Housing Market Analysis for MK5 8BN

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK5 8BN 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 8BN

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

    AddressSold DatePrice% Change

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

    MK5 8BN Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £383,090 median price is £320,000 Standard Deviation is £223,113 with Total Sold: 519
      • The Last 5 Year average price is £762,161 with Total Sold: 49
      • 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 £211,570 median price is £183,000 Standard Deviation is £132,999 with Total Sold: 79
      • The Last 5 Year average price is £482,812 with Total Sold: 8
      • 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 £331,600 with Total Sold: 5
      • 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 £5,265,971 median price is £4,125,000 Standard Deviation is £4,648,081 with Total Sold: 7
      • The Last 5 Year average price is £515,000 with Total Sold: 2
      • 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£671,117 £3,630 12
    2019£570,600 £4,013 5
    2018£705,499 £3,629 8
    2017£647,042 £3,892 12
    2016£619,772 £3,856 11
    2015£661,206 £3,643 10
    2014£513,133 £3,213 15
    2013£486,050 £2,654 10
    2012£463,329 £2,835 12
    2011£420,389 £2,586 9
    2010£484,906 £3,087 16
    2009£509,900 £2,652 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£297,811 £2,007 19
    2001£256,168 £1,538 43
    2000£254,678 £1,599 57
    1999£200,979 £1,194 38
    1998£165,558 £1,062 48
    1997£123,914 £1,072 7
    1996£138,250 £477 4
    1995£160,0002
    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£131,0002
    2000£116,715 £1,274 10
    1999£101,475 £1,220 4
    1998£79,333 £826 3
    1997£74,167 £719 3
    1996£72,167 £669 3
    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£9,753,4002
    2017£7,562,5002
    2016£1,200,0001

    House Type in MK5 8BN area

    The most common house types in the MK5 8BN 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 8BN 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