Housing Market Analysis for BOWES CLOSE, MK16 0LJ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £179,667 median price is £149,000 Standard Deviation is £110,738 with Total Sold: 3
    • The Last 5 Year average price is £328,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 BOWES CLOSE: £328,000 (Sold on 25 Sep 2020)
    • The first recorded sale happened at this postcode is 3 BOWES CLOSE: £62,000 (Sold on 08 Aug 1997)
  • Semi-Detached
    • The average price is around £155,249 median price is £168,500 Standard Deviation is £62,762 with Total Sold: 6
    • The most recent sale happened at this postcode is 6 BOWES CLOSE: £260,000 (Sold on 04 Dec 2015)
    • The first recorded sale happened at this postcode is 2 BOWES CLOSE: £64,000 (Sold on 26 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 0LJ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£328,000 £2,877 1
2004£149,000 £1,307 1
1997£62,000 £544 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£260,000 £2,453 1
2010£173,498 £1,801 2
2004£165,000 £1,557 1
2000£95,500 £901 1
1997£64,0001

All the Sales in the BOWES CLOSE, MK16 0LJ

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

AddressSold DatePrice% Change
3 BOWES CLOSETerraced, FreeholdArea: 114 Sq.mtrAge: 1976-198225 Sep 2020£328,000120.13%
27 Feb 2004£149,000140.32%
08 Aug 1997£62,000First Sale
6 BOWES CLOSESemi-Detached, FreeholdArea: 106 Sq.mtrAge: 1967-197504 Dec 2015£260,00048.58%
22 Apr 2010£174,9956.06%
06 Feb 2004£165,00072.77%
18 Feb 2000£95,500First Sale
4 BOWES CLOSESemi-Detached, FreeholdArea: 88.2 Sq.mtrAge: 1950-196605 Nov 2010£172,000First Sale
2 BOWES CLOSESemi-Detached, Freehold26 Sep 1997£64,000First Sale

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

BOWES CLOSE, MK16 0LJ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £147,730 median price is £140,000 Standard Deviation is £87,182 with Total Sold: 1,155
    • The Last 5 Year average price is £264,035 with Total Sold: 163
    • 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 £236,598 median price is £217,500 Standard Deviation is £143,301 with Total Sold: 501
    • The Last 5 Year average price is £446,000 with Total Sold: 71
    • 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 £171,799 median price is £162,250 Standard Deviation is £106,965 with Total Sold: 886
    • The Last 5 Year average price is £320,781 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 £127,790 median price is £125,000 Standard Deviation is £60,129 with Total Sold: 359
    • The Last 5 Year average price is £175,852 with Total Sold: 61
    • 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 £281,429 median price is £295,000 Standard Deviation is £181,858 with Total Sold: 39
    • The Last 5 Year average price is £273,609 with Total Sold: 23
    • 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£340,625 £4,177 16
2023£269,555 £3,818 28
2022£291,857 £4,417 28
2021£265,131 £3,661 42
2020£242,255 £3,469 18
2019£205,548 £3,540 31
2018£259,484 £3,494 31
2017£251,431 £3,527 29
2016£226,318 £3,245 35
2015£209,484 £2,920 34
2014£193,824 £2,647 37
2013£171,506 £2,448 40
2012£147,030 £2,424 37
2011£148,330 £2,283 25
2010£157,259 £2,233 27
2009£147,444 £2,354 27
2008£150,353 £2,350 17
2007£174,939 £2,526 50
2006£153,322 £2,241 51
2005£146,026 £2,027 46
2004£145,720 £2,151 42
2003£131,516 £2,059 49
2002£104,088 £1,577 67
2001£86,312 £1,304 51
2000£73,035 £1,144 53
1999£59,665 £981 55
1998£52,865 £856 61
1997£46,950 £743 60
1996£42,231 £653 42
1995£40,655 £615 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£463,000 £3,295 5
2023£480,700 £4,336 10
2022£487,654 £4,382 13
2021£427,865 £4,435 26
2020£438,438 £3,946 8
2019£396,944 £3,696 9
2018£399,400 £3,932 15
2017£380,556 £3,400 9
2016£400,292 £3,596 12
2015£301,000 £2,991 11
2014£274,233 £2,698 15
2013£280,107 £2,272 14
2012£270,917 £2,388 12
2011£254,615 £2,172 13
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£290,285 £2,047 14
2005£291,929 £2,823 14
2004£230,750 £1,984 20
2003£197,690 £2,040 30
2002£164,270 £1,547 22
2001£159,569 £1,304 24
2000£150,806 £1,234 25
1999£117,364 £935 27
1998£92,573 £958 30
1997£89,873 £872 38
1996£81,807 £669 22
1995£80,243 £612 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£321,071 £4,639 7
2023£343,000 £3,959 31
2022£339,366 £4,315 15
2021£306,225 £3,678 30
2020£344,285 £3,432 14
2019£283,304 £3,319 23
2018£307,425 £3,547 20
2017£284,806 £3,438 24
2016£278,172 £3,164 23
2015£280,354 £2,940 26
2014£236,826 £2,724 23
2013£205,498 £2,458 23
2012£190,026 £2,384 19
2011£187,125 £2,148 16
2010£196,429 £2,171 29
2009£196,355 £2,001 19
2008£194,600 £1,982 15
2007£176,937 £2,367 33
2006£175,855 £2,284 40
2005£181,781 £2,097 39
2004£157,289 £2,028 49
2003£147,020 £1,816 34
2002£118,813 £1,478 38
2001£105,839 £1,352 33
2000£84,756 £1,213 36
1999£69,221 £812 56
1998£63,833 £806 55
1997£65,349 £710 46
1996£54,826 £665 48
1995£53,298 £640 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,600 £3,675 5
2023£161,500 £3,126 13
2022£189,833 £3,359 12
2021£182,909 £3,193 11
2020£161,000 £2,816 12
2019£187,188 £3,275 8
2018£185,000 £3,110 11
2017£150,778 £3,039 16
2016£170,786 £2,900 14
2015£147,367 £2,602 15
2014£133,942 £2,345 18
2013£113,056 £2,066 9
2012£125,399 £2,014 5
2011£111,312 £1,927 16
2010£131,895 £2,421 19
2009£142,710 £2,187 6
2008£150,454 £3,436 11
2007£169,295 £3,317 22
2006£129,117 £2,612 36
2005£104,286 £1,951 7
2004£123,545 £2,145 10
2003£103,743 £1,836 7
2002£100,498 £1,356 10
2001£75,360 £1,310 9
2000£65,312 £1,130 8
1999£52,393 £924 7
1998£47,197 £848 16
1997£35,167 £665 9
1996£34,907 £673 10
1995£27,071 £520 7
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£273,7504
2019£464,500 £5,761 4
2018£427,5704
2017£283,328 £5,172 6
2016£222,875 £1,831 4
2015£190,5002

House Type in MK16 0LJ area

The most common house types in the MK16 0LJ 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 0LJ 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