Faraday Drive - MK5 7HQ
Key Postcode Insights
MK5 7HQ is a residential postcode situated on Faraday Drive, Shenley Lodge, Milton Keynes, MK5 with 30 addresses.
It ranks as the 317th largest and 186th 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 30 properties: 30 houses.
- Ave. Sale Price
- £494,828
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £2,396pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
MK5 7HQ is a residential postcode situated on Faraday Drive, Shenley Lodge, Milton Keynes, MK5 with 30 addresses.
It ranks as the 317th largest and 186th 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 30 properties: 30 houses.
- Ave. Sale Price
- £494,828
- 10 Year change
- up 29.1%
- Ave. Rental Price
- £2,396pcm
- 10 Year change
- up 50.0%
- Ave. £ per ft²
- £355/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin MK5 7HQ
- 61 Faraday Drive
3 Bed Modern House
- 63 Faraday Drive
3 Bed Modern House
- 65 Faraday Drive
3 Bed Modern House
- 66 Faraday Drive
5 Bed Modern House
- 67 Faraday Drive
Unknown
Sales Market Trends
The last sale in MK5 7HQ sold for £390,000 on 14th March 2025. Since then prices are down an average of 0.5%.
The current average value in the postcode is £494,828.
The MK5 7HQ Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £494,828 |
| June 2025 | 3.4% | £496,647 |
| June 2024 | -1.6% | £480,435 |
| June 2023 | 4.7% | £488,164 |
| June 2022 | 8.5% | £466,352 |
| June 2021 | 1.8% | £429,973 |
| June 2020 | 2% | £422,542 |
| June 2019 | 0% | £414,080 |
| June 2018 | 2.1% | £413,925 |
| June 2017 | 5.8% | £405,277 |
| June 2016 | 10.8% | £383,171 |
| June 2015 | 10.6% | £345,788 |
| June 2014 | 9.7% | £312,559 |
| June 2013 | 4.7% | £284,880 |
| June 2012 | 1.6% | £271,988 |
| June 2011 | 2.2% | £267,602 |
| June 2010 | 12.1% | £261,900 |
| June 2009 | -12.4% | £233,620 |
| June 2008 | -3.5% | £266,736 |
| June 2007 | 0% | £276,339 |
Rental Market Trends
The current average rental value in the postcode is £2,396.
The MK5 7HQ Rental Market has increased by 50.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £2,396pcm |
| June 2025 | 2.7% | £2,316pcm |
| June 2024 | 6.9% | £2,255pcm |
| June 2023 | 9.8% | £2,109pcm |
| June 2022 | 10.3% | £1,920pcm |
| June 2021 | 5.7% | £1,742pcm |
| June 2020 | 0.2% | £1,647pcm |
| June 2019 | -0.5% | £1,643pcm |
| June 2018 | 2.5% | £1,652pcm |
| June 2017 | 0.9% | £1,612pcm |
| June 2016 | 5.7% | £1,597pcm |
| June 2015 | 8% | £1,511pcm |
| June 2014 | 5.7% | £1,399pcm |
| June 2013 | 2% | £1,323pcm |
| June 2012 | 2.7% | £1,298pcm |
| June 2011 | 3.2% | £1,264pcm |
| June 2010 | 5.1% | £1,225pcm |
| June 2009 | -6.3% | £1,165pcm |
| June 2008 | 1.9% | £1,244pcm |
| June 2007 | 0% | £1,221pcm |
Sales History
The last sale was on 14th March 2025 for £390,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 76 sales since 1995.
MK5 7HQ has seen 4 sales in the last three years and no sales in the last twelve months.
- Sold Mar 2025£390,000 | 3 Bed House71, Faraday Drive, Milton Keynes, MK5 7HQ71, Faraday Drive, Milton Keynes, MK5 7HQ
- Sold Feb 2024£415,000 | 4 Bed House86, Faraday Drive, Milton Keynes, MK5 7HQ86, Faraday Drive, Milton Keynes, MK5 7HQ
- Sold Feb 2024£368,500 | 4 Bed House96, Faraday Drive, Milton Keynes, MK5 7HQ96, Faraday Drive, Milton Keynes, MK5 7HQ
- Sold Oct 2023£386,000 | 3 Bed House79, Faraday Drive, Milton Keynes, MK5 7HQ79, Faraday Drive, Milton Keynes, MK5 7HQ
- Sold Dec 2020£347,000 | 3 Bed House77A, Faraday Drive, Milton Keynes, MK5 7HQ77A, Faraday Drive, Milton Keynes, MK5 7HQ
Nearby Postcodes
MK5 7HQ is the 317th largest and the 186th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 7BX, Carnot Close, Shenley Lodge, Milton Keynes, MK5MK5 7BX8 Addresses|80 m away
- MK5 7HG, Clegg Square, Shenley Lodge, Milton Keynes, MK5MK5 7HG46 Addresses|80 m away
- MK5 7BN, Parsons Crescent, Shenley Lodge, Milton Keynes, MK5MK5 7BN38 Addresses|92 m away
- MK5 7BW, Parsons Crescent, Shenley Lodge, Milton Keynes, MK5MK5 7BW20 Addresses|114 m away
- MK5 7DD, Faraday Drive, Shenley Lodge, Milton Keynes, MK5MK5 7DD38 Addresses|125 m away
Property Types
- 24 modern houses built after 1980
- 3 houses of an unknown age
- 3 other addresses of unknown type
- modern house (24)
- house (3)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (20)
- G (0)
- D (4)
- No EPC (6)
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 School200 m away
- Glastonbury Thorn School800 m away
- Merebrook Infant School900 m away
- Shenley Brook End School1.3 km away
- Denbigh School1.4 km away
- St Paul's Catholic School1.9 km away
More reading links
Public Transport Nearby
The closest station to MK5 7HQ 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|5.7 km away
