Housing Market Analysis for LOVATT DRIVE, MK3 7BU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £152,754 median price is £149,250 Standard Deviation is £86,979 with Total Sold: 26
- The Last 5 Year average price is £317,500 with Total Sold: 2
- The most recent sale happened at this postcode is 8 LOVATT DRIVE: £310,000 (Sold on 27 Sep 2021)
- The first recorded sale happened at this postcode is 43 LOVATT DRIVE: £60,000 (Sold on 06 Nov 1995)
Terraced
- The average price is around £160,806 median price is £146,750 Standard Deviation is £59,715 with Total Sold: 8
- The Last 5 Year average price is £217,500 with Total Sold: 2
- The most recent sale happened at this postcode is 21 LOVATT DRIVE: £200,000 (Sold on 16 Oct 2019)
- The first recorded sale happened at this postcode is 18 LOVATT DRIVE: £47,950 (Sold on 11 Sep 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7BU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£317,500	£2,644	2
2018	£297,500	£3,269	1
2017	£305,000	£2,748	1
2016	£217,500	£2,685	2
2015	£188,750	£2,210	2
2011	£157,000	£1,872	1
2008	£178,000	£1,956	1
2007	£170,000	£1,518	2
2006	£135,000	£2,077	1
2005	£141,500	£1,097	1
2004	£161,000	£1,691	2
2003	£125,000	£1,623	1
2002	£86,000	£1,000	1
2001	£65,000	£1,000	1
1999	£52,650		1
1998	£61,500	£628	2
1997	£64,300	£579	1
1996	£36,072		2
1995	£60,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£217,500	£3,050	2
2017	£242,500	£3,145	1
2013	£146,750	£1,835	2
2012	£133,750	£1,828	2
1995	£47,950	£434	1

All the Sales in the LOVATT DRIVE, MK3 7BU

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

Address	Sold Date	Price	% Change
8 LOVATT DRIVESemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1967-1975	27 Sep 2021	£310,000	82.35%
	14 Sep 2007	£170,000	First Sale
10 LOVATT DRIVESemi-Detached, FreeholdArea: 129 Sq.mtrAge: 1967-1975	19 Mar 2021	£325,000	129.68%
	01 Apr 2005	£141,500	First Sale
21 LOVATT DRIVETerraced, FreeholdArea: 64 Sq.mtrAge: 1950-1966	16 Oct 2019	£200,000	First Sale
23 LOVATT DRIVETerraced, FreeholdArea: 79 Sq.mtrAge: 1950-1966	14 Mar 2019	£235,000	58.25%
	19 Aug 2013	£148,500	12.50%
	13 Jul 2004	£132,000	First Sale
2 LOVATT DRIVESemi-Detached, FreeholdArea: 91 Sq.mtrAge: 1950-1966	12 Dec 2018	£297,500	67.13%
	16 Jan 2008	£178,000	First Sale
39 LOVATT DRIVESemi-Detached, FreeholdArea: 111 Sq.mtrAge: 1950-1966	18 Dec 2017	£305,000	60.53%
	23 Jul 2004	£190,000	195.49%
	12 Sep 1997	£64,300	First Sale
14 LOVATT DRIVETerraced, FreeholdArea: 77.1 Sq.mtrAge: 1950-1966	09 Jun 2017	£242,500	First Sale
7 LOVATT DRIVESemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	01 Jul 2016	£230,000	84.00%
	10 Jan 2003	£125,000	First Sale
20 LOVATT DRIVESemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1950-1966	14 Mar 2016	£205,000	138.37%
	30 Apr 2002	£86,000	59.26%
	25 Nov 1998	£54,000	First Sale
16 LOVATT DRIVESemi-Detached, FreeholdArea: 83.85 Sq.mtrAge: 1967-1975	10 Aug 2015	£187,500	19.43%
	11 Nov 2011	£157,000	First Sale
24 LOVATT DRIVESemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	03 Jul 2015	£190,000	First Sale
17 LOVATT DRIVETerraced, FreeholdArea: 81 Sq.mtrAge: 1950-1966	15 Feb 2013	£145,000	First Sale
13 LOVATT DRIVETerraced, FreeholdArea: 82 Sq.mtrAge: 1950-1966	31 Aug 2012	£144,000	First Sale
19 LOVATT DRIVETerraced, FreeholdArea: 65 Sq.mtrAge: 1967-1975	01 Jun 2012	£123,500	-8.52%
	11 Aug 2006	£135,000	107.69%
	04 May 2001	£65,000	First Sale
15 LOVATT DRIVESemi-Detached, Freehold	25 May 2007	£170,000	222.89%
15 LOVATT DRIVESemi-Detached, Freehold	08 Apr 1999	£52,650	First Sale
41 LOVATT DRIVESemi-Detached, Freehold	27 Feb 1998	£69,000	First Sale
4 LOVATT DRIVESemi-Detached, Freehold	29 Feb 1996	£35,150	-4.99%
4 LOVATT DRIVESemi-Detached, Freehold	29 Feb 1996	£36,995	First Sale
43 LOVATT DRIVESemi-Detached, Freehold	06 Nov 1995	£60,000	First Sale
18 LOVATT DRIVETerraced, FreeholdArea: 110.43 Sq.mtrAge: 1950-1966	11 Sep 1995	£47,950	First Sale

