Housing Market Analysis for FAVELL DRIVE, MK4 1AJ

Are you looking to understand MK4 1AJ 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 MK4 1AJ area, explore the MK4 1AJ Area information page.
For comprehensive crime statistics in the MK4 1AJ area, explore the MK4 1AJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK4 1AJ postcode area, The average prices are as follows,

Terraced
- The average price is around £113,547 median price is £86,250 Standard Deviation is £65,088 with Total Sold: 46
- The Last 5 Year average price is £245,600 with Total Sold: 5
- The most recent sale happened at this postcode is 134 FAVELL DRIVE: £300,000 (Sold on 16 Jun 2023)
- The first recorded sale happened at this postcode is 116 FAVELL DRIVE: £34,000 (Sold on 23 Feb 1996)
Semi-Detached
- The average price is around £124,206 median price is £122,000 Standard Deviation is £66,234 with Total Sold: 17
- The Last 5 Year average price is £305,000 with Total Sold: 1
- The most recent sale happened at this postcode is 58 FAVELL DRIVE: £238,000 (Sold on 03 Aug 2018)
- The first recorded sale happened at this postcode is 106 FAVELL DRIVE: £305,000 (Sold on 08 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average MK4 1AJ 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	£300,000	£4,521	1
2021	£270,000	£4,063	1
2020	£228,000	£3,403	1
2019	£215,000	£3,187	2
2017	£222,500	£3,272	1
2016	£116,850	£1,701	2
2013	£169,000	£2,522	1
2012	£120,000	£1,791	1
2011	£143,000	£2,117	1
2010	£160,000	£2,412	2
2009	£149,000	£2,245	1
2007	£166,667	£2,507	3
2005	£147,000		1
2004	£124,500		1
2003	£118,000	£1,788	1
2002	£114,667	£1,508	3
2001	£79,333	£1,212	6
2000	£68,500	£1,080	2
1999	£61,986	£872	4
1998	£52,844	£800	8
1997	£43,388	£603	2
1996	£34,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£238,000		1
2010	£135,000	£1,983	1
2007	£173,500	£2,629	1
2005	£157,000		1
2004	£137,000	£2,008	1
2003	£130,332	£1,970	3
2002	£94,333	£1,435	3
2000	£73,000	£1,014	1
1999	£62,500		1
1998	£58,500		1
1997	£49,000	£705	2
2024	£305,000	£4,236	1

All the Sales in the FAVELL DRIVE, MK4 1AJ

See the table below for more details on the sold house prices in the MK4 1AJ, Milton Keynes postcode.

