Housing Market Analysis for FARADAY DRIVE, MK5 7HQ

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

Overview of Sold House prices

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

Terraced
- The average price is around £245,300 median price is £240,250 Standard Deviation is £58,023 with Total Sold: 20
- The Last 5 Year average price is £415,000 with Total Sold: 1
- 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 69 FARADAY DRIVE: £145,500 (Sold on 13 Mar 2003)
Semi-Detached
- The average price is around £221,482 median price is £205,750 Standard Deviation is £69,102 with Total Sold: 32
- The Last 5 Year average price is £364,500 with Total Sold: 5
- The most recent sale happened at this postcode is 79 FARADAY DRIVE: £386,000 (Sold on 24 Oct 2023)
- The first recorded sale happened at this postcode is 96 FARADAY DRIVE: £368,500 (Sold on 12 Feb 2024)
Detached
- The average price is around £321,579 median price is £250,000 Standard Deviation is £199,858 with Total Sold: 24
- The Last 5 Year average price is £650,000 with Total Sold: 1
- The most recent sale happened at this postcode is 70 FARADAY DRIVE: £650,000 (Sold on 09 Jan 2019)
- The first recorded sale happened at this postcode is 68 FARADAY DRIVE: £250,000 (Sold on 12 Nov 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 7HQ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£415,000		1
2017	£327,500	£3,545	1
2015	£299,995	£3,093	1
2014	£265,000	£2,115	3
2013	£231,000	£2,381	1
2012	£220,665	£2,153	3
2010	£210,500	£2,410	1
2008	£237,500		1
2007	£251,375	£2,079	4
2005	£237,500		1
2004	£195,000	£2,023	1
2003	£144,750	£1,666	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£386,000	£4,289	2
2020	£347,000	£3,899	1
2019	£335,000	£3,895	1
2014	£265,000	£2,978	1
2013	£232,000	£2,667	1
2011	£235,000	£2,505	1
2008	£185,000	£2,151	1
2006	£218,200	£1,958	5
2005	£185,333	£1,855	3
2004	£140,000	£1,556	1
2003	£184,688	£1,679	13
2002	£159,995	£1,860	1
2024	£368,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£650,000	£3,316	1
2018	£800,000	£3,664	2
2012	£475,000	£1,734	1
2010	£245,000	£2,333	1
2007	£236,000	£2,609	2
2005	£259,000	£1,861	3
2004	£308,998	£1,838	2
2003	£224,075	£1,726	6
2002	£259,112	£1,383	4
2001	£250,000	£1,105	2

