Housing Market Analysis for THOMAS DRIVE, MK16 8TD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £245,656 median price is £237,500 Standard Deviation is £98,105 with Total Sold: 16
    • The Last 5 Year average price is £379,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 THOMAS DRIVE: £378,500 (Sold on 28 Jul 2023)
    • The first recorded sale happened at this postcode is 13 THOMAS DRIVE: £92,000 (Sold on 30 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8TD 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£378,500 £4,560 1
2021£380,000 £4,524 1
2017£340,000 £2,982 1
2016£374,000 £3,703 1
2015£322,500 £3,193 1
2013£235,000 £2,831 1
2011£235,000 £2,127 1
2007£239,998 £2,278 2
2004£258,3333
1999£94,000 £1,119 1
1998£137,0001
1997£87,500 £1,042 1
1996£92,0001

All the Sales in the THOMAS DRIVE, MK16 8TD

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

AddressSold DatePrice% Change
25 THOMAS DRIVEDetached, FreeholdArea: 83 Sq.mtrAge: 1991-199528 Jul 2023£378,50061.06%
25 Apr 2013£235,000168.57%
28 Nov 1997£87,500First Sale
3 THOMAS DRIVEDetached, FreeholdArea: 84 Sq.mtrAge: 1991-199504 Jun 2021£380,000304.26%
08 Jun 1999£94,000First Sale
5 THOMAS DRIVEDetached, FreeholdArea: 114 Sq.mtrAge: 1976-198216 Jun 2017£340,000First Sale
9 THOMAS DRIVEDetached, FreeholdArea: 101 Sq.mtrAge: 1983-199029 Nov 2016£374,00015.97%
07 Jul 2015£322,50029.00%
28 Sep 2007£250,000First Sale
11 THOMAS DRIVEDetached, FreeholdArea: 110.5 Sq.mtrAge: 1983-199022 Jul 2011£235,0002.18%
03 Apr 2007£229,995First Sale
19 THOMAS DRIVEDetached, Freehold02 Sep 2004£235,000First Sale
13 THOMAS DRIVEDetached, Freehold25 Aug 2004£240,000160.87%
30 Aug 1996£92,000First Sale
23 THOMAS DRIVEDetached, Freehold06 Feb 2004£300,000118.98%
13 Mar 1998£137,000First Sale

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

THOMAS DRIVE, MK16 8TD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £254,195 median price is £235,000 Standard Deviation is £133,692 with Total Sold: 367
    • The Last 5 Year average price is £462,020 with Total Sold: 43
    • 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 , 14 HOUSMAN CLOSE: £75,000 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £137,854 median price is £135,000 Standard Deviation is £75,954 with Total Sold: 377
    • The Last 5 Year average price is £258,903 with Total Sold: 44
    • 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)
  • Semi-Detached
    • The average price is around £167,925 median price is £163,000 Standard Deviation is £93,541 with Total Sold: 506
    • The Last 5 Year average price is £315,034 with Total Sold: 58
    • 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 , 2 SCOTT DRIVE: £46,500 (Sold on 28 Mar 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)
  • Flat
    • The average price is around £86,833 median price is £92,000 Standard Deviation is £24,160 with Total Sold: 3
    • The most recent sale happened at this postcode is , 105 WORDSWORTH AVENUE: £113,500 (Sold on 08 Apr 2005)
    • The first recorded sale happened at this postcode is , 105 WORDSWORTH AVENUE: £55,000 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£433,800 £4,890 5
2023£516,167 £4,675 9
2022£520,100 £3,821 5
2021£433,716 £3,982 11
2020£450,250 £3,516 4
2019£431,111 £3,802 9
2018£464,167 £3,521 6
2017£387,750 £4,118 10
2016£357,400 £3,349 14
2015£355,179 £3,222 14
2014£306,067 £2,851 15
2013£298,000 £3,089 11
2012£292,375 £2,515 12
2011£239,179 £2,368 14
2010£251,982 £2,558 14
2009£254,958 £2,101 12
2008£320,400 £2,758 5
2007£241,025 £2,365 18
2006£266,881 £2,090 17
2005£276,500 £2,678 6
2004£258,857 £1,973 14
2003£237,068 £1,989 14
2002£183,224 £1,618 22
2001£154,427 £1,388 15
2000£143,746 £1,257 14
1999£120,476 £1,054 21
1998£115,936 £816 8
1997£107,500 £996 16
1996£90,834 £780 23
1995£85,011 £687 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£285,667 £3,956 6
2023£283,950 £4,178 5
2022£287,500 £4,456 6
2021£237,500 £3,669 7
2020£251,000 £3,486 12
2019£232,312 £3,439 8
2018£245,639 £3,591 18
2017£230,722 £3,777 9
2016£223,200 £3,644 10
2015£190,833 £3,002 12
2014£179,120 £2,817 15
2013£164,833 £2,408 6
2012£164,818 £2,491 11
2011£144,556 £2,183 9
2010£152,500 £2,141 5
2009£153,800 £2,436 5
2008£163,100 £2,410 5
2007£168,115 £2,809 13
2006£149,545 £2,429 11
2005£141,656 £2,360 16
2004£135,269 £2,252 13
2003£122,475 £1,955 22
2002£98,430 £1,678 13
2001£84,443 £1,223 25
2000£73,677 £1,224 33
1999£56,806 £915 23
1998£51,617 £730 19
1997£46,552 £830 19
1996£43,588 £671 12
1995£39,499 £724 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£300,000 £5,000 4
2023£355,333 £4,199 6
2022£310,250 £4,157 10
2021£330,278 £3,952 18
2020£323,111 £3,742 9
2019£271,318 £3,488 11
2018£285,265 £3,539 17
2017£289,548 £3,868 21
2016£269,600 £3,430 15
2015£247,714 £2,897 14
2014£213,632 £2,861 19
2013£204,571 £2,533 7
2012£183,905 £2,381 16
2011£170,222 £2,335 18
2010£179,750 £2,767 8
2009£153,514 £2,176 11
2008£186,864 £2,537 11
2007£193,608 £2,459 22
2006£169,942 £2,416 26
2005£162,161 £2,132 17
2004£163,076 £1,940 17
2003£145,934 £1,924 23
2002£114,486 £1,674 15
2001£109,605 £1,314 19
2000£89,112 £1,176 22
1999£77,013 £998 33
1998£63,713 £850 35
1997£60,675 £805 27
1996£53,221 £738 20
1995£51,933 £669 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£688,341 £4,036 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£113,500 £3,068 1
2002£92,000 £2,486 1
2000£55,000 £1,486 1

House Type in MK16 8TD area

The most common house types in the MK16 8TD postcode area are Detached (109), Semi-detached (7), and Terraced (1).

Total117
Detached109
Semi-detached7
Terraced1
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 (62), and Owned: Owns with a mortgage or loan (47).

Owned: Owns outright62
Owned: Owns with a mortgage or loan47
Private rented: Private landlord or letting agency6
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the MK16 8TD have 2 people in household (53), and 4 people in household (25).

2 people in household53
4 people in household25
3 people in household24
1 person in household8
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0