Housing Market Analysis for MK5 8AX

Are you looking to understand MK5 8AX 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 8AX area, explore the MK5 8AX Area information page.
For comprehensive crime statistics in the MK5 8AX area, explore the MK5 8AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK5 8AX postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK5 8AX 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.

    All the Sales in the MK5 8AX

    See the table below for more details on the sold house prices in the MK5 8AX, Milton Keynes postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the MK5 8AX postcode. Properties currently for saleProperties currently for rent

    MK5 8AX Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the MK5 8AX 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 8AX postcode.

    • Detached
      • The average price is around £394,115 median price is £323,998 Standard Deviation is £247,404 with Total Sold: 680
      • The Last 5 Year average price is £811,126 with Total Sold: 70
      • The most recent sale happened at this postcode is , 1 WHITWORTH LANE: £185,000 (Sold on 19 Apr 2024)
      • The first recorded sale happened at this postcode is , 5 SCHOOL LANE: £90,000 (Sold on 16 Mar 1995)
    • Semi-Detached
      • The average price is around £197,140 median price is £166,000 Standard Deviation is £135,185 with Total Sold: 159
      • The Last 5 Year average price is £415,368 with Total Sold: 19
      • The most recent sale happened at this postcode is , 64 BRADWELL ROAD: £480,000 (Sold on 20 Mar 2024)
      • The first recorded sale happened at this postcode is , 35 WALLMEAD GARDENS: £66,500 (Sold on 21 Mar 1995)
    • Terraced
      • The average price is around £172,642 median price is £171,000 Standard Deviation is £95,935 with Total Sold: 91
      • The Last 5 Year average price is £308,833 with Total Sold: 12
      • The most recent sale happened at this postcode is , 26 WALLMEAD GARDENS: £365,000 (Sold on 01 Feb 2024)
      • The first recorded sale happened at this postcode is , 34 WALLMEAD GARDENS: £57,000 (Sold on 18 Apr 1995)
    • Other
      • The average price is around £5,395,368 median price is £4,125,000 Standard Deviation is £4,522,502 with Total Sold: 11
      • The Last 5 Year average price is £4,692,360 with Total Sold: 5
      • The most recent sale happened at this postcode is UNIT 3A, 500 ELDER GATE: £600,000 (Sold on 20 Nov 2023)
      • The first recorded sale happened at this postcode is , PLANET ICE SOUTH ROW: £1,200,000 (Sold on 05 Jan 2016)
    • Flat
      • The average price is around £77,057 median price is £48,250 Standard Deviation is £82,029 with Total Sold: 36
      • The Last 5 Year average price is £128,633 with Total Sold: 6
      • The most recent sale happened at this postcode is , 11 HOMEWARD COURT: £82,000 (Sold on 21 Feb 2023)
      • The first recorded sale happened at this postcode is , 6 HOMEWARD COURT: £34,000 (Sold on 08 Dec 1997)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£660,357 £2,590 7
    2023£822,167 £4,989 11
    2022£986,500 £4,964 12
    2021£811,842 £4,354 19
    2020£693,617 £3,835 12
    2019£836,233 £3,838 9
    2018£686,863 £3,908 11
    2017£678,647 £3,925 17
    2016£688,409 £3,900 11
    2015£613,637 £3,913 15
    2014£495,667 £3,298 18
    2013£515,633 £2,543 15
    2012£461,109 £3,031 17
    2011£408,107 £2,671 14
    2010£473,240 £2,964 25
    2009£486,897 £2,446 17
    2008£347,459 £2,173 11
    2007£443,171 £2,787 26
    2006£374,546 £2,412 30
