Housing Market Analysis for FAVELL DRIVE, MK4 1AQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £142,774 median price is £136,750 Standard Deviation is £44,527 with Total Sold: 10
- The most recent sale happened at this postcode is 36 FAVELL DRIVE: £215,000 (Sold on 20 Apr 2016)
- The first recorded sale happened at this postcode is 32 FAVELL DRIVE: £52,000 (Sold on 23 Nov 1998)
Semi-Detached
- The average price is around £103,020 median price is £88,000 Standard Deviation is £53,631 with Total Sold: 17
- The most recent sale happened at this postcode is 22 FAVELL DRIVE: £195,000 (Sold on 09 Oct 2015)
- The first recorded sale happened at this postcode is 26 FAVELL DRIVE: £52,350 (Sold on 28 Feb 1995)
Detached
- The average price is around £230,000 median price is £230,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 2 FAVELL DRIVE: £230,000 (Sold on 06 Jul 2006)
- The first recorded sale happened at this postcode is 2 FAVELL DRIVE: £230,000 (Sold on 06 Jul 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average MK4 1AQ 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
2016	£215,000	£3,162	1
2015	£209,995	£3,088	1
2014	£160,000	£2,353	1
2012	£152,000	£2,209	1
2005	£133,125	£1,958	2
2004	£135,500		1
2003	£120,000		1
2002	£117,000	£1,773	1
1998	£52,000	£788	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£195,000	£2,955	1
2013	£159,995	£2,424	1
2012	£152,500	£2,383	1
2007	£172,250	£2,464	2
2004	£138,500	£2,059	2
2003	£126,000	£1,831	1
2001	£88,000	£1,375	1
1999	£56,667	£840	3
1996	£47,333	£742	3
1995	£48,175	£753	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2006	£230,000		1

All the Sales in the FAVELL DRIVE, MK4 1AQ

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

Address	Sold Date	Price	% Change
36 FAVELL DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1976-1982	20 Apr 2016	£215,000	34.38%
	11 Mar 2014	£160,000	15.94%
	16 Sep 2005	£138,000	7.60%
	07 Feb 2005	£128,250	First Sale
16 FAVELL DRIVETerraced, FreeholdArea: 68 Sq.mtrAge: 1976-1982	16 Oct 2015	£209,995	50.00%
	22 Nov 2004	£140,000	164.15%
	12 Feb 1999	£53,000	First Sale
22 FAVELL DRIVESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	09 Oct 2015	£195,000	21.88%
	28 Jun 2013	£159,995	153.96%
	30 Jul 1999	£63,000	28.57%
	04 Oct 1996	£49,000	First Sale
26 FAVELL DRIVESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1996-2002	15 May 2012	£152,500	73.30%
	03 Sep 2001	£88,000	100.00%
	12 Apr 1995	£44,000	-15.95%
	28 Feb 1995	£52,350	First Sale
14 FAVELL DRIVETerraced, FreeholdArea: 68.8 Sq.mtrAge: 1976-1982	27 Jan 2012	£152,000	-10.32%
	30 Nov 2007	£169,500	34.52%
	11 Jul 2003	£126,000	133.33%
	30 Jun 1999	£54,000	First Sale
20 FAVELL DRIVESemi-Detached, Freehold	01 Jun 2007	£175,000	280.43%
20 FAVELL DRIVESemi-Detached, Freehold	09 Feb 1996	£46,000	First Sale
2 FAVELL DRIVEDetached, Freehold	06 Jul 2006	£230,000	First Sale
12 FAVELL DRIVETerraced, Freehold	06 Aug 2004	£135,500	First Sale
6 FAVELL DRIVESemi-Detached, Freehold	22 Jan 2004	£137,000	191.49%
6 FAVELL DRIVESemi-Detached, Freehold	28 Jun 1996	£47,000	First Sale
10 FAVELL DRIVETerraced, Freehold	18 Jul 2003	£120,000	First Sale
32 FAVELL DRIVETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	04 Nov 2002	£117,000	125.00%
	23 Nov 1998	£52,000	First Sale

