Housing Market Analysis for REDLAND DRIVE, MK5 8EL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £454,100 median price is £442,500 Standard Deviation is £258,906 with Total Sold: 10
    • The most recent sale happened at this postcode is 10 REDLAND DRIVE: £710,000 (Sold on 01 Mar 2017)
    • The first recorded sale happened at this postcode is 18 REDLAND DRIVE: £140,000 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8EL 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
2017£710,000 £2,925 1
2016£960,000 £3,863 1
2012£621,250 £2,679 2
2009£442,500 £2,379 2
1997£204,250 £643 2
1996£167,500 £693 2

All the Sales in the REDLAND DRIVE, MK5 8EL

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

AddressSold DatePrice% Change
10 REDLAND DRIVEDetached, FreeholdArea: 242.73 Sq.mtrAge: 1983-199001 Mar 2017£710,00019.83%
16 Mar 2012£592,500First Sale
16 REDLAND DRIVEDetached, FreeholdArea: 248.53 Sq.mtrAge: 1983-199007 Sep 2016£960,000First Sale
12 REDLAND DRIVEDetached, FreeholdArea: 222.9 Sq.mtrAge: 1983-199012 Oct 2012£650,000First Sale
6 REDLAND DRIVEDetached, Freehold28 Aug 2009£450,000First Sale
8 REDLAND DRIVEDetached, FreeholdArea: 182.83 Sq.mtrAge: 1983-199030 Mar 2009£435,000First Sale
18 REDLAND DRIVEDetached, FreeholdArea: 297 Sq.mtrAge: 1991-199502 Sep 1997£191,00036.43%
29 Nov 1996£140,000First Sale
4 REDLAND DRIVEDetached, Freehold18 Aug 1997£217,500First Sale
2 REDLAND DRIVEDetached, FreeholdArea: 213 Sq.mtrAge: 1983-199009 Dec 1996£195,000First Sale

