Housing Market Analysis for SHELLEY CLOSE, MK16 8JB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £153,123 median price is £149,250 Standard Deviation is £86,465 with Total Sold: 32
- The Last 5 Year average price is £279,600 with Total Sold: 5
- The most recent sale happened at this postcode is 23 SHELLEY CLOSE: £300,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 14 SHELLEY CLOSE: £51,000 (Sold on 31 Mar 1995)
Detached
- The average price is around £247,926 median price is £205,000 Standard Deviation is £129,223 with Total Sold: 15
- The Last 5 Year average price is £395,500 with Total Sold: 5
- The most recent sale happened at this postcode is 19 SHELLEY CLOSE: £490,000 (Sold on 05 May 2022)
- The first recorded sale happened at this postcode is 38 SHELLEY CLOSE: £62,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8JB 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	£300,000	£5,086	1
2022	£280,000	£4,516	1
2021	£305,000	£3,961	1
2020	£230,000	£3,898	1
2019	£283,000	£3,253	1
2017	£285,000	£3,562	1
2016	£238,000	£4,035	1
2015	£262,500	£2,700	2
2010	£154,250	£2,409	2
2007	£192,000	£2,400	1
2006	£164,667	£2,139	3
2005	£180,000	£3,051	1
2004	£157,500	£2,100	1
2003	£114,000	£1,614	1
2002	£116,315	£1,564	3
2001	£83,995		1
1999	£67,667	£1,031	3
1997	£58,498		2
1996	£57,498		2
1995	£46,667	£657	3

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£490,000	£3,740	1
2021	£425,000	£4,427	1
2020	£325,000	£3,385	1
2019	£368,750	£3,777	2
2016	£334,950	£4,135	1
2007	£190,000	£2,500	1
2006	£290,000	£2,000	1
2004	£205,000		1
2003	£199,995	£1,613	1
2001	£134,000		1
2000	£149,950	£1,034	1
1999	£90,000		1
1998	£85,500	£1,056	1
1996	£62,000	£633	1

All the Sales in the SHELLEY CLOSE, MK16 8JB

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

Address	Sold Date	Price	% Change
23 SHELLEY CLOSESemi-Detached, FreeholdArea: 58.98 Sq.mtrAge: 1967-1975	14 Jul 2023	£300,000	26.05%
	28 Sep 2016	£238,000	47.83%
	16 Jul 2010	£161,000	47.71%
	23 May 2002	£109,000	First Sale
25 SHELLEY CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	16 Sep 2022	£280,000	77.22%
	29 Sep 2006	£158,000	152.80%
	06 Aug 1999	£62,500	First Sale
19 SHELLEY CLOSEDetached, FreeholdArea: 131 Sq.mtrAge: 1967-1975	05 May 2022	£490,000	First Sale
33 SHELLEY CLOSESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-1975	20 Aug 2021	£305,000	338.85%
	04 May 1999	£69,500	First Sale
1 SHELLEY CLOSEDetached, FreeholdArea: 96 Sq.mtrAge: 1967-1975	19 Apr 2021	£425,000	30.77%
	17 Jan 2020	£325,000	First Sale
22 SHELLEY CLOSESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1976-1982	08 Jan 2020	£230,000	460.98%
	16 Oct 1995	£41,000	First Sale
17 SHELLEY CLOSESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1976-1982	18 Oct 2019	£283,000	First Sale
8 SHELLEY CLOSEDetached, FreeholdArea: 81 Sq.mtrAge: 1967-1975	03 Oct 2019	£375,000	11.96%
	31 Oct 2016	£334,950	291.75%
	10 Mar 1998	£85,500	First Sale
2 SHELLEY CLOSEDetached, FreeholdArea: 124 Sq.mtrAge: 1967-1975	11 Jan 2019	£362,500	81.25%
	09 May 2003	£199,995	First Sale
14 SHELLEY CLOSESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1976-1982	24 Aug 2017	£285,000	48.44%
	12 Nov 2007	£192,000	276.47%
	31 Mar 1995	£51,000	First Sale
13 SHELLEY CLOSESemi-Detached, FreeholdArea: 107 Sq.mtrAge: 1967-1975	19 Nov 2015	£245,000	32.43%
	29 Sep 2006	£185,000	37.09%
	13 Dec 2002	£134,950	First Sale
5 SHELLEY CLOSESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1976-1982	21 Aug 2015	£280,000	First Sale
24 SHELLEY CLOSESemi-Detached, FreeholdArea: 70.62 Sq.mtrAge: 1967-1975	29 Oct 2010	£147,500	-2.32%
	22 Sep 2006	£151,000	32.46%
	21 Feb 2003	£114,000	First Sale
10 SHELLEY CLOSEDetached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	09 Nov 2007	£190,000	First Sale
20 SHELLEY CLOSEDetached, FreeholdArea: 145 Sq.mtrAge: 1967-1975	26 May 2006	£290,000	93.40%
	16 Feb 2000	£149,950	First Sale
21 SHELLEY CLOSESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1976-1982	06 May 2005	£180,000	71.44%
	24 Jul 2002	£104,995	First Sale
29 SHELLEY CLOSEDetached, Freehold	24 Sep 2004	£205,000	First Sale
31 SHELLEY CLOSESemi-Detached, FreeholdArea: 75 Sq.mtrAge: 1976-1982	16 Jan 2004	£157,500	228.12%
	31 Mar 1995	£48,000	First Sale
9 SHELLEY CLOSEDetached, Freehold	14 Sep 2001	£134,000	First Sale
26 SHELLEY CLOSESemi-Detached, Freehold	25 May 2001	£83,995	61.53%
26 SHELLEY CLOSESemi-Detached, Freehold	23 Jul 1997	£52,000	First Sale
32 SHELLEY CLOSESemi-Detached, FreeholdArea: 60 Sq.mtrAge: 1976-1982	27 Aug 1999	£71,000	First Sale
30 SHELLEY CLOSEDetached, Freehold	21 Apr 1999	£90,000	First Sale
36 SHELLEY CLOSESemi-Detached, Freehold	03 Nov 1997	£64,995	First Sale
16 SHELLEY CLOSESemi-Detached, Freehold	28 Oct 1996	£59,995	First Sale
4 SHELLEY CLOSESemi-Detached, Freehold	12 Jul 1996	£55,000	First Sale
38 SHELLEY CLOSEDetached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	31 May 1996	£62,000	First Sale

