Housing Market Analysis for RICHMOND WAY, MK16 0LF

Are you looking to understand MK16 0LF 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 MK16 0LF area, explore the MK16 0LF Area information page.
For comprehensive crime statistics in the MK16 0LF area, explore the MK16 0LF Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK16 0LF postcode area, The average prices are as follows,

  • Detached
    • The average price is around £234,389 median price is £217,000 Standard Deviation is £118,707 with Total Sold: 9
    • The Last 5 Year average price is £398,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 29 RICHMOND WAY: £374,000 (Sold on 18 Mar 2021)
    • The first recorded sale happened at this postcode is 15 RICHMOND WAY: £80,000 (Sold on 11 Aug 1995)
  • Semi-Detached
    • The average price is around £264,667 median price is £271,500 Standard Deviation is £32,998 with Total Sold: 6
    • The most recent sale happened at this postcode is 28 RICHMOND WAY: £305,000 (Sold on 09 Nov 2018)
    • The first recorded sale happened at this postcode is 34 RICHMOND WAY: £210,000 (Sold on 15 Mar 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 0LF 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£374,000 £4,349 1
2020£423,000 £3,525 1
2017£357,500 £3,405 1
2011£240,000 £2,261 1
2010£217,000 £2,309 1
2003£189,0001
2001£143,0001
1997£86,000 £717 1
1995£80,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£305,000 £3,720 1
2017£281,500 £3,682 2
2016£275,000 £3,354 1
2015£235,000 £3,013 1
2013£210,000 £2,692 1

All the Sales in the RICHMOND WAY, MK16 0LF

See the table below for more details on the sold house prices in the MK16 0LF, Milton Keynes postcode.

AddressSold DatePrice% Change
29 RICHMOND WAYDetached, FreeholdArea: 86 Sq.mtrAge: 1976-198218 Mar 2021£374,000First Sale
13 RICHMOND WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1976-198221 Aug 2020£423,000391.86%
02 May 1997£86,000First Sale
28 RICHMOND WAYSemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1967-197509 Nov 2018£305,00010.91%
09 Dec 2016£275,000First Sale
35 RICHMOND WAYSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1967-197530 Aug 2017£295,000First Sale
23 RICHMOND WAYDetached, FreeholdArea: 105 Sq.mtrAge: 1967-197524 Aug 2017£357,500First Sale
32 RICHMOND WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-197527 Jan 2017£268,000First Sale
34 RICHMOND WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1976-198224 Jul 2015£235,00011.90%
15 Mar 2013£210,000First Sale
31 RICHMOND WAYDetached, FreeholdArea: 106.13 Sq.mtrAge: 1967-197524 Nov 2011£240,000First Sale
20 RICHMOND WAYDetached, FreeholdArea: 94 Sq.mtrAge: 1967-197529 Oct 2010£217,000First Sale
21 RICHMOND WAYDetached, Freehold21 Feb 2003£189,00032.17%
29 Aug 2001£143,000First Sale
15 RICHMOND WAYDetached, Freehold11 Aug 1995£80,000First Sale

Check out the sold house prices near the MK16 0LF postcode. Properties currently for saleProperties currently for rent

RICHMOND WAY, MK16 0LF Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK16 0LF 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 MK16 0LF postcode.

