Redland Drive - MK5 8FE
Key Postcode Insights
MK5 8FE is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 4 addresses.
It ranks as the 58th largest and 349th 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 4 properties: 4 houses.
- Ave. Sale Price
- £891,980
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £3,194pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £392/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Key Postcode Insights
MK5 8FE is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 4 addresses.
It ranks as the 58th largest and 349th 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 4 properties: 4 houses.
- Ave. Sale Price
- £891,980
- 10 Year change
- up 24.7%
- Ave. Rental Price
- £3,194pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £392/ft²
- Ave. Gross Yield
- 4.3%/year/yr
Explore Propertiesin MK5 8FE
- 84 Redland Drive
5 Bed Modern House
- 86 Redland Drive
5 Bed Modern House
- 88 Redland Drive
Unknown
- 90 Redland Drive
Unknown
Sales Market Trends
The last sale in MK5 8FE sold for £870,000 on 12th June 2023. Since then prices are down an average of 1.3%.
The current average value in the postcode is £891,980.
The MK5 8FE Sales Market has increased by 24.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.3% | £891,980 |
| June 2025 | 1.9% | £903,964 |
| June 2024 | -1.8% | £886,886 |
| June 2023 | 4% | £903,295 |
| June 2022 | 7.7% | £868,234 |
| June 2021 | 3.3% | £806,080 |
| June 2020 | 2% | £780,328 |
| June 2019 | -1.2% | £765,169 |
| June 2018 | 2.6% | £774,836 |
| June 2017 | 5.6% | £754,986 |
| June 2016 | 10.3% | £715,187 |
| June 2015 | 9.6% | £648,361 |
| June 2014 | 10.7% | £591,631 |
| June 2013 | 3.6% | £534,255 |
| June 2012 | 1.6% | £515,539 |
| June 2011 | 2.3% | £507,517 |
| June 2010 | 12% | £495,922 |
| June 2009 | -11.5% | £442,845 |
| June 2008 | -3% | £500,215 |
| June 2007 | 0% | £515,747 |
Rental Market Trends
The current average rental value in the postcode is £3,194.
The MK5 8FE Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £3,194pcm |
| June 2025 | 2.2% | £3,115pcm |
| June 2024 | 6% | £3,049pcm |
| June 2023 | 10.4% | £2,877pcm |
| June 2022 | 9.7% | £2,606pcm |
| June 2021 | 5.8% | £2,376pcm |
| June 2020 | 0.6% | £2,246pcm |
| June 2019 | -0.6% | £2,232pcm |
| June 2018 | 2.4% | £2,245pcm |
| June 2017 | 0.5% | £2,193pcm |
| June 2016 | 4.7% | £2,182pcm |
| June 2015 | 7.7% | £2,084pcm |
| June 2014 | 5% | £1,935pcm |
| June 2013 | 1.8% | £1,843pcm |
| June 2012 | 2% | £1,810pcm |
| June 2011 | 5.2% | £1,775pcm |
| June 2010 | 6.1% | £1,687pcm |
| June 2009 | -5.6% | £1,589pcm |
| June 2008 | 2% | £1,684pcm |
| June 2007 | 0% | £1,651pcm |
Sales History
The last sale was on 12th June 2023 for £870,000 and since then the market in the area has decreased by 1.3%. The postcode has had a total of 5 sales since 1995.
MK5 8FE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jun 2023£870,000 | 5 Bed House84, Redland Drive, Milton Keynes, MK5 8FE84, Redland Drive, Milton Keynes, MK5 8FE
- Sold Jan 2009£480,000 | 6 Bed House86, Redland Drive, Milton Keynes, MK5 8FE86, Redland Drive, Milton Keynes, MK5 8FE
- Sold Apr 1999£240,000 | 6 Bed House86, Redland Drive, Milton Keynes, MK5 8FE86, Redland Drive, Milton Keynes, MK5 8FE
- Sold Mar 1999£237,500 | 5 Bed House84, Redland Drive, Milton Keynes, MK5 8FE84, Redland Drive, Milton Keynes, MK5 8FE
- Sold Aug 1998£56,000 | 6 Bed House90, Redland Drive, Milton Keynes, MK5 8FE90, Redland Drive, Milton Keynes, MK5 8FE
Nearby Postcodes
MK5 8FE is the 58th largest and the 349th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8BN, Kirkham Court, Loughton, Milton Keynes, MK5MK5 8BN4 Addresses|74 m away
- MK5 8FL, Redland Drive, Loughton, Milton Keynes, MK5MK5 8FL8 Addresses|80 m away
- MK5 8FH, Catesby Croft, Loughton, Milton Keynes, MK5MK5 8FH25 Addresses|94 m away
- MK5 8FF, Pinks Close, Loughton, Milton Keynes, MK5MK5 8FF11 Addresses|108 m away
- MK5 8BP, Redland Drive, Loughton, Milton Keynes, MK5MK5 8BP13 Addresses|129 m away
Property Types
- 2 modern houses built after 1980
- 2 other addresses of unknown type
- modern house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- 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 School800 m away
- Loughton Manor First School900 m away
- Glastonbury Thorn School1.2 km away
- Denbigh School1.2 km away
- St Paul's Catholic School1.7 km away
- The Milton Keynes Academy1.8 km away
More reading links
Public Transport Nearby
The closest station to MK5 8FE is Milton Keynes Central station, which is 300 metres away.
- Milton Keynes Central|300 m away
- Wolverton|4.3 km away
- Bletchley|4.9 km away
- Fenny Stratford|5.3 km away
