Housing Market Analysis for FORBES PLACE, MK5 6FG

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £359,542 median price is £299,950 Standard Deviation is £100,649 with Total Sold: 7
    • The Last 5 Year average price is £517,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 FORBES PLACE: £509,000 (Sold on 20 Apr 2021)
    • The first recorded sale happened at this postcode is 2 FORBES PLACE: £274,950 (Sold on 30 Jun 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 6FG 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£509,000 £2,977 1
2019£525,000 £3,163 1
2004£324,9951
2003£289,450 £1,730 4

All the Sales in the FORBES PLACE, MK5 6FG

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

AddressSold DatePrice% Change
3 FORBES PLACEDetached, FreeholdArea: 171 Sq.mtrAge: 2003-200620 Apr 2021£509,00076.77%
25 Jul 2003£287,950First Sale
4 FORBES PLACEDetached, FreeholdArea: 166 Sq.mtrAge: 2003-200629 Nov 2019£525,00078.00%
25 Jul 2003£294,950First Sale
2 FORBES PLACEDetached, Freehold24 Sep 2004£324,99518.20%
30 Jun 2003£274,950First Sale
1 FORBES PLACEDetached, Freehold29 Aug 2003£299,950First Sale

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

FORBES PLACE, MK5 6FG Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £215,819 median price is £200,000 Standard Deviation is £69,247 with Total Sold: 247
    • The Last 5 Year average price is £326,750 with Total Sold: 36
    • The most recent sale happened at this postcode is , 47 KENDALL PLACE: £390,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , 2 PASCAL DRIVE: £166,000 (Sold on 07 Feb 2002)
  • Flat
    • The average price is around £140,781 median price is £133,000 Standard Deviation is £55,588 with Total Sold: 535
    • The Last 5 Year average price is £168,810 with Total Sold: 86
    • The most recent sale happened at this postcode is , 47 OTTERBURN CRESCENT: £137,500 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 55 DARWIN CLOSE: £169,500 (Sold on 31 Jan 2002)
  • Detached
    • The average price is around £366,578 median price is £350,000 Standard Deviation is £133,154 with Total Sold: 312
    • The Last 5 Year average price is £548,268 with Total Sold: 44
    • The most recent sale happened at this postcode is , 13 BEDDOES CROFT: £618,000 (Sold on 13 Aug 2024)
    • The first recorded sale happened at this postcode is , 11 BOLTWOOD GROVE: £264,000 (Sold on 21 Dec 2001)
  • Semi-Detached
    • The average price is around £247,331 median price is £225,750 Standard Deviation is £65,995 with Total Sold: 186
    • The Last 5 Year average price is £364,404 with Total Sold: 26
    • The most recent sale happened at this postcode is , 2 LANGPORT CRESCENT: £425,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , 22 PASCAL DRIVE: £167,000 (Sold on 30 Nov 2001)
  • Other
    • The average price is around £839,640 median price is £672,200 Standard Deviation is £592,787 with Total Sold: 5
    • The Last 5 Year average price is £1,083,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , 53 PASCAL DRIVE: £1,016,000 (Sold on 20 Jun 2022)
    • The first recorded sale happened at this postcode is , OXLEY PARK ACADEMY SHENLEY WOOD MERLEWOOD DRIVE: £672,200 (Sold on 15 Jul 2016)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£254,500 £3,841 3
2023£352,500 £3,654 5
2022£358,100 £3,840 5
2021£330,067 £2,895 15
2020£315,167 £3,718 3
2019£310,000 £3,179 5
2018£276,720 £3,187 7
2017£254,389 £2,913 9
2016£261,636 £3,005 11
2015£238,444 £2,428 9
2014£240,167 £2,625 3
2013£193,683 £2,193 6
2012£212,000 £2,105 6
2011£171,733 £2,190 3
2010£196,650 £2,298 3
2009£171,000 £1,853 10
2008£205,200 £2,190 5
2007£218,635 £2,136 13
2006£187,833 £2,095 38
2005£179,279 £2,013 12
2004£191,036 £2,092 12
2003£174,828 £1,865 41
2002£161,143 £1,653 23
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,0003
2023£184,522 £2,601 18
2022£203,275 £2,687 20
2021£145,522 £2,227 23
2020£124,731 £2,183 13
2019£173,250 £2,256 9
2018£169,958 £2,548 19
2017£161,700 £2,275 25
2016£145,155 £2,189 37
2015£144,228 £2,108 32
2014£141,650 £2,000 20
2013£109,920 £1,500 15
2012£113,124 £1,585 17
2011£128,962 £1,634 13
2010£100,425 £1,469 12
2009£93,294 £1,434 20
2008£101,043 £1,598 22
2007£126,237 £1,816 73
2006£123,009 £1,955 38
2005£124,276 £1,597 23
2004£182,758 £1,838 41
2003£147,320 £1,938 28
2002£128,642 £1,975 14
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£608,2504
2023£665,000 £3,713 6
2022£628,333 £4,103 9
2021£499,600 £3,434 10
2020£511,857 £2,987 7
2019£433,350 £2,800 8
2018£496,571 £2,810 7
2017£492,891 £3,558 14
2016£543,214 £3,093 7
2015£419,071 £2,654 7
2014£398,950 £2,392 10
2013£363,375 £2,160 4
2012£289,333 £1,963 3
2011£362,400 £2,086 5
2010£307,341 £2,201 11
2009£271,650 £1,892 3
2008£332,500 £2,089 8
2007£366,170 £2,280 10
2006£324,577 £2,019 47
2005£294,528 £2,159 32
2004£318,581 £2,014 28
2003£291,578 £1,819 60
2002£285,168 £1,513 11
2001£264,000 £1,630 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£368,333 £3,737 3
2022£394,500 £3,998 6
2021£369,722 £3,418 9
2020£321,667 £3,431 3
2019£342,000 £2,991 5
2018£343,000 £3,282 4
2017£316,069 £3,563 7
2016£291,399 £2,654 5
2015£250,099 £2,756 5
2014£257,214 £2,568 7
2013£238,857 £2,194 7
2012£224,000 £2,246 5
2011£232,332 £2,467 3
2010£244,333 £1,681 3
2009£207,708 £1,977 6
2008£210,000 £2,037 7
2007£229,444 £2,338 9
2006£228,400 £2,257 27
2005£214,354 £2,252 28
2004£202,094 £2,054 8
2003£207,062 £1,796 16
2002£180,653 £1,693 12
2001£167,000 £1,606 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£675,500 £12,095 2
2021£1,900,000 £4,695 1
2016£473,6002

House Type in MK5 6FG area

The most common house types in the MK5 6FG postcode area are Detached (27), Flat (17), and Terraced (2).

Total46
Detached27
Flat17
Terraced2
Semi-detached0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (21), and Owned: Owns outright (12).

Owned: Owns with a mortgage or loan21
Owned: Owns outright12
Private rented: Private landlord or letting agency10
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the MK5 6FG have 4 people in household (14), and 2 people in household (11).

4 people in household14
2 people in household11
3 people in household11
1 person in household6
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0