MK5 7BX is a residential postcode situated on Carnot Close, Shenley Lodge, Milton Keynes, MK5 with 8 addresses.
It ranks as the 112th largest and 67th most expensive of the 379 postcodes in the MK5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
MK5 7BX is a residential postcode situated on Carnot Close, Shenley Lodge, Milton Keynes, MK5 with 8 addresses.
It ranks as the 112th largest and 67th most expensive of the 379 postcodes in the MK5 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 8 houses.
Sale prices range from £266,489 for 2 bedroom leasehold houses with a garden (645 ft2) to £266,489 for 2 bedroom leasehold houses with a garden (645 ft2) .
Monthly rental prices range from £1,450 pcm for 2 bed houses to £1,450 pcm for 2 bed houses.
The gross rental yield is between 6.5% and 6.5%.
The average value per square foot is £413.
The last sale in MK5 7BX sold for £190,000 on 31st March 2025. Since then prices are up an average of 21.5%.
The current average value in the postcode is £266,489.
The MK5 7BX Sales Market has increased by 34.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.6% | £266,489 |
| April 2025 | 3.1% | £262,231 |
| April 2024 | -1.8% | £254,287 |
| April 2023 | 5.8% | £259,067 |
| April 2022 | 10.7% | £244,816 |
| April 2021 | 0.9% | £221,178 |
| April 2020 | 1.1% | £219,221 |
| April 2019 | 0.3% | £216,897 |
| April 2018 | 3.5% | £216,302 |
| April 2017 | 5.7% | £209,023 |
| April 2016 | 13% | £197,783 |
| April 2015 | 13.2% | £174,967 |
| April 2014 | 8.1% | £154,548 |
| April 2013 | 4.3% | £142,904 |
| April 2012 | 3.7% | £136,956 |
| April 2011 | -2.2% | £132,075 |
| April 2010 | 12.8% | £135,023 |
| April 2009 | -16% | £119,704 |
| April 2008 | -2% | £142,578 |
| April 2007 | 0% | £145,559 |
The current average rental value in the postcode is £1,450.
The MK5 7BX Rental Market has increased by 55.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5% | £1,450pcm |
| April 2025 | 3.5% | £1,381pcm |
| April 2024 | 8% | £1,334pcm |
| April 2023 | 9.1% | £1,236pcm |
| April 2022 | 10.4% | £1,133pcm |
| April 2021 | 5.5% | £1,026pcm |
| April 2020 | 0% | £973pcm |
| April 2019 | -0.4% | £973pcm |
| April 2018 | 2.5% | £977pcm |
| April 2017 | 1.8% | £953pcm |
| April 2016 | 7.2% | £936pcm |
| April 2015 | 8.2% | £873pcm |
| April 2014 | 5.2% | £807pcm |
| April 2013 | 3.4% | £767pcm |
| April 2012 | 2.1% | £742pcm |
| April 2011 | 1.7% | £726pcm |
| April 2010 | 2.9% | £714pcm |
| April 2009 | -6.6% | £694pcm |
| April 2008 | 1.8% | £744pcm |
| April 2007 | 0% | £730pcm |
The last sale was on 31st March 2025 for £190,000 and since then the market in the area has increased by 21.5%. The postcode has had a total of 10 sales since 1995.
MK5 7BX has seen 2 sales in the last three years and no sales in the last twelve months.
MK5 7BX is the 112th largest and the 67th most expensive postcode out of the 379 postcodes in the MK5 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK5 7BX, 32.2% of property is shared ownership and 28.0% is socially rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK5 7BX, 20.2% of residents are recorded as possessing school level qualifications and 31.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK5 7BX, the average age was 39 and the most common age was 42.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK5 7BX, 1.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK5 7BX, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.