MK8 8BJ is a residential postcode situated on The Approach, Two Mile Ash, Milton Keynes, MK8 with 14 addresses.
It ranks as the 443rd largest and 696th most expensive of the 798 postcodes in the MK8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
MK8 8BJ is a residential postcode situated on The Approach, Two Mile Ash, Milton Keynes, MK8 with 14 addresses.
It ranks as the 443rd largest and 696th most expensive of the 798 postcodes in the MK8 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 14 properties: 14 houses.
Sale prices range from £427,704 for 4 bedroom leasehold houses with a garden (1,597 ft2) to £815,947 for 5 bedroom freehold houses with a garden (2,626 ft2) .
Monthly rental prices range from £1,471 pcm for 4 bed houses to £2,741 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 5.2%.
The average value per square foot is £387.
The last sale in MK8 8BJ sold for £415,000 on 30th June 2021. Since then prices are up an average of 11.6%.
The current average value in the postcode is £594,027.
The MK8 8BJ Sales Market has increased by 28.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £594,027 |
| April 2025 | 1.8% | £589,969 |
| April 2024 | -2.1% | £579,755 |
| April 2023 | 4.9% | £592,173 |
| April 2022 | 8.7% | £564,420 |
| April 2021 | 5.6% | £519,060 |
| April 2020 | -1.4% | £491,567 |
| April 2019 | -2.6% | £498,474 |
| April 2018 | 3.9% | £511,685 |
| April 2017 | 6.6% | £492,370 |
| April 2016 | 10.3% | £461,948 |
| April 2015 | 11.1% | £418,842 |
| April 2014 | 11.5% | £377,085 |
| April 2013 | 3.1% | £338,082 |
| April 2012 | 3.7% | £328,020 |
| April 2011 | -1.5% | £316,205 |
| April 2010 | 10.2% | £321,071 |
| April 2009 | -13.5% | £291,233 |
| April 2008 | 1.6% | £336,705 |
| April 2007 | 0% | £331,494 |
The current average rental value in the postcode is £2,100.
The MK8 8BJ Rental Market has increased by 46.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £2,100pcm |
| April 2025 | 3.4% | £2,034pcm |
| April 2024 | 5.6% | £1,967pcm |
| April 2023 | 11.8% | £1,862pcm |
| April 2022 | 8% | £1,665pcm |
| April 2021 | 4.5% | £1,542pcm |
| April 2020 | 0.8% | £1,476pcm |
| April 2019 | -0.4% | £1,464pcm |
| April 2018 | 1.3% | £1,470pcm |
| April 2017 | 1.1% | £1,450pcm |
| April 2016 | 7.4% | £1,435pcm |
| April 2015 | 7.3% | £1,336pcm |
| April 2014 | 3.3% | £1,245pcm |
| April 2013 | 4.8% | £1,205pcm |
| April 2012 | 2.7% | £1,149pcm |
| April 2011 | 4.4% | £1,120pcm |
| April 2010 | 3.2% | £1,072pcm |
| April 2009 | -6.4% | £1,039pcm |
| April 2008 | 2.4% | £1,109pcm |
| April 2007 | 0% | £1,083pcm |
The last sale was on 30th June 2021 for £415,000 and since then the market in the area has increased by 11.6%. The postcode has had a total of 25 sales since 1995.
MK8 8BJ has seen no sales in the last three years and no sales in the last twelve months.
MK8 8BJ is the 443rd largest and the 696th most expensive postcode out of the 798 postcodes in the MK8 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK8 8BJ, 51.2% of property is privately rented and 21.7% 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 MK8 8BJ, 21.9% of residents are recorded as possessing school level qualifications and 46.5% 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 MK8 8BJ, the average age was 40.3 and the most common age was 42.
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 MK8 8BJ, 0.7% 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 MK8 8BJ, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
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.