Postcode District:
MK13
Postcode District Name:
New Bradwell
Location:
The MK13 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bancroft, Bancroft Park, Blue Bridge, Bradville, Bradwell, Bradwell Abbey, Bradwell Common, Heelands, Milton Keynes, New Bradwell, Rooksley, Stantonbury, Stonebridge, Stony Stratford, Wolverton.
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Amenities:
Notes:
If you have any comments about MK13 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK13" section.
A Mouseprice property guide for MK13 New Bradwell is coming soon. In the meantime, please have a look at the raw data and statistics about MK13 that can be found by click the relevant links on the left hand side.
Old area guide:
The commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date. We recommend disregarding these comments in favour of the data that can be found either above or in the other sections of this website.
Market trends:
The size of the property market in MK13 is 7386 homes.
Property in this postcode district (MK13) has been growing at a nominal annual rate of 16.1% over the last 5 years. This rate can be indicative ofa dynamic local economy and housing market. Property price growth in this area has significantly exceeded growth in earnings and the national average house price growth, and so the likelihood of it continuing will be dependent upon price earnings ratio, as well as investment by developers and local authorities in continually upgrading local infrastructure, schools, in addition to the continued strength of the local and national economies and any other economies upon which the area depends.
The average property in this postcode district was valued at £155744 over the last 3 months.
Since most banks lend money to buy property using their customers’ salary as a indicator of affordability, the price earnings ratio is a useful guide as to whether property in an area is expensive or not. Price Earnings Ratio in this postcode district is 7.7.
New transactions as a percentage of overall sales are 1.6%.
Housing stock:
Terraced Houses make up the most significant portion of the housing stock, representing 36.3% of the total.
The least common type of property in this area is Flats (9.8% of the total housing stock). alt="New Bradwell property">Socially rented accommodation represents a significant percentage of the total rented accommodation in the area at 20.8%.
The majority of property in this area is owner occupied.
The average price of a two bed property in this area is less that the national average of £187894 at £147659.
Who lives here:
Total population in this area is 17862.
The average age in this area is 34.
Single people make up 30.9% of the population in this postcode district.
Average working hours in this area for men are 42 and for women are 33.
This area has 29.7 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (21.6% of workers), followed by Construction (15.8%).
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