Richmond Way - MK16 0LE
Key Postcode Insights
MK16 0LE is a residential postcode situated on Richmond Way, Newport Pagnell, MK16 with 15 addresses.
It ranks as the 420th largest and 198th most expensive of the 722 postcodes in the MK16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 9 houses and 6 other properties.
- Ave. Sale Price
- £312,593
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
MK16 0LE is a residential postcode situated on Richmond Way, Newport Pagnell, MK16 with 15 addresses.
It ranks as the 420th largest and 198th most expensive of the 722 postcodes in the MK16 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 15 properties: 9 houses and 6 other properties.
- Ave. Sale Price
- £312,593
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 46.2%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Properties in MK16 0LE
- 1 Richmond Way
4 Bed Mid-century House
- 2 Richmond Way
House
- 3 Richmond Way
3 Bed Mid-century House
- 4 Richmond Way
4 Bed Mid-century House
- 5 Richmond Way
House
Sales Market Trends
The last sale in MK16 0LE sold for £350,000 on 10th September 2025. Since then prices are down an average of 1.0%.
The current average value in the postcode is £312,593.
The MK16 0LE Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £312,593 |
| June 2025 | 2.3% | £314,986 |
| June 2024 | -1.5% | £307,815 |
| June 2023 | 0.8% | £312,437 |
| June 2022 | 10.6% | £310,075 |
| June 2021 | 6.9% | £280,481 |
| June 2020 | -0.5% | £262,344 |
| June 2019 | 0.7% | £263,726 |
| June 2018 | 1.4% | £262,020 |
| June 2017 | 4.2% | £258,439 |
| June 2016 | 14.5% | £248,141 |
| June 2015 | 8.7% | £216,679 |
| June 2014 | 12.2% | £199,309 |
| June 2013 | 3.3% | £177,594 |
| June 2012 | 1.3% | £171,993 |
| June 2011 | -2.3% | £169,867 |
| June 2010 | 9.7% | £173,911 |
| June 2009 | -12.2% | £158,490 |
| June 2008 | -2% | £180,466 |
| June 2007 | 0% | £184,202 |
Rental Market Trends
The current average rental value in the postcode is £1,536.
The MK16 0LE Rental Market has increased by 46.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,536pcm |
| June 2025 | 2.2% | £1,478pcm |
| June 2024 | 5.5% | £1,446pcm |
| June 2023 | 10% | £1,371pcm |
| June 2022 | 10.6% | £1,246pcm |
| June 2021 | 4.4% | £1,127pcm |
| June 2020 | 1.8% | £1,079pcm |
| June 2019 | -0.7% | £1,061pcm |
| June 2018 | 2% | £1,068pcm |
| June 2017 | -0.3% | £1,047pcm |
| June 2016 | 8.2% | £1,050pcm |
| June 2015 | 8.8% | £970pcm |
| June 2014 | 3.2% | £892pcm |
| June 2013 | 4.2% | £864pcm |
| June 2012 | 2.6% | £830pcm |
| June 2011 | 1.4% | £809pcm |
| June 2010 | 5.1% | £797pcm |
| June 2009 | -5.7% | £759pcm |
| June 2008 | 5.1% | £805pcm |
| June 2007 | 0% | £766pcm |
Sales History
The last recorded sale was on 10th September 2025 for £350,000 and since then the market in the area has decreased by 1.0%.
MK16 0LE has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Sep 2025£350,000 | 4 Bed House1, Richmond Way, Newport Pagnell, MK16 0LE1, Richmond Way, Newport Pagnell, MK16 0LE
- Sold Oct 2023£315,000 | 3 Bed House8, Richmond Way, Newport Pagnell, MK16 0LE8, Richmond Way, Newport Pagnell, MK16 0LE
- Sold Jun 2021£320,000 | 3 Bed House9B, Richmond Way, Newport Pagnell, MK16 0LE9B, Richmond Way, Newport Pagnell, MK16 0LE
Nearby Postcodes
MK16 0LE is the 420th largest and the 198th most expensive postcode out of the 722 postcodes in the MK16 area.
- MK16 0LA, Brockwell, Newport Pagnell, MK16MK16 0LA10 Addresses|40 m away
- MK16 0BX, Caldecote Street, Newport Pagnell, MK16MK16 0BX21 Addresses|52 m away
- MK16 0DD, Caldecote Street, Newport Pagnell, MK16MK16 0DD7 Addresses|67 m away
- MK16 0BY, Caldecote Street, Newport Pagnell, MK16MK16 0BY16 Addresses|70 m away
- MK16 0BU, Caldecote Street, Newport Pagnell, MK16MK16 0BU16 Addresses|107 m away
Property Types
- 1 modern house built after 1980
- 8 mid-century houses built between 1936 and 1979
- 6 other addresses of unknown type
- modern house (1)
- mid-century house (8)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (3)
- G (0)
- D (4)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Apr 2023£570,000 | 4 Bed House93, Richmond Way, Newport Pagnell, MK16 0LQ93, Richmond Way, Newport Pagnell, MK16 0LQ
- Sold Jan 2024£425,000 | 4 Bed House87, Richmond Way, Newport Pagnell, MK16 0LQ87, Richmond Way, Newport Pagnell, MK16 0LQ
- Sold Mar 2024£425,000 | 3 Bed House95, Richmond Way, Newport Pagnell, MK16 0LH95, Richmond Way, Newport Pagnell, MK16 0LH
Schools Nearby
- Cedars Primary School300 m away
- Tickford Park Primary School600 m away
- Green Park School600 m away
- E-Act Ousedale School700 m away
- Stantonbury School4.0 km away
- The Milton Keynes Academy6.3 km away
More reading links
Public Transport Nearby
The closest station to MK16 0LE is Wolverton station, which is 5.6 kilometres away.
- Wolverton|5.6 km away
- Milton Keynes Central|6.3 km away
- Woburn Sands|8.8 km away
- Bow Brickhill|9.0 km away
