Housing Market Analysis for ORWELL CLOSE, MK16 8RB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £368,333 median price is £317,500 Standard Deviation is £140,109 with Total Sold: 6
    • The Last 5 Year average price is £555,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 ORWELL CLOSE: £525,000 (Sold on 26 Jan 2023)
    • The first recorded sale happened at this postcode is 7 ORWELL CLOSE: £215,000 (Sold on 31 Jan 2002)
  • Semi-Detached
    • The average price is around £129,748 median price is £129,748 Standard Deviation is £40,248 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 ORWELL CLOSE: £169,995 (Sold on 22 Nov 2002)
    • The first recorded sale happened at this postcode is 2 ORWELL CLOSE: £89,500 (Sold on 27 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8RB 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
2023£525,000 £4,565 1
2019£585,000 £4,432 1
2011£360,000 £3,067 1
2007£275,000 £2,343 1
2004£250,0001
2002£215,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£169,9951
1998£89,5001

All the Sales in the ORWELL CLOSE, MK16 8RB

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

AddressSold DatePrice% Change
5 ORWELL CLOSEDetached, FreeholdArea: 115 Sq.mtrAge: 1983-199026 Jan 2023£525,000First Sale
9 ORWELL CLOSEDetached, FreeholdArea: 132 Sq.mtrAge: 1976-198203 Jun 2019£585,000First Sale
8 ORWELL CLOSEDetached, FreeholdArea: 117.39 Sq.mtrAge: 1976-198222 Sep 2011£360,00030.91%
16 Feb 2007£275,000First Sale
10 ORWELL CLOSEDetached, Freehold19 Feb 2004£250,000First Sale
2 ORWELL CLOSESemi-Detached, Freehold22 Nov 2002£169,99589.94%
27 Mar 1998£89,500First Sale
7 ORWELL CLOSEDetached, Freehold31 Jan 2002£215,000First Sale

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

ORWELL CLOSE, MK16 8RB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £245,971 median price is £225,000 Standard Deviation is £140,129 with Total Sold: 657
    • The Last 5 Year average price is £463,900 with Total Sold: 80
    • 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 , 31 SORRELL DRIVE: £45,950 (Sold on 27 Jan 1995)
  • Terraced
    • The average price is around £134,657 median price is £130,250 Standard Deviation is £75,861 with Total Sold: 754
    • The Last 5 Year average price is £261,666 with Total Sold: 80
    • 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)
  • Flat
    • The average price is around £89,523 median price is £91,000 Standard Deviation is £44,175 with Total Sold: 80
    • The Last 5 Year average price is £169,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , 44 PENNYCRESS WAY: £180,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 CHARLOCK COURT: £34,950 (Sold on 24 Feb 1995)
  • Semi-Detached
    • The average price is around £163,782 median price is £158,000 Standard Deviation is £92,100 with Total Sold: 813
    • The Last 5 Year average price is £308,407 with Total Sold: 99
    • 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 , 17 BYRON DRIVE: £53,000 (Sold on 11 Jan 1995)
  • Other
    • The average price is around £688,341 median price is £688,341 Standard Deviation is £353,341 with Total Sold: 2
    • The Last 5 Year average price is £688,341 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)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£476,286 £4,890 7
2023£521,292 £4,681 12
2022£496,821 £4,410 14
2021£445,022 £4,127 23
2020£432,300 £3,670 10
2019£429,179 £4,020 14
2018£430,694 £3,720 18
2017£395,633 £3,922 15
2016£380,374 £3,446 23
2015£341,400 £3,263 20
2014£311,091 £2,816 22
2013£281,529 £2,743 17
2012£271,250 £2,527 14
2011£238,944 £2,436 18
2010£257,583 £2,593 21
2009£252,312 £2,089 16
2008£310,556 £2,585 9
2007£252,319 £2,394 28
2006£270,687 £2,139 32
2005£240,537 £2,312 12
2004£247,972 £1,988 18
2003£249,611 £1,914 22
2002£188,463 £1,622 34
2001£150,516 £1,335 25
2000£150,599 £1,247 34
1999£133,188 £1,088 41
1998£109,485 £925 44
1997£104,792 £927 56
1996£88,467 £786 25
1995£80,004 £680 13
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£298,889 £3,956 9
2023£273,432 £4,458 11
2022£297,083 £4,530 12
2021£256,533 £3,769 15
2020£248,333 £3,535 18
2019£223,500 £3,711 15
2018£242,520 £3,491 25
2017£224,309 £3,698 21
2016£225,417 £3,631 18
2015£190,386 £3,101 22
2014£181,277 £2,948 30
2013£150,671 £2,307 19
2012£153,542 £2,378 24
2011£152,367 £2,397 15
2010£153,177 £2,258 11
2009£147,179 £2,417 14
2008£152,773 £2,342 11
2007£162,320 £2,713 31
2006£139,142 £2,188 37
2005£134,610 £2,235 25
2004£137,276 £2,308 27
2003£116,765 £1,931 43
2002£93,848 £1,667 34
2001£80,523 £1,259 46
2000£73,088 £1,229 68
1999£58,785 £1,016 48
1998£52,300 £796 33
1997£47,193 £795 31
1996£44,000 £681 17
1995£41,044 £786 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2022£172,375 £3,487 4
2019£147,500 £3,207 1
2018£140,000 £2,952 1
2017£140,667 £3,531 3
2016£155,800 £3,021 5
2015£124,000 £2,696 1
2014£120,500 £2,332 2
2013£115,000 £2,221 2
2012£85,000 £1,754 1
2011£89,500 £1,903 1
2008£102,000 £1,967 2
2007£102,875 £2,966 4
2005£106,250 £2,399 4
2004£101,786 £2,241 7
2003£93,333 £2,178 6
2002£73,286 £1,585 7
2001£59,900 £1,352 5
2000£49,999 £1,157 8
1999£46,500 £989 1
1998£35,519 £715 5
1997£33,475 £873 2
1996£29,950 £666 1
1995£31,308 £793 6
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£313,750 £5,000 7
2023£354,143 £4,241 14
2022£324,844 £4,278 16
2021£302,000 £3,965 29
2020£300,031 £3,482 16
2019£271,882 £3,589 17
2018£282,663 £3,548 26
2017£284,345 £3,793 29
2016£265,295 £3,440 22
2015£237,077 £2,920 26
2014£209,878 £2,803 25
2013£188,462 £2,337 13
2012£181,934 £2,318 23
2011£166,538 £2,263 26
2010£181,000 £2,539 12
2009£157,977 £2,146 15
2008£186,265 £2,483 17
2007£193,104 £2,512 40
2006£170,692 £2,390 39
2005£164,010 £2,184 24
2004£156,948 £1,940 23
2003£145,367 £1,896 34
2002£110,788 £1,585 27
2001£102,337 £1,329 43
2000£88,852 £1,170 48
1999£72,255 £987 56
1998£65,314 £880 53
1997£58,681 £782 37
1996£53,511 £728 29
1995£49,990 £631 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£688,341 £4,036 2

House Type in MK16 8RB area

The most common house types in the MK16 8RB postcode area are Detached (73), Semi-detached (45), and Terraced (21).

Total139
Detached73
Semi-detached45
Terraced21
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright71
Owned: Owns with a mortgage or loan52
Private rented: Private landlord or letting agency13
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK16 8RB have 2 people in household (56), and 1 person in household (26).

2 people in household56
1 person in household26
4 people in household25
3 people in household20
5 people in household8
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0