Housing Market Analysis for GATEWICK LANE, MK7 8LU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £322,236 median price is £382,500 Standard Deviation is £124,572 with Total Sold: 7
    • The most recent sale happened at this postcode is 1 GATEWICK LANE: £450,000 (Sold on 06 Sep 2013)
    • The first recorded sale happened at this postcode is INGLEWOOD, 3 GATEWICK LANE: £84,160 (Sold on 15 Oct 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK7 8LU 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
2013£437,5002
2008£415,0001
2003£382,5001
2002£283,0001
1999£215,9951
1998£84,1601

All the Sales in the GATEWICK LANE, MK7 8LU

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

AddressSold DatePrice% Change
1 GATEWICK LANEDetached, Freehold06 Sep 2013£450,0008.43%
17 Apr 2008£415,00046.64%
12 Aug 2002£283,00031.02%
28 May 1999£215,995First Sale
INGLEWOOD, 3 GATEWICK LANEDetached, Freehold12 Jun 2013£425,00011.11%
12 Nov 2003£382,500354.49%
15 Oct 1998£84,160First Sale

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

GATEWICK LANE, MK7 8LU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £247,804 median price is £213,000 Standard Deviation is £147,229 with Total Sold: 653
    • The Last 5 Year average price is £538,826 with Total Sold: 46
    • 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 £146,238 median price is £133,000 Standard Deviation is £87,815 with Total Sold: 213
    • 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 £3,130,090 median price is £620,000 Standard Deviation is £5,809,554 with Total Sold: 7
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£377,8333
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£490,250 £3,581 8
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£347,941 £2,877 17
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£326,263 £2,580 19
2006£274,031 £2,411 16
2005£302,261 £2,444 23
2004£292,275 £2,198 29
2003£240,286 £2,142 28
2002£216,414 £1,848 37
2001£183,468 £1,494 39
2000£207,834 £1,426 36
1999£169,876 £1,218 48
1998£169,426 £1,153 57
1997£126,829 £991 48
1996£93,755 £930 47
1995£91,038 £836 47
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0001
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£124,954 £1,777 12
2001£104,268 £1,532 16
2000£103,249 £1,390 9
1999£76,314 £1,186 14
1998£65,574 £1,040 6
1997£54,339 £794 10
1996£69,622 £953 11
1995£59,330 £861 25
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£131,6673
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
YearAvg. PriceAvg. Price/Sq. mtrSold
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
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£620,0001
2020£420,000 £1,375 2
2019£17,267,6281
2018£2,315,0001
2016£468,0001
2015£400,0001

House Type in MK7 8LU area

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

Total187
Detached89
Flat48
Semi-detached34
Terraced15
converted building1
Shared house0
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 (50), and Owned: Owns outright (46).

Owned: Owns with a mortgage or loan50
Owned: Owns outright46
Private rented: Private landlord or letting agency40
Social rented: Other social rented37
Shared ownership: Shared ownership13
Private rented: Other private rented3
Social rented: Rents from council or Local Authority2
Does not apply0
Lives rent free0

Number of People in a Household

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

2 people in household71
1 person in household48
3 people in household41
4 people in household24
5 people in household2
7 people in household2
6 people in household1
8 or more people in household1
0 people in household0