Housing Market Analysis for DERWENT DRIVE, MK3 7BQ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £159,181 median price is £147,750 Standard Deviation is £73,160 with Total Sold: 16
    • The Last 5 Year average price is £227,542 with Total Sold: 6
    • The most recent sale happened at this postcode is 36 DERWENT DRIVE: £290,000 (Sold on 13 Feb 2023)
    • The first recorded sale happened at this postcode is 12 DERWENT DRIVE: £41,650 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £158,000 median price is £181,000 Standard Deviation is £74,047 with Total Sold: 15
    • The Last 5 Year average price is £228,750 with Total Sold: 4
    • The most recent sale happened at this postcode is 42 DERWENT DRIVE: £260,000 (Sold on 31 Jul 2020)
    • The first recorded sale happened at this postcode is 38 DERWENT DRIVE: £31,500 (Sold on 01 Jun 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7BQ 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
2023£290,000 £3,580 1
2022£245,000 £2,917 1
2021£197,000 £2,994 1
2020£242,000 £2,951 1
2019£195,625 £2,450 2
2017£230,000 £2,840 1
2009£154,500 £1,658 1
2006£135,000 £1,753 2
2005£135,500 £1,559 2
2003£120,000 £1,429 1
1998£52,500 £563 1
1997£42,000 £519 1
1995£41,650 £447 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£260,000 £3,210 1
2019£218,333 £3,122 3
2018£225,000 £3,000 1
2017£240,000 £2,963 1
2016£195,000 £3,047 1
2015£181,000 £2,235 1
2008£128,000 £1,580 1
2007£145,000 £2,245 1
2004£121,000 £1,891 1
2003£62,000 £756 1
2002£86,500 £1,153 1
1997£40,000 £625 1
1995£31,500 £492 1

All the Sales in the DERWENT DRIVE, MK3 7BQ

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

AddressSold DatePrice% Change
36 DERWENT DRIVESemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1950-196613 Feb 2023£290,00026.09%
27 Jan 2017£230,00076.92%
24 Oct 2005£130,000209.52%
28 Nov 1997£42,000First Sale
8 DERWENT DRIVESemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-196624 Aug 2022£245,000104.17%
13 Mar 2003£120,000First Sale
28 DERWENT DRIVESemi-Detached, FreeholdArea: 65.8 Sq.mtrAge: 1950-196604 Mar 2021£197,000First Sale
42 DERWENT DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-196631 Jul 2020£260,0008.33%
31 Jul 2017£240,00032.60%
12 Jun 2015£181,00041.41%
06 May 2008£128,000First Sale
2 DERWENT DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196631 Jul 2020£242,000First Sale
34 DERWENT DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-196624 Sep 2019£161,25019.44%
25 Aug 2006£135,0000.0
22 May 2006£135,000First Sale
18 DERWENT DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-196613 Sep 2019£245,000295.16%
17 Nov 2003£62,000First Sale
38 DERWENT DRIVETerraced, FreeholdArea: 64 Sq.mtrAge: 1967-197507 Jun 2019£210,0007.69%
29 Mar 2016£195,00061.16%
30 Jul 2004£121,000202.50%
19 Dec 1997£40,00026.98%
01 Jun 1995£31,500First Sale
4 DERWENT DRIVESemi-Detached, FreeholdArea: 82 Sq.mtrAge: 1950-196626 Mar 2019£230,000First Sale
44 DERWENT DRIVETerraced, FreeholdArea: 64.6 Sq.mtrAge: 1950-196601 Feb 2019£200,00037.93%
07 Sep 2007£145,000First Sale
22 DERWENT DRIVETerraced, FreeholdArea: 75 Sq.mtrAge: 1967-197529 Jun 2018£225,000160.12%
16 Aug 2002£86,500First Sale
12 DERWENT DRIVESemi-Detached, FreeholdArea: 93.2 Sq.mtrAge: 1950-196607 Dec 2009£154,5009.57%
03 Aug 2005£141,000168.57%
27 Mar 1998£52,50026.05%
03 Mar 1995£41,650First Sale

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

DERWENT DRIVE, MK3 7BQ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £164,816 median price is £152,965 Standard Deviation is £89,566 with Total Sold: 1,147
    • The Last 5 Year average price is £299,461 with Total Sold: 176
    • 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 £149,088 median price is £141,000 Standard Deviation is £76,788 with Total Sold: 751
    • The Last 5 Year average price is £256,748 with Total Sold: 134
    • 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 £95,354 median price is £94,500 Standard Deviation is £56,095 with Total Sold: 101
    • 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 , 39 MIDDLESEX DRIVE: £20,000 (Sold on 19 May 1995)
  • Detached
    • The average price is around £222,352 median price is £211,500 Standard Deviation is £105,864 with Total Sold: 274
    • The Last 5 Year average price is £366,935 with Total Sold: 44
    • 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 , 29 NENE DRIVE: £55,000 (Sold on 27 Jun 1995)
  • Other
    • The average price is around £939,815 median price is £350,250 Standard Deviation is £1,389,985 with Total Sold: 10
    • The Last 5 Year average price is £567,130 with Total Sold: 5
    • 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 , 36 WALTON HEATH: £230,000 (Sold on 23 Jan 2015)