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

REDLAND DRIVE, MK5 8EL Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £131,490 median price is £112,500 Standard Deviation is £89,077 with Total Sold: 273
    • The Last 5 Year average price is £277,593 with Total Sold: 27
    • The most recent sale happened at this postcode is , 30 FORTESCUE DRIVE: £310,000 (Sold on 02 Sep 2024)
    • The first recorded sale happened at this postcode is , 7 PRIMATT CRESCENT: £32,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £156,705 median price is £132,000 Standard Deviation is £109,501 with Total Sold: 359
    • The Last 5 Year average price is £313,927 with Total Sold: 41
    • The most recent sale happened at this postcode is , 38 STAFFORD GROVE: £325,000 (Sold on 09 Aug 2024)
    • The first recorded sale happened at this postcode is , 69 STAFFORD GROVE: £51,500 (Sold on 17 Feb 1995)
  • Detached
    • The average price is around £380,263 median price is £317,000 Standard Deviation is £249,400 with Total Sold: 577
    • The Last 5 Year average price is £759,614 with Total Sold: 65
    • The most recent sale happened at this postcode is , 10 WILMIN GROVE: £575,000 (Sold on 24 May 2024)
    • The first recorded sale happened at this postcode is , 19 WHITWORTH LANE: £320,000 (Sold on 07 Apr 1995)
  • Flat
    • The average price is around £55,525 median price is £37,500 Standard Deviation is £55,994 with Total Sold: 116
    • The Last 5 Year average price is £95,800 with Total Sold: 11
    • The most recent sale happened at this postcode is , 25 PEERS LANE: £61,500 (Sold on 17 Jul 2023)
    • The first recorded sale happened at this postcode is , 13 PHILLIP COURT: £9,900 (Sold on 31 Mar 1995)
  • Other
    • The average price is around £4,257,865 median price is £1,455,000 Standard Deviation is £5,117,926 with Total Sold: 13
    • The Last 5 Year average price is £1,692,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , 4 WHITTLE COURT: £460,000 (Sold on 25 Feb 2022)
    • The first recorded sale happened at this postcode is , KITEMARK COURT DAVY AVENUE: £12,750,000 (Sold on 23 Dec 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,600 £4,966 5
2023£297,167 £4,505 6
2022£261,000 £3,872 5
2021£283,667 £4,447 6
2020£264,000 £3,769 3
2019£217,500 £3,722 2
2018£270,390 £3,517 5
2017£288,333 £4,315 6
2016£208,000 £4,140 8
2015£219,250 £3,384 8
2014£192,590 £3,188 3
2013£173,000 £2,920 2
2012£198,417 £2,821 6
2011£173,286 £2,578 7
2010£169,000 £2,483 5
2009£129,636 £2,043 11
2008£188,167 £3,054 3
2007£172,450 £2,886 10
2006£152,000 £2,525 12
2005£143,818 £2,411 11
2004£117,719 £1,786 10
2003£128,277 £2,129 9
2002£81,952 £1,380 15
2001£72,694 £1,249 9
2000£81,777 £1,206 25
1999£69,940 £1,048 21
1998£54,304 £928 14
1997£50,965 £756 16
1996£45,040 £770 11
1995£42,576 £726 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£187,400 £3,684 5
2023£291,250 £4,400 8
2022£367,800 £5,361 5
2021£364,538 £3,934 13
2020£390,000 £3,701 3
2019£265,142 £3,441 7
2018£289,062 £3,871 8
2017£346,167 £3,967 9
2016£245,125 £3,893 8
2015£252,999 £3,395 6
2014£217,874 £3,132 8
2013£233,667 £2,509 9
2012£158,500 £2,637 4
2011£209,833 £2,114 3
2010£176,625 £2,194 8
2009£179,166 £1,849 9
2008£178,000 £2,439 4
2007£193,692 £2,542 13
2006£171,588 £2,773 17
2005£155,555 £2,109 18
2004£142,681 £2,089 8
2003£157,896 £2,009 22
2002£116,969 £1,736 20
2001£96,448 £1,462 25
2000£96,515 £1,124 23
1999£72,031 £920 29
1998£60,911 £886 18
1997£55,102 £795 17
1996£54,057 £642 13
1995£51,934 £717 19
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£630,938 £3,339 8
2023£759,476 £4,535 7
2022£983,727 £5,046 11
2021£806,000 £4,372 14
2020£586,692 £4,489 13
2019£773,258 £3,565 12
2018£558,312 £4,067 8
2017£668,846 £3,991 13
2016£651,300 £4,033 10
2015£538,630 £3,743 12
2014£478,176 £2,766 17
2013£488,062 £2,374 16
2012£354,146 £2,885 13
2011£398,464 £2,676 14
2010£461,375 £2,960 20
2009£437,883 £2,484 15
2008£391,421 £2,220 12
2007£427,087 £2,752 23
2006£340,477 £2,332 26
2005£384,797 £2,342 16
2004£338,180 £2,244 33
2003£324,110 £2,154 56
2002£276,064 £1,968 26
2001£234,279 £1,443 29
2000£258,244 £1,674 42
1999£173,553 £1,133 33
1998£193,208 £1,036 18
1997£156,451 £911 36
1996£146,326 £826 19
1995£141,560 £229 5
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£70,500 £1,834 3
2022£195,800 £4,450 1
2021£96,750 £2,164 4
2020£86,500 £2,222 3
2017£46,850 £1,325 2
2016£120,500 £2,698 2
2015£36,500 £1,106 1
2014£131,000 £2,672 3
2013£46,500 £1,128 2
2012£40,500 £664 1
2011£37,500 £789 2
2010£67,949 £1,358 5
2009£65,667 £1,181 3
2008£64,125 £1,583 4
2007£101,771 £2,435 6
2006£54,600 £1,320 5
2005£116,166 £2,790 9
2004£48,700 £1,313 5
2003£42,363 £1,069 11
2002£23,638 £502 6
2001£22,812 £578 8
2000£27,812 £657 8
1999£24,000 £524 3
1998£21,626 £517 8
1997£16,303 £313 7
1996£16,498 £355 2
1995£21,825 £517 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£460,0001
2019£2,925,0001
2018£7,201,2502
2017£718,3333
2016£7,019,9153
2015£800,0002
2014£12,750,0001

House Type in MK5 8EL area

The most common house types in the MK5 8EL postcode area are Detached (111), Semi-detached (13), and Terraced (13).

Total142
Detached111
Semi-detached13
Terraced13
Flat3
converted building2
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (53).

Owned: Owns outright66
Owned: Owns with a mortgage or loan53
Private rented: Private landlord or letting agency20
Private rented: Other private rented3
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the MK5 8EL have 2 people in household (48), and 3 people in household (27).

2 people in household48
3 people in household27
1 person in household26
4 people in household25
5 people in household9
6 people in household6
7 people in household1
0 people in household0
8 or more people in household0