Housing Market Analysis for MK8 8LY

Are you looking to understand MK8 8LY 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 8LY area, explore the MK8 8LY Area information page.
For comprehensive crime statistics in the MK8 8LY area, explore the MK8 8LY Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK8 8LY postcode area, The average prices are as follows,

    Sold Price Trend Over the Years:

    Below table and chart gives the average MK8 8LY 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 MK8 8LY

    See the table below for more details on the sold house prices in the MK8 8LY, Milton Keynes postcode.

    AddressSold DatePrice% Change

    Check out the sold house prices near the MK8 8LY postcode. Properties currently for saleProperties currently for rent

    MK8 8LY Near By properties

    Interactive Map

    This Interactive map can help you visualize the nearby sold house in the MK8 8LY 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 8LY postcode.

    • Flat
      • The average price is around £71,465 median price is £62,000 Standard Deviation is £46,723 with Total Sold: 399
      • The Last 5 Year average price is £134,201 with Total Sold: 25
      • The most recent sale happened at this postcode is , 11 CALVIE CROFT: £215,000 (Sold on 09 Aug 2024)
      • The first recorded sale happened at this postcode is , 39 DENMEAD: £22,000 (Sold on 01 May 1995)
    • Semi-Detached
      • The average price is around £122,919 median price is £107,500 Standard Deviation is £79,587 with Total Sold: 256
      • The Last 5 Year average price is £271,421 with Total Sold: 19
      • The most recent sale happened at this postcode is , 38 DOWNLAND: £159,000 (Sold on 03 Jul 2024)
      • The first recorded sale happened at this postcode is , 35 DOWNLAND: £32,500 (Sold on 10 Mar 1995)
    • Detached
      • The average price is around £221,436 median price is £199,950 Standard Deviation is £121,683 with Total Sold: 473
      • The Last 5 Year average price is £442,638 with Total Sold: 38
      • The most recent sale happened at this postcode is , 50 SHORHAM RISE: £440,000 (Sold on 24 Jan 2024)
      • The first recorded sale happened at this postcode is , 35 SHORHAM RISE: £67,500 (Sold on 16 Jan 1995)
    • Terraced
      • The average price is around £92,319 median price is £78,995 Standard Deviation is £57,232 with Total Sold: 403
      • The Last 5 Year average price is £212,125 with Total Sold: 18
      • The most recent sale happened at this postcode is , 4 DENMEAD: £220,000 (Sold on 12 Dec 2023)
      • The first recorded sale happened at this postcode is , 55 DOWNLAND: £42,000 (Sold on 01 Mar 1995)
    • Other
      • The average price is around £2,165,075 median price is £133,225 Standard Deviation is £2,881,411 with Total Sold: 3
      • The Last 5 Year average price is £133,225 with Total Sold: 1
      • The most recent sale happened at this postcode is , 1 DENMEAD: £133,225 (Sold on 08 Mar 2023)
      • The first recorded sale happened at this postcode is , 27 DOWNLAND: £122,000 (Sold on 31 Jan 2014)

    Sold Price Trend Over the Years:

