Housing Market Analysis for PENNYCRESS WAY, MK16 8TT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £210,118 median price is £148,250 Standard Deviation is £129,914 with Total Sold: 54
    • The Last 5 Year average price is £435,500 with Total Sold: 7
    • The most recent sale happened at this postcode is 78 PENNYCRESS WAY: £425,000 (Sold on 26 Jan 2023)
    • The first recorded sale happened at this postcode is 34 PENNYCRESS WAY: £29,000 (Sold on 31 Aug 1995)
  • Flat
    • The average price is around £90,102 median price is £92,000 Standard Deviation is £41,906 with Total Sold: 54
    • The Last 5 Year average price is £167,375 with Total Sold: 4
    • The most recent sale happened at this postcode is 44 PENNYCRESS WAY: £172,000 (Sold on 17 Aug 2022)
    • The first recorded sale happened at this postcode is 44 PENNYCRESS WAY: £180,000 (Sold on 12 Jul 2024)
  • Terraced
    • The average price is around £101,403 median price is £103,500 Standard Deviation is £47,950 with Total Sold: 27
    • The most recent sale happened at this postcode is 22 PENNYCRESS WAY: £140,000 (Sold on 19 Oct 2018)
    • The first recorded sale happened at this postcode is 8 PENNYCRESS WAY: £32,000 (Sold on 31 Aug 1995)
  • Semi-Detached
    • The average price is around £51,736 median price is £44,998 Standard Deviation is £18,292 with Total Sold: 4
    • The most recent sale happened at this postcode is 12 PENNYCRESS WAY: £82,000 (Sold on 28 Mar 2003)
    • The first recorded sale happened at this postcode is 12 PENNYCRESS WAY: £34,950 (Sold on 28 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 8TT 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£425,000 £5,120 1
2022£547,500 £4,148 1
2021£422,000 £4,368 3
2020£405,000 £3,598 2
2019£486,500 £3,923 1
2018£370,000 £4,205 1
2017£382,500 £3,509 1
2015£296,500 £2,770 3
2013£279,000 £2,431 2
2010£277,000 £2,328 1
2009£243,750 £1,720 2
2008£277,000 £2,413 2
2007£266,000 £2,243 2
2005£240,000 £2,330 1
2004£260,0001
2001£154,0002
2000£167,5001
1999£133,498 £1,129 2
1998£100,995 £856 7
1997£104,848 £916 17
1995£29,000 £630 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£163,167 £3,478 3
2019£147,500 £3,207 1
2018£140,000 £2,952 1
2017£150,000 £3,261 1
2016£156,500 £2,916 2
2015£124,000 £2,696 1
2014£121,000 £2,521 1
2013£115,000 £2,221 2
2012£85,000 £1,754 1
2011£89,500 £1,903 1
2008£90,000 £1,898 1
2007£122,000 £2,652 2
2005£103,833 £2,176 3
2004£101,786 £2,241 7
2003£95,333 £1,946 3
2002£78,900 £1,626 5
2001£64,500 £1,312 2
2000£50,899 £1,092 5
1999£46,500 £989 1
1998£35,519 £715 5
1997£33,000 £717 1
1996£29,950 £666 1
1995£28,998 £628 3
2024£180,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£140,000 £2,979 1
2017£148,000 £3,289 1
2016£230,000 £4,182 1
2014£176,000 £3,200 1
2013£146,000 £2,382 1
2010£160,500 £2,918 1
2007£125,750 £2,686 2
2006£114,500 £2,544 1
2005£119,667 £2,168 3
2003£104,125 £1,848 4
2002£72,400 £1,508 1
2001£53,000 £1,152 1
2000£59,832 £1,155 3
1999£39,995 £849 1
1998£60,000 £979 1
1997£52,995 £722 3
1995£32,000 £711 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£82,0001
2000£49,995 £1,064 1
1999£40,000 £930 1
1997£34,9501

