Housing Market Analysis for MK5 6LB

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK5 6LB 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.

    All the Sales in the MK5 6LB

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

    AddressSold DatePrice% Change

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

    MK5 6LB Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £172,593 median price is £140,000 Standard Deviation is £102,127 with Total Sold: 60
      • The Last 5 Year average price is £393,992 with Total Sold: 6
      • The most recent sale happened at this postcode is , 19 JENKINS CLOSE: £760,000 (Sold on 29 May 2024)
      • The first recorded sale happened at this postcode is , 4 BROUGH CLOSE: £84,500 (Sold on 16 May 1997)
    • Terraced
      • The average price is around £198,717 median price is £198,000 Standard Deviation is £78,113 with Total Sold: 25
      • The Last 5 Year average price is £307,000 with Total Sold: 4
      • The most recent sale happened at this postcode is , 11 MINORCA GROVE: £372,000 (Sold on 16 May 2024)
      • The first recorded sale happened at this postcode is , 9 MINORCA GROVE: £115,995 (Sold on 24 Aug 2001)
    • Detached
      • The average price is around £299,484 median price is £240,000 Standard Deviation is £187,133 with Total Sold: 650
      • The Last 5 Year average price is £596,127 with Total Sold: 72
      • The most recent sale happened at this postcode is , 31 JENKINS CLOSE: £425,000 (Sold on 25 Apr 2024)
      • The first recorded sale happened at this postcode is , 13 BODIAM CLOSE: £122,000 (Sold on 16 Jan 1995)
    • Flat
      • The average price is around £259,943 median price is £259,950 Standard Deviation is £92,737 with Total Sold: 111
      • The Last 5 Year average price is £326,918 with Total Sold: 51
      • The most recent sale happened at this postcode is 204, SHENLEY WOOD RETIREMENT VILLAGE CHALKDELL DRIVE: £162,500 (Sold on 08 Apr 2024)
      • The first recorded sale happened at this postcode is , 10 ANCONA GARDENS: £77,500 (Sold on 01 Feb 2000)
    • Other
      • The average price is around £22,000,000 median price is £22,000,000 Standard Deviation is £0 with Total Sold: 1
      • The Last 5 Year average price is £22,000,000 with Total Sold: 1
      • The most recent sale happened at this postcode is , SANTANDER DEVELOPMENT PHASE 1 CHALKDELL DRIVE: £22,000,000 (Sold on 18 Dec 2023)
      • The first recorded sale happened at this postcode is , SANTANDER DEVELOPMENT PHASE 1 CHALKDELL DRIVE: £22,000,000 (Sold on 18 Dec 2023)

    Sold Price Trend Over the Years:

    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£760,0001
    2023£370,000 £5,000 1
    2021£353,000 £4,210 2
    2020£254,950 £3,616 1
    2019£273,000 £3,957 1
    2017£200,000 £2,882 1
    2016£325,000 £2,770 1
    2014£196,000 £2,738 2
    2012£190,000 £2,754 1
    2011£147,000 £2,042 1
    2010£245,000 £2,534 1
    2009£123,867 £1,457 3
    2008£190,000 £2,796 2
    2007£156,625 £1,975 4
    2006£172,500 £2,152 4
    2005£165,375 £2,042 4
    2004£150,007 £2,136 7
    2003£132,025 £1,874 4
    2002£103,000 £1,484 1
    2001£117,587 £1,548 16
    1998£116,000 £1,156 1
    1997£84,5001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£372,0001
    2022£345,000 £4,662 1
    2021£245,000 £3,712 1
    2019£266,000 £3,644 1
    2018£273,167 £3,416 3
    2016£248,750 £2,865 2
    2015£188,000 £2,765 1
    2014£200,000 £2,265 2
    2007£145,000 £1,959 1
    2006£175,998 £2,039 2
    2005£198,000 £2,000 1
    2004£205,000 £2,050 1
    2003£110,000 £1,507 2
    2002£116,225 £1,712 2
    2001£120,621 £1,391 4
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£422,667 £5,093 3
    2023£631,500 £4,548 12
    2022£650,179 £4,439 14
    2021£579,514 £4,171 11
    2020£582,177 £3,669 17
    2019£580,067 £4,132 15
    2018£595,179 £3,476 7
    2017£454,049 £3,684 15
    2016£487,059 £3,683 7
    2015£527,013 £3,161 19
    2014£480,923 £2,810 13
    2013£436,250 £2,788 10
    2012£381,679 £2,524 14
    2011£341,756 £2,611 15
    2010£397,750 £2,590 14
    2009£328,375 £2,098 16
    2008£341,071 £2,264 14
    2007£326,075 £2,367 20
    2006£299,400 £2,261 15
    2005£278,392 £2,156 19
    2004£291,021 £2,204 21
    2003£319,394 £2,023 19
    2002£263,387 £1,616 34
    2001£225,392 £1,366 57
    2000£215,954 £1,351 54
    1999£180,819 £1,229 43
    1998£132,031 £1,033 38
    1997£116,685 £941 51
    1996£180,649 £1,037 31
    1995£136,647 £859 32
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£162,500 £3,009 1
    2023£354,325 £3,284 6
    2022£332,618 £4,905 17
    2021£352,500 £5,073 6
    2020£332,480 £4,949 12
    2019£291,681 £4,464 9
    2018£259,861 £4,415 11
    2017£249,423 £4,028 7
    2016£232,065 £3,652 11
    2015£221,619 £3,326 9
    2014£190,362 £3,040 8
    2013£164,140 £2,700 5
    2011£144,000 £2,357 1
    2006£30,0001
    2004£34,000 £290 1
    2000£79,583 £1,356 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£22,000,0001

    House Type in MK5 6LB area

    The most common house types in the MK5 6LB postcode area are Flat (176), Detached (1), and Terraced (1).

    Total179
    Flat176
    Detached1
    Terraced1
    converted building1
    Semi-detached0
    Shared house0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (85), and Shared ownership: Shared ownership (48).

    Owned: Owns outright85
    Shared ownership: Shared ownership48
    Social rented: Other social rented26
    Social rented: Rents from council or Local Authority14
    Private rented: Private landlord or letting agency3
    Private rented: Other private rented3
    Does not apply0
    Owned: Owns with a mortgage or loan0
    Lives rent free0

    Number of People in a Household

    The most houses in the MK5 6LB have 1 person in household (126), and 2 people in household (54).

    1 person in household126
    2 people in household54
    0 people in household0
    3 people in household0
    4 people in household0
    5 people in household0
    6 people in household0
    7 people in household0
    8 or more people in household0