Housing Market Analysis for FAULKNER DRIVE, MK3 6FB

Are you looking to understand MK3 6FB 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 6FB area, explore the MK3 6FB Area information page.
For comprehensive crime statistics in the MK3 6FB area, explore the MK3 6FB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK3 6FB postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £244,458 median price is £247,475 Standard Deviation is £50,366 with Total Sold: 20
    • The Last 5 Year average price is £322,250 with Total Sold: 4
    • The most recent sale happened at this postcode is 12 FAULKNER DRIVE: £305,000 (Sold on 12 May 2022)
    • The first recorded sale happened at this postcode is 36 FAULKNER DRIVE: £249,950 (Sold on 23 Nov 2007)
  • Flat
    • The average price is around £152,561 median price is £139,950 Standard Deviation is £45,314 with Total Sold: 14
    • The Last 5 Year average price is £243,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 38 FAULKNER DRIVE: £243,000 (Sold on 10 Feb 2022)
    • The first recorded sale happened at this postcode is 40 FAULKNER DRIVE: £139,950 (Sold on 26 Nov 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 6FB 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
2022£305,000 £2,460 1
2021£328,000 £2,780 3
2016£266,800 £2,280 1
2015£260,000 £2,222 2
2014£220,000 £1,880 1
2012£133,000 £10,334 1
2010£217,250 £1,814 2
2009£187,500 £1,613 2
2008£226,488 £2,022 4
2007£248,300 £2,106 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£243,000 £2,859 1
2018£210,000 £3,134 1
2017£163,167 £2,474 3
2013£130,000 £10,101 1
2009£110,125 £5,476 4
2008£165,000 £2,463 1
2007£152,617 £2,476 3

All the Sales in the FAULKNER DRIVE, MK3 6FB

See the table below for more details on the sold house prices in the MK3 6FB, Milton Keynes postcode.

AddressSold DatePrice% Change
12 FAULKNER DRIVETerraced, FreeholdArea: 124 Sq.mtrAge: 2007 onwards12 May 2022£305,00040.23%
17 Dec 2010£217,5008.75%
31 Jul 2009£200,000First Sale
38 FAULKNER DRIVEFlat, LeaseholdArea: 85 Sq.mtrAge: 2007 onwards10 Feb 2022£243,00013.02%
11 Jul 2017£215,00020.82%
27 Nov 2007£177,950First Sale
34 FAULKNER DRIVETerraced, FreeholdArea: 118 Sq.mtrAge: 2003-200613 Aug 2021£321,000-1.23%
25 Jun 2021£325,00032.65%
26 Nov 2007£245,000First Sale
26 FAULKNER DRIVETerraced, FreeholdArea: 118 Sq.mtrAge: 2007-201106 Aug 2021£338,00035.20%
30 Apr 2008£250,000First Sale
30 FAULKNER DRIVEFlat, LeaseholdArea: 67 Sq.mtrAge: 2007 onwards19 Oct 2018£210,00027.27%
31 Jan 2008£165,000First Sale
40 FAULKNER DRIVEFlat, LeaseholdArea: 57.89 Sq.mtrAge: 2007 onwards31 Oct 2017£180,00028.62%
26 Nov 2007£139,950First Sale
42 FAULKNER DRIVEFlat, LeaseholdArea: 53 Sq.mtrAge: 2007 onwards08 Mar 2017£94,500First Sale
8 FAULKNER DRIVETerraced, FreeholdArea: 117 Sq.mtrAge: 2007-201124 Mar 2016£266,800First Sale
14 FAULKNER DRIVETerraced, Freehold04 Dec 2015£260,000First Sale
32 FAULKNER DRIVETerraced, FreeholdArea: 117 Sq.mtrAge: 2007 onwards19 Jun 2015£260,00018.18%
10 Jan 2014£220,000-11.98%
26 Nov 2007£249,950First Sale
4 FAULKNER DRIVEFlat, LeaseholdArea: 12.87 Sq.mtr06 Nov 2013£130,0006.56%
06 Aug 2009£122,000First Sale
16 FAULKNER DRIVETerraced, LeaseholdArea: 12.87 Sq.mtr10 Dec 2012£133,00012.24%
18 Aug 2009£118,500First Sale
22 FAULKNER DRIVETerraced, FreeholdArea: 115.74 Sq.mtrAge: 2007 onwards23 Apr 2010£217,000-7.64%
23 May 2008£234,950First Sale
18 FAULKNER DRIVEFlat, LeaseholdArea: 57.92 Sq.mtr19 Oct 2009£100,000First Sale
10 FAULKNER DRIVETerraced, Freehold21 Aug 2009£175,000First Sale
6 FAULKNER DRIVEFlat, LeaseholdArea: 67 Sq.mtrAge: 2007 onwards06 Aug 2009£100,000First Sale
24 FAULKNER DRIVETerraced, FreeholdArea: 97 Sq.mtrAge: 2007-201121 Oct 2008£186,000First Sale
20 FAULKNER DRIVETerraced, Freehold13 Jun 2008£235,000First Sale
28 FAULKNER DRIVEFlat, LeaseholdArea: 48 Sq.mtrAge: 2003-200626 Nov 2007£139,950First Sale
36 FAULKNER DRIVETerraced, Freehold23 Nov 2007£249,950First Sale

