Housing Market Analysis for RACKSTRAW GROVE, MK7 8PZ

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

Overview of Sold House prices

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

Detached
- The average price is around £329,109 median price is £307,500 Standard Deviation is £195,228 with Total Sold: 26
- The Last 5 Year average price is £634,000 with Total Sold: 2
- The most recent sale happened at this postcode is 15A RACKSTRAW GROVE: £703,000 (Sold on 21 Jul 2023)
- The first recorded sale happened at this postcode is 10 RACKSTRAW GROVE: £132,950 (Sold on 15 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK7 8PZ 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
2023	£703,000	£4,916	1
2020	£565,000	£4,036	1
2019	£585,000	£3,690	2
2018	£740,000	£4,684	1
2017	£680,000	£4,816	1
2013	£380,000	£2,610	1
2010	£390,000	£2,762	1
2008	£375,000	£2,576	1
2006	£320,000	£2,198	2
2004	£324,995		1
2003	£319,000	£1,909	2
2002	£295,000	£2,063	1
1999	£170,000	£1,183	2
1998	£167,000	£1,164	3
1997	£169,995	£924	1
1995	£128,970	£669	5

All the Sales in the RACKSTRAW GROVE, MK7 8PZ

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

Address	Sold Date	Price	% Change
15A RACKSTRAW GROVEDetached, FreeholdArea: 143 Sq.mtrAge: 1996-2002	21 Jul 2023	£703,000	157.51%
	03 Jan 2003	£273,000	-7.46%
	17 Oct 2002	£295,000	First Sale
17 RACKSTRAW GROVEDetached, FreeholdArea: 140 Sq.mtrAge: 1991-1995	21 Dec 2020	£565,000	246.63%
	17 Apr 1998	£163,000	First Sale
14 RACKSTRAW GROVEDetached, Freehold	12 Jul 2019	£550,000	323.24%
14 RACKSTRAW GROVEDetached, Freehold	19 Oct 1995	£129,950	First Sale
16 RACKSTRAW GROVEDetached, FreeholdArea: 168 Sq.mtrAge: 1991-1995	22 Mar 2019	£620,000	First Sale
3 RACKSTRAW GROVEDetached, FreeholdArea: 158 Sq.mtrAge: 1983-1990	16 Nov 2018	£740,000	First Sale
15 RACKSTRAW GROVEDetached, FreeholdArea: 141.2 Sq.mtrAge: 1983-1990	19 Dec 2017	£680,000	74.36%
	11 Jun 2010	£390,000	133.53%
	19 Nov 1999	£167,000	42.74%
	06 Oct 1995	£117,000	First Sale
1 RACKSTRAW GROVEDetached, FreeholdArea: 145.58 Sq.mtrAge: 1983-1990	11 Apr 2013	£380,000	1.33%
	28 Jan 2008	£375,000	17.19%
	12 Jul 2006	£320,000	First Sale
13 RACKSTRAW GROVEDetached, Freehold	22 Jun 2006	£320,000	First Sale
10A RACKSTRAW GROVEDetached, Freehold	11 Aug 2004	£324,995	First Sale
4 RACKSTRAW GROVEDetached, Freehold	16 Dec 2003	£365,000	First Sale
9 RACKSTRAW GROVEDetached, Freehold	18 Jun 1999	£173,000	First Sale
8 RACKSTRAW GROVEDetached, Freehold	15 Jul 1998	£175,000	16.71%
8 RACKSTRAW GROVEDetached, Freehold	24 Mar 1995	£149,950	First Sale
2 RACKSTRAW GROVEDetached, Freehold	24 Apr 1998	£163,000	First Sale
6 RACKSTRAW GROVEDetached, FreeholdArea: 184 Sq.mtrAge: 1991-1995	23 Oct 1997	£169,995	First Sale
12 RACKSTRAW GROVEDetached, FreeholdArea: 226 Sq.mtrAge: 1991-1995	28 Jun 1995	£115,000	First Sale
10 RACKSTRAW GROVEDetached, Freehold	15 Mar 1995	£132,950	First Sale

