Housing Market Analysis for GATEWICK LANE, MK7 8LH

Are you looking to understand MK7 8LH 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 MK7 8LH area, explore the MK7 8LH Area information page.
For comprehensive crime statistics in the MK7 8LH area, explore the MK7 8LH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK7 8LH postcode area, The average prices are as follows,

Detached
- The average price is around £262,540 median price is £213,500 Standard Deviation is £157,790 with Total Sold: 42
- The Last 5 Year average price is £507,500 with Total Sold: 6
- The most recent sale happened at this postcode is 27 GATEWICK LANE: £630,000 (Sold on 01 Jul 2022)
- The first recorded sale happened at this postcode is 17 GATEWICK LANE: £102,000 (Sold on 21 Apr 1995)
Semi-Detached
- The average price is around £110,000 median price is £110,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 15 GATEWICK LANE: £110,000 (Sold on 10 Sep 1999)
- The first recorded sale happened at this postcode is 15 GATEWICK LANE: £110,000 (Sold on 10 Sep 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average MK7 8LH 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£468,333	£4,953	3
2021	£570,000	£3,455	1
2020	£555,000	£3,828	1
2019	£515,000	£3,239	1
2018	£497,500	£3,857	1
2017	£546,000	£3,545	2
2014	£370,000	£2,413	2
2013	£296,000	£2,887	2
2012	£244,500	£3,019	1
2011	£365,000	£2,472	1
2010	£55,000	£696	1
2006	£335,000	£2,557	1
2004	£221,000	£2,524	2
2003	£190,750	£2,136	4
2002	£262,000	£1,832	1
2001	£153,498	£1,728	2
2000	£177,333	£1,499	3
1999	£180,000	£1,118	1
1998	£151,160	£1,163	5
1997	£140,225	£1,018	4
1996	£75,995	£938	1
1995	£90,998	£1,081	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
1999	£110,000		1

All the Sales in the GATEWICK LANE, MK7 8LH

See the table below for more details on the sold house prices in the MK7 8LH, Milton Keynes postcode.

Address	Sold Date	Price	% Change
27 GATEWICK LANEDetached, FreeholdArea: 129 Sq.mtrAge: 1996-2002	01 Jul 2022	£630,000	26.63%
	19 Apr 2018	£497,500	211.03%
	30 Jun 1998	£159,950	First Sale
23 GATEWICK LANEDetached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	25 Apr 2022	£425,000	73.82%
	25 Sep 2012	£244,500	12.67%
	20 Jul 2004	£217,000	11.86%
	11 Jul 2003	£194,000	38.58%
	30 Aug 2001	£139,995	84.22%
	04 Mar 1996	£75,995	First Sale
21 GATEWICK LANEDetached, FreeholdArea: 74 Sq.mtrAge: 1983-1990	31 Jan 2022	£350,000	105.88%
	12 Sep 2003	£170,000	33.86%
	17 Apr 2003	£127,000	30.93%
	14 Jun 2000	£97,000	21.26%
	11 Dec 1995	£79,995	First Sale
33 GATEWICK LANEDetached, FreeholdArea: 165 Sq.mtrAge: 1996-2002	23 Jul 2021	£570,000	52.00%
	07 Mar 2014	£375,000	First Sale
25 GATEWICK LANEDetached, FreeholdArea: 145 Sq.mtrAge: 1996-2002	18 Dec 2020	£555,000	226.57%
	31 Mar 1998	£169,950	First Sale
29 GATEWICK LANEDetached, FreeholdArea: 159 Sq.mtrAge: 1996-2002	31 May 2019	£515,000	224.00%
	27 Mar 1998	£158,950	First Sale
39 GATEWICK LANEDetached, FreeholdArea: 161 Sq.mtrAge: 1996-2002	20 Oct 2017	£542,000	201.11%
	30 Mar 1999	£180,000	6.51%
	05 Dec 1997	£169,000	First Sale
35 GATEWICK LANEDetached, FreeholdArea: 147.68 Sq.mtrAge: 1996-2002	28 Apr 2017	£550,000	50.68%
	19 Aug 2011	£365,000	First Sale
31 GATEWICK LANEDetached, FreeholdArea: 143 Sq.mtrAge: 1996-2002	21 Feb 2014	£365,000	39.31%
	19 Apr 2002	£262,000	24.76%
	27 Apr 2000	£210,000	22.13%
	31 Mar 1998	£171,950	First Sale
11 GATEWICK LANEDetached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	18 Nov 2013	£227,000	First Sale
41 GATEWICK LANEDetached, FreeholdArea: 131 Sq.mtrAge: 1996-2002	23 May 2013	£365,000	8.96%
	17 Feb 2006	£335,000	48.89%
	01 Dec 2000	£225,000	45.21%
	19 Dec 1997	£154,950	First Sale
13 GATEWICK LANEDetached, FreeholdArea: 79 Sq.mtrAge: 1991-1995	26 Feb 2010	£55,000	-42.11%
	24 Jul 1998	£95,000	First Sale
9 GATEWICK LANEDetached, FreeholdArea: 95 Sq.mtrAge: 1983-1990	30 Jul 2004	£225,000	188.46%
	02 May 1997	£78,000	First Sale
37 GATEWICK LANEDetached, Freehold	10 Sep 2003	£272,000	71.12%
37 GATEWICK LANEDetached, Freehold	18 Dec 1997	£158,950	First Sale
17 GATEWICK LANEDetached, Freehold	21 Nov 2001	£167,000	63.73%
17 GATEWICK LANEDetached, Freehold	21 Apr 1995	£102,000	First Sale
15 GATEWICK LANESemi-Detached, Freehold	10 Sep 1999	£110,000	First Sale

