Housing Market Analysis for CHEPSTOW DRIVE, MK3 5NB

Are you looking to understand MK3 5NB house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Milton Keynes postcode.

For the location information and nearby amenities in the MK3 5NB area, explore the MK3 5NB Area information page.
For comprehensive crime statistics in the MK3 5NB area, explore the MK3 5NB Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK3 5NB postcode area, The average prices are as follows,

Terraced
- The average price is around £152,586 median price is £159,000 Standard Deviation is £83,160 with Total Sold: 11
- The Last 5 Year average price is £360,000 with Total Sold: 1
- The most recent sale happened at this postcode is 54 CHEPSTOW DRIVE: £360,000 (Sold on 30 Sep 2022)
- The first recorded sale happened at this postcode is 58 CHEPSTOW DRIVE: £65,000 (Sold on 17 Jul 1998)
Semi-Detached
- The average price is around £143,116 median price is £120,000 Standard Deviation is £85,028 with Total Sold: 21
- The Last 5 Year average price is £313,000 with Total Sold: 3
- The most recent sale happened at this postcode is 18A CHEPSTOW DRIVE: £365,000 (Sold on 29 Apr 2022)
- The first recorded sale happened at this postcode is 44 CHEPSTOW DRIVE: £64,000 (Sold on 24 Feb 1995)
Detached
- The average price is around £150,623 median price is £125,000 Standard Deviation is £65,804 with Total Sold: 11
- The Last 5 Year average price is £260,000 with Total Sold: 1
- The most recent sale happened at this postcode is 80 CHEPSTOW DRIVE: £260,000 (Sold on 28 Jun 2019)
- The first recorded sale happened at this postcode is 82 CHEPSTOW DRIVE: £63,000 (Sold on 13 Apr 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 5NB house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£360,000	£3,789	1
2016	£229,000	£3,578	1
2013	£168,000	£2,485	1
2007	£175,000	£2,734	1
2006	£160,000	£2,222	1
2005	£159,000	£2,484	1
2003	£139,950		1
2000	£76,748	£1,137	2
1999	£69,000	£986	1
1998	£65,000	£1,016	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£365,000	£4,620	1
2021	£291,000	£4,157	1
2019	£283,000	£3,494	1
2014	£189,950	£2,675	1
2007	£228,000	£2,284	1
2006	£182,248	£2,488	2
2005	£160,000	£2,254	1
2002	£125,248	£1,950	2
2001	£120,000	£1,714	1
2000	£88,500	£1,576	2
1999	£71,000	£1,050	3
1998	£82,500		1
1997	£72,333	£857	3
1995	£64,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£260,000	£3,662	1
2016	£227,950	£3,166	1
2013	£235,000	£2,152	1
2007	£205,000	£3,203	1
2002	£133,950	£2,093	1
2000	£108,975	£1,576	2
1999	£115,000	£913	1
1998	£99,500	£970	2
1995	£63,000	£577	1

All the Sales in the CHEPSTOW DRIVE, MK3 5NB

See the table below for more details on the sold house prices in the MK3 5NB, Milton Keynes postcode.