    2005£396,889 £2,384 18
    2004£366,518 £2,397 23
    2003£326,370 £2,068 64
    2002£303,919 £1,997 26
    2001£251,369 £1,468 48
    2000£257,627 £1,580 68
    1999£195,154 £1,194 40
    1998£179,119 £1,047 39
    1997£174,866 £985 35
    1996£157,571 £837 17
    1995£182,6005
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£480,0001
    2023£455,000 £3,297 1
    2022£412,875 £5,338 4
    2021£462,062 £4,378 8
    2020£360,000 £4,176 1
    2019£312,249 £4,020 4
    2018£383,750 £4,175 2
    2017£345,600 £4,421 5
    2016£405,250 £4,147 4
    2015£266,249 £3,816 4
    2014£251,500 £3,472 2
    2013£274,500 £2,617 6
    2012£275,000 £2,677 2
    2011£245,500 £2,507 4
    2010£257,500 £2,460 2
    2009£199,998 £2,597 2
    2008£172,333 £2,267 3
    2007£218,125 £2,610 4
    2006£192,250 £3,419 6
    2005£198,857 £2,078 7
    2004£187,575 £2,266 6
    2003£179,123 £2,113 14
    2002£134,641 £1,970 7
    2001£107,350 £1,686 10
    2000£106,403 £1,215 14
    1999£84,890 £1,185 10
    1998£73,682 £996 6
    1997£72,750 £786 5
    1996£63,214 £690 7
    1995£62,968 £758 8
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£346,500 £4,994 2
    2023£375,000 £5,136 3
    2021£323,750 £4,189 4
    2020£187,000 £3,740 1
    2019£203,000 £2,985 2
    2018£286,225 £3,928 2
    2017£323,333 £4,444 3
    2016£327,000 £4,331 1
    2015£250,200 £3,602 5
    2014£250,000 £3,731 1
    2013£193,000 £3,063 1
    2012£228,750 £3,260 2
    2011£187,400 £2,447 5
    2010£199,250 £2,933 4
    2009£158,125 £2,057 4
    2008£250,000 £3,771 1
    2007£215,333 £2,994 3
    2006£162,357 £2,416 7
    2005£220,000 £1,880 1
    2004£142,250 £1,635 2
    2003£153,000 £2,308 1
    2002£93,550 £1,270 2
    2001£106,500 £1,638 1
    2000£101,806 £1,202 8
    1999£91,920 £1,193 10
    1998£76,000 £1,114 1
    1997£62,643 £737 7
    1996£56,917 £900 3
    1995£53,625 £758 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£600,0001
    2022£430,0001
    2019£7,477,2673
    2018£2,5001
    2017£7,562,5002
    2016£6,919,9153
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£82,000 £1,822 1
    2022£195,800 £4,450 1
    2021£108,000 £2,457 3
    2020£170,000 £4,146 1
    2016£185,000 £3,700 1
    2014£120,000 £2,927 1
    2013£60,000 £1,224 1
    2010£82,750 £1,802 2
    2009£44,500 £1,009 2
    2008£58,000 £1,289 1
    2007£99,667 £2,202 3
    2006£48,000 £980 1
    2005£184,667 £6,239 3
    2003£42,000 £979 2
    2001£27,000 £629 4
    2000£29,200 £650 5
    1999£20,000 £500 1
    1998£15,880 £346 2
    1997£34,000 £680 1

    House Type in MK5 8AX area

    The most common house types in the MK5 8AX postcode area are Detached (76), Semi-detached (38), and Terraced (32).

    Total157
    Detached76
    Semi-detached38
    Terraced32
    Flat10
    converted building1
    Shared house0
    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 (54), and Owned: Owns outright (43).

    Owned: Owns with a mortgage or loan54
    Owned: Owns outright43
    Social rented: Other social rented42
    Social rented: Rents from council or Local Authority12
    Private rented: Other private rented5
    Private rented: Private landlord or letting agency2
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the MK5 8AX have 1 person in household (43), and 2 people in household (43).

    1 person in household43
    2 people in household43
    4 people in household33
    3 people in household29
    5 people in household8
    6 people in household3
    0 people in household0
    7 people in household0
    8 or more people in household0