Housing Market Analysis for FARADAY DRIVE, MK5 7DE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £4,000 median price is £4,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £4,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 FARADAY DRIVE: £4,000 (Sold on 10 Nov 2020)
    • The first recorded sale happened at this postcode is 7 FARADAY DRIVE: £4,000 (Sold on 10 Nov 2020)
  • Detached
    • The average price is around £400,000 median price is £400,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 7 FARADAY DRIVE: £400,000 (Sold on 06 Oct 2017)
    • The first recorded sale happened at this postcode is 7 FARADAY DRIVE: £400,000 (Sold on 06 Oct 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7DE 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
2020£4,000 £43 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£400,000 £4,254 1

All the Sales in the FARADAY DRIVE, MK5 7DE

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

AddressSold DatePrice% Change
7 FARADAY DRIVEOther, FreeholdArea: 94.04 Sq.mtrAge: 1983-199010 Nov 2020£4,000-99.00%
06 Oct 2017£400,000First Sale

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

FARADAY DRIVE, MK5 7DE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £247,972 median price is £211,000 Standard Deviation is £169,549 with Total Sold: 589
    • The Last 5 Year average price is £458,426 with Total Sold: 68
    • The most recent sale happened at this postcode is , 46 SILICON COURT: £268,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 9 RUNFORD COURT: £23,250 (Sold on 27 Feb 1995)
  • Flat
    • The average price is around £46,527 median price is £36,750 Standard Deviation is £34,463 with Total Sold: 244
    • The Last 5 Year average price is £76,130 with Total Sold: 23
    • 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 , 13 PHILLIP COURT: £9,900 (Sold on 31 Mar 1995)
  • Terraced
    • The average price is around £129,880 median price is £114,995 Standard Deviation is £91,415 with Total Sold: 235
    • The Last 5 Year average price is £267,444 with Total Sold: 18
    • The most recent sale happened at this postcode is , 86 FARADAY DRIVE: £415,000 (Sold on 26 Feb 2024)
    • The first recorded sale happened at this postcode is , 21 PHILLIP COURT: £13,500 (Sold on 31 Jan 1995)
  • Semi-Detached
    • The average price is around £129,043 median price is £118,500 Standard Deviation is £85,009 with Total Sold: 470
    • The Last 5 Year average price is £251,217 with Total Sold: 48
    • The most recent sale happened at this postcode is , 96 FARADAY DRIVE: £368,500 (Sold on 12 Feb 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 £2,326,499 median price is £578,400 Standard Deviation is £3,674,390 with Total Sold: 25
    • The Last 5 Year average price is £1,501,338 with Total Sold: 13
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£407,900 £2,713 5
2023£543,143 £4,895 7
2022£466,107 £4,222 14
2021£528,654 £3,521 13
2020£423,389 £3,903 18
2019£392,045 £3,015 11
2018£447,287 £3,652 13
2017£448,775 £3,663 20
2016£357,564 £3,539 13
2015£314,325 £2,664 14
2014£363,900 £2,720 10
2013£275,881 £2,437 16
2012£310,833 £2,083 9
2011£289,591 £2,491 11
2010£285,962 £2,370 13
2009£295,179 £2,077 14
2008£283,246 £2,623 12
2007£275,977 £2,347 22
2006£260,657 £2,390 23
2005£250,975 £1,922 20
2004£234,944 £2,051 27
2003£236,478 £1,671 33
2002£189,605 £1,404 49
2001£169,704 £1,198 40
2000£163,435 £1,262 37
1999£115,704 £1,175 20
1998£101,491 £932 49
1997£94,898 £834 28
1996£92,221 £640 12
1995£84,268 £685 16
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£64,6673
2023£90,500 £1,804 5
2022£91,333 £1,731 3
2021£97,625 £1,935 4
2020£50,167 £1,200 3
2019£57,900 £1,155 5
2018£143,667 £1,998 3
2017£86,117 £1,824 6
2016£63,600 £1,435 3
2015£42,475 £990 4
2014£82,766 £1,779 6
2013£35,250 £863 2
2012£47,500 £882 6
2011£52,333 £910 3
2010£53,049 £928 9
2009£91,667 £1,107 3
2008£63,867 £1,379 6
2007£67,116 £1,742 14
2006£53,938 £1,290 16
2005£70,545 £1,315 11
2004£41,308 £909 13
2003£44,321 £1,090 14
2002£26,863 £618 13
2001£34,171 £622 17
2000£25,991 £540 18
1999£22,964 £428 14
1998£21,615 £443 13
1997£13,947 £271 11
1996£14,306 £298 9
1995£18,514 £339 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£415,0001
2023£81,000 £1,225 1
2022£270,900 £3,664 5
2021£337,875 £3,007 4
2020£243,700 £3,099 5
2019£196,750 £2,545 2
2018£310,000 £3,974 1
2017£229,083 £3,312 6
2016£233,167 £3,471 6
2015£195,582 £2,977 6
2014£205,086 £2,293 11
2013£216,167 £2,191 3
2012£172,437 £2,193 8
2011£133,225 £2,156 4
2010£133,374 £1,668 4
2009£102,699 £1,700 5
2008£132,125 £1,669 8
2007£189,441 £2,342 17
2006£118,917 £1,886 12
2005£139,199 £1,791 10
2004£120,977 £1,734 11
2003£110,550 £1,816 10
2002£104,442 £1,486 20
2001£80,157 £1,300 19
2000£59,860 £1,040 13
1999£42,908 £627 6
1998£35,145 £613 10
1997£41,895 £824 12
1996£41,999 £705 6
1995£33,411 £563 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,5001
2023£267,227 £4,052 11
2022£275,833 £4,110 9
2021£222,889 £3,166 9
2020£249,275 £3,181 4
2019£233,200 £3,392 14
2018£197,437 £3,072 12
2017£230,100 £3,218 15
2016£167,000 £2,036 5
2015£188,832 £2,491 6
2014£142,286 £2,173 7
2013£144,714 £2,049 7
2012£159,375 £2,138 4
2011£168,350 £2,240 10
2010£148,222 £2,238 9
2009£112,450 £2,114 5
2008£153,020 £2,143 10
2007£157,155 £2,335 16
2006£170,938 £2,119 25
2005£135,393 £1,860 16
2004£138,522 £2,047 22
2003£143,321 £1,708 37
2002£112,185 £1,466 43
2001£95,071 £1,209 33
2000£86,670 £1,182 31
1999£54,016 £891 26
1998£51,629 £704 30
1997£39,520 £639 20
1996£40,562 £621 16
1995£41,247 £588 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£242,5002
2022£766,2002
2021£1,920,250 £2,904 4
2020£929,750 £43 4
2019£6,100,0001
2018£4,302,5004
2017£273,500 £3,676 2
2016£974,0392
2015£2,915,0002
2014£6,555,0002

House Type in MK5 7DE area

The most common house types in the MK5 7DE postcode area are Detached (53), Terraced (36), and Flat (36).

Total136
Detached53
Terraced36
Flat36
Semi-detached7
commercial building3
Shared house1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (47), and Social rented: Rents from council or Local Authority (26).

Social rented: Other social rented47
Social rented: Rents from council or Local Authority26
Owned: Owns with a mortgage or loan21
Owned: Owns outright18
Shared ownership: Shared ownership17
Private rented: Private landlord or letting agency5
Private rented: Other private rented3
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the MK5 7DE have 1 person in household (57), and 2 people in household (28).

1 person in household57
2 people in household28
4 people in household25
3 people in household18
5 people in household6
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0