All the Sales in the PENNYCRESS WAY, MK16 8TT

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

AddressSold DatePrice% Change
78 PENNYCRESS WAYDetached, FreeholdArea: 83 Sq.mtrAge: 1996-200226 Jan 2023£425,00016.44%
29 Sep 2021£365,00036.70%
06 Aug 2015£267,000238.00%
20 Jun 1997£78,995First Sale
44 PENNYCRESS WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1996-200217 Aug 2022£172,00014.67%
31 Aug 2017£150,00032.16%
02 Sep 2013£113,5007.58%
05 Aug 2005£105,50014.67%
12 Sep 2003£92,00075.24%
02 Jun 2000£52,500-70.83%
12 Jul 2024£180,000First Sale
96 PENNYCRESS WAYDetached, FreeholdArea: 132 Sq.mtrAge: 1996-200211 Aug 2022£547,50079.51%
25 Jul 2008£305,000100.66%
12 Aug 1999£152,00020.64%
21 Nov 1997£125,995First Sale
38 PENNYCRESS WAYFlat, LeaseholdArea: 46.88 Sq.mtrAge: 1983-199001 Jul 2022£160,000146.15%
09 Apr 2002£65,000First Sale
26 PENNYCRESS WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199006 Jan 2022£157,500-0.32%
24 Aug 2016£158,00030.58%
01 Aug 2014£121,0000.83%
30 Jul 2007£120,0008.11%
06 Oct 2005£111,00031.36%
24 Jan 2003£84,50069.02%
13 Mar 2000£49,995First Sale
82 PENNYCRESS WAYDetached, FreeholdArea: 119 Sq.mtrAge: 1996-200229 Sep 2021£518,00087.00%
10 Sep 2010£277,000151.83%
27 Jun 1997£109,995First Sale
110 PENNYCRESS WAYDetached, FreeholdArea: 88 Sq.mtrAge: 1996-200209 Feb 2021£383,0003.51%
21 Nov 2018£370,000311.13%
10 Feb 1998£89,995First Sale
104 PENNYCRESS WAYDetached, FreeholdArea: 129 Sq.mtrAge: 1996-200228 Aug 2020£420,000366.69%
23 Jan 1998£89,995First Sale
114 PENNYCRESS WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1996-200220 Feb 2020£390,00056.63%
26 Aug 2008£249,000144.13%
27 Feb 1998£101,995First Sale
20 PENNYCRESS WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1983-199031 Oct 2019£147,50028.26%
22 Aug 2007£115,0004.55%
12 Nov 2004£110,00022.22%
11 Apr 2003£90,00069.81%
31 Oct 2001£53,000First Sale
90 PENNYCRESS WAYDetached, FreeholdArea: 124 Sq.mtrAge: 1996-200216 Sep 2019£486,500283.09%
27 Nov 1997£126,995First Sale
18 PENNYCRESS WAYFlat, LeaseholdArea: 47.42 Sq.mtrAge: 1983-199021 Nov 2018£140,00055.56%
24 Oct 2008£90,000-13.46%
29 Jul 2005£104,00020.93%
15 Nov 2002£86,000First Sale
22 PENNYCRESS WAYTerraced, LeaseholdArea: 47 Sq.mtrAge: 1983-199019 Oct 2018£140,00093.37%
23 Apr 2002£72,400First Sale
94 PENNYCRESS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1996-200212 May 2017£382,50040.37%
21 Aug 2015£272,500147.74%
