Housing Market Analysis for MERLEWOOD DRIVE, MK5 6GG

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

Overview of Sold House prices

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

  • Other
    • The average price is around £672,200 median price is £672,200 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is OXLEY PARK ACADEMY SHENLEY WOOD MERLEWOOD DRIVE: £672,200 (Sold on 15 Jul 2016)
    • 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:

Below table and chart gives the average MK5 6GG 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£672,2001

All the Sales in the MERLEWOOD DRIVE, MK5 6GG

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

AddressSold DatePrice% Change
OXLEY PARK ACADEMY SHENLEY WOOD MERLEWOOD DRIVEOther, Leasehold15 Jul 2016£672,200First Sale

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

MERLEWOOD DRIVE, MK5 6GG Near By properties

Interactive Map

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

  • Detached
    • The average price is around £303,398 median price is £277,500 Standard Deviation is £151,871 with Total Sold: 452
    • The Last 5 Year average price is £447,098 with Total Sold: 65
    • The most recent sale happened at this postcode is , 52 NUNEHAM GROVE: £400,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 52 NUNEHAM GROVE: £76,000 (Sold on 30 May 1997)
  • Terraced
    • The average price is around £223,737 median price is £229,950 Standard Deviation is £70,846 with Total Sold: 183
    • The Last 5 Year average price is £259,204 with Total Sold: 44
    • The most recent sale happened at this postcode is , 149 HOLDEN AVENUE: £104,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 BEDDOES CROFT: £178,950 (Sold on 30 Dec 2002)
  • Flat
    • The average price is around £167,332 median price is £178,000 Standard Deviation is £59,025 with Total Sold: 131
    • The Last 5 Year average price is £209,542 with Total Sold: 24
    • The most recent sale happened at this postcode is , 5 TRACY WAY: £157,500 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is , 22 VERNIER CRESCENT: £180,000 (Sold on 05 Mar 2004)
  • Semi-Detached
    • The average price is around £246,695 median price is £245,000 Standard Deviation is £83,116 with Total Sold: 367
    • The Last 5 Year average price is £296,057 with Total Sold: 87
    • The most recent sale happened at this postcode is , 13 SWANSON DRIVE: £131,600 (Sold on 17 Jun 2024)
    • The first recorded sale happened at this postcode is , 55 NUNEHAM GROVE: £75,000 (Sold on 30 May 1997)
  • Other
    • The average price is around £1,107,508 median price is £279,500 Standard Deviation is £1,838,796 with Total Sold: 6
    • The Last 5 Year average price is £40,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 2 REDGRAVE DRIVE: £40,000 (Sold on 04 Aug 2020)
    • 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£475,5006
2023£502,300 £4,200 10
2022£501,071 £3,919 7
2021£411,555 £3,509 25
2020£402,500 £3,163 7
2019£457,149 £3,516 10
2018£466,485 £3,803 29
2017£462,669 £3,669 29
2016£425,885 £3,311 13
2015£407,938 £3,653 8
2014£328,300 £2,521 14
2013£302,250 £2,554 8
2012£268,375 £2,181 12
2011£242,748 £2,229 13
2010£285,655 £2,287 16
2009£252,061 £2,416 22
2008£258,363 £2,820 21
2007£267,065 £2,528 31
2006£329,786 £2,305 7
2005£304,571 £2,058 7
2004£335,625 £2,067 16
2003£297,629 £1,871 37
2002£218,400 £1,638 14
2001£163,693 £1,497 14
2000£165,636 £1,371 9
1999£133,137 £1,184 18
1998£124,921 £1,052 17
1997£91,729 £963 32
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£247,917 £3,842 6
2023£332,333 £3,128 3
2022£313,429 £3,263 7
2021£225,444 £2,613 9
2020£263,108 £2,672 9
2019£232,950 £2,496 10
2018£210,875 £2,722 12
2017£236,312 £2,712 8
2016£266,666 £6,777 9
2015£217,954 £2,383 13
2014£201,263 £2,493 15
2013£212,710 £2,199 20
2012£206,667 £2,187 3
2011£222,155 £1,930 11
2010£209,266 £2,594 15
2009£189,512 £2,601 12
2008£205,736 £2,690 9
2007£236,339 £2,520 6
2006£155,317 £1,688 3
2003£110,000 £1,507 2
2002£178,9501
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£175,1673
2023£218,667 £2,332 3
2022£208,500 £3,017 10
2021£226,875 £2,553 4
2020£170,000 £3,153 2
2019£257,500 £2,433 2
2018£205,900 £9,861 5
2017£194,143 £2,729 7
2016£180,800 £2,889 5
2015£201,700 £2,529 9
2014£175,833 £2,631 6
2013£200,000 £1,852 1
2012£148,000 £1,685 5
2011£164,374 £7,217 4
2010£133,027 £4,699 9
2009£83,724 £1,352 10
2008£139,747 £2,222 27
2007£212,5001
2006£118,500 £2,156 2
2004£179,625 £1,670 16
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,700 £2,775 3
2023£352,650 £3,811 10
2022£300,446 £4,007 16
2021£284,447 £2,817 29
2020£263,620 £3,238 10
2019£305,478 £3,221 19
2018£318,576 £3,628 32
2017£287,141 £3,477 28
2016£316,500 £2,905 7
2015£280,833 £3,090 6
2014£237,706 £2,382 15
2013£223,254 £2,073 27
2012£218,373 £2,141 13
2011£198,077 £2,454 13
2010£224,332 £2,764 15
2009£201,880 £2,181 30
2008£212,607 £3,019 24
2007£229,466 £2,831 29
2006£231,628 £2,243 7
2005£171,250 £2,110 4
2004£121,388 £1,680 4
2003£182,690 £1,780 10
2002£172,570 £1,711 5
2001£102,667 £1,703 3
2000£106,000 £1,606 1
1999£93,500 £1,343 1
1997£78,392 £1,058 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£40,0001
2018£177,298 £2,607 1
2017£255,0001
2016£2,057,583 £57,739 3

House Type in MK5 6GG area

The most common house types in the MK5 6GG postcode area are Semi-detached (70), Flat (62), and Detached (51).

Total216
Semi-detached70
Flat62
Detached51
Terraced32
converted building1
Shared house0
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 (94), and Social rented: Other social rented (58).

Owned: Owns with a mortgage or loan94
Social rented: Other social rented58
Private rented: Private landlord or letting agency40
Shared ownership: Shared ownership9
Owned: Owns outright8
Social rented: Rents from council or Local Authority4
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK5 6GG have 4 people in household (55), and 2 people in household (53).

4 people in household55
2 people in household53
1 person in household48
3 people in household43
5 people in household15
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0