Housing Market Analysis for SEVERN WAY, MK3 7QG

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

Overview of Sold House prices

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

Terraced
- The average price is around £222,643 median price is £205,000 Standard Deviation is £65,834 with Total Sold: 7
- The Last 5 Year average price is £306,750 with Total Sold: 2
- The most recent sale happened at this postcode is 37 SEVERN WAY: £351,000 (Sold on 07 Feb 2023)
- The first recorded sale happened at this postcode is 47 SEVERN WAY: £155,000 (Sold on 04 Jan 2006)
Semi-Detached
- The average price is around £169,445 median price is £152,250 Standard Deviation is £84,130 with Total Sold: 22
- The Last 5 Year average price is £320,000 with Total Sold: 2
- The most recent sale happened at this postcode is 73 SEVERN WAY: £318,000 (Sold on 14 Apr 2022)
- The first recorded sale happened at this postcode is 23 SEVERN WAY: £53,995 (Sold on 30 Jun 1995)
Detached
- The average price is around £87,998 median price is £87,998 Standard Deviation is £1,998 with Total Sold: 2
- The most recent sale happened at this postcode is 37 SEVERN WAY: £89,995 (Sold on 28 Mar 2001)
- The first recorded sale happened at this postcode is 31 SEVERN WAY: £86,000 (Sold on 07 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7QG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£351,000	£4,123	1
2021	£262,500	£3,454	1
2017	£252,500	£3,322	1
2015	£205,000	£2,408	1
2012	£158,000	£1,856	1
2007	£174,500	£2,296	1
2006	£155,000	£2,039	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£318,000	£4,130	1
2021	£322,000	£2,759	1
2018	£280,000	£3,590	1
2017	£280,000	£3,590	1
2015	£239,995	£2,449	1
2014	£218,100	£1,868	1
2009	£132,000	£1,692	1
2008	£275,000		1
2007	£207,000	£2,112	1
2006	£152,500		1
2005	£147,250		2
2004	£152,498	£1,499	2
2003	£157,450		1
2001	£106,125	£829	2
2000	£87,000	£1,024	1
1999	£73,000	£820	1
1998	£60,000	£632	1
1997	£60,000		1
1995	£53,995	£551	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£89,995	£1,057	1
1997	£86,000		1

All the Sales in the SEVERN WAY, MK3 7QG

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

Address	Sold Date	Price	% Change
37 SEVERN WAYTerraced, FreeholdArea: 85.13 Sq.mtrAge: 1967-1975	07 Feb 2023	£351,000	71.22%
	19 Jan 2015	£205,000	29.75%
	02 May 2012	£158,000	75.57%
	28 Mar 2001	£89,995	First Sale
73 SEVERN WAYSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	14 Apr 2022	£318,000	First Sale
41 SEVERN WAYSemi-Detached, FreeholdArea: 116.73 Sq.mtrAge: 1967-1975	24 Mar 2021	£322,000	47.64%
	16 Jul 2014	£218,100	24.63%
	05 Mar 2004	£174,995	80.87%
	07 Sep 2001	£96,750	First Sale
47 SEVERN WAYTerraced, FreeholdArea: 76 Sq.mtrAge: 1976-1982	22 Jan 2021	£262,500	3.96%
	28 Apr 2017	£252,500	44.70%
	28 Feb 2007	£174,500	12.58%
	04 Jan 2006	£155,000	First Sale
55 SEVERN WAYSemi-Detached, FreeholdArea: 78 Sq.mtrAge: 1976-1982	05 Apr 2018	£280,000	0.0
	15 Dec 2017	£280,000	112.12%
	24 Apr 2009	£132,000	First Sale
23 SEVERN WAYSemi-Detached, FreeholdArea: 98 Sq.mtrAge: 1967-1975	10 Aug 2015	£239,995	15.94%
	14 Jun 2007	£207,000	283.37%
	30 Jun 1995	£53,995	First Sale
69 SEVERN WAYSemi-Detached, Freehold	18 Jan 2008	£275,000	First Sale
79 SEVERN WAYSemi-Detached, Freehold	17 Nov 2006	£152,500	First Sale
45 SEVERN WAYSemi-Detached, Freehold	29 Jul 2005	£152,000	First Sale
43 SEVERN WAYSemi-Detached, Freehold	09 Mar 2005	£142,500	9.62%
43 SEVERN WAYSemi-Detached, Freehold	22 Dec 2004	£130,000	First Sale
81 SEVERN WAYSemi-Detached, Freehold	19 Dec 2003	£157,450	First Sale
67 SEVERN WAYSemi-Detached, Freehold	30 Jul 2001	£115,500	First Sale
63 SEVERN WAYSemi-Detached, FreeholdArea: 85 Sq.mtrAge: 1976-1982	15 Sep 2000	£87,000	First Sale
51 SEVERN WAYSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1967-1975	05 Jun 1999	£73,000	First Sale
77 SEVERN WAYSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1967-1975	08 Sep 1998	£60,000	First Sale
31 SEVERN WAYDetached, Freehold	07 Nov 1997	£86,000	First Sale
65 SEVERN WAYSemi-Detached, Freehold	07 Aug 1997	£60,000	First Sale

