Redwood Gate - MK5 7BZ
Key Postcode Insights
MK5 7BZ is a residential postcode situated on Redwood Gate, Shenley Lodge, Milton Keynes, MK5 with 28 addresses.
It ranks as the 300th largest and 22nd 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 28 properties: 27 houses and 1 flat.
- Ave. Sale Price
- £131,476
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
MK5 7BZ is a residential postcode situated on Redwood Gate, Shenley Lodge, Milton Keynes, MK5 with 28 addresses.
It ranks as the 300th largest and 22nd 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 28 properties: 27 houses and 1 flat.
- Ave. Sale Price
- £131,476
- 10 Year change
- up 27.4%
- Ave. Rental Price
- £738pcm
- 10 Year change
- up 48.0%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin MK5 7BZ
- 1A Redwood Gate
House
- 1B Redwood Gate
4 Bed Modern House
- 2 Redwood Gate
3 Bed Modern House
- 3 Redwood Gate
1 Bed Flat
- 4 Redwood Gate
3 Bed Modern House
Sales Market Trends
The last sale in MK5 7BZ sold for £86,000 on 3rd May 2022. Since then prices are up an average of 7.8%.
The current average value in the postcode is £131,476.
The MK5 7BZ Sales Market has increased by 27.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.6% | £131,476 |
| June 2025 | 3.4% | £130,711 |
| June 2024 | -1.3% | £126,442 |
| June 2023 | 4.1% | £128,140 |
| June 2022 | 7.9% | £123,148 |
| June 2021 | 1.3% | £114,087 |
| June 2020 | 1.8% | £112,663 |
| June 2019 | -0.2% | £110,686 |
| June 2018 | 1.5% | £110,867 |
| June 2017 | 5.8% | £109,236 |
| June 2016 | 11.2% | £103,231 |
| June 2015 | 10.9% | £92,829 |
| June 2014 | 10% | £83,692 |
| June 2013 | 4.3% | £76,102 |
| June 2012 | 1.5% | £72,935 |
| June 2011 | 1.3% | £71,825 |
| June 2010 | 10.3% | £70,908 |
| June 2009 | -12.8% | £64,284 |
| June 2008 | -3.7% | £73,697 |
| June 2007 | 0% | £76,549 |
Rental Market Trends
The current average rental value in the postcode is £738.
The MK5 7BZ Rental Market has increased by 48.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.5% | £738pcm |
| June 2025 | 2.7% | £707pcm |
| June 2024 | 7.2% | £688pcm |
| June 2023 | 9.2% | £642pcm |
| June 2022 | 9.7% | £588pcm |
| June 2021 | 5.2% | £536pcm |
| June 2020 | 0% | £509pcm |
| June 2019 | -0.7% | £509pcm |
| June 2018 | 1.8% | £513pcm |
| June 2017 | 1% | £504pcm |
| June 2016 | 6.1% | £499pcm |
| June 2015 | 8.3% | £470pcm |
| June 2014 | 5.9% | £434pcm |
| June 2013 | 1.6% | £410pcm |
| June 2012 | 2.6% | £404pcm |
| June 2011 | 2.3% | £394pcm |
| June 2010 | 3.5% | £385pcm |
| June 2009 | -6.7% | £372pcm |
| June 2008 | 1.6% | £399pcm |
| June 2007 | 0% | £392pcm |
Sales History
The last sale was on 3rd May 2022 for £86,000 and since then the market in the area has increased by 7.8%. The postcode has had a total of 31 sales since 1995.
MK5 7BZ has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2022£86,000 | 2 Bed House13, Redwood Gate, Milton Keynes, MK5 7BZ13, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold Oct 2021£130,000 | 2 Bed House15, Redwood Gate, Milton Keynes, MK5 7BZ15, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold May 2019£415,000 | 4 Bed House1B, Redwood Gate, Milton Keynes, MK5 7BZ1B, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold Dec 2018£115,000 | 2 Bed House15, Redwood Gate, Milton Keynes, MK5 7BZ15, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold Jul 2018£72,000 | 2 Bed House9, Redwood Gate, Milton Keynes, MK5 7BZ9, Redwood Gate, Milton Keynes, MK5 7BZ
Nearby Postcodes
MK5 7BZ is the 300th largest and the 22nd most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 7BY, Upton Grove, Shenley Lodge, Milton Keynes, MK5MK5 7BY20 Addresses|37 m away
- MK5 7BX, Carnot Close, Shenley Lodge, Milton Keynes, MK5MK5 7BX8 Addresses|52 m away
- MK5 7GU, Redwood Gate, Shenley Lodge, Milton Keynes, MK5MK5 7GU9 Addresses|75 m away
- MK5 7GR, Upton Grove, Shenley Lodge, Milton Keynes, MK5MK5 7GR13 Addresses|78 m away
- MK5 7GS, Bunsen Place, Shenley Lodge, Milton Keynes, MK5MK5 7GS9 Addresses|112 m away
Property Types
- 24 modern houses built after 1980
- 1 flat of an unknown age
- 3 other addresses of unknown type
- modern house (24)
- flat (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (5)
- F (0)
- C (13)
- G (0)
- D (4)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold May 2019£415,000 | 4 Bed House1B, Redwood Gate, Milton Keynes, MK5 7BZ1B, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold Dec 2004£270,000 | 4 Bed House1A, Redwood Gate, Milton Keynes, MK5 7BZ1A, Redwood Gate, Milton Keynes, MK5 7BZ
- Sold Mar 2010£250,000 | 4 Bed House1B, Redwood Gate, Milton Keynes, MK5 7BZ1B, Redwood Gate, Milton Keynes, MK5 7BZ
Schools Nearby
- Caroline Haslett Primary School100 m away
- Merebrook Infant School800 m away
- Glastonbury Thorn School900 m away
- Shenley Brook End School1.3 km away
- Denbigh School1.5 km away
- St Paul's Catholic School2.0 km away
More reading links
Public Transport Nearby
The closest station to MK5 7BZ is Milton Keynes Central station, which is 2.1 kilometres away.
- Milton Keynes Central|2.1 km away
- Bletchley|3.5 km away
- Fenny Stratford|4.4 km away
- Bow Brickhill|5.6 km away