Check out the sold house prices near the MK7 8LH postcode. Properties currently for saleProperties currently for rent

GATEWICK LANE, MK7 8LH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK7 8LH 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 MK7 8LH postcode.

Detached
- The average price is around £249,271 median price is £214,000 Standard Deviation is £148,327 with Total Sold: 635
- The Last 5 Year average price is £546,841 with Total Sold: 44
- The most recent sale happened at this postcode is , 14 CALDECOTTE LANE: £410,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 11 LONGHEDGE: £89,000 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £146,965 median price is £133,750 Standard Deviation is £88,629 with Total Sold: 208
- The Last 5 Year average price is £312,556 with Total Sold: 18
- The most recent sale happened at this postcode is , 12 TREDINGTON GROVE: £315,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 27 LONGHEDGE: £55,000 (Sold on 07 Feb 1995)
Flat
- The average price is around £175,053 median price is £173,000 Standard Deviation is £128,949 with Total Sold: 166
- The Last 5 Year average price is £213,971 with Total Sold: 34
- The most recent sale happened at this postcode is , 79 FELSTED: £78,000 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is , 20 ONSLOW COURT: £10,000 (Sold on 08 Mar 1995)
Terraced
- The average price is around £158,998 median price is £124,500 Standard Deviation is £145,739 with Total Sold: 194
- The Last 5 Year average price is £346,125 with Total Sold: 12
- The most recent sale happened at this postcode is , 68 LONGHEDGE: £245,000 (Sold on 09 Jun 2023)
- The first recorded sale happened at this postcode is , 31 LONGHEDGE: £50,750 (Sold on 21 Apr 1995)
Other
- The average price is around £3,265,938 median price is £544,000 Standard Deviation is £6,264,733 with Total Sold: 6
- The Last 5 Year average price is £4,681,907 with Total Sold: 4
- The most recent sale happened at this postcode is , 10 COPPERHOUSE COURT: £620,000 (Sold on 14 Jun 2022)
- The first recorded sale happened at this postcode is , 10 COPPERHOUSE COURT: £400,000 (Sold on 15 Jun 2015)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£377,833		3
2023	£576,955	£4,899	11
2022	£505,556	£5,079	9
2021	£609,050	£3,812	10
2020	£548,700	£3,650	5
2019	£532,833	£3,554	6
2018	£491,929	£4,053	7
2017	£464,000	£3,788	12
2016	£432,412	£3,716	12
2015	£428,593	£3,335	16
2014	£351,562	£2,851	16
2013	£316,463	£2,709	15
2012	£351,462	£2,644	13
2011	£328,806	£2,504	12
2010	£299,252	£2,333	10
2009	£283,999	£2,399	9
2008	£327,850	£2,050	10
2007	£328,722	£2,576	18
2006	£274,031	£2,411	16
2005	£313,850	£2,495	20
2004	£294,071	£2,198	28
2003	£244,423	£2,142	26
2002	£220,067	£1,887	35
2001	£184,190	£1,494	38
2000	£207,834	£1,426	36
1999	£172,393	£1,218	46
1998	£170,666	£1,161	56
1997	£127,783	£991	47
1996	£93,755	£930	47
1995	£91,387	£836	46

