Housing Market Analysis for NETHER GROVE, MK5 7BQ

Are you looking to understand MK5 7BQ 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 7BQ area, explore the MK5 7BQ Area information page.
For comprehensive crime statistics in the MK5 7BQ area, explore the MK5 7BQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK5 7BQ postcode area, The average prices are as follows,

Detached
- The average price is around £186,913 median price is £126,998 Standard Deviation is £121,656 with Total Sold: 30
- The Last 5 Year average price is £412,500 with Total Sold: 2
- The most recent sale happened at this postcode is 3 NETHER GROVE: £405,000 (Sold on 01 Oct 2020)
- The first recorded sale happened at this postcode is 16 NETHER GROVE: £117,500 (Sold on 23 Jun 1997)
Semi-Detached
- The average price is around £136,125 median price is £132,250 Standard Deviation is £50,275 with Total Sold: 4
- The most recent sale happened at this postcode is 6 NETHER GROVE: £200,000 (Sold on 10 Jul 2009)
- The first recorded sale happened at this postcode is 6 NETHER GROVE: £80,000 (Sold on 30 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7BQ 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£412,500	£3,602	2
2016	£452,500	£3,603	2
2015	£420,000	£3,652	1
2009	£227,000	£1,974	1
2006	£272,000		1
2004	£245,000	£2,232	2
2002	£143,950	£1,822	1
2000	£134,125	£1,496	4
1999	£134,000	£1,175	1
1998	£124,995		1
1997	£109,211	£1,016	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2009	£200,000	£2,469	1
2003	£170,000	£2,099	1
1999	£94,500	£1,167	1
1997	£80,000	£988	1

All the Sales in the NETHER GROVE, MK5 7BQ

See the table below for more details on the sold house prices in the MK5 7BQ, Milton Keynes postcode.

Address	Sold Date	Price	% Change
3 NETHER GROVEDetached, FreeholdArea: 114 Sq.mtrAge: 1983-1990	01 Oct 2020	£405,000	202.24%
	29 Oct 1999	£134,000	9.84%
	23 Oct 1997	£121,995	First Sale
10 NETHER GROVEDetached, FreeholdArea: 115 Sq.mtrAge: 1991-1995	24 Jul 2020	£420,000	85.02%
	13 Feb 2009	£227,000	93.20%
	15 Aug 1997	£117,495	First Sale
12 NETHER GROVEDetached, FreeholdArea: 86 Sq.mtrAge: 1996-2002	26 Sep 2016	£350,000	182.26%
	26 May 2000	£124,000	36.26%
	27 Jun 1997	£91,000	First Sale
7 NETHER GROVEDetached, FreeholdArea: 177 Sq.mtrAge: 1996-2002	05 Aug 2016	£555,000	270.01%
	12 Sep 1997	£149,995	First Sale
15 NETHER GROVEDetached, FreeholdArea: 115 Sq.mtrAge: 1996-2002	25 Aug 2015	£420,000	265.23%
	19 Dec 1997	£114,995	First Sale
6 NETHER GROVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	10 Jul 2009	£200,000	17.65%
	24 Jan 2003	£170,000	79.89%
	04 Mar 1999	£94,500	18.12%
	30 Sep 1997	£80,000	First Sale
16 NETHER GROVEDetached, Freehold	05 Oct 2006	£272,000	13.33%
	27 Jan 2004	£240,000	104.26%
	23 Jun 1997	£117,500	First Sale
4 NETHER GROVEDetached, FreeholdArea: 112 Sq.mtrAge: 1991-1995	22 Oct 2004	£250,000	104.93%
	28 Nov 1997	£121,995	First Sale
13 NETHER GROVEDetached, FreeholdArea: 79 Sq.mtrAge: 1983-1990	08 Apr 2002	£143,950	17.51%
	28 Apr 2000	£122,500	51.24%
	24 Jun 1997	£80,995	First Sale
2 NETHER GROVEDetached, Freehold	15 Dec 2000	£159,000	44.55%
2 NETHER GROVEDetached, Freehold	18 Sep 1997	£109,995	First Sale
1 NETHER GROVEDetached, Freehold	18 Aug 2000	£131,000	40.87%
1 NETHER GROVEDetached, Freehold	17 Oct 1997	£92,995	First Sale
11 NETHER GROVEDetached, Freehold	09 Jan 1998	£124,995	First Sale
5 NETHER GROVEDetached, Freehold	17 Sep 1997	£108,000	First Sale
9 NETHER GROVEDetached, Freehold	30 Jun 1997	£91,995	First Sale
8 NETHER GROVEDetached, Freehold	30 Jun 1997	£129,000	First Sale
14 NETHER GROVEDetached, Freehold	27 Jun 1997	£80,995	First Sale