    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£215,0001
    2023£171,667 £2,909 3
    2022£129,285 £3,277 7
    2021£126,818 £3,302 8
    2020£117,583 £3,558 6
    2019£107,571 £2,894 7
    2018£132,089 £3,292 9
    2017£107,733 £2,883 6
    2016£107,050 £2,675 20
    2015£95,917 £2,690 12
    2014£103,828 £2,312 7
    2013£94,869 £1,981 8
    2012£61,333 £2,442 3
    2011£76,750 £1,489 4
    2010£74,375 £2,278 4
    2009£82,750 £1,978 2
    2008£77,900 £2,620 11
    2007£128,893 £2,712 35
    2006£104,738 £2,362 21
    2005£70,176 £2,451 17
    2004£80,722 £2,360 9
    2003£61,950 £1,983 20
    2002£58,656 £1,743 30
    2001£42,497 £1,312 22
    2000£34,729 £1,058 39
    1999£29,527 £827 22
    1998£25,450 £695 22
    1997£20,316 £514 15
    1996£18,537 £552 15
    1995£19,446 £600 14
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£159,0001
    2023£360,000 £4,091 1
    2022£306,600 £4,001 5
    2021£265,000 £3,847 7
    2020£250,000 £3,362 5
    2019£209,214 £3,253 7
    2018£242,500 £3,884 5
    2017£198,944 £3,536 9
    2016£244,998 £3,397 3
    2015£245,000 £2,750 3
    2014£165,000 £2,549 4
    2013£154,500 £1,958 2
    2012£174,333 £1,971 3
    2011£215,000 £2,167 1
    2010£114,500 £1,796 3
    2009£149,812 £2,247 8
    2008£126,200 £1,801 4
    2007£149,917 £2,783 12
    2006£149,565 £2,337 12
    2005£137,350 £2,008 10
    2004£133,263 £2,040 18
    2003£123,250 £2,029 14
    2002£92,165 £1,570 21
    2001£72,874 £1,170 20
    2000£63,747 £1,132 16
    1999£53,174 £841 20
    1998£55,328 £805 16
    1997£46,174 £707 8
    1996£45,606 £708 9
    1995£42,894 £640 9
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£420,000 £4,853 2
    2023£595,000 £4,307 3
    2022£477,750 £4,169 6
    2021£419,859 £3,637 16
    2020£419,182 £3,595 11
    2019£417,143 £3,515 7
    2018£349,545 £3,680 11
    2017£379,000 £3,622 12
    2016£360,750 £3,480 10
    2015£370,818 £2,972 11
    2014£309,450 £2,588 11
    2013£250,682 £2,218 11
    2012£260,893 £2,399 14
    2011£258,830 £2,322 10
    2010£244,320 £2,460 15
    2009£221,245 £2,128 10
    2008£233,111 £2,493 9
    2007£293,166 £2,337 18
    2006£258,334 £2,063 19
    2005£225,800 £2,236 15
    2004£220,891 £2,104 19
    2003£203,916 £1,749 18
    2002£200,115 £1,631 19
    2001£144,074 £1,341 20
    2000£135,308 £1,251 21
    1999£137,113 £1,107 42
    1998£115,649 £1,005 36
    1997£104,501 £916 58
    1996£73,455 £569 11
    1995£98,250 £570 8
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£215,000 £3,782 4
    2022£231,125 £4,227 6
    2021£197,857 £3,594 7
    2020£186,500 £2,784 1
    2019£159,750 £3,192 6
    2018£183,667 £3,443 6
    2017£174,683 £3,138 6
    2016£159,676 £2,840 17
    2015£161,250 £3,083 10
    2014£137,389 £2,560 9
    2013£125,800 £2,317 10
    2012£119,166 £2,314 6
    2011£97,500 £2,137 4
    2010£125,611 £2,204 9
    2009£102,464 £1,956 7
    2008£137,500 £2,816 2
    2007£124,870 £2,718 17
    2006£108,375 £2,126 16
    2005£105,238 £2,128 21
    2004£114,437 £2,070 16
    2003£96,078 £1,898 23
    2002£81,144 £1,553 30
    2001£59,106 £1,266 27
    2000£56,896 £1,122 33
    1999£44,109 £879 29
    1998£42,586 £775 23
    1997£37,049 £716 27
    1996£33,062 £653 20
    1995£26,636 £542 11
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£133,225 £1,959 1
    2014£3,181,000 £2,933 2

    House Type in MK8 8LY area

    The most common house types in the MK8 8LY postcode area are Detached (96), Terraced (21), and Semi-detached (13).

    Total136
    Detached96
    Terraced21
    Semi-detached13
    Flat5
    commercial building1
    Shared house0
    converted 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 (55), and Owned: Owns outright (40).

    Owned: Owns with a mortgage or loan55
    Owned: Owns outright40
    Shared ownership: Shared ownership26
    Private rented: Private landlord or letting agency12
    Private rented: Other private rented5
    Social rented: Other social rented1
    Does not apply0
    Social rented: Rents from council or Local Authority0
    Lives rent free0

    Number of People in a Household

    The most houses in the MK8 8LY have 2 people in household (48), and 1 person in household (29).

    2 people in household48
    1 person in household29
    4 people in household26
    3 people in household22
    5 people in household11
    7 people in household1
    8 or more people in household1
    0 people in household0
    6 people in household0