Housing Market Analysis for SORRELL DRIVE, MK16 8TL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £134,613 median price is £130,125 Standard Deviation is £72,379 with Total Sold: 30
    • The Last 5 Year average price is £241,667 with Total Sold: 3
    • The most recent sale happened at this postcode is 7 SORRELL DRIVE: £310,000 (Sold on 30 Jun 2022)
    • The first recorded sale happened at this postcode is 21 SORRELL DRIVE: £24,000 (Sold on 19 Apr 1996)
  • Flat
    • The average price is around £126,500 median price is £126,500 Standard Deviation is £30,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 23 SORRELL DRIVE: £157,000 (Sold on 25 May 2017)
    • The first recorded sale happened at this postcode is 23 SORRELL DRIVE: £96,000 (Sold on 08 Aug 2003)
  • Semi-Detached
    • The average price is around £104,500 median price is £104,500 Standard Deviation is £56,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 SORRELL DRIVE: £161,000 (Sold on 08 Sep 2008)
    • The first recorded sale happened at this postcode is 1 SORRELL DRIVE: £48,000 (Sold on 06 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8TL 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£310,000 £3,875 1
2021£210,000 £3,882 1
2020£205,000 £3,712 1
2019£225,000 £4,167 1
2017£234,000 £3,436 2
2016£229,500 £3,513 2
2013£144,000 £2,491 1
2012£125,000 £2,315 1
2011£152,000 £2,815 1
2009£134,750 £2,387 2
2007£152,000 £2,815 1
2006£158,500 £2,444 2
2005£129,250 £2,430 1
2003£112,250 £2,110 1
2002£99,950 £1,729 1
2001£76,624 £1,507 4
2000£64,000 £1,183 1
1999£59,998 £1,107 2
1998£51,975 £930 2
1997£42,000 £727 1
1996£24,000 £585 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£157,000 £3,738 1
2003£96,000 £2,286 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£161,000 £2,012 1
1995£48,0001

All the Sales in the SORRELL DRIVE, MK16 8TL

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

AddressSold DatePrice% Change
7 SORRELL DRIVETerraced, FreeholdArea: 80 Sq.mtrAge: 1983-199030 Jun 2022£310,00026.53%
25 Jul 2016£245,00052.17%
08 Sep 2008£161,000First Sale
17 SORRELL DRIVETerraced, FreeholdArea: 54.1 Sq.mtrAge: 1983-199026 May 2021£210,000156.11%
20 Jul 2001£81,99528.12%
10 Mar 2000£64,000First Sale
9 SORRELL DRIVETerraced, FreeholdArea: 55.22 Sq.mtrAge: 1983-199011 Aug 2020£205,00048.01%
12 Jun 2009£138,500130.85%
21 Sep 1999£59,995First Sale
5 SORRELL DRIVETerraced, FreeholdArea: 54 Sq.mtrAge: 1983-199002 Aug 2019£225,0005.14%
26 Aug 2016£214,00040.79%
12 Aug 2011£152,0000.0
16 Feb 2007£152,00085.37%
30 Nov 2001£82,00064.16%
18 Dec 1998£49,950First Sale
11 SORRELL DRIVETerraced, FreeholdArea: 57.8 Sq.mtrAge: 1983-199021 Dec 2017£213,00047.92%
28 Oct 2013£144,0009.92%
23 Jul 2009£131,00031.07%
01 Nov 2002£99,95085.09%
15 Dec 1998£54,00028.57%
24 Jun 1997£42,000First Sale
23 SORRELL DRIVEFlat, FreeholdArea: 42 Sq.mtrAge: 1983-199025 May 2017£157,00063.54%
08 Aug 2003£96,000First Sale
19 SORRELL DRIVETerraced, FreeholdArea: 80 Sq.mtrAge: 1983-199022 May 2017£255,00050.00%
25 Oct 2006£170,000First Sale
15 SORRELL DRIVETerraced, FreeholdArea: 54 Sq.mtrAge: 1991-199528 Aug 2012£125,00047.93%
30 Nov 2001£84,500First Sale
13 SORRELL DRIVETerraced, FreeholdArea: 53.2 Sq.mtrAge: 1983-199020 Sep 2006£147,00013.73%
24 Mar 2005£129,25015.14%
25 Apr 2003£112,25087.08%
26 Nov 1999£60,000First Sale
25 SORRELL DRIVETerraced, FreeholdArea: 40.6 Sq.mtrAge: 1983-199008 Feb 2001£58,000First Sale
21 SORRELL DRIVETerraced, FreeholdArea: 41 Sq.mtrAge: 1991-199519 Apr 1996£24,000First Sale
1 SORRELL DRIVESemi-Detached, Freehold06 Oct 1995£48,000First Sale