08 Dec 1997£109,995First Sale
28 PENNYCRESS WAYTerraced, LeaseholdArea: 45 Sq.mtrAge: 1991-199524 Mar 2017£148,00012.55%
07 Sep 2007£131,500150.48%
01 Sep 2000£52,500First Sale
48 PENNYCRESS WAYFlat, LeaseholdArea: 61 Sq.mtrAge: 1983-199030 Nov 2016£155,000105.30%
03 May 2002£75,50088.77%
12 Jun 1998£39,995First Sale
62 PENNYCRESS WAYTerraced, FreeholdArea: 55 Sq.mtrAge: 1996-200222 Jul 2016£230,00030.68%
01 Jul 2014£176,0009.66%
28 May 2010£160,50011.07%
16 Dec 2005£144,50018.44%
21 Feb 2003£122,000144.02%
24 Feb 1997£49,995First Sale
34 PENNYCRESS WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1976-198231 Jul 2015£124,000327.59%
31 Aug 1995£29,000First Sale
70 PENNYCRESS WAYDetached, FreeholdArea: 135 Sq.mtrAge: 1996-200212 Mar 2015£350,00022.81%
10 Dec 2007£285,000166.37%
26 Mar 1997£106,995First Sale
86 PENNYCRESS WAYDetached, FreeholdArea: 119 Sq.mtrAge: 1996-200225 Nov 2013£285,000152.22%
08 Aug 1997£112,995First Sale
52 PENNYCRESS WAYFlat, LeaseholdArea: 59 Sq.mtrAge: 1996-200209 Jul 2013£116,50017.68%
24 Jan 2003£99,000First Sale
64 PENNYCRESS WAYTerraced, FreeholdArea: 61.3 Sq.mtrAge: 1996-200205 Jul 2013£146,00021.67%
07 Mar 2003£120,00055.84%
01 Dec 2000£77,00028.33%
19 Jun 1998£60,00027.67%
21 Feb 1997£46,995First Sale
72 PENNYCRESS WAYDetached, FreeholdArea: 110.7 Sq.mtrAge: 1991-199528 Mar 2013£273,000178.59%
28 Feb 1997£97,995First Sale
32 PENNYCRESS WAYFlat, LeaseholdArea: 48.47 Sq.mtrAge: 1983-199005 Oct 2012£85,000-17.48%
02 Jul 2004£103,00049.28%
20 Dec 2001£69,00038.00%
14 Sep 2000£50,000First Sale
24 PENNYCRESS WAYFlat, LeaseholdArea: 47.04 Sq.mtrAge: 1983-199009 Dec 2011£89,5005.29%
13 Dec 2002£85,00082.80%
01 Dec 1999£46,50066.07%
13 Apr 1995£28,000First Sale
102 PENNYCRESS WAYDetached, FreeholdArea: 140.96 Sq.mtrAge: 1996-200221 Aug 2009£242,500118.48%
09 Jan 1998£110,995First Sale
100 PENNYCRESS WAYDetached, Freehold13 Mar 2009£245,000-5.77%
13 May 2004£260,00055.22%
10 Nov 2000£167,50034.01%
18 Dec 1997£124,995First Sale
42 PENNYCRESS WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1996-200228 Sep 2007£129,00030.96%
05 May 2004£98,50095.05%
31 Oct 2000£50,50050.30%
18 Feb 1998£33,600First Sale
80 PENNYCRESS WAYDetached, FreeholdArea: 104 Sq.mtrAge: 1996-200231 Jul 2007£247,000114.79%
20 Dec 1999£114,99545.57%
16 Jun 1997£78,995First Sale
8 PENNYCRESS WAYTerraced, LeaseholdArea: 45 Sq.mtrAge: 1996-200221 Jul 2006£114,500186.29%
