Housing Market Analysis for ARROW PLACE, MK2 3PE

Are you looking to understand MK2 3PE 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 MK2 3PE area, explore the MK2 3PE Area information page.
For comprehensive crime statistics in the MK2 3PE area, explore the MK2 3PE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK2 3PE postcode area, The average prices are as follows,

Terraced
- The average price is around £94,893 median price is £91,000 Standard Deviation is £54,088 with Total Sold: 38
- The Last 5 Year average price is £186,600 with Total Sold: 5
- The most recent sale happened at this postcode is 11 ARROW PLACE: £191,000 (Sold on 30 May 2023)
- The first recorded sale happened at this postcode is 29 ARROW PLACE: £24,500 (Sold on 12 Sep 1997)
Semi-Detached
- The average price is around £27,000 median price is £27,000 Standard Deviation is £6,000 with Total Sold: 2
- The most recent sale happened at this postcode is 38 ARROW PLACE: £33,000 (Sold on 05 Nov 1999)
- The first recorded sale happened at this postcode is 38 ARROW PLACE: £21,000 (Sold on 16 Oct 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK2 3PE 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£197,667	£2,389	3
2021	£195,000	£2,241	1
2019	£145,000	£1,362	1
2018	£170,000	£1,954	1
2017	£153,167	£1,493	3
2016	£150,000	£1,749	1
2014	£111,000	£735	1
2008	£120,000	£1,644	1
2007	£102,000	£991	2
2006	£95,833	£1,010	3
2005	£90,000	£959	2
2004	£83,365	£1,055	4
2003	£55,933	£665	3
2002	£50,835	£611	5
2001	£44,998	£575	3
1999	£30,000	£312	1
1998	£29,995	£341	1
1997	£20,250	£156	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£33,000		1
1997	£21,000		1

All the Sales in the ARROW PLACE, MK2 3PE

See the table below for more details on the sold house prices in the MK2 3PE, Milton Keynes postcode.

Address	Sold Date	Price	% Change
11 ARROW PLACETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-1966	30 May 2023	£191,000	95.90%
	14 Nov 2006	£97,500	157.94%
	12 May 2003	£37,800	First Sale
32 ARROW PLACETerraced, FreeholdArea: 90 Sq.mtrAge: 1976-1982	16 Mar 2023	£187,000	First Sale
35 ARROW PLACETerraced, FreeholdArea: 85.75 Sq.mtrAge: 1967-1975	26 Jan 2023	£215,000	43.33%
	19 Aug 2016	£150,000	50.00%
	14 Oct 2005	£100,000	First Sale
30 ARROW PLACETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	22 Oct 2021	£195,000	14.71%
	05 Jul 2017	£170,000	First Sale
27 ARROW PLACETerraced, FreeholdArea: 106.5 Sq.mtrAge: 1967-1975	23 Apr 2019	£145,000	81.25%
	14 Apr 2005	£80,000	-19.19%
	08 Sep 2004	£99,000	First Sale
20 ARROW PLACETerraced, FreeholdArea: 87 Sq.mtrAge: 1967-1975	04 May 2018	£170,000	82.80%
	05 May 2006	£93,000	148.66%
	28 Oct 2002	£37,400	First Sale
36 ARROW PLACETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	21 Apr 2017	£124,500	99.20%
	25 Oct 2002	£62,500	First Sale
56 ARROW PLACETerraced, FreeholdArea: 151 Sq.mtrAge: 1976-1982	03 Feb 2017	£165,000	48.65%
	03 Feb 2014	£111,000	14.43%
	28 Sep 2006	£97,000	506.25%
	23 Dec 1997	£16,000	First Sale
9 ARROW PLACETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	03 Apr 2008	£120,000	35.59%
	28 May 2004	£88,500	27.34%
	29 Aug 2002	£69,500	19.84%
	14 Dec 2001	£57,995	48.71%
	12 Jul 2001	£39,000	First Sale
23 ARROW PLACETerraced, FreeholdArea: 127.75 Sq.mtrAge: 1967-1975	12 Apr 2007	£95,000	First Sale
54 ARROW PLACETerraced, FreeholdArea: 88 Sq.mtrAge: 1967-1975	22 Jan 2007	£109,000	49.32%
	30 May 2003	£73,000	143.37%
	20 Jul 1998	£29,995	First Sale
34 ARROW PLACETerraced, Freehold	27 May 2004	£56,960	First Sale
50 ARROW PLACETerraced, FreeholdArea: 87 Sq.mtrAge: 1950-1966	23 Apr 2004	£89,000	56.14%
	02 Oct 2003	£57,000	First Sale
42 ARROW PLACETerraced, FreeholdArea: 95 Sq.mtrAge: 1976-1982	01 Jul 2002	£26,775	First Sale
40 ARROW PLACETerraced, FreeholdArea: 86 Sq.mtrAge: 1967-1975	02 Apr 2002	£58,000	First Sale
52 ARROW PLACETerraced, FreeholdArea: 96.2 Sq.mtrAge: 1976-1982	25 Apr 2001	£38,000	26.67%
	17 Dec 1999	£30,000	First Sale
38 ARROW PLACESemi-Detached, Freehold	05 Nov 1999	£33,000	57.14%
38 ARROW PLACESemi-Detached, Freehold	16 Oct 1997	£21,000	First Sale
29 ARROW PLACETerraced, FreeholdArea: 119 Sq.mtrAge: 1976-1982	12 Sep 1997	£24,500	First Sale

