MK12 5LZ is a residential postcode situated on Stratford Road, Wolverton, Milton Keynes, MK12 with 8 addresses.
It ranks as the 213th largest and 64th most expensive of the 750 postcodes in the MK12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
MK12 5LZ is a residential postcode situated on Stratford Road, Wolverton, Milton Keynes, MK12 with 8 addresses.
It ranks as the 213th largest and 64th most expensive of the 750 postcodes in the MK12 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
Sale prices range from £133,807 for 1 bedroom leasehold flats (419 ft2) to £217,879 for 2 bedroom freehold houses with a garden (645 ft2) .
Monthly rental prices range from £966 pcm for 1 bed flats to £1,200 pcm for 2 bed houses.
The gross rental yield is between 6.6% and 8.9%.
The average value per square foot is £328.
The last sale in MK12 5LZ sold for £185,000 on 30th June 2022. Since then prices are up an average of 3.0%.
The current average value in the postcode is £178,144.
The MK12 5LZ Sales Market has increased by 25.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.1% | £178,144 |
| April 2025 | 1.5% | £174,493 |
| April 2024 | -1% | £171,935 |
| April 2023 | 2.8% | £173,746 |
| April 2022 | 7.2% | £169,082 |
| April 2021 | 3.7% | £157,683 |
| April 2020 | -0.1% | £152,128 |
| April 2019 | -1.8% | £152,247 |
| April 2018 | 0.4% | £155,023 |
| April 2017 | 8.4% | £154,430 |
| April 2016 | 16.2% | £142,406 |
| April 2015 | 11.3% | £122,565 |
| April 2014 | 8.8% | £110,108 |
| April 2013 | 1.3% | £101,226 |
| April 2012 | 2.1% | £99,927 |
| April 2011 | -3.7% | £97,900 |
| April 2010 | 6.2% | £101,640 |
| April 2009 | -15.3% | £95,666 |
| April 2008 | -0.1% | £112,943 |
| April 2007 | 0% | £113,045 |
The current average rental value in the postcode is £1,099.
The MK12 5LZ Rental Market has increased by 41.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.7% | £1,099pcm |
| April 2025 | 3.3% | £1,050pcm |
| April 2024 | 8% | £1,016pcm |
| April 2023 | 8% | £941pcm |
| April 2022 | 7.1% | £871pcm |
| April 2021 | 3.5% | £813pcm |
| April 2020 | 0.2% | £785pcm |
| April 2019 | -1% | £784pcm |
| April 2018 | 0.8% | £792pcm |
| April 2017 | 1.1% | £786pcm |
| April 2016 | 6.9% | £777pcm |
| April 2015 | 7.7% | £727pcm |
| April 2014 | 4% | £676pcm |
| April 2013 | 1.7% | £650pcm |
| April 2012 | 1.2% | £639pcm |
| April 2011 | 1.8% | £632pcm |
| April 2010 | 1.2% | £620pcm |
| April 2009 | -6.1% | £613pcm |
| April 2008 | 1.8% | £653pcm |
| April 2007 | 0% | £641pcm |
The last sale was on 30th June 2022 for £185,000 and since then the market in the area has increased by 3.0%. The postcode has had a total of 8 sales since 1995.
MK12 5LZ has seen no sales in the last three years and no sales in the last twelve months.
MK12 5LZ is the 213th largest and the 64th most expensive postcode out of the 750 postcodes in the MK12 area.
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