Redland Drive - MK5 8EL
Key Postcode Insights
MK5 8EL is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 9 addresses.
It ranks as the 134th largest and 370th 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 9 properties: 9 houses.
- Ave. Sale Price
- £1,047,426
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £3,855pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Key Postcode Insights
MK5 8EL is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 9 addresses.
It ranks as the 134th largest and 370th 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 9 properties: 9 houses.
- Ave. Sale Price
- £1,047,426
- 10 Year change
- up 27.0%
- Ave. Rental Price
- £3,855pcm
- 10 Year change
- up 47.7%
- Ave. £ per ft²
- £412/ft²
- Ave. Gross Yield
- 4.4%/year/yr
Explore Propertiesin MK5 8EL
- 2 Redland Drive
5 Bed Modern House
- 4 Redland Drive
5 Bed Modern House
- 6 Redland Drive
5 Bed Modern House
- 8 Redland Drive
5 Bed Modern House
- 10 Redland Drive
5 Bed Modern House
Sales Market Trends
The last sale in MK5 8EL sold for £1,085,600 on 18th July 2025. Since then prices are down an average of 1.5%.
The current average value in the postcode is £1,047,426.
The MK5 8EL Sales Market has increased by 27.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £1,047,426 |
| June 2025 | 2.7% | £1,061,329 |
| June 2024 | -1.8% | £1,033,262 |
| June 2023 | 5% | £1,052,530 |
| June 2022 | 8% | £1,002,886 |
| June 2021 | 1.9% | £928,701 |
| June 2020 | 2.5% | £911,338 |
| June 2019 | -0.2% | £889,371 |
| June 2018 | 2.4% | £891,454 |
| June 2017 | 5.5% | £870,300 |
| June 2016 | 9.7% | £824,912 |
| June 2015 | 9.9% | £751,691 |
| June 2014 | 9.4% | £683,697 |
| June 2013 | 4.2% | £624,761 |
| June 2012 | 1.3% | £599,397 |
| June 2011 | 3.5% | £591,445 |
| June 2010 | 13.1% | £571,283 |
| June 2009 | -11.6% | £505,220 |
| June 2008 | -3.2% | £571,699 |
| June 2007 | 0% | £590,748 |
Rental Market Trends
The current average rental value in the postcode is £3,855.
The MK5 8EL Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £3,855pcm |
| June 2025 | 2.1% | £3,761pcm |
| June 2024 | 6.8% | £3,683pcm |
| June 2023 | 10% | £3,449pcm |
| June 2022 | 9.8% | £3,135pcm |
| June 2021 | 5.8% | £2,854pcm |
| June 2020 | 0.7% | £2,699pcm |
| June 2019 | -0.6% | £2,679pcm |
| June 2018 | 2.8% | £2,696pcm |
| June 2017 | 0.5% | £2,623pcm |
| June 2016 | 4.5% | £2,610pcm |
| June 2015 | 7.5% | £2,497pcm |
| June 2014 | 5% | £2,323pcm |
| June 2013 | 1.7% | £2,211pcm |
| June 2012 | 2.3% | £2,174pcm |
| June 2011 | 4.8% | £2,126pcm |
| June 2010 | 6.3% | £2,028pcm |
| June 2009 | -5.4% | £1,908pcm |
| June 2008 | 2.1% | £2,018pcm |
| June 2007 | 0% | £1,975pcm |
Sales History
The last sale was on 18th July 2025 for £1,085,600 and since then the market in the area has decreased by 1.5%. The postcode has had a total of 13 sales since 1995.
MK5 8EL has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£1,085,600 | 6 Bed House16, Redland Drive, Milton Keynes, MK5 8EL16, Redland Drive, Milton Keynes, MK5 8EL
- Sold Mar 2025£850,000 | 5 Bed House6, Redland Drive, Milton Keynes, MK5 8EL6, Redland Drive, Milton Keynes, MK5 8EL
- Sold Nov 2024£1,015,000 | 5 Bed House4, Redland Drive, Milton Keynes, MK5 8EL4, Redland Drive, Milton Keynes, MK5 8EL
- Sold Mar 2017£710,000 | 6 Bed House10, Redland Drive, Milton Keynes, MK5 8EL10, Redland Drive, Milton Keynes, MK5 8EL
- Sold Sep 2016£960,000 | 6 Bed House16, Redland Drive, Milton Keynes, MK5 8EL16, Redland Drive, Milton Keynes, MK5 8EL
Nearby Postcodes
MK5 8EL is the 134th largest and the 370th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8ED, Ashpole Furlong, Loughton, Milton Keynes, MK5MK5 8ED4 Addresses|50 m away
- MK5 8EJ, Redland Drive, Loughton, Milton Keynes, MK5MK5 8EJ12 Addresses|70 m away
- MK5 8DX, Ashpole Furlong, Loughton, Milton Keynes, MK5MK5 8DX10 Addresses|210 m away
- MK5 8EH, Little Meadow, Loughton, Milton Keynes, MK5MK5 8EH40 Addresses|214 m away
- MK5 8EU, Wilmin Grove, Loughton, Milton Keynes, MK5MK5 8EU20 Addresses|292 m away
Property Types
- 7 modern houses built after 1980
- 1 house of an unknown age
- 1 other address of unknown type
- modern house (7)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (3)
- No EPC (2)
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 School600 m away
- Glastonbury Thorn School700 m away
- Loughton Manor First School1.0 km away
- Denbigh School900 m away
- St Paul's Catholic School1.6 km away
- The Milton Keynes Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to MK5 8EL is Milton Keynes Central station, which is 800 metres away.
- Milton Keynes Central|800 m away
- Bletchley|4.5 km away
- Wolverton|4.7 km away
- Fenny Stratford|5.1 km away