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£315,000		1
2023	£255,000	£5,000	1
2022	£367,417	£4,885	6
2021	£312,700	£4,781	5
2020	£305,000	£4,485	1
2019	£245,750	£3,752	4
2018	£317,167	£4,118	3
2017	£264,125	£4,542	4
2016	£192,833	£4,402	3
2015	£271,498	£3,551	2
2014	£214,917	£2,741	6
2013	£166,500	£3,140	2
2012	£191,833	£2,336	3
2011	£208,600	£2,080	5
2010	£203,862	£2,849	4
2009	£185,100	£2,818	5
2008	£213,107	£2,370	14
2007	£150,071	£2,658	7
2006	£132,714	£1,922	7
2005	£165,178	£2,369	7
2004	£150,361	£2,049	9
2003	£144,317	£2,329	11
2002	£121,950	£1,777	11
2001	£102,020	£1,532	15
2000	£103,249	£1,390	9
1999	£74,107	£1,186	13
1998	£58,690	£1,040	5
1997	£54,339	£794	10
1996	£69,622	£953	11
1995	£58,510	£861	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£131,667		3
2023	£289,000	£3,311	7
2022	£245,833	£2,629	6
2021	£180,278	£2,064	9
2020	£73,750	£1,432	2
2019	£230,286	£2,818	7
2018	£231,216	£2,069	8
2017	£190,772	£2,761	9
2016	£53,875	£1,042	6
2015	£178,500	£2,132	5
2014	£136,177	£1,716	7
2013	£190,000	£2,381	5
2012	£176,900	£1,737	4
2011	£53,500	£978	1
2010	£150,493	£2,113	7
2009	£243,176	£2,246	17
2008	£234,327	£2,816	33
2007	£148,750	£1,807	2
2006	£250,000	£1,701	1
2005	£80,000	£1,455	1
2003	£41,467	£774	3
2002	£23,000	£535	1
2001	£60,125	£1,218	4
2000	£15,500	£417	2
1999	£27,399	£392	5
1998	£27,500	£500	1
1997	£17,333	£301	3
1996	£13,780	£252	5
1995	£42,498	£278	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,000	£4,712	1
2022	£412,500	£4,460	4
2021	£286,167	£4,455	3
2020	£220,000	£4,314	1
2019	£393,333	£4,885	3
2018	£264,500	£5,215	4
2017	£355,500	£4,048	4
2016	£405,312	£3,816	8
2015	£443,498	£2,724	2
2014	£181,250	£3,368	4
2013	£172,167	£2,779	3
2012	£282,940	£2,408	5
2011	£257,143	£2,591	7
2010	£99,250	£2,132	2
2009	£177,429	£2,052	7
2008	£436,000	£2,775	4
2007	£154,642	£2,664	7
2006	£132,995	£2,365	13
2005	£161,417	£2,487	6
2004	£122,407	£2,526	7
2003	£132,139	£2,239	9
2002	£109,450	£1,873	10
2001	£107,034	£1,538	13
2000	£74,499	£1,299	8
1999	£105,000	£1,073	6
1998	£68,538	£1,046	13
1997	£48,544	£805	10
1996	£51,094	£865	21
1995	£50,510	£866	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£620,000		1
2020	£420,000	£1,375	2
2019	£17,267,628		1
2016	£468,000		1
2015	£400,000		1

House Type in MK7 8LH area

The most common house types in the MK7 8LH postcode area are Detached (89), Flat (48), and Semi-detached (34).

Total	187
Detached	89
Flat	48
Semi-detached	34
Terraced	15
converted building	1
Shared house	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (50), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan	50
Owned: Owns outright	46
Private rented: Private landlord or letting agency	40
Social rented: Other social rented	37
Shared ownership: Shared ownership	13
Private rented: Other private rented	3
Social rented: Rents from council or Local Authority	2
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the MK7 8LH have 2 people in household (71), and 1 person in household (48).

2 people in household	71
1 person in household	48
3 people in household	41
4 people in household	24
5 people in household	2
7 people in household	2
6 people in household	1
8 or more people in household	1
0 people in household	0