Address	Sold Date	Price	% Change
54 CHEPSTOW DRIVETerraced, FreeholdArea: 95 Sq.mtrAge: 1983-1990	30 Sep 2022	£360,000	First Sale
18A CHEPSTOW DRIVESemi-Detached, FreeholdArea: 79 Sq.mtrAge: 1996-2002	29 Apr 2022	£365,000	87.18%
	25 Oct 2006	£194,995	First Sale
60 CHEPSTOW DRIVESemi-Detached, FreeholdArea: 70 Sq.mtrAge: 1983-1990	13 Aug 2021	£291,000	123.85%
	28 Jun 2002	£129,995	8.33%
	07 Dec 2001	£120,000	57.89%
	09 Aug 1999	£76,000	26.67%
	10 Jul 1997	£60,000	First Sale
80 CHEPSTOW DRIVEDetached, FreeholdArea: 71 Sq.mtrAge: 1983-1990	28 Jun 2019	£260,000	First Sale
42 CHEPSTOW DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1983-1990	26 Jun 2019	£283,000	First Sale
58 CHEPSTOW DRIVETerraced, FreeholdArea: 64 Sq.mtrAge: 1983-1990	25 Nov 2016	£229,000	30.86%
	13 Aug 2007	£175,000	10.06%
	21 Jan 2005	£159,000	93.91%
	07 Apr 2000	£81,995	26.15%
	17 Jul 1998	£65,000	First Sale
50 CHEPSTOW DRIVEDetached, FreeholdArea: 72 Sq.mtrAge: 1983-1990	15 Apr 2016	£227,950	First Sale
70 CHEPSTOW DRIVESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1991-1995	31 Oct 2014	£189,950	18.72%
	28 Oct 2005	£160,000	122.22%
	05 Feb 1999	£72,000	First Sale
82 CHEPSTOW DRIVEDetached, FreeholdArea: 109.2 Sq.mtrAge: 1991-1995	18 Nov 2013	£235,000	273.02%
	13 Apr 1995	£63,000	First Sale
46A CHEPSTOW DRIVETerraced, FreeholdArea: 67.6 Sq.mtrAge: 1983-1990	08 Nov 2013	£168,000	-0.88%
	14 Aug 2006	£169,500	First Sale
48 CHEPSTOW DRIVEDetached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	25 Sep 2007	£205,000	53.04%
	22 May 2002	£133,950	First Sale
22 CHEPSTOW DRIVESemi-Detached, FreeholdArea: 99.84 Sq.mtrAge: 1983-1990	18 Jun 2007	£228,000	First Sale
56 CHEPSTOW DRIVETerraced, FreeholdArea: 72 Sq.mtrAge: 1983-1990	23 Oct 2006	£160,000	123.78%
	18 Feb 2000	£71,500	First Sale
28A CHEPSTOW DRIVETerraced, Freehold	29 May 2003	£139,950	First Sale
16 CHEPSTOW DRIVESemi-Detached, FreeholdArea: 59 Sq.mtrAge: 1983-1990	31 May 2002	£120,500	29.57%
	28 Sep 2000	£93,000	First Sale
46 CHEPSTOW DRIVESemi-Detached, Freehold	14 Nov 2000	£84,000	First Sale
34 CHEPSTOW DRIVEDetached, FreeholdArea: 78 Sq.mtrAge: 1967-1975	31 Oct 2000	£122,950	66.15%
	27 Feb 1998	£74,000	First Sale
14 CHEPSTOW DRIVEDetached, Freehold	11 Feb 2000	£95,000	First Sale
78 CHEPSTOW DRIVESemi-Detached, Freehold	10 Jun 1999	£65,000	First Sale
74 CHEPSTOW DRIVETerraced, FreeholdArea: 70 Sq.mtrAge: 1983-1990	30 Apr 1999	£69,000	First Sale
36 CHEPSTOW DRIVEDetached, FreeholdArea: 126 Sq.mtrAge: 1967-1975	13 Apr 1999	£115,000	-8.00%
	02 Nov 1998	£125,000	First Sale
18 CHEPSTOW DRIVESemi-Detached, Freehold	03 Sep 1998	£82,500	First Sale
44 CHEPSTOW DRIVESemi-Detached, Freehold	07 Nov 1997	£80,000	25.00%
44 CHEPSTOW DRIVESemi-Detached, Freehold	24 Feb 1995	£64,000	First Sale
12 CHEPSTOW DRIVESemi-Detached, Freehold	16 Sep 1997	£77,000	First Sale

Check out the sold house prices near the MK3 5NB postcode. Properties currently for saleProperties currently for rent

CHEPSTOW DRIVE, MK3 5NB Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK3 5NB postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the MK3 5NB postcode.

Semi-Detached
- The average price is around £140,512 median price is £130,000 Standard Deviation is £85,169 with Total Sold: 733
- The Last 5 Year average price is £275,146 with Total Sold: 91
- The most recent sale happened at this postcode is , 27 SANDOWN COURT: £245,000 (Sold on 10 Sep 2024)
- The first recorded sale happened at this postcode is , 38 AINTREE CLOSE: £58,950 (Sold on 04 Jan 1995)
Detached
- The average price is around £225,456 median price is £202,000 Standard Deviation is £138,095 with Total Sold: 536
- The Last 5 Year average price is £419,594 with Total Sold: 75
- The most recent sale happened at this postcode is , 29 CARTMEL CLOSE: £580,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 19 HAMILTON LANE: £130,000 (Sold on 06 Jan 1995)
Flat
- The average price is around £95,330 median price is £101,000 Standard Deviation is £58,430 with Total Sold: 124
- The Last 5 Year average price is £166,133 with Total Sold: 15
- The most recent sale happened at this postcode is , 28 KNARESBOROUGH COURT: £175,000 (Sold on 15 Jul 2024)
- The first recorded sale happened at this postcode is , 104 CHEPSTOW DRIVE: £19,750 (Sold on 25 Jan 1995)
Terraced
- The average price is around £127,811 median price is £124,498 Standard Deviation is £78,864 with Total Sold: 344
- The Last 5 Year average price is £239,981 with Total Sold: 48
- The most recent sale happened at this postcode is , 38 SANDOWN COURT: £256,000 (Sold on 24 May 2024)
- The first recorded sale happened at this postcode is , 16 ST CATHERINES AVENUE: £44,500 (Sold on 10 Feb 1995)
Other
- The average price is around £285,500 median price is £285,500 Standard Deviation is £54,500 with Total Sold: 2
- The Last 5 Year average price is £285,500 with Total Sold: 2
- The most recent sale happened at this postcode is , 85 HEXHAM GARDENS: £340,000 (Sold on 31 Mar 2023)
- The first recorded sale happened at this postcode is , 57 ST CLEMENTS DRIVE: £231,000 (Sold on 31 Aug 2022)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£314,000	£3,689	4
2023	£254,836	£3,578	11
2022	£306,526	£4,357	19
2021	£283,572	£3,798	19
2020	£247,044	£3,235	17
2019	£265,119	£3,505	21
2018	£254,874	£3,510	18
2017	£258,097	£3,628	19
2016	£254,161	£3,423	17
2015	£216,416	£2,664	12
2014	£182,847	£2,602	20
2013	£165,829	£2,179	19
2012	£142,778	£2,047	9
2011	£156,383	£2,050	9
2010	£150,125	£2,253	16
2009	£140,450	£1,905	11
2008	£158,617	£2,353	17
2007	£183,633	£2,367	30
2006	£147,738	£2,129	28
2005	£143,689	£2,025	34
2004	£145,375	£2,195	33
2003	£121,461	£1,748	47
2002	£100,278	£1,623	54
2001	£76,795	£1,145	44
2000	£71,866	£1,089	33
1999	£61,994	£851	46
1998	£58,609	£779	36
1997	£50,583	£758	38
1996	£45,625	£640	27
1995	£43,430	£679	25