Check out the sold house prices near the MK3 6FB postcode. Properties currently for saleProperties currently for rent

FAULKNER DRIVE, MK3 6FB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK3 6FB 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 6FB postcode.

  • Terraced
    • The average price is around £205,354 median price is £204,975 Standard Deviation is £76,124 with Total Sold: 242
    • The Last 5 Year average price is £287,428 with Total Sold: 50
    • The most recent sale happened at this postcode is , 19 COLOSSUS WAY: £350,000 (Sold on 08 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 CLEEVE CRESCENT: £44,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £156,640 median price is £154,500 Standard Deviation is £46,208 with Total Sold: 367
    • The Last 5 Year average price is £201,640 with Total Sold: 65
    • The most recent sale happened at this postcode is , 5 TILTMAN LANE: £230,000 (Sold on 24 Jul 2024)
    • The first recorded sale happened at this postcode is , 7 BOLTON CLOSE: £33,500 (Sold on 28 Nov 1997)
  • Detached
    • The average price is around £298,961 median price is £288,075 Standard Deviation is £121,308 with Total Sold: 265
    • The Last 5 Year average price is £432,971 with Total Sold: 49
    • The most recent sale happened at this postcode is , 85 WHALLEY DRIVE: £555,000 (Sold on 05 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 WHALLEY DRIVE: £99,000 (Sold on 11 Apr 1995)
  • Other
    • The average price is around £1,786,282 median price is £1,357,500 Standard Deviation is £1,616,942 with Total Sold: 10
    • The Last 5 Year average price is £1,903,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 12 SELWYN GROVE: £215,000 (Sold on 31 Jan 2024)
    • The first recorded sale happened at this postcode is , 10 JAMES WAY: £149,400 (Sold on 26 Jan 2015)
  • Semi-Detached
    • The average price is around £216,673 median price is £237,000 Standard Deviation is £91,953 with Total Sold: 217
    • The Last 5 Year average price is £305,780 with Total Sold: 41
    • The most recent sale happened at this postcode is , 19 CLEEVE CRESCENT: £210,000 (Sold on 12 Jan 2024)
    • The first recorded sale happened at this postcode is , 2 ROCHE GARDENS: £71,000 (Sold on 12 May 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£269,0002
2023£327,833 £3,536 6
2022£312,625 £3,572 12
2021£279,854 £3,183 18
2020£271,375 £3,198 4
2019£249,000 £3,244 8
2018£253,333 £2,610 6
2017£267,100 £3,207 10
2016£234,922 £2,838 9
2015£231,833 £2,344 12
2014£219,321 £2,535 14
2013£196,833 £1,725 6
2012£176,009 £2,771 24
2011£165,593 £1,899 8
2010£225,500 £1,844 4
2009£167,714 £1,655 7
2008£214,134 £2,172 22
2007£199,055 £2,366 29
2006£144,699 £1,888 5
2005£122,600 £1,649 5
2004£125,233 £1,648 3
2003£125,575 £1,717 6
2002£101,089 £1,227 5
2001£84,667 £1,179 3
2000£84,0001
1999£60,498 £771 2
1998£43,175 £573 4
1997£38,650 £541 5
