Housing Market Analysis for SEVERN DRIVE, MK16 9BU

Are you looking to understand MK16 9BU 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 9BU area, explore the MK16 9BU Area information page.
For comprehensive crime statistics in the MK16 9BU area, explore the MK16 9BU Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK16 9BU postcode area, The average prices are as follows,

  • Detached
    • The average price is around £330,000 median price is £330,000 Standard Deviation is £160,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 SEVERN DRIVE: £490,000 (Sold on 22 Mar 2019)
    • The first recorded sale happened at this postcode is 7 SEVERN DRIVE: £170,000 (Sold on 11 Dec 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 9BU 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
2019£490,000 £3,889 1
2000£170,000 £1,349 1

All the Sales in the SEVERN DRIVE, MK16 9BU

See the table below for more details on the sold house prices in the MK16 9BU, Milton Keynes postcode.

AddressSold DatePrice% Change
7 SEVERN DRIVEDetached, FreeholdArea: 126 Sq.mtrAge: 1967-197522 Mar 2019£490,000188.24%
11 Dec 2000£170,000First Sale

Check out the sold house prices near the MK16 9BU postcode. Properties currently for saleProperties currently for rent

SEVERN DRIVE, MK16 9BU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK16 9BU 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 9BU postcode.

  • Terraced
    • The average price is around £166,877 median price is £151,500 Standard Deviation is £97,508 with Total Sold: 986
    • The Last 5 Year average price is £287,766 with Total Sold: 115
    • The most recent sale happened at this postcode is , 26 TICKFORD STREET: £317,500 (Sold on 09 Sep 2024)
    • The first recorded sale happened at this postcode is , 3 FREDERICA COTTAGES: £37,750 (Sold on 10 Jan 1995)
  • Semi-Detached
    • The average price is around £182,692 median price is £173,000 Standard Deviation is £103,727 with Total Sold: 838
    • The Last 5 Year average price is £341,668 with Total Sold: 76
    • The most recent sale happened at this postcode is , 9 BURY STREET: £282,500 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 44 PRIORY STREET: £53,500 (Sold on 06 Feb 1995)
  • Detached
    • The average price is around £228,282 median price is £204,000 Standard Deviation is £137,085 with Total Sold: 448
    • The Last 5 Year average price is £443,023 with Total Sold: 44
    • The most recent sale happened at this postcode is , 5 TRENT DRIVE: £475,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 DOVE CLOSE: £100,500 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £128,121 median price is £121,250 Standard Deviation is £60,845 with Total Sold: 244
    • The Last 5 Year average price is £181,515 with Total Sold: 34
    • The most recent sale happened at this postcode is , 16 POLLYS YARD: £216,500 (Sold on 04 Jul 2024)
    • The first recorded sale happened at this postcode is , 5 UNION STREET: £63,500 (Sold on 24 Mar 1995)
  • Other
    • The average price is around £469,418 median price is £295,000 Standard Deviation is £768,645 with Total Sold: 57
    • The Last 5 Year average price is £465,154 with Total Sold: 21
    • The most recent sale happened at this postcode is , 22 ST JOHN STREET: £200,000 (Sold on 29 Apr 2024)
    • The first recorded sale happened at this postcode is , 22 - 24 HIGH STREET: £150,000 (Sold on 29 Aug 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£307,889 £3,961 18
2023£298,730 £3,861 23
2022£315,975 £4,042 20
2021£280,014 £3,686 35
2020£240,013 £3,702 19
2019£280,135 £3,542 33
2018£317,719 £3,539 60
2017£259,272 £3,476 27
