Housing Market Analysis for PENNYCRESS WAY, MK16 8SN

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

Overview of Sold House prices

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

Detached
- The average price is around £208,266 median price is £161,998 Standard Deviation is £113,531 with Total Sold: 28
- The Last 5 Year average price is £415,000 with Total Sold: 1
- The most recent sale happened at this postcode is 67 PENNYCRESS WAY: £415,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 73 PENNYCRESS WAY: £81,995 (Sold on 06 May 1997)
Terraced
- The average price is around £209,500 median price is £205,500 Standard Deviation is £20,549 with Total Sold: 4
- The most recent sale happened at this postcode is 61 PENNYCRESS WAY: £216,000 (Sold on 14 Mar 2016)
- The first recorded sale happened at this postcode is 65 PENNYCRESS WAY: £187,000 (Sold on 06 Oct 2006)
Semi-Detached
- The average price is around £98,248 median price is £98,248 Standard Deviation is £15,252 with Total Sold: 2
- The most recent sale happened at this postcode is 65 PENNYCRESS WAY: £113,500 (Sold on 28 Jul 2000)
- The first recorded sale happened at this postcode is 65 PENNYCRESS WAY: £82,995 (Sold on 22 Jan 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8SN 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
2023	£415,000	£4,770	1
2018	£405,000	£3,716	1
2017	£445,000	£2,853	1
2016	£355,000	£3,586	1
2015	£345,000	£2,738	1
2014	£295,000	£2,458	1
2012	£314,000	£2,013	1
2010	£210,000	£2,121	1
2009	£230,000	£1,908	1
2007	£340,000		1
2006	£285,000	£1,827	1
2004	£240,000	£2,202	1
2002	£206,500	£1,540	2
1999	£118,500	£1,212	2
1998	£118,424	£975	7
1997	£94,696	£858	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£216,000	£4,000	1
2014	£240,000	£3,253	1
2010	£195,000	£2,643	1
2006	£187,000	£2,535	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2000	£113,500	£1,539	1
1999	£82,995	£1,125	1

All the Sales in the PENNYCRESS WAY, MK16 8SN

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

Address	Sold Date	Price	% Change
67 PENNYCRESS WAYDetached, FreeholdArea: 87 Sq.mtrAge: 1996-2002	21 Jul 2023	£415,000	284.26%
	30 Jul 1999	£108,000	4.86%
	29 May 1998	£102,995	First Sale
101 PENNYCRESS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1996-2002	17 Aug 2018	£405,000	68.75%
	25 Jun 2004	£240,000	86.05%
	01 Dec 1999	£129,000	24.04%
	13 Mar 1998	£103,995	First Sale
81 PENNYCRESS WAYDetached, FreeholdArea: 156 Sq.mtrAge: 1996-2002	19 Jun 2017	£445,000	41.72%
	28 Sep 2012	£314,000	10.18%
	07 Dec 2006	£285,000	51.60%
	15 Mar 2002	£188,000	49.21%
	25 Mar 1998	£125,995	First Sale
73 PENNYCRESS WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1991-1995	29 Apr 2016	£355,000	69.05%
	28 May 2010	£210,000	156.11%
	06 May 1997	£81,995	First Sale
61 PENNYCRESS WAYTerraced, FreeholdArea: 54 Sq.mtrAge: 1996-2002	14 Mar 2016	£216,000	First Sale
75 PENNYCRESS WAYDetached, FreeholdArea: 126 Sq.mtrAge: 1996-2002	27 Feb 2015	£345,000	222.44%
	15 May 1997	£106,995	First Sale
65 PENNYCRESS WAYTerraced, FreeholdArea: 73.77 Sq.mtrAge: 1996-2002	24 Oct 2014	£240,000	23.08%
	25 Jun 2010	£195,000	4.28%
	06 Oct 2006	£187,000	64.76%
	28 Jul 2000	£113,500	36.76%
	22 Jan 1999	£82,995	First Sale
79 PENNYCRESS WAYDetached, FreeholdArea: 120 Sq.mtrAge: 1991-1995	20 Jun 2014	£295,000	31.11%
	20 Dec 2002	£225,000	109.30%
	23 May 1997	£107,500	First Sale
103 PENNYCRESS WAYDetached, FreeholdArea: 120.54 Sq.mtrAge: 1996-2002	27 Mar 2009	£230,000	100.01%
	16 Apr 1998	£114,995	First Sale
105 PENNYCRESS WAYDetached, Freehold	04 May 2007	£340,000	161.55%
105 PENNYCRESS WAYDetached, Freehold	27 Feb 1998	£129,995	First Sale
69 PENNYCRESS WAYDetached, Freehold	28 Aug 1998	£135,995	First Sale
83 PENNYCRESS WAYDetached, Freehold	14 Apr 1998	£114,995	First Sale
71 PENNYCRESS WAYDetached, Freehold	01 Aug 1997	£77,995	First Sale
77 PENNYCRESS WAYDetached, Freehold	23 May 1997	£98,995	First Sale

