Housing Market Analysis for SEVERN WAY, MK3 7QB

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

Overview of Sold House prices

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

Detached
- The average price is around £256,204 median price is £250,000 Standard Deviation is £98,966 with Total Sold: 11
- The Last 5 Year average price is £370,000 with Total Sold: 2
- The most recent sale happened at this postcode is 162 SEVERN WAY: £420,000 (Sold on 15 Mar 2023)
- The first recorded sale happened at this postcode is 130 SEVERN WAY: £66,000 (Sold on 06 Mar 1998)
Semi-Detached
- The average price is around £146,712 median price is £135,750 Standard Deviation is £73,663 with Total Sold: 28
- The Last 5 Year average price is £280,000 with Total Sold: 3
- The most recent sale happened at this postcode is 182 SEVERN WAY: £325,000 (Sold on 30 Sep 2021)
- The first recorded sale happened at this postcode is 126 SEVERN WAY: £55,000 (Sold on 05 Oct 1995)
Terraced
- The average price is around £179,600 median price is £188,000 Standard Deviation is £75,221 with Total Sold: 5
- The Last 5 Year average price is £300,000 with Total Sold: 1
- The most recent sale happened at this postcode is 144 SEVERN WAY: £300,000 (Sold on 24 Sep 2021)
- The first recorded sale happened at this postcode is 156 SEVERN WAY: £72,000 (Sold on 08 Aug 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7QB 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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£420,000	£4,242	1
2020	£320,000	£2,759	1
2017	£330,000	£4,342	1
2016	£274,750	£2,935	2
2015	£329,995	£2,463	1
2005	£250,000		1
2004	£250,000		1
2003	£205,000	£2,071	1
1999	£97,750		1
1998	£66,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£325,000	£2,955	1
2020	£295,000	£3,041	1
2019	£220,000	£2,973	1
2016	£259,995	£3,023	1
2015	£240,000	£1,953	1
2014	£196,667	£2,128	3
2011	£160,000	£2,054	1
2010	£190,000	£1,546	1
2005	£168,250	£1,651	2
2003	£138,750		2
2002	£139,000	£1,433	1
2001	£94,332	£1,124	3
2000	£104,499	£1,006	4
1999	£75,000	£872	1
1998	£67,000	£944	1
1997	£58,983	£533	3
1995	£55,000	£567	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£300,000	£4,000	1
2015	£200,000	£2,667	1
2007	£188,000	£2,414	1
2003	£138,000	£1,917	1
1997	£72,000		1