All the Sales in the FARADAY DRIVE, MK5 7HQ

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

Address	Sold Date	Price	% Change
86 FARADAY DRIVETerraced, Freehold	26 Feb 2024	£415,000	66.00%
	28 Feb 2014	£250,000	2.88%
	19 Nov 2007	£243,000	-0.82%
	10 May 2007	£245,000	9.38%
	30 May 2006	£224,000	18.21%
	23 Jul 2003	£189,500	First Sale
79 FARADAY DRIVESemi-Detached, FreeholdArea: 90 Sq.mtrAge: 1983-1990	24 Oct 2023	£386,000	0.0
	24 Oct 2023	£386,000	92.04%
	01 Nov 2006	£201,000	43.57%
	22 Dec 2004	£140,000	First Sale
77A FARADAY DRIVESemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1996-2002	17 Dec 2020	£347,000	30.94%
	28 Nov 2014	£265,000	65.63%
	25 Apr 2003	£159,995	First Sale
71 FARADAY DRIVESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 2003-2006	28 Jun 2019	£335,000	81.08%
	19 Dec 2008	£185,000	26.28%
	12 Mar 2003	£146,500	First Sale
70 FARADAY DRIVEDetached, FreeholdArea: 196 Sq.mtrAge: 1996-2002	09 Jan 2019	£650,000	86.78%
	05 Jan 2004	£348,000	39.20%
	22 Mar 2002	£250,000	First Sale
74 FARADAY DRIVEDetached, FreeholdArea: 289 Sq.mtrAge: 1996-2002	07 Dec 2018	£1,100,000	340.00%
	19 Dec 2001	£250,000	First Sale
81 FARADAY DRIVEDetached, FreeholdArea: 142 Sq.mtrAge: 2003-2006	24 Aug 2018	£500,000	85.19%
	07 Oct 2004	£269,995	First Sale
75 FARADAY DRIVETerraced, FreeholdArea: 92.38 Sq.mtrAge: 2003-2006	28 Apr 2017	£327,500	43.64%
	22 Jun 2012	£227,995	42.50%
	12 Mar 2003	£159,995	First Sale
61 FARADAY DRIVETerraced, FreeholdArea: 97 Sq.mtrAge: 1996-2002	28 Aug 2015	£299,995	29.87%
	07 Jun 2013	£231,000	First Sale
90 FARADAY DRIVETerraced, FreeholdArea: 131 Sq.mtrAge: 2003-2006	14 Nov 2014	£275,000	14.58%
	02 Jun 2006	£240,000	2.13%
	23 Mar 2005	£235,000	11.90%
	08 Aug 2003	£210,000	First Sale
98 FARADAY DRIVETerraced, FreeholdArea: 117 Sq.mtrAge: 2003-2006	14 May 2014	£270,000	21.62%
	22 Jun 2005	£222,000	11.28%
	05 Sep 2003	£199,500	-2.68%
	05 Sep 2003	£205,000	First Sale
77 FARADAY DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 2003-2006	26 Apr 2013	£232,000	2.20%
	20 Dec 2007	£227,000	41.92%
	07 May 2003	£159,950	First Sale
63 FARADAY DRIVETerraced, FreeholdArea: 86 Sq.mtrAge: 1996-2002	24 Aug 2012	£204,000	12.71%
	03 Jun 2005	£181,000	13.13%
	28 Nov 2002	£159,995	First Sale
88 FARADAY DRIVETerraced, FreeholdArea: 142 Sq.mtrAge: 2003-2006	18 Jul 2012	£230,000	20.73%
	31 Jul 2003	£190,500	First Sale
66 FARADAY DRIVEDetached, FreeholdArea: 274 Sq.mtrAge: 1996-2002	12 Jan 2012	£475,000	26.67%
	31 Aug 2005	£375,000	2.74%
	14 Jul 2003	£365,000	24.15%
	21 Mar 2002	£294,000	First Sale
84 FARADAY DRIVESemi-Detached, FreeholdArea: 93.83 Sq.mtrAge: 2003-2006	20 Dec 2011	£235,000	13.80%
	04 Jul 2003	£206,500	First Sale
82 FARADAY DRIVEDetached, FreeholdArea: 105 Sq.mtrAge: 2003-2006	23 Dec 2010	£245,000	16.67%
	12 Dec 2003	£210,000	First Sale
69 FARADAY DRIVETerraced, FreeholdArea: 87.35 Sq.mtrAge: 1996-2002	20 Aug 2010	£210,500	44.67%
	13 Mar 2003	£145,500	First Sale
92 FARADAY DRIVETerraced, Freehold	09 Sep 2008	£237,500	0.0
	27 Jan 2005	£237,500	13.10%
	22 Aug 2003	£210,000	First Sale
94 FARADAY DRIVETerraced, FreeholdArea: 137 Sq.mtrAge: 2003-2006	14 Dec 2007	£272,500	32.93%
	22 Aug 2003	£205,000	First Sale
80 FARADAY DRIVETerraced, FreeholdArea: 96.38 Sq.mtrAge: 1996-2002	30 Nov 2007	£245,000	25.64%
	09 Jan 2004	£195,000	First Sale
78 FARADAY DRIVEDetached, Freehold	05 Jan 2007	£245,000	19.51%
78 FARADAY DRIVEDetached, Freehold	05 Dec 2003	£205,000	First Sale
79A FARADAY DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 2003-2006	01 Nov 2006	£201,000	43.57%
	25 Apr 2005	£140,000	First Sale
96 FARADAY DRIVESemi-Detached, FreeholdArea: 141 Sq.mtrAge: 2003-2006	14 Jul 2006	£225,000	15.38%
	05 Sep 2003	£195,000	-47.08%
	12 Feb 2024	£368,500	First Sale
65 FARADAY DRIVEDetached, FreeholdArea: 77.69 Sq.mtrAge: 1996-2002	16 Sep 2005	£180,000	28.62%
	16 Aug 2002	£139,950	First Sale
100 FARADAY DRIVESemi-Detached, Freehold	14 Jul 2003	£210,000	First Sale
73 FARADAY DRIVESemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1996-2002	20 Jun 2003	£170,000	14.90%
	13 Mar 2003	£147,950	First Sale
67 FARADAY DRIVETerraced, Freehold	14 Mar 2003	£144,000	First Sale
72 FARADAY DRIVEDetached, Freehold	21 Mar 2002	£352,500	First Sale
68 FARADAY DRIVEDetached, FreeholdArea: 185.9 Sq.mtrAge: 1996-2002	12 Nov 2001	£250,000	First Sale

