Housing Market Analysis for REDLAND DRIVE, MK5 8FL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £461,530 median price is £415,000 Standard Deviation is £218,254 with Total Sold: 15
    • The Last 5 Year average price is £921,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 67 REDLAND DRIVE: £1,100,000 (Sold on 29 Apr 2022)
    • The first recorded sale happened at this postcode is 87 REDLAND DRIVE: £249,995 (Sold on 30 Jun 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average MK5 8FL 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£1,100,000 £4,198 1
2021£742,000 £3,484 1
2014£590,000 £2,782 1
2010£435,000 £2,619 1
2008£487,000 £2,006 2
2004£377,000 £2,270 1
2003£373,750 £1,489 4
2002£450,000 £1,718 1
2001£294,9501
2000£232,498 £1,257 2

All the Sales in the REDLAND DRIVE, MK5 8FL

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

AddressSold DatePrice% Change
67 REDLAND DRIVEDetached, FreeholdArea: 262 Sq.mtrAge: 1996-200229 Apr 2022£1,100,000144.44%
02 Dec 2002£450,000First Sale
89 REDLAND DRIVEDetached, FreeholdArea: 213 Sq.mtrAge: 1996-200202 Mar 2021£742,00078.80%
27 Jun 2008£415,00093.02%
10 Oct 2000£215,000First Sale
71 REDLAND DRIVEDetached, FreeholdArea: 212.07 Sq.mtrAge: 2003-200627 Jun 2014£590,00047.50%
23 May 2003£400,000First Sale
87 REDLAND DRIVEDetached, FreeholdArea: 166.1 Sq.mtrAge: 1996-200214 Jan 2010£435,00015.38%
08 Apr 2004£377,00050.80%
30 Jun 2000£249,995First Sale
69 REDLAND DRIVEDetached, FreeholdArea: 271 Sq.mtrAge: 2003-200625 Mar 2008£559,00018.94%
03 Apr 2003£470,000First Sale
77 REDLAND DRIVEDetached, FreeholdArea: 284 Sq.mtrAge: 2003-200628 Aug 2003£240,000First Sale
91 REDLAND DRIVEDetached, Freehold28 Feb 2003£385,000First Sale
83 REDLAND DRIVEDetached, Freehold08 Jun 2001£294,950First Sale

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

REDLAND DRIVE, MK5 8FL Near By properties

Interactive Map

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

  • Detached
    • The average price is around £416,000 median price is £345,000 Standard Deviation is £257,183 with Total Sold: 497
    • The Last 5 Year average price is £840,134 with Total Sold: 54
    • The most recent sale happened at this postcode is , 1 WHITWORTH LANE: £185,000 (Sold on 19 Apr 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£715,000 £361 6
2023£930,604 £4,828 8
2022£1,039,778 £4,996 9
2021£829,000 £4,395 15
2020£674,822 £3,840 9
2019£823,714 £3,711 7
2018£705,499 £3,629 8
2017£678,423 £4,037 13
2016£677,499 £3,868 9
2015£720,414 £3,541 11
2014£521,214 £3,267 14
2013£544,750 £2,521 12
2012£509,371 £2,822 12
2011£430,438 £2,593 8
2010£481,970 £3,025 17
2009£522,455 £2,519 11
2008£340,559 £2,154 7
2007£465,131 £2,869 19
2006£402,034 £2,569 22
2005£411,818 £2,349 11
2004£366,107 £2,396 18
2003£343,410 £2,062 48
2002£321,057 £2,095 16
2001£260,718 £1,461 40
2000£261,028 £1,596 60
1999£206,962 £1,186 34
1998£181,102 £1,067 31
1997£193,859 £966 11
1996£164,250 £860 9
1995£205,0002
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 8FL area

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