Housing Market Analysis for BANBURIES CLOSE, MK3 6JP

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £191,499 median price is £242,000 Standard Deviation is £92,100 with Total Sold: 7
- The Last 5 Year average price is £275,833 with Total Sold: 3
- The most recent sale happened at this postcode is 12 BANBURIES CLOSE: £310,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is 14 BANBURIES CLOSE: £56,000 (Sold on 27 Feb 1997)
Detached
- The average price is around £225,000 median price is £230,000 Standard Deviation is £95,182 with Total Sold: 5
- The Last 5 Year average price is £360,000 with Total Sold: 1
- The most recent sale happened at this postcode is 5 BANBURIES CLOSE: £360,000 (Sold on 12 Feb 2021)
- The first recorded sale happened at this postcode is 7 BANBURIES CLOSE: £67,000 (Sold on 19 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 6JP 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£310,000		1
2020	£258,750	£3,830	2
2016	£242,000	£3,612	1
2010	£130,000	£1,907	1
2000	£84,995		1
1997	£56,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£360,000	£3,364	1
2015	£265,000	£2,477	1
2007	£230,000	£2,150	1
2005	£203,000	£1,897	1
1996	£67,000		1

All the Sales in the BANBURIES CLOSE, MK3 6JP

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

Address	Sold Date	Price	% Change
12 BANBURIES CLOSESemi-Detached, Freehold	23 Aug 2024	£310,000	25.25%
	16 Dec 2020	£247,500	90.38%
	10 Sep 2010	£130,000	First Sale
5 BANBURIES CLOSEDetached, FreeholdArea: 107 Sq.mtrAge: 1967-1975	12 Feb 2021	£360,000	35.85%
	30 Apr 2015	£265,000	15.22%
	08 Jun 2007	£230,000	13.30%
	29 Jul 2005	£203,000	First Sale
2 BANBURIES CLOSESemi-Detached, FreeholdArea: 67 Sq.mtrAge: 1950-1966	06 Nov 2020	£270,000	11.57%
	01 Jun 2016	£242,000	First Sale
10 BANBURIES CLOSESemi-Detached, Freehold	26 May 2000	£84,995	First Sale
14 BANBURIES CLOSESemi-Detached, Freehold	27 Feb 1997	£56,000	First Sale
7 BANBURIES CLOSEDetached, Freehold	19 Jul 1996	£67,000	First Sale

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

BANBURIES CLOSE, MK3 6JP Near By properties

Interactive Map

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

Terraced
- The average price is around £141,037 median price is £135,000 Standard Deviation is £75,846 with Total Sold: 518
- The Last 5 Year average price is £254,072 with Total Sold: 80
- The most recent sale happened at this postcode is , 83 BUSHY CLOSE: £290,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 13 CLEEVE CRESCENT: £44,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £153,408 median price is £145,000 Standard Deviation is £80,247 with Total Sold: 805
- The Last 5 Year average price is £273,766 with Total Sold: 129
- The most recent sale happened at this postcode is , 12 BANBURIES CLOSE: £310,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 25 CALLUNA DRIVE: £43,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £211,728 median price is £205,000 Standard Deviation is £106,426 with Total Sold: 338
- The Last 5 Year average price is £344,682 with Total Sold: 69
- The most recent sale happened at this postcode is , 231 WHALLEY DRIVE: £450,000 (Sold on 28 Mar 2024)
- The first recorded sale happened at this postcode is , 223 WHALLEY DRIVE: £60,000 (Sold on 15 Jun 1995)
Other
- The average price is around £10,934,177 median price is £975,000 Standard Deviation is £33,306,494 with Total Sold: 18
- The Last 5 Year average price is £15,893,399 with Total Sold: 11
- The most recent sale happened at this postcode is , TRAVIS PERKINS LIMITED LYON ROAD: £5,087,390 (Sold on 14 Dec 2023)
- The first recorded sale happened at this postcode is , UNIT E LYON ROAD: £250,000 (Sold on 02 Jun 2014)
Flat
- The average price is around £64,512 median price is £61,000 Standard Deviation is £38,988 with Total Sold: 171
- The Last 5 Year average price is £102,293 with Total Sold: 41
- The most recent sale happened at this postcode is , 33 MELROSE AVENUE: £150,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is , 152 MELLISH COURT: £18,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,500		2
2023	£285,228	£3,748	15
2022	£277,579	£3,508	19
2021	£232,170	£3,129	17
2020	£231,653	£3,034	13
2019	£231,000	£3,225	14
2018	£223,917	£2,973	18
2017	£219,245	£2,932	20
2016	£211,562	£2,661	16
2015	£189,199	£2,526	15
2014	£161,203	£2,158	26
2013	£138,433	£1,847	15
2012	£137,135	£1,673	13
2011	£144,227	£1,735	11
2010	£144,800	£1,650	5
2009	£115,399	£1,659	5
2008	£156,450	£2,117	10
2007	£148,950	£2,023	30
2006	£141,403	£1,770	26
2005	£128,715	£1,676	23
2004	£117,552	£1,606	23
2003	£116,469	£1,521	16
2002	£94,073	£1,363	17
2001	£77,075	£953	30
2000	£69,442	£874	22
1999	£61,672	£795	17
1998	£51,513	£616	21
1997	£43,068	£575	27
1996	£36,901	£484	21
1995	£37,336	£512	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,050		8
2023	£301,590	£3,744	21
2022	£300,222	£3,627	22
2021	£262,944	£3,257	27
2020	£267,432	£3,221	22
2019	£243,936	£3,095	29
2018	£243,083	£2,994	24
2017	£237,864	£2,956	22
2016	£225,979	£2,826	27
2015	£205,140	£2,585	25
2014	£181,761	£2,202	23
2013	£167,179	£2,040	14
2012	£162,694	£1,879	9
2011	£139,393	£1,746	15
2010	£149,708	£2,009	12
2009	£160,036	£1,859	14
2008	£168,346	£1,966	13
2007	£173,270	£2,103	41
2006	£150,817	£1,909	39
2005	£154,557	£1,987	35
2004	£137,050	£1,719	47
2003	£131,397	£1,593	34
2002	£113,196	£1,393	44
2001	£92,905	£1,090	40
2000	£81,103	£954	33
1999	£61,062	£775	36
1998	£57,796	£744	36
1997	£51,116	£636	40
1996	£50,822	£613	29
1995	£46,021	£559	24