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£477,500		4
2023	£456,752	£4,046	18
2022	£533,250	£4,290	8
2021	£372,845	£3,666	16
2020	£392,094	£3,632	16
2019	£371,769	£3,168	13
2018	£345,273	£3,727	11
2017	£388,933	£3,472	15
2016	£335,031	£3,356	14
2015	£323,233	£2,821	15
2014	£278,415	£2,456	12
2013	£264,500	£2,217	12
2012	£254,704	£2,392	13
2011	£268,650	£2,401	21
2010	£220,909	£2,094	11
2009	£213,199	£2,704	5
2008	£270,589	£2,519	9
2007	£254,259	£2,133	31
2006	£245,430	£2,332	15
2005	£211,366	£2,153	15
2004	£202,927	£1,941	19
2003	£176,137	£1,674	15
2002	£184,478	£1,781	30
2001	£152,591	£1,443	30
2000	£135,829	£1,258	24
1999	£115,320	£958	36
1998	£101,500	£878	33
1997	£102,636	£783	22
1996	£85,214	£751	29
1995	£82,122	£623	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£132,500		2
2023	£252,167	£3,772	3
2022	£191,000	£3,044	2
2021	£157,500	£3,048	2
2020	£120,700	£2,542	5
2019	£170,000	£3,953	1
2018	£175,000	£3,481	2
2017	£161,167	£2,970	6
2016	£106,125	£2,411	4
2015	£147,622	£2,834	2
2014	£135,000	£2,946	1
2013	£119,667	£2,547	3
2012	£81,350	£1,426	2
2011	£35,750	£860	2
2008	£118,200	£2,313	4
2007	£128,286	£2,402	7
2006	£68,071	£1,602	7
2005	£99,771	£1,956	12
2004	£122,625	£2,603	4
2003	£81,132	£1,706	11
2002	£73,972	£1,571	10
2001	£61,059	£1,323	17
1999	£24,498	£439	3
1998	£16,840	£349	5
1997	£42,033	£730	3
1996	£18,625		2
1995	£18,875	£336	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£334,667		3
2023	£278,500	£4,169	9
2022	£344,250	£3,945	4
2021	£221,714	£3,623	14
2020	£216,400	£3,358	8
2019	£179,640	£2,927	10
2018	£243,800	£3,381	10
2017	£188,167	£3,494	6
2016	£211,850	£3,262	10
2015	£180,818	£2,305	11
2014	£167,468	£2,270	16
2013	£154,408	£2,090	13
2012	£142,994	£2,352	9
2011	£120,083	£2,005	6
2010	£91,650	£1,409	5
2009	£97,625	£1,656	4
2008	£160,200	£2,610	5
2007	£142,636	£2,430	11
2006	£130,997	£2,045	20
2005	£117,625	£2,110	12
2004	£121,358	£1,953	12
2003	£118,697	£1,802	15
2002	£82,697	£1,685	17
2001	£81,309	£1,191	21
2000	£66,718	£1,156	18
1999	£54,127	£883	22
1998	£38,943	£667	15
1997	£41,113	£691	15
1996	£38,192	£631	13
1995	£38,975	£621	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£340,000	£5,152	1
2022	£231,000	£2,625	1

House Type in MK3 5NB area

The most common house types in the MK3 5NB postcode area are Semi-detached (54), Detached (50), and Terraced (29).

Total	133
Semi-detached	54
Detached	50
Terraced	29
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (52), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	52
Owned: Owns with a mortgage or loan	46
Private rented: Private landlord or letting agency	27
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK3 5NB have 2 people in household (42), and 1 person in household (38).

2 people in household	42
1 person in household	38
3 people in household	30
4 people in household	16
5 people in household	6
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0