MK7 8NE is a residential postcode situated on Monellan Grove, Caldecotte, Milton Keynes, MK7 with 7 addresses.
It ranks as the 205th largest and 668th most expensive of the 723 postcodes in the MK7 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
MK7 8NE is a residential postcode situated on Monellan Grove, Caldecotte, Milton Keynes, MK7 with 7 addresses.
It ranks as the 205th largest and 668th most expensive of the 723 postcodes in the MK7 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 7 properties: 7 houses.
Sale prices range from £629,822 for 4 bedroom freehold houses with a garden (1,528 ft2) to £722,391 for 5 bedroom freehold houses with a garden (1,894 ft2) .
Monthly rental prices range from £1,819 pcm for 4 bed houses to £2,004 pcm for 5 bed houses.
The gross rental yield is between 3.3% and 3.5%.
The average value per square foot is £411.
The last sale in MK7 8NE sold for £750,000 on 16th June 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £651,364.
The MK7 8NE Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £651,364 |
| April 2025 | 0.4% | £647,491 |
| April 2024 | -2.9% | £644,597 |
| April 2023 | 4.6% | £663,779 |
| April 2022 | 10.9% | £634,484 |
| April 2021 | 2.9% | £572,326 |
| April 2020 | -0.3% | £556,138 |
| April 2019 | -1.1% | £557,935 |
| April 2018 | 3.5% | £564,222 |
| April 2017 | 7.1% | £545,144 |
| April 2016 | 13.9% | £509,162 |
| April 2015 | 8.1% | £447,127 |
| April 2014 | 6.6% | £413,684 |
| April 2013 | 6.5% | £388,068 |
| April 2012 | 1.5% | £364,438 |
| April 2011 | 3.5% | £359,133 |
| April 2010 | 5.6% | £346,884 |
| April 2009 | -14.5% | £328,350 |
| April 2008 | 3.6% | £383,884 |
| April 2007 | 0% | £370,713 |
The current average rental value in the postcode is £1,860.
The MK7 8NE Rental Market has increased by 45.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,860pcm |
| April 2025 | 2.3% | £1,807pcm |
| April 2024 | 7.1% | £1,766pcm |
| April 2023 | 9.3% | £1,649pcm |
| April 2022 | 8.9% | £1,508pcm |
| April 2021 | 3.7% | £1,384pcm |
| April 2020 | 1.9% | £1,335pcm |
| April 2019 | -0.6% | £1,311pcm |
| April 2018 | 2.4% | £1,318pcm |
| April 2017 | 0.8% | £1,288pcm |
| April 2016 | 6.9% | £1,277pcm |
| April 2015 | 6.7% | £1,194pcm |
| April 2014 | 3.4% | £1,119pcm |
| April 2013 | 6.3% | £1,083pcm |
| April 2012 | 2.4% | £1,018pcm |
| April 2011 | 4.4% | £994pcm |
| April 2010 | 2.3% | £952pcm |
| April 2009 | -5% | £931pcm |
| April 2008 | 5% | £980pcm |
| April 2007 | 0% | £933pcm |
The last sale was on 16th June 2025 for £750,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 14 sales since 1995.
MK7 8NE has seen 1 sale in the last three years and 1 sale in the last twelve months.
MK7 8NE is the 205th largest and the 668th most expensive postcode out of the 723 postcodes in the MK7 area.
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According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around MK7 8NE, 26.2% of property is privately owned with a mortgage and 24.1% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK7 8NE, 19.7% of residents are recorded as possessing school level qualifications and 47.3% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK7 8NE, the average age was 37.6 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK7 8NE, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK7 8NE, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.