Housing Market Analysis for MK5 8RR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

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

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

    AddressSold DatePrice% Change

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

    MK5 8RR Near By properties

    Interactive Map

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

    • Detached
      • The average price is around £209,052 median price is £168,000 Standard Deviation is £149,700 with Total Sold: 119
      • The Last 5 Year average price is £421,967 with Total Sold: 15
      • 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 , 22 SILICON COURT: £18,000 (Sold on 08 Sep 1995)
    • Flat
      • The average price is around £47,855 median price is £37,000 Standard Deviation is £28,062 with Total Sold: 46
      • The Last 5 Year average price is £74,667 with Total Sold: 6
      • The most recent sale happened at this postcode is , 57 SILICON COURT: £65,000 (Sold on 24 May 2024)
      • The first recorded sale happened at this postcode is , 26 SILICON COURT: £23,500 (Sold on 21 Jul 1995)
    • Semi-Detached
      • The average price is around £132,925 median price is £129,498 Standard Deviation is £76,467 with Total Sold: 128
      • The Last 5 Year average price is £247,317 with Total Sold: 12
      • The most recent sale happened at this postcode is , 20 BRAYTON COURT: £297,000 (Sold on 23 Jun 2023)
      • The first recorded sale happened at this postcode is , 7 GRANTHAM COURT: £45,000 (Sold on 28 Jul 1995)
    • Other
      • The average price is around £1,397,294 median price is £524,200 Standard Deviation is £1,649,980 with Total Sold: 22
      • The Last 5 Year average price is £1,501,338 with Total Sold: 13
      • The most recent sale happened at this postcode is , 9 SHIRWELL CRESCENT: £260,000 (Sold on 22 Mar 2023)
      • The first recorded sale happened at this postcode is , 13 SHIRWELL CRESCENT: £360,000 (Sold on 14 Apr 2014)
    • Terraced
      • The average price is around £143,248 median price is £138,498 Standard Deviation is £110,071 with Total Sold: 30
      • The Last 5 Year average price is £370,333 with Total Sold: 3
      • The most recent sale happened at this postcode is , 7 SHIRWELL CRESCENT: £540,000 (Sold on 25 May 2021)
      • The first recorded sale happened at this postcode is , 37 SILICON COURT: £24,000 (Sold on 14 Aug 1995)

    Sold Price Trend Over the Years:

    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£268,0001
    2023£625,000 £4,252 1
    2022£371,500 £4,988 2
    2021£537,500 £3,593 4
    2020£459,700 £4,105 5
    2019£122,500 £1,314 2
    2018£208,000 £3,737 3
    2017£314,750 £4,431 4
    2016£329,300 £3,114 5
    2015£259,138 £3,214 4
    2014£217,500 £3,185 2
    2013£192,000 £2,667 1
    2011£196,500 £2,565 5
    2010£289,500 £2,551 5
    2009£342,500 £1,426 2
    2008£201,000 £2,856 2
    2007£196,100 £2,619 5
    2006£271,406 £2,779 9
    2005£171,416 £1,708 6
    2004£132,375 £2,593 4
    2003£219,000 £1,921 3
    2002£121,356 £1,859 7
    2001£65,605 £949 7
    2000£124,188 £1,314 4
    1999£86,930 £1,438 5
    1998£75,249 £746 6
    1997£107,814 £966 11
    1996£101,317 £688 3
    1995£18,0001
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£65,0001
    2023£125,000 £1,866 1
    2022£92,000 £1,996 1
    2021£55,000 £1,310 1
    2020£55,000 £1,170 1
    2019£56,000 £1,217 1
    2017£80,000 £1,735 1
    2016£75,000 £1,596 1
    2014£124,998 £2,634 2
    2012£50,167 £1,041 3
    2010£54,700 £816 1
    2008£62,000 £1,345 1
    2007£42,125 £1,181 4
    2006£53,0002
    2005£51,250 £889 2
    2004£28,000 £596 1
    2003£43,500 £704 4
    2002£30,500 £668 2
    2001£33,000 £716 1
    2000£37,375 £945 4
    1999£28,625 £589 4
    1998£23,717 £392 3
    1996£18,250 £321 2
    1995£18,250 £286 2
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£297,000 £4,243 1
    2022£240,667 £4,518 3
    2021£288,500 £3,857 2
    2019£228,633 £3,182 6
    2018£235,250 £4,115 4
    2017£295,400 £3,839 5
    2016£70,000 £1,151 2
    2015£233,332 £3,011 3
    2014£172,000 £2,698 3
    2013£152,000 £2,980 1
    2012£138,000 £2,145 2
    2011£142,833 £2,333 3
    2010£152,750 £2,390 2
    2008£160,800 £1,808 4
    2007£163,415 £2,456 6
    2006£150,999 £2,387 8
    2005£137,000 £2,163 4
    2004£130,500 £2,230 6
    2003£136,742 £2,090 6
    2002£109,366 £1,586 15
    2001£86,832 £1,299 3
    2000£72,999 £1,245 8
    1999£59,249 £976 8
    1998£56,630 £944 8
    1997£47,336 £782 7
    1996£48,786 £555 4
    1995£47,250 £654 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£242,5002
    2022£766,2002
    2021£1,920,250 £2,904 4
    2020£929,750 £43 4
    2019£6,100,0001
    2018£936,6673
    2017£275,0001
    2016£974,0392
    2015£2,915,0002
    2014£360,0001
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2021£417,000 £4,523 2
    2020£277,000 £3,044 1
    2017£270,000 £4,154 1
    2016£215,000 £3,359 1
    2014£220,167 £3,023 3
    2012£175,000 £1,923 1
    2010£154,995 £1,800 1
    2009£57,000 £1,118 1
    2007£156,498 £2,716 2
    2006£130,000 £2,013 3
    2005£160,000 £1,858 1
    2003£93,000 £1,490 4
    2000£78,995 £1,128 1
    1999£68,500 £1,022 1
    1998£54,950 £638 1
    1997£36,748 £750 2
    1996£34,500 £614 2
    1995£37,000 £746 2

    House Type in MK5 8RR area

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