Housing Market Analysis for TEES WAY, MK3 7PU

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £202,291 median price is £195,000 Standard Deviation is £89,537 with Total Sold: 18
- The Last 5 Year average price is £307,167 with Total Sold: 6
- The most recent sale happened at this postcode is 8 TEES WAY: £320,000 (Sold on 27 Nov 2023)
- The first recorded sale happened at this postcode is 6 TEES WAY: £69,000 (Sold on 15 Feb 1999)
Terraced
- The average price is around £182,000 median price is £182,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 21 TEES WAY: £182,000 (Sold on 04 Feb 2014)
- The first recorded sale happened at this postcode is 21 TEES WAY: £182,000 (Sold on 04 Feb 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7PU 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
2023	£320,000	£3,333	2
2022	£331,000	£3,805	1
2021	£290,667	£3,332	3
2018	£250,000	£2,976	1
2015	£240,000	£2,609	1
2014	£175,000	£2,171	1
2012	£215,000	£1,853	1
2004	£174,995	£2,035	1
2003	£137,415	£1,574	3
2001	£97,500	£819	2
1999	£68,000	£700	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£182,000	£1,529	1

All the Sales in the TEES WAY, MK3 7PU

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

Address	Sold Date	Price	% Change
8 TEES WAYSemi-Detached, FreeholdArea: 96 Sq.mtrAge: 1967-1975	27 Nov 2023	£320,000	0.0
	27 Nov 2023	£320,000	First Sale
17 TEES WAYSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1950-1966	15 Jul 2022	£331,000	First Sale
11 TEES WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1967-1975	06 Aug 2021	£292,000	66.86%
	30 Sep 2004	£174,995	47.36%
	16 Jul 2003	£118,750	First Sale
6 TEES WAYSemi-Detached, FreeholdArea: 84 Sq.mtrAge: 1950-1966	30 Apr 2021	£285,000	14.00%
	24 Jan 2018	£250,000	71.24%
	20 Mar 2003	£145,995	111.59%
	15 Feb 1999	£69,000	First Sale
5 TEES WAYSemi-Detached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	12 Feb 2021	£295,000	22.92%
	30 Jan 2015	£240,000	62.71%
	25 Jul 2003	£147,500	First Sale
4 TEES WAYSemi-Detached, FreeholdArea: 80.6 Sq.mtrAge: 1967-1975	06 Jun 2014	£175,000	First Sale
21 TEES WAYTerraced, FreeholdArea: 119 Sq.mtrAge: 1967-1975	04 Feb 2014	£182,000	First Sale
13 TEES WAYSemi-Detached, FreeholdArea: 116 Sq.mtrAge: 1967-1975	16 Nov 2012	£215,000	126.32%
	13 Aug 2001	£95,000	41.79%
	18 Jun 1999	£67,000	First Sale
25 TEES WAYSemi-Detached, Freehold	19 Dec 2001	£100,000	First Sale

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

TEES WAY, MK3 7PU Near By properties

Interactive Map

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

Terraced
- The average price is around £142,107 median price is £136,000 Standard Deviation is £75,991 with Total Sold: 810
- The Last 5 Year average price is £249,575 with Total Sold: 130
- 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 £85,851 median price is £81,000 Standard Deviation is £58,214 with Total Sold: 73
- The Last 5 Year average price is £158,077 with Total Sold: 13
- 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 £228,412 median price is £215,000 Standard Deviation is £115,034 with Total Sold: 759
- The Last 5 Year average price is £397,266 with Total Sold: 92
- 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 £157,305 median price is £148,750 Standard Deviation is £85,532 with Total Sold: 872
- The Last 5 Year average price is £287,893 with Total Sold: 114
- 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 £575,060 median price is £267,500 Standard Deviation is £980,462 with Total Sold: 9
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,205	£4,165	11
2023	£280,750	£3,767	16
2022	£263,875	£3,542	24
2021	£250,074	£3,411	34
2020	£229,312	£3,418	16
2019	£224,448	£3,118	29
2018	£228,562	£3,116	16
2017	£230,643	£3,125	21
2016	£209,301	£2,961	34
2015	£171,231	£2,280	34
2014	£159,777	£2,258	24
2013	£159,173	£2,118	13
2012	£132,998	£2,097	22
2011	£142,864	£1,822	22
2010	£147,100	£1,894	15
2009	£126,967	£1,611	15
2008	£132,375	£1,979	12
2007	£150,637	£2,069	40
2006	£142,825	£1,955	40
2005	£132,580	£2,001	25
2004	£137,248	£1,940	35
2003	£124,367	£1,677	63
2002	£99,757	£1,346	48
2001	£73,126	£1,103	42
2000	£64,177	£1,016	31
1999	£54,240	£852	31
1998	£52,411	£755	20
1997	£44,111	£659	38
1996	£41,844	£616	17
1995	£40,600	£486	22

