Housing Market Analysis for MERSEY WAY, MK3 7PS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £196,733 median price is £181,475 Standard Deviation is £55,422 with Total Sold: 6
    • The most recent sale happened at this postcode is 31 MERSEY WAY: £272,500 (Sold on 19 Jan 2018)
    • The first recorded sale happened at this postcode is 33 MERSEY WAY: £163,000 (Sold on 10 Oct 2005)
  • Detached
    • The average price is around £203,875 median price is £198,500 Standard Deviation is £82,850 with Total Sold: 4
    • The most recent sale happened at this postcode is 19 MERSEY WAY: £325,000 (Sold on 20 May 2016)
    • The first recorded sale happened at this postcode is 19 MERSEY WAY: £93,500 (Sold on 20 May 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7PS 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
2018£272,500 £3,539 1
2016£264,950 £2,366 1
2009£140,0002
2006£199,950 £2,469 1
2005£163,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£325,000 £2,814 1
2012£198,500 £2,054 2
1999£93,500 £810 1

All the Sales in the MERSEY WAY, MK3 7PS

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

AddressSold DatePrice% Change
31 MERSEY WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1967-197519 Jan 2018£272,500First Sale
37 MERSEY WAYSemi-Detached, FreeholdArea: 112 Sq.mtrAge: 1967-197526 Aug 2016£264,950First Sale
19 MERSEY WAYDetached, FreeholdArea: 115.5 Sq.mtrAge: 1967-197520 May 2016£325,00051.16%
09 Feb 2012£215,000129.95%
20 May 1999£93,500First Sale
41 MERSEY WAYDetached, FreeholdArea: 81 Sq.mtrAge: 1967-197526 Oct 2012£182,000-8.98%
13 Oct 2006£199,950First Sale
29 MERSEY WAYSemi-Detached, Freehold30 Oct 2009£155,00024.00%
29 Jun 2009£125,000First Sale
33 MERSEY WAYSemi-Detached, Freehold10 Oct 2005£163,000First Sale