All the Sales in the SEVERN WAY, MK3 7QB

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

Address	Sold Date	Price	% Change
162 SEVERN WAYDetached, FreeholdArea: 99 Sq.mtrAge: 1976-1982	15 Mar 2023	£420,000	104.88%
	24 Apr 2003	£205,000	First Sale
182 SEVERN WAYSemi-Detached, FreeholdArea: 110 Sq.mtrAge: 1967-1975	30 Sep 2021	£325,000	66.67%
	21 Mar 2014	£195,000	First Sale
144 SEVERN WAYTerraced, FreeholdArea: 75 Sq.mtrAge: 1976-1982	24 Sep 2021	£300,000	50.00%
	10 Jul 2015	£200,000	First Sale
122 SEVERN WAYDetached, FreeholdArea: 116 Sq.mtrAge: 1950-1966	05 Oct 2020	£320,000	6.67%
	11 Aug 2016	£300,000	First Sale
126 SEVERN WAYSemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1967-1975	09 Sep 2020	£295,000	112.23%
	05 Jul 2002	£139,000	152.73%
	05 Oct 1995	£55,000	First Sale
174 SEVERN WAYSemi-Detached, FreeholdArea: 74 Sq.mtrAge: 1976-1982	08 Nov 2019	£220,000	First Sale
120 SEVERN WAYDetached, FreeholdArea: 76 Sq.mtrAge: 1967-1975	16 Jun 2017	£330,000	32.26%
	10 Jun 2016	£249,500	First Sale
140 SEVERN WAYSemi-Detached, FreeholdArea: 86 Sq.mtrAge: 1976-1982	26 Sep 2016	£259,995	60.99%
	25 May 2005	£161,500	73.66%
	26 Feb 2001	£93,000	24.00%
	26 Feb 1999	£75,000	First Sale
124 SEVERN WAYDetached, FreeholdArea: 134 Sq.mtrAge: 1967-1975	18 Sep 2015	£329,995	First Sale
152 SEVERN WAYSemi-Detached, FreeholdArea: 122.86 Sq.mtrAge: 1967-1975	26 Jun 2015	£240,000	26.32%
	30 Jun 2010	£190,000	8.57%
	12 Aug 2005	£175,000	56.25%
	27 Jul 2000	£112,000	62.32%
	25 Jun 1997	£69,000	First Sale
128 SEVERN WAYSemi-Detached, FreeholdArea: 100 Sq.mtrAge: 1967-1975	25 Jul 2014	£225,000	104.55%
	15 Sep 2000	£110,000	118.04%
	10 Jan 1997	£50,450	First Sale
142 SEVERN WAYSemi-Detached, FreeholdArea: 72 Sq.mtrAge: 1967-1975	31 Jan 2014	£170,000	23.19%
	05 Dec 2003	£138,000	First Sale
136 SEVERN WAYSemi-Detached, FreeholdArea: 77.89 Sq.mtrAge: 1967-1975	25 Nov 2011	£160,000	-14.89%
	29 Oct 2007	£188,000	First Sale
184 SEVERN WAYDetached, Freehold	30 Nov 2005	£250,000	0.0
	23 Dec 2004	£250,000	155.75%
	24 Dec 1999	£97,750	First Sale
158 SEVERN WAYSemi-Detached, Freehold	14 Nov 2003	£145,000	First Sale
148 SEVERN WAYSemi-Detached, Freehold	24 Apr 2003	£132,500	First Sale
166 SEVERN WAYSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	07 Sep 2001	£99,995	49.25%
	12 Nov 1998	£67,000	First Sale
178 SEVERN WAYSemi-Detached, FreeholdArea: 102 Sq.mtrAge: 1967-1975	06 Jul 2001	£90,000	First Sale
138 SEVERN WAYSemi-Detached, Freehold	17 Nov 2000	£88,995	First Sale
164 SEVERN WAYSemi-Detached, Freehold	01 Nov 2000	£107,000	First Sale
130 SEVERN WAYDetached, Freehold	06 Mar 1998	£66,000	First Sale
156 SEVERN WAYTerraced, Freehold	08 Aug 1997	£72,000	First Sale
160 SEVERN WAYSemi-Detached, Freehold	29 May 1997	£57,500	First Sale

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

SEVERN WAY, MK3 7QB Near By properties

Interactive Map

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

Detached
- The average price is around £224,757 median price is £220,000 Standard Deviation is £109,374 with Total Sold: 363
- The Last 5 Year average price is £389,535 with Total Sold: 47
- 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 , 15 TWEED DRIVE: £91,000 (Sold on 10 Apr 1995)
Semi-Detached
- The average price is around £158,282 median price is £148,750 Standard Deviation is £86,014 with Total Sold: 904
- The Last 5 Year average price is £293,958 with Total Sold: 119
- 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)
Terraced
- The average price is around £140,142 median price is £134,000 Standard Deviation is £74,181 with Total Sold: 753
- The Last 5 Year average price is £243,877 with Total Sold: 132
- The most recent sale happened at this postcode is , 24 TYNE SQUARE: £265,000 (Sold on 26 Jul 2024)
- The first recorded sale happened at this postcode is , 116 SEVERN WAY: £56,500 (Sold on 27 Jan 1995)
Other
- The average price is around £521,295 median price is £248,750 Standard Deviation is £865,044 with Total Sold: 12
- The Last 5 Year average price is £1,233,515 with Total Sold: 3
- 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)
Flat
- The average price is around £89,732 median price is £86,000 Standard Deviation is £57,345 with Total Sold: 48
- The Last 5 Year average price is £163,375 with Total Sold: 8
- The most recent sale happened at this postcode is , 25 KENNET DRIVE: £230,000 (Sold on 06 Sep 2023)
- The first recorded sale happened at this postcode is , 64 QUANTOCK CRESCENT: £22,000 (Sold on 31 May 1996)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£408,333	£3,583	3
2023	£420,519	£3,633	8
2022	£442,168	£4,276	7
2021	£387,273	£3,333	11
2020	£381,467	£3,149	9
2019	£325,622	£3,507	9
2018	£323,750	£3,040	4
2017	£332,267	£3,612	15
2016	£311,136	£3,148	11
2015	£300,658	£2,709	17
2014	£236,330	£2,440	15
2013	£276,625	£2,276	4
2012	£250,338	£2,187	16
2011	£184,500	£1,993	7
2010	£248,333	£2,285	9
2009	£201,125	£2,823	2
2008	£258,333	£2,034	6
2007	£211,968	£2,194	16
2006	£244,338	£2,144	22
2005	£221,545	£1,876	11
2004	£213,075	£1,886	20
2003	£206,014	£1,855	17
2002	£171,438	£1,654	33
2001	£130,588	£1,305	28
2000	£127,500	£1,052	10
1999	£112,979	£959	12
1998	£94,380	£1,104	15
1997	£81,222	£792	11
1996	£72,472	£735	9
1995	£76,083	£558	6