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£341,650 £4,048 39
2021£285,245 £3,324 47
2020£268,088 £3,095 17
2019£257,405 £3,120 29
2018£259,140 £3,238 34
2017£255,124 £3,229 40
2016£256,189 £2,989 42
2015£219,826 £2,614 36
2014£200,218 £2,244 27
2013£171,842 £2,222 19
2012£161,652 £1,860 23
2011£153,822 £1,857 30
2010£160,666 £1,930 21
2009£149,895 £1,732 26
2008£174,603 £2,128 29
2007£171,585 £2,035 53
2006£166,330 £2,050 50
2005£157,387 £1,820 46
2004£144,509 £1,791 51
2003£137,306 £1,626 56
2002£118,409 £1,314 65
2001£90,144 £1,063 70
2000£89,718 £961 36
1999£67,661 £810 60
1998£57,963 £693 44
1997£56,601 £638 46
1996£45,689 £558 39
1995£48,928 £595 28
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£306,725 £3,864 10
2023£307,656 £3,712 16
2022£285,521 £3,645 24
2021£235,605 £3,125 38
2020£233,029 £3,034 17
2019£229,224 £3,007 29
2018£232,846 £3,145 13
2017£240,750 £3,022 22
2016£206,789 £2,741 32
2015£178,640 £2,371 31
2014£166,105 £2,245 23
2013£163,906 £1,970 16
2012£146,392 £1,899 20
2011£144,618 £1,818 17
2010£145,184 £1,776 19
2009£128,060 £1,761 15
2008£137,577 £1,791 13
2007£154,755 £2,064 43
2006£143,106 £1,883 47
2005£134,409 £1,826 22
2004£132,723 £1,799 28
2003£116,945 £1,542 50
2002£100,116 £1,301 40
2001£71,680 £986 31
2000£68,534 £958 22
1999£53,994 £782 26
1998£49,734 £660 17
1997£45,543 £606 30
1996£39,865 £557 16
1995£37,340 £491 24
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£137,333 £2,156 3
2017£157,667 £2,233 3
2016£129,998 £1,812 3
2015£117,999 £1,647 5
2014£121,0001
2013£90,000 £1,343 1
2011£110,0001
2010£86,000 £1,162 3
2009£77,500 £1,167 5
2008£103,998 £1,860 3
2007£124,000 £1,660 5
2006£109,748 £1,484 6
2005£95,0001
2004£72,286 £1,165 7
2003£53,600 £837 7
2002£36,263 £563 10
2001£50,000 £1,064 1
2000£47,800 £697 5
1999£35,200 £427 5
1998£45,000 £529 1
1997£19,3502
1996£23,250 £393 2
1995£20,000 £250 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£381,667 £4,287 3
2023£398,000 £4,357 5
2022£339,336 £4,325 5
2021£412,667 £4,068 12
2020£325,833 £3,506 6
2019£338,957 £3,500 13
2018£346,500 £3,546 2
2017£326,929 £3,597 7
2016£309,332 £3,337 12
2015£291,493 £3,114 9
2014£259,050 £2,849 9
2013£270,100 £2,356 5
2012£249,621 £2,250 12
2011£196,688 £2,272 8
2010£201,993 £2,268 7
2009£181,450 £2,243 5
2008£213,900 £2,438 5
2007£220,958 £1,933 12
2006£235,353 £2,223 14
2005£199,800 £1,814 5
2004£212,409 £1,984 11
2003£187,854 £1,897 27
2002£177,541 £1,656 23
2001£121,676 £1,142 13
2000£102,166 £1,053 6
1999£96,612 £986 12
1998£91,194 £1,124 9
1997£75,618 £624 8
1996£74,333 £806 6
1995£52,5003
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £3,768 1
2022£254,000 £3,431 2
2020£950,0001
2019£1,110,1501
2018£302,5001
2016£2,645,000 £3,118 2
2015£485,000 £1,966 2

House Type in MK3 7BQ area

The most common house types in the MK3 7BQ postcode area are Terraced (57), Semi-detached (49), and Flat (9).

Total124
Terraced57
Semi-detached49
Flat9
commercial building7
Detached2
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Rents from council or Local Authority (51), and Owned: Owns with a mortgage or loan (37).

Social rented: Rents from council or Local Authority51
Owned: Owns with a mortgage or loan37
Owned: Owns outright19
Private rented: Private landlord or letting agency12
Shared ownership: Shared ownership1
Lives rent free1
Does not apply0
Social rented: Other social rented0
Private rented: Other private rented0

Number of People in a Household

The most houses in the MK3 7BQ have 1 person in household (47), and 2 people in household (27).

1 person in household47
2 people in household27
3 people in household24
4 people in household13
5 people in household6
6 people in household2
7 people in household2
0 people in household0
8 or more people in household0