Housing Market Analysis for LAKES LANE, MK16 8HR

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £237,178 median price is £232,500 Standard Deviation is £148,281 with Total Sold: 14
- The Last 5 Year average price is £510,000 with Total Sold: 2
- The most recent sale happened at this postcode is 42 LAKES LANE: £510,000 (Sold on 11 Dec 2023)
- The first recorded sale happened at this postcode is 70 LAKES LANE: £70,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £345,942 median price is £325,000 Standard Deviation is £180,056 with Total Sold: 26
- The most recent sale happened at this postcode is 34A LAKES LANE: £765,000 (Sold on 25 Oct 2019)
- The first recorded sale happened at this postcode is 66 LAKES LANE: £108,000 (Sold on 05 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8HR 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£510,000	£5,639	2
2016	£355,000	£3,550	1
2013	£200,000		1
2012	£277,500	£3,304	1
2011	£345,000	£1,462	1
2010	£265,000	£2,930	1
2007	£280,000	£2,772	1
2000	£180,000	£763	1
1998	£90,498	£1,071	2
1996	£72,000		1
1995	£72,500	£750	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£765,000	£3,558	1
2016	£594,667	£3,796	3
2015	£530,000	£2,454	1
2014	£471,000	£3,078	1
2013	£412,500	£3,546	2
2011	£236,000	£2,578	1
2007	£320,000	£2,481	1
2006	£620,000		1
2005	£250,000	£1,157	1
2004	£350,000	£1,955	1
2002	£346,250	£2,003	2
2000	£284,000		2
1999	£193,000	£1,070	5
1997	£170,000	£1,000	3
1995	£108,000		1

All the Sales in the LAKES LANE, MK16 8HR

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

Address	Sold Date	Price	% Change
42 LAKES LANESemi-Detached, FreeholdArea: 90.44 Sq.mtr	11 Dec 2023	£510,000	0.0
	11 Dec 2023	£510,000	92.45%
	13 May 2010	£265,000	-5.36%
	12 Dec 2007	£280,000	First Sale
34A LAKES LANEDetached, FreeholdArea: 215 Sq.mtrAge: 1996-2002	25 Oct 2019	£765,000	163.79%
	10 Sep 1999	£290,000	34.88%
	10 Jan 1997	£215,000	First Sale
46 LAKES LANESemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1930-1949	04 Nov 2016	£355,000	373.33%
	10 Nov 1995	£75,000	First Sale
62 LAKES LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1950-1966	26 Aug 2016	£525,000	64.06%
	04 Apr 2007	£320,000	First Sale
98 LAKES LANEDetached, FreeholdArea: 179 Sq.mtrAge: 1930-1949	26 Jul 2016	£670,000	91.43%
	04 Feb 2004	£350,000	112.12%
	18 Aug 1999	£165,000	First Sale
36 LAKES LANEDetached, FreeholdArea: 164.74 Sq.mtrAge: 1976-1982	15 Jan 2016	£589,000	78.48%
	28 Mar 2002	£330,000	First Sale
68 LAKES LANEDetached, FreeholdArea: 216 Sq.mtrAge: 1976-1982	29 Jul 2015	£530,000	112.00%
	08 Jun 2005	£250,000	First Sale
82 LAKES LANEDetached, FreeholdArea: 153 Sq.mtrAge: 1983-1990	18 Jul 2014	£471,000	First Sale
60 LAKES LANEDetached, FreeholdArea: 119 Sq.mtrAge: 1950-1966	28 May 2013	£395,000	First Sale
76 LAKES LANESemi-Detached, Freehold	15 Apr 2013	£200,000	First Sale
56 LAKES LANEDetached, FreeholdArea: 114 Sq.mtrAge: 1950-1966	05 Mar 2013	£430,000	First Sale
80 LAKES LANESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1930-1949	22 Nov 2012	£277,500	208.35%
	24 Jul 1998	£89,995	First Sale
44 LAKES LANEDetached, FreeholdArea: 91.53 Sq.mtrAge: 1900-1929	28 Oct 2011	£236,000	First Sale
84 LAKES LANESemi-Detached, FreeholdArea: 236.01 Sq.mtrAge: 1930-1949	23 Sep 2011	£345,000	91.67%
	06 Oct 2000	£180,000	First Sale
34 LAKES LANEDetached, Freehold	16 Feb 2006	£620,000	72.70%
	29 Sep 2000	£359,000	46.53%
	03 Dec 1999	£245,000	32.43%
	14 Mar 1997	£185,000	First Sale
94 LAKES LANEDetached, Freehold	28 Jun 2002	£362,500	73.44%
94 LAKES LANEDetached, Freehold	06 Oct 2000	£209,000	First Sale
86 LAKES LANEDetached, Freehold	10 Dec 1999	£93,000	First Sale
96 LAKES LANEDetached, FreeholdArea: 183 Sq.mtrAge: 1983-1990	21 Sep 1999	£172,000	First Sale
78 LAKES LANESemi-Detached, Freehold	21 Oct 1998	£91,000	26.39%
78 LAKES LANESemi-Detached, Freehold	12 Dec 1996	£72,000	First Sale
88 LAKES LANEDetached, Freehold	22 Aug 1997	£110,000	First Sale
66 LAKES LANEDetached, Freehold	05 Sep 1995	£108,000	First Sale
70 LAKES LANESemi-Detached, Freehold	31 Mar 1995	£70,000	First Sale

