Housing Market Analysis for DRAKES MEWS, MK8 0ER

Are you looking to understand MK8 0ER 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 MK8 0ER area, explore the MK8 0ER Area information page.
For comprehensive crime statistics in the MK8 0ER area, explore the MK8 0ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK8 0ER postcode area, The average prices are as follows,

  • Other
    • The average price is around £4,100,000 median price is £4,100,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £4,100,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 DRAKES MEWS: £4,100,000 (Sold on 27 Apr 2021)
    • The first recorded sale happened at this postcode is 1 DRAKES MEWS: £4,100,000 (Sold on 27 Apr 2021)

Sold Price Trend Over the Years:

Below table and chart gives the average MK8 0ER 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£4,100,0001

All the Sales in the DRAKES MEWS, MK8 0ER

See the table below for more details on the sold house prices in the MK8 0ER, Milton Keynes postcode.

AddressSold DatePrice% Change
1 DRAKES MEWSOther, Freehold27 Apr 2021£4,100,000First Sale

Check out the sold house prices near the MK8 0ER postcode. Properties currently for saleProperties currently for rent

DRAKES MEWS, MK8 0ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK8 0ER 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 MK8 0ER postcode.

  • Detached
    • The average price is around £219,674 median price is £178,000 Standard Deviation is £161,520 with Total Sold: 878
    • The Last 5 Year average price is £418,645 with Total Sold: 69
    • The most recent sale happened at this postcode is , 55 REDDING GROVE: £370,000 (Sold on 23 Sep 2024)
    • The first recorded sale happened at this postcode is , 21 CRUICKSHANK GROVE: £60,000 (Sold on 04 Jan 1995)
  • Terraced
    • The average price is around £129,228 median price is £102,900 Standard Deviation is £117,066 with Total Sold: 341
    • The Last 5 Year average price is £263,403 with Total Sold: 35
    • The most recent sale happened at this postcode is , 23 CROSBY COURT: £310,000 (Sold on 28 Aug 2024)
    • The first recorded sale happened at this postcode is , 60 ENGAINE DRIVE: £19,200 (Sold on 20 Jan 1995)
  • Semi-Detached
    • The average price is around £122,774 median price is £102,000 Standard Deviation is £84,845 with Total Sold: 1,038
    • The Last 5 Year average price is £247,247 with Total Sold: 87
    • The most recent sale happened at this postcode is , 21 LOWNDES GROVE: £370,000 (Sold on 05 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 SHEPPERDS GREEN: £50,000 (Sold on 23 Jan 1995)
  • Flat
    • The average price is around £57,173 median price is £45,300 Standard Deviation is £40,156 with Total Sold: 188
    • The Last 5 Year average price is £101,803 with Total Sold: 19
    • The most recent sale happened at this postcode is , 42 GRAMWELL: £51,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 MONRO AVENUE: £15,750 (Sold on 03 Feb 1995)
  • Other
    • The average price is around £2,101,595 median price is £382,726 Standard Deviation is £3,290,974 with Total Sold: 16
    • The Last 5 Year average price is £1,405,216 with Total Sold: 9
    • The most recent sale happened at this postcode is , 13 COCHRAN CLOSE: £336,000 (Sold on 27 Apr 2022)
    • The first recorded sale happened at this postcode is , 4 VINCENT AVENUE: £6,550,000 (Sold on 20 Mar 2014)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£400,000 £3,805 2
2023£394,542 £3,890 12
2022£497,571 £4,493 14
2021£464,033 £3,954 15
2020£355,889 £3,051 9
2019£366,029 £3,027 17
