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MK16 0LQ
Home, House Prices, Richmond Way, Milton Keynes, South East
MK16 0LQ

Richmond Way - MK16 0LQ

Last updated Aug 2026

Key Postcode Insights

MK16 0LQ is a residential postcode situated on Richmond Way, Newport Pagnell, MK16 with 21 addresses.

It ranks as the 529th largest of the 722 postcodes in the MK16 area.

The postcode contains a total of 21 properties: 7 houses and 14 other properties.

Ave. Sale Price
£395,283
10 Year change
up 24.9%
Ave. Rental Price
£1,714pcm
10 Year change
up 44.9%
Ave. £ per ft²
£371/ft²
Ave. Gross Yield
5.2%/year/yr
All figures are subject to T&Cs
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Sales Market Trends

The last sale in MK16 0LQ sold for £425,000 on 31st January 2024. Since then prices are up an average of 2.0%.

The current average value in the postcode is £395,283.
The MK16 0LQ Sales Market has increased by 24.9% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-1.3%£395,283
June 20252%£400,600
June 2024-1.5%£392,731
June 20230.9%£398,868
June 202210.3%£395,151
June 20217.2%£358,334
June 2020-0.7%£334,368
June 20190.6%£336,563
June 20181.6%£334,549
June 20174.1%£329,404
June 201613.9%£316,565
June 20158.4%£277,940
June 201412%£256,378
June 20133%£228,885
June 20121.2%£222,171
June 2011-1.7%£219,567
June 201010.5%£223,402
June 2009-11.8%£202,153
June 2008-1.6%£229,083
June 20070%£232,850
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Rental Market Trends

The current average rental value in the postcode is £1,714.
The MK16 0LQ Rental Market has increased by 44.9% over the last 10 years.

PeriodYear on YearAverage Price
June 20263.3%£1,714pcm
June 20251.9%£1,659pcm
June 20245.5%£1,629pcm
June 202310.2%£1,544pcm
June 202210.3%£1,402pcm
June 20214.7%£1,271pcm
June 20201.6%£1,214pcm
June 2019-0.7%£1,195pcm
June 20182.2%£1,203pcm
June 2017-0.4%£1,178pcm
June 20167.6%£1,183pcm
June 20158.5%£1,099pcm
June 20143%£1,013pcm
June 20133.9%£983pcm
June 20122.5%£946pcm
June 20112.1%£923pcm
June 20105.8%£904pcm
June 2009-5.2%£855pcm
June 20085.5%£902pcm
June 20070%£855pcm
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Sales History

The last recorded sale was on 31st January 2024 for £425,000 and since then the market in the area has increased by 2.0%.

MK16 0LQ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.

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Nearby Postcodes

MK16 0LQ is the 529th largest and the 440th most expensive postcode out of the 722 postcodes in the MK16 area.

Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
  • The most common rating is C.
  • A (0)
  • E (0)
  • B (0)
  • F (0)
  • C (3)
  • G (0)
  • D (3)
  • No EPC (15)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to MK16 0LQ is Tickford Park Primary School, which is 400 metres away.
  • Tickford Park Primary School
    400 m away
  • Cedars Primary School
    600 m away
  • Green Park School
    700 m away
The nearest secondary school is E-Act Ousedale School, which is 800 metres away.
  • E-Act Ousedale School
    800 m away
  • Stantonbury School
    4.0 km away
  • The Milton Keynes Academy
    6.1 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to MK16 0LQ is Wolverton station, which is 5.8 kilometres away.

  • Wolverton
    |
    5.8 km away
  • Milton Keynes Central
    |
    6.2 km away
  • Woburn Sands
    |
    8.4 km away
  • Bow Brickhill
    |
    8.6 km away
Source: National Rail
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