Check out the sold house prices near the MK5 7BQ postcode. Properties currently for saleProperties currently for rent

NETHER GROVE, MK5 7BQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK5 7BQ 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 7BQ postcode.

Semi-Detached
- The average price is around £137,588 median price is £124,950 Standard Deviation is £80,813 with Total Sold: 836
- The Last 5 Year average price is £273,835 with Total Sold: 59
- The most recent sale happened at this postcode is , 21 WOLFSCOTE LANE: £295,000 (Sold on 13 Sep 2024)
- The first recorded sale happened at this postcode is , 42 HARTDAMES: £59,950 (Sold on 26 Jan 1995)
Detached
- The average price is around £246,459 median price is £214,000 Standard Deviation is £150,959 with Total Sold: 1,908
- The Last 5 Year average price is £545,230 with Total Sold: 127
- The most recent sale happened at this postcode is , 10 UPPER WOOD CLOSE: £567,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 12 CRESSEY AVENUE: £85,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £63,284 median price is £47,000 Standard Deviation is £45,154 with Total Sold: 239
- The Last 5 Year average price is £131,633 with Total Sold: 14
- The most recent sale happened at this postcode is , 26 TOMPKINS CLOSE: £102,000 (Sold on 16 Aug 2024)
- The first recorded sale happened at this postcode is , 3 GUNDALE COURT: £44,000 (Sold on 20 Jan 1995)
Terraced
- The average price is around £125,328 median price is £113,500 Standard Deviation is £89,542 with Total Sold: 767
- The Last 5 Year average price is £278,269 with Total Sold: 51
- The most recent sale happened at this postcode is , 30 BRAFORD GARDENS: £272,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 4 NEWBRIDGE OVAL: £35,000 (Sold on 07 Feb 1995)
Other
- The average price is around £334,167 median price is £280,000 Standard Deviation is £109,203 with Total Sold: 3
- The most recent sale happened at this postcode is , GARGAE BELOW, 65 CRESSEY AVENUE: £280,000 (Sold on 07 Dec 2018)
- The first recorded sale happened at this postcode is , 15 WELSUMMER GROVE: £486,500 (Sold on 15 Sep 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,500	£3,715	8
2023	£285,846	£4,656	13
2022	£263,571	£4,751	7
2021	£257,298	£4,058	21
2020	£276,400	£3,800	10
2019	£248,867	£3,646	17
2018	£244,571	£3,488	17
2017	£232,321	£3,496	17
2016	£227,139	£3,611	18
2015	£182,833	£3,071	15
2014	£241,820	£3,121	14
2013	£162,000	£2,411	13
2012	£184,222	£2,569	9
2011	£154,286	£2,229	14
2010	£157,482	£2,241	14
2009	£149,537	£2,213	23
2008	£171,425	£2,599	20
2007	£178,634	£2,531	28
2006	£168,010	£2,497	38
2005	£145,371	£2,174	35
2004	£151,125	£2,151	50
2003	£137,301	£2,090	55
2002	£118,427	£1,927	61
2001	£98,877	£1,377	70
2000	£80,436	£1,160	47
1999	£66,650	£1,010	60
1998	£52,884	£863	42
1997	£58,008	£863	27
1996	£53,012	£792	28
1995	£56,402	£838	45