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£388,000	£3,970	4
2023	£378,500	£4,084	9
2022	£346,278	£4,250	9
2021	£348,976	£3,829	18
2020	£321,808	£3,482	13
2019	£327,688	£3,179	16
2018	£296,981	£4,137	8
2017	£296,172	£3,304	16
2016	£296,583	£3,029	12
2015	£257,962	£2,709	13
2014	£222,556	£2,134	9
2013	£208,344	£1,959	10
2012	£191,462	£2,348	13
2011	£195,600	£2,305	5
2010	£218,591	£2,431	11
2009	£151,750	£1,969	4
2008	£208,700	£2,568	10
2007	£221,200	£2,499	19
2006	£200,846	£2,062	13
2005	£169,090	£1,811	11
2004	£177,650	£2,543	10
2003	£171,538	£1,775	13
2002	£146,635	£1,510	11
2001	£112,038	£1,029	13
2000	£101,124	£969	10
1999	£85,500	£848	15
1998	£76,045	£847	11
1997	£69,036	£662	14
1996	£75,704	£858	12
1995	£57,833	£862	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£5,087,390		1
2022	£732,500	£3,373	4
2021	£74,305,000		2
2020	£17,450,000		1
2019	£250,000		3
2018	£8,600,000		2
2017	£869,000		2
2016	£390,000		1
2015	£2,409,789		1
2014	£250,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£120,000	£2,229	2
2022	£131,125	£2,948	8
2021	£85,262	£1,479	21
2020	£101,917	£2,606	6
2019	£125,750	£2,542	4
2018	£85,500	£2,238	3
2017	£120,500	£2,830	4
2016	£74,500	£1,842	5
2015	£93,400	£1,536	5
2014	£110,000	£1,618	1
2013	£64,786	£1,229	7
2012	£48,000	£1,920	1
2011	£74,000	£1,295	2
2010	£71,500	£1,174	2
2009	£72,500	£1,063	2
2008	£68,799	£1,302	5
2007	£84,156	£1,534	7
2006	£59,833	£1,341	6
2005	£72,778	£1,431	9
2004	£59,056	£1,482	9
2003	£42,857	£1,173	14
2002	£36,317	£942	11
2001	£28,571	£717	7
2000	£22,875	£597	8
1999	£17,012	£418	4
1998	£13,750	£307	4
1997	£17,674	£347	8
1996	£12,375	£260	4
1995	£18,500	£335	2

House Type in MK3 6JP area

The most common house types in the MK3 6JP postcode area are Semi-detached (87), Detached (34), and Terraced (1).

Total	122
Semi-detached	87
Detached	34
Terraced	1
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright	54
Owned: Owns with a mortgage or loan	45
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Social rented: Rents from council or Local Authority	1
Social rented: Other social rented	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK3 6JP have 2 people in household (58), and 1 person in household (23).

2 people in household	58
1 person in household	23
3 people in household	17
4 people in household	15
5 people in household	10
6 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0