Address	Sold Date	Price	% Change
134 FAVELL DRIVETerraced, FreeholdArea: 66.36 Sq.mtrAge: 1983-1990	16 Jun 2023	£300,000	101.34%
	24 Jul 2009	£149,000	175.93%
	25 Sep 1998	£54,000	First Sale
60 FAVELL DRIVETerraced, FreeholdArea: 66.45 Sq.mtrAge: 1976-1982	12 Oct 2021	£270,000	55.62%
	17 Aug 2007	£173,500	199.40%
	06 Apr 1999	£57,950	First Sale
104 FAVELL DRIVETerraced, FreeholdArea: 67 Sq.mtrAge: 1976-1982	10 Jul 2020	£228,000	38.18%
	26 Jan 2007	£165,000	First Sale
102 FAVELL DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1983-1990	11 Sep 2019	£215,000	82.20%
	24 Oct 2003	£118,000	122.64%
	01 Sep 1998	£53,000	First Sale
128 FAVELL DRIVETerraced, FreeholdArea: 69 Sq.mtrAge: 1983-1990	13 Mar 2019	£215,000	152.94%
	03 Aug 2001	£85,000	First Sale
58 FAVELL DRIVESemi-Detached, Freehold	03 Aug 2018	£238,000	95.08%
	19 May 2003	£122,000	95.20%
	14 Jul 1999	£62,500	First Sale
120 FAVELL DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1983-1990	27 Jan 2017	£222,500	48.33%
	11 May 2016	£150,000	197.03%
	30 Jul 1998	£50,500	First Sale
66 FAVELL DRIVETerraced, FreeholdArea: 70 Sq.mtrAge: 1976-1982	28 Oct 2016	£83,700	First Sale
122 FAVELL DRIVETerraced, FreeholdArea: 67 Sq.mtrAge: 1983-1990	10 May 2013	£169,000	40.83%
	26 Oct 2012	£120,000	First Sale
114 FAVELL DRIVETerraced, FreeholdArea: 67.54 Sq.mtrAge: 1976-1982	22 Dec 2011	£143,000	First Sale
100 FAVELL DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	12 Nov 2010	£153,000	First Sale
124 FAVELL DRIVETerraced, FreeholdArea: 66.64 Sq.mtrAge: 1976-1982	25 Jun 2010	£167,000	131.94%
	23 Jun 2000	£72,000	First Sale
56 FAVELL DRIVESemi-Detached, FreeholdArea: 68.07 Sq.mtrAge: 1976-1982	26 Feb 2010	£135,000	181.25%
	22 Sep 1997	£48,000	First Sale
52 FAVELL DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	31 Aug 2007	£173,500	33.47%
	22 Sep 2003	£129,995	36.84%
	03 May 2002	£95,000	First Sale
68 FAVELL DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1976-1982	24 Aug 2007	£161,500	306.03%
	11 Jul 1997	£39,775	First Sale
112 FAVELL DRIVETerraced, Freehold	03 Jun 2005	£147,000	113.04%
	09 Feb 2001	£69,000	15.00%
	30 Apr 1998	£60,000	First Sale
42 FAVELL DRIVESemi-Detached, Freehold	04 May 2005	£157,000	12.95%
42 FAVELL DRIVESemi-Detached, Freehold	21 Mar 2003	£139,000	First Sale
132 FAVELL DRIVESemi-Detached, FreeholdArea: 68.22 Sq.mtr	16 Mar 2004	£137,000	First Sale
76 FAVELL DRIVETerraced, Freehold	23 Jan 2004	£124,500	118.44%
76 FAVELL DRIVETerraced, Freehold	25 Jun 1999	£56,995	First Sale
70 FAVELL DRIVETerraced, Freehold	06 Dec 2002	£123,000	142.36%
70 FAVELL DRIVETerraced, Freehold	23 Sep 1998	£50,750	First Sale
88 FAVELL DRIVETerraced, Freehold	04 Oct 2002	£126,000	88.06%
88 FAVELL DRIVETerraced, Freehold	15 Oct 1999	£67,000	First Sale
106 FAVELL DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1976-1982	31 May 2002	£103,000	41.10%
	11 Aug 2000	£73,000	-76.07%
	08 Mar 2024	£305,000	First Sale
78 FAVELL DRIVETerraced, FreeholdArea: 63 Sq.mtrAge: 1976-1982	26 Apr 2002	£95,000	21.79%
	10 Aug 2001	£78,000	47.17%
	16 Oct 1998	£53,000	First Sale
80 FAVELL DRIVESemi-Detached, Freehold	18 Jan 2002	£85,000	First Sale
136 FAVELL DRIVETerraced, FreeholdArea: 67 Sq.mtrAge: 1976-1982	16 Nov 2001	£87,500	First Sale
108 FAVELL DRIVETerraced, Freehold	17 Aug 2001	£81,500	53.77%
	23 Oct 1998	£53,000	12.77%
	12 Sep 1997	£47,000	First Sale
54 FAVELL DRIVETerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	11 Apr 2001	£75,000	First Sale
116 FAVELL DRIVETerraced, Freehold	08 May 2000	£65,000	34.02%
	09 Jan 1998	£48,500	42.65%
	23 Feb 1996	£34,000	First Sale
110 FAVELL DRIVETerraced, Freehold	10 Dec 1999	£66,000	First Sale
62 FAVELL DRIVESemi-Detached, Freehold	05 Jun 1998	£58,500	First Sale
50 FAVELL DRIVESemi-Detached, Freehold	25 Jul 1997	£50,000	First Sale

Check out the sold house prices near the MK4 1AJ postcode. Properties currently for saleProperties currently for rent

FAVELL DRIVE, MK4 1AJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK4 1AJ 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 MK4 1AJ postcode.

