Average Price for property in MK5 is around £331,978 which varies based on type of property you are interested in and ranges from £451,969 for detached house to around £209,996 for semi-detached. Similarly terraced house is around £210,846 and a flat is worth £125,669. Values have been changing and have risen £2,109 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,039 in last 6 months, £26,947 in last 1 year, £46,820 in last 2 years, £51,544 in last 3 years, £45,998 in last 4 years and £54,021 in last 5 years.
Currently average asking price of a property in MK5 is around £398,239 based on approximately 179 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £1,906 per month.
Estimated property value in MK5 is £331,978. Average asking price is £398,239 while average price paid is £291,081 which is up by £26,947 and Avg. asking rent £1,906.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in MK5 area. In last 1 year alone average price buyer paid is around £291,081 based on approximately 179 sales in MK5 area alone. If you compare it to last 3 years sales of 545 properties where buyers paid around £277,560. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £269,600 for 930 and average amount paid for purchase of approx. 1,346 properties sold in last 7 years comes to about £257,666 per sale.