Housing Market Analysis for TOWER CLOSE, MK16 9EU

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £163,400 median price is £165,000 Standard Deviation is £78,474 with Total Sold: 5
    • The Last 5 Year average price is £250,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 4 TOWER CLOSE: £250,000 (Sold on 13 Nov 2019)
    • The first recorded sale happened at this postcode is 4 TOWER CLOSE: £60,000 (Sold on 31 Mar 1998)
  • Terraced
    • The average price is around £82,475 median price is £82,475 Standard Deviation is £7,475 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 TOWER CLOSE: £89,950 (Sold on 27 Oct 2000)
    • The first recorded sale happened at this postcode is 5 TOWER CLOSE: £75,000 (Sold on 11 Aug 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 9EU 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£250,000 £2,717 1
2016£250,000 £2,717 1
2013£165,000 £1,941 1
2005£92,0001
1998£60,000 £652 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2000£89,950 £1,110 1
1999£75,000 £926 1

All the Sales in the TOWER CLOSE, MK16 9EU

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

AddressSold DatePrice% Change
4 TOWER CLOSESemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1950-196613 Nov 2019£250,0000.0
09 Nov 2016£250,000316.67%
31 Mar 1998£60,000First Sale
1 TOWER CLOSESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1930-194904 Jul 2013£165,000First Sale
2 TOWER CLOSESemi-Detached, Freehold10 Jan 2005£92,000First Sale
5 TOWER CLOSETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196627 Oct 2000£89,95019.93%
11 Aug 1999£75,000First Sale

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

TOWER CLOSE, MK16 9EU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £194,482 median price is £166,500 Standard Deviation is £114,925 with Total Sold: 20
    • The Last 5 Year average price is £366,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 75 : £552,500 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is , 8 : £78,500 (Sold on 28 Apr 1995)
  • Terraced
    • The average price is around £200,644 median price is £187,000 Standard Deviation is £92,140 with Total Sold: 17
    • The Last 5 Year average price is £286,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , 21 : £235,000 (Sold on 27 Aug 2021)
    • The first recorded sale happened at this postcode is , 21A : £51,000 (Sold on 29 Mar 1996)
  • Detached
    • The average price is around £425,250 median price is £330,000 Standard Deviation is £331,995 with Total Sold: 33
    • The Last 5 Year average price is £1,400,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MIDDLE FARM HOUSE : £1,400,000 (Sold on 11 Feb 2021)
    • The first recorded sale happened at this postcode is , 40 : £82,500 (Sold on 16 May 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£552,500 £3,369 1
2019£273,750 £3,291 2
2016£257,500 £3,079 2
2013£165,000 £1,941 1
2010£245,000 £1,870 1
2009£174,995 £2,273 1
2007£335,0001
2006£275,150 £3,931 1
2005£92,0001
2004£168,000 £2,471 1
2002£122,000 £1,794 1
1998£90,833 £1,140 3
1997£101,000 £1,308 2
1996£144,500 £881 1
1995£78,500 £1,121 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£235,000 £3,983 1
2019£337,000 £3,404 1
2016£345,000 £3,946 2
2015£185,000 £3,136 1
2014£201,250 £3,314 2
2013£267,500 £2,346 1
2007£205,500 £2,595 2
2006£163,500 £2,771 1
2005£232,500 £2,348 1
2002£180,000 £1,818 1
2000£90,475 £1,340 2
1999£75,000 £926 1
1996£51,000 £879 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£1,400,000 £7,736 1
2018£860,000 £3,444 2
2017£350,000 £2,756 1
2016£741,667 £3,221 3
2011£615,000 £2,210 2
2010£960,000 £2,995 1
2007£548,7502
2005£410,667 £2,598 3
2004£320,0001
2003£371,167 £2,573 3
2002£225,0001
2001£189,000 £1,157 2
2000£134,2501
1999£136,250 £1,445 2
1998£164,000 £1,594 2
1997£295,000 £958 1
1996£222,500 £920 2
1995£102,500 £1,076 3

House Type in MK16 9EU area

The most common house types in the MK16 9EU postcode area are Detached (39), Semi-detached (33), and Terraced (15).

Total88
Detached39
Semi-detached33
Terraced15
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (34), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright34
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency16
Private rented: Other private rented9
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the MK16 9EU have 2 people in household (41), and 1 person in household (21).

2 people in household41
1 person in household21
3 people in household16
4 people in household7
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0