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

SHELLEY CLOSE, MK16 8JB Near By properties

Interactive Map

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

Detached
- The average price is around £275,356 median price is £242,500 Standard Deviation is £160,286 with Total Sold: 438
- The Last 5 Year average price is £473,175 with Total Sold: 65
- 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 , 9 DRYDEN CLOSE: £53,000 (Sold on 16 Jan 1995)
Flat
- The average price is around £188,767 median price is £189,475 Standard Deviation is £52,561 with Total Sold: 128
- The Last 5 Year average price is £221,089 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 , 5 SHEPPARDS CLOSE: £44,500 (Sold on 17 Oct 1997)
Terraced
- The average price is around £155,603 median price is £149,725 Standard Deviation is £85,173 with Total Sold: 534
- The Last 5 Year average price is £273,090 with Total Sold: 78
- The most recent sale happened at this postcode is , 106 ANNESLEY ROAD: £295,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 53 GREENFIELD ROAD: £48,000 (Sold on 10 Feb 1995)
Semi-Detached
- The average price is around £190,947 median price is £180,000 Standard Deviation is £107,125 with Total Sold: 1,090
- The Last 5 Year average price is £330,199 with Total Sold: 166
- 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)
Other
- The average price is around £415,568 median price is £222,500 Standard Deviation is £369,893 with Total Sold: 6
- The Last 5 Year average price is £565,476 with Total Sold: 4
- The most recent sale happened at this postcode is , 33 PORTFIELDS ROAD: £175,000 (Sold on 20 Jul 2021)
- The first recorded sale happened at this postcode is , 5 SHEPPARDS CLOSE: £31,500 (Sold on 14 Oct 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£456,286		7
2023	£579,500	£4,462	6
2022	£469,615	£4,298	13
2021	£467,688	£4,024	18
2020	£411,375	£3,332	8
2019	£482,385	£3,841	13
2018	£392,000	£4,130	11
2017	£427,021	£4,141	13
2016	£445,363	£3,677	15
2015	£398,600	£2,942	16
2014	£299,000	£2,787	20
2013	£274,833	£2,727	15
2012	£239,000	£2,549	10
2011	£239,194	£2,529	18
2010	£259,875	£2,819	12
2009	£242,812	£1,960	8
2008	£285,562	£2,627	8
2007	£261,639	£2,435	18
2006	£272,622	£2,306	22
2005	£336,950	£2,256	10
2004	£273,063	£2,203	15
2003	£231,197	£2,073	20
2002	£185,097	£1,871	19
2001	£152,022	£1,368	20
2000	£192,918	£1,276	19
1999	£144,830	£1,115	27
1998	£99,156	£991	16
1997	£121,881	£882	21
1996	£85,590	£843	11
1995	£85,278	£739	9

