Housing Market Analysis for PEERS LANE, MK5 6BG

Are you looking to understand MK5 6BG 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 MK5 6BG area, explore the MK5 6BG Area information page.
For comprehensive crime statistics in the MK5 6BG area, explore the MK5 6BG Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK5 6BG postcode area, The average prices are as follows,

  • Flat
    • The average price is around £39,812 median price is £36,750 Standard Deviation is £12,572 with Total Sold: 8
    • The Last 5 Year average price is £55,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 25 PEERS LANE: £61,500 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is 17 PEERS LANE: £20,000 (Sold on 19 Nov 1999)
  • Detached
    • The average price is around £166,333 median price is £172,000 Standard Deviation is £18,803 with Total Sold: 3
    • The most recent sale happened at this postcode is 5 PEERS LANE: £186,000 (Sold on 28 Jun 2019)
    • The first recorded sale happened at this postcode is 1 PEERS LANE: £141,000 (Sold on 28 May 1999)
  • Semi-Detached
    • The average price is around £42,750 median price is £42,750 Standard Deviation is £13,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 PEERS LANE: £56,000 (Sold on 29 Jun 2007)
    • The first recorded sale happened at this postcode is 7 PEERS LANE: £29,500 (Sold on 10 May 2002)
  • Terraced
    • The average price is around £26,050 median price is £26,250 Standard Deviation is £9,954 with Total Sold: 4
    • The most recent sale happened at this postcode is 11 PEERS LANE: £36,000 (Sold on 13 Sep 2002)
    • The first recorded sale happened at this postcode is 9 PEERS LANE: £15,700 (Sold on 06 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 6BG 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£61,500 £1,618 1
2020£49,500 £1,269 1
2017£51,000 £1,308 1
2011£35,000 £921 1
2008£36,000 £923 1
2004£37,500 £987 1
2003£28,000 £718 1
1999£20,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£186,000 £2,480 1
2001£172,000 £1,421 1
1999£141,000 £1,165 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£56,0001
2002£29,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£36,000 £429 2
1998£16,5001
1995£15,7001

All the Sales in the PEERS LANE, MK5 6BG

See the table below for more details on the sold house prices in the MK5 6BG, Milton Keynes postcode.

AddressSold DatePrice% Change
25 PEERS LANEFlat, LeaseholdArea: 38 Sq.mtrAge: 1983-199017 Jul 2023£61,50075.71%
27 May 2011£35,000-6.67%
05 Mar 2004£37,500First Sale
23 PEERS LANEFlat, LeaseholdArea: 39 Sq.mtrAge: 1983-199018 Dec 2020£49,500-2.94%
22 Sep 2017£51,00041.67%
21 Feb 2008£36,00028.57%
02 Oct 2003£28,000First Sale
5 PEERS LANEDetached, LeaseholdArea: 75 Sq.mtrAge: 1983-199028 Jun 2019£186,000First Sale
7 PEERS LANESemi-Detached, Leasehold29 Jun 2007£56,00089.83%
10 May 2002£29,500First Sale
11 PEERS LANETerraced, Leasehold13 Sep 2002£36,000First Sale
27 PEERS LANETerraced, LeaseholdArea: 84 Sq.mtrAge: 1983-199027 Mar 2002£36,000First Sale
1 PEERS LANEDetached, FreeholdArea: 121 Sq.mtrAge: 1983-199007 Sep 2001£172,00021.99%
28 May 1999£141,000First Sale
17 PEERS LANEFlat, Leasehold19 Nov 1999£20,000First Sale
9 PEERS LANETerraced, Leasehold28 Aug 1998£16,5005.10%
06 Jun 1995£15,700First Sale

Check out the sold house prices near the MK5 6BG postcode. Properties currently for saleProperties currently for rent

PEERS LANE, MK5 6BG Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK5 6BG 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 MK5 6BG postcode.

