Housing Market Analysis for DERWENT DRIVE, MK3 7BG

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £139,500 median price is £139,500 Standard Deviation is £95,500 with Total Sold: 2
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 23 DERWENT DRIVE: £235,000 (Sold on 01 Apr 2021)
    • The first recorded sale happened at this postcode is 23 DERWENT DRIVE: £44,000 (Sold on 03 Sep 1998)
  • Terraced
    • The average price is around £88,250 median price is £110,000 Standard Deviation is £41,246 with Total Sold: 5
    • The most recent sale happened at this postcode is 41 DERWENT DRIVE: £139,000 (Sold on 18 Dec 2009)
    • The first recorded sale happened at this postcode is 43 DERWENT DRIVE: £32,000 (Sold on 22 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7BG 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£235,000 £2,670 1
1998£44,000 £500 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£139,000 £1,566 1
2006£110,000 £1,833 1
2003£80,125 £788 2
1995£32,0001

All the Sales in the DERWENT DRIVE, MK3 7BG

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

AddressSold DatePrice% Change
23 DERWENT DRIVESemi-Detached, FreeholdArea: 88 Sq.mtrAge: 1967-197501 Apr 2021£235,000434.09%
03 Sep 1998£44,000First Sale
41 DERWENT DRIVETerraced, FreeholdArea: 88.76 Sq.mtrAge: 1950-196618 Dec 2009£139,000First Sale
29 DERWENT DRIVETerraced, FreeholdArea: 60 Sq.mtrAge: 1950-196624 Mar 2006£110,000132.80%
24 Feb 2003£47,250First Sale
43 DERWENT DRIVETerraced, Freehold21 Nov 2003£113,000253.12%
22 Sep 1995£32,000First Sale

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

DERWENT DRIVE, MK3 7BG Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £164,118 median price is £152,000 Standard Deviation is £88,213 with Total Sold: 1,130
    • The Last 5 Year average price is £297,245 with Total Sold: 172
    • The most recent sale happened at this postcode is , 17 BRAMBER CLOSE: £287,000 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 40 KENNET DRIVE: £41,000 (Sold on 20 Jan 1995)
  • Terraced
    • The average price is around £145,503 median price is £139,000 Standard Deviation is £76,063 with Total Sold: 834
    • The Last 5 Year average price is £252,810 with Total Sold: 151
    • 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 £96,036 median price is £92,000 Standard Deviation is £59,182 with Total Sold: 83
    • 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 , 32 CAERNARVON CRESCENT: £15,250 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £218,456 median price is £207,500 Standard Deviation is £113,653 with Total Sold: 236
    • The Last 5 Year average price is £376,665 with Total Sold: 38
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£309,577 £3,403 13
2023£320,242 £3,617 31
2022£342,191 £3,964 36
2021£275,300 £3,268 45
2020£268,088 £3,095 17
2019£263,642 £3,124 30
2018£258,932 £3,172 33
2017£256,880 £3,204 38
2016£254,657 £2,974 41
2015£220,641 £2,614 37
2014£200,494 £2,250 28
2013£170,368 £2,090 19
2012£161,905 £1,853 21
2011£154,195 £1,867 30
2010£160,700 £1,952 20
2009£149,165 £1,756 26
2008£174,603 £2,128 29
2007£171,648 £2,015 56
2006£164,834 £1,949 48
2005£157,387 £1,820 46
2004£144,530 £1,717 51
2003£134,047 £1,601 57
2002£116,232 £1,275 63
2001£91,249 £1,072 65
2000£90,425 £977 35
1999£66,530 £767 57
1998£57,650 £689 46
1997£57,727 £634 47
1996£44,548 £567 39
1995£49,808 £594 26
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£286,404 £3,084 13
2023£295,588 £3,646 17
2022£283,796 £3,585 27
2021£231,866 £3,110 41
2020£234,214 £3,041 21
2019£229,328 £2,931 32
2018£230,154 £3,072 13
2017£236,750 £2,977 26
2016£202,322 £2,687 38
2015£176,524 £2,287 35
2014£163,948 £2,197 21
2013£157,397 £1,903 17
2012£139,143 £1,844 24
2011£136,235 £1,754 17
2010£149,421 £1,833 19
2009£123,524 £1,677 17
2008£136,423 £1,783 13
2007£147,680 £2,024 47
2006£140,632 £1,872 49
2005£132,407 £1,793 27
2004£132,937 £1,788 32
2003£115,341 £1,455 52
2002£93,967 £1,336 41
2001£70,469 £966 38
2000£62,453 £946 28
1999£53,292 £741 29
1998£48,415 £676 21
1997£43,486 £563 37
1996£38,810 £525 14
1995£36,523 £476 28
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£181,500 £2,367 2
2016£159,995 £2,247 1
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
1995£15,2501
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£433,333 £3,988 6
2022£415,030 £4,317 6
2021£391,000 £3,394 10
2020£341,429 £3,296 7
2019£312,262 £3,427 8
2018£381,500 £3,653 2
2017£325,438 £3,589 8
2016£307,541 £3,182 12
2015£289,550 £2,711 10
2014£256,041 £2,410 11
2013£275,625 £2,274 4
2012£210,883 £2,190 9
2011£188,917 £1,905 6
2010£193,590 £2,377 5
2009£185,750 £2,488 3
2008£180,500 £2,273 4
2007£222,649 £2,032 10
2006£219,450 £2,120 10
2005£207,875 £1,773 8
2004£207,714 £1,917 7
2003£179,376 £1,816 17
2002£153,662 £1,771 12
2001£116,703 £1,106 12
2000£117,999 £1,108 7
1999£96,185 £1,066 10
1998£92,070 £1,124 10
1997£78,294 £688 10
1996£74,357 £759 7
1995£62,125 £433 4
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 7BG area

The most common house types in the MK3 7BG 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 7BG 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