Housing Market Analysis for SEVERN WAY, MK3 7PZ

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £249,500 median price is £249,500 Standard Deviation is £4,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 7 SEVERN WAY: £254,000 (Sold on 23 Oct 2019)
    • The first recorded sale happened at this postcode is 7 SEVERN WAY: £245,000 (Sold on 20 May 2016)
  • Semi-Detached
    • The average price is around £83,766 median price is £78,798 Standard Deviation is £17,765 with Total Sold: 6
    • The most recent sale happened at this postcode is 3 SEVERN WAY: £105,000 (Sold on 23 Aug 2002)
    • The first recorded sale happened at this postcode is 11 SEVERN WAY: £63,000 (Sold on 28 Aug 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7PZ 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£254,000 £2,924 1
2016£245,000 £2,820 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£105,0001
2001£109,0001
1999£78,7982
1998£65,5002

All the Sales in the SEVERN WAY, MK3 7PZ

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

AddressSold DatePrice% Change
7 SEVERN WAYTerraced, FreeholdArea: 86.87 Sq.mtrAge: 1976-198223 Oct 2019£254,0003.67%
20 May 2016£245,000First Sale
3 SEVERN WAYSemi-Detached, Freehold23 Aug 2002£105,000First Sale
9 SEVERN WAYSemi-Detached, Freehold17 Aug 2001£109,000First Sale
5 SEVERN WAYSemi-Detached, Freehold05 Nov 1999£72,600First Sale
21 SEVERN WAYSemi-Detached, Freehold05 Nov 1999£84,99524.99%
30 Oct 1998£68,000First Sale
11 SEVERN WAYSemi-Detached, Freehold28 Aug 1998£63,000First Sale

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

SEVERN WAY, MK3 7PZ Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £138,860 median price is £131,000 Standard Deviation is £74,596 with Total Sold: 800
    • The Last 5 Year average price is £250,540 with Total Sold: 105
    • 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 £87,234 median price is £81,000 Standard Deviation is £61,639 with Total Sold: 67
    • The Last 5 Year average price is £173,000 with Total Sold: 8
    • 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 £227,631 median price is £212,000 Standard Deviation is £119,640 with Total Sold: 766
    • The Last 5 Year average price is £412,647 with Total Sold: 78
    • 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 £154,807 median price is £145,500 Standard Deviation is £84,822 with Total Sold: 959
    • The Last 5 Year average price is £297,338 with Total Sold: 97
    • The most recent sale happened at this postcode is , 79 TATTENHOE LANE: £418,000 (Sold on 31 Jul 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£265,675 £4,105 10
2023£268,300 £3,559 15
2022£257,062 £3,431 24
2021£245,000 £3,371 37
2020£231,105 £3,166 19
2019£226,963 £2,949 27
2018£224,450 £3,191 20
2017£223,775 £2,975 20
2016£204,205 £2,913 28
2015£170,212 £2,221 37
2014£156,675 £2,271 18
2013£137,482 £1,918 14
2012£129,734 £1,917 19
2011£137,262 £1,895 21
2010£145,324 £1,929 17
2009£131,703 £1,699 16
2008£132,783 £1,907 15
2007£151,743 £2,115 37
2006£136,986 £1,916 37
2005£129,718 £1,933 31
2004£132,745 £1,808 34
2003£120,079 £1,609 47
2002£100,690 £1,316 45
2001£73,343 £1,034 43
2000£63,587 £1,036 31
1999£54,877 £828 33
1998£49,819 £727 25
1997£45,669 £632 38
1996£39,894 £622 18
1995£41,000 £499 24
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£195,0001
2023£227,500 £3,158 2
2022£190,000 £2,714 1
2021£136,000 £1,964 4
2019£147,000 £1,993 3
2018£149,000 £2,156 2
2017£181,500 £2,367 2
2016£120,498 £1,685 2
2015£114,667 £1,640 3
2014£121,0001
2013£90,000 £1,343 1
2011£100,000 £1,241 2
2010£42,000 £590 1
2009£70,000 £1,022 2
2007£106,500 £1,007 2
2006£107,498 £1,291 3
2005£76,2502
2004£69,600 £965 5
2003£57,000 £854 2
2002£33,846 £405 10
2001£28,5001
2000£37,333 £788 3
1999£37,750 £522 4
1998£32,000 £865 1
1997£75,799 £4,018 4
1996£22,500 £333 2
1995£20,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£454,000 £3,583 8
2023£447,177 £4,320 15
2022£409,600 £4,348 11
2021£400,704 £3,605 27
2020£383,659 £3,348 17
2019£348,283 £3,651 18
2018£406,926 £3,001 17
2017£341,091 £3,512 22
2016£334,727 £3,242 22
2015£320,763 £2,899 33
2014£246,748 £2,490 30
2013£240,696 £2,340 16
2012£245,166 £2,242 28
2011£199,071 £2,073 14
2010£264,706 £2,354 17
2009£243,850 £2,217 5
2008£250,433 £1,894 15
2007£229,615 £2,245 26
2006£245,431 £2,144 38
2005£224,473 £1,904 19
2004£215,391 £1,853 37
2003£202,282 £1,969 31
2002£169,990 £1,639 74
2001£155,811 £1,393 83
2000£122,091 £1,117 31
1999£113,771 £952 26
1998£91,181 £994 26
1997£91,187 £807 20
1996£76,191 £749 21
1995£68,829 £613 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£323,286 £3,801 7
2023£321,737 £3,883 19
2022£340,625 £4,013 26
2021£258,776 £3,326 29
2020£256,562 £2,942 16
2019£248,368 £3,286 17
2018£257,369 £3,305 21
2017£246,180 £3,281 36
2016£259,176 £3,016 28
2015£224,917 £2,808 31
2014£191,788 £2,336 22
2013£150,571 £2,034 14
2012£166,706 £2,047 17
2011£155,441 £1,954 17
2010£176,382 £2,182 17
2009£140,963 £1,816 33
2008£170,731 £2,076 28
2007£168,302 £2,176 52
2006£163,645 £2,123 41
2005£154,073 £1,879 46
2004£147,030 £1,803 44
2003£135,662 £1,671 49
2002£118,298 £1,353 64
2001£90,701 £1,159 60
2000£88,747 £1,114 38
1999£68,616 £869 47
1998£58,308 £774 42
1997£56,021 £657 43
1996£46,643 £604 29
1995£45,338 £574 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 7PZ area

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