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

MERSEY WAY, MK3 7PS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £140,903 median price is £136,000 Standard Deviation is £76,689 with Total Sold: 733
    • The Last 5 Year average price is £247,214 with Total Sold: 111
    • 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 £77,180 median price is £59,500 Standard Deviation is £53,460 with Total Sold: 112
    • The Last 5 Year average price is £127,935 with Total Sold: 23
    • 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 , 3 QUANTOCK CRESCENT: £20,500 (Sold on 19 Apr 1995)
  • Detached
    • The average price is around £227,504 median price is £215,000 Standard Deviation is £116,083 with Total Sold: 796
    • The Last 5 Year average price is £396,035 with Total Sold: 99
    • The most recent sale happened at this postcode is , 32 BOTTESFORD CLOSE: £340,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 32 NORMANDY WAY: £94,000 (Sold on 28 Feb 1995)
  • Semi-Detached
    • The average price is around £157,941 median price is £150,000 Standard Deviation is £86,856 with Total Sold: 859
    • The Last 5 Year average price is £289,907 with Total Sold: 116
    • The most recent sale happened at this postcode is , 6 WYE CLOSE: £400,000 (Sold on 26 Jun 2024)
    • The first recorded sale happened at this postcode is , 40 KENNET DRIVE: £41,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £930,322 median price is £267,500 Standard Deviation is £1,569,912 with Total Sold: 11
    • The Last 5 Year average price is £1,795,272 with Total Sold: 2
    • 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£290,179 £4,105 7
2023£283,042 £3,932 12
2022£267,605 £3,636 19
2021£249,547 £3,480 32
2020£219,467 £3,488 15
2019£217,346 £3,228 26
2018£233,694 £3,300 18
2017£244,833 £3,306 15
2016£210,062 £3,096 28
2015£178,975 £2,483 26
2014£166,170 £2,234 23
2013£163,286 £2,457 14
2012£141,310 £2,283 14
2011£144,389 £1,956 18
2010£147,115 £1,965 13
2009£132,200 £1,713 17
2008£134,409 £2,047 11
2007£151,120 £2,241 38
2006£141,708 £2,025 36
2005£133,811 £2,075 27
2004£136,771 £2,031 30
2003£127,536 £1,838 59
2002£104,071 £1,356 41
2001£74,150 £1,181 42
2000£64,845 £1,020 29
1999£53,225 £837 32
1998£52,179 £788 18
1997£44,547 £717 38
1996£41,923 £591 15
1995£39,650 £506 20
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£120,7502
2023£198,700 £3,098 5
2022£190,000 £2,714 1
2021£100,083 £1,481 6
2020£100,000 £2,107 3
2019£102,833 £1,640 6
2018£98,357 £1,568 7
2017£157,667 £2,233 3
2016£66,000 £1,094 3
2015£100,861 £1,720 4
2014£68,625 £989 4
2013£42,500 £943 2
2012£48,500 £947 1
2011£100,000 £1,241 2
2010£76,625 £1,434 4
2009£43,833 £762 3
2008£64,104 £1,560 6
2007£105,000 £1,849 5
2006£94,748 £1,354 4
2005£57,5001
2004£73,167 £416 3
2003£78,200 £1,553 5
2002£36,440 £412 9
2001£27,188 £368 4
2000£44,250 £658 2
1999£29,333 £456 3
1998£32,750 £630 2
1997£23,740 £374 5
1996£20,799 £332 5
1995£17,375 £303 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£448,556 £4,072 9
2023£466,221 £4,338 12
2022£412,450 £4,274 10
2021£401,204 £3,846 27
2020£376,214 £3,381 22
2019£333,794 £3,552 19
2018£421,797 £3,316 16
2017£355,428 £3,510 21
2016£344,091 £3,307 22
2015£310,296 £2,841 31
2014£250,427 £2,486 28
2013£240,126 £2,244 17
2012£245,969 £2,263 28
2011£208,875 £2,196 16
2010£253,782 £2,277 23
2009£236,321 £2,274 7
2008£255,353 £2,130 17
2007£232,179 £2,149 25
2006£236,731 £2,248 43
2005£236,473 £1,975 19
2004£216,207 £1,973 38
2003£196,139 £1,970 50
2002£173,132 £1,639 70
2001£157,460 £1,399 79
2000£121,813 £1,182 33
1999£104,392 £947 32
1998£90,642 £996 26
1997£92,205 £809 17
1996£82,572 £806 21
1995£69,542 £668 18
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£293,125 £3,801 8
2023£306,276 £3,795 19
2022£338,258 £3,915 30
2021£257,741 £3,258 27
2020£271,733 £3,180 15
2019£251,897 £3,397 17
2018£256,171 £3,253 19
2017£248,703 £3,323 32
2016£252,855 £3,155 28
2015£216,831 £2,605 24
2014£196,492 £2,355 20
2013£162,032 £2,383 14
2012£166,681 £1,971 18
2011£155,219 £1,994 16
2010£165,694 £1,949 18
2009£145,489 £1,817 19
2008£172,518 £2,168 26
2007£171,741 £2,224 41
2006£166,727 £2,220 35
2005£158,467 £1,974 40
2004£147,006 £1,848 36
2003£137,393 £1,653 45
2002£120,294 £1,359 55
2001£93,223 £1,139 58
2000£87,569 £1,108 33
1999£66,920 £853 43
1998£60,083 £799 36
1997£55,251 £685 38
1996£46,151 £620 31
1995£46,905 £551 18
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £3,768 1
2020£3,323,0441
2017£266,500 £2,042 2
2016£2,645,000 £3,118 2
2015£400,0001
2013£105,000 £1,219 4

House Type in MK3 7PS area

The most common house types in the MK3 7PS postcode area are Semi-detached (69), Terraced (32), and Detached (15).

Total118
Semi-detached69
Terraced32
Detached15
Flat2
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright58
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency9
Social rented: Rents from council or Local Authority2
Private rented: Other private rented2
Shared ownership: Shared ownership1
Social rented: Other social rented1
Lives rent free1
Does not apply0

Number of People in a Household

The most houses in the MK3 7PS have 2 people in household (37), and 1 person in household (29).

2 people in household37
1 person in household29
3 people in household26
4 people in household21
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0