MK5 7GU is a residential postcode situated on Redwood Gate, Shenley Lodge, Milton Keynes, MK5 with 9 addresses.
It ranks as the 132nd largest and 49th most expensive of the 379 postcodes in the MK5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
MK5 7GU is a residential postcode situated on Redwood Gate, Shenley Lodge, Milton Keynes, MK5 with 9 addresses.
It ranks as the 132nd largest and 49th most expensive of the 379 postcodes in the MK5 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 9 properties: 9 flats.
Sale prices range from £206,303 for 2 bedroom leasehold flats (712 ft2) to £256,704 for 3 bedroom leasehold flats (1,130 ft2) .
Monthly rental prices range from £1,111 pcm for 2 bed flats to £1,364 pcm for 3 bed flats.
The gross rental yield is between 6.4% and 6.5%.
The average value per square foot is £259.
The last sale in MK5 7GU sold for £250,000 on 19th September 2025. Since then prices are down an average of 1.2%.
The current average value in the postcode is £226,269.
The MK5 7GU Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.2% | £226,269 |
| April 2025 | 2% | £225,831 |
| April 2024 | -2.1% | £221,494 |
| April 2023 | 4.2% | £226,160 |
| April 2022 | 5.6% | £216,972 |
| April 2021 | -2.3% | £205,562 |
| April 2020 | 1.4% | £210,404 |
| April 2019 | -0.5% | £207,485 |
| April 2018 | 0.6% | £208,510 |
| April 2017 | 4.4% | £207,299 |
| April 2016 | 12.2% | £198,629 |
| April 2015 | 12.3% | £177,017 |
| April 2014 | 6.7% | £157,662 |
| April 2013 | 1.4% | £147,819 |
| April 2012 | 2.2% | £145,806 |
| April 2011 | -1.2% | £142,655 |
| April 2010 | 9.9% | £144,392 |
| April 2009 | -15.9% | £131,358 |
| April 2008 | -2.3% | £156,178 |
| April 2007 | 0% | £159,885 |
The current average rental value in the postcode is £1,203.
The MK5 7GU Rental Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,203pcm |
| April 2025 | 2.3% | £1,162pcm |
| April 2024 | 7.8% | £1,136pcm |
| April 2023 | 7.4% | £1,054pcm |
| April 2022 | 5.3% | £981pcm |
| April 2021 | 2.1% | £932pcm |
| April 2020 | 0.3% | £913pcm |
| April 2019 | -1.1% | £910pcm |
| April 2018 | -0.4% | £920pcm |
| April 2017 | 0.5% | £923pcm |
| April 2016 | 6.4% | £918pcm |
| April 2015 | 7.3% | £863pcm |
| April 2014 | 3.7% | £804pcm |
| April 2013 | 0.5% | £776pcm |
| April 2012 | 0.7% | £772pcm |
| April 2011 | 2.7% | £767pcm |
| April 2010 | 0.3% | £746pcm |
| April 2009 | -6.5% | £744pcm |
| April 2008 | 1.5% | £796pcm |
| April 2007 | 0% | £784pcm |
The last sale was on 19th September 2025 for £250,000 and since then the market in the area has decreased by 1.2%. The postcode has had a total of 25 sales since 1995.
MK5 7GU has seen 3 sales in the last three years and 2 sales in the last twelve months.
MK5 7GU is the 132nd largest and the 49th most expensive postcode out of the 379 postcodes in the MK5 area.
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The closest station to MK5 7GU is Milton Keynes Central station which is 2.2 kilometres away.
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