Parsons Crescent - MK5 7BN
Key Postcode Insights
MK5 7BN is a residential postcode situated on Parsons Crescent, Shenley Lodge, Milton Keynes, MK5 with 38 addresses.
It ranks as the 343rd largest and 7th most expensive of the 379 postcodes in the MK5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 38 properties: 38 flats.
- Ave. Sale Price
- £105,677
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Key Postcode Insights
MK5 7BN is a residential postcode situated on Parsons Crescent, Shenley Lodge, Milton Keynes, MK5 with 38 addresses.
It ranks as the 343rd largest and 7th most expensive of the 379 postcodes in the MK5 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 38 properties: 38 flats.
- Ave. Sale Price
- £105,677
- 10 Year change
- up 16.0%
- Ave. Rental Price
- £765pcm
- 10 Year change
- up 34.8%
- Ave. £ per ft²
- £232/ft²
- Ave. Gross Yield
- 8.7%/year/yr
Explore Propertiesin MK5 7BN
- 1 Parsons Crescent
Unknown
- 2 Parsons Crescent
1 Bed Modern Flat
- 3 Parsons Crescent
1 Bed Mid-century Flat
- 4 Parsons Crescent
1 Bed Modern Flat
- 5 Parsons Crescent
1 Bed Modern Flat
Sales Market Trends
The current average value in the postcode is £105,677.
The MK5 7BN Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.8% | £105,677 |
| June 2025 | 3% | £103,824 |
| June 2024 | -1.6% | £100,790 |
| June 2023 | 3.1% | £102,397 |
| June 2022 | 5.2% | £99,325 |
| June 2021 | -1.3% | £94,428 |
| June 2020 | 1.4% | £95,685 |
| June 2019 | -0.6% | £94,396 |
| June 2018 | -0.5% | £94,986 |
| June 2017 | 4.8% | £95,440 |
| June 2016 | 10.7% | £91,102 |
| June 2015 | 10.9% | £82,298 |
| June 2014 | 9.4% | £74,208 |
| June 2013 | 3% | £67,858 |
| June 2012 | 0.1% | £65,906 |
| June 2011 | 0.8% | £65,860 |
| June 2010 | 7.7% | £65,353 |
| June 2009 | -12.9% | £60,686 |
| June 2008 | -3.4% | £69,635 |
| June 2007 | 0% | £72,058 |
Rental Market Trends
The current average rental value in the postcode is £765.
The MK5 7BN Rental Market has increased by 34.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.7% | £765pcm |
| June 2025 | 2.3% | £724pcm |
| June 2024 | 6.9% | £707pcm |
| June 2023 | 8.1% | £661pcm |
| June 2022 | 6.9% | £612pcm |
| June 2021 | 2.6% | £572pcm |
| June 2020 | -0.4% | £558pcm |
| June 2019 | -1.2% | £560pcm |
| June 2018 | -0.1% | £567pcm |
| June 2017 | 0% | £568pcm |
| June 2016 | 5.6% | £568pcm |
| June 2015 | 8.3% | £538pcm |
| June 2014 | 5.3% | £497pcm |
| June 2013 | 0.2% | £471pcm |
| June 2012 | 1.1% | £470pcm |
| June 2011 | 1.8% | £465pcm |
| June 2010 | 1% | £457pcm |
| June 2009 | -6.8% | £452pcm |
| June 2008 | 2% | £485pcm |
| June 2007 | 0% | £476pcm |
Nearby Postcodes
MK5 7BN is the 343rd largest and the 7th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 7DD, Faraday Drive, Shenley Lodge, Milton Keynes, MK5MK5 7DD38 Addresses|44 m away
- MK5 7BW, Parsons Crescent, Shenley Lodge, Milton Keynes, MK5MK5 7BW20 Addresses|63 m away
- MK5 7HQ, Faraday Drive, Shenley Lodge, Milton Keynes, MK5MK5 7HQ30 Addresses|92 m away
- MK5 7BX, Carnot Close, Shenley Lodge, Milton Keynes, MK5MK5 7BX8 Addresses|106 m away
- MK5 7GT, Volta Rise, Shenley Lodge, Milton Keynes, MK5MK5 7GT10 Addresses|113 m away
Property Types
- 30 modern flats built after 1980
- 1 mid-century flat built between 1936 and 1979
- 7 other addresses of unknown type
- modern flat (30)
- mid-century flat (1)
- Unknown (7)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (24)
- G (0)
- D (7)
- No EPC (7)
Schools Nearby
- Caroline Haslett Primary School300 m away
- Glastonbury Thorn School800 m away
- Merebrook Infant School1.0 km away
- Denbigh School1.4 km away
- Shenley Brook End School1.4 km away
- St Paul's Catholic School1.8 km away
More reading links
Public Transport Nearby
The closest station to MK5 7BN is Milton Keynes Central station, which is 2.0 kilometres away.
- Milton Keynes Central|2.0 km away
- Bletchley|3.6 km away
- Fenny Stratford|4.4 km away
- Bow Brickhill|5.6 km away