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£557,000	£4,809	9
2023	£592,023	£4,396	22
2022	£582,362	£4,723	29
2021	£501,216	£4,065	38
2020	£526,621	£3,807	29
2019	£475,860	£3,747	25
2018	£473,130	£3,954	25
2017	£433,395	£3,685	36
2016	£434,600	£3,697	30
2015	£450,516	£3,247	60
2014	£374,685	£2,990	36
2013	£310,284	£2,624	37
2012	£313,714	£2,527	42
2011	£288,481	£2,520	26
2010	£320,191	£2,762	30
2009	£266,114	£2,178	36
2008	£286,478	£2,299	47
2007	£304,389	£2,549	62
2006	£251,976	£2,338	64
2005	£249,959	£2,244	67
2004	£253,914	£2,238	90
2003	£240,288	£2,045	121
2002	£205,656	£1,709	125
2001	£181,895	£1,436	146
2000	£168,106	£1,413	150
1999	£144,758	£1,182	95
1998	£121,247	£1,114	136
1997	£116,079	£1,003	157
1996	£103,338	£879	75
1995	£94,271	£893	63

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£102,000		1
2023	£172,284	£2,241	7
2021	£96,650	£2,054	5
2020	£51,625	£1,173	1
2019	£103,427	£2,131	3
2018	£93,886	£1,687	7
2017	£73,679	£1,535	7
2016	£127,333	£2,268	6
2015	£92,248	£2,294	6
2014	£78,928	£1,443	7
2013	£103,010	£1,950	5
2012	£45,000	£812	1
2011	£144,000	£2,357	1
2010	£48,417	£911	3
2009	£71,500	£1,216	4
2008	£60,142	£1,239	7
2007	£75,340	£1,535	11
2006	£59,597	£1,235	17
2005	£83,136	£1,733	11
2004	£63,131	£1,289	16
2003	£70,625	£1,512	12
2002	£41,981	£885	16
2001	£41,182	£823	17
2000	£47,316	£919	23
1999	£30,845	£606	13
1998	£23,141	£487	11
1997	£15,433	£335	6
1996	£11,900	£233	1
1995	£38,454	£783	14

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£322,000		2
2023	£242,500	£4,623	7
2022	£266,679	£4,511	14
2021	£306,856	£4,048	16
2020	£267,250	£3,746	12
2019	£240,214	£3,810	14
2018	£226,923	£4,008	13
2017	£206,487	£3,539	19
2016	£224,589	£3,548	19
2015	£205,458	£3,550	13
2014	£236,806	£2,921	18
2013	£155,250	£2,867	16
2012	£153,650	£2,628	10
2011	£147,732	£2,573	14
2010	£144,250	£2,375	11
2009	£132,667	£2,292	12
2008	£150,962	£2,395	13
2007	£158,592	£2,904	27
2006	£133,902	£2,375	31
2005	£140,120	£2,384	44
2004	£147,137	£2,399	32
2003	£117,288	£2,151	47
2002	£106,052	£1,929	51
2001	£83,473	£1,385	57
2000	£72,686	£1,190	53
1999	£59,459	£1,034	53
1998	£53,312	£962	38
1997	£45,792	£872	34
1996	£50,034	£814	43
1995	£45,427	£809	34

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2018	£258,000	£3,806	2
2017	£486,500	£3,771	1

House Type in MK5 7BQ area

The most common house types in the MK5 7BQ postcode area are Detached (62), Semi-detached (32), and Terraced (23).

Total	117
Detached	62
Semi-detached	32
Terraced	23
Flat	0
Shared house	0
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 outright (44), and Owned: Owns with a mortgage or loan (35).

Owned: Owns outright	44
Owned: Owns with a mortgage or loan	35
Private rented: Private landlord or letting agency	27
Social rented: Other social rented	6
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK5 7BQ have 2 people in household (37), and 1 person in household (27).

2 people in household	37
1 person in household	27
3 people in household	25
4 people in household	22
5 people in household	5
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0