Faraday Drive - MK5 7ER
Key Postcode Insights
MK5 7ER is a residential postcode situated on Faraday Drive, Shenley Lodge, Milton Keynes, MK5 with 2 addresses.
It ranks as the 16th largest and 371st 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 2 properties: 2 houses.
- Ave. Sale Price
- £1,038,418
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £4,668pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
MK5 7ER is a residential postcode situated on Faraday Drive, Shenley Lodge, Milton Keynes, MK5 with 2 addresses.
It ranks as the 16th largest and 371st 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 2 properties: 2 houses.
- Ave. Sale Price
- £1,038,418
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £4,668pcm
- 10 Year change
- up 48.2%
- Ave. £ per ft²
- £249/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Propertiesin MK5 7ER
Sales Market Trends
The last sale in MK5 7ER sold for £790,000 on 30th July 2014. Since then prices are up an average of 52.1%.
The current average value in the postcode is £1,038,418.
The MK5 7ER Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £1,038,418 |
| June 2025 | 3.1% | £1,052,159 |
| June 2024 | -1.8% | £1,020,812 |
| June 2023 | 5.3% | £1,039,356 |
| June 2022 | 7.9% | £987,415 |
| June 2021 | 1.5% | £915,249 |
| June 2020 | 2.7% | £901,956 |
| June 2019 | 0% | £878,107 |
| June 2018 | 2.4% | £877,832 |
| June 2017 | 5.5% | £857,603 |
| June 2016 | 9.3% | £813,267 |
| June 2015 | 10.1% | £744,359 |
| June 2014 | 9.1% | £675,770 |
| June 2013 | 4.5% | £619,640 |
| June 2012 | 1.3% | £593,041 |
| June 2011 | 3.9% | £585,613 |
| June 2010 | 13.6% | £563,516 |
| June 2009 | -11.7% | £495,889 |
| June 2008 | -3.3% | £561,338 |
| June 2007 | 0% | £580,310 |
Rental Market Trends
The current average rental value in the postcode is £4,668.
The MK5 7ER Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £4,668pcm |
| June 2025 | 2.2% | £4,555pcm |
| June 2024 | 7% | £4,459pcm |
| June 2023 | 10% | £4,169pcm |
| June 2022 | 9.8% | £3,789pcm |
| June 2021 | 5.8% | £3,451pcm |
| June 2020 | 0.7% | £3,261pcm |
| June 2019 | -0.6% | £3,238pcm |
| June 2018 | 2.9% | £3,259pcm |
| June 2017 | 0.6% | £3,169pcm |
| June 2016 | 4.4% | £3,150pcm |
| June 2015 | 7.4% | £3,017pcm |
| June 2014 | 5.1% | £2,809pcm |
| June 2013 | 1.6% | £2,672pcm |
| June 2012 | 2.3% | £2,629pcm |
| June 2011 | 4.8% | £2,569pcm |
| June 2010 | 6.3% | £2,452pcm |
| June 2009 | -5.4% | £2,306pcm |
| June 2008 | 2% | £2,438pcm |
| June 2007 | 0% | £2,390pcm |
Sales History
The last sale was on 30th July 2014 for £790,000 and since then the market in the area has increased by 52.1%. The postcode has had a total of 2 sales since 1995.
MK5 7ER has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
MK5 7ER is the 16th largest and the 371st most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 7HS, Menzies Court, Shenley Lodge, Milton Keynes, MK5MK5 7HS7 Addresses|67 m away
- MK5 7DH, Hollister Chase, Shenley Lodge, Milton Keynes, MK5MK5 7DH20 Addresses|74 m away
- MK5 7EP, Osier Lane, Shenley Lodge, Milton Keynes, MK5MK5 7EP16 Addresses|104 m away
- MK5 7HG, Clegg Square, Shenley Lodge, Milton Keynes, MK5MK5 7HG46 Addresses|135 m away
- MK5 7HQ, Faraday Drive, Shenley Lodge, Milton Keynes, MK5MK5 7HQ30 Addresses|194 m away
Property Types
- 2 modern houses built after 1980
- modern house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (1)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2018£1,100,000 | 6 Bed House74, Faraday Drive, Milton Keynes, MK5 7HQ74, Faraday Drive, Milton Keynes, MK5 7HQ
- Sold Jul 2014£790,000 | 6 Bed House130, Faraday Drive, Milton Keynes, MK5 7ER130, Faraday Drive, Milton Keynes, MK5 7ER
- Sold Jan 2019£650,000 | 5 Bed House70, Faraday Drive, Milton Keynes, MK5 7HQ70, Faraday Drive, Milton Keynes, MK5 7HQ
Schools Nearby
- Caroline Haslett Primary School100 m away
- Glastonbury Thorn School700 m away
- Merebrook Infant School1.0 km away
- Shenley Brook End School1.2 km away
- Denbigh School1.3 km away
- St Paul's Catholic School2.1 km away
More reading links
Public Transport Nearby
The closest station to MK5 7ER is Milton Keynes Central station, which is 2.1 kilometres away.
- Milton Keynes Central|2.1 km away
- Bletchley|3.7 km away
- Fenny Stratford|4.6 km away
- Bow Brickhill|5.8 km away
