Housing Market Analysis for REDLAND DRIVE, MK5 8FB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £523,162 median price is £445,000 Standard Deviation is £282,264 with Total Sold: 12
    • The Last 5 Year average price is £1,323,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 30 REDLAND DRIVE: £1,323,000 (Sold on 16 Mar 2022)
    • The first recorded sale happened at this postcode is 26 REDLAND DRIVE: £255,000 (Sold on 30 Nov 1998)
  • Semi-Detached
    • The average price is around £171,995 median price is £171,995 Standard Deviation is £0 with Total Sold: 2
    • The most recent sale happened at this postcode is 40 REDLAND DRIVE: £171,995 (Sold on 23 May 2003)
    • The first recorded sale happened at this postcode is 38 REDLAND DRIVE: £171,995 (Sold on 23 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8FB 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
2022£1,323,000 £5,050 1
2015£490,000 £3,161 1
2010£400,0001
2007£750,0001
2005£500,0001
2004£640,000 £2,353 1
2003£364,975 £2,129 2
2002£600,000 £2,206 1
1999£295,000 £1,126 1
1998£275,000 £1,085 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£171,995 £2,150 2

All the Sales in the REDLAND DRIVE, MK5 8FB

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

AddressSold DatePrice% Change
30 REDLAND DRIVEDetached, FreeholdArea: 262 Sq.mtrAge: 1996-200216 Mar 2022£1,323,000348.47%
26 Feb 1999£295,000First Sale
34 REDLAND DRIVEDetached, FreeholdArea: 155 Sq.mtrAge: 2003-200611 Dec 2015£490,00048.48%
19 Dec 2003£330,000First Sale
36 REDLAND DRIVEDetached, Freehold17 Dec 2010£400,0000.01%
29 May 2003£399,950First Sale
26 REDLAND DRIVEDetached, Freehold05 Oct 2007£750,00050.00%
17 Jun 2005£500,00096.08%
30 Nov 1998£255,000First Sale
28 REDLAND DRIVEDetached, FreeholdArea: 272 Sq.mtrAge: 1996-200217 Jun 2004£640,0006.67%
10 Jun 2002£600,000103.39%
30 Dec 1998£295,000First Sale
40 REDLAND DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-200223 May 2003£171,995First Sale
38 REDLAND DRIVESemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1996-200223 May 2003£171,995First Sale

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

REDLAND DRIVE, MK5 8FB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £404,082 median price is £350,000 Standard Deviation is £227,287 with Total Sold: 392
    • The Last 5 Year average price is £823,916 with Total Sold: 31
    • 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)
  • Terraced
    • The average price is around £189,387 median price is £178,500 Standard Deviation is £99,006 with Total Sold: 34
    • 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 £3,972,596 median price is £1,327,500 Standard Deviation is £4,307,424 with Total Sold: 16
    • The Last 5 Year average price is £496,667 with Total Sold: 3
    • 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 , 5 WHITTLE COURT: £400,000 (Sold on 16 Mar 2015)
  • Semi-Detached
    • The average price is around £207,702 median price is £183,000 Standard Deviation is £118,017 with Total Sold: 57
    • The Last 5 Year average price is £472,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , 13 FARNELL COURT: £455,000 (Sold on 24 Aug 2023)
    • The first recorded sale happened at this postcode is , 19 PITCHER LANE: £54,495 (Sold on 18 Aug 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£545,0001
2023£936,250 £4,982 6
2022£1,040,429 £4,922 7
2021£727,000 £3,996 10
2020£689,414 £3,669 7
2019£585,750 £4,012 4
2018£757,499 £3,610 6
2017£704,062 £4,021 8
2016£713,928 £3,769 7
2015£710,944 £3,531 8
2014£533,077 £3,163 13
2013£485,056 £2,654 9
2012£509,371 £2,822 12
2011£444,786 £2,557 7
2010£495,900 £3,105 15
2009£465,714 £2,738 7
2008£329,819 £2,053 6
2007£435,588 £2,771 17
2006£405,574 £2,541 17
2005£419,875 £2,455 8
2004£356,172 £2,430 17
2003£344,572 £2,071 44
2002£320,264 £2,114 11
2001£253,992 £1,480 38
2000£255,864 £1,607 54
1999£211,399 £1,195 32
1998£188,714 £1,077 14
1997£204,250 £643 2
1996£170,750 £693 4
1995£90,0001
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
2017£400,000 £4,823 1
2015£302,500 £4,235 2
2014£250,000 £3,731 1
2012£228,750 £3,260 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£445,0002
2019£7,477,2673
2017£3,456,0005
2016£6,919,9153
2015£800,0002
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£455,000 £3,297 1
2022£431,250 £4,444 2
2021£522,500 £3,972 2
2019£282,000 £3,811 1
2017£360,500 £5,934 2
2016£325,000 £4,062 1
2015£260,000 £3,901 3
2014£251,500 £3,472 2
2013£255,000 £2,181 2
2011£240,000 £2,288 2
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£178,000 £2,030 3
2004£153,000 £1,987 1
2003£207,966 £2,139 8
2002£148,998 £2,117 2
2001£124,0001
2000£116,715 £1,274 10
1999£101,475 £1,220 4
1998£113,0001
1995£71,248 £689 3

House Type in MK5 8FB area

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