Thomas Drive - MK16 8TH
Key Postcode Insights
MK16 8TH is a residential postcode situated on Thomas Drive, Newport Pagnell, MK16 with 18 addresses.
It ranks as the 493rd largest and 518th most expensive of the 722 postcodes in the MK16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £495,897
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
MK16 8TH is a residential postcode situated on Thomas Drive, Newport Pagnell, MK16 with 18 addresses.
It ranks as the 493rd largest and 518th most expensive of the 722 postcodes in the MK16 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 18 properties: 18 houses.
- Ave. Sale Price
- £495,897
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £1,759pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £406/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin MK16 8TH
- 2 Thomas Drive
Unknown
- 4 Thomas Drive
Unknown
- 6 Thomas Drive
Unknown
- 8 Thomas Drive
3 Bed House
- 10 Thomas Drive
3 Bed Modern House
Sales Market Trends
The last sale in MK16 8TH sold for £570,000 on 24th April 2025. Since then prices are down an average of 1.6%.
The current average value in the postcode is £495,897.
The MK16 8TH Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £495,897 |
| June 2025 | 1.8% | £502,050 |
| June 2024 | -1.3% | £492,960 |
| June 2023 | 1% | £499,500 |
| June 2022 | 10.2% | £494,382 |
| June 2021 | 7.2% | £448,800 |
| June 2020 | -0.6% | £418,618 |
| June 2019 | 0.4% | £421,238 |
| June 2018 | 1.6% | £419,696 |
| June 2017 | 4.4% | £413,262 |
| June 2016 | 13.8% | £395,839 |
| June 2015 | 8.7% | £347,914 |
| June 2014 | 11.9% | £320,075 |
| June 2013 | 3% | £286,033 |
| June 2012 | 1.2% | £277,799 |
| June 2011 | -1.8% | £274,459 |
| June 2010 | 10.8% | £279,360 |
| June 2009 | -11.8% | £252,106 |
| June 2008 | -1.7% | £285,903 |
| June 2007 | 0% | £290,904 |
Rental Market Trends
The current average rental value in the postcode is £1,759.
The MK16 8TH Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,759pcm |
| June 2025 | 1.8% | £1,701pcm |
| June 2024 | 5.7% | £1,671pcm |
| June 2023 | 10.1% | £1,581pcm |
| June 2022 | 10.2% | £1,436pcm |
| June 2021 | 4.9% | £1,303pcm |
| June 2020 | 1.5% | £1,242pcm |
| June 2019 | -0.7% | £1,224pcm |
| June 2018 | 2.2% | £1,234pcm |
| June 2017 | -0.3% | £1,206pcm |
| June 2016 | 7.4% | £1,210pcm |
| June 2015 | 8.5% | £1,127pcm |
| June 2014 | 3.2% | £1,039pcm |
| June 2013 | 3.7% | £1,007pcm |
| June 2012 | 2.6% | £971pcm |
| June 2011 | 2.3% | £947pcm |
| June 2010 | 5.8% | £925pcm |
| June 2009 | -5.2% | £875pcm |
| June 2008 | 5.1% | £923pcm |
| June 2007 | 0% | £878pcm |
Sales History
The last sale was on 24th April 2025 for £570,000 and since then the market in the area has decreased by 1.6%. The postcode has had a total of 22 sales since 1995.
MK16 8TH has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£570,000 | 4 Bed House26, Thomas Drive, Newport Pagnell, MK16 8TH26, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Mar 2025£511,000 | 4 Bed House26, Thomas Drive, Newport Pagnell, MK16 8TH26, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Aug 2021£390,000 | 4 Bed House14, Thomas Drive, Newport Pagnell, MK16 8TH14, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Feb 2019£335,000 | 3 Bed House10, Thomas Drive, Newport Pagnell, MK16 8TH10, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Dec 2010£240,000 | 4 Bed House20, Thomas Drive, Newport Pagnell, MK16 8TH20, Thomas Drive, Newport Pagnell, MK16 8TH
Nearby Postcodes
MK16 8TH is the 493rd largest and the 518th most expensive postcode out of the 722 postcodes in the MK16 area.
- MK16 8TD, Thomas Drive, Newport Pagnell, MK16MK16 8TD13 Addresses|47 m away
- MK16 8TJ, Heaney Close, Newport Pagnell, MK16MK16 8TJ13 Addresses|71 m away
- MK16 8TA, Auden Close, Newport Pagnell, MK16MK16 8TA11 Addresses|91 m away
- MK16 8SL, Larkin Close, Newport Pagnell, MK16MK16 8SL15 Addresses|121 m away
- MK16 8TB, Housman Close, Newport Pagnell, MK16MK16 8TB14 Addresses|143 m away
Property Types
- 5 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 11 other addresses of unknown type
- modern house (5)
- mid-century house (1)
- house (1)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys 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 (12)
Top 3 Most Expensive Sales
- Sold Apr 2025£570,000 | 4 Bed House26, Thomas Drive, Newport Pagnell, MK16 8TH26, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Mar 2025£511,000 | 4 Bed House26, Thomas Drive, Newport Pagnell, MK16 8TH26, Thomas Drive, Newport Pagnell, MK16 8TH
- Sold Nov 2025£425,000 | 3 Bed House3, Thomas Drive, Newport Pagnell, MK16 8TD3, Thomas Drive, Newport Pagnell, MK16 8TD
Schools Nearby
- Portfields Primary School500 m away
- Cedars Primary School1.5 km away
- Green Park School1.6 km away
- E-Act Ousedale School1.5 km away
- Stantonbury School4.0 km away
- The Radcliffe School6.5 km away
More reading links
Public Transport Nearby
The closest station to MK16 8TH is Wolverton station, which is 5.1 kilometres away.
- Wolverton|5.1 km away
- Milton Keynes Central|6.8 km away
- Woburn Sands|10.3 km away
- Bow Brickhill|10.3 km away
