Housing Market Analysis for FARADAY DRIVE, MK5 7DD

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

Overview of Sold House prices

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

Detached
- The average price is around £283,275 median price is £272,500 Standard Deviation is £143,956 with Total Sold: 42
- The Last 5 Year average price is £503,667 with Total Sold: 6
- The most recent sale happened at this postcode is 35 FARADAY DRIVE: £477,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 21 FARADAY DRIVE: £109,000 (Sold on 07 Jul 1997)
Semi-Detached
- The average price is around £180,000 median price is £177,500 Standard Deviation is £28,062 with Total Sold: 4
- The Last 5 Year average price is £220,000 with Total Sold: 1
- The most recent sale happened at this postcode is 107 FARADAY DRIVE: £220,000 (Sold on 25 Mar 2019)
- The first recorded sale happened at this postcode is 11 FARADAY DRIVE: £145,000 (Sold on 30 Sep 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7DD 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
2023	£477,000	£4,918	1
2022	£575,000	£3,966	1
2021	£523,333	£3,536	3
2020	£400,000	£5,063	1
2018	£518,112	£3,365	2
2017	£429,250	£3,551	2
2016	£349,500	£3,479	2
2013	£278,750	£2,622	2
2012	£250,000	£2,101	1
2010	£335,000	£2,109	1
2007	£346,250		2
2005	£277,250	£2,880	2
2004	£289,000	£2,078	3
2003	£290,000	£1,726	1
2002	£242,500	£1,523	2
2001	£137,995	£982	1
2000	£155,250	£1,151	2
1999	£188,300	£1,608	3
1998	£125,324	£1,047	9
1997	£109,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£220,000	£3,056	1
2013	£165,000	£2,292	1
2000	£190,000		1
1998	£145,000		1

All the Sales in the FARADAY DRIVE, MK5 7DD

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

Address	Sold Date	Price	% Change
35 FARADAY DRIVEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-2002	25 Aug 2023	£477,000	12.77%
	02 Oct 2017	£423,000	86.34%
	27 Feb 2004	£227,000	112.16%
	22 May 1998	£106,995	First Sale
37 FARADAY DRIVEDetached, FreeholdArea: 145 Sq.mtrAge: 1996-2002	31 May 2022	£575,000	322.79%
	21 Jan 2000	£136,000	7.94%
	30 Apr 1998	£125,995	First Sale
23 FARADAY DRIVEDetached, FreeholdArea: 156 Sq.mtrAge: 1983-1990	20 Oct 2021	£480,000	First Sale
49 FARADAY DRIVEDetached, FreeholdArea: 161 Sq.mtrAge: 1991-1995	20 Oct 2021	£615,000	92.19%
	16 Jan 2004	£320,000	61.66%
	19 May 1999	£197,950	First Sale
17 FARADAY DRIVEDetached, FreeholdArea: 128 Sq.mtrAge: 1983-1990	10 Jun 2021	£475,000	143.59%
	15 Mar 2002	£195,000	11.75%
	31 May 2000	£174,500	First Sale
33 FARADAY DRIVEDetached, FreeholdArea: 79 Sq.mtrAge: 1996-2002	27 Nov 2020	£400,000	11.73%
	23 Jun 2016	£358,000	57.36%
	22 Dec 2005	£227,500	136.99%
	27 Mar 1998	£95,995	First Sale
107 FARADAY DRIVESemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1996-2002	25 Mar 2019	£220,000	33.33%
	04 Oct 2013	£165,000	First Sale
47 FARADAY DRIVEDetached, FreeholdArea: 168 Sq.mtrAge: 1996-2002	06 Dec 2018	£553,725	73.04%
	21 Jun 2004	£320,000	10.34%
	27 Feb 2003	£290,000	55.08%
	19 Apr 1999	£187,000	First Sale
15 FARADAY DRIVEDetached, FreeholdArea: 140.5 Sq.mtrAge: 1983-1990	23 May 2018	£482,500	41.50%
	27 Apr 2016	£341,000	147.11%
	18 Apr 2001	£137,995	First Sale
41 FARADAY DRIVEDetached, FreeholdArea: 158.86 Sq.mtrAge: 1991-1995	06 Jan 2017	£435,500	30.00%
	05 Nov 2010	£335,000	81.08%
	18 Dec 1998	£185,000	First Sale
31 FARADAY DRIVEDetached, FreeholdArea: 105.53 Sq.mtrAge: 1996-2002	10 Dec 2013	£257,500	165.48%
	03 Jul 1998	£96,995	First Sale
29 FARADAY DRIVEDetached, FreeholdArea: 107 Sq.mtrAge: 1991-1995	18 Oct 2013	£300,000	177.79%
	10 Jul 1998	£107,995	First Sale
9 FARADAY DRIVEDetached, FreeholdArea: 119 Sq.mtrAge: 1991-1995	17 Aug 2012	£250,000	First Sale
19 FARADAY DRIVEDetached, Freehold	19 Dec 2007	£287,500	First Sale
51 FARADAY DRIVEDetached, Freehold	22 Mar 2007	£405,000	39.66%
51 FARADAY DRIVEDetached, Freehold	28 Mar 2002	£290,000	First Sale
43 FARADAY DRIVEDetached, Freehold	23 Aug 2005	£327,000	81.72%
43 FARADAY DRIVEDetached, Freehold	03 Dec 1998	£179,950	First Sale
11 FARADAY DRIVESemi-Detached, Freehold	14 Apr 2000	£190,000	31.03%
11 FARADAY DRIVESemi-Detached, Freehold	30 Sep 1998	£145,000	First Sale
45 FARADAY DRIVEDetached, FreeholdArea: 72.48 Sq.mtrAge: 1996-2002	19 Mar 1999	£179,950	First Sale
27 FARADAY DRIVEDetached, Freehold	30 Sep 1998	£112,995	First Sale
39 FARADAY DRIVEDetached, Freehold	20 Mar 1998	£115,995	First Sale
21 FARADAY DRIVEDetached, Freehold	07 Jul 1997	£109,000	First Sale

