Housing Market Analysis for DERWENT DRIVE, MK3 7BE

Are you looking to understand MK3 7BE 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 7BE area, explore the MK3 7BE Area information page.
For comprehensive crime statistics in the MK3 7BE area, explore the MK3 7BE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK3 7BE postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £185,499 median price is £194,000 Standard Deviation is £35,671 with Total Sold: 9
    • The Last 5 Year average price is £226,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 54 DERWENT DRIVE: £240,000 (Sold on 05 Nov 2020)
    • The first recorded sale happened at this postcode is 60 DERWENT DRIVE: £120,000 (Sold on 25 Jul 2008)
  • Detached
    • The average price is around £183,332 median price is £170,000 Standard Deviation is £65,998 with Total Sold: 3
    • The most recent sale happened at this postcode is 64 DERWENT DRIVE: £270,000 (Sold on 28 Jul 2017)
    • The first recorded sale happened at this postcode is 64 DERWENT DRIVE: £109,995 (Sold on 04 Apr 2001)
  • Semi-Detached
    • The average price is around £115,500 median price is £115,500 Standard Deviation is £29,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 62A DERWENT DRIVE: £145,000 (Sold on 17 Jul 2009)
    • The first recorded sale happened at this postcode is 58 DERWENT DRIVE: £86,000 (Sold on 21 Mar 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7BE 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£226,500 £3,092 2
2017£202,000 £2,092 1
2016£202,000 £2,555 2
2015£176,498 £2,288 2
2010£137,500 £1,424 1
2008£120,000 £1,881 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£270,000 £3,333 1
2006£170,000 £2,099 1
2001£109,995 £1,358 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£145,0001
2002£86,0001

All the Sales in the DERWENT DRIVE, MK3 7BE

See the table below for more details on the sold house prices in the MK3 7BE, Milton Keynes postcode.

AddressSold DatePrice% Change
54 DERWENT DRIVETerraced, FreeholdArea: 84.38 Sq.mtrAge: 1950-196605 Nov 2020£240,00014.29%
26 Feb 2016£210,000First Sale
60 DERWENT DRIVETerraced, FreeholdArea: 63.78 Sq.mtrAge: 1950-196629 May 2020£213,00023.12%
30 Nov 2015£173,00044.17%
25 Jul 2008£120,000First Sale
56 DERWENT DRIVETerraced, FreeholdArea: 96.56 Sq.mtrAge: 1967-197504 Dec 2017£202,00012.23%
07 Sep 2015£179,99530.91%
25 Nov 2010£137,500First Sale
64 DERWENT DRIVEDetached, FreeholdArea: 81 Sq.mtrAge: 1967-197528 Jul 2017£270,00058.82%
17 Jul 2006£170,00054.55%
04 Apr 2001£109,995First Sale
62 DERWENT DRIVETerraced, FreeholdArea: 74 Sq.mtrAge: 1950-196631 Mar 2016£194,000First Sale
62A DERWENT DRIVESemi-Detached, Freehold17 Jul 2009£145,000First Sale
58 DERWENT DRIVESemi-Detached, Freehold21 Mar 2002£86,000First Sale

Check out the sold house prices near the MK3 7BE postcode. Properties currently for saleProperties currently for rent

DERWENT DRIVE, MK3 7BE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK3 7BE 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 7BE postcode.

