Housing Market Analysis for SOVEREIGN DRIVE, MK15 8AH

Are you looking to understand MK15 8AH 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 MK15 8AH area, explore the MK15 8AH Area information page.
For comprehensive crime statistics in the MK15 8AH area, explore the MK15 8AH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK15 8AH postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £68,700 median price is £53,000 Standard Deviation is £34,423 with Total Sold: 5
    • The most recent sale happened at this postcode is 1 SOVEREIGN DRIVE: £135,000 (Sold on 26 Aug 2005)
    • The first recorded sale happened at this postcode is 5 SOVEREIGN DRIVE: £41,000 (Sold on 19 May 1995)
  • Detached
    • The average price is around £77,000 median price is £77,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SOVEREIGN DRIVE: £77,000 (Sold on 12 May 2003)
    • The first recorded sale happened at this postcode is 3 SOVEREIGN DRIVE: £77,000 (Sold on 12 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average MK15 8AH 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£135,000 £1,709 1
2000£68,5001
1998£53,0001
1995£43,5002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£77,0001

All the Sales in the SOVEREIGN DRIVE, MK15 8AH

See the table below for more details on the sold house prices in the MK15 8AH, Milton Keynes postcode.

AddressSold DatePrice% Change
1 SOVEREIGN DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1983-199026 Aug 2005£135,000First Sale
3 SOVEREIGN DRIVEDetached, Freehold12 May 2003£77,000First Sale
11 SOVEREIGN DRIVESemi-Detached, Freehold15 Sep 2000£68,50029.25%
24 Jul 1998£53,000First Sale
5 SOVEREIGN DRIVESemi-Detached, Freehold30 Aug 1995£46,00012.20%
19 May 1995£41,000First Sale

Check out the sold house prices near the MK15 8AH postcode. Properties currently for saleProperties currently for rent

SOVEREIGN DRIVE, MK15 8AH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK15 8AH 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 MK15 8AH postcode.