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

LOVATT DRIVE, MK3 7BU Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £162,633 median price is £150,000 Standard Deviation is £88,637 with Total Sold: 1,061
- The Last 5 Year average price is £296,663 with Total Sold: 169
- 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 £144,771 median price is £137,000 Standard Deviation is £77,479 with Total Sold: 836
- The Last 5 Year average price is £251,098 with Total Sold: 150
- 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 £109,944 median price is £115,000 Standard Deviation is £51,572 with Total Sold: 146
- The Last 5 Year average price is £167,025 with Total Sold: 30
- 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 £244,317 median price is £230,000 Standard Deviation is £125,587 with Total Sold: 303
- The Last 5 Year average price is £403,853 with Total Sold: 56
- The most recent sale happened at this postcode is , 141 BUCKINGHAM ROAD: £540,000 (Sold on 12 Jul 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 £423,692 median price is £302,500 Standard Deviation is £347,233 with Total Sold: 7
- The Last 5 Year average price is £423,336 with Total Sold: 4
- The most recent sale happened at this postcode is , 5 COLCHESTER WALK: £398,000 (Sold on 12 Aug 2022)
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,417	£3,848	12
2023	£314,734	£3,565	32
2022	£333,995	£4,019	30
2021	£274,573	£3,194	41
2020	£269,972	£2,929	18
2019	£278,410	£3,087	36
2018	£268,914	£3,147	29
2017	£250,582	£3,147	30
2016	£245,447	£2,836	29
2015	£223,249	£2,569	31
2014	£209,986	£2,277	30
2013	£165,083	£2,149	18
2012	£160,750	£1,689	18
2011	£159,443	£1,873	29
2010	£157,083	£1,927	18
2009	£146,714	£1,805	27
2008	£173,588	£2,031	28
2007	£170,940	£2,073	45
2006	£163,406	£1,996	43
2005	£153,944	£1,757	43
2004	£146,617	£1,807	56
2003	£133,203	£1,571	60
2002	£115,946	£1,336	63
2001	£90,041	£1,058	54
2000	£89,854	£898	32
1999	£68,009	£807	61
1998	£57,128	£667	42
1997	£56,843	£646	45
1996	£46,804	£551	35
1995	£49,917	£626	26

