Housing Market Analysis for MK5 8GH

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    MK5 8GH Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £46,694 median price is £36,000 Standard Deviation is £32,516 with Total Sold: 185
      • The Last 5 Year average price is £74,656 with Total Sold: 16
      • 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)
    • Terraced
      • The average price is around £107,956 median price is £89,750 Standard Deviation is £70,821 with Total Sold: 270
      • The Last 5 Year average price is £237,342 with Total Sold: 19
      • 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 £123,993 median price is £108,000 Standard Deviation is £88,300 with Total Sold: 524
      • The Last 5 Year average price is £250,441 with Total Sold: 61
      • 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 £272,573 median price is £223,000 Standard Deviation is £207,570 with Total Sold: 547
      • The Last 5 Year average price is £533,127 with Total Sold: 67
      • The most recent sale happened at this postcode is , 46 SILICON COURT: £268,000 (Sold on 29 Jul 2024)
      • The first recorded sale happened at this postcode is , 9 RUNFORD COURT: £23,250 (Sold on 27 Feb 1995)
    • Other
      • The average price is around £2,751,714 median price is £939,500 Standard Deviation is £4,141,055 with Total Sold: 24
      • The Last 5 Year average price is £1,184,673 with Total Sold: 11
      • 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£58,158 £1,004 6
    2009£71,250 £1,164 2
    2008£65,100 £1,510 5
    2007£67,902 £1,741 14
    2006£56,571 £1,437 7
    2005£72,277 £1,428 9
    2004£45,214 £1,109 7
    2003£42,911 £992 17
    2002£28,711 £635 11
    2001£23,167 £547 9
    2000£29,300 £657 12
    1999£25,909 £502 11
    1998£23,127 £524 11
    1997£15,410 £294 12
    1996£16,392 £349 7
    1995£20,430 £402 5
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£261,667 £4,909 3
    2023£219,333 £3,875 3
    2022£230,500 £4,136 5
    2021£298,667 £4,048 3
    2020£194,333 £2,758 3
    2019£217,500 £3,722 2
    2018£209,000 £3,807 2
    2017£226,600 £3,974 5
    2016£211,000 £3,699 7
    2015£175,417 £3,004 6
    2014£199,712 £2,980 6
    2013£164,000 £2,482 2
    2012£147,250 £2,338 4
    2011£133,667 £2,620 3
    2010£101,498 £1,243 2
    2009£113,800 £1,988 10
    2008£141,100 £2,279 5
    2007£156,066 £2,775 15
    2006£138,577 £2,465 13
    2005£144,226 £2,373 11
    2004£110,674 £1,820 10
    2003£113,321 £1,967 14
    2002£83,383 £1,487 20
    2001£66,732 £1,240 15
    2000£69,722 £1,220 20
    1999£52,682 £939 14
    1998£45,594 £819 18
    1997£41,890 £795 21
    1996£38,468 £725 10
    1995£38,191 £696 18
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£187,400 £3,684 5
    2023£261,900 £4,110 15
    2022£258,750 £4,375 10
    2021£247,125 £3,266 12
    2020£352,520 £3,824 5
    2019£221,129 £3,317 14
    2018£206,827 £3,261 16
    2017£238,067 £3,201 15
    2016£182,778 £2,866 9
    2015£225,499 £2,686 6
    2014£164,291 £2,503 12
    2013£138,999 £2,148 8
    2012£153,583 £2,435 6
    2011£137,917 £2,199 6
    2010£153,307 £2,177 13
    2009£129,694 £1,810 9
    2008£163,275 £2,303 8
    2007£153,099 £2,300 20
    2006£147,187 £2,372 24
    2005£128,911 £1,968 17
    2004£130,194 £2,080 18
    2003£118,294 £1,784 27
    2002£101,475 £1,544 44
    2001£86,370 £1,190 36
    2000£72,942 £1,062 28
    1999£52,712 £823 35
    1998£47,925 £807 31
    1997£44,730 £704 30
    1996£43,964 £622 21
    1995£40,946 £618 24
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£461,750 £4,839 4
    2023£676,625 £4,986 4
    2022£592,000 £4,368 16
    2021£589,091 £4,522 11
    2020£500,275 £4,276 20
    2019£434,042 £2,677 12
    2018£384,100 £3,792 10
    2017£460,737 £3,948 19
    2016£478,736 £3,374 12
    2015£311,273 £2,909 13
    2014£429,233 £2,601 15
    2013£312,750 £2,500 14
    2012£357,250 £2,369 10
    2011£275,458 £2,389 12
    2010£302,107 £2,482 14
    2009£363,808 £2,267 13
    2008£310,112 £2,733 13
    2007£290,795 £2,625 22
    2006£282,771 £2,436 28
    2005£255,421 £1,999 16
    2004£241,033 £2,059 30
    2003£220,491 £1,886 22
    2002£176,879 £1,590 27
    2001£170,569 £1,256 39
    2000£154,930 £1,284 25
    1999£120,468 £1,080 30
    1998£135,889 £890 29
    1997£103,872 £870 35
    1996£115,507 £753 21
    1995£82,322 £624 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£225,0001
    2022£664,1333
    2021£1,531,667 £11,734 3
    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 8GH area

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