  • Flat
    • The average price is around £55,928 median price is £39,750 Standard Deviation is £51,618 with Total Sold: 178
    • The Last 5 Year average price is £94,894 with Total Sold: 16
    • The most recent sale happened at this postcode is , 2 LAUNCESTON COURT: £67,500 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 13 PHILLIP COURT: £9,900 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £286,494 median price is £236,000 Standard Deviation is £208,537 with Total Sold: 1,107
    • The Last 5 Year average price is £575,333 with Total Sold: 90
    • The most recent sale happened at this postcode is , 43 PIGOTT DRIVE: £512,500 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 37 SELBY GROVE: £81,000 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £132,265 median price is £116,000 Standard Deviation is £87,535 with Total Sold: 343
    • The Last 5 Year average price is £275,409 with Total Sold: 33
    • The most recent sale happened at this postcode is , 30 FORTESCUE DRIVE: £310,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 39 SELBY GROVE: £51,000 (Sold on 09 Jan 1995)
  • Semi-Detached
    • The average price is around £137,962 median price is £117,500 Standard Deviation is £94,860 with Total Sold: 650
    • The Last 5 Year average price is £291,157 with Total Sold: 54
    • The most recent sale happened at this postcode is , 38 STAFFORD GROVE: £325,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 NORTHCROFT: £39,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £6,639,374 median price is £1,350,000 Standard Deviation is £8,054,610 with Total Sold: 8
    • The Last 5 Year average price is £1,016,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , WATLING VALE MEDICAL CENTRE BURCHARD CRESCENT: £1,775,000 (Sold on 31 Jan 2023)
    • The first recorded sale happened at this postcode is , KITEMARK COURT DAVY AVENUE: £12,750,000 (Sold on 23 Dec 2014)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£67,5001
2023£70,500 £1,834 3
2022£160,400 £3,217 2
2021£94,143 £2,026 7
2020£86,500 £2,222 3
2018£120,000 £1,457 3
2017£85,300 £1,905 4
2016£102,333 £2,166 3
2015£36,500 £1,106 1
2014£131,000 £2,672 3
2013£46,500 £1,128 2
2012£51,500 £748 2
2011£62,000 £1,305 4
2010£67,124 £1,358 6
2009£57,875 £1,086 4
2008£64,125 £1,583 4
2007£83,557 £1,918 11
2006£85,500 £1,571 9
2005£109,727 £2,599 11
2004£48,700 £1,313 5
2003£42,250 £1,042 14
2002£28,314 £626 9
2001£29,269 £659 13
2000£30,176 £706 15
1999£30,000 £632 7
1998£21,500 £496 10
1997£18,351 £329 14
1996£19,649 £465 5
1995£21,883 £517 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£548,929 £4,691 7
2023£725,650 £4,860 10
2022£590,877 £4,483 22
2021£590,701 £4,292 20
2020£511,860 £4,157 31
2019£529,978 £3,405 18
2018£487,323 £3,945 17
2017£524,260 £3,719 25
2016£607,781 £3,835 19
2015£379,789 £3,205 24
2014£472,273 £2,722 33
2013£312,040 £2,386 25
2012£338,738 £2,637 21
2011£366,780 £2,447 25
2010£329,611 £2,685 18
2009£335,278 £2,302 18
2008£341,474 £2,288 22
2007£344,859 £2,437 39
2006£342,612 £2,248 52
2005£339,657 £2,072 33
2004£293,910 £1,929 50
2003£248,098 £1,885 48
2002£233,575 £1,675 49
2001£209,259 £1,364 69
2000£186,285 £1,384 78
1999£156,844 £1,161 86
1998£133,556 £909 57
1997£132,235 £907 91
1996£123,824 £853 66
1995£112,528 £811 34
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£277,400 £4,762 5
2023£278,000 £4,112 6
2022£304,625 £4,011 8
2021£298,083 £4,068 6
2020£226,000 £3,591 8
2019£247,603 £4,626 4
2018£265,325 £3,658 6
2017£268,125 £4,145 8
2016£220,300 £4,070 10
2015£215,056 £3,046 9
2014£195,655 £3,115 9
2013£181,417 £2,928 6
2012£183,250 £2,601 4
2011£172,667 £2,568 6
2010£138,874 £1,944 4
2009£123,955 £2,100 11
2008£141,817 £2,448 6
2007£172,766 £2,767 15
2006£154,781 £2,578 16
2005£138,285 £2,388 14
2004£115,022 £1,768 11
2003£134,928 £2,164 14
2002£90,544 £1,493 23
2001£76,049 £1,266 15
2000£77,013 £1,211 29
1999£57,739 £1,020 19
1998£50,895 £841 22
1997£44,567 £765 14
1996£45,040 £770 11
1995£44,727 £744 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,083 £3,684 6
2023£281,794 £4,134 17
2022£334,875 £4,896 8
2021£272,912 £3,715 17
2020£379,167 £3,807 6
2019£268,672 £3,509 16
2018£230,000 £3,090 12
2017£267,506 £3,480 16
2016£247,909 £3,524 11
2015£236,999 £2,738 4
2014£205,730 £2,779 13
2013£154,874 £1,961 8
2012£161,688 £2,555 8
2011£177,214 £2,269 7
2010£158,077 £2,185 13
2009£152,768 £2,050 14
2008£187,545 £2,489 11
2007£192,600 £2,459 25
2006£168,575 £2,442 33
2005£140,395 £2,080 24
2004£152,041 £2,142 24
2003£137,041 £1,846 35
2002£114,008 £1,598 45
2001£92,806 £1,324 46
2000£89,928 £1,145 40
1999£63,610 £862 41
1998£58,388 £847 36
1997£58,252 £779 38
1996£59,104 £681 37
1995£49,615 £696 39
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,775,0001
2021£637,500 £12,443 2
2019£22,302,9911
2018£14,400,0001
2017£306,000 £3,676 2
2014£12,750,0001

House Type in MK5 6BG area

The most common house types in the MK5 6BG postcode area are Semi-detached (86), Terraced (28), and Flat (23).

Total158
Semi-detached86
Terraced28
Flat23
Detached21
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (65), and Owned: Owns outright (24).

Private rented: Private landlord or letting agency65
Owned: Owns outright24
Owned: Owns with a mortgage or loan24
Social rented: Other social rented21
Shared ownership: Shared ownership14
Social rented: Rents from council or Local Authority6
Private rented: Other private rented5
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK5 6BG have 1 person in household (56), and 2 people in household (51).

1 person in household56
2 people in household51
3 people in household35
4 people in household13
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0