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,750	£2,305	11
2023	£301,529	£3,745	17
2022	£282,241	£3,697	27
2021	£231,930	£3,160	43
2020	£233,022	£2,969	23
2019	£224,052	£2,826	29
2018	£236,053	£3,023	19
2017	£232,553	£2,911	28
2016	£198,611	£2,734	38
2015	£181,489	£2,351	38
2014	£165,310	£2,196	24
2013	£149,612	£1,922	20
2012	£138,004	£1,734	21
2011	£136,833	£1,863	15
2010	£147,700	£1,755	15
2009	£123,479	£1,677	12
2008	£127,116	£1,618	15
2007	£145,170	£1,975	41
2006	£136,700	£1,834	40
2005	£131,734	£1,889	32
2004	£128,351	£1,672	35
2003	£113,616	£1,508	53
2002	£93,706	£1,344	43
2001	£71,565	£925	43
2000	£60,334	£964	26
1999	£51,005	£732	29
1998	£46,325	£670	23
1997	£43,493	£575	39
1996	£36,450	£518	15
1995	£36,236	£484	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£165,000		3
2023	£202,167	£3,694	3
2022	£212,333	£2,927	3
2021	£143,857	£2,687	7
2020	£147,679	£2,640	7
2019	£175,929	£2,930	7
2018	£155,000	£3,005	3
2017	£173,875	£2,976	4
2016	£164,332	£3,128	3
2015	£126,708	£2,020	6
2014	£135,000	£2,946	1
2013	£112,500	£2,108	2
2012	£115,000	£2,137	1
2011	£110,000		1
2010	£76,000	£986	2
2009	£80,667	£1,177	3
2008	£141,265	£2,608	3
2007	£124,591	£2,243	11
2006	£107,916	£1,863	6
2005	£116,031	£2,409	8
2004	£91,550	£1,804	10
2003	£81,586	£1,470	14
2002	£61,188	£1,298	14
2001	£77,375	£1,560	12
2000	£49,375	£732	4
1999	£34,750	£377	4
1998	£45,000	£529	1
1997	£19,350		2
1995	£15,250		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£429,000	£4,013	3
2023	£390,000	£3,547	7
2022	£438,977	£4,260	14
2021	£439,786	£3,743	14
2020	£329,167	£3,365	6
2019	£360,091	£3,453	12
2018	£381,667	£3,922	3
2017	£352,000	£3,631	10
2016	£324,615	£3,266	13
2015	£334,972	£2,774	15
2014	£298,528	£2,524	15
2013	£268,938	£2,282	8
2012	£217,242	£2,116	6
2011	£213,500	£2,038	7
2010	£233,990	£2,357	5
2009	£197,250	£2,243	5
2008	£223,833	£2,205	9
2007	£248,678	£2,220	14
2006	£223,968	£2,107	16
2005	£212,538	£1,798	13
2004	£214,125	£1,761	10
2003	£181,723	£1,683	20
2002	£155,830	£1,548	15
2001	£114,590	£1,178	11
2000	£123,400	£1,023	5
1999	£96,062	£1,017	12
1998	£93,979	£1,034	12
1997	£84,120	£616	12
1996	£79,064	£678	7
1995	£60,625	£769	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£254,000	£3,431	2
2020	£75,193	£458	1
2019	£1,110,150		1
2018	£302,500		1
2015	£485,000	£1,966	2

House Type in MK3 7BU area

The most common house types in the MK3 7BU postcode area are Semi-detached (58), Terraced (55), and Detached (3).

Total	118
Semi-detached	58
Terraced	55
Detached	3
Flat	1
Shared house	1
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 with a mortgage or loan (42), and Social rented: Rents from council or Local Authority (30).

Owned: Owns with a mortgage or loan	42
Social rented: Rents from council or Local Authority	30
Owned: Owns outright	26
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	3
Social rented: Other social rented	2
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0

Number of People in a Household

The most houses in the MK3 7BU have 2 people in household (35), and 1 person in household (32).

2 people in household	35
1 person in household	32
3 people in household	23
4 people in household	17
5 people in household	8
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0