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

LAKES LANE, MK16 8HR Near By properties

Interactive Map

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

Flat
- The average price is around £167,852 median price is £175,000 Standard Deviation is £55,671 with Total Sold: 241
- The Last 5 Year average price is £210,938 with Total Sold: 45
- 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 FLAT E, 130 HIGH STREET: £42,000 (Sold on 18 Mar 1996)
Detached
- The average price is around £279,586 median price is £245,000 Standard Deviation is £170,832 with Total Sold: 239
- The Last 5 Year average price is £462,964 with Total Sold: 31
- The most recent sale happened at this postcode is , 122 WESTBURY LANE: £371,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 2 THE LODGE PARK: £170,000 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £206,596 median price is £194,000 Standard Deviation is £119,716 with Total Sold: 731
- The Last 5 Year average price is £360,238 with Total Sold: 107
- The most recent sale happened at this postcode is , 20 TENNYSON DRIVE: £324,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 45 TENNYSON DRIVE: £42,500 (Sold on 17 Feb 1995)
Terraced
- The average price is around £158,817 median price is £150,000 Standard Deviation is £91,627 with Total Sold: 406
- The Last 5 Year average price is £310,698 with Total Sold: 42
- The most recent sale happened at this postcode is , 10 TENNYSON DRIVE: £339,995 (Sold on 19 Mar 2024)
- The first recorded sale happened at this postcode is , 8 BURY AVENUE: £38,250 (Sold on 30 Jan 1995)
Other
- The average price is around £207,325 median price is £184,500 Standard Deviation is £114,128 with Total Sold: 18
- The Last 5 Year average price is £180,450 with Total Sold: 10
- The most recent sale happened at this postcode is , 110 HIGH STREET: £377,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is , 110 HIGH STREET: £225,000 (Sold on 11 Aug 2016)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,571	£4,130	7
2023	£211,182	£9,003	11
2022	£212,290	£3,650	10
2021	£220,619	£3,339	8
2020	£214,817	£3,381	9
2019	£221,818	£3,458	14
2018	£227,253	£3,271	17
2017	£194,165	£3,145	15
2016	£192,379	£3,076	12
2015	£192,200	£3,243	7
2014	£166,388	£5,029	17
2013	£171,000	£2,680	3
2012	£165,000	£2,683	2
2011	£164,529	£6,705	33
2010	£133,188	£2,458	16
2009	£156,800	£2,283	5
2008	£144,083	£3,324	6
2007	£133,222	£2,657	9
2006	£119,550	£2,555	5
2005	£104,167	£1,946	3
2004	£135,890	£2,285	5
2003	£104,567	£1,757	3
2002	£104,500	£1,560	1
2001	£88,082	£1,355	3
2000	£66,875	£1,072	4
1999	£60,500	£938	3
1998	£53,950	£940	7
1997	£50,250	£742	2
1996	£36,519	£686	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£490,250		4
2023	£562,500	£4,385	2
2022	£497,143	£3,902	7
2021	£444,080	£4,281	11
2020	£414,429	£3,188	7
2019	£464,583	£3,996	6
2018	£394,667	£4,775	3
2017	£462,500	£4,424	5
2016	£486,268	£3,718	11
2015	£428,531	£2,854	8
2014	£299,250	£2,826	10
2013	£310,000	£2,862	6
2012	£241,250	£2,678	4
2011	£273,286	£2,444	7
2010	£286,333	£2,182	6
2009	£300,833	£1,568	3
2008	£294,600	£3,305	5
2007	£271,429	£2,311	7
2006	£325,578	£2,199	9
2005	£387,833	£2,005	6
2004	£286,586	£2,259	11
2003	£194,806	£2,083	8
2002	£190,655	£1,735	12
2001	£143,778	£1,433	9
2000	£195,038	£1,030	12
1999	£145,474	£1,061	23
1998	£98,074	£1,072	10
1997	£148,500	£985	16
1996	£97,582	£637	6
1995	£101,100	£620	5