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

PENNYCRESS WAY, MK16 8SN Near By properties

Interactive Map

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

Detached
- The average price is around £243,785 median price is £218,000 Standard Deviation is £140,760 with Total Sold: 603
- The Last 5 Year average price is £457,769 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 , 9 DRYDEN CLOSE: £53,000 (Sold on 16 Jan 1995)
Terraced
- The average price is around £135,437 median price is £132,250 Standard Deviation is £75,883 with Total Sold: 714
- The Last 5 Year average price is £261,099 with Total Sold: 78
- 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 £92,396 median price is £96,000 Standard Deviation is £42,767 with Total Sold: 93
- The Last 5 Year average price is £138,893 with Total Sold: 14
- 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 £163,304 median price is £158,000 Standard Deviation is £91,719 with Total Sold: 821
- The Last 5 Year average price is £307,037 with Total Sold: 101
- 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 £600,841 median price is £600,841 Standard Deviation is £440,841 with Total Sold: 2
- The Last 5 Year average price is £1,041,682 with Total Sold: 1
- 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 , 100 ROWDITCH FURLONG: £160,000 (Sold on 10 Jan 2017)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£439,909	£4,975	11
2023	£517,250	£4,736	12
2022	£496,821	£4,410	14
2021	£451,925	£4,093	20
2020	£432,300	£3,670	10
2019	£404,500	£4,116	13
2018	£395,875	£3,658	20
2017	£385,716	£4,008	15
2016	£382,855	£3,411	20
2015	£322,769	£3,112	18
2014	£307,053	£2,725	19
2013	£265,062	£2,633	16
2012	£241,769	£2,706	13
2011	£224,577	£2,572	13
2010	£253,212	£2,696	20
2009	£220,821	£2,143	14
2008	£282,222	£2,574	9
2007	£249,975	£2,434	22
2006	£262,136	£2,149	33
2005	£237,650	£2,290	13
2004	£242,875	£2,040	16
2003	£243,857	£1,891	21
2002	£188,041	£1,608	30
2001	£144,291	£1,289	22
2000	£146,861	£1,265	33
1999	£132,936	£1,131	36
1998	£106,306	£945	42
1997	£102,231	£909	47
1996	£81,721	£873	18
1995	£72,496	£701	13

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,500	£4,015	6
2023	£271,775	£4,473	10
2022	£295,000	£4,545	10
2021	£261,594	£3,829	16
2020	£250,263	£3,546	19
2019	£228,382	£3,660	17
2018	£244,325	£3,561	20
2017	£223,775	£3,766	20
2016	£225,156	£3,632	16
2015	£191,150	£3,125	20
2014	£181,512	£2,991	26
2013	£155,764	£2,301	18
2012	£155,917	£2,389	24
2011	£154,383	£2,403	15
2010	£153,177	£2,258	11
2009	£150,412	£2,343	17
2008	£152,167	£2,363	9
2007	£161,860	£2,735	29
2006	£140,818	£2,164	37
2005	£136,125	£2,229	26
2004	£140,325	£2,323	26
2003	£117,985	£1,931	42
2002	£95,737	£1,665	33
2001	£80,450	£1,294	38
2000	£73,517	£1,237	60
1999	£58,704	£1,011	45
1998	£54,872	£858	32
1997	£49,564	£784	31
1996	£44,237	£657	19
1995	£41,230	£792	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£150,000	£1,935	2
2023	£112,500	£1,815	1
2022	£172,375	£3,487	4
2021	£100,000	£1,613	2
2020	£123,750	£1,919	4
2019	£147,500	£3,207	1
2018	£116,250	£2,049	4
2017	£140,667	£3,531	3
2016	£147,500	£2,803	6
2015	£98,250	£1,933	2
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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,139	£4,047	9
2023	£351,000	£4,214	16
2022	£323,833	£4,272	15
2021	£296,393	£3,924	28
2020	£303,200	£3,466	15
2019	£272,167	£3,585	18
2018	£280,067	£3,616	26
2017	£286,603	£3,792	29
2016	£262,540	£3,427	25
2015	£230,963	£2,888	27
2014	£207,710	£2,758	26
2013	£186,250	£2,375	16
2012	£179,181	£2,301	22
2011	£166,321	£2,248	28
2010	£182,667	£2,452	12
2009	£160,089	£2,179	13
2008	£185,083	£2,462	18
2007	£192,068	£2,569	39
2006	£169,286	£2,396	35
2005	£164,231	£2,139	27
2004	£154,945	£1,877	22
2003	£146,750	£1,960	32
2002	£109,524	£1,586	29
2001	£98,571	£1,300	42
2000	£87,943	£1,167	45
1999	£72,779	£968	60
1998	£65,902	£875	54
1997	£56,463	£775	35
1996	£52,726	£721	28
1995	£49,291	£643	30

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£1,041,682		1
2017	£160,000		1

House Type in MK16 8SN area

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

Total	139
Detached	73
Semi-detached	45
Terraced	21
Flat	0
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 (71), and Owned: Owns with a mortgage or loan (52).

Owned: Owns outright	71
Owned: Owns with a mortgage or loan	52
Private rented: Private landlord or letting agency	13
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	56
1 person in household	26
4 people in household	25
3 people in household	20
5 people in household	8
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0