Lakes Lane - MK16 8HR
Key Postcode Insights
MK16 8HR is a residential postcode situated on Lakes Lane, Newport Pagnell, MK16 with 32 addresses.
It ranks as the 627th largest and 590th most expensive of the 722 postcodes in the MK16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £596,918
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,865pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £447/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Key Postcode Insights
MK16 8HR is a residential postcode situated on Lakes Lane, Newport Pagnell, MK16 with 32 addresses.
It ranks as the 627th largest and 590th most expensive of the 722 postcodes in the MK16 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 32 properties: 32 houses.
- Ave. Sale Price
- £596,918
- 10 Year change
- up 26.1%
- Ave. Rental Price
- £1,865pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £447/ft²
- Ave. Gross Yield
- 3.7%/year/yr
Explore Propertiesin MK16 8HR
- 32 Lakes Lane
House
- 34A Lakes Lane
5 Bed Modern House
- 34 Lakes Lane
House
- 36 Lakes Lane
5 Bed Mid-century House
- 38 Lakes Lane
House
Sales Market Trends
The last sale in MK16 8HR sold for £510,000 on 11th December 2023. Since then prices are up an average of 1.7%.
The current average value in the postcode is £596,918.
The MK16 8HR Sales Market has increased by 26.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.8% | £596,918 |
| June 2025 | 2.1% | £601,743 |
| June 2024 | -1.3% | £589,514 |
| June 2023 | 0.7% | £597,252 |
| June 2022 | 10.4% | £592,881 |
| June 2021 | 7.2% | £537,002 |
| June 2020 | -0.6% | £500,958 |
| June 2019 | 0.5% | £503,834 |
| June 2018 | 1.5% | £501,180 |
| June 2017 | 4.3% | £493,661 |
| June 2016 | 14.2% | £473,492 |
| June 2015 | 8.6% | £414,734 |
| June 2014 | 12.2% | £381,876 |
| June 2013 | 3.1% | £340,421 |
| June 2012 | 1.3% | £330,117 |
| June 2011 | -2% | £325,951 |
| June 2010 | 10% | £332,650 |
| June 2009 | -11.9% | £302,377 |
| June 2008 | -2% | £343,352 |
| June 2007 | 0% | £350,332 |
Rental Market Trends
The current average rental value in the postcode is £1,865.
The MK16 8HR Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,865pcm |
| June 2025 | 1.9% | £1,796pcm |
| June 2024 | 5.7% | £1,762pcm |
| June 2023 | 9.9% | £1,666pcm |
| June 2022 | 10.4% | £1,516pcm |
| June 2021 | 4.7% | £1,373pcm |
| June 2020 | 1.7% | £1,311pcm |
| June 2019 | -0.8% | £1,289pcm |
| June 2018 | 2.1% | £1,299pcm |
| June 2017 | -0.3% | £1,272pcm |
| June 2016 | 7.9% | £1,275pcm |
| June 2015 | 8.7% | £1,182pcm |
| June 2014 | 3.2% | £1,088pcm |
| June 2013 | 4% | £1,054pcm |
| June 2012 | 2.6% | £1,014pcm |
| June 2011 | 1.8% | £988pcm |
| June 2010 | 5.2% | £970pcm |
| June 2009 | -5.4% | £922pcm |
| June 2008 | 5.1% | £974pcm |
| June 2007 | 0% | £928pcm |
Sales History
The last sale was on 11th December 2023 for £510,000 and since then the market in the area has increased by 1.7%. The postcode has had a total of 39 sales since 1995.
MK16 8HR has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2023£510,000 | 3 Bed House42, Lakes Lane, Newport Pagnell, MK16 8HR42, Lakes Lane, Newport Pagnell, MK16 8HR
- Sold Oct 2019£765,000 | 5 Bed House34A, Lakes Lane, Newport Pagnell, MK16 8HR34A, Lakes Lane, Newport Pagnell, MK16 8HR
- Sold Nov 2016£355,000 | 3 Bed House46, Lakes Lane, Newport Pagnell, MK16 8HR46, Lakes Lane, Newport Pagnell, MK16 8HR
- Sold Aug 2016£525,000 | 4 Bed House62, Lakes Lane, Newport Pagnell, MK16 8HR62, Lakes Lane, Newport Pagnell, MK16 8HR
- Sold Jul 2016£670,000 | 5 Bed House98, Lakes Lane, Newport Pagnell, MK16 8HR98, Lakes Lane, Newport Pagnell, MK16 8HR
Nearby Postcodes
MK16 8HR is the 627th largest and the 590th most expensive postcode out of the 722 postcodes in the MK16 area.
- MK16 8HT, Lakes Lane, Newport Pagnell, MK16MK16 8HT41 Addresses|132 m away
- MK16 8QW, Westbury Close, Newport Pagnell, MK16MK16 8QW6 Addresses|169 m away
- MK16 8HS, Lakes Lane, Newport Pagnell, MK16MK16 8HS22 Addresses|175 m away
- MK16 8FE, Westbury Lane, Newport Pagnell, MK16MK16 8FE10 Addresses|191 m away
- MK16 8FA, Westbury Lane, Newport Pagnell, MK16MK16 8FA50 Addresses|205 m away
Property Types
- 3 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 8 early-century houses built between 1912 and 1935
- 15 other addresses of unknown type
- modern house (3)
- mid-century house (5)
- house (1)
- early-century house (8)
- Unknown (15)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (1)
- F (0)
- C (2)
- G (0)
- D (8)
- No EPC (16)
Top 3 Most Expensive Sales
- Sold Jun 2025£795,000 | 3 Bed HouseThe Firs, Lakes Lane, Newport Pagnell, MK16 8EEThe Firs, Lakes Lane, Newport Pagnell, MK16 8EE
- Sold Oct 2019£765,000 | 5 Bed House34A, Lakes Lane, Newport Pagnell, MK16 8HR34A, Lakes Lane, Newport Pagnell, MK16 8HR
- Sold Jul 2024£685,000 | 4 Bed House121, Lakes Lane, Newport Pagnell, MK16 8HT121, Lakes Lane, Newport Pagnell, MK16 8HT
Schools Nearby
- Cedars Primary School700 m away
- Portfields Primary School700 m away
- Green Park School900 m away
- E-Act Ousedale School800 m away
- Stantonbury School4.0 km away
- The Milton Keynes Academy6.7 km away
More reading links
Public Transport Nearby
The closest station to MK16 8HR is Wolverton station, which is 5.4 kilometres away.
- Wolverton|5.4 km away
- Milton Keynes Central|6.5 km away
- Woburn Sands|9.4 km away
- Bow Brickhill|9.6 km away