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

RACKSTRAW GROVE, MK7 8PZ Near By properties

Interactive Map

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

Detached
- The average price is around £248,503 median price is £202,975 Standard Deviation is £163,488 with Total Sold: 1,000
- The Last 5 Year average price is £559,895 with Total Sold: 81
- The most recent sale happened at this postcode is , 15 BOYCE CRESCENT: £680,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 9 BRITTEN GROVE: £134,995 (Sold on 20 Jan 1995)
Flat
- The average price is around £49,658 median price is £38,995 Standard Deviation is £33,939 with Total Sold: 183
- The Last 5 Year average price is £116,723 with Total Sold: 11
- The most recent sale happened at this postcode is , 19 BANTOCK CLOSE: £165,000 (Sold on 30 Jul 2024)
- The first recorded sale happened at this postcode is , 68 BRUCKNER GARDENS: £13,995 (Sold on 03 Mar 1995)
Terraced
- The average price is around £101,988 median price is £74,498 Standard Deviation is £68,089 with Total Sold: 214
- The Last 5 Year average price is £232,200 with Total Sold: 15
- The most recent sale happened at this postcode is , 43 BANTOCK CLOSE: £248,000 (Sold on 04 Apr 2024)
- The first recorded sale happened at this postcode is , 17 RODWELL GARDENS: £49,950 (Sold on 28 Feb 1995)
Semi-Detached
- The average price is around £128,388 median price is £111,000 Standard Deviation is £80,406 with Total Sold: 341
- The Last 5 Year average price is £280,925 with Total Sold: 20
- The most recent sale happened at this postcode is , 5 ARNE LANE: £97,500 (Sold on 19 Sep 2023)
- The first recorded sale happened at this postcode is , 32 RODWELL GARDENS: £52,500 (Sold on 17 Feb 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£603,857	£4,608	7
2023	£630,455	£4,407	11
2022	£596,619	£4,359	21
2021	£550,365	£4,028	26
2020	£459,438	£4,043	16
2019	£519,312	£3,497	16
2018	£515,667	£4,139	9
2017	£586,000	£3,863	12
2016	£449,406	£3,783	16
2015	£395,105	£3,294	19
2014	£399,587	£2,788	23
2013	£365,292	£2,599	24
2012	£348,316	£2,689	19
2011	£294,800	£2,474	15
2010	£275,093	£2,532	15
2009	£277,826	£2,146	23
2008	£306,964	£2,221	14
2007	£310,107	£2,656	28
2006	£289,578	£2,284	42
2005	£270,571	£2,252	28
2004	£264,708	£2,291	34
2003	£257,638	£2,007	47
2002	£212,254	£2,207	38
2001	£185,152	£1,449	35
2000	£190,869	£1,337	58
1999	£160,380	£1,111	86
1998	£143,961	£1,044	71
1997	£121,074	£961	61
1996	£99,105	£889	92
1995	£95,713	£831	94

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		1
2023	£125,000	£2,982	2
2022	£81,300	£1,571	2
2021	£121,770	£2,822	5
2020	£97,500	£1,950	1
2019	£56,250	£1,248	6
2018	£63,688	£1,373	4
2017	£77,667	£1,384	3
2016	£97,500	£1,692	2
2015	£38,667	£999	3
2014	£69,500	£1,935	7
2013	£33,000	£702	1
2012	£58,917	£1,489	3
2011	£55,119	£1,106	8
2010	£57,000	£1,475	3
2009	£45,000	£629	1
2008	£76,083	£1,554	6
2007	£46,300	£1,087	3
2006	£70,106	£1,544	16
2005	£54,535	£1,424	10
2004	£52,183	£1,254	6
2003	£38,214	£919	14
2002	£36,136	£870	11
2001	£25,454	£703	12
2000	£33,045	£755	11
1999	£32,500	£931	5
1998	£27,906	£673	7
1997	£14,749	£246	6
1996	£30,149	£804	22
1995	£13,748	£240	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£248,000	£4,289	1
2023	£281,000	£4,927	5
2022	£260,000	£4,235	1
2021	£277,375	£4,377	4
2020	£115,125	£2,119	4
2019	£148,144	£2,575	4
2018	£230,000	£4,107	1
2017	£240,000	£4,364	1
2016	£188,167	£2,958	3
2015	£150,200	£2,673	5
2014	£156,300	£2,674	5
2013	£129,625	£2,305	4
2012	£125,250	£2,171	4
2011	£135,499	£2,070	8
2010	£162,583	£2,589	6
2009	£131,750	£2,313	4
2008	£121,100	£2,075	9
2007	£117,700	£2,002	7
2006	£84,000	£1,295	8
2005	£111,083	£1,728	6
2004	£112,400	£2,116	10
2003	£116,998	£1,928	10
2002	£85,778	£1,548	17
2001	£58,148	£913	10
2000	£62,232	£1,009	15
1999	£50,850	£882	10
1998	£48,961	£912	13
1997	£47,844	£846	10
1996	£48,652	£846	14
1995	£50,192	£862	15

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£283,125	£4,009	4
2022	£297,000	£4,318	6
2021	£272,833	£4,470	6
2020	£266,750	£4,161	4
2019	£237,900	£4,220	5
2018	£286,714	£4,006	7
2017	£249,480	£3,746	10
2016	£190,998	£3,045	3
2015	£229,299	£3,328	10
2014	£204,333	£3,395	6
2013	£175,688	£2,709	8
2012	£167,500	£3,079	2
2011	£158,583	£2,866	3
2010	£129,400	£1,513	5
2009	£154,250	£2,648	4
2008	£186,417	£2,725	6
2007	£171,264	£2,759	18
2006	£177,374	£2,512	16
2005	£143,300	£2,326	11
2004	£156,350	£2,500	10
2003	£131,416	£2,008	12
2002	£113,175	£1,614	17
2001	£98,762	£1,441	27
2000	£69,770	£1,093	17
1999	£65,708	£952	26
1998	£68,433	£851	24
1997	£53,127	£834	11
1996	£56,699	£814	36
1995	£51,456	£818	27

House Type in MK7 8PZ area

The most common house types in the MK7 8PZ postcode area are Detached (110), Semi-detached (14), and Terraced (1).

Total	125
Detached	110
Semi-detached	14
Terraced	1
Flat	0
Shared house	0
converted building	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 (60), and Owned: Owns outright (55).

Owned: Owns with a mortgage or loan	60
Owned: Owns outright	55
Private rented: Private landlord or letting agency	9
Shared ownership: Shared ownership	1
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK7 8PZ have 2 people in household (41), and 3 people in household (29).

2 people in household	41
3 people in household	29
4 people in household	28
1 person in household	19
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0