08 Sep 1999£39,99524.98%
31 Aug 1995£32,000First Sale
58 PENNYCRESS WAYFlat, LeaseholdArea: 50 Sq.mtrAge: 1996-200209 Dec 2005£102,00070.00%
21 Sep 2001£60,000First Sale
76 PENNYCRESS WAYDetached, FreeholdArea: 103 Sq.mtrAge: 1996-200205 Aug 2005£240,000155.33%
23 Apr 1997£93,995First Sale
4 PENNYCRESS WAYTerraced, LeaseholdArea: 47.95 Sq.mtrAge: 1976-198207 Feb 2005£103,500First Sale
36 PENNYCRESS WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 1991-199522 Oct 2004£111,000382.61%
29 Aug 1995£23,000First Sale
56 PENNYCRESS WAYFlat, LeaseholdArea: 47.1 Sq.mtrAge: 1983-199006 Aug 2004£103,000First Sale
6 PENNYCRESS WAYFlat, Leasehold17 Feb 2004£95,00090.02%
08 Sep 2000£49,995First Sale
12 PENNYCRESS WAYFlat, Leasehold30 Jan 2004£92,00012.20%
28 Mar 2003£82,000134.62%
28 Nov 1997£34,950First Sale
60 PENNYCRESS WAYFlat, LeaseholdArea: 44 Sq.mtrAge: 1983-199002 Jun 2003£95,00014.46%
08 Nov 2002£83,000First Sale
68 PENNYCRESS WAYDetached, Freehold19 Nov 2001£144,50076.23%
25 Apr 1997£81,995First Sale
92 PENNYCRESS WAYDetached, Freehold27 Jul 2001£163,50065.99%
21 Nov 1997£98,500First Sale
2 PENNYCRESS WAYSemi-Detached, LeaseholdArea: 47 Sq.mtrAge: 1983-199007 Jul 2000£49,995First Sale
30 PENNYCRESS WAYFlat, LeaseholdArea: 46.93 Sq.mtrAge: 1983-199026 May 2000£51,500First Sale
54 PENNYCRESS WAYSemi-Detached, LeaseholdArea: 43 Sq.mtrAge: 1991-199528 May 1999£40,000First Sale
40 PENNYCRESS WAYFlat, LeaseholdArea: 48 Sq.mtrAge: 1983-199013 Nov 1998£35,000First Sale
16 PENNYCRESS WAYFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-199019 Jun 1998£35,000First Sale
10 PENNYCRESS WAYFlat, Leasehold09 Apr 1998£34,000First Sale
112 PENNYCRESS WAYDetached, Freehold12 Feb 1998£129,995First Sale
108 PENNYCRESS WAYDetached, FreeholdArea: 137 Sq.mtrAge: 1996-200230 Jan 1998£101,995First Sale
106 PENNYCRESS WAYDetached, Freehold14 Jan 1998£81,995First Sale
98 PENNYCRESS WAYDetached, Freehold05 Dec 1997£124,995First Sale
46 PENNYCRESS WAYFlat, LeaseholdArea: 46 Sq.mtrAge: 1991-199508 Aug 1997£33,000First Sale
88 PENNYCRESS WAYDetached, Freehold25 Jul 1997£99,995First Sale
84 PENNYCRESS WAYDetached, Freehold07 Jul 1997£101,995First Sale
74 PENNYCRESS WAYDetached, Freehold04 Apr 1997£106,995First Sale
66 PENNYCRESS WAYTerraced, FreeholdArea: 91 Sq.mtrAge: 1991-199525 Feb 1997£61,995First Sale
14 PENNYCRESS WAYFlat, LeaseholdArea: 45 Sq.mtrAge: 1983-199028 Jun 1996£29,950-16.79%
30 Jun 1995£35,995First Sale

