Housing Market Analysis for SHETLAND MEADOWS, MK3 5GJ

Are you looking to understand MK3 5GJ 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 MK3 5GJ area, explore the MK3 5GJ Area information page.
For comprehensive crime statistics in the MK3 5GJ area, explore the MK3 5GJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK3 5GJ postcode area, The average prices are as follows,

  • Detached
    • The average price is around £285,200 median price is £272,500 Standard Deviation is £48,062 with Total Sold: 10
    • The Last 5 Year average price is £405,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 8 SHETLAND MEADOWS: £405,000 (Sold on 28 Jun 2024)
    • The first recorded sale happened at this postcode is 2 SHETLAND MEADOWS: £329,000 (Sold on 24 Jan 2014)
  • Semi-Detached
    • The average price is around £318,333 median price is £275,000 Standard Deviation is £79,617 with Total Sold: 3
    • The Last 5 Year average price is £430,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 SHETLAND MEADOWS: £250,000 (Sold on 28 Mar 2014)
    • The first recorded sale happened at this postcode is 10 SHETLAND MEADOWS: £430,000 (Sold on 16 Feb 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 5GJ 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
2024£405,0001
2014£271,889 £2,439 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£262,500 £1,880 2
2024£430,0001

All the Sales in the SHETLAND MEADOWS, MK3 5GJ

See the table below for more details on the sold house prices in the MK3 5GJ, Milton Keynes postcode.

AddressSold DatePrice% Change
8 SHETLAND MEADOWSDetached, Freehold28 Jun 2024£405,00065.31%
28 Feb 2014£245,000First Sale
29 SHETLAND MEADOWSDetached, FreeholdArea: 104 Sq.mtr21 Nov 2014£275,000First Sale
31 SHETLAND MEADOWSDetached, FreeholdArea: 82 Sq.mtr21 Nov 2014£245,000First Sale
18 SHETLAND MEADOWSDetached, FreeholdArea: 114 Sq.mtr25 Sep 2014£290,000First Sale
16 SHETLAND MEADOWSDetached, FreeholdArea: 104 Sq.mtr19 Sep 2014£270,000First Sale
10 SHETLAND MEADOWSSemi-Detached, FreeholdArea: 133 Sq.mtrAge: 2012 onwards28 Mar 2014£250,000-41.86%
16 Feb 2024£430,000First Sale
12 SHETLAND MEADOWSSemi-Detached, Freehold14 Mar 2014£275,000First Sale
14 SHETLAND MEADOWSDetached, FreeholdArea: 104 Sq.mtr14 Mar 2014£250,000First Sale
4 SHETLAND MEADOWSDetached, FreeholdArea: 127 Sq.mtr21 Feb 2014£300,000First Sale
6 SHETLAND MEADOWSDetached, FreeholdArea: 120 Sq.mtr14 Feb 2014£243,000First Sale
2 SHETLAND MEADOWSDetached, FreeholdArea: 140 Sq.mtr24 Jan 2014£329,000First Sale

Check out the sold house prices near the MK3 5GJ postcode. Properties currently for saleProperties currently for rent

SHETLAND MEADOWS, MK3 5GJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK3 5GJ 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 MK3 5GJ postcode.

