Housing Market Analysis for COMMON LANE, MK5 8BA

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £156,250 median price is £156,250 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FIVE GABLES COMMON LANE: £156,250 (Sold on 15 Feb 2002)
    • The first recorded sale happened at this postcode is FIVE GABLES COMMON LANE: £156,250 (Sold on 15 Feb 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8BA 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
2002£156,2501

All the Sales in the COMMON LANE, MK5 8BA

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

AddressSold DatePrice% Change
FIVE GABLES COMMON LANEDetached, Freehold15 Feb 2002£156,250First Sale

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

COMMON LANE, MK5 8BA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £385,085 median price is £322,995 Standard Deviation is £223,148 with Total Sold: 518
    • The Last 5 Year average price is £741,111 with Total Sold: 53
    • The most recent sale happened at this postcode is , 9 FOXLEY PLACE: £545,000 (Sold on 27 Mar 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 £214,260 median price is £188,000 Standard Deviation is £133,563 with Total Sold: 77
    • The Last 5 Year average price is £463,150 with Total Sold: 10
    • 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 , 19 PITCHER LANE: £54,495 (Sold on 18 Aug 1995)
  • Terraced
    • The average price is around £193,316 median price is £183,500 Standard Deviation is £94,886 with Total Sold: 40
    • The Last 5 Year average price is £294,857 with Total Sold: 7
    • The most recent sale happened at this postcode is , 5 FARNELL COURT: £328,000 (Sold on 01 Feb 2024)
    • The first recorded sale happened at this postcode is , 4 PITCHER LANE: £49,000 (Sold on 09 May 1995)
  • Other
    • The average price is around £5,934,654 median price is £5,565,900 Standard Deviation is £4,393,085 with Total Sold: 10
    • 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)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£647,5002
2023£791,150 £5,095 10
2022£965,889 £4,727 9
2021£712,062 £4,150 16
2020£648,491 £3,683 11
2019£570,600 £4,013 5
2018£705,499 £3,629 8
2017£651,885 £3,818 13
2016£648,125 £3,856 12
2015£661,206 £3,643 10
2014£529,429 £3,234 14
2013£486,050 £2,654 10
2012£485,889 £2,809 14
2011£420,389 £2,586 9
2010£484,906 £3,087 16
2009£476,900 £2,696 10
2008£340,559 £2,154 7
2007£416,854 £2,784 21
2006£388,852 £2,498 22
2005£378,714 £2,403 14
2004£345,943 £2,410 19
2003£332,278 £2,047 51
2002£283,245 £2,007 18
2001£256,168 £1,538 43
2000£254,678 £1,599 57
1999£203,357 £1,196 37
1998£165,730 £1,062 47
1997£139,488 £1,000 8
1996£159,500 £621 4
1995£90,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,0001
2023£455,000 £3,297 1
2022£431,250 £4,444 2
2021£568,333 £4,340 3
2020£360,000 £4,176 1
2019£384,500 £4,023 2
2017£365,333 £5,081 3
2016£325,000 £4,062 1
2015£260,000 £3,901 3
2014£251,500 £3,472 2
2013£255,000 £2,181 2
2012£325,000 £3,169 1
2011£245,500 £2,507 4
2010£190,000 £3,209 1
2009£199,995 £2,597 1
2007£215,000 £2,792 1
2006£199,333 £3,030 3
2005£202,250 £2,193 4
2004£198,667 £2,237 3
2003£202,192 £2,139 9
2002£135,998 £2,117 3
2001£124,0001
2000£116,715 £1,274 10
1999£101,475 £1,220 4
1998£79,333 £826 3
1997£74,167 £719 3
1996£69,250 £669 2
1995£71,248 £689 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£328,000 £4,373 1
2023£350,000 £3,684 1
2021£326,667 £4,468 3
2019£203,000 £2,985 2
2018£352,5001
2017£400,000 £4,823 1
2015£261,667 £3,705 3
2014£250,000 £3,731 1
2012£228,750 £3,260 2
2011£177,500 £1,949 2
2010£222,250 £3,220 2
2009£220,000 £1,716 1
2008£250,000 £3,771 1
2006£178,500 £2,103 2
2005£220,000 £1,880 1
2004£171,000 £2,062 1
2000£115,612 £1,205 4
1999£95,775 £1,207 8
1997£64,250 £726 2
1995£49,000 £516 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£600,0001
2022£430,0001
2019£7,477,2673
2017£7,562,5002
2016£6,919,9153

House Type in MK5 8BA area

The most common house types in the MK5 8BA postcode area are Detached (137), Terraced (21), and Semi-detached (18).

Total179
Detached137
Terraced21
Semi-detached18
Flat3
Shared house0
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 (89), and Owned: Owns outright (50).

Owned: Owns with a mortgage or loan89
Owned: Owns outright50
Private rented: Private landlord or letting agency37
Private rented: Other private rented4
Lives rent free1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0

Number of People in a Household

The most houses in the MK5 8BA have 2 people in household (53), and 4 people in household (52).

2 people in household53
4 people in household52
3 people in household34
1 person in household17
5 people in household13
6 people in household5
8 or more people in household3
7 people in household1
0 people in household0