Terraced
- The average price is around £135,863 median price is £130,000 Standard Deviation is £76,351 with Total Sold: 733
- The Last 5 Year average price is £260,542 with Total Sold: 94
- The most recent sale happened at this postcode is , 11 BARLEYCROFT: £200,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is , 31 BRAYBROOKE DRIVE: £37,000 (Sold on 13 Jan 1995)
Detached
- The average price is around £188,691 median price is £181,000 Standard Deviation is £99,241 with Total Sold: 435
- The Last 5 Year average price is £336,075 with Total Sold: 60
- The most recent sale happened at this postcode is , 57 FAVELL DRIVE: £380,000 (Sold on 22 Aug 2024)
- The first recorded sale happened at this postcode is , 39 BRAYBROOKE DRIVE: £72,000 (Sold on 28 Apr 1995)
Semi-Detached
- The average price is around £141,527 median price is £135,000 Standard Deviation is £80,738 with Total Sold: 723
- The Last 5 Year average price is £276,087 with Total Sold: 95
- The most recent sale happened at this postcode is , 41 SUTHERLAND GROVE: £340,000 (Sold on 24 Jul 2024)
- The first recorded sale happened at this postcode is , 46 BLACKMOOR GATE: £33,500 (Sold on 30 Jan 1995)
Flat
- The average price is around £70,517 median price is £60,694 Standard Deviation is £42,556 with Total Sold: 118
- The Last 5 Year average price is £110,728 with Total Sold: 12
- The most recent sale happened at this postcode is , 10 CAITHNESS COURT: £70,000 (Sold on 04 Mar 2024)
- The first recorded sale happened at this postcode is , 9 BARLEYCROFT: £23,500 (Sold on 31 Jan 1995)
Other
- The average price is around £7,815,000 median price is £7,815,000 Standard Deviation is £7,535,000 with Total Sold: 2
- The Last 5 Year average price is £280,000 with Total Sold: 1
- The most recent sale happened at this postcode is , 522 WHADDON WAY: £280,000 (Sold on 25 Nov 2022)
- The first recorded sale happened at this postcode is , UNIT 14 DENBIGH HALL INDUSTRIAL ESTATE: £15,350,000 (Sold on 30 Nov 2018)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£264,000		4
2023	£284,821	£3,875	20
2022	£296,972	£3,967	18
2021	£248,962	£3,707	13
2020	£238,999	£3,501	13
2019	£232,673	£3,228	26
2018	£240,050	£3,451	20
2017	£212,760	£3,067	25
2016	£207,723	£2,844	21
2015	£193,617	£2,614	28
2014	£168,280	£2,477	26
2013	£143,961	£2,238	13
2012	£141,183	£2,098	15
2011	£148,438	£2,103	17
2010	£139,538	£1,897	13
2009	£126,628	£1,739	13
2008	£147,389	£2,073	15
2007	£157,446	£2,513	47
2006	£134,521	£1,986	20
2005	£131,527	£1,915	27
2004	£131,135	£1,760	36
2003	£120,562	£1,905	24
2002	£96,757	£1,552	33
2001	£77,160	£1,048	52
2000	£69,152	£1,124	38
1999	£58,427	£878	36
1998	£53,788	£748	39
1997	£42,891	£651	34
1996	£38,733	£622	32
1995	£43,083	£644	15

