Housing Market Analysis for THE CLOSE, MK16 9LA

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £186,520 median price is £191,625 Standard Deviation is £83,337 with Total Sold: 12
    • The Last 5 Year average price is £312,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 THE CLOSE: £312,500 (Sold on 14 Aug 2023)
    • The first recorded sale happened at this postcode is 10 THE CLOSE: £44,995 (Sold on 25 Mar 1996)
  • Semi-Detached
    • The average price is around £157,299 median price is £159,995 Standard Deviation is £109,274 with Total Sold: 5
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 12 THE CLOSE: £350,000 (Sold on 08 Oct 2021)
    • The first recorded sale happened at this postcode is 7 THE CLOSE: £40,500 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK16 9LA 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
2023£312,500 £3,720 1
2017£300,000 £3,061 1
2016£266,500 £3,173 1
2015£220,000 £2,619 1
2014£181,750 £2,108 3
2012£209,000 £2,241 1
2005£155,000 £1,582 1
2002£130,000 £1,494 1
1998£55,0001
1996£44,995 £517 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £4,070 1
2006£172,000 £2,000 1
2003£159,995 £1,716 1
1999£64,0001
1997£40,5001

All the Sales in the THE CLOSE, MK16 9LA

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

AddressSold DatePrice% Change
2 THE CLOSETerraced, FreeholdArea: 84 Sq.mtrAge: 1930-194914 Aug 2023£312,50017.26%
31 Aug 2016£266,50021.14%
17 Apr 2015£220,00061.76%
10 Jan 2014£136,000First Sale
12 THE CLOSESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-196608 Oct 2021£350,000103.49%
04 Apr 2006£172,000First Sale
8 THE CLOSETerraced, FreeholdArea: 98 Sq.mtrAge: 1930-194918 Dec 2017£300,00093.55%
09 Dec 2005£155,000First Sale
10 THE CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-196612 Jun 2014£235,00034.86%
28 Feb 2014£174,25034.04%
11 Sep 2002£130,000188.92%
25 Mar 1996£44,995First Sale
11 THE CLOSETerraced, FreeholdArea: 93.26 Sq.mtrAge: 1950-196624 Aug 2012£209,00030.63%
21 Feb 2003£159,995First Sale
7 THE CLOSESemi-Detached, Freehold15 Oct 1999£64,00058.02%
27 Mar 1997£40,500First Sale
6 THE CLOSETerraced, Freehold19 Nov 1998£55,000First Sale

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

THE CLOSE, MK16 9LA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £186,520 median price is £191,625 Standard Deviation is £83,337 with Total Sold: 12
    • The Last 5 Year average price is £312,500 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 THE CLOSE: £312,500 (Sold on 14 Aug 2023)
    • The first recorded sale happened at this postcode is , 10 THE CLOSE: £44,995 (Sold on 25 Mar 1996)
  • Semi-Detached
    • The average price is around £214,700 median price is £165,998 Standard Deviation is £153,457 with Total Sold: 10
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 12 THE CLOSE: £350,000 (Sold on 08 Oct 2021)
    • The first recorded sale happened at this postcode is , 3 NEWPORT ROAD: £87,000 (Sold on 09 May 1996)
  • Detached
    • The average price is around £414,636 median price is £350,000 Standard Deviation is £323,826 with Total Sold: 11
    • The Last 5 Year average price is £605,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , MANOR COTTAGE : £825,000 (Sold on 10 Aug 2020)
    • The first recorded sale happened at this postcode is , 1 NEWPORT ROAD: £76,000 (Sold on 03 Jun 1996)
  • Other
    • The average price is around £270,000 median price is £270,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , BARN 5 MANOR FARM NEWPORT ROAD: £270,000 (Sold on 08 Nov 2016)
    • The first recorded sale happened at this postcode is , BARN 5 MANOR FARM NEWPORT ROAD: £270,000 (Sold on 08 Nov 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£312,500 £3,720 1
2017£300,000 £3,061 1
2016£266,500 £3,173 1
2015£220,000 £2,619 1
2014£181,750 £2,108 3
2012£209,000 £2,241 1
2005£155,000 £1,582 1
2002£130,000 £1,494 1
1998£55,0001
1996£44,995 £517 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£350,000 £4,070 1
2016£495,000 £2,633 1
2008£395,000 £2,101 1
2006£172,000 £2,000 1
2004£316,000 £1,681 1
2003£159,995 £1,716 1
1999£64,0001
1997£40,5001
1996£77,250 £463 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£605,000 £4,179 2
2014£200,000 £1,961 1
2010£735,000 £2,925 2
2007£350,000 £3,431 1
2004£210,000 £2,059 1
2002£875,000 £2,054 1
2000£120,000 £1,176 1
1997£50,0001
1996£76,000 £745 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£270,0001

House Type in MK16 9LA area

The most common house types in the MK16 9LA postcode area are Detached (66), Semi-detached (31), and Terraced (15).

Total112
Detached66
Semi-detached31
Terraced15
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 with a mortgage or loan (56), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan56
Owned: Owns outright35
Private rented: Private landlord or letting agency14
Social rented: Rents from council or Local Authority6
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK16 9LA have 2 people in household (45), and 4 people in household (28).

2 people in household45
4 people in household28
1 person in household18
3 people in household17
5 people in household4
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0