Paynes Drive - MK5 8EX
Key Postcode Insights
MK5 8EX is a residential postcode situated on Paynes Drive, Loughton, Milton Keynes, MK5 with 9 addresses.
It ranks as the 135th largest and 47th 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: 5 houses and 4 flats.
- Ave. Sale Price
- £194,727
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £1,181pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £424/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Postcode Insights
MK5 8EX is a residential postcode situated on Paynes Drive, Loughton, Milton Keynes, MK5 with 9 addresses.
It ranks as the 135th largest and 47th 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: 5 houses and 4 flats.
- Ave. Sale Price
- £194,727
- 10 Year change
- up 23.8%
- Ave. Rental Price
- £1,181pcm
- 10 Year change
- up 45.3%
- Ave. £ per ft²
- £424/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertiesin MK5 8EX
- 2 Paynes Drive
2 Bed Modern House
- 4 Paynes Drive
Unknown
- 6 Paynes Drive
3 Bed Modern House
- 8 Paynes Drive
2 Bed Modern House
- 10 Paynes Drive
2 Bed Modern House
Sales Market Trends
The last sale in MK5 8EX sold for £114,000 on 5th July 2024. Since then prices are up an average of 3.4%.
The current average value in the postcode is £194,727.
The MK5 8EX Sales Market has increased by 23.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £194,727 |
| June 2025 | 2.4% | £193,201 |
| June 2024 | -1.4% | £188,720 |
| June 2023 | 3% | £191,371 |
| June 2022 | 7.4% | £185,733 |
| June 2021 | 2.5% | £173,012 |
| June 2020 | 1.2% | £168,781 |
| June 2019 | -1.4% | £166,768 |
| June 2018 | 1.5% | £169,113 |
| June 2017 | 5.9% | £166,537 |
| June 2016 | 12.1% | £157,266 |
| June 2015 | 10.5% | £140,317 |
| June 2014 | 11.5% | £126,965 |
| June 2013 | 3.4% | £113,835 |
| June 2012 | 1.7% | £110,074 |
| June 2011 | -0.3% | £108,185 |
| June 2010 | 8.6% | £108,514 |
| June 2009 | -12.7% | £99,909 |
| June 2008 | -3.5% | £114,504 |
| June 2007 | 0% | £118,680 |
Rental Market Trends
The current average rental value in the postcode is £1,181.
The MK5 8EX Rental Market has increased by 45.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,181pcm |
| June 2025 | 2.6% | £1,128pcm |
| June 2024 | 6.4% | £1,099pcm |
| June 2023 | 9.3% | £1,033pcm |
| June 2022 | 9.3% | £945pcm |
| June 2021 | 5% | £864pcm |
| June 2020 | -0.1% | £823pcm |
| June 2019 | -0.7% | £824pcm |
| June 2018 | 1.3% | £830pcm |
| June 2017 | 0.8% | £820pcm |
| June 2016 | 6.4% | £813pcm |
| June 2015 | 8.6% | £764pcm |
| June 2014 | 5.8% | £704pcm |
| June 2013 | 1.6% | £665pcm |
| June 2012 | 2.1% | £655pcm |
| June 2011 | 2.5% | £641pcm |
| June 2010 | 2.9% | £625pcm |
| June 2009 | -7% | £607pcm |
| June 2008 | 1.5% | £653pcm |
| June 2007 | 0% | £643pcm |
Sales History
The last sale was on 5th July 2024 for £114,000 and since then the market in the area has increased by 3.4%. The postcode has had a total of 23 sales since 1995.
MK5 8EX has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2024£114,000 | 1 Bed Flat12, Paynes Drive, Milton Keynes, MK5 8EX12, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Jun 2023£76,000 | 1 Bed Flat14, Paynes Drive, Milton Keynes, MK5 8EX14, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Sep 2020£45,000 | 1 Bed Flat16, Paynes Drive, Milton Keynes, MK5 8EX16, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Oct 2019£49,500 | 1 Bed Flat18, Paynes Drive, Milton Keynes, MK5 8EX18, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Feb 2019£67,300 | 1 Bed Flat14, Paynes Drive, Milton Keynes, MK5 8EX14, Paynes Drive, Milton Keynes, MK5 8EX
Nearby Postcodes
MK5 8EX is the 135th largest and the 47th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8HB, Glebe Close, Loughton, Milton Keynes, MK5MK5 8HB22 Addresses|36 m away
- MK5 8HE, Sumner Court, Loughton, Milton Keynes, MK5MK5 8HE8 Addresses|81 m away
- MK5 8EW, Olde Bell Lane, Loughton, Milton Keynes, MK5MK5 8EW10 Addresses|96 m away
- MK5 8DB, Specklands, Loughton, Milton Keynes, MK5MK5 8DB10 Addresses|98 m away
- MK5 8EN, Olde Bell Lane, Loughton, Milton Keynes, MK5MK5 8EN15 Addresses|102 m away
Property Types
- 4 modern houses built after 1980
- 4 modern flats built after 1980
- 1 other address of unknown type
- modern house (4)
- modern flat (4)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (6)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Mar 2007£172,992 | 3 Bed House6, Paynes Drive, Milton Keynes, MK5 8EX6, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Jul 2024£114,000 | 1 Bed Flat12, Paynes Drive, Milton Keynes, MK5 8EX12, Paynes Drive, Milton Keynes, MK5 8EX
- Sold Feb 1998£93,000 | 1 Bed Flat28, Paynes Drive, Milton Keynes, MK5 8EY28, Paynes Drive, Milton Keynes, MK5 8EY
Schools Nearby
- Loughton Manor First School100 m away
- Loughton School300 m away
- Holmwood School900 m away
- Denbigh School600 m away
- The Hazeley Academy2.0 km away
- Watling Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to MK5 8EX is Milton Keynes Central station, which is 1.1 kilometres away.
- Milton Keynes Central|1.1 km away
- Wolverton|4.1 km away
- Bletchley|5.3 km away
- Fenny Stratford|6.0 km away
