Housing Market Analysis for FARADAY DRIVE, MK5 7ER

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £442,500 median price is £442,500 Standard Deviation is £347,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 130 FARADAY DRIVE: £790,000 (Sold on 30 Jul 2014)
    • The first recorded sale happened at this postcode is 128 FARADAY DRIVE: £95,000 (Sold on 29 Sep 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7ER 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£790,000 £1,519 1
2000£95,000 £332 1

All the Sales in the FARADAY DRIVE, MK5 7ER

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

AddressSold DatePrice% Change
130 FARADAY DRIVEDetached, FreeholdArea: 520 Sq.mtr30 Jul 2014£790,000First Sale
128 FARADAY DRIVEDetached, FreeholdArea: 286 Sq.mtrAge: 1996-200229 Sep 2000£95,000First Sale

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

FARADAY DRIVE, MK5 7ER Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £136,802 median price is £125,000 Standard Deviation is £86,975 with Total Sold: 656
    • The Last 5 Year average price is £268,271 with Total Sold: 41
    • The most recent sale happened at this postcode is , 11 BERESFORD CLOSE: £295,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 65 NORTHCROFT: £39,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £247,610 median price is £222,500 Standard Deviation is £152,530 with Total Sold: 1,654
    • The Last 5 Year average price is £502,785 with Total Sold: 124
    • 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)
  • Terraced
    • The average price is around £140,631 median price is £129,995 Standard Deviation is £91,623 with Total Sold: 481
    • The Last 5 Year average price is £286,228 with Total Sold: 37
    • The most recent sale happened at this postcode is , 28 PORLOCK LANE: £66,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 39 SELBY GROVE: £51,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £59,410 median price is £41,000 Standard Deviation is £52,533 with Total Sold: 232
    • The Last 5 Year average price is £102,344 with Total Sold: 16
    • 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 , 70 MAYER GARDENS: £12,950 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £238,250 median price is £254,000 Standard Deviation is £45,422 with Total Sold: 4
    • 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 , 47 WINSTANLEY LANE: £165,000 (Sold on 30 Jul 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£366,6005
2023£245,150 £3,380 10
2022£264,000 £3,623 9
2021£243,150 £3,627 10
2020£272,443 £3,412 7
2019£260,625 £3,464 16
2018£206,085 £3,169 14
2017£227,036 £3,127 11
2016£227,800 £3,245 13
2015£172,625 £2,806 8
2014£153,272 £2,281 11
2013£162,650 £2,239 10
2012£198,500 £2,473 7
2011£161,500 £2,041 14
2010£150,687 £2,010 8
2009£147,325 £2,109 16
2008£178,310 £2,404 21
2007£142,805 £2,005 28
2006£182,061 £2,190 36
2005£136,630 £1,830 33
2004£166,185 £1,867 35
2003£148,243 £1,754 49
2002£118,640 £1,616 50
2001£96,180 £1,304 55
2000£91,194 £1,113 35
1999£56,801 £879 28
1998£56,165 £797 38
1997£55,886 £737 24
1996£54,817 £728 29
1995£52,560 £754 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£526,885 £4,111 13
2023£580,548 £4,804 21
2022£524,146 £4,496 24
2021£477,520 £3,810 36
2020£451,136 £3,735 30
2019£474,056 £3,510 18
2018£485,326 £3,749 26
2017£456,946 £3,763 37
2016£448,379 £3,637 29
2015£384,617 £3,186 25
2014£389,031 £2,866 38
2013£306,331 £2,290 35
2012£327,864 £2,517 22
2011£303,120 £2,438 25
2010£322,187 £2,377 24
2009£273,915 £2,183 40
2008£296,750 £2,262 39
2007£309,341 £2,395 60
2006£267,739 £2,311 54
2005£270,753 £2,196 56
2004£277,448 £2,036 82
2003£245,934 £1,817 97
2002£220,039 £1,573 116
2001£181,300 £1,429 79
2000£179,229 £1,337 107
1999£149,927 £1,124 105
1998£122,124 £984 128
1997£114,174 £953 131
1996£103,137 £867 88
1995£97,789 £863 69
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,0003
2023£222,900 £3,351 5
2022£333,306 £4,313 8
2021£288,590 £3,069 11
2020£288,200 £3,302 10
2019£261,833 £3,225 6
2018£254,700 £4,573 5
2017£219,000 £3,433 15
2016£244,600 £3,762 10
2015£220,744 £3,184 10
2014£187,211 £2,351 14
2013£225,722 £2,138 9
2012£152,791 £2,029 12
2011£156,742 £2,259 12
2010£160,125 £2,082 6
2009£155,982 £2,421 6
2008£143,278 £2,086 9
2007£184,865 £2,320 26
2006£150,105 £2,240 19
2005£153,877 £2,066 25
2004£171,062 £1,823 24
2003£131,952 £2,179 26
2002£128,384 £1,790 46
2001£81,083 £1,392 42
2000£70,614 £1,145 24
1999£54,304 £1,011 13
1998£46,088 £892 17
1997£42,758 £859 22
1996£52,260 £845 28
1995£43,116 £807 18
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£77,0003
2023£115,000 £1,946 5
2022£56,250 £1,318 2
2021£153,125 £2,409 4
2020£53,250 £1,244 2
2019£57,200 £1,181 5
2018£149,100 £1,746 5
2017£91,000 £1,760 4
2016£146,967 £1,872 6
2015£100,680 £1,538 5
2014£68,899 £1,144 4
2013£40,275 £630 2
2012£101,750 £675 2
2011£47,000 £964 1
2010£49,727 £889 11
2009£109,399 £1,346 5
2008£81,425 £1,100 4
2007£77,089 £1,395 14
2006£55,588 £1,056 17
2005£66,249 £949 4
2004£55,588 £852 17
2003£65,611 £1,036 9
2002£90,020 £1,261 20
2001£35,044 £575 18
2000£20,840 £428 15
1999£20,200 £369 14
1998£17,135 £289 7
1997£13,481 £273 16
1996£12,781 £278 8
1995£16,483 £213 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£258,000 £3,806 2
2017£272,000 £3,676 1
2015£165,000 £1,869 1

House Type in MK5 7ER area

The most common house types in the MK5 7ER postcode area are Detached (163), Terraced (10), and Semi-detached (9).

Total184
Detached163
Terraced10
Semi-detached9
Flat1
commercial building1
Shared house0
converted 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 (110), and Owned: Owns outright (54).

Owned: Owns with a mortgage or loan110
Owned: Owns outright54
Private rented: Private landlord or letting agency20
Shared ownership: Shared ownership1
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK5 7ER have 4 people in household (65), and 2 people in household (60).

4 people in household65
2 people in household60
3 people in household32
1 person in household11
5 people in household10
6 people in household5
7 people in household2
0 people in household0
8 or more people in household0