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

FARADAY DRIVE, MK5 7DD Near By properties

Interactive Map

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

Detached
- The average price is around £265,062 median price is £232,750 Standard Deviation is £168,215 with Total Sold: 1,444
- The Last 5 Year average price is £504,470 with Total Sold: 130
- The most recent sale happened at this postcode is , 1 OSIER LANE: £740,000 (Sold on 29 Aug 2024)
- The first recorded sale happened at this postcode is , 37 SELBY GROVE: £81,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £62,951 median price is £43,000 Standard Deviation is £51,857 with Total Sold: 250
- The Last 5 Year average price is £93,091 with Total Sold: 22
- The most recent sale happened at this postcode is , 34 MAYER GARDENS: £46,500 (Sold on 17 Jun 2024)
- The first recorded sale happened at this postcode is , 70 MAYER GARDENS: £12,950 (Sold on 31 Mar 1995)
Terraced
- The average price is around £144,796 median price is £132,750 Standard Deviation is £92,637 with Total Sold: 428
- The Last 5 Year average price is £308,818 with Total Sold: 36
- 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 , 39 SELBY GROVE: £51,000 (Sold on 09 Jan 1995)
Semi-Detached
- The average price is around £133,687 median price is £124,725 Standard Deviation is £84,519 with Total Sold: 636
- The Last 5 Year average price is £264,599 with Total Sold: 62
- The most recent sale happened at this postcode is , 60 CLEGG SQUARE: £418,000 (Sold on 21 Mar 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 £1,097,739 median price is £405,000 Standard Deviation is £1,846,682 with Total Sold: 15
- The Last 5 Year average price is £1,144,375 with Total Sold: 8
- The most recent sale happened at this postcode is , 9 SHIRWELL CRESCENT: £260,000 (Sold on 22 Mar 2023)
- The first recorded sale happened at this postcode is , 13 SHIRWELL CRESCENT: £360,000 (Sold on 14 Apr 2014)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£483,278	£2,713	9
2023	£566,429	£4,890	14
2022	£556,120	£4,308	25
2021	£511,015	£3,783	33
2020	£476,107	£3,814	29
2019	£436,400	£3,253	20
2018	£487,844	£3,728	29
2017	£453,069	£3,724	36
2016	£471,530	£3,501	28
2015	£399,460	£3,125	24
2014	£402,093	£2,874	34
2013	£304,960	£2,429	35
2012	£371,750	£2,316	16
2011	£328,241	£2,488	27
2010	£323,600	£2,418	30
2009	£299,368	£2,098	34
2008	£292,053	£2,302	33
2007	£331,136	£2,355	55
2006	£296,271	£2,320	52
2005	£295,888	£2,083	47
2004	£276,646	£2,053	70
2003	£253,530	£1,765	91
2002	£219,875	£1,517	113
2001	£187,249	£1,281	69
2000	£199,551	£1,312	95
1999	£158,080	£1,177	105
1998	£120,255	£948	97
1997	£112,189	£922	85
1996	£99,170	£807	62
1995	£98,045	£827	47