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

SEVERN WAY, MK3 7QG Near By properties

Interactive Map

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

Terraced
- The average price is around £135,940 median price is £128,000 Standard Deviation is £74,005 with Total Sold: 773
- The Last 5 Year average price is £242,386 with Total Sold: 129
- 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 £76,429 median price is £57,000 Standard Deviation is £56,370 with Total Sold: 76
- The Last 5 Year average price is £148,481 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 £233,517 median price is £215,000 Standard Deviation is £140,259 with Total Sold: 579
- The Last 5 Year average price is £415,762 with Total Sold: 88
- 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 , 6 CHIEVELY COURT: £95,000 (Sold on 24 Mar 1995)
Semi-Detached
- The average price is around £154,213 median price is £145,000 Standard Deviation is £85,206 with Total Sold: 886
- The Last 5 Year average price is £290,403 with Total Sold: 108
- 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 £540,554 median price is £248,750 Standard Deviation is £935,891 with Total Sold: 10
- 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	£271,500	£4,105	10
2023	£268,300	£3,559	15
2022	£249,146	£3,439	24
2021	£238,279	£3,395	35
2020	£231,105	£3,166	19
2019	£223,769	£2,958	26
2018	£224,947	£3,217	19
2017	£221,525	£3,153	20
2016	£204,205	£2,913	28
2015	£170,081	£2,214	35
2014	£157,950	£2,287	17
2013	£131,646	£1,920	12
2012	£130,330	£1,921	18
2011	£133,889	£1,932	18
2010	£135,719	£2,005	16
2009	£127,483	£1,717	15
2008	£132,783	£1,907	15
2007	£140,843	£2,187	35
2006	£136,530	£1,915	33
2005	£125,353	£1,972	29
2004	£128,489	£1,893	37
2003	£117,203	£1,649	48
2002	£87,931	£1,394	36
2001	£72,688	£1,057	45
2000	£62,930	£1,041	33
1999	£55,500	£838	32
1998	£49,819	£727	25
1997	£45,851	£632	37
1996	£39,055	£676	20
1995	£41,917	£509	21

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£195,000		1
2023	£230,000	£3,538	1
2022	£160,000	£3,185	2
2021	£130,438	£2,659	4
2020	£108,000	£3,857	1
2019	£138,875	£2,300	4
2018	£115,000	£2,054	1
2017	£155,000	£2,816	3
2016	£90,500	£2,347	2
2015	£107,900	£2,193	3
2011	£100,000	£1,241	2
2009	£55,000	£762	1
2007	£106,500	£1,007	2
2006	£101,874	£1,893	4
2005	£64,750	£2,623	2
2004	£74,375	£1,601	4
2003	£87,000	£1,338	1
2002	£33,718	£405	9
2001	£37,165	£1,482	3
2000	£35,722	£1,019	9
1999	£35,417	£743	6
1998	£25,000	£760	2
1997	£64,639	£2,359	5
1996	£20,500	£461	3
1995	£20,500		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£433,500	£3,583	8
2023	£423,134	£4,411	16
2022	£441,060	£4,170	10
2021	£415,960	£3,587	25
2020	£403,014	£3,253	14
2019	£393,140	£3,644	15
2018	£386,469	£2,440	8
2017	£364,000	£3,659	21
2016	£330,272	£3,255	20
2015	£314,382	£2,892	28
2014	£231,693	£2,373	23
2013	£255,231	£2,240	13
2012	£252,691	£2,106	18
2011	£203,792	£2,220	12
2010	£273,727	£2,426	11
2009	£318,250	£2,577	3
2008	£279,192	£2,108	13
2007	£231,740	£2,284	25
2006	£235,373	£2,208	28
2005	£235,500	£1,973	16
2004	£212,379	£1,848	29
2003	£199,611	£1,991	17
2002	£165,407	£1,598	33
2001	£134,147	£1,311	35
2000	£117,055	£1,096	27
1999	£112,610	£939	23
1998	£96,027	£1,018	26
1997	£96,875	£837	22
1996	£77,222	£758	20
1995	£72,938	£607	20

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£323,286	£3,801	7
2023	£323,529	£3,991	17
2022	£335,950	£3,963	25
2021	£261,650	£3,348	30
2020	£257,333	£2,944	15
2019	£249,446	£3,328	14
2018	£261,988	£3,288	20
2017	£244,045	£3,268	33
2016	£258,563	£3,060	23
2015	£222,914	£2,770	30
2014	£198,159	£2,345	21
2013	£149,800	£2,101	10
2012	£170,900	£2,091	15
2011	£152,167	£1,940	15
2010	£176,219	£2,240	16
2009	£142,793	£1,879	30
2008	£171,288	£2,072	26
2007	£164,765	£2,179	48
2006	£159,656	£2,177	35
2005	£151,942	£1,858	45
2004	£145,788	£1,777	41
2003	£135,967	£1,674	48
2002	£114,097	£1,331	55
2001	£91,483	£1,167	54
2000	£87,173	£1,107	34
1999	£69,653	£881	47
1998	£58,637	£763	40
1997	£55,035	£652	40
1996	£48,465	£631	25
1995	£45,576	£580	27

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	£315,000	£1,966	2
2013	£105,000	£1,219	4

House Type in MK3 7QG area

The most common house types in the MK3 7QG postcode area are Terraced (57), Semi-detached (55), and Detached (7).

Total	122
Terraced	57
Semi-detached	55
Detached	7
Flat	1
Shared house	1
converted building	1
commercial 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 (52), and Owned: Owns outright (39).

Owned: Owns with a mortgage or loan	52
Owned: Owns outright	39
Private rented: Private landlord or letting agency	22
Private rented: Other private rented	4
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the MK3 7QG have 2 people in household (46), and 3 people in household (25).

2 people in household	46
3 people in household	25
1 person in household	21
4 people in household	19
5 people in household	6
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0