Lathbury, Newport Pagnell - MK16 8LB
Key Postcode Insights
MK16 8LB is a residential postcode situated on Lathbury, Newport Pagnell, MK16 with 2 addresses.
It ranks as the 57th largest and 527th most expensive of the 722 postcodes in the MK16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £473,520
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,739pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £362/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
MK16 8LB is a residential postcode situated on Lathbury, Newport Pagnell, MK16 with 2 addresses.
It ranks as the 57th largest and 527th most expensive of the 722 postcodes in the MK16 area.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £473,520
- 10 Year change
- up 23.0%
- Ave. Rental Price
- £1,739pcm
- 10 Year change
- up 44.5%
- Ave. £ per ft²
- £362/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Sales Market Trends
The last sale in MK16 8LB sold for £278,000 on 20th July 2007. Since then prices are up an average of 66.9%.
The current average value in the postcode is £473,520.
The MK16 8LB Sales Market has increased by 23.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.8% | £473,520 |
| June 2025 | 1.5% | £482,039 |
| June 2024 | -1.7% | £475,077 |
| June 2023 | 2% | £483,126 |
| June 2022 | 9.2% | £473,746 |
| June 2021 | 6.6% | £433,683 |
| June 2020 | -0.3% | £406,713 |
| June 2019 | 0.2% | £407,906 |
| June 2018 | 1.2% | £407,048 |
| June 2017 | 4.5% | £402,194 |
| June 2016 | 13.1% | £384,849 |
| June 2015 | 9.6% | £340,300 |
| June 2014 | 10.2% | £310,426 |
| June 2013 | 2.6% | £281,742 |
| June 2012 | 1.3% | £274,652 |
| June 2011 | -0.6% | £271,009 |
| June 2010 | 11% | £272,672 |
| June 2009 | -10.5% | £245,756 |
| June 2008 | -2.6% | £274,628 |
| June 2007 | 0% | £281,855 |
Rental Market Trends
The current average rental value in the postcode is £1,739.
The MK16 8LB Rental Market has increased by 44.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £1,739pcm |
| June 2025 | 2.1% | £1,696pcm |
| June 2024 | 5.5% | £1,661pcm |
| June 2023 | 10.2% | £1,575pcm |
| June 2022 | 9.9% | £1,429pcm |
| June 2021 | 5.1% | £1,300pcm |
| June 2020 | 0.7% | £1,237pcm |
| June 2019 | -0.4% | £1,228pcm |
| June 2018 | 2.1% | £1,233pcm |
| June 2017 | 0.3% | £1,208pcm |
| June 2016 | 6.4% | £1,204pcm |
| June 2015 | 8.1% | £1,131pcm |
| June 2014 | 3.6% | £1,046pcm |
| June 2013 | 3% | £1,010pcm |
| June 2012 | 2.2% | £980pcm |
| June 2011 | 3.1% | £959pcm |
| June 2010 | 6.1% | £930pcm |
| June 2009 | -5.4% | £876pcm |
| June 2008 | 4.1% | £926pcm |
| June 2007 | 0% | £890pcm |
Sales History
The last sale was on 20th July 2007 for £278,000 and since then the market in the area has increased by 66.9%. The postcode has had a total of 1 sales since 1995.
MK16 8LB has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
MK16 8LB is the 57th largest and the 527th most expensive postcode out of the 722 postcodes in the MK16 area.
- MK16 8JZ, Lathbury, Newport Pagnell, MK16MK16 8JZ9 Addresses|53 m away
- MK16 8LD, Lathbury, Newport Pagnell, MK16MK16 8LD3 Addresses|146 m away
- MK16 8JY, Church Lane, Lathbury, Newport Pagnell, MK16MK16 8JY11 Addresses|167 m away
- MK16 8JX, Lathbury, Newport Pagnell, MK16MK16 8JX11 Addresses|258 m away
- MK16 8QZ, Northampton Road, Lathbury, Newport Pagnell, MK16MK16 8QZ3 Addresses|357 m away
Property Types
- 1 house of an unknown age
- 1 other address of unknown type
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Nov 2018£2,655,000 | 5 Bed HouseLathbury Park, Newport Pagnell, MK16 8LDLathbury Park, Newport Pagnell, MK16 8LD
- Sold Jul 2014£675,000 | 5 Bed HouseTollgate House, Newport Pagnell, MK16 8JXTollgate House, Newport Pagnell, MK16 8JX
- Sold Sep 2018£600,000 | 3 Bed House1 Red Brick Cottages, Newport Pagnell, MK16 8LE1 Red Brick Cottages, Newport Pagnell, MK16 8LE
Schools Nearby
- Cedars Primary School1.3 km away
- Tickford Park Primary School1.6 km away
- Portfields Primary School1.7 km away
- E-Act Ousedale School2.0 km away
- Stantonbury School5.2 km away
- The Milton Keynes Academy7.8 km away
More reading links
Public Transport Nearby
The closest station to MK16 8LB is Wolverton station, which is 6.5 kilometres away.
- Wolverton|6.5 km away
- Milton Keynes Central|7.7 km away
- Woburn Sands|9.9 km away
- Bow Brickhill|10.4 km away