Housing Market Analysis for SOVEREIGN DRIVE, MK15 8AJ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £80,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 SOVEREIGN DRIVE: £200,000 (Sold on 21 Oct 2016)
    • The first recorded sale happened at this postcode is 4 SOVEREIGN DRIVE: £40,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK15 8AJ 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
2016£200,000 £2,597 1
1995£40,000 £519 1

All the Sales in the SOVEREIGN DRIVE, MK15 8AJ

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

AddressSold DatePrice% Change
4 SOVEREIGN DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1976-198221 Oct 2016£200,000400.00%
17 Mar 1995£40,000First Sale

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

SOVEREIGN DRIVE, MK15 8AJ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £140,911 median price is £130,000 Standard Deviation is £85,835 with Total Sold: 872
    • The Last 5 Year average price is £276,437 with Total Sold: 99
    • 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 £245,428 median price is £220,000 Standard Deviation is £153,459 with Total Sold: 519
    • The Last 5 Year average price is £420,264 with Total Sold: 91
    • 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 £142,409 median price is £142,500 Standard Deviation is £74,906 with Total Sold: 783
    • The Last 5 Year average price is £247,941 with Total Sold: 100
    • The most recent sale happened at this postcode is , 19 COOPERS MEWS: £150,000 (Sold on 02 Aug 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 £85,119 median price is £79,995 Standard Deviation is £50,087 with Total Sold: 161
    • The Last 5 Year average price is £159,975 with Total Sold: 20
    • 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 £707,325 median price is £220,000 Standard Deviation is £1,162,665 with Total Sold: 6
    • The Last 5 Year average price is £216,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 24 COOPERS MEWS: £197,000 (Sold on 14 Sep 2022)
    • 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£300,357 £3,581 21
2021£251,645 £3,626 22
2020£253,444 £2,829 18
2019£197,133 £2,563 12
2018£229,595 £2,874 21
2017£238,238 £2,644 29
2016£236,342 £3,041 19
2015£194,963 £2,495 15
2014£188,250 £2,450 18
2013£156,000 £1,834 15
2012£150,762 £2,101 21
2011£162,941 £1,940 17
2010£149,568 £2,033 11
2009£144,429 £1,683 11
2008£155,935 £2,050 17
2007£172,182 £2,111 40
2006£160,696 £1,913 56
2005£142,945 £1,709 34
2004£142,509 £1,817 57
2003£127,251 £1,601 42
2002£108,756 £1,333 49
2001£90,785 £1,164 47
2000£77,060 £943 42
1999£66,830 £816 49
1998£59,539 £720 41
1997£53,403 £651 39
1996£46,704 £600 42
1995£48,923 £622 41
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£386,700 £4,357 5
2023£501,346 £3,883 13
2022£498,083 £4,427 18
2021£413,861 £3,656 18
2020£359,367 £3,008 15
2019£363,068 £3,002 22
2018£383,312 £3,048 8
2017£330,250 £3,036 6
2016£337,371 £3,169 17
2015£370,800 £2,654 21
2014£306,625 £2,344 19
2013£243,938 £2,457 12
2012£249,111 £2,498 9
2011£273,000 £1,920 8
2010£242,722 £1,813 9
2009£242,450 £1,973 10
2008£363,833 £2,356 6
2007£270,428 £2,463 28
2006£269,611 £1,981 24
2005£232,357 £1,969 21
2004£218,736 £1,920 19
2003£176,967 £1,738 15
2002£235,758 £1,617 25
2001£138,407 £1,163 27
2000£134,679 £962 22
1999£127,673 £993 23
1998£109,379 £947 25
1997£92,671 £819 26
1996£87,655 £765 27
1995£86,583 £677 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,265 £3,222 5
2023£322,332 £3,473 9
2022£270,706 £3,064 17
2021£230,815 £2,628 27
2020£239,338 £2,530 15
2019£225,471 £2,507 27
2018£237,330 £2,577 20
2017£204,154 £2,474 26
2016£210,742 £2,399 30
2015£186,090 £2,235 27
2014£167,404 £1,867 22
2013£148,639 £1,765 24
2012£144,723 £1,599 19
2011£137,375 £1,519 12
2010£149,249 £1,569 18
2009£139,000 £1,456 12
2008£164,841 £1,857 22
2007£163,819 £1,871 36
2006£153,704 £1,777 44
2005£159,040 £1,632 40
2004£133,854 £1,608 41
2003£125,840 £1,425 37
2002£100,629 £1,076 47
2001£80,736 £874 39
2000£67,538 £774 30
1999£55,423 £647 27
1998£54,887 £621 29
1997£44,189 £564 27
1996£44,921 £484 26
1995£41,494 £455 28
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£139,250 £2,092 6
2019£151,333 £2,809 3
2018£136,225 £2,523 4
2017£187,500 £3,289 1
2016£155,000 £2,669 4
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£92,000 £1,609 5
2009£80,300 £753 6
2008£87,667 £1,631 3
2007£85,923 £1,277 13
2006£93,716 £1,754 9
2005£108,122 £2,074 4
2004£89,500 £1,322 4
2003£98,333 £1,595 6
2002£70,216 £1,168 9
2001£53,391 £1,169 7
2000£41,062 £786 8
1999£42,090 £764 11
1998£44,622 £698 4
1997£23,056 £360 8
1996£23,100 £402 5
1995£25,511 £472 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£197,000 £3,031 1
2019£235,000 £1,926 1
2018£220,000 £2,623 2
2016£3,304,0811
2013£67,8681

House Type in MK15 8AJ area

The most common house types in the MK15 8AJ 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 8AJ 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