Redland Drive - MK5 8BP
Key Postcode Insights
MK5 8BP is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 13 addresses.
It ranks as the 200th largest and 351st 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 13 properties: 8 houses and 5 other properties.
- Ave. Sale Price
- £884,789
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £3,232pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
MK5 8BP is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 13 addresses.
It ranks as the 200th largest and 351st 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 13 properties: 8 houses and 5 other properties.
- Ave. Sale Price
- £884,789
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £3,232pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £445/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Properties in MK5 8BP
- 107 Redland Drive
House
- 109 Redland Drive
5 Bed Modern House
- 111 Redland Drive
House
- 113 Redland Drive
5 Bed Modern House
- 115 Redland Drive
5 Bed Modern House
Sales Market Trends
The last sale in MK5 8BP sold for £940,000 on 25th October 2024. Since then prices are down an average of 0.2%.
The current average value in the postcode is £884,789.
The MK5 8BP Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £884,789 |
| June 2025 | 2.1% | £895,623 |
| June 2024 | -1.9% | £877,177 |
| June 2023 | 4.1% | £894,424 |
| June 2022 | 7.8% | £858,994 |
| June 2021 | 3.1% | £797,150 |
| June 2020 | 1.8% | £773,067 |
| June 2019 | -1.2% | £759,183 |
| June 2018 | 2.5% | £768,041 |
| June 2017 | 5.5% | £749,025 |
| June 2016 | 10.7% | £709,828 |
| June 2015 | 9.7% | £641,390 |
| June 2014 | 10.8% | £584,527 |
| June 2013 | 3.8% | £527,785 |
| June 2012 | 1.6% | £508,609 |
| June 2011 | 1.9% | £500,844 |
| June 2010 | 11.9% | £491,391 |
| June 2009 | -11.7% | £439,065 |
| June 2008 | -2.9% | £497,319 |
| June 2007 | 0% | £512,271 |
Rental Market Trends
The current average rental value in the postcode is £3,232.
The MK5 8BP Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £3,232pcm |
| June 2025 | 2.3% | £3,148pcm |
| June 2024 | 5.9% | £3,076pcm |
| June 2023 | 10.5% | £2,906pcm |
| June 2022 | 9.7% | £2,631pcm |
| June 2021 | 5.6% | £2,397pcm |
| June 2020 | 0.5% | £2,270pcm |
| June 2019 | -0.5% | £2,260pcm |
| June 2018 | 2.3% | £2,271pcm |
| June 2017 | 0.5% | £2,220pcm |
| June 2016 | 5.1% | £2,210pcm |
| June 2015 | 7.8% | £2,103pcm |
| June 2014 | 5% | £1,950pcm |
| June 2013 | 2% | £1,857pcm |
| June 2012 | 2% | £1,822pcm |
| June 2011 | 4.8% | £1,787pcm |
| June 2010 | 6.1% | £1,705pcm |
| June 2009 | -5.9% | £1,607pcm |
| June 2008 | 2.1% | £1,708pcm |
| June 2007 | 0% | £1,673pcm |
Sales History
The last recorded sale was on 25th October 2024 for £940,000 and since then the market in the area has decreased by 0.2%.
MK5 8BP has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Oct 2024£940,000 | 5 Bed House123, Redland Drive, Milton Keynes, MK5 8BP123, Redland Drive, Milton Keynes, MK5 8BP
- Sold Jun 2021£740,000 | 5 Bed House117, Redland Drive, Milton Keynes, MK5 8BP117, Redland Drive, Milton Keynes, MK5 8BP
- Sold Nov 2016£730,000 | 5 Bed House115, Redland Drive, Milton Keynes, MK5 8BP115, Redland Drive, Milton Keynes, MK5 8BP
Nearby Postcodes
MK5 8BP is the 200th largest and the 351st most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8AE, Cottage Common, Loughton, Milton Keynes, MK5MK5 8AE18 Addresses|52 m away
- MK5 8AU, Pitcher Lane, Loughton, Milton Keynes, MK5MK5 8AU14 Addresses|67 m away
- MK5 8BN, Kirkham Court, Loughton, Milton Keynes, MK5MK5 8BN4 Addresses|126 m away
- MK5 8FE, Redland Drive, Loughton, Milton Keynes, MK5MK5 8FE4 Addresses|129 m away
- MK5 8BW, Weldon Rise, Loughton, Milton Keynes, MK5MK5 8BW8 Addresses|146 m away
Property Types
- 8 modern houses built after 1980
- 5 other addresses of unknown type
- modern house (8)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (6)
- G (0)
- D (1)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Mar 2022£1,323,000 | 5 Bed House30, Redland Drive, Milton Keynes, MK5 8FB30, Redland Drive, Milton Keynes, MK5 8FB
- Sold Nov 2024£1,200,000 | 6 Bed House28, Redland Drive, Milton Keynes, MK5 8FB28, Redland Drive, Milton Keynes, MK5 8FB
- Sold Sep 2021£1,100,000 | 6 Bed House15, Redland Drive, Milton Keynes, MK5 8EJ15, Redland Drive, Milton Keynes, MK5 8EJ
Schools Nearby
- Loughton School800 m away
- Loughton Manor First School800 m away
- Glastonbury Thorn School1.2 km away
- Denbigh School1.2 km away
- St Paul's Catholic School1.8 km away
- The Milton Keynes Academy1.9 km away
More reading links
Public Transport Nearby
The closest station to MK5 8BP is Milton Keynes Central station, which is 300 metres away.
- Milton Keynes Central|300 m away
- Wolverton|4.2 km away
- Bletchley|5.0 km away
- Fenny Stratford|5.5 km away
