Otterburn Crescent - MK5 6LY
Key Postcode Insights
MK5 6LY is a residential postcode situated on Otterburn Crescent, Oakhill, Milton Keynes, MK5 with 31 addresses.
It ranks as the 320th largest and 65th most expensive of the 379 postcodes in the MK5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 20 houses and 11 flats.
- Ave. Sale Price
- £289,593
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,593pcm
- 10 Year change
- up 43.1%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
MK5 6LY is a residential postcode situated on Otterburn Crescent, Oakhill, Milton Keynes, MK5 with 31 addresses.
It ranks as the 320th largest and 65th most expensive of the 379 postcodes in the MK5 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 31 properties: 20 houses and 11 flats.
- Ave. Sale Price
- £289,593
- 10 Year change
- up 22.9%
- Ave. Rental Price
- £1,593pcm
- 10 Year change
- up 43.1%
- Ave. £ per ft²
- £298/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin MK5 6LY
- 1 Otterburn Crescent
5 Bed Modern House
- 3 Otterburn Crescent
4 Bed House
- 5 Otterburn Crescent
3 Bed Modern House
- 7 Otterburn Crescent
3 Bed Modern House
- 9 Otterburn Crescent
4 Bed Modern House
Sales Market Trends
The last sale in MK5 6LY sold for £259,700 on 6th January 2026. Since then prices are down an average of 0.2%.
The current average value in the postcode is £289,593.
The MK5 6LY Sales Market has increased by 22.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £289,593 |
| June 2025 | 3% | £289,916 |
| June 2024 | -1.3% | £281,531 |
| June 2023 | 3.8% | £285,318 |
| June 2022 | 7% | £274,825 |
| June 2021 | 1.1% | £256,739 |
| June 2020 | 1.8% | £254,055 |
| June 2019 | -0.6% | £249,531 |
| June 2018 | 1.4% | £251,032 |
| June 2017 | 5% | £247,510 |
| June 2016 | 10.9% | £235,639 |
| June 2015 | 10.8% | £212,568 |
| June 2014 | 9.7% | £191,856 |
| June 2013 | 3.9% | £174,882 |
| June 2012 | 1.1% | £168,312 |
| June 2011 | 1.5% | £166,466 |
| June 2010 | 10.6% | £164,067 |
| June 2009 | -12.7% | £148,293 |
| June 2008 | -4.1% | £169,841 |
| June 2007 | 0% | £177,058 |
Rental Market Trends
The current average rental value in the postcode is £1,593.
The MK5 6LY Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,593pcm |
| June 2025 | 2.4% | £1,535pcm |
| June 2024 | 6.9% | £1,499pcm |
| June 2023 | 9.4% | £1,403pcm |
| June 2022 | 8.6% | £1,282pcm |
| June 2021 | 4.6% | £1,180pcm |
| June 2020 | 0.1% | £1,129pcm |
| June 2019 | -0.7% | £1,127pcm |
| June 2018 | 1.5% | £1,135pcm |
| June 2017 | 0.4% | £1,118pcm |
| June 2016 | 6% | £1,113pcm |
| June 2015 | 7.9% | £1,051pcm |
| June 2014 | 5.2% | £974pcm |
| June 2013 | 1.5% | £926pcm |
| June 2012 | 2% | £912pcm |
| June 2011 | 2.9% | £894pcm |
| June 2010 | 3.8% | £869pcm |
| June 2009 | -6.9% | £838pcm |
| June 2008 | 1.2% | £899pcm |
| June 2007 | 0% | £889pcm |
Sales History
The last sale was on 6th January 2026 for £259,700 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 74 sales since 1995.
MK5 6LY has seen 8 sales in the last three years and 3 sales in the last twelve months.
- Sold Jan 2026£259,700 | 3 Bed House25, Otterburn Crescent, Milton Keynes, MK5 6LY25, Otterburn Crescent, Milton Keynes, MK5 6LY
- Sold Dec 2025£175,000 | 3 Bed Flat55, Otterburn Crescent, Milton Keynes, MK5 6LY55, Otterburn Crescent, Milton Keynes, MK5 6LY
- Sold Sep 2025£250,000 | 3 Bed House37, Otterburn Crescent, Milton Keynes, MK5 6LY37, Otterburn Crescent, Milton Keynes, MK5 6LY
- Sold Jan 2025£350,000 | 3 Bed House19, Otterburn Crescent, Milton Keynes, MK5 6LY19, Otterburn Crescent, Milton Keynes, MK5 6LY
- Sold Jan 2025£255,000 | 3 Bed House23, Otterburn Crescent, Milton Keynes, MK5 6LY23, Otterburn Crescent, Milton Keynes, MK5 6LY
Nearby Postcodes
MK5 6LY is the 320th largest and the 65th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 6GB, Chalgrove Field, Oakhill, Milton Keynes, MK5MK5 6GB10 Addresses|58 m away
- MK5 6LX, Otterburn Crescent, Oakhill, Milton Keynes, MK5MK5 6LX52 Addresses|62 m away
- MK5 6GA, Clifton Moor, Oakhill, Milton Keynes, MK5MK5 6GA27 Addresses|91 m away
- MK5 6FU, Oakhill Road, Oakhill, Milton Keynes, MK5MK5 6FU12 Addresses|116 m away
- MK5 6BF, Barnet Close, Oakhill, Milton Keynes, MK5MK5 6BF6 Addresses|133 m away
Property Types
- 14 modern houses built after 1980
- 11 modern flats built after 1980
- 1 house of an unknown age
- 5 other addresses of unknown type
- modern house (14)
- modern flat (11)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 25 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (25)
- G (0)
- D (0)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold Jun 2017£490,000 | 4 Bed House30, Otterburn Crescent, Milton Keynes, MK5 6LX30, Otterburn Crescent, Milton Keynes, MK5 6LX
- Sold Aug 2014£417,000 | 5 Bed House32, Otterburn Crescent, Milton Keynes, MK5 6LX32, Otterburn Crescent, Milton Keynes, MK5 6LX
- Sold Dec 2005£410,000 | 5 Bed House22, Otterburn Crescent, Milton Keynes, MK5 6LX22, Otterburn Crescent, Milton Keynes, MK5 6LX
Schools Nearby
- Christ the Sower Ecumenical Primary School500 m away
- Oxley Park Academy1.0 km away
- Long Meadow School1.3 km away
- The Hazeley Academy300 m away
- Denbigh School1.6 km away
- Shenley Brook End School1.7 km away
More reading links
Public Transport Nearby
The closest station to MK5 6LY is Milton Keynes Central station, which is 3.1 kilometres away.
- Milton Keynes Central|3.1 km away
- Wolverton|5.5 km away
- Bletchley|5.6 km away
- Fenny Stratford|6.6 km away
