|
|
MK6 (Oldbrook) area guide
Have your say - click here to share your opinions on MK6
|
 |
Postcode District:
MK6
Postcode District Name:
Oldbrook
Location:
The MK6 postcode district lies within or includes part of the following towns, counties, localities, electoral wards and stations: Ashland, Beanhill, Bleak Hall, Bletchley, Bletchley and Fenny Stratford, Campbell Park, Coffee Hall, Denbigh, Eaglestone, Eaglestone West, Fishermead, Leadenhall, Middleton, Milton Keynes, Netherfield, Oldbrook, Peartree Bridge, Redmoor, Simpson, Springfield, Tinkers Bridge, Walton Park, West Granby, Winterhill, Woughton, Woughton On The Green, Woughton Park.
|
|
History:
|
|
Present Day:
|
|
Amenities:
Notes:
If you have any comments about MK6 that you would like to share with all visitors to this site, please feel free to post anything in our "Have your say about MK6" section.
A Mouseprice property guide for MK6 Oldbrook is coming soon. In the meantime, please have a look at the raw data and statistics about MK6 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commentary below was written for the mouseprice.com website in 2006, please be aware that the comments below might be out of date.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 MK6 is 9956 homes.
Given that the nominal growth rate in this postcode district (MK6) 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.
Over the last 3 months, the average property value for this postcode district has been £138831.
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 8.
New transactions as a percentage of overall sales are 1.1%.
Housing stock:
The most commonly found type of housing in this area are Terraced Houses, making up 49.7% of the housing stock.
For those buyers keen to purchase Detached Houses, this would not be an ideal area, because only 16% are this type.
The property in this area caters well for retirees and young couples who do not have large families.
A high proportion of property in this area is socially rented.
A lower than average proportion of property in this area is owner occupied. This suggests that there is a very healthy rental market.
The average price of a two bed property in this area is higher than the national average of £187894 at £194811.
Who lives here:
Total population in this area is 23359.
The average age in this area is 32.
Single people make up 35% 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 23.5 people per square kilometre.
The largest source of work in this area is Wholesale & Retail (22% of workers), followed by Construction (14.2%).
|
|