Redland Drive - MK5 8FJ
Key Postcode Insights
MK5 8FJ is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 3 addresses.
It ranks as the 33rd largest and 328th 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 3 properties: 3 houses.
- Ave. Sale Price
- £800,310
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £3,113pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
MK5 8FJ is a residential postcode situated on Redland Drive, Loughton, Milton Keynes, MK5 with 3 addresses.
It ranks as the 33rd largest and 328th 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 3 properties: 3 houses.
- Ave. Sale Price
- £800,310
- 10 Year change
- up 24.6%
- Ave. Rental Price
- £3,113pcm
- 10 Year change
- up 46.3%
- Ave. £ per ft²
- £365/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Propertiesin MK5 8FJ
- 70 Redland Drive
5 Bed Modern House
- 72 Redland Drive
5 Bed Modern House
- 74 Redland Drive
Unknown
Sales Market Trends
The last sale in MK5 8FJ sold for £710,000 on 6th July 2018. Since then prices are up an average of 15.5%.
The current average value in the postcode is £800,310.
The MK5 8FJ Sales Market has increased by 24.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £800,310 |
| June 2025 | 2.1% | £810,168 |
| June 2024 | -1.9% | £793,517 |
| June 2023 | 4.1% | £809,120 |
| June 2022 | 7.8% | £777,063 |
| June 2021 | 3.1% | £721,137 |
| June 2020 | 1.8% | £699,337 |
| June 2019 | -1.2% | £686,750 |
| June 2018 | 2.5% | £694,772 |
| June 2017 | 5.5% | £677,556 |
| June 2016 | 10.7% | £642,111 |
| June 2015 | 9.7% | £580,264 |
| June 2014 | 10.7% | £528,845 |
| June 2013 | 3.8% | £477,523 |
| June 2012 | 1.5% | £460,188 |
| June 2011 | 1.9% | £453,172 |
| June 2010 | 11.9% | £444,558 |
| June 2009 | -11.7% | £397,189 |
| June 2008 | -2.9% | £449,848 |
| June 2007 | 0% | £463,368 |
Rental Market Trends
The current average rental value in the postcode is £3,113.
The MK5 8FJ Rental Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £3,113pcm |
| June 2025 | 2.3% | £3,032pcm |
| June 2024 | 5.9% | £2,963pcm |
| June 2023 | 10.5% | £2,799pcm |
| June 2022 | 9.7% | £2,534pcm |
| June 2021 | 5.6% | £2,309pcm |
| June 2020 | 0.5% | £2,187pcm |
| June 2019 | -0.5% | £2,176pcm |
| June 2018 | 2.3% | £2,187pcm |
| June 2017 | 0.5% | £2,138pcm |
| June 2016 | 5.1% | £2,128pcm |
| June 2015 | 7.8% | £2,026pcm |
| June 2014 | 5% | £1,879pcm |
| June 2013 | 2% | £1,789pcm |
| June 2012 | 1.9% | £1,755pcm |
| June 2011 | 4.8% | £1,721pcm |
| June 2010 | 6.1% | £1,642pcm |
| June 2009 | -5.9% | £1,548pcm |
| June 2008 | 2.1% | £1,645pcm |
| June 2007 | 0% | £1,611pcm |
Sales History
The last sale was on 6th July 2018 for £710,000 and since then the market in the area has increased by 15.5%. The postcode has had a total of 5 sales since 1995.
MK5 8FJ has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jul 2018£710,000 | 5 Bed House70, Redland Drive, Milton Keynes, MK5 8FJ70, Redland Drive, Milton Keynes, MK5 8FJ
- Sold Nov 2003£375,000 | 6 Bed House72, Redland Drive, Milton Keynes, MK5 8FJ72, Redland Drive, Milton Keynes, MK5 8FJ
- Sold Jul 2002£370,000 | 5 Bed House70, Redland Drive, Milton Keynes, MK5 8FJ70, Redland Drive, Milton Keynes, MK5 8FJ
- Sold Jun 2000£299,950 | 6 Bed House72, Redland Drive, Milton Keynes, MK5 8FJ72, Redland Drive, Milton Keynes, MK5 8FJ
- Sold Jan 2000£257,000 | 4 Bed House74, Redland Drive, Milton Keynes, MK5 8FJ74, Redland Drive, Milton Keynes, MK5 8FJ
Nearby Postcodes
MK5 8FJ is the 33rd largest and the 328th most expensive postcode out of the 379 postcodes in the MK5 area.
- MK5 8FD, Farnell Court, Loughton, Milton Keynes, MK5MK5 8FD13 Addresses|41 m away
- MK5 8FF, Pinks Close, Loughton, Milton Keynes, MK5MK5 8FF11 Addresses|66 m away
- MK5 8FG, Hugh Parke Close, Loughton, Milton Keynes, MK5MK5 8FG11 Addresses|86 m away
- MK5 8FL, Redland Drive, Loughton, Milton Keynes, MK5MK5 8FL8 Addresses|96 m away
- MK5 8FB, Redland Drive, Loughton, Milton Keynes, MK5MK5 8FB7 Addresses|98 m away
Property Types
- 2 modern houses built after 1980
- 1 other address of unknown type
- modern house (2)
- Unknown (1)
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 (1)
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 School900 m away
- Loughton Manor First School1.1 km away
- Glastonbury Thorn School1.2 km away
- Denbigh School1.3 km away
- St Paul's Catholic School1.5 km away
- The Milton Keynes Academy1.6 km away
More reading links
Public Transport Nearby
The closest station to MK5 8FJ is Milton Keynes Central station, which is 400 metres away.
- Milton Keynes Central|400 m away
- Wolverton|4.4 km away
- Bletchley|4.7 km away
- Fenny Stratford|5.2 km away