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2023	£227,500	£3,158	2
2022	£190,000	£2,714	1
2021	£136,000	£1,964	4
2020	£170,000	£3,778	1
2019	£125,250	£1,828	4
2018	£149,000	£2,156	2
2017	£157,667	£2,233	3
2016	£100,332	£1,478	3
2015	£114,667	£1,640	3
2014	£121,000		1
2013	£90,000	£1,343	1
2011	£100,000	£1,241	2
2010	£63,167	£1,236	3
2009	£70,000	£1,022	2
2007	£90,667	£1,007	3
2006	£107,498	£1,291	3
2005	£76,250		2
2004	£69,600	£965	5
2003	£61,000	£854	4
2002	£35,218	£412	9
2001	£28,333	£326	3
2000	£47,000	£723	1
1999	£35,833	£384	3
1997	£23,675	£333	4
1996	£22,500	£333	2
1995	£20,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£462,125	£4,072	8
2023	£459,973	£4,216	13
2022	£399,944	£4,228	9
2021	£404,854	£3,737	24
2020	£379,668	£3,354	19
2019	£333,794	£3,552	19
2018	£417,217	£3,174	15
2017	£345,190	£3,456	21
2016	£339,348	£3,333	23
2015	£311,022	£2,816	31
2014	£253,802	£2,568	28
2013	£236,276	£2,191	15
2012	£245,969	£2,263	28
2011	£199,676	£2,181	17
2010	£259,947	£2,338	19
2009	£243,850	£2,217	5
2008	£261,938	£2,083	16
2007	£228,519	£2,217	26
2006	£242,755	£2,207	39
2005	£236,473	£1,975	19
2004	£217,802	£1,908	36
2003	£193,479	£1,956	50
2002	£173,275	£1,625	70
2001	£156,173	£1,405	80
2000	£124,624	£1,157	27
1999	£110,175	£925	26
1998	£91,181	£994	26
1997	£90,124	£804	16
1996	£75,418	£749	18
1995	£71,328	£672	16

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£272,857	£3,801	7
2023	£311,171	£3,655	19
2022	£344,050	£3,990	25
2021	£260,774	£3,195	31
2020	£273,571	£3,033	14
2019	£249,014	£3,314	18
2018	£258,036	£3,230	21
2017	£247,609	£3,207	32
2016	£254,498	£2,969	26
2015	£218,498	£2,631	25
2014	£192,492	£2,315	20
2013	£156,961	£2,134	13
2012	£164,632	£1,989	19
2011	£150,417	£1,897	18
2010	£174,450	£2,069	20
2009	£142,013	£1,806	23
2008	£168,999	£2,073	28
2007	£171,264	£2,173	46
2006	£166,012	£2,125	38
2005	£155,380	£1,884	40
2004	£147,695	£1,775	35
2003	£141,783	£1,731	43
2002	£119,168	£1,334	55
2001	£93,603	£1,124	53
2000	£88,714	£1,132	30
1999	£69,481	£844	42
1998	£58,527	£771	42
1997	£55,135	£680	40
1996	£46,651	£619	29
1995	£46,840	£555	20

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,500	£3,768	1
2020	£3,323,044		1
2017	£475,000	£3,084	1
2016	£290,000	£3,118	1
2015	£400,000		1
2013	£105,000	£1,219	4

House Type in MK3 7PU area

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

Total	118
Semi-detached	69
Terraced	32
Detached	15
Flat	2
Shared house	0
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 outright (58), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright	58
Owned: Owns with a mortgage or loan	44
Private rented: Private landlord or letting agency	9
Social rented: Rents from council or Local Authority	2
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Social rented: Other social rented	1
Lives rent free	1
Does not apply	0

Number of People in a Household

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

2 people in household	37
1 person in household	29
3 people in household	26
4 people in household	21
5 people in household	5
6 people in household	2
0 people in household	0
7 people in household	0
8 or more people in household	0