Housing Market Analysis for MERRICK PLACE, MK3 5RU

Are you looking to understand MK3 5RU 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 5RU area, explore the MK3 5RU Area information page.
For comprehensive crime statistics in the MK3 5RU area, explore the MK3 5RU Crime Rates page.

Overview of Sold House prices

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

  • Flat
    • The average price is around £169,556 median price is £168,000 Standard Deviation is £8,271 with Total Sold: 9
    • The Last 5 Year average price is £169,556 with Total Sold: 9
    • The most recent sale happened at this postcode is FLAT 9, 1 MERRICK PLACE: £190,000 (Sold on 14 Nov 2022)
    • The first recorded sale happened at this postcode is FLAT 9, 1 MERRICK PLACE: £175,000 (Sold on 04 Dec 2019)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 5RU 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£190,000 £4,043 1
2020£165,750 £3,527 6
2019£170,750 £3,633 2

All the Sales in the MERRICK PLACE, MK3 5RU

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

AddressSold DatePrice% Change
FLAT 9, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr14 Nov 2022£190,0008.57%
04 Dec 2019£175,000First Sale
FLAT 1, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr03 Jul 2020£160,000First Sale
FLAT 5, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr26 Jun 2020£163,000First Sale
FLAT 3, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr29 May 2020£168,000First Sale
FLAT 8, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr26 Mar 2020£170,000First Sale
FLAT 2, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr20 Feb 2020£168,500First Sale
FLAT 4, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr30 Jan 2020£165,000First Sale
FLAT 7, 1 MERRICK PLACEFlat, LeaseholdArea: 47 Sq.mtr10 Dec 2019£166,500First Sale

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

MERRICK PLACE, MK3 5RU Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK3 5RU 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 5RU postcode.

  • Semi-Detached
    • The average price is around £296,621 median price is £301,000 Standard Deviation is £65,280 with Total Sold: 487
    • The Last 5 Year average price is £325,762 with Total Sold: 226
    • The most recent sale happened at this postcode is , 19 ST VINCENT AVENUE: £405,000 (Sold on 06 Sep 2024)
    • The first recorded sale happened at this postcode is , 45 SKYE CRESCENT: £250,000 (Sold on 19 Dec 2008)
  • Flat
    • The average price is around £175,450 median price is £185,000 Standard Deviation is £46,481 with Total Sold: 438
    • The Last 5 Year average price is £179,695 with Total Sold: 195
    • The most recent sale happened at this postcode is FLAT 7, 21 GALAPAGOS GROVE: £230,000 (Sold on 04 Sep 2024)
    • The first recorded sale happened at this postcode is , 12 TIREE COURT: £159,950 (Sold on 31 Aug 2010)
  • Terraced
    • The average price is around £281,333 median price is £290,000 Standard Deviation is £63,258 with Total Sold: 247
    • The Last 5 Year average price is £301,240 with Total Sold: 101
    • The most recent sale happened at this postcode is , 2 ROSEVEAR PLACE: £305,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 49 SKYE CRESCENT: £249,995 (Sold on 12 Dec 2008)
  • Detached
    • The average price is around £347,203 median price is £346,750 Standard Deviation is £81,790 with Total Sold: 320
    • The Last 5 Year average price is £386,110 with Total Sold: 116
    • The most recent sale happened at this postcode is , 82 TRINIDAD GROVE: £465,000 (Sold on 29 Jul 2024)
    • The first recorded sale happened at this postcode is , 8 TIREE COURT: £203,000 (Sold on 27 Aug 2010)
  • Other
    • The average price is around £202,153 median price is £124,750 Standard Deviation is £183,675 with Total Sold: 14
    • The Last 5 Year average price is £249,664 with Total Sold: 10
    • The most recent sale happened at this postcode is , 67 SKYE CRESCENT: £390,000 (Sold on 26 May 2023)
    • The first recorded sale happened at this postcode is , 15 TOBAGO DRIVE: £34,500 (Sold on 27 Jul 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£368,175 £4,307 10
2023£357,062 £3,977 32
2022£354,612 £3,647 24
2021£313,145 £3,326 57
2020£303,361 £3,881 57
2019£323,109 £3,383 46
2018£239,834 £2,810 23
2017£320,078 £3,469 51
2016£306,296 £3,126 57
2015£263,564 £3,482 41
2014£230,882 £2,646 38
2013£239,843 £2,143 29
2012£236,100 £2,021 9
2011£222,800 £1,854 2
2010£175,960 £7,141 5
2009£259,500 £2,305 5
2008£250,000 £6,887 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£217,235 £3,586 11
2023£178,517 £3,114 25
2022£190,949 £3,146 32
2021£160,352 £2,622 27
2020£173,041 £3,779 35
2019£179,872 £3,090 65
2018£187,090 £3,133 85
2017£172,124 £2,753 33
2016£180,146 £3,666 51
2015£160,160 £2,607 25
2014£152,071 £2,387 14
2013£138,821 £2,202 19
2012£140,082 £1,975 11
2011£141,200 £8,048 4
2010£159,950 £2,622 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£341,2506
2023£366,562 £3,725 8
2022£323,036 £3,703 14
2021£284,989 £3,135 24
2020£296,988 £3,345 20
2019£280,801 £3,226 29
2018£306,462 £3,372 26
2017£293,544 £3,481 34
2016£286,440 £3,261 25
2015£253,122 £2,956 23
2014£201,961 £2,272 14
2013£219,952 £2,215 9
2012£222,670 £1,874 7
2011£172,500 £2,362 2
2009£231,000 £4,434 2
2008£239,998 £4,383 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,000 £6,897 8
2023£433,318 £3,533 11
2022£431,955 £3,212 11
2021£366,775 £3,181 23
2020£370,578 £3,352 32
2019£373,434 £3,178 31
2018£341,295 £3,035 31
2017£404,558 £3,054 34
2016£374,486 £2,895 32
2015£307,206 £2,590 24
2014£292,208 £2,423 39
2013£263,961 £2,206 14
2012£252,454 £2,171 12
2011£273,780 £2,075 11
2010£213,127 £2,650 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£390,000 £3,645 1
2022£234,072 £1,425 9
2017£230,000 £3,833 1
2016£34,500 £427 3

House Type in MK3 5RU area

The most common house types in the MK3 5RU postcode area are Flat (85), Semi-detached (25), and Detached (15).

Total139
Flat85
Semi-detached25
Detached15
Terraced13
Shared house1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (113), and Private rented: Private landlord or letting agency (14).

Owned: Owns with a mortgage or loan113
Private rented: Private landlord or letting agency14
Social rented: Other social rented5
Shared ownership: Shared ownership3
Social rented: Rents from council or Local Authority2
Owned: Owns outright1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the MK3 5RU have 1 person in household (56), and 2 people in household (40).

1 person in household56
2 people in household40
3 people in household17
4 people in household17
5 people in household7
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0