Check out the sold house prices near the MK2 3PE postcode. Properties currently for saleProperties currently for rent

ARROW PLACE, MK2 3PE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK2 3PE 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 MK2 3PE postcode.

Terraced
- The average price is around £95,403 median price is £93,500 Standard Deviation is £55,787 with Total Sold: 943
- The Last 5 Year average price is £192,314 with Total Sold: 113
- The most recent sale happened at this postcode is , 6 GARROWMORE GROVE: £78,499 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 8 MERILAND COURT: £31,995 (Sold on 31 Jan 1995)
Flat
- The average price is around £70,213 median price is £58,000 Standard Deviation is £48,811 with Total Sold: 39
- The Last 5 Year average price is £140,370 with Total Sold: 5
- The most recent sale happened at this postcode is , 121 SERPENTINE COURT: £180,350 (Sold on 15 Mar 2024)
- The first recorded sale happened at this postcode is , 42 KINLOCH PLACE: £16,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £104,011 median price is £93,000 Standard Deviation is £50,056 with Total Sold: 21
- The Last 5 Year average price is £185,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 41 LANGDALE CLOSE: £185,000 (Sold on 18 Aug 2023)
- The first recorded sale happened at this postcode is , 33 WINDERMERE DRIVE: £30,000 (Sold on 28 Sep 1998)
Semi-Detached
- The average price is around £86,122 median price is £80,000 Standard Deviation is £54,008 with Total Sold: 73
- The Last 5 Year average price is £183,714 with Total Sold: 7
- The most recent sale happened at this postcode is , 29 NEVIS GROVE: £238,000 (Sold on 05 Jul 2023)
- The first recorded sale happened at this postcode is , 16 RUTHVEN CLOSE: £26,500 (Sold on 12 Apr 1995)
Other
- The average price is around £90,000 median price is £90,000 Standard Deviation is £60,000 with Total Sold: 2
- The most recent sale happened at this postcode is UNIT 9, WILLOWBRIDGE MARINA STOKE ROAD: £30,000 (Sold on 11 Jul 2018)
- The first recorded sale happened at this postcode is , WIND IN THE WILLOWS DAY NURSERY WINDERMERE DRIVE: £150,000 (Sold on 09 Nov 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£198,800	£2,282	10
2023	£205,318	£2,325	22
2022	£208,646	£2,394	24
2021	£197,789	£2,263	19
2020	£171,167	£1,947	6
2019	£169,811	£1,928	32
2018	£165,783	£1,865	30
2017	£161,882	£1,901	36
2016	£140,088	£1,664	36
2015	£120,093	£1,401	35
2014	£114,731	£1,309	31
2013	£98,386	£1,282	22
2012	£100,800	£1,147	10
2011	£93,389	£1,100	18
2010	£99,138	£1,108	18
2009	£93,724	£1,196	21
2008	£110,318	£1,301	34
2007	£103,665	£1,222	53
2006	£98,164	£1,099	35
2005	£96,394	£1,110	46
2004	£79,926	£957	49
2003	£61,596	£713	74
2002	£51,687	£602	66
2001	£45,929	£563	46
2000	£35,803	£460	35
1999	£33,470	£384	30
1998	£29,120	£332	40
1997	£23,765	£272	25
1996	£21,044	£240	17
1995	£23,295	£271	23

