Housing Market Analysis for LAKES LANE, MK16 8HP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 16 LAKES LANE: £400,000 (Sold on 31 Mar 2000)
    • The first recorded sale happened at this postcode is 16 LAKES LANE: £400,000 (Sold on 31 Mar 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8HP 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
2000£400,0001

All the Sales in the LAKES LANE, MK16 8HP

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

AddressSold DatePrice% Change
16 LAKES LANEDetached, Freehold31 Mar 2000£400,000First Sale

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

LAKES LANE, MK16 8HP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £160,457 median price is £147,000 Standard Deviation is £94,770 with Total Sold: 714
    • The Last 5 Year average price is £299,285 with Total Sold: 83
    • The most recent sale happened at this postcode is , 2 THE MALTINGS: £265,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 FREDERICA COTTAGES: £37,750 (Sold on 10 Jan 1995)
  • Flat
    • The average price is around £151,601 median price is £149,000 Standard Deviation is £58,196 with Total Sold: 462
    • The Last 5 Year average price is £191,511 with Total Sold: 82
    • The most recent sale happened at this postcode is 40, THE LIMES WESTBURY LANE: £170,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 UNION STREET: £63,500 (Sold on 24 Mar 1995)
  • Semi-Detached
    • The average price is around £195,506 median price is £180,000 Standard Deviation is £118,129 with Total Sold: 737
    • The Last 5 Year average price is £355,365 with Total Sold: 91
    • 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 , 34 SILVER STREET: £86,500 (Sold on 23 Mar 1995)
  • Detached
    • The average price is around £257,188 median price is £218,500 Standard Deviation is £169,660 with Total Sold: 330
    • The Last 5 Year average price is £485,375 with Total Sold: 32
    • The most recent sale happened at this postcode is , 121 LAKES LANE: £685,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 59 CALDECOTE STREET: £51,000 (Sold on 08 Mar 1995)
  • Other
    • The average price is around £269,838 median price is £237,500 Standard Deviation is £188,021 with Total Sold: 40
    • The Last 5 Year average price is £227,038 with Total Sold: 16
    • The most recent sale happened at this postcode is , 38 CALDECOTE STREET: £255,000 (Sold on 12 Jan 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£394,188 £3,961 8
2023£285,068 £3,631 19
2022£314,882 £4,329 17
2021£288,667 £3,662 30
2020£250,871 £3,423 9
2019£228,286 £3,532 21
2018£270,583 £3,484 18
2017£260,523 £3,391 22
2016£244,860 £3,166 27
2015£212,414 £2,795 24
2014£211,229 £2,664 24
2013£174,819 £2,378 29
2012£158,504 £2,283 23
2011£153,510 £2,207 20
2010£155,297 £2,328 17
2009£142,722 £2,543 18
2008£155,375 £2,315 8
2007£179,766 £2,563 30
2006£162,540 £2,114 34
2005£152,524 £2,018 29
2004£146,102 £2,006 27
2003£126,530 £1,968 28
2002£107,074 £1,699 46
2001£93,033 £1,182 30
2000£74,758 £1,114 30
1999£62,686 £916 28
1998£54,224 £868 29
1997£50,554 £736 28
1996£43,707 £645 30
1995£42,684 £505 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£179,636 £2,988 11
2023£180,619 £6,048 21
2022£201,025 £3,335 24
2021£187,854 £3,084 14
2020£206,696 £3,367 12
2019£204,472 £3,443 20
2018£208,575 £3,242 24
2017£178,408 £3,205 22
2016£171,205 £3,173 27
2015£181,992 £3,506 12
2014£156,087 £4,234 30
2013£139,667 £2,406 9
2012£135,500 £2,313 5
2011£156,268 £6,260 39
2010£131,842 £2,464 19
2009£141,222 £2,338 9
2008£143,273 £3,169 11
2007£163,180 £3,279 25
2006£125,760 £2,694 20
2005£127,357 £2,192 14
2004£134,363 £2,355 15
2003£116,012 £2,296 13
2002£122,999 £1,862 11
2001£81,911 £1,457 8
2000£68,928 £1,130 14
1999£59,533 £1,002 9
1998£52,019 £940 8
1997£33,000 £535 5
1996£41,153 £864 7
1995£41,500 £659 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£340,786 £4,767 7
2023£419,579 £4,342 19
2022£360,000 £4,350 17
2021£314,825 £3,858 30
2020£356,444 £3,619 18
2019£284,632 £3,313 19
2018£319,417 £3,449 18
2017£300,497 £3,486 16
2016£299,766 £3,276 15
2015£314,909 £3,046 22
2014£255,480 £2,906 25
2013£220,093 £2,618 18
2012£212,118 £2,565 17
2011£205,581 £2,324 30
2010£218,840 £2,538 40
2009£191,381 £2,021 21
2008£218,100 £2,054 10
2007£197,551 £2,330 24
2006£201,764 £2,349 28
2005£195,576 £2,089 35
2004£182,526 £2,086 36
2003£159,023 £1,896 32
2002£122,546 £1,436 30
2001£114,431 £1,423 22
2000£103,780 £1,248 33
1999£78,871 £935 38
1998£68,622 £827 37
1997£70,445 £698 31
1996£60,857 £700 33
1995£65,119 £693 16
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£510,0002
2023£536,250 £4,099 4
2022£557,500 £4,045 6
2021£459,400 £4,277 15
2020£426,200 £3,464 5
2019£464,583 £3,996 6
2018£418,500 £4,022 4
2017£455,000 £3,943 8
2016£473,650 £3,719 13
2015£464,321 £3,015 7
2014£288,643 £2,811 7
2013£293,611 £2,776 9
2012£258,600 £2,602 5
2011£288,167 £2,557 6
2010£295,200 £2,450 10
2009£263,625 £2,084 4
2008£262,050 £2,671 10
2007£314,857 £2,411 7
2006£338,385 £2,115 13
2005£344,000 £2,318 10
2004£248,085 £2,217 17
2003£206,184 £2,097 17
2002£200,224 £1,745 15
2001£162,750 £1,388 16
2000£193,719 £1,348 18
1999£140,100 £1,022 24
1998£95,670 £949 22
1997£115,206 £905 30
1996£83,200 £658 15
1995£97,500 £587 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£255,000 £3,689 1
2023£367,5002
2022£240,000 £3,636 1
2021£194,659 £3,902 7
2020£208,000 £3,356 5
2019£442,0004
2018£348,820 £588 4
2017£338,300 £1,780 5
2016£186,236 £404 9
2015£315,0002

House Type in MK16 8HP area

The most common house types in the MK16 8HP postcode area are Flat (69), Semi-detached (34), and Detached (28).

Total151
Flat69
Semi-detached34
Detached28
Terraced20
Shared house0
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 (40), and Private rented: Private landlord or letting agency (37).

Social rented: Rents from council or Local Authority40
Private rented: Private landlord or letting agency37
Owned: Owns with a mortgage or loan34
Owned: Owns outright31
Private rented: Other private rented4
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 8HP have 1 person in household (68), and 2 people in household (53).

1 person in household68
2 people in household53
4 people in household18
3 people in household13
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0