Housing Market Analysis for SEVERN WAY, MK3 7PY

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £115,700 median price is £100,000 Standard Deviation is £62,267 with Total Sold: 5
    • The most recent sale happened at this postcode is 6 SEVERN WAY: £237,000 (Sold on 11 Mar 2016)
    • The first recorded sale happened at this postcode is 8 SEVERN WAY: £67,000 (Sold on 05 Jun 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7PY 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
2016£237,000 £2,443 1
2001£101,000 £968 2
1999£72,500 £747 1
1998£67,000 £594 1

All the Sales in the SEVERN WAY, MK3 7PY

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

AddressSold DatePrice% Change
6 SEVERN WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-197511 Mar 2016£237,000137.00%
27 Apr 2001£100,00037.93%
24 May 1999£72,500First Sale
8 SEVERN WAYSemi-Detached, FreeholdArea: 112.82 Sq.mtrAge: 1967-197528 Sep 2001£102,00052.24%
05 Jun 1998£67,000First Sale

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

SEVERN WAY, MK3 7PY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £136,717 median price is £130,000 Standard Deviation is £75,160 with Total Sold: 834
    • The Last 5 Year average price is £243,648 with Total Sold: 137
    • 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 £82,664 median price is £59,500 Standard Deviation is £62,584 with Total Sold: 68
    • The Last 5 Year average price is £159,583 with Total Sold: 12
    • 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 £231,823 median price is £217,950 Standard Deviation is £122,472 with Total Sold: 841
    • The Last 5 Year average price is £407,201 with Total Sold: 107
    • The most recent sale happened at this postcode is , 17 LAMBOURN COURT: £538,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 13 PRIORS PARK: £75,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £153,222 median price is £142,500 Standard Deviation is £85,268 with Total Sold: 924
    • The Last 5 Year average price is £286,100 with Total Sold: 113
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,205 £4,165 11
2023£271,559 £3,788 17
2022£248,521 £3,515 24
2021£244,608 £3,406 37
2020£228,684 £3,307 19
2019£222,897 £3,086 29
2018£218,381 £3,165 21
2017£224,132 £3,021 19
2016£204,008 £3,030 31
2015£170,180 £2,274 38
2014£151,102 £2,203 21
2013£140,904 £2,112 13
2012£130,952 £2,090 22
2011£138,429 £1,927 21
2010£143,441 £1,961 17
2009£124,422 £1,644 16
2008£128,297 £1,866 16
2007£149,819 £2,144 36
2006£133,685 £1,891 35
2005£129,637 £2,002 31
2004£131,329 £1,892 36
2003£114,514 £1,697 52
2002£98,276 £1,315 49
2001£71,816 £1,108 48
2000£64,209 £1,043 32
1999£54,300 £833 34
1998£49,749 £735 26
1997£43,922 £658 42
1996£40,189 £602 19
1995£40,580 £513 22
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£227,500 £3,158 2
2022£190,000 £2,714 1
2021£134,667 £1,886 3
2020£170,000 £3,778 1
2019£125,250 £1,828 4
2018£149,000 £2,156 2
2017£181,500 £2,367 2
2016£81,000 £1,123 1
2015£117,000 £1,688 2
2014£121,0001
2011£100,000 £1,241 2
2010£73,750 £1,559 2
2009£55,000 £762 1
2007£90,667 £1,007 3
2006£107,498 £1,291 3
2005£57,5001
2004£73,167 £416 3
2003£72,333 £1,338 3
2002£33,396 £450 10
2001£28,333 £326 3
2000£37,333 £788 3
1999£34,000 £476 5
1998£32,000 £865 1
1997£63,939 £2,176 5
1996£22,500 £333 2
1995£20,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£480,000 £3,583 11
2023£433,097 £4,445 17
2022£414,217 £4,309 12
2021£400,828 £3,710 29
2020£401,360 £3,366 20
2019£350,339 £3,746 18
2018£419,308 £3,052 19
2017£347,348 £3,545 23
2016£340,209 £3,281 26
2015£324,924 £2,896 37
2014£251,998 £2,510 33
2013£237,008 £2,261 18
2012£245,795 £2,300 31
2011£211,588 £2,297 17
2010£264,579 £2,352 19
2009£243,850 £2,217 5
2008£257,281 £1,894 16
2007£238,859 £2,305 32
2006£247,347 £2,176 40
2005£230,684 £1,981 19
2004£217,287 £1,894 40
2003£208,669 £2,006 34
2002£173,883 £1,640 79
2001£156,139 £1,383 85
2000£120,843 £1,147 33
1999£114,201 £951 30
1998£92,359 £1,009 27
1997£94,641 £853 23
1996£78,095 £749 24
1995£72,260 £629 24
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£272,857 £3,801 7
2023£309,803 £3,734 19
2022£340,625 £4,013 26
2021£259,268 £3,351 28
2020£260,000 £2,967 17
2019£249,828 £3,337 16
2018£261,420 £3,306 22
2017£245,071 £3,247 35
2016£257,109 £3,051 27
2015£218,794 £2,734 27
2014£190,467 £2,350 20
2013£152,928 £2,109 14
2012£169,059 £2,091 17
2011£155,441 £1,954 17
2010£177,853 £2,255 17
2009£138,097 £1,848 29
2008£168,192 £2,087 26
2007£167,942 £2,190 49
2006£160,943 £2,180 36
2005£151,231 £1,865 45
2004£143,626 £1,769 39
2003£136,354 £1,723 45
2002£116,533 £1,359 64
2001£90,932 £1,166 58
2000£87,292 £1,153 39
1999£69,547 £881 46
1998£57,488 £790 43
1997£55,631 £668 41
1996£47,608 £608 29
1995£44,877 £575 26
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,500 £3,768 1
2020£3,323,0441
2017£475,000 £3,084 1
2016£290,000 £3,118 1
2015£400,0001
2013£105,000 £1,219 4

House Type in MK3 7PY area

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