Housing Market Analysis for LAKES LANE, MK16 8HT

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

Overview of Sold House prices

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

Detached
- The average price is around £326,750 median price is £253,750 Standard Deviation is £194,139 with Total Sold: 6
- The Last 5 Year average price is £685,000 with Total Sold: 1
- 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 125 LAKES LANE: £169,000 (Sold on 14 Apr 2000)
Semi-Detached
- The average price is around £280,750 median price is £250,000 Standard Deviation is £153,382 with Total Sold: 22
- The Last 5 Year average price is £515,400 with Total Sold: 5
- The most recent sale happened at this postcode is 59 LAKES LANE: £640,000 (Sold on 27 Sep 2023)
- The first recorded sale happened at this postcode is 81 LAKES LANE: £475,000 (Sold on 12 Feb 2024)
Terraced
- The average price is around £558,000 median price is £558,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £558,000 with Total Sold: 1
- The most recent sale happened at this postcode is 71 LAKES LANE: £558,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is 71 LAKES LANE: £558,000 (Sold on 27 Sep 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8HT 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£685,000		1
2017	£470,000	£4,393	1
2006	£290,000		1
2004	£217,500		1
2001	£129,000		1
2000	£169,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£560,000	£4,851	2
2022	£432,000	£4,596	1
2020	£550,000	£3,667	1
2016	£365,000	£4,148	1
2015	£320,000	£3,636	1
2013	£250,000	£2,841	1
2010	£324,000	£2,991	1
2008	£250,000	£2,083	1
2006	£276,000	£2,853	1
2005	£220,000	£1,667	1
2004	£246,000	£2,502	2
2003	£234,000	£2,262	2
2001	£143,250		2
2000	£140,000	£1,293	1
1996	£69,333	£606	3
2024	£475,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£558,000	£4,769	1

All the Sales in the LAKES LANE, MK16 8HT

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

Address	Sold Date	Price	% Change
121 LAKES LANEDetached, Freehold	30 Jul 2024	£685,000	45.74%
121 LAKES LANEDetached, Freehold	08 Sep 2017	£470,000	First Sale
59 LAKES LANESemi-Detached, FreeholdArea: 144 Sq.mtrAge: 1900-1929	27 Sep 2023	£640,000	First Sale
63 LAKES LANESemi-Detached, FreeholdArea: 91.3 Sq.mtrAge: 1930-1949	27 Jul 2023	£480,000	118.18%
	12 Aug 2005	£220,000	First Sale
99 LAKES LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1930-1949	13 May 2022	£432,000	First Sale
71 LAKES LANETerraced, FreeholdArea: 117 Sq.mtrAge: 1930-1949	27 Sep 2021	£558,000	First Sale
47 LAKES LANESemi-Detached, FreeholdArea: 150 Sq.mtrAge: 1930-1949	11 Jun 2020	£550,000	99.28%
	20 Jul 2006	£276,000	14.05%
	08 Jul 2004	£242,000	220.53%
	03 Dec 1996	£75,500	First Sale
117 LAKES LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1950-1966	15 Jul 2016	£365,000	First Sale
97 LAKES LANESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1900-1929	08 Dec 2015	£320,000	28.00%
	24 Dec 2013	£250,000	First Sale
49 LAKES LANESemi-Detached, FreeholdArea: 108.31 Sq.mtrAge: 1930-1949	02 Dec 2010	£324,000	32.24%
	28 Mar 2003	£245,000	75.00%
	24 Oct 2000	£140,000	First Sale
45 LAKES LANESemi-Detached, FreeholdArea: 120 Sq.mtrAge: 1930-1949	08 Aug 2008	£250,000	First Sale
123 LAKES LANEDetached, Freehold	24 Feb 2006	£290,000	16.00%
123 LAKES LANEDetached, Freehold	05 Feb 2004	£250,000	First Sale
107 LAKES LANEDetached, Freehold	05 Apr 2004	£217,500	First Sale
93 LAKES LANESemi-Detached, Freehold	08 Sep 2003	£223,000	44.81%
93 LAKES LANESemi-Detached, Freehold	07 Dec 2001	£154,000	First Sale
85 LAKES LANEDetached, Freehold	15 Jun 2001	£129,000	First Sale
109 LAKES LANESemi-Detached, Freehold	02 Jan 2001	£132,500	First Sale
125 LAKES LANEDetached, Freehold	14 Apr 2000	£169,000	First Sale
65 LAKES LANESemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1930-1949	13 Dec 1996	£50,000	First Sale
61 LAKES LANESemi-Detached, Freehold	27 Sep 1996	£82,500	First Sale
81 LAKES LANESemi-Detached, Freehold	12 Feb 2024	£475,000	First Sale

