Paynes Drive - MK5 8EY
Key Postcode Insights
MK5 8EY is a residential postcode situated on Paynes Drive, Loughton, Milton Keynes, MK5 with 10 addresses.
It ranks as the 153rd largest and 71st 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 10 properties: 6 houses and 4 flats.
- Ave. Sale Price
- £214,758
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,171pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £493/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
MK5 8EY is a residential postcode situated on Paynes Drive, Loughton, Milton Keynes, MK5 with 10 addresses.
It ranks as the 153rd largest and 71st 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 10 properties: 6 houses and 4 flats.
- Ave. Sale Price
- £214,758
- 10 Year change
- up 26.8%
- Ave. Rental Price
- £1,171pcm
- 10 Year change
- up 47.6%
- Ave. £ per ft²
- £493/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin MK5 8EY
- 20 Paynes Drive
Unknown
- 22 Paynes Drive
Unknown
- 24 Paynes Drive
2 Bed Modern House
- 26 Paynes Drive
2 Bed Modern House
- 28 Paynes Drive
1 Bed Modern Flat
Sales Market Trends
The last sale in MK5 8EY sold for £55,500 on 22nd November 2019. Since then prices are up an average of 17.7%.
The current average value in the postcode is £214,758.
The MK5 8EY Sales Market has increased by 26.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1% | £214,758 |
| June 2025 | 3.4% | £212,636 |
| June 2024 | -1.2% | £205,726 |
| June 2023 | 3.8% | £208,215 |
| June 2022 | 7.6% | £200,508 |
| June 2021 | 1.3% | £186,355 |
| June 2020 | 1.8% | £183,983 |
| June 2019 | -0.5% | £180,779 |
| June 2018 | 1.4% | £181,758 |
| June 2017 | 5.8% | £179,189 |
| June 2016 | 11.3% | £169,353 |
| June 2015 | 11.2% | £152,095 |
| June 2014 | 10.4% | £136,831 |
| June 2013 | 4% | £123,952 |
| June 2012 | 1.7% | £119,232 |
| June 2011 | 0.7% | £117,239 |
| June 2010 | 9.7% | £116,471 |
| June 2009 | -12.9% | £106,148 |
| June 2008 | -3.9% | £121,828 |
| June 2007 | 0% | £126,826 |
Rental Market Trends
The current average rental value in the postcode is £1,171.
The MK5 8EY Rental Market has increased by 47.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £1,171pcm |
| June 2025 | 2.6% | £1,116pcm |
| June 2024 | 7.4% | £1,087pcm |
| June 2023 | 9% | £1,013pcm |
| June 2022 | 9.4% | £929pcm |
| June 2021 | 5.2% | £849pcm |
| June 2020 | -0.1% | £808pcm |
| June 2019 | -0.8% | £808pcm |
| June 2018 | 1.7% | £815pcm |
| June 2017 | 1% | £801pcm |
| June 2016 | 6.3% | £793pcm |
| June 2015 | 8.4% | £746pcm |
| June 2014 | 5.9% | £688pcm |
| June 2013 | 1.4% | £650pcm |
| June 2012 | 2.6% | £641pcm |
| June 2011 | 2% | £625pcm |
| June 2010 | 2.8% | £612pcm |
| June 2009 | -6.8% | £596pcm |
| June 2008 | 1.2% | £639pcm |
| June 2007 | 0% | £631pcm |
Sales History
The last sale was on 22nd November 2019 for £55,500 and since then the market in the area has increased by 17.7%. The postcode has had a total of 11 sales since 1995.
MK5 8EY has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2019£55,500 | 1 Bed Flat30, Paynes Drive, Milton Keynes, MK5 8EY30, Paynes Drive, Milton Keynes, MK5 8EY
- Sold Dec 2010£33,000 | 1 Bed Flat30, Paynes Drive, Milton Keynes, MK5 8EY30, Paynes Drive, Milton Keynes, MK5 8EY
- Sold Aug 2009£39,500 | 1 Bed Flat28, Paynes Drive, Milton Keynes, MK5 8EY28, Paynes Drive, Milton Keynes, MK5 8EY
- Sold Dec 2006£33,000 | 1 Bed Flat34, Paynes Drive, Milton Keynes, MK5 8EY34, Paynes Drive, Milton Keynes, MK5 8EY
- Sold Mar 2006£31,700 | 1 Bed Flat30, Paynes Drive, Milton Keynes, MK5 8EY30, Paynes Drive, Milton Keynes, MK5 8EY
Nearby Postcodes
MK5 8EY is the 153rd largest and the 71st most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8EN, Olde Bell Lane, Loughton, Milton Keynes, MK5MK5 8EN15 Addresses|66 m away
- MK5 8HE, Sumner Court, Loughton, Milton Keynes, MK5MK5 8HE8 Addresses|70 m away
- MK5 8HF, Cavendish Court, Loughton, Milton Keynes, MK5MK5 8HF47 Addresses|77 m away
- MK5 8EW, Olde Bell Lane, Loughton, Milton Keynes, MK5MK5 8EW10 Addresses|91 m away
- MK5 8HB, Glebe Close, Loughton, Milton Keynes, MK5MK5 8HB22 Addresses|104 m away
Property Types
- 3 modern houses built after 1980
- 3 modern flats built after 1980
- 4 other addresses of unknown type
- modern house (3)
- modern flat (3)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (1)
- F (0)
- C (5)
- G (0)
- D (0)
- No EPC (4)
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 School200 m away
- Loughton Manor First School200 m away
- Glastonbury Thorn School900 m away
- Denbigh School500 m away
- The Hazeley Academy2.0 km away
- St Paul's Catholic School2.4 km away
More reading links
Public Transport Nearby
The closest station to MK5 8EY is Milton Keynes Central station, which is 1.1 kilometres away.
- Milton Keynes Central|1.1 km away
- Wolverton|4.2 km away
- Bletchley|5.2 km away
- Fenny Stratford|5.9 km away