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

SORRELL DRIVE, MK16 8TL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £254,346 median price is £236,000 Standard Deviation is £142,566 with Total Sold: 586
    • The Last 5 Year average price is £455,770 with Total Sold: 76
    • The most recent sale happened at this postcode is , 10 DRYDEN CLOSE: £385,000 (Sold on 06 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 £152,414 median price is £142,000 Standard Deviation is £88,947 with Total Sold: 654
    • The Last 5 Year average price is £290,279 with Total Sold: 66
    • The most recent sale happened at this postcode is , 111 WORDSWORTH AVENUE: £290,000 (Sold on 07 Aug 2024)
    • The first recorded sale happened at this postcode is , 35 SORRELL DRIVE: £44,950 (Sold on 24 Feb 1995)
  • Flat
    • The average price is around £138,514 median price is £145,000 Standard Deviation is £52,563 with Total Sold: 235
    • The Last 5 Year average price is £183,628 with Total Sold: 43
    • 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 £171,941 median price is £165,000 Standard Deviation is £94,063 with Total Sold: 748
    • The Last 5 Year average price is £313,175 with Total Sold: 87
    • The most recent sale happened at this postcode is , 23 LINFORD AVENUE: £268,000 (Sold on 27 Jun 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 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£442,222 £4,975 9
2023£518,364 £4,626 11
2022£484,056 £4,478 18
2021£436,019 £4,047 26
2020£408,917 £3,817 12
2019£399,767 £4,139 15
2018£393,750 £3,685 20
2017£408,325 £3,693 10
2016£397,280 £3,513 25
2015£315,565 £3,017 50
2014£293,821 £2,746 14
2013£267,000 £2,680 14
2012£228,455 £2,732 11
2011£221,961 £2,846 13
2010£253,031 £2,762 16
2009£220,192 £2,276 13
2008£277,278 £2,689 9
2007£250,921 £2,501 19
2006£261,223 £2,167 29
2005£235,827 £2,343 9
2004£247,500 £2,080 11
2003£252,812 £1,894 16
2002£185,670 £1,558 25
2001£140,775 £1,281 18
2000£147,352 £1,305 31
1999£136,006 £1,110 33
1998£106,608 £968 40
1997£101,959 £903 46
1996£80,142 £823 14
1995£60,661 £688 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,148 £4,015 6
2023£320,839 £4,187 14
2022£308,333 £4,362 12
2021£262,676 £3,722 17
2020£270,840 £3,328 17
2019£272,026 £3,398 19
2018£266,500 £3,255 25
2017£244,795 £3,490 22
2016£234,692 £3,455 13
2015£213,923 £2,971 21
2014£207,637 £2,648 38
2013£152,109 £2,262 16
2012£160,040 £2,363 24
2011£161,354 £2,464 12
2010£163,744 £2,314 8
2009£169,225 £2,222 20
2008£164,430 £2,408 10
2007£164,012 £2,665 27
2006£139,992 £2,125 31
2005£130,069 £2,222 18
2004£142,815 £2,300 22
2003£117,694 £1,925 33
2002£95,706 £1,668 30
2001£80,770 £1,294 30
2000£73,119 £1,247 51
1999£59,953 £1,050 33
1998£55,888 £953 25
1997£50,881 £783 25
1996£44,731 £655 16
1995£42,029 £809 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,667 £1,935 3
2023£190,625 £2,672 4
2022£192,909 £3,233 11
2021£185,654 £2,666 13
2020£173,583 £2,641 12
2019£189,167 £2,935 6
2018£177,750 £2,722 12
2017£185,909 £7,721 11
2016£172,500 £2,836 13
2015£152,642 £2,393 12
2014£157,200 £2,394 18
2013£130,300 £2,170 5
2012£134,382 £2,029 11
2011£138,190 £2,035 25
2010£141,838 £1,897 17
2009£101,833 £36,018 3
2008£102,167 £1,967 3
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£313,250 £3,869 9
2023£332,222 £4,483 18
2022£332,471 £4,420 17
2021£302,732 £3,985 28
2020£287,900 £3,212 15
2019£277,727 £3,761 11
2018£287,115 £3,650 24
2017£287,283 £3,738 30
2016£277,890 £3,628 32
2015£237,158 £2,921 36
2014£201,709 £2,965 27
2013£187,825 £2,518 20
2012£176,765 £2,224 17
2011£168,750 £2,455 20
2010£185,364 £2,394 11
2009£173,653 £2,250 13
2008£191,585 £2,352 17
2007£193,439 £2,678 28
2006£173,615 £2,372 26
2005£160,717 £2,151 23
2004£162,704 £2,142 22
2003£149,166 £1,999 27
2002£112,110 £1,563 29
2001£96,291 £1,330 36
2000£88,136 £1,189 40
1999£73,130 £977 50
1998£67,286 £902 41
1997£56,936 £782 29
1996£54,720 £717 25
1995£49,028 £645 27
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,041,6821
2017£160,0001

House Type in MK16 8TL area

The most common house types in the MK16 8TL postcode area are Semi-detached (77), Terraced (20), and Detached (19).

Total117
Semi-detached77
Terraced20
Detached19
Flat1
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 (56), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright56
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency19
Social rented: Rents from council or Local Authority7
Social rented: Other social rented3
Private rented: Other private rented1
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0

Number of People in a Household

The most houses in the MK16 8TL have 2 people in household (40), and 1 person in household (38).

2 people in household40
1 person in household38
4 people in household19
3 people in household9
5 people in household5
6 people in household3
0 people in household0
7 people in household0
8 or more people in household0