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

LAKES LANE, MK16 8HT Near By properties

Interactive Map

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

Detached
- The average price is around £273,755 median price is £238,500 Standard Deviation is £165,381 with Total Sold: 275
- The Last 5 Year average price is £466,105 with Total Sold: 37
- 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 , 2 THE LODGE PARK: £170,000 (Sold on 10 Mar 1995)
Flat
- The average price is around £180,121 median price is £185,000 Standard Deviation is £57,886 with Total Sold: 149
- The Last 5 Year average price is £224,077 with Total Sold: 41
- 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)
Semi-Detached
- The average price is around £200,511 median price is £187,248 Standard Deviation is £116,212 with Total Sold: 792
- The Last 5 Year average price is £347,104 with Total Sold: 128
- 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 , 17 BYRON DRIVE: £53,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £151,629 median price is £145,000 Standard Deviation is £87,689 with Total Sold: 292
- The Last 5 Year average price is £277,987 with Total Sold: 40
- The most recent sale happened at this postcode is , 33 CARROLL CLOSE: £275,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 26 CARROLL CLOSE: £39,000 (Sold on 28 Apr 1995)
Other
- The average price is around £325,226 median price is £245,000 Standard Deviation is £270,220 with Total Sold: 9
- The Last 5 Year average price is £431,136 with Total Sold: 5
- 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£489,800		5
2023	£550,667	£4,110	3
2022	£516,667	£3,893	6
2021	£447,138	£3,936	10
2020	£414,429	£3,188	7
2019	£445,417	£3,976	6
2018	£380,300	£4,313	5
2017	£417,187	£4,390	8
2016	£465,329	£3,705	12
2015	£418,694	£2,851	9
2014	£297,536	£2,789	14
2013	£311,375	£3,296	8
2012	£281,250	£2,693	6
2011	£251,500	£2,392	10
2010	£273,429	£2,565	7
2009	£257,750	£1,971	6
2008	£293,250	£2,613	4
2007	£239,364	£2,413	11
2006	£321,520	£2,153	10
2005	£365,429	£2,005	7
2004	£295,412	£2,259	12
2003	£194,806	£2,083	8
2002	£186,923	£1,712	15
2001	£146,650	£1,397	10
2000	£188,996	£1,030	12
1999	£144,359	£1,061	22
1998	£99,159	£1,036	11
1997	£137,265	£978	17
1996	£88,832	£744	9
1995	£101,100	£620	5

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		4
2023	£236,667	£16,359	6
2022	£234,650	£3,364	6
2021	£217,492	£3,491	6
2020	£225,975	£3,523	6
2019	£221,419	£3,501	13
2018	£239,879	£3,560	14
2017	£198,502	£3,106	12
2016	£203,579	£3,138	7
2015	£198,450	£3,264	2
2014	£192,229	£8,525	7
2013	£179,000	£2,907	2
2012	£165,000	£2,683	2
2011	£169,776	£7,722	27
2009	£131,667	£2,184	3
2007	£148,000	£2,272	4
2006	£125,917	£3,002	3
2005	£101,750		2
2004	£135,890	£2,285	5
2003	£138,000		1
2002	£104,500	£1,560	1
2001	£119,995	£1,558	1
2000	£69,333	£1,093	3
1999	£60,500	£938	3
1998	£60,280	£1,057	5
1997	£50,250	£742	2
1996	£34,750		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£355,250	£4,785	8
2023	£424,024	£4,442	21
2022	£354,789	£4,569	19
2021	£323,547	£4,242	37
2020	£350,239	£3,751	23
2019	£295,750	£3,527	20
2018	£335,773	£3,581	22
2017	£295,497	£3,781	22
2016	£285,533	£3,582	30
2015	£283,583	£2,992	30
2014	£242,457	£2,928	35
2013	£217,427	£2,671	21
2012	£205,630	£2,376	23
2011	£203,438	£2,445	33
2010	£211,004	£2,650	35
2009	£176,410	£2,056	15
2008	£222,857	£2,494	7
2007	£209,014	£2,355	26
2006	£198,063	£2,248	31
2005	£193,544	£2,231	27
2004	£198,896	£2,196	29
2003	£161,483	£1,894	29
2002	£118,555	£1,486	25
2001	£102,737	£1,338	20
2000	£107,736	£1,225	32
1999	£79,446	£1,019	44
1998	£72,255	£856	37
1997	£66,055	£761	27
1996	£58,299	£705	35
1995	£55,793	£670	29

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£286,832	£3,956	6
2023	£299,400	£3,718	5
2022	£323,833	£4,438	6
2021	£290,636	£3,639	11
2020	£220,000	£3,289	2
2019	£232,150	£3,227	10
2018	£246,062	£3,511	16
2017	£246,500	£3,417	6
2016	£264,249	£3,440	8
2015	£198,550	£2,956	10
2014	£201,792	£2,672	12
2013	£156,812	£2,432	8
2012	£180,000	£2,451	7
2011	£160,106	£2,145	9
2010	£130,800	£2,235	5
2009	£146,333	£2,349	3
2008	£156,500	£2,180	4
2007	£174,500	£2,546	7
2006	£160,750	£2,194	12
2005	£168,278	£2,190	9
2004	£146,222	£2,036	9
2003	£128,358	£1,853	18
2002	£97,637	£1,345	9
2001	£88,921	£1,197	19
2000	£70,514	£1,029	22
1999	£62,729	£863	15
1998	£53,679	£731	18
1997	£53,250	£727	10
1996	£42,917	£655	12
1995	£44,750	£631	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£377,000		1
2021	£175,000		1
2020	£245,000	£3,356	1
2019	£679,341		2
2018	£314,855		1
2017	£200,000	£851	1
2016	£128,250	£404	2

House Type in MK16 8HT area

The most common house types in the MK16 8HT 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 8HT 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