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,286	£3,801	7
2023	£318,059	£3,846	17
2022	£338,898	£3,912	27
2021	£271,667	£3,198	33
2020	£270,769	£3,025	13
2019	£257,989	£3,144	22
2018	£262,293	£3,233	23
2017	£248,243	£3,173	35
2016	£247,157	£2,872	25
2015	£219,798	£2,657	31
2014	£201,819	£2,290	23
2013	£159,900	£1,885	10
2012	£166,067	£1,930	15
2011	£150,142	£1,871	20
2010	£158,167	£2,001	18
2009	£142,044	£1,807	29
2008	£167,379	£1,995	25
2007	£172,137	£2,151	49
2006	£165,261	£2,099	40
2005	£156,718	£1,836	42
2004	£149,441	£1,790	37
2003	£137,140	£1,719	46
2002	£115,000	£1,286	57
2001	£92,274	£1,095	51
2000	£86,372	£995	28
1999	£69,056	£806	49
1998	£56,419	£715	39
1997	£56,627	£670	41
1996	£47,023	£599	28
1995	£47,502	£604	24

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£270,750	£4,105	9
2023	£273,941	£3,583	17
2022	£264,023	£3,650	22
2021	£236,025	£3,266	40
2020	£226,972	£3,009	18
2019	£221,654	£2,892	26
2018	£227,053	£3,163	19
2017	£224,565	£2,956	23
2016	£199,508	£2,797	31
2015	£167,686	£2,133	34
2014	£157,158	£2,267	20
2013	£141,904	£1,953	13
2012	£131,797	£1,901	20
2011	£137,711	£1,815	19
2010	£144,367	£1,817	15
2009	£127,150	£1,722	15
2008	£128,024	£1,624	10
2007	£149,025	£1,967	39
2006	£136,392	£1,873	37
2005	£125,379	£1,960	29
2004	£126,496	£1,720	31
2003	£113,581	£1,490	40
2002	£92,625	£1,324	41
2001	£70,647	£971	36
2000	£62,851	£1,001	29
1999	£51,148	£798	27
1998	£46,024	£669	20
1997	£42,649	£582	35
1996	£39,167	£599	17
1995	£37,819	£483	21

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£267,500	£3,768	1
2022	£110,000		1
2020	£3,323,044		1
2017	£475,000	£3,084	1
2016	£290,000	£3,118	1
2015	£456,667	£1,966	3
2013	£105,000	£1,219	4

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£230,000	£3,538	1
2022	£190,000	£2,714	1
2021	£136,000	£1,964	4
2019	£171,500	£2,311	2
2018	£115,000	£2,054	1
2017	£181,500	£2,367	2
2016	£159,995	£2,247	1
2015	£116,250	£1,613	4
2013	£90,000	£1,343	1
2011	£100,000	£1,241	2
2010	£42,000	£590	1
2009	£85,000	£1,282	1
2007	£106,500	£1,007	2
2006	£107,498	£1,291	3
2005	£76,250		2
2004	£61,600	£968	5
2003	£57,000	£854	2
2002	£24,910	£346	6
2000	£47,000	£723	1
1999	£44,250		2
1997	£20,100		2
1996	£22,500	£333	2

House Type in MK3 7QB area

The most common house types in the MK3 7QB postcode area are Semi-detached (69), Terraced (31), and Detached (11).

Total	121
Semi-detached	69
Terraced	31
Detached	11
Flat	8
Shared house	1
commercial building	1
converted 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 (47), and Owned: Owns outright (33).

Owned: Owns with a mortgage or loan	47
Owned: Owns outright	33
Social rented: Rents from council or Local Authority	23
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK3 7QB have 2 people in household (46), and 3 people in household (30).

2 people in household	46
3 people in household	30
1 person in household	23
4 people in household	15
5 people in household	6
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0