Deviation is £96,106 with Total Sold: 48
    • The Last 5 Year average price is £317,143 with Total Sold: 7
    • The most recent sale happened at this postcode is , 10 BRETON: £325,000 (Sold on 14 Aug 2023)
    • The first recorded sale happened at this postcode is , 8 BRETON: £54,000 (Sold on 12 May 1995)
  • Detached
    • The average price is around £281,368 median price is £277,500 Standard Deviation is £146,510 with Total Sold: 42
    • The Last 5 Year average price is £482,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , 35 BRETON: £380,000 (Sold on 02 Aug 2022)
    • The first recorded sale happened at this postcode is , 46 BRETON: £70,000 (Sold on 11 Aug 1995)
  • Flat
    • The average price is around £199,147 median price is £210,500 Standard Deviation is £78,657 with Total Sold: 17
    • The Last 5 Year average price is £140,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 61 BOUNDARY CRESCENT: £140,000 (Sold on 09 Dec 2021)
    • The first recorded sale happened at this postcode is , 5 WATERMILL LANE: £165,000 (Sold on 06 Aug 1999)
  • Semi-Detached
    • The average price is around £166,782 median price is £117,500 Standard Deviation is £119,465 with Total Sold: 23
    • The Last 5 Year average price is £400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 11 RYELAND: £400,000 (Sold on 03 Dec 2021)
    • The first recorded sale happened at this postcode is , 22 RYELAND: £74,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£318,750 £4,383 2
2021£340,000 £3,432 2
2020£326,250 £3,626 2
2019£250,000 £2,809 1
2018£263,000 £3,554 1
2017£285,375 £2,687 4
2016£290,000 £3,580 1
2013£220,000 £2,298 2
2012£164,011 £2,233 1
2011£235,000 £2,065 1
2009£220,0001
2008£150,0001
2007£205,333 £1,848 3
2006£139,000 £2,280 2
2005£181,333 £1,895 3
2004£177,600 £2,137 5
2003£60,0001
2002£105,000 £1,419 1
2001£112,0001
2000£111,983 £1,292 3
1999£87,000 £1,001 2
1998£105,0001
1997£57,750 £806 2
1996£59,312 £688 4
1995£54,000 £651 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£435,000 £3,605 2
2021£508,333 £3,856 3
2020£500,000 £4,340 1
2018£381,000 £4,233 1
2017£447,000 £2,629 1
2016£340,000 £2,615 1
2015£275,000 £2,594 1
2014£333,000 £2,782 3
2013£298,417 £2,337 3
2012£222,000 £2,581 1
2011£216,000 £2,687 1
2010£492,500 £2,592 1
2009£485,000 £2,563 1
2006£290,0003
2004£250,000 £2,155 1
2003£234,667 £1,777 3
2002£239,833 £1,770 3
2001£149,475 £1,636 2
2000£145,000 £1,250 1
1999£208,665 £1,261 3
1998£103,750 £951 2
1997£112,000 £730 1
1996£83,3752
1995£70,000 £722 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£140,000 £3,160 1
2014£226,000 £3,144 3
2012£247,000 £3,765 1
2011£192,500 £2,383 2
2008£260,0001
2007£270,000 £4,116 1
2006£238,000 £2,284 1
2005£225,000 £2,159 1
2003£52,000 £963 1
2000£181,750 £2,176 2
1999£175,667 £1,794 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£400,000 £4,082 1
2016£195,000 £3,274 2
2015£339,000 £2,868 1
2010£349,500 £2,184 2
2009£141,0001
2007£280,500 £2,373 1
2006£174,000 £1,254 2
2004£196,500 £1,415 1
2002£129,995 £970 1
2000£106,250 £1,131 2
1999£94,498 £757 2
1998£68,750 £620 2
1997£68,500 £798 2
1996£81,000 £680 2
1995£74,000 £626 1

House Type in MK12 5PR area

The most common house types in the MK12 5PR postcode area are Detached (34), Semi-detached (24), and Terraced (24).

Total100
Detached34
Semi-detached24
Terraced24
Flat13
converted building5
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (58), and Private rented: Private landlord or letting agency (22).

Owned: Owns with a mortgage or loan58
Private rented: Private landlord or letting agency22
Owned: Owns outright14
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK12 5PR have 1 person in household (21), and 2 people in household (21).

1 person in household21
2 people in household21
3 people in household19
4 people in household19
5 people in household11
6 people in household5
7 people in household1
0 people in household0
8 or more people in household0