Postcode District:
MK15
Postcode District Name:
Willen
Location:
The MK15 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Bolbeck Park, Campbell Park, Conniburrow, Downhead Park, Fox Milne, Linford North, Linford South, Middleton, Milton Keynes, Newlands, Northfield, Pennyland, Pennylands, Pineham, Tongwell, Walton Park, Willen, Willen Lake, Willen Park, Woolstone.
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Amenities:
Notes:
If you have any comments about MK15 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK15" section.
A Mouseprice property guide for MK15 Willen is coming soon. In the meantime, please have a look at the raw data and statistics about MK15 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 MK15 is 2633 homes.
Given that the nominal growth rate in this postcode district (MK15) has been about 16.1% over the last 5 years, it would be reasonable to assume that this isa 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.
Average property prices in this postcode district over the last three months have been approximately £198665.
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 7.3.
New transactions as a percentage of overall sales are 1.4%.
Housing stock:
Over half of the properties in the area are Detached Houses, at 51% of the total housing stock.
Flats account for the lowest percentage of the housing stock in this district, at only 6.4%.
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 9.5% of the total rented accommodation in the area.
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 £149489.
Who lives here:
The population of this postcode district is 6564.
The average age in this area is 38.
This area has a high percentage of married people at 25%.
Average working hours in this area for men are 43 and for women are 33.
This area has 15.5 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (18.1% of workers), followed by Construction (17.4%).
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