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£180,350	£2,367	1
2019	£130,375	£1,615	4
2018	£179,000	£2,011	1
2015	£79,995	£909	1
2014	£37,500	£670	1
2013	£63,500	£835	2
2010	£45,000	£957	1
2008	£65,000		1
2007	£96,000	£1,212	3
2006	£76,999	£980	5
2005	£99,500	£1,301	2
2004	£90,000	£1,084	1
2003	£59,417	£1,028	3
2002	£41,998	£723	3
2000	£24,979	£391	4
1999	£23,500	£443	1
1998	£31,000	£352	1
1997	£18,900	£224	2
1995	£22,250	£256	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£185,000	£1,713	1
2022	£217,000	£3,056	1
2019	£155,000	£2,246	1
2017	£175,000	£2,303	1
2016	£143,500	£2,043	2
2015	£125,000	£1,157	1
2014	£97,500	£1,283	1
2011	£60,500	£870	1
2008	£107,333	£1,283	3
2007	£83,000	£940	2
2003	£82,750	£1,180	2
2002	£55,500	£514	1
2001	£52,120	£706	2
2000	£39,000	£549	1
1998	£30,000	£395	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£238,000	£2,767	1
2022	£215,000	£3,028	1
2020	£167,500	£2,417	2
2019	£166,000	£2,065	3
2018	£180,900	£1,774	2
2017	£166,750	£2,129	4
2016	£120,000	£1,672	1
2011	£80,000	£909	1
2009	£105,000	£1,547	1
2007	£113,125	£1,363	4
2006	£109,498	£1,283	4
2005	£90,900	£1,202	6
2004	£99,357	£1,173	7
2003	£74,717	£783	3
2002	£65,875	£870	4
2001	£54,514	£596	7
2000	£36,375	£481	4
1999	£33,798	£391	5
1998	£31,125	£257	4
1997	£24,750		2
1996	£26,332	£398	3
1995	£24,749	£298	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£30,000		1
2017	£150,000		1

House Type in MK2 3PE area

The most common house types in the MK2 3PE postcode area are Terraced (119), Semi-detached (58), and Flat (19).

Total	208
Terraced	119
Semi-detached	58
Flat	19
Detached	11
Shared house	1
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (56), and Owned: Owns with a mortgage or loan (53).

Social rented: Rents from council or Local Authority	56
Owned: Owns with a mortgage or loan	53
Private rented: Private landlord or letting agency	45
Owned: Owns outright	35
Shared ownership: Shared ownership	11
Social rented: Other social rented	7
Lives rent free	2
Does not apply	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the MK2 3PE have 2 people in household (65), and 1 person in household (39).

2 people in household	65
1 person in household	39
4 people in household	37
3 people in household	33
5 people in household	19
6 people in household	9
7 people in household	5
8 or more people in household	3
0 people in household	0