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House Prices in MK16 House Prices in MK16 (Newport Pagnell)

The average house price in MK16 (Newport Pagnell) is £342,250 using HM Land Registry data.

The average property price increased by £72,932 (23.8%) over the last 5 years and increased by £14,580 (3.64%) over the last 12 months.

Over the last year, there were 218 residential property sales – a decrease of 30 transactions (-13.76%) relative to the previous year. The majority of house sales (67) were in the £270,000 - £350,000 range. Then came properties in the £350,000 - £430,000 range, where 49 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 72 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-6,000 (-1%).

In June 2024, there were 42 new estate agency instructions, 27 agreed home sales and 24 property price reductions.

Nearby Postcodes: LU5, LU7, MK10, MK11, MK12, MK13, MK14, MK15, MK17, MK18, MK19, MK2, MK3, MK4, MK40, MK41, MK42, MK43, MK44, MK45, MK46, MK5, MK6, MK7, MK8, MK9, NN11, NN12, NN29, NN3, NN4, NN5, NN6, NN7

5-Year Average Property Prices in MK16 (Newport Pagnell)

23.8%

Property prices in Newport Pagnell increased by 23.8% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in MK16 (Newport Pagnell) Over the Last Year

3.64%

Property prices in Newport Pagnell increased by 3.64% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Property Market Heat Gauge for MK16 (Newport Pagnell) - June 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in MK16 (Newport Pagnell)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in MK16 (Newport Pagnell)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in MK16 (Newport Pagnell)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the MK16 (Newport Pagnell) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK16 postcode area since 1995.

Recent Sales in MK16 (Newport Pagnell)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
43 Whitethorns, Newport Pagnell, Milton Keynes, MK16 0AY£250,000£234,000-£16,00004 Sep 202314 May 2024253 Days
9 Eliot Close, Newport Pagnell, Milton Keynes, MK16 8QS£425,000£415,000-£10,00016 Nov 202329 Apr 2024165 Days
42 Barnsbury Gardens, Newport Pagnell, Milton Keynes, MK16 0PJ£190,000£190,000£0026 Dec 202315 Mar 202480 Days
31 Ruskin Court, Newport Pagnell, Milton Keynes, MK16 0JL£195,000£190,000-£5,00012 Oct 202211 Mar 2024516 Days
30 Worcester Close, Newport Pagnell, Milton Keynes, MK16 8DH£430,000£430,000£0018 Oct 202305 Mar 2024139 Days
52 Linford Avenue, Newport Pagnell, Milton Keynes, MK16 8BY£325,000£325,000£0003 Oct 202312 Feb 2024132 Days
12 Brockwell, Newport Pagnell, Milton Keynes, MK16 0LA£480,000£480,000£0031 Jul 202312 Feb 2024196 Days
25 Glenwoods, Newport Pagnell, Milton Keynes, MK16 0NA£275,000£270,000-£5,00010 Sep 202309 Feb 2024152 Days
7 Ousebank Street, Newport Pagnell, Milton Keynes, MK16 8AP£450,000£430,000-£20,00019 Jul 202319 Jan 2024184 Days
55 Silver Street, Newport Pagnell, Milton Keynes, MK16 0EQ£315,000£305,000-£10,00001 Sep 202318 Jan 2024139 Days
2 Sitwell Close, Newport Pagnell, Milton Keynes, MK16 8QR£380,000£375,000-£5,00014 Jun 202312 Jan 2024212 Days
18 Carters Close, Sherington, Newport Pagnell, Milton Keynes, MK16 9NW£525,000£525,000£0010 Aug 202312 Jan 2024155 Days
5 Carters Close, Sherington, Newport Pagnell, Milton Keynes, MK16 9NW£525,000£525,000£0006 Nov 202311 Jan 202466 Days
167 Westbury Lane, Newport Pagnell, Milton Keynes, MK16 8RX£295,000£290,000-£5,00021 Jun 202305 Jan 2024198 Days
48 Ruskin Court, Newport Pagnell, Milton Keynes, MK16 0JL£120,000£112,000-£8,00022 Jun 202320 Dec 2023181 Days
26 Kilpin Green, North Crawley, Newport Pagnell, Milton Keynes, MK16 9LY£410,000£400,000-£10,00005 Jul 202320 Dec 2023168 Days
1 Welland Drive, Newport Pagnell, Milton Keynes, MK16 9DX£375,000£370,000-£5,00024 Aug 202315 Dec 2023113 Days
37 Spring Gardens, Newport Pagnell, Milton Keynes, MK16 0EE£290,000£290,000£0008 Aug 202315 Dec 2023129 Days
3 Nene Close, Newport Pagnell, Milton Keynes, MK16 9DE£375,000£365,000-£10,00026 Jun 202313 Dec 2023170 Days
42 Lakes Lane, Newport Pagnell, Milton Keynes, MK16 8HR£545,000£510,000-£35,00017 Jul 202311 Dec 2023147 Days

Most Expensive Streets in MK16 (Newport Pagnell)

PostcodeStreetAreaAverageNo. of Sales
MK16 8LPEakley Lanes, Stoke GoldingtonNewport Pagnell£1,096,6663
MK16 9HWEast End, North CrawleyNewport Pagnell£826,6663
MK16 9JSMain Road, AstwoodNewport Pagnell£744,3128
MK16 8EHHigh StreetNewport Pagnell£728,3333
MK16 9FWHazelmead Drive, SheringtonNewport Pagnell£726,32915
MK16 9FULauds Mews, SheringtonNewport Pagnell£706,6633
MK16 9FTSpring Mews, SheringtonNewport Pagnell£692,8537
MK16 8NRHigh Street, Stoke GoldingtonNewport Pagnell£658,0005
MK16 9JASheringtonNewport Pagnell£626,6663
MK16 8NPHigh Street, Stoke GoldingtonNewport Pagnell£624,62512

Least Expensive Streets in MK16 (Newport Pagnell)

PostcodeStreetAreaAverageNo. of Sales
MK16 0JLRuskin CourtNewport Pagnell£149,52520
MK16 8AYLawnsmead GardensNewport Pagnell£155,48521
MK16 9FDAddenbrookes RoadNewport Pagnell£157,68720
MK16 9BQIronbridge Works, Tickford Street, Newport PagnellNewport Pagnell£174,7005
MK16 8AQHigh StreetNewport Pagnell£175,0007
MK16 0EPSilver StreetNewport Pagnell£190,0003
MK16 0JFPetersham CloseNewport Pagnell£197,3333
MK16 9ALPriory StreetNewport Pagnell£197,5004
MK16 0JYGreen Farm RoadNewport Pagnell£199,5004
MK16 0NBGlenwoodsNewport Pagnell£210,6254

Explore MK16 (Newport Pagnell) using map

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