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£64,667		3
2023	£120,500	£2,015	5
2022	£91,333	£1,731	3
2021	£144,375	£2,276	4
2020	£55,250	£1,176	2
2019	£57,900	£1,155	5
2018	£166,500	£1,998	4
2017	£86,117	£1,824	6
2016	£149,133	£1,927	6
2015	£100,680	£1,538	5
2014	£82,766	£1,779	6
2013	£37,500	£694	1
2012	£69,417	£926	6
2011	£58,500	£1,038	2
2010	£58,195	£936	10
2009	£113,999	£1,405	5
2008	£85,283	£1,450	6
2007	£79,461	£1,839	16
2006	£64,500	£1,450	15
2005	£72,700	£1,351	10
2004	£54,906	£914	16
2003	£62,384	£1,223	13
2002	£80,253	£1,153	23
2001	£38,954	£663	13
2000	£25,579	£527	17
1999	£22,964	£428	14
1998	£22,500	£466	11
1997	£14,977	£284	9
1996	£13,969	£286	8
1995	£19,950	£360	6

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£343,500		2
2023	£322,500	£4,529	3
2022	£332,350	£4,205	7
2021	£333,545	£3,146	11
2020	£279,455	£3,046	11
2019	£196,750	£2,545	2
2018	£259,000	£4,480	4
2017	£236,733	£3,538	15
2016	£245,000	£3,530	9
2015	£203,562	£3,094	8
2014	£205,318	£2,472	14
2013	£221,833	£2,086	9
2012	£178,388	£2,134	9
2011	£163,433	£2,291	9
2010	£178,624	£1,988	4
2009	£142,342	£2,129	7
2008	£132,125	£1,669	8
2007	£192,673	£2,439	23
2006	£152,631	£2,173	19
2005	£150,837	£2,002	25
2004	£175,918	£1,819	22
2003	£130,054	£1,993	23
2002	£132,571	£1,743	39
2001	£85,196	£1,418	33
2000	£68,934	£1,162	20
1999	£54,867	£943	9
1998	£46,278	£803	16
1997	£44,040	£861	17
1996	£51,076	£835	30
1995	£44,005	£786	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£396,000		3
2023	£267,227	£4,052	11
2022	£256,850	£3,903	10
2021	£250,083	£3,622	12
2020	£293,871	£3,578	7
2019	£244,792	£3,290	19
2018	£188,416	£2,941	15
2017	£206,833	£3,152	15
2016	£198,571	£2,595	7
2015	£177,874	£2,364	8
2014	£173,409	£2,376	11
2013	£159,888	£2,174	9
2012	£168,417	£2,362	6
2011	£171,250	£2,197	14
2010	£152,999	£2,230	8
2009	£134,194	£1,933	9
2008	£168,213	£2,181	15
2007	£148,883	£2,102	22
2006	£179,575	£2,210	36
2005	£138,992	£1,894	26
2004	£157,885	£1,986	35
2003	£146,231	£1,749	47
2002	£116,736	£1,504	56
2001	£99,179	£1,260	45
2000	£87,237	£1,168	37
1999	£56,411	£905	29
1998	£55,064	£757	35
1997	£51,394	£711	27
1996	£52,585	£691	33
1995	£51,781	£737	29

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£242,500		2
2021	£713,667	£11,734	3
2020	£214,500	£43	2
2019	£6,100,000		1
2018	£236,000	£3,806	1
2017	£272,000	£3,676	1
2016	£448,078		1
2015	£1,998,333	£1,869	3
2014	£360,000		1

House Type in MK5 7DD area

The most common house types in the MK5 7DD postcode area are Flat (75), Terraced (66), and Semi-detached (38).

Total	214
Flat	75
Terraced	66
Semi-detached	38
Detached	34
commercial building	1
Shared house	0
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (69), and Owned: Owns with a mortgage or loan (47).

Social rented: Other social rented	69
Owned: Owns with a mortgage or loan	47
Owned: Owns outright	32
Private rented: Private landlord or letting agency	31
Shared ownership: Shared ownership	30
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK5 7DD have 1 person in household (64), and 2 people in household (57).

1 person in household	64
2 people in household	57
3 people in household	43
4 people in household	34
5 people in household	11
6 people in household	5
8 or more people in household	1
0 people in household	0
7 people in household	0