Housing Market Analysis for REDLAND DRIVE, MK5 8FJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £402,390 median price is £370,000 Standard Deviation is £160,035 with Total Sold: 5
    • The most recent sale happened at this postcode is 70 REDLAND DRIVE: £710,000 (Sold on 06 Jul 2018)
    • The first recorded sale happened at this postcode is 74 REDLAND DRIVE: £257,000 (Sold on 07 Jan 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8FJ 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
2018£710,000 £3,463 1
2003£375,000 £1,426 1
2002£370,000 £1,805 1
2000£278,475 £1,140 2

All the Sales in the REDLAND DRIVE, MK5 8FJ

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

AddressSold DatePrice% Change
70 REDLAND DRIVEDetached, FreeholdArea: 205 Sq.mtrAge: 1996-200206 Jul 2018£710,00091.89%
26 Jul 2002£370,000First Sale
72 REDLAND DRIVEDetached, FreeholdArea: 263 Sq.mtrAge: 1996-200228 Nov 2003£375,00025.02%
22 Jun 2000£299,950First Sale
74 REDLAND DRIVEDetached, Freehold07 Jan 2000£257,000First Sale

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

REDLAND DRIVE, MK5 8FJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £400,409 median price is £343,000 Standard Deviation is £227,165 with Total Sold: 447
    • The Last 5 Year average price is £782,974 with Total Sold: 42
    • 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 £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 £4,350,467 median price is £2,062,500 Standard Deviation is £4,478,822 with Total Sold: 14
    • The Last 5 Year average price is £3,986,967 with Total Sold: 6
    • 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 £210,412 median price is £179,000 Standard Deviation is £132,706 with Total Sold: 68
    • The Last 5 Year average price is £473,938 with Total Sold: 8
    • 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£647,5002
2023£912,500 £4,768 7
2022£999,125 £4,784 8
2021£732,750 £4,244 12
2020£674,822 £3,840 9
2019£585,750 £4,012 4
2018£705,499 £3,629 8
2017£678,423 £4,037 13
2016£677,499 £3,868 9
2015£696,062 £3,527 9
2014£521,214 £3,267 14
2013£486,050 £2,654 10
2012£509,371 £2,822 12
2011£430,438 £2,593 8
2010£484,906 £3,087 16
2009£488,222 £2,762 9
2008£340,559 £2,154 7
2007£438,055 £2,869 18
2006£388,487 £2,585 20
2005£400,400 £2,455 10
2004£356,172 £2,430 17
2003£341,656 £2,072 46
2002£318,326 £2,114 12
2001£253,992 £1,480 38
2000£254,678 £1,599 57
1999£206,962 £1,186 34
1998£180,384 £1,116 29
1997£149,500 £643 3
1996£159,600 £621 5
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
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£445,0002
2019£7,477,2673
2017£3,956,2504
2016£6,919,9153
2015£400,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£455,000 £3,297 1
2022£431,250 £4,444 2
2021£568,333 £4,340 3
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
2011£234,000 £2,396 3
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£170,500 £1,987 2
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£73,000 £710 2
1995£71,248 £689 3

House Type in MK5 8FJ area

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