  • Semi-Detached
    • The average price is around £140,721 median price is £130,000 Standard Deviation is £86,156 with Total Sold: 849
    • The Last 5 Year average price is £276,132 with Total Sold: 97
    • The most recent sale happened at this postcode is , 5 CUTLERS MEWS: £325,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 24 KEMBLE COURT: £43,000 (Sold on 11 Jan 1995)
  • Detached
    • The average price is around £250,315 median price is £225,000 Standard Deviation is £156,791 with Total Sold: 482
    • The Last 5 Year average price is £431,524 with Total Sold: 83
    • The most recent sale happened at this postcode is , 8 SANDYWELL DRIVE: £362,500 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 WAVELL COURT: £85,500 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £143,280 median price is £142,750 Standard Deviation is £75,600 with Total Sold: 730
    • The Last 5 Year average price is £249,622 with Total Sold: 95
    • The most recent sale happened at this postcode is , 49 GLAZIER DRIVE: £245,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 59 ANGEL CLOSE: £41,000 (Sold on 26 Jan 1995)
  • Flat
    • The average price is around £84,215 median price is £76,000 Standard Deviation is £50,912 with Total Sold: 149
    • The Last 5 Year average price is £164,926 with Total Sold: 17
    • The most recent sale happened at this postcode is , 3 GUNMAKER COURT: £175,000 (Sold on 16 Jan 2024)
    • The first recorded sale happened at this postcode is , 19 GILDERS MEWS: £29,500 (Sold on 17 Jan 1995)
  • Other
    • The average price is around £809,390 median price is £230,000 Standard Deviation is £1,248,857 with Total Sold: 5
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 13 GILDERS MEWS: £235,000 (Sold on 15 Feb 2019)
    • The first recorded sale happened at this postcode is , 16 TOWER CRESCENT: £67,868 (Sold on 28 Feb 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,750 £2,990 8
2023£323,000 £3,613 18
2022£300,875 £3,605 20
2021£255,704 £3,667 23
2020£245,281 £2,839 16
2019£197,133 £2,563 12
2018£229,595 £2,874 21
2017£234,755 £2,636 27
2016£235,805 £3,010 18
2015£194,963 £2,495 15
2014£190,382 £2,519 17
2013£156,000 £1,834 15
2012£150,762 £2,101 21
2011£165,111 £1,944 18
2010£155,604 £2,061 12
2009£141,373 £1,616 10
2008£157,860 £2,063 15
2007£172,332 £2,107 40
2006£160,908 £1,913 55
2005£142,470 £1,728 29
2004£143,336 £1,823 55
2003£125,655 £1,578 39
2002£109,062 £1,327 49
2001£91,175 £1,189 45
2000£76,989 £950 41
1999£67,351 £823 49
1998£60,265 £720 42
1997£53,403 £651 39
1996£46,704 £600 42
1995£48,878 £629 38
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£404,500 £4,357 3
2023£513,125 £3,883 12
2022£517,219 £4,412 16
2021£426,500 £3,673 18
2020£362,536 £2,978 14
2019£370,875 £2,952 20
2018£394,500 £3,067 7
2017£333,800 £2,999 5
2016£354,867 £3,139 15
2015£387,463 £2,690 19
2014£302,548 £2,366 18
2013£244,404 £2,422 13
2012£270,856 £2,521 7
2011£273,000 £1,920 8
2010£257,786 £1,861 7
2009£252,312 £1,972 8
2008£363,833 £2,356 6
2007£274,296 £2,414 27
2006£274,153 £2,010 24
2005£232,357 £1,969 21
2004£227,911 £1,951 17
2003£176,967 £1,738 15
2002£254,640 £1,585 21
2001£141,499 £1,141 24
2000£133,331 £1,004 24
1999£129,886 £1,000 22
1998£112,863 £962 22
1997£95,918 £827 25
1996£91,677 £778 24
1995£86,737 £681 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,831 £3,222 4
2023£331,222 £3,492 9
2022£272,625 £3,065 16
2021£230,815 £2,628 27
2020£237,862 £2,511 14
2019£223,109 £2,503 25
2018£236,794 £2,593 17
2017£203,065 £2,538 23
2016£210,664 £2,422 29
2015£187,942 £2,219 27
2014£167,645 £1,866 20
2013£152,494 £1,800 25
2012£142,486 £1,602 18
2011£137,375 £1,519 12
2010£145,406 £1,584 16
2009£139,000 £1,456 12
2008£164,167 £1,851 21
2007£164,651 £1,863 33
2006£152,074 £1,746 40
2005£161,308 £1,602 36
2004£133,950 £1,617 40
2003£125,225 £1,417 36
2002£101,427 £1,076 42
2001£83,401 £895 34
2000£67,023 £754 28
1999£55,577 £645 25
1998£54,508 £609 26
1997£43,345 £547 25
1996£44,498 £474 24
1995£40,763 £447 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,000 £3,289 1
2023£175,500 £2,659 2
2022£162,833 £2,823 6
2021£203,500 £3,646 2
2020£148,350 £2,103 5
2019£152,000 £2,980 1
2018£136,225 £2,523 4
2017£187,500 £3,289 1
2016£155,000 £2,763 3
2015£133,520 £2,251 5
2014£68,750 £1,217 2
2013£85,667 £1,585 3
2012£100,250 £1,754 4
2011£117,450 £1,833 5
2010£95,000 £1,590 4
2009£80,300 £753 6
2008£87,667 £1,631 3
2007£85,429 £1,277 14
2006£93,716 £1,754 9
2005£108,122 £2,074 4
2004£82,667 £1,151 3
2003£97,400 £1,564 5
2002£66,136 £1,161 7
2001£53,548 £1,283 5
2000£38,999 £758 7
1999£41,100 £785 10
1998£44,622 £698 4
1997£22,350 £338 7
1996£22,417 £402 6
1995£25,511 £472 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£235,000 £1,926 1
2018£220,000 £2,623 2
2016£3,304,0811
2013£67,8681

House Type in MK15 8AH area

The most common house types in the MK15 8AH postcode area are Semi-detached (57), Terraced (41), and Flat (28).

Total136
Semi-detached57
Terraced41
Flat28
Detached9
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (47), and Owned: Owns with a mortgage or loan (39).

Social rented: Rents from council or Local Authority47
Owned: Owns with a mortgage or loan39
Owned: Owns outright19
Private rented: Private landlord or letting agency15
Social rented: Other social rented9
Shared ownership: Shared ownership3
Private rented: Other private rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the MK15 8AH have 1 person in household (46), and 2 people in household (38).

1 person in household46
2 people in household38
3 people in household25
4 people in household18
5 people in household4
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0