2018£330,192 £3,752 13
2017£382,583 £3,147 18
2016£362,623 £3,235 36
2015£331,771 £2,816 32
2014£301,611 £2,734 22
2013£288,318 £2,293 33
2012£278,875 £2,311 16
2011£335,285 £2,472 7
2010£277,250 £2,018 12
2009£242,967 £2,255 15
2008£241,889 £1,942 18
2007£287,058 £2,372 25
2006£254,500 £2,103 35
2005£270,766 £2,186 30
2004£241,315 £1,878 40
2003£212,462 £1,860 32
2002£179,735 £1,469 48
2001£159,149 £1,362 45
2000£163,349 £1,280 61
1999£141,651 £1,018 60
1998£107,909 £989 45
1997£95,382 £939 91
1996£89,493 £833 54
1995£74,959 £721 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£218,3754
2023£258,600 £3,933 5
2022£274,286 £4,275 7
2021£242,586 £3,949 7
2020£239,750 £4,194 10
2019£518,500 £1,349 2
2018£187,166 £3,224 6
2017£187,038 £3,157 13
2016£208,365 £3,575 13
2015£292,958 £3,487 12
2014£158,540 £2,693 10
2013£127,773 £2,096 11
2012£116,333 £2,099 3
2011£249,000 £2,100 5
2010£164,000 £2,377 1
2009£106,411 £2,033 9
2008£123,637 £2,086 8
2007£169,668 £2,544 18
2006£131,962 £2,300 21
2005£122,845 £2,335 10
2004£118,646 £1,918 13
2003£126,905 £1,970 21
2002£74,836 £1,288 20
2001£81,495 £1,427 11
2000£58,821 £1,050 14
1999£51,342 £900 27
1998£44,722 £912 9
1997£48,704 £899 22
1996£39,246 £742 16
1995£31,323 £587 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£315,0004
2023£283,028 £4,120 18
2022£299,464 £4,473 14
2021£224,650 £3,466 20
2020£208,679 £3,185 14
2019£208,765 £3,553 17
2018£226,458 £3,395 24
2017£208,932 £3,343 19
2016£202,456 £2,865 23
2015£188,583 £2,764 24
2014£203,423 £2,678 13
2013£150,611 £2,299 27
2012£153,028 £2,292 18
2011£145,812 £2,210 32
2010£143,442 £2,181 20
2009£127,230 £2,039 13
2008£162,214 £2,300 21
2007£158,744 £2,384 47
2006£169,946 £2,363 49
2005£128,360 £2,006 54
2004£130,595 £2,082 42
2003£119,069 £1,898 60
2002£95,803 £1,530 61
2001£83,981 £1,321 60
2000£64,725 £1,025 54
1999£59,579 £965 76
1998£57,257 £906 54
1997£52,366 £829 80
1996£46,962 £735 52
1995£46,515 £803 28
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£104,3752
2022£147,500 £3,032 2
2021£93,375 £2,218 8
2020£165,500 £4,240 2
2019£70,500 £1,396 5
2018£92,700 £1,970 3
2017£62,200 £1,479 3
2016£75,467 £1,182 3
2015£98,500 £2,525 2
2014£87,733 £2,054 3
2013£88,425 £1,632 4
2012£48,600 £939 1
2011£77,250 £1,414 4
2010£60,000 £924 1
2009£58,062 £1,307 8
2008£84,667 £1,544 6
2007£81,642 £1,611 14
2006£77,937 £1,778 8
2005£54,600 £1,138 9
2004£60,454 £1,073 12
2003£74,333 £1,863 3
2002£61,249 £1,279 12
2001£37,255 £922 10
2000£37,162 £865 12
1999£26,875 £551 8
1998£23,250 £357 8
1997£25,093 £385 14
1996£19,472 £383 10
1995£19,295 £439 11
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£245,0003
2021£1,562,389 £1,032 5
2020£4,100,0001
2018£3,352,142 £793 4
2014£2,523,3333

House Type in MK8 0ER area

The most common house types in the MK8 0ER postcode area are Semi-detached (47), Terraced (47), and Detached (10).

Total106
Semi-detached47
Terraced47
Detached10
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (91), and Owned: Owns outright (7).

Social rented: Other social rented91
Owned: Owns outright7
Owned: Owns with a mortgage or loan4
Social rented: Rents from council or Local Authority4
Private rented: Private landlord or letting agency2
Shared ownership: Shared ownership1
Does not apply0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the MK8 0ER have 2 people in household (33), and 3 people in household (23).

2 people in household33
3 people in household23
1 person in household21
4 people in household20
5 people in household8
7 people in household3
6 people in household2
0 people in household0
8 or more people in household0