Housing Market Analysis for MK5 8GB

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    MK5 8GB Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £48,190 median price is £36,500 Standard Deviation is £33,479 with Total Sold: 167
      • The Last 5 Year average price is £75,900 with Total Sold: 15
      • The most recent sale happened at this postcode is , 2 LAUNCESTON COURT: £67,500 (Sold on 23 Sep 2024)
      • The first recorded sale happened at this postcode is , 13 PHILLIP COURT: £9,900 (Sold on 31 Mar 1995)
    • Semi-Detached
      • The average price is around £123,769 median price is £107,500 Standard Deviation is £87,984 with Total Sold: 433
      • The Last 5 Year average price is £256,913 with Total Sold: 39
      • 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 , 65 NORTHCROFT: £39,000 (Sold on 20 Jan 1995)
    • Detached
      • The average price is around £275,861 median price is £225,000 Standard Deviation is £204,414 with Total Sold: 422
      • The Last 5 Year average price is £531,400 with Total Sold: 45
      • The most recent sale happened at this postcode is , 17 CROWTHER COURT: £404,000 (Sold on 11 Jul 2024)
      • The first recorded sale happened at this postcode is , 9 RUNFORD COURT: £23,250 (Sold on 27 Feb 1995)
    • Terraced
      • The average price is around £104,977 median price is £82,500 Standard Deviation is £70,323 with Total Sold: 185
      • The Last 5 Year average price is £216,273 with Total Sold: 11
      • The most recent sale happened at this postcode is , 9 STAFFORD GROVE: £205,000 (Sold on 21 Jun 2024)
      • The first recorded sale happened at this postcode is , 7 PRIMATT CRESCENT: £32,000 (Sold on 27 Jan 1995)
    • Other
      • The average price is around £2,838,528 median price is £954,000 Standard Deviation is £4,208,685 with Total Sold: 23
      • The Last 5 Year average price is £1,039,044 with Total Sold: 9
      • The most recent sale happened at this postcode is , 4 NORTHCROFT: £225,000 (Sold on 27 Jan 2023)
      • 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: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£66,2502
    2023£84,833 £1,848 3
    2022£108,500 £1,990 2
    2021£78,000 £1,625 5
    2020£48,167 £1,230 3
    2019£56,000 £1,217 1
    2018£67,500 £1,457 2
    2017£88,740 £2,022 5
    2016£65,667 £1,464 3
    2015£36,500 £1,106 1
    2014£130,749 £2,589 4
    2013£33,000 £1,031 1
    2012£50,700 £924 5
    2011£48,333 £896 3
    2010£58,389 £1,000 5
    2009£71,250 £1,164 2
    2008£65,125 £1,597 4
    2007£73,802 £1,741 12
    2006£56,571 £1,437 7
    2005£72,277 £1,428 9
    2004£45,250 £1,170 6
    2003£41,366 £987 15
    2002£28,711 £635 11
    2001£22,938 £547 8
    2000£29,099 £657 11
    1999£27,625 £522 8
    1998£21,972 £546 9
    1997£14,811 £271 11
    1996£17,549 £349 5
    1995£19,662 £428 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£167,250 £3,150 4
    2023£261,900 £4,110 15
    2022£279,375 £4,651 8
    2021£241,950 £3,069 10
    2020£383,800 £3,637 2
    2019£213,817 £3,107 12
    2018£202,634 £3,150 13
    2017£253,546 £3,234 13
    2016£191,429 £3,025 7
    2015£222,999 £2,580 5
    2014£154,250 £2,494 10
    2013£138,999 £2,148 8
    2012£150,300 £2,374 5
    2011£137,917 £2,199 6
    2010£160,458 £2,231 12
    2009£129,694 £1,810 9
    2008£168,029 £2,288 7
    2007£145,530 £2,328 16
    2006£146,117 £2,287 17
    2005£124,846 £2,002 13
    2004£130,194 £2,080 18
    2003£120,322 £1,778 20
    2002£100,249 £1,500 36
    2001£75,475 £1,108 26
    2000£73,412 £1,086 24
    1999£54,877 £813 29
    1998£49,451 £826 27
    1997£45,952 £725 24
    1996£44,338 £592 17
    1995£40,860 £572 20
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£526,333 £4,839 3
    2023£676,625 £4,986 4
    2022£491,833 £4,250 12
    2021£581,250 £4,239 8
    2020£504,194 £4,346 18
    2019£482,056 £3,113 9
    2018£398,875 £3,495 8
    2017£431,417 £4,126 12
    2016£463,984 £3,310 10
    2015£304,250 £3,042 11
    2014£414,821 £2,631 14
    2013£325,682 £2,418 11
    2012£357,250 £2,369 10
    2011£273,000 £2,187 7
    2010£287,667 £2,475 12
    2009£357,250 £2,255 10
    2008£332,632 £2,668 11
    2007£307,361 £2,595 18
    2006£292,376 £2,583 23
    2005£260,476 £2,255 11
    2004£242,087 £1,980 23
    2003£238,045 £1,905 18
    2002£181,902 £1,604 23
    2001£166,600 £1,323 20
    2000£144,397 £1,265 17
    1999£122,540 £1,126 22
    1998£134,648 £862 24
    1997£97,611 £857 26
    1996£112,314 £696 18
    1995£90,843 £604 9
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£237,500 £4,909 2
    2023£179,000 £3,086 2
    2022£220,000 £3,908 4
    2021£294,000 £4,523 1
    2020£186,000 £2,147 2
    2019£217,500 £3,722 2
    2018£209,000 £3,807 2
    2017£231,250 £4,098 4
    2016£203,000 £3,680 6
    2015£175,417 £3,004 6
    2014£197,654 £2,980 5
    2013£175,000 £2,188 1
    2012£149,667 £2,253 3
    2011£124,000 £2,514 2
    2010£101,498 £1,243 2
    2009£112,000 £1,968 9
    2008£123,500 £1,716 2
    2007£151,277 £2,702 9
    2006£122,357 £2,323 7
    2005£142,374 £2,318 8
    2004£111,586 £1,824 8
    2003£106,749 £1,863 10
    2002£70,014 £1,290 12
    2001£53,665 £1,027 6
    2000£64,896 £1,163 15
    1999£48,728 £894 9
    1998£41,727 £755 13
    1997£40,079 £780 15
    1996£34,416 £707 6
    1995£36,120 £686 12
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£225,0001
    2022£664,1333
    2021£1,920,000 £20,565 2
    2020£1,098,000 £43 3
    2019£2,925,0001
    2018£5,056,6673
    2017£607,5004
    2016£7,019,9153
    2015£800,0002
    2014£12,750,0001

    House Type in MK5 8GB area

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