Housing Market Analysis for REDWOOD GATE, MK5 7GU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £164,402 median price is £160,000 Standard Deviation is £34,876 with Total Sold: 23
    • The Last 5 Year average price is £234,000 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 6, LANGMUIR COURT REDWOOD GATE: £218,000 (Sold on 10 Feb 2023)
    • The first recorded sale happened at this postcode is FLAT 6, LANGMUIR COURT REDWOOD GATE: £112,500 (Sold on 06 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7GU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£218,000 £3,114 1
2021£250,000 £2,651 1
2018£235,0001
2015£205,000 £2,412 1
2012£172,0001
2009£147,498 £2,000 2
2008£167,000 £1,590 1
2007£176,875 £2,178 2
2006£178,0001
2004£169,0001
2003£147,998 £2,113 2
2002£138,056 £1,630 9

All the Sales in the REDWOOD GATE, MK5 7GU

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

AddressSold DatePrice% Change
FLAT 6, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 70 Sq.mtrAge: 1996-200210 Feb 2023£218,00093.78%
06 Dec 2002£112,500First Sale
FLAT 9, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 94.3 Sq.mtrAge: 1996-200228 Jun 2021£250,00038.89%
16 Feb 2007£180,00018.42%
12 Dec 2002£152,000First Sale
5 LANGMUIR COURTFlat, Leasehold28 Sep 2018£235,00036.63%
12 Jul 2012£172,000-3.37%
21 Jun 2006£178,0005.33%
19 May 2004£169,00013.42%
13 Dec 2002£149,000First Sale
FLAT 7, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 85 Sq.mtrAge: 2003-200622 Jan 2015£205,00020.59%
31 Jul 2009£169,99514.09%
13 Dec 2002£149,000First Sale
FLAT 8, LANGMUIR COURT REDWOOD GATEFlat, Leasehold13 Jan 2009£125,000-14.38%
27 Jun 2003£146,00012.31%
06 Dec 2002£130,000First Sale
FLAT 3, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 105 Sq.mtrAge: 1996-200215 Aug 2008£167,00015.17%
06 Dec 2002£145,000First Sale
FLAT 4, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 71 Sq.mtrAge: 1996-200226 Jan 2007£173,75015.84%
09 May 2003£149,99522.44%
06 Dec 2002£122,500First Sale
FLAT 1, LANGMUIR COURT REDWOOD GATEFlat, Leasehold06 Dec 2002£160,000First Sale
FLAT 2, LANGMUIR COURT REDWOOD GATEFlat, LeaseholdArea: 72 Sq.mtrAge: 1996-200206 Dec 2002£122,500First Sale