1996£37,000 £468 1
1995£44,000 £466 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,800 £3,818 5
2023£214,725 £3,160 10
2022£211,987 £2,961 19
2021£182,917 £2,712 12
2020£196,625 £2,537 8
2019£197,689 £2,796 11
2018£196,773 £2,738 11
2017£196,711 £2,804 32
2016£143,051 £2,423 29
2015£179,312 £2,326 12
2014£160,405 £2,375 21
2013£123,188 £2,981 8
2012£138,561 £2,072 50
2011£144,300 £2,041 29
2010£138,867 £1,840 19
2009£118,144 £2,291 37
2008£126,706 £1,778 37
2007£154,186 £2,570 15
2005£110,0001
1997£33,500 £495 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£522,500 £3,920 2
2023£483,438 £4,205 8
2022£437,500 £4,779 8
2021£444,658 £3,842 10
2020£401,200 £3,291 5
2019£396,906 £3,252 16
2018£396,944 £3,838 9
2017£383,419 £3,055 16
2016£372,918 £2,929 12
2015£349,375 £2,823 16
2014£245,025 £2,409 10
2013£266,833 £2,631 3
2012£310,500 £2,657 5
2011£307,750 £2,171 4
2010£276,000 £2,665 7
2009£293,199 £1,632 5
2008£260,567 £2,442 18
2007£284,755 £2,420 20
2006£284,171 £2,328 24
2005£188,248 £2,264 2
2004£236,200 £2,587 5
2003£242,082 £1,754 6
2002£229,582 £1,737 6
2001£213,583 £1,311 12
2000£176,708 £1,247 6
1999£145,045 £1,261 11
1998£107,375 £895 4
1997£128,500 £681 5
1996£103,400 £1,022 5
1995£80,800 £784 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£215,0001
2023£4,225,0002
2021£550,0001
2019£300,000 £2,679 1
2018£3,356,1361
2015£1,247,9224
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£210,0001
2023£334,250 £3,983 6
2022£343,611 £3,926 9
2021£276,500 £3,217 10
2020£296,611 £3,261 9
2019£299,083 £3,303 6
2018£302,917 £3,217 12
2017£271,417 £3,209 24
2016£230,250 £2,998 4
2015£257,000 £2,729 9
2014£258,250 £2,721 23
2013£179,667 £2,491 3
2012£182,250 £2,023 4
2011£162,500 £1,802 1
2010£174,000 £2,273 2
2009£191,333 £1,931 6
2008£196,828 £1,971 7
2007£215,869 £2,319 18
2006£199,200 £2,128 11
2005£150,500 £3,093 4
2004£144,248 £1,873 6
2003£142,833 £1,725 3
2002£99,157 £1,263 5
2001£100,425 £1,001 4
2000£107,667 £1,184 3
1999£68,279 £781 7
1998£92,667 £868 3
1997£55,820 £670 7
1996£46,490 £577 5
1995£56,299 £528 5

House Type in MK3 6FB area

The most common house types in the MK3 6FB postcode area are Flat (120), Semi-detached (21), and Terraced (20).

Total179
Flat120
Semi-detached21
Terraced20
Detached18
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (57), and Owned: Owns with a mortgage or loan (56).

Social rented: Other social rented57
Owned: Owns with a mortgage or loan56
Private rented: Private landlord or letting agency38
Owned: Owns outright14
Shared ownership: Shared ownership12
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK3 6FB have 2 people in household (58), and 1 person in household (41).

2 people in household58
1 person in household41
3 people in household39
4 people in household22
5 people in household13
6 people in household5
0 people in household0
7 people in household0
8 or more people in household0