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£205,000		4
2023	£216,250	£13,518	8
2022	£229,700	£3,394	7
2021	£217,492	£3,491	6
2020	£223,170	£3,629	5
2019	£225,995	£3,505	11
2018	£240,831	£3,663	13
2017	£198,502	£3,106	12
2016	£193,381	£3,142	8
2015	£198,450	£3,264	2
2014	£169,575	£7,621	8
2013	£139,500	£2,401	4
2012	£165,000	£2,683	2
2011	£170,248	£7,951	26
2009	£104,400	£2,155	3
2007	£125,000	£2,155	1
2004	£131,000	£1,955	1
2002	£104,500	£1,560	1
2000	£60,998	£993	2
1999	£43,167	£623	3
1997	£44,500	£742	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£291,777	£4,193	9
2023	£265,833	£3,550	9
2022	£318,462	£4,425	13
2021	£282,636	£3,599	22
2020	£246,050	£3,361	10
2019	£230,933	£3,144	15
2018	£251,255	£3,492	27
2017	£257,900	£3,159	15
2016	£244,933	£3,093	15
2015	£205,778	£2,766	18
2014	£199,026	£2,611	19
2013	£162,600	£2,234	15
2012	£163,625	£2,268	16
2011	£161,885	£2,207	13
2010	£132,937	£2,010	8
2009	£150,450	£2,084	10
2008	£187,071	£2,289	7
2007	£178,712	£2,590	16
2006	£161,750	£2,052	22
2005	£144,975	£2,032	20
2004	£145,761	£1,992	21
2003	£132,100	£1,815	31
2002	£112,233	£1,576	18
2001	£94,389	£1,200	27
2000	£75,410	£1,099	24
1999	£60,713	£843	26
1998	£56,007	£746	32
1997	£54,119	£692	23
1996	£44,384	£608	26
1995	£45,500	£620	7

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£337,604	£4,221	12
2023	£383,130	£4,567	27
2022	£362,167	£4,453	24
2021	£320,005	£4,049	48
2020	£311,172	£3,600	29
2019	£282,346	£3,501	26
2018	£317,446	£3,682	28
2017	£299,554	£3,859	37
2016	£285,690	£3,456	42
2015	£258,453	£2,943	43
2014	£235,159	£2,913	41
2013	£212,080	£2,608	31
2012	£204,053	£2,296	28
2011	£194,808	£2,417	44
2010	£205,942	£2,556	41
2009	£173,722	£2,141	21
2008	£214,905	£2,322	11
2007	£207,128	£2,447	38
2006	£189,389	£2,222	45
2005	£178,204	£2,074	38
2004	£180,852	£1,985	44
2003	£155,316	£1,777	38
2002	£117,005	£1,319	38
2001	£107,302	£1,232	32
2000	£99,308	£1,159	51
1999	£77,915	£982	58
1998	£69,758	£856	50
1997	£62,257	£780	40
1996	£57,847	£682	46
1995	£55,134	£627	39

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£175,000		1
2020	£245,000	£3,356	1
2019	£920,953		2
2017	£200,000	£851	1
2016	£31,500	£404	1

House Type in MK16 8JB area

The most common house types in the MK16 8JB postcode area are Semi-detached (87), Detached (44), and Flat (17).

Total	149
Semi-detached	87
Detached	44
Flat	17
Terraced	1
Shared house	0
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 (72), and Owned: Owns with a mortgage or loan (56).

Owned: Owns outright	72
Owned: Owns with a mortgage or loan	56
Private rented: Private landlord or letting agency	10
Shared ownership: Shared ownership	4
Social rented: Other social rented	4
Social rented: Rents from council or Local Authority	3
Does not apply	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK16 8JB have 2 people in household (62), and 1 person in household (42).

2 people in household	62
1 person in household	42
3 people in household	18
4 people in household	15
5 people in household	6
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0