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

PENNYCRESS WAY, MK16 8TT Near By properties

Interactive Map

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

  • Detached
    • The average price is around £246,383 median price is £224,000 Standard Deviation is £140,844 with Total Sold: 658
    • The Last 5 Year average price is £467,137 with Total Sold: 76
    • 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)
  • Semi-Detached
    • The average price is around £168,012 median price is £162,000 Standard Deviation is £93,638 with Total Sold: 1,026
    • The Last 5 Year average price is £316,615 with Total Sold: 115
    • 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)
  • Terraced
    • The average price is around £135,957 median price is £133,250 Standard Deviation is £76,109 with Total Sold: 720
    • The Last 5 Year average price is £269,582 with Total Sold: 64
    • 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 £118,801 median price is £110,000 Standard Deviation is £58,412 with Total Sold: 127
    • The Last 5 Year average price is £172,800 with Total Sold: 25
    • 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)
  • 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£450,750 £4,975 12
2023£531,214 £4,644 14
2022£489,367 £4,468 15
2021£439,715 £4,043 25
2020£432,300 £3,676 10
2019£400,679 £4,113 14
2018£391,375 £3,684 20
2017£385,672 £3,985 16
2016£387,502 £3,452 28
2015£323,530 £3,092 26
2014£296,929 £2,747 21
2013£264,176 £2,595 17
2012£239,200 £2,682 15
2011£220,964 £2,735 14
2010£251,869 £2,658 21
2009£222,969 £2,157 16
2008£278,500 £2,574 9
2007£246,979 £2,457 26
2006£259,534 £2,160 35
2005£231,532 £2,210 14
2004£241,250 £2,021 14
2003£242,543 £1,878 23
2002£184,846 £1,593 31
2001£144,291 £1,289 22
2000£145,525 £1,258 36
1999£129,979 £1,106 39
1998£105,678 £954 44
1997£101,471 £901 49
1996£80,104 £859 19
1995£70,573 £676 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,021 £4,246 12
2023£344,318 £4,429 22
2022£323,684 £4,278 19
2021£305,354 £4,017 41
2020£307,524 £3,438 21
2019£274,357 £3,615 21
2018£281,798 £3,599 31
2017£287,378 £3,798 37
2016£269,232 £3,487 43
2015£234,455 £2,953 37
2014£205,528 £2,859 34
2013£185,562 £2,537 24
2012£178,538 £2,275 26
2011£166,456 £2,338 34
2010£178,962 £2,394 13
2009£160,243 £2,273 15
2008£188,698 £2,459 20
2007£193,393 £2,563 45
2006£169,350 £2,382 40
2005£164,008 £2,140 30
2004£160,318 £2,051 33
2003£146,850 £1,972 40
2002£108,305 £1,550 35
2001£99,416 £1,305 48
2000£87,645 £1,183 51
1999£72,591 £971 74
1998£66,602 £884 61
1997£57,154 £793 43
1996£52,148 £706 40
1995£49,132 £653 36
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,428 £4,015 7
2023£271,775 £4,473 10
2022£294,091 £4,571 11
2021£254,735 £3,697 17
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£141,112 £2,149 38
2005£136,125 £2,229 26
2004£140,325 £2,323 26
2003£117,985 £1,931 42
2002£96,252 £1,644 33
2001£81,912 £1,277 39
2000£73,873 £1,238 59
1999£58,704 £1,011 45
1998£56,027 £866 34
1997£50,016 £783 30
1996£44,525 £657 20
1995£41,230 £792 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,667 £1,935 3
2023£185,833 £2,641 3
2022£193,786 £3,530 7
2021£151,500 £2,444 4
2020£160,625 £2,552 8
2019£183,750 £3,377 2
2018£150,417 £2,542 6
2017£173,250 £3,425 6
2016£163,389 £2,918 9
2015£146,025 £2,442 8
2014£153,406 £2,561 9
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£1,041,6821
2017£160,0001

House Type in MK16 8TT area

The most common house types in the MK16 8TT postcode area are Terraced (51), Detached (31), and Flat (29).

Total141
Terraced51
Detached31
Flat29
Semi-detached27
Shared house3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (48), and Owned: Owns with a mortgage or loan (40).

Private rented: Private landlord or letting agency48
Owned: Owns with a mortgage or loan40
Social rented: Other social rented31
Owned: Owns outright16
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Shared ownership: Shared ownership1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK16 8TT have 2 people in household (53), and 1 person in household (38).

2 people in household53
1 person in household38
3 people in household24
4 people in household21
5 people in household6
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0