Housing Market Analysis for LAKES LANE, MK16 8EE

Are you looking to understand MK16 8EE 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 8EE area, explore the MK16 8EE Area information page.
For comprehensive crime statistics in the MK16 8EE area, explore the MK16 8EE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK16 8EE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £380,900 median price is £425,000 Standard Deviation is £122,349 with Total Sold: 5
    • The most recent sale happened at this postcode is THE FIRS LAKES LANE: £425,000 (Sold on 07 Dec 2017)
    • The first recorded sale happened at this postcode is ASHILL COTTAGE LAKES LANE: £392,500 (Sold on 22 Jun 2004)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8EE 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
2017£425,000 £4,521 1
2013£492,0001
2012£450,0001
2007£145,0001
2004£392,5001

All the Sales in the LAKES LANE, MK16 8EE

See the table below for more details on the sold house prices in the MK16 8EE, Milton Keynes postcode.

AddressSold DatePrice% Change
THE FIRS LAKES LANEDetached, FreeholdArea: 94 Sq.mtrAge: 2003-200607 Dec 2017£425,000First Sale
ASHILL COTTAGE LAKES LANEDetached, Freehold15 Mar 2013£492,0009.33%
10 May 2012£450,00014.65%
22 Jun 2004£392,500First Sale
THE PADDOCKS LAKES LANEDetached, Freehold31 May 2007£145,000First Sale

Check out the sold house prices near the MK16 8EE postcode. Properties currently for saleProperties currently for rent

LAKES LANE, MK16 8EE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK16 8EE 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 8EE postcode.

  • Detached
    • The average price is around £244,448 median price is £234,500 Standard Deviation is £123,593 with Total Sold: 306
    • The Last 5 Year average price is £449,880 with Total Sold: 26
    • The most recent sale happened at this postcode is , 148 WESTBURY LANE: £488,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 14 HOUSMAN CLOSE: £75,000 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £138,541 median price is £138,000 Standard Deviation is £76,963 with Total Sold: 349
    • The Last 5 Year average price is £273,574 with Total Sold: 34
    • The most recent sale happened at this postcode is , 147 WESTBURY LANE: £344,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 4 CHRISTIE CLOSE: £38,000 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £172,821 median price is £165,000 Standard Deviation is £100,423 with Total Sold: 430
    • The Last 5 Year average price is £349,750 with Total Sold: 42
    • The most recent sale happened at this postcode is , 24 CHRISTIE CLOSE: £275,000 (Sold on 03 Jul 2024)
    • The first recorded sale happened at this postcode is , 2 SCOTT DRIVE: £46,500 (Sold on 28 Mar 1995)
  • Other
    • The average price is around £688,341 median price is £688,341 Standard Deviation is £353,341 with Total Sold: 2
    • The most recent sale happened at this postcode is , 6 WORDSWORTH AVENUE: £1,041,682 (Sold on 15 Sep 2019)
    • The first recorded sale happened at this postcode is , 10 THOMAS DRIVE: £335,000 (Sold on 01 Feb 2019)
  • Flat
    • The average price is around £86,833 median price is £92,000 Standard Deviation is £24,160 with Total Sold: 3
    • The most recent sale happened at this postcode is , 105 WORDSWORTH AVENUE: £113,500 (Sold on 08 Apr 2005)
    • The first recorded sale happened at this postcode is , 105 WORDSWORTH AVENUE: £55,000 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£487,250 £4,010 4
2023£509,250 £4,457 6
2022£420,125 £4,007 4
2021£409,542 £3,950 9
2020£442,000 £3,181 3
2019£375,000 £3,727 6
2018£447,000 £3,536 5
2017£376,944 £4,284 9
2016£344,123 £3,365 13
2015£347,083 £3,278 12
2014£306,500 £2,876 14
2013£298,333 £2,673 9
2012£300,773 £2,515 11
2011£232,375 £2,242 12
2010£243,614 £2,334 11
2009£250,227 £2,083 11
2008£294,250 £2,033 4
2007£240,215 £2,266 16
2006£259,727 £2,121 11
2005£290,400 £2,954 5
2004£250,136 £1,934 11
2003£229,496 £1,928 12
2002£174,940 £1,538 17
2001£149,893 £1,388 15
2000£141,268 £1,238 11
1999£108,750 £1,089 14
1998£115,936 £816 8
1997£105,667 £959 15
1996£87,983 £783 19
1995£85,011 £687 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,667 £3,956 6
2023£271,667 £3,904 3
2022£287,500 £4,456 6
2021£277,562 £3,807 8
2020£257,000 £3,372 11
2019£233,786 £3,501 7
2018£235,844 £3,558 16
2017£220,500 £3,837 7
2016£223,200 £3,644 10
2015£190,833 £3,002 12
2014£182,057 £2,757 14
2013£164,833 £2,408 6
2012£161,300 £2,482 10
2011£145,500 £2,150 8
2010£152,500 £2,141 5
2009£153,800 £2,436 5
2008£144,625 £2,390 4
2007£168,115 £2,809 13
2006£145,300 £2,429 10
2005£141,800 £2,350 15
2004£135,269 £2,252 13
2003£123,822 £1,927 20
2002£98,430 £1,678 13
2001£83,920 £1,216 24
2000£73,901 £1,225 32
1999£56,795 £909 21
1998£50,181 £688 15
1997£46,361 £832 18
1996£43,860 £687 10
1995£38,785 £688 7
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,250 £5,000 4
2023£437,500 £4,423 6
2022£327,188 £4,073 8
2021£332,667 £3,992 15
2020£354,667 £3,744 9
2019£259,500 £3,484 9
2018£280,929 £3,638 14
2017£289,861 £3,873 18
2016£269,692 £3,201 13
2015£267,400 £2,931 10
2014£213,500 £2,963 14
2013£210,250 £2,571 8
2012£186,499 £2,407 15
2011£160,633 £2,194 15
2010£195,375 £2,523 8
2009£154,851 £2,243 9
2008£189,700 £2,472 10
2007£191,919 £2,459 20
2006£172,545 £2,477 22
2005£169,854 £2,037 12
2004£170,887 £2,015 15
2003£151,333 £2,012 21
2002£109,845 £1,590 11
2001£114,789 £1,333 19
2000£90,381 £1,194 17
1999£76,728 £949 26
1998£62,446 £848 29
1997£62,217 £812 23
1996£55,571 £722 20
1995£53,799 £671 10
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£688,341 £4,036 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£113,500 £3,068 1
2002£92,000 £2,486 1
2000£55,000 £1,486 1

House Type in MK16 8EE area

The most common house types in the MK16 8EE postcode area are Semi-detached (52), Detached (51), and Terraced (11).

Total115
Semi-detached52
Detached51
Terraced11
converted building1
Flat0
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 (50), and Owned: Owns outright (44).

Owned: Owns with a mortgage or loan50
Owned: Owns outright44
Private rented: Private landlord or letting agency15
Social rented: Other social rented4
Shared ownership: Shared ownership2
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the MK16 8EE have 2 people in household (44), and 4 people in household (27).

2 people in household44
4 people in household27
1 person in household26
3 people in household14
6 people in household3
5 people in household1
0 people in household0
7 people in household0
8 or more people in household0