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

FARADAY DRIVE, MK5 7HQ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £129,288 median price is £115,498 Standard Deviation is £83,081 with Total Sold: 750
- The Last 5 Year average price is £251,495 with Total Sold: 66
- 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 £260,865 median price is £229,950 Standard Deviation is £165,373 with Total Sold: 1,545
- The Last 5 Year average price is £503,493 with Total Sold: 138
- 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 £139,180 median price is £128,000 Standard Deviation is £91,076 with Total Sold: 481
- The Last 5 Year average price is £280,892 with Total Sold: 42
- 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 £58,593 median price is £41,000 Standard Deviation is £50,238 with Total Sold: 263
- The Last 5 Year average price is £88,635 with Total Sold: 26
- 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)
Other
- The average price is around £1,054,739 median price is £360,000 Standard Deviation is £1,857,680 with Total Sold: 15
- The Last 5 Year average price is £1,175,714 with Total Sold: 7
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£370,750		4
2023	£240,375	£3,522	12
2022	£247,750	£3,888	12
2021	£228,167	£3,358	12
2020	£255,350	£3,302	6
2019	£249,402	£3,404	20
2018	£200,859	£3,184	20
2017	£213,139	£3,197	18
2016	£206,760	£2,966	15
2015	£185,300	£2,618	10
2014	£157,285	£2,370	14
2013	£148,541	£2,141	12
2012	£178,071	£2,375	7
2011	£157,944	£2,123	18
2010	£151,545	£2,134	11
2009	£127,018	£1,973	11
2008	£168,890	£2,356	21
2007	£138,394	£2,002	28
2006	£173,909	£2,203	42
2005	£130,243	£1,800	32
2004	£145,100	£1,890	35
2003	£143,646	£1,784	54
2002	£110,702	£1,498	63
2001	£91,955	£1,261	58
2000	£82,939	£1,158	45
1999	£55,588	£893	38
1998	£52,776	£808	45
1997	£46,597	£726	27
1996	£47,816	£693	31
1995	£49,122	£713	29

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£496,950	£2,713	10
2023	£556,967	£4,914	15
2022	£545,672	£4,329	29
2021	£510,544	£3,779	34
2020	£474,903	£3,792	30
2019	£436,400	£3,253	20
2018	£481,018	£3,743	27
2017	£453,500	£3,736	38
2016	£466,095	£3,475	30
2015	£391,538	£3,172	27
2014	£397,113	£2,845	37
2013	£305,703	£2,364	35
2012	£348,300	£2,415	20
2011	£326,089	£2,496	28
2010	£323,600	£2,418	30
2009	£298,708	£2,097	36
2008	£292,439	£2,331	37
2007	£320,025	£2,366	59
2006	£292,438	£2,346	55
2005	£289,151	£2,078	51
2004	£272,794	£2,061	74
2003	£251,502	£1,780	94
2002	£220,441	£1,550	116
2001	£181,263	£1,314	79
2000	£199,109	£1,316	95
1999	£157,669	£1,174	115
1998	£119,638	£952	101
1997	£113,022	£932	85
1996	£99,712	£806	71
1995	£100,892	£862	67

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£251,000		3
2023	£256,125	£3,766	4
2022	£325,921	£4,224	7
2021	£308,346	£3,190	13
2020	£271,727	£3,010	11
2019	£185,250	£3,010	4
2018	£254,700	£4,573	5
2017	£223,529	£3,488	17
2016	£241,909	£3,726	11
2015	£203,562	£3,094	8
2014	£193,091	£2,423	16
2013	£221,833	£2,086	9
2012	£153,208	£1,975	12
2011	£155,991	£2,259	11
2010	£153,332	£1,995	6
2009	£143,799	£2,224	8
2008	£123,833	£1,669	9
2007	£189,018	£2,476	27
2006	£151,000	£2,163	19
2005	£152,122	£1,971	24
2004	£171,062	£1,823	24
2003	£127,590	£2,039	25
2002	£127,540	£1,749	44
2001	£81,605	£1,419	38
2000	£64,817	£1,136	23
1999	£55,318	£1,013	14
1998	£45,128	£823	19
1997	£43,463	£831	22
1996	£51,076	£835	30
1995	£39,866	£765	18

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£64,667		3
2023	£116,667	£1,933	6
2022	£82,375	£1,654	4
2021	£144,375	£2,276	4
2020	£53,833	£1,220	3
2019	£57,000	£1,187	6
2018	£149,100	£1,746	5
2017	£94,800	£1,920	5
2016	£149,133	£1,927	6
2015	£100,680	£1,538	5
2014	£75,119	£1,585	5
2013	£37,500	£694	1
2012	£69,417	£926	6
2011	£58,500	£1,038	2
2010	£51,700	£881	11
2009	£109,399	£1,346	5
2008	£77,540	£1,149	5
2007	£69,074	£1,389	17
2006	£57,750	£1,118	16
2005	£61,249	£925	6
2004	£56,312	£855	16
2003	£58,807	£962	13
2002	£84,609	£1,182	22
2001	£36,769	£626	16
2000	£24,665	£508	20
1999	£22,375	£412	16
1998	£19,312	£282	8
1997	£14,143	£273	16
1996	£13,875	£286	10
1995	£17,190	£249	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£242,500		2
2021	£608,000	£2,904	2
2020	£214,500	£43	2
2019	£6,100,000		1
2018	£258,000	£3,806	2
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 7HQ area

The most common house types in the MK5 7HQ 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 7HQ 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