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

FAVELL DRIVE, MK4 1AQ Near By properties

Interactive Map

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

Terraced
- The average price is around £131,315 median price is £125,000 Standard Deviation is £76,909 with Total Sold: 862
- The Last 5 Year average price is £258,109 with Total Sold: 108
- 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 £217,022 median price is £196,000 Standard Deviation is £140,816 with Total Sold: 509
- The Last 5 Year average price is £407,850 with Total Sold: 70
- 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 , 11 SELWORTHY: £43,500 (Sold on 03 Jan 1995)
Semi-Detached
- The average price is around £142,076 median price is £135,000 Standard Deviation is £82,092 with Total Sold: 784
- The Last 5 Year average price is £273,461 with Total Sold: 106
- 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 £74,921 median price is £69,500 Standard Deviation is £45,588 with Total Sold: 141
- The Last 5 Year average price is £121,640 with Total Sold: 16
- 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	£255,200		5
2023	£284,353	£4,084	21
2022	£299,773	£4,032	22
2021	£240,853	£3,617	17
2020	£239,966	£3,382	15
2019	£226,407	£3,130	28
2018	£239,604	£3,417	24
2017	£209,400	£3,224	25
2016	£200,834	£2,828	23
2015	£188,622	£2,657	31
2014	£167,165	£2,547	27
2013	£154,747	£2,283	13
2012	£139,153	£2,135	18
2011	£149,022	£2,069	20
2010	£140,923	£1,969	13
2009	£126,976	£1,767	14
2008	£144,935	£2,021	18
2007	£156,841	£2,516	54
2006	£132,164	£2,100	33
2005	£129,097	£1,919	23
2004	£131,544	£1,816	42
2003	£119,812	£1,958	32
2002	£96,289	£1,582	38
2001	£76,711	£1,097	56
2000	£67,495	£1,112	47
1999	£54,665	£894	45
1998	£51,872	£770	45
1997	£41,701	£664	51
1996	£38,070	£639	42
1995	£41,562	£649	20

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£438,400		5
2023	£436,611	£4,204	9
2022	£384,125	£3,996	12
2021	£442,071	£3,387	14
2020	£417,733	£3,473	15
2019	£357,567	£3,381	15
2018	£313,668	£3,678	14
2017	£322,286	£3,370	14
2016	£345,333	£3,078	18
2015	£291,503	£2,847	19
2014	£246,967	£2,331	15
2013	£248,250	£2,341	20
2012	£242,850	£2,463	14
2011	£200,056	£2,093	9
2010	£217,500	£2,021	8
2009	£215,833	£2,331	6
2008	£264,500	£2,395	12
2007	£234,583	£2,703	12
2006	£233,750	£2,060	22
2005	£206,929	£2,055	14
2004	£195,675	£1,845	20
2003	£178,282	£1,708	23
2002	£174,500	£1,533	33
2001	£134,435	£1,120	21
2000	£105,997	£1,099	31
1999	£133,977	£954	30
1998	£80,469	£854	28
1997	£78,094	£699	32
1996	£77,010	£668	13
1995	£60,859	£579	11

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£261,322	£3,350	9
2023	£329,955	£4,056	22
2022	£287,690	£3,733	23
2021	£254,469	£3,121	16
2020	£262,156	£3,458	16
2019	£224,657	£3,239	20
2018	£225,421	£3,088	19
2017	£230,136	£3,194	22
2016	£215,624	£2,703	20
2015	£198,139	£2,725	18
2014	£171,166	£2,248	21
2013	£143,416	£2,040	12
2012	£146,106	£1,788	7
2011	£147,939	£1,982	14
2010	£147,412	£2,119	12
2009	£163,179	£1,984	14
2008	£162,231	£2,283	13
2007	£174,903	£2,233	31
2006	£155,257	£2,099	35
2005	£153,154	£2,022	39
2004	£134,112	£1,731	45
2003	£132,919	£1,731	46
2002	£109,885	£1,419	51
2001	£88,482	£1,222	41
2000	£78,764	£996	41
1999	£61,309	£895	37
1998	£54,352	£755	32
1997	£49,849	£672	41
1996	£46,664	£600	38
1995	£46,191	£611	29

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£87,000		2
2023	£112,731	£1,912	6
2022	£92,500	£1,927	1
2021	£148,750	£2,400	2
2019	£141,170	£2,350	5
2017	£129,625	£2,037	6
2016	£144,100	£2,293	5
2015	£66,000	£1,377	2
2014	£107,165	£1,888	3
2013	£85,000	£1,349	1
2012	£89,250	£1,952	2
2011	£74,200	£1,182	5
2010	£61,833	£1,749	3
2009	£90,833	£2,042	3
2008	£81,500	£1,717	3
2007	£117,999	£2,008	10
2006	£84,178	£1,411	6
2005	£76,417	£1,732	6
2004	£69,020	£1,537	5
2003	£76,727	£1,290	11
2002	£58,113	£911	11
2001	£42,200	£999	5
2000	£40,180	£673	11
1999	£32,000	£749	5
1998	£25,875	£459	4
1997	£26,167	£471	9
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 1AQ area

The most common house types in the MK4 1AQ postcode area are Semi-detached (51), Terraced (49), and Detached (19).

Total	124
Semi-detached	51
Terraced	49
Detached	19
Flat	4
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 Owned: Owns with a mortgage or loan (39), and Owned: Owns outright (35).

Owned: Owns with a mortgage or loan	39
Owned: Owns outright	35
Shared ownership: Shared ownership	18
Private rented: Private landlord or letting agency	18
Social rented: Rents from council or Local Authority	7
Private rented: Other private rented	5
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK4 1AQ have 2 people in household (42), and 1 person in household (36).

2 people in household	42
1 person in household	36
3 people in household	24
4 people in household	19
5 people in household	4
6 people in household	3
0 people in household	0
7 people in household	0
8 or more people in household	0