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£359,571	£4,926	7
2023	£422,432	£4,306	22
2022	£355,800	£4,536	20
2021	£330,028	£4,180	36
2020	£351,727	£3,688	22
2019	£305,833	£3,435	18
2018	£343,575	£3,597	20
2017	£303,640	£3,756	21
2016	£301,480	£3,409	26
2015	£314,386	£2,967	22
2014	£249,422	£2,944	32
2013	£223,551	£2,597	19
2012	£210,206	£2,363	17
2011	£208,313	£2,348	27
2010	£216,087	£2,574	36
2009	£180,735	£1,949	17
2008	£241,250	£2,473	8
2007	£215,238	£2,411	21
2006	£210,438	£2,197	25
2005	£196,162	£2,102	26
2004	£196,060	£2,142	32
2003	£159,476	£1,752	31
2002	£123,106	£1,482	27
2001	£104,732	£1,398	14
2000	£107,405	£1,217	31
1999	£79,614	£980	42
1998	£70,758	£835	33
1997	£68,904	£684	21
1996	£59,112	£675	37
1995	£58,495	£635	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£444,998	£4,015	3
2023	£310,250	£3,640	8
2022	£302,222	£4,283	9
2021	£315,700	£3,592	15
2020	£253,834	£3,401	7
2019	£230,967	£3,160	15
2018	£244,344	£3,442	16
2017	£244,562	£3,460	8
2016	£246,266	£3,143	15
2015	£214,245	£2,903	12
2014	£207,545	£2,678	11
2013	£169,880	£2,386	23
2012	£168,625	£2,313	12
2011	£159,645	£2,073	10
2010	£152,445	£2,150	10
2009	£142,111	£2,296	9
2008	£155,714	£2,243	7
2007	£174,938	£2,464	16
2006	£152,013	£2,032	19
2005	£157,780	£1,933	15
2004	£143,611	£2,038	18
2003	£129,586	£1,935	22
2002	£102,249	£1,419	22
2001	£91,343	£1,156	16
2000	£71,579	£1,064	19
1999	£65,692	£871	14
1998	£54,499	£791	15
1997	£55,562	£683	12
1996	£41,486	£625	21
1995	£42,214	£560	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£377,000		1
2021	£137,500		5
2020	£185,000	£3,356	4
2019	£408,500		2
2018	£229,928		2
2017	£197,000	£851	2
2016	£128,250	£404	2

House Type in MK16 8HR area

The most common house types in the MK16 8HR postcode area are Semi-detached (94), Flat (36), and Detached (35).

Total	169
Semi-detached	94
Flat	36
Detached	35
Terraced	3
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (107), and Owned: Owns with a mortgage or loan (43).

Owned: Owns outright	107
Owned: Owns with a mortgage or loan	43
Private rented: Private landlord or letting agency	8
Social rented: Other social rented	4
Shared ownership: Shared ownership	3
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK16 8HR have 2 people in household (50), and 1 person in household (48).

2 people in household	50
1 person in household	48
3 people in household	36
4 people in household	25
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0