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MK17 (Woburn Sands) area guide
Have your say - click here to share your opinions on MK17
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Postcode District:
MK17
Postcode District Name:
Woburn Sands
Location:
The MK17 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Aspley Guise, Battlesden, Bedfordshire, Bow Brickhill, Buckinghamshire, Cranfield, Danesborough, Drayton Parslow, Eversholt, Fen Farm, Great Brickhill, Great Horwood, Hulcote, Little Brickhill, Little Horwood, Loughton Park, Luffield Abbey, Milton Bryan, Milton Keynes, Mursley, Nash, Newton Longville, Potsgrove, Salford, Singleborough, Stewkley, Stoke Hammond, Swanbourne, Thornton, Tingrith, Walton Park, Wavendon, Westoning and Tingrith, Whaddon, Winslow, Woburn, Woburn Sands.
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History:
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Present Day:
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Amenities:
Notes:
If you have any comments about MK17 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK17" section.
A Mouseprice property guide for MK17 Woburn Sands is coming soon. In the meantime, please have a look at the raw data and statistics about MK17 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 MK17 is 6939 homes.
Given that the nominal growth rate in this postcode district (MK17) 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 £288366.
When examining the ability of consumers to further extend themselves in the face of increasing property prices, many commentators pay close attention to the price earnings ratio. Price Earnings Ratio in this postcode district is 9.8. Places like this represent the “well- heeled” districts of each postcode area. Although recently there have been some spectacular price increases in more expensive areas, in general, prices appreciate slowly in more expensive places because there is less demand for more expensive properties, and the turnover of them is slower because they are not commonly used as investment property.
New transactions as a percentage of overall sales are 5%.
Housing stock:
Detached Houses make up the most significant portion of the housing stock, representing 44.8% of the total.
For those buyers keen to purchase Flats, this would not be an ideal area, because only 7.3% are this type.
This is an area with a high proportion of property suitable for families with children.
Socially rented accommodation represents 10.5% 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 higher than the national average of £187894 at £373499.
Who lives here:
The population of this postcode district is 16324.
The average age in this area is 43.
This area has a high percentage of married people at 20.9%.
Average working hours in this area for men are 44 and for women are 33.
This area is relatively rural, with only 0.9 people per square kilometre.
Job prospects in this area are good with low unemployment (1.4%). Most jobs are found in the Real Estate and Wholesale & Retail sectors.
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