  • Terraced
    • The average price is around £147,787 median price is £140,000 Standard Deviation is £86,895 with Total Sold: 1,224
    • The Last 5 Year average price is £264,614 with Total Sold: 172
    • The most recent sale happened at this postcode is , 26 TICKFORD STREET: £317,500 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 FREDERICA COTTAGES: £37,750 (Sold on 10 Jan 1995)
  • Detached
    • The average price is around £240,836 median price is £219,000 Standard Deviation is £147,519 with Total Sold: 529
    • The Last 5 Year average price is £450,013 with Total Sold: 75
    • The most recent sale happened at this postcode is , 10 GLADSTONE CLOSE: £500,000 (Sold on 05 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 DOVE CLOSE: £100,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £171,912 median price is £160,000 Standard Deviation is £108,103 with Total Sold: 910
    • The Last 5 Year average price is £326,002 with Total Sold: 120
    • The most recent sale happened at this postcode is , 9 BURY STREET: £282,500 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 ELTHORNE WAY: £58,000 (Sold on 27 Feb 1995)
  • Flat
    • The average price is around £126,413 median price is £124,000 Standard Deviation is £58,704 with Total Sold: 414
    • The Last 5 Year average price is £174,957 with Total Sold: 69
    • The most recent sale happened at this postcode is , 29 GREEN FARM ROAD: £220,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 53 RUSKIN COURT: £28,000 (Sold on 23 Feb 1995)
  • Other
    • The average price is around £279,767 median price is £272,500 Standard Deviation is £186,884 with Total Sold: 52
    • The Last 5 Year average price is £275,920 with Total Sold: 25
    • The most recent sale happened at this postcode is , 22 ST JOHN STREET: £200,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is , 53 HIGH STREET: £380,000 (Sold on 24 Jul 2015)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£335,882 £4,177 17
2023£271,856 £3,898 31
2022£294,483 £4,405 29
2021£265,131 £3,661 42
2020£236,779 £3,417 20
2019£211,061 £3,590 33
2018£258,727 £3,488 33
2017£250,078 £3,630 32
2016£225,714 £3,254 38
2015£207,484 £2,961 34
2014£193,712 £2,649 40
2013£171,268 £2,449 41
2012£147,042 £2,426 38
2011£150,589 £2,310 28
2010£157,179 £2,268 28
2009£147,444 £2,354 27
2008£154,000 £2,350 19
2007£176,055 £2,524 54
2006£153,804 £2,248 54
2005£146,212 £2,031 48
2004£147,030 £2,151 41
2003£131,417 £2,070 51
2002£106,052 £1,666 75
2001£86,878 £1,306 54
2000£73,198 £1,156 55
1999£60,056 £976 59
1998£52,885 £855 63
1997£47,173 £739 68
1996£42,214 £658 43
1995£41,139 £617 29
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,000 £3,295 5
2023£508,818 £4,240 11
2022£485,321 £4,372 14
2021£427,865 £4,435 26
2020£438,438 £3,946 8
2019£401,136 £3,842 11
2018£399,400 £3,932 15
2017£380,556 £3,400 9
2016£439,893 £3,694 14
2015£324,562 £3,061 12
2014£274,233 £2,698 15
2013£280,107 £2,272 14
2012£271,231 £2,437 13
2011£254,286 £2,206 14
2010£260,441 £2,466 17
2009£236,375 £2,081 10
2008£255,550 £2,715 10
2007£283,773 £2,474 11
2006£310,562 £2,029 16
2005£301,800 £2,825 15
2004£241,500 £2,056 22
2003£200,668 £2,040 31
2002£164,519 £1,547 23
2001£159,569 £1,304 24
2000£150,806 £1,234 25
1999£119,961 £964 30
1998£95,071 £958 31
1997£100,656 £937 46
1996£81,807 £669 22
1995£80,243 £612 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,250 £4,639 6
2023£343,000 £3,959 31
2022£350,566 £4,329 15
2021£309,653 £3,687 31
2020£379,615 £3,556 13
2019£283,208 £3,299 24
2018£306,977 £3,572 22
2017£290,017 £3,472 21
2016£284,172 £3,221 23
2015£280,354 £2,940 26
2014£238,521 £2,740 24
2013£207,352 £2,480 24
2012£188,333 £2,408 21
2011£187,125 £2,148 16
2010£198,266 £2,193 28
2009£194,038 £2,051 20
2008£194,600 £1,982 15
2007£178,939 £2,358 34
2006£180,305 £2,294 40
2005£184,653 £2,106 39
2004£159,650 £2,095 51
2003£149,388 £1,818 34
2002£123,454 £1,562 37
2001£105,839 £1,352 33
2000£88,672 £1,252 38
1999£70,593 £831 58
1998£65,169 £794 58
1997£65,608 £717 53
1996£56,258 £665 49
1995£53,560 £642 26
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,167 £3,065 6
2023£162,750 £3,199 14
2022£187,923 £3,359 13
2021£174,429 £3,041 14
2020£164,385 £2,849 13
2019£184,500 £3,329 9
2018£185,000 £3,110 11
2017£150,778 £3,039 16
2016£164,625 £2,900 16
2015£149,824 £2,816 17
2014£135,089 £2,379 22
2013£112,750 £2,034 10
2012£125,399 £2,014 5
2011£110,059 £1,927 17
2010£131,895 £2,421 19
2009£131,466 £2,187 7
2008£147,083 £3,225 12
2007£166,904 £3,226 26
2006£127,842 £2,577 40
2005£112,000 £2,060 14
2004£119,650 £2,145 13
2003£101,473 £1,953 11
2002£104,748 £1,520 14
2001£75,374 £1,310 10
2000£67,999 £1,130 10
1999£53,868 £924 11
1998£47,197 £848 16
1997£34,150 £609 10
1996£34,907 £673 10
1995£26,812 £505 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£276,667 £3,689 3
2023£222,478 £50 5
2021£199,659 £3,483 7
2020£279,0005
2019£432,600 £5,761 5
2018£427,5704
2017£333,052 £4,350 9
2016£210,102 £1,831 11
2015£210,3333

House Type in MK16 0LF area

The most common house types in the MK16 0LF postcode area are Semi-detached (76), Detached (57), and Flat (7).

Total144
Semi-detached76
Detached57
Flat7
Terraced4
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (80), and Owned: Owns with a mortgage or loan (49).

Owned: Owns outright80
Owned: Owns with a mortgage or loan49
Private rented: Private landlord or letting agency6
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK16 0LF have 2 people in household (58), and 1 person in household (34).

2 people in household58
1 person in household34
3 people in household26
4 people in household21
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0