  • Semi-Detached
    • The average price is around £297,160 median price is £299,995 Standard Deviation is £61,844 with Total Sold: 398
    • The Last 5 Year average price is £329,849 with Total Sold: 186
    • The most recent sale happened at this postcode is , 19 ST VINCENT AVENUE: £405,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 45 SKYE CRESCENT: £250,000 (Sold on 19 Dec 2008)
  • Flat
    • The average price is around £177,174 median price is £190,000 Standard Deviation is £59,307 with Total Sold: 270
    • The Last 5 Year average price is £186,149 with Total Sold: 113
    • The most recent sale happened at this postcode is , 3 TOBAGO DRIVE: £205,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 TIREE COURT: £159,950 (Sold on 31 Aug 2010)
  • Detached
    • The average price is around £366,848 median price is £365,000 Standard Deviation is £88,882 with Total Sold: 390
    • The Last 5 Year average price is £410,837 with Total Sold: 152
    • The most recent sale happened at this postcode is , 82 TRINIDAD GROVE: £465,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 TIREE COURT: £203,000 (Sold on 27 Aug 2010)
  • Terraced
    • The average price is around £279,892 median price is £290,000 Standard Deviation is £59,872 with Total Sold: 193
    • The Last 5 Year average price is £310,008 with Total Sold: 71
    • The most recent sale happened at this postcode is , 34 CURACAO CRESCENT: £335,000 (Sold on 19 Jul 2024)
    • The first recorded sale happened at this postcode is , 49 SKYE CRESCENT: £249,995 (Sold on 12 Dec 2008)
  • Other
    • The average price is around £180,783 median price is £34,500 Standard Deviation is £181,081 with Total Sold: 13
    • The Last 5 Year average price is £233,956 with Total Sold: 8
    • The most recent sale happened at this postcode is , 67 SKYE CRESCENT: £390,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , 15 TOBAGO DRIVE: £34,500 (Sold on 27 Jul 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£385,844 £4,040 8
2023£371,948 £4,115 29
2022£365,953 £3,925 17
2021£315,602 £3,407 39
2020£307,204 £4,091 52
2019£316,448 £3,621 41
2018£291,295 £2,868 15
2017£319,946 £3,512 37
2016£297,483 £3,360 36
2015£269,992 £3,654 39
2014£230,749 £2,797 26
2013£240,444 £2,330 28
2012£223,333 £2,147 9
2011£207,262 £2,076 8
2010£190,469 £5,645 8
2009£259,500 £2,305 5
2008£250,000 £6,887 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£206,941 £3,586 7
2023£174,212 £2,819 15
2022£184,484 £2,929 24
2021£214,559 £2,331 17
2020£183,075 £4,186 26
2019£172,418 £2,821 24
2018£180,199 £2,963 61
2017£179,030 £2,729 22
2016£180,320 £4,100 25
2015£161,143 £2,385 14
2014£155,500 £2,201 8
2013£145,236 £2,303 11
2012£140,082 £1,975 11
2011£141,200 £8,048 4
2010£159,950 £2,622 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£435,556 £6,897 9
2023£453,522 £3,649 16
2022£447,962 £3,300 13
2021£378,239 £3,157 23
2020£372,875 £3,328 32
2019£420,608 £3,104 59
2018£339,305 £3,023 30
2017£409,027 £3,096 36
2016£380,590 £2,920 31
2015£371,431 £2,799 42
2014£323,250 £2,635 46
2013£270,855 £2,489 14
2012£260,625 £1,967 8
2011£261,202 £2,057 19
2010£217,633 £2,524 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£369,611 £3,545 3
2023£375,500 £3,730 5
2022£317,667 £3,722 12
2021£279,838 £3,229 14
2020£307,461 £3,386 19
2019£302,931 £3,354 18
2018£276,177 £3,480 17
2017£291,786 £3,658 21
2016£292,155 £3,092 35
2015£260,653 £2,893 13
2014£172,188 £2,305 8
2013£223,060 £2,458 10
2012£218,333 £1,932 6
2011£205,333 £1,965 6
2009£231,000 £4,434 2
2008£239,998 £4,383 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £3,645 1
2022£211,664 £550 7
2017£230,000 £3,833 1
2016£62,132 £824 4

House Type in MK3 5GJ area

The most common house types in the MK3 5GJ postcode area are Semi-detached (74), Detached (55), and Terraced (10).

Total140
Semi-detached74
Detached55
Terraced10
Shared house1
Flat0
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 (106), and Owned: Owns outright (19).

Owned: Owns with a mortgage or loan106
Owned: Owns outright19
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority3
Private rented: Other private rented3
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 MK3 5GJ have 2 people in household (60), and 3 people in household (32).

2 people in household60
3 people in household32
4 people in household23
1 person in household13
5 people in household5
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0