2016£239,274 £3,432 30
2015£203,909 £2,983 37
2014£205,370 £2,625 27
2013£175,379 £2,361 35
2012£157,108 £2,295 20
2011£150,952 £2,290 24
2010£162,137 £2,310 19
2009£157,905 £2,464 22
2008£173,667 £2,476 6
2007£179,022 £2,669 43
2006£158,655 £2,313 40
2005£151,320 £2,082 35
2004£148,971 £2,238 43
2003£135,279 £1,985 41
2002£112,014 £1,727 58
2001£93,170 £1,324 44
2000£79,352 £1,280 44
1999£64,814 £1,002 41
1998£56,907 £863 46
1997£52,224 £783 41
1996£47,717 £705 29
1995£45,837 £558 26
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£362,500 £4,670 3
2023£338,665 £4,167 20
2022£358,118 £3,964 17
2021£327,476 £3,675 21
2020£342,733 £3,836 15
2019£325,233 £3,408 32
2018£318,782 £3,537 37
2017£300,173 £3,672 28
2016£277,664 £3,324 18
2015£254,482 £3,090 22
2014£236,673 £2,706 26
2013£205,688 £2,567 21
2012£199,208 £2,410 24
2011£199,556 £2,200 18
2010£208,258 £2,065 23
2009£185,375 £2,159 24
2008£193,455 £1,955 11
2007£200,304 £2,386 25
2006£177,078 £2,152 32
2005£176,900 £2,210 38
2004£171,018 £2,111 38
2003£163,623 £1,815 38
2002£135,256 £1,561 32
2001£116,318 £1,399 36
2000£104,739 £1,203 28
1999£80,291 £895 46
1998£68,021 £795 44
1997£65,445 £716 56
1996£60,513 £671 41
1995£54,958 £638 24
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£470,000 £3,295 3
2023£482,500 £4,129 6
2022£428,100 £4,074 5
2021£436,840 £4,092 25
2020£425,300 £3,595 5
2019£381,500 £3,264 7
2018£378,450 £3,375 10
2017£417,625 £3,446 16
2016£354,777 £3,659 15
2015£280,909 £3,166 11
2014£294,250 £2,890 6
2013£269,808 £2,667 13
2012£255,455 £2,392 11
2011£237,900 £2,222 10
2010£277,333 £2,460 9
2009£203,800 £2,222 5
2008£287,900 £2,512 10
2007£270,541 £2,344 12
2006£274,138 £2,279 18
2005£232,703 £2,243 16
2004£247,857 £2,015 14
2003£220,051 £1,955 31
2002£174,211 £1,551 19
2001£168,200 £1,360 21
2000£149,106 £1,274 25
1999£93,492 £911 15
1998£100,488 £928 41
1997£90,775 £887 46
1996£82,077 £628 13
1995£84,220 £622 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£185,750 £1,845 4
2023£166,438 £3,386 8
2022£203,455 £3,562 11
2021£157,143 £2,993 7
2020£189,750 £3,293 4
2019£171,167 £3,298 6
2018£168,750 £2,884 6
2017£145,250 £3,552 8
2016£143,571 £3,861 7
2015£157,667 £3,702 6
2014£142,929 £2,567 7
2013£133,500 £2,343 6
2012£124,333 £2,246 3
2011£102,000 £2,584 5
2010£125,000 £3,207 4
2009£103,900 £2,410 5
2008£145,277 £3,349 9
2007£165,280 £3,467 25
2006£137,632 £2,743 30
2005£119,250 £2,298 14
2004£117,999 £2,454 7
2003£97,635 £2,377 11
2002£100,999 £1,662 14
2001£61,625 £1,339 4
2000£65,124 £1,547 8
1999£57,716 £1,031 6
1998£38,500 £755 2
1997£26,829 £672 12
1996£29,000 £547 1
1995£35,000 £569 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£207,525 £3,689 4
2023£181,500 £50 2
2022£496,667 £5,000 3
2021£259,022 £3,679 5
2020£827,147 £4,604 7
2019£377,750 £6,143 4
2018£346,433 £1,495 6
2017£698,033 £7,937 11
2016£504,4029
2015£210,3333
2014£183,333 £1,493 3

House Type in MK16 9BU area

The most common house types in the MK16 9BU postcode area are Semi-detached (96), Detached (35), and Terraced (1).

Total132
Semi-detached96
Detached35
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 (69), and Owned: Owns with a mortgage or loan (50).

Owned: Owns outright69
Owned: Owns with a mortgage or loan50
Private rented: Private landlord or letting agency8
Social rented: Other social rented2
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the MK16 9BU have 2 people in household (59), and 4 people in household (24).

2 people in household59
4 people in household24
3 people in household22
1 person in household16
5 people in household9
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0