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

REDWOOD GATE, MK5 7GU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £136,026 median price is £127,250 Standard Deviation is £82,540 with Total Sold: 690
    • The Last 5 Year average price is £253,690 with Total Sold: 65
    • 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 , 1 CHALWELL RIDGE: £59,000 (Sold on 14 Feb 1995)
  • Detached
    • The average price is around £261,188 median price is £228,000 Standard Deviation is £164,046 with Total Sold: 1,620
    • The Last 5 Year average price is £506,087 with Total Sold: 143
    • 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 , 12 CRESSEY AVENUE: £85,000 (Sold on 03 Feb 1995)
  • Terraced
    • The average price is around £143,068 median price is £133,475 Standard Deviation is £91,156 with Total Sold: 544
    • The Last 5 Year average price is £289,819 with Total Sold: 50
    • 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 , 9 CHALWELL RIDGE: £44,000 (Sold on 23 Feb 1995)
  • Flat
    • The average price is around £60,613 median price is £42,000 Standard Deviation is £52,499 with Total Sold: 251
    • The Last 5 Year average price is £93,568 with Total Sold: 22
    • 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 , 46 WISTMANS: £39,950 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £1,129,791 median price is £382,500 Standard Deviation is £1,900,784 with Total Sold: 14
    • The Last 5 Year average price is £1,371,000 with Total Sold: 6
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£337,3005
2023£248,136 £3,608 11
2022£225,250 £3,891 12
2021£240,850 £3,629 10
2020£259,388 £3,617 8
2019£257,224 £3,549 19
2018£216,717 £3,317 17
2017£207,156 £3,042 9
2016£233,275 £3,259 16
2015£189,600 £2,985 10
2014£157,691 £2,496 13
2013£153,450 £2,264 10
2012£188,500 £2,622 8
2011£164,625 £2,146 16
2010£152,818 £2,283 11
2009£136,861 £2,131 13
2008£169,375 £2,528 20
2007£140,398 £2,163 34
2006£178,147 £2,248 32
2005£136,078 £1,903 36
2004£153,468 £1,941 32
2003£147,903 £1,929 57
2002£120,744 £1,720 59
2001£92,589 £1,317 55
2000£85,667 £1,174 39
1999£62,795 £930 36
1998£52,652 £800 37
1997£44,371 £736 21
1996£48,674 £735 25
1995£51,976 £780 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£483,136 £2,713 11
2023£554,344 £4,849 16
2022£570,875 £4,666 28
2021£510,095 £3,779 37
2020£473,638 £3,839 29
2019£436,045 £3,321 22
2018£506,384 £3,835 26
2017£464,859 £3,794 43
2016£472,586 £3,645 29
2015£403,655 £3,416 34
2014£394,979 £2,865 40
2013£325,261 £2,398 31
2012£347,261 £2,546 23
2011£317,389 £2,538 27
2010£321,416 £2,499 30
2009£284,438 £2,138 40
2008£300,263 £2,339 34
2007£322,067 £2,428 59
2006£282,691 £2,333 66
2005£278,555 £2,170 58
2004£281,210 £2,090 75
2003£245,771 £1,873 104
2002£219,225 £1,554 121
2001£183,076 £1,377 84
2000£191,281 £1,317 118
1999£153,267 £1,133 114
1998£117,270 £978 87
1997£104,190 £950 61
1996£102,810 £844 77
1995£100,131 £887 96
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£251,0003
2023£241,583 £3,980 6
2022£325,645 £4,355 10
2021£308,615 £3,308 13
2020£290,364 £3,152 11
2019£260,857 £3,063 7
2018£251,417 £4,688 6
2017£213,933 £3,418 15
2016£248,091 £3,804 11
2015£214,639 £3,305 14
2014£185,715 £2,480 16
2013£213,923 £2,375 13
2012£155,708 £2,002 12
2011£165,960 £2,384 15
2010£167,000 £2,174 7
2009£158,271 £2,464 7
2008£142,727 £2,418 11
2007£185,338 £2,354 31
2006£154,568 £2,282 22
2005£152,103 £2,090 28
2004£172,769 £1,882 26
2003£130,764 £2,204 29
2002£128,545 £1,772 48
2001£81,162 £1,398 43
2000£72,444 £1,176 27
1999£63,771 £1,020 19
1998£49,602 £911 22
1997£42,537 £851 25
1996£52,326 £845 30
1995£40,476 £794 17
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£70,167 £1,592 6
2018£149,100 £1,746 5
2017£91,000 £1,760 4
2016£152,975 £2,067 8
2015£100,680 £1,538 5
2014£68,899 £1,144 4
2013£40,275 £630 2
2012£99,500 £1,694 3
2011£47,000 £964 1
2010£49,727 £889 11
2009£109,399 £1,346 5
2008£81,425 £1,100 4
2007£73,283 £1,395 15
2006£55,588 £1,056 17
2005£77,799 £1,495 5
2004£58,444 £988 18
2003£71,875 £1,430 12
2002£90,020 £1,261 20
2001£35,044 £575 18
2000£26,006 £572 18
1999£20,200 £369 14
1998£22,160 £365 10
1997£13,481 £273 16
1996£13,028 £278 9
1995£22,580 £439 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£242,5002
2021£608,000 £2,904 2
2020£425,0001
2019£6,100,0001
2018£258,000 £3,806 2
2017£272,000 £3,676 1
2016£448,0781
2015£1,998,333 £1,869 3
2014£360,0001

House Type in MK5 7GU area

The most common house types in the MK5 7GU postcode area are Detached (87), Terraced (11), and Flat (10).

Total120
Detached87
Terraced11
Flat10
Semi-detached9
Shared house3
converted building0
commercial 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 (57), and Private rented: Private landlord or letting agency (32).

Owned: Owns with a mortgage or loan57
Private rented: Private landlord or letting agency32
Owned: Owns outright23
Shared ownership: Shared ownership6
Social rented: Other social rented4
Private rented: Other private rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the MK5 7GU have 2 people in household (38), and 3 people in household (30).

2 people in household38
3 people in household30
4 people in household23
1 person in household13
5 people in household11
6 people in household5
8 or more people in household1
0 people in household0
7 people in household0