  • Terraced
    • The average price is around £145,491 median price is £139,000 Standard Deviation is £75,553 with Total Sold: 809
    • The Last 5 Year average price is £254,129 with Total Sold: 145
    • The most recent sale happened at this postcode is , 48 TYNE SQUARE: £320,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 116 SEVERN WAY: £56,500 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £96,735 median price is £93,250 Standard Deviation is £58,313 with Total Sold: 84
    • The Last 5 Year average price is £162,738 with Total Sold: 20
    • The most recent sale happened at this postcode is , 37 KENNET DRIVE: £195,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 8, LANARK HOUSE CUMBRIA CLOSE: £19,000 (Sold on 27 Sep 1996)
  • Semi-Detached
    • The average price is around £164,544 median price is £152,500 Standard Deviation is £88,142 with Total Sold: 1,110
    • The Last 5 Year average price is £297,938 with Total Sold: 165
    • The most recent sale happened at this postcode is , 16 KENILWORTH DRIVE: £320,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 40 KENNET DRIVE: £41,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £231,190 median price is £225,000 Standard Deviation is £109,979 with Total Sold: 341
    • The Last 5 Year average price is £394,315 with Total Sold: 50
    • The most recent sale happened at this postcode is , 54 SHENLEY ROAD: £425,000 (Sold on 02 Aug 2024)
    • The first recorded sale happened at this postcode is , 15 TWEED DRIVE: £91,000 (Sold on 10 Apr 1995)
  • Other
    • The average price is around £633,308 median price is £267,500 Standard Deviation is £1,273,211 with Total Sold: 13
    • The Last 5 Year average price is £258,500 with Total Sold: 3
    • The most recent sale happened at this postcode is , 54 MERSEY WAY: £267,500 (Sold on 03 Apr 2024)
    • The first recorded sale happened at this postcode is , 19 WITHAM COURT: £105,000 (Sold on 17 Jul 2013)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,404 £3,084 13
2023£287,812 £3,672 16
2022£285,440 £3,580 25
2021£240,232 £3,140 41
2020£228,618 £3,069 17
2019£231,773 £2,923 33
2018£230,154 £3,072 13
2017£231,130 £2,947 23
2016£203,257 £2,731 34
2015£175,480 £2,248 33
2014£163,948 £2,197 21
2013£147,696 £1,933 14
2012£134,952 £1,849 22
2011£139,944 £1,755 18
2010£149,944 £1,834 18
2009£127,494 £1,664 18
2008£141,541 £1,783 12
2007£152,826 £2,043 46
2006£140,646 £1,875 48
2005£135,055 £1,793 27
2004£132,903 £1,788 31
2003£115,066 £1,444 49
2002£103,942 £1,319 49
2001£71,023 £978 37
2000£63,285 £946 27
1999£52,814 £746 27
1998£48,586 £687 20
1997£43,541 £564 36
1996£41,310 £528 14
1995£36,820 £482 27
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£160,0002
2023£216,667 £2,918 3
2022£190,000 £2,714 1
2021£138,400 £2,507 5
2020£140,312 £2,144 4
2019£168,300 £2,614 5
2018£149,000 £2,156 2
2017£157,667 £2,233 3
2016£109,998 £1,656 2
2015£116,250 £1,613 4
2014£121,0001
2013£90,000 £1,343 1
2011£110,0001
2010£76,000 £986 2
2009£80,667 £1,177 3
2008£118,498 £1,747 2
2007£120,833 £1,708 3
2006£104,624 £1,401 4
2005£95,0001
2004£72,286 £1,165 7
2003£49,033 £784 6
2002£33,070 £521 9
2001£50,000 £1,064 1
2000£49,375 £732 4
1999£34,750 £377 4
1998£45,000 £529 1
1997£19,3502
1996£19,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£311,458 £3,403 12
2023£325,517 £3,634 29
2022£344,343 £3,974 35
2021£274,057 £3,244 44
2020£270,469 £3,118 16
2019£260,147 £3,133 29
2018£260,750 £3,193 33
2017£257,390 £3,201 37
2016£258,071 £3,016 41
2015£219,964 £2,603 35
2014£202,105 £2,250 27
2013£176,937 £2,083 16
2012£165,714 £1,910 21
2011£152,309 £1,876 27
2010£160,210 £1,943 19
2009£149,165 £1,756 26
2008£174,603 £2,128 29
2007£171,383 £2,027 53
2006£169,000 £2,024 49
2005£160,504 £1,874 47
2004£147,862 £1,745 51
2003£135,904 £1,601 56
2002£118,573 £1,305 67
2001£91,426 £1,094 68
2000£90,775 £985 34
1999£66,530 £767 57
1998£57,753 £695 45
1997£57,737 £644 45
1996£44,955 £580 36
1995£49,808 £594 26
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,000 £4,072 5
2023£466,429 £3,980 7
2022£424,397 £4,301 8
2021£391,000 £3,286 10
2020£354,000 £3,249 10
2019£330,560 £3,641 10
2018£500,0001
2017£340,708 £3,478 12
2016£325,576 £3,043 13
2015£298,035 £2,737 14
2014£246,541 £2,471 11
2013£280,300 £2,312 5
2012£247,056 £2,234 16
2011£210,800 £1,946 5
2010£223,912 £2,285 12
2009£201,125 £2,823 2
2008£226,583 £2,243 6
2007£232,909 £2,306 11
2006£251,426 £2,080 21
2005£214,400 £1,791 10
2004£221,533 £1,925 15
2003£191,500 £1,929 24
2002£177,060 £1,665 36
2001£141,725 £1,341 22
2000£126,222 £1,052 9
1999£104,758 £1,010 13
1998£92,064 £1,124 11
1997£74,771 £702 9
1996£74,357 £759 7
1995£76,083 £558 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £3,768 1
2022£254,000 £3,431 2
2018£302,5001
2017£475,000 £3,084 1
2016£2,645,000 £3,118 2
2015£485,000 £1,966 2
2013£105,000 £1,219 4

House Type in MK3 7BE area

The most common house types in the MK3 7BE postcode area are Semi-detached (69), Terraced (31), and Detached (11).

Total121
Semi-detached69
Terraced31
Detached11
Flat8
Shared house1
commercial building1
converted 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 (47), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan47
Owned: Owns outright33
Social rented: Rents from council or Local Authority23
Private rented: Private landlord or letting agency14
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK3 7BE have 2 people in household (46), and 3 people in household (30).

2 people in household46
3 people in household30
1 person in household23
4 people in household15
5 people in household6
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0