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£399,400	£3,970	5
2023	£328,667	£4,320	6
2022	£327,444	£3,560	9
2021	£354,035	£3,542	14
2020	£330,708	£3,270	12
2019	£308,821	£3,307	14
2018	£282,446	£3,612	12
2017	£293,982	£3,416	14
2016	£293,272	£2,896	11
2015	£251,284	£2,879	16
2014	£244,667	£2,290	15
2013	£212,912	£2,289	17
2012	£194,825	£2,315	12
2011	£193,389	£1,955	9
2010	£199,000	£2,023	9
2009	£180,000	£2,095	4
2008	£197,954	£2,189	11
2007	£217,300	£2,561	11
2006	£218,249	£2,094	18
2005	£181,154	£2,113	13
2004	£187,176	£1,855	17
2003	£171,475	£1,705	20
2002	£143,513	£1,573	25
2001	£122,335	£1,102	14
2000	£99,918	£1,084	29
1999	£87,368	£870	19
1998	£79,389	£859	28
1997	£76,863	£694	30
1996	£71,606	£649	13
1995	£63,119	£749	8

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,650	£3,811	6
2023	£322,474	£3,969	19
2022	£290,644	£3,884	20
2021	£251,750	£3,191	18
2020	£265,406	£3,437	16
2019	£223,031	£3,165	16
2018	£213,867	£3,196	15
2017	£229,263	£3,208	19
2016	£224,636	£2,842	18
2015	£200,421	£2,753	19
2014	£171,166	£2,248	21
2013	£146,000	£2,038	13
2012	£143,642	£1,837	7
2011	£148,179	£2,020	12
2010	£147,853	£2,147	14
2009	£164,083	£1,953	12
2008	£164,864	£2,350	11
2007	£175,904	£2,222	31
2006	£155,266	£2,055	31
2005	£148,314	£1,996	35
2004	£132,823	£1,755	45
2003	£134,238	£1,768	39
2002	£111,826	£1,413	45
2001	£87,508	£1,210	38
2000	£76,931	£1,003	39
1999	£61,601	£894	34
1998	£53,843	£784	33
1997	£51,022	£703	37
1996	£45,923	£601	36
1995	£46,335	£601	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£87,000		2
2023	£91,597	£1,678	4
2022	£92,500	£1,927	1
2021	£120,000	£1,791	1
2019	£143,962	£2,324	4
2017	£120,000	£1,656	2
2016	£148,000	£2,356	4
2015	£66,000	£1,377	2
2014	£102,998	£1,930	2
2012	£89,250	£1,952	2
2011	£78,250	£1,188	4
2010	£61,833	£1,749	3
2009	£90,833	£2,042	3
2008	£60,000	£1,459	2
2007	£120,554	£2,087	9
2006	£86,125	£1,486	4
2005	£76,417	£1,732	6
2004	£69,020	£1,537	5
2003	£71,555	£1,121	9
2002	£62,024	£987	10
2001	£42,200	£999	5
2000	£42,443	£728	9
1999	£32,000	£749	5
1998	£25,875	£459	4
1997	£27,714	£507	7
1996	£22,000	£347	6
1995	£24,333	£528	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£280,000	£3,373	1
2018	£15,350,000		1

House Type in MK4 1AJ area

The most common house types in the MK4 1AJ postcode area are Terraced (85), Semi-detached (23), and Detached (3).

Total	112
Terraced	85
Semi-detached	23
Detached	3
Flat	1
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 with a mortgage or loan (42), and Private rented: Private landlord or letting agency (34).

Owned: Owns with a mortgage or loan	42
Private rented: Private landlord or letting agency	34
Owned: Owns outright	29
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the MK4 1AJ have 2 people in household (39), and 1 person in household (20).

2 people in household	39
1 person in household	20
3 people in household	19
4 people in household	19
5 people in household	13
6 people in household	3
7 people in household	2
0 people in household	0
8 or more people in household	0