Housing Market Analysis for LOTHIAN CLOSE, MK3 7SH

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

Overview of Sold House prices

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

Detached
- The average price is around £232,682 median price is £213,750 Standard Deviation is £131,117 with Total Sold: 22
- The Last 5 Year average price is £457,500 with Total Sold: 4
- The most recent sale happened at this postcode is 12 LOTHIAN CLOSE: £550,000 (Sold on 23 Sep 2022)
- The first recorded sale happened at this postcode is 15 LOTHIAN CLOSE: £76,000 (Sold on 20 Nov 1995)
Terraced
- The average price is around £114,667 median price is £149,000 Standard Deviation is £52,130 with Total Sold: 3
- The most recent sale happened at this postcode is 1 LOTHIAN CLOSE: £154,000 (Sold on 16 Oct 2006)
- The first recorded sale happened at this postcode is 7 LOTHIAN CLOSE: £41,000 (Sold on 28 Apr 1997)
Semi-Detached
- The average price is around £126,500 median price is £126,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 21 LOTHIAN CLOSE: £126,500 (Sold on 28 Sep 2001)
- The first recorded sale happened at this postcode is 21 LOTHIAN CLOSE: £126,500 (Sold on 28 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7SH 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
2022	£515,000	£3,533	2
2021	£425,000	£3,080	1
2020	£375,000	£3,472	1
2015	£326,000	£2,415	1
2014	£250,000	£2,577	1
2013	£271,250	£2,403	2
2012	£235,500	£1,815	2
2006	£211,250	£1,556	2
2005	£215,000	£1,303	1
2004	£238,000	£1,851	1
2002	£154,000	£933	1
2001	£127,995	£1,185	1
2000	£108,500		1
1999	£98,000	£871	2
1997	£80,750	£616	2
1995	£76,000	£704	1

House Type: Terraced

Year	Avg. Price	Sold
2006	£154,000	1
2004	£149,000	1
1997	£41,000	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£126,500	£1,304	1

All the Sales in the LOTHIAN CLOSE, MK3 7SH

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

Address	Sold Date	Price	% Change
12 LOTHIAN CLOSEDetached, FreeholdArea: 165 Sq.mtrAge: 1991-1995	23 Sep 2022	£550,000	89.66%
	14 Dec 2012	£290,000	34.88%
	09 Dec 2005	£215,000	39.61%
	28 Mar 2002	£154,000	First Sale
13 LOTHIAN CLOSEDetached, FreeholdArea: 128.6 Sq.mtrAge: 1996-2002	18 Feb 2022	£480,000	101.68%
	25 Jun 2004	£238,000	116.36%
	15 Jan 1999	£110,000	First Sale
10 LOTHIAN CLOSEDetached, FreeholdArea: 138 Sq.mtrAge: 1967-1975	28 Jan 2021	£425,000	400.00%
	29 Aug 1997	£85,000	First Sale
15 LOTHIAN CLOSEDetached, FreeholdArea: 108 Sq.mtrAge: 1967-1975	09 Oct 2020	£375,000	192.98%
	21 Sep 2001	£127,995	68.41%
	20 Nov 1995	£76,000	First Sale
17 LOTHIAN CLOSEDetached, FreeholdArea: 135 Sq.mtrAge: 1950-1966	09 Jan 2015	£326,000	18.55%
	03 Sep 2013	£275,000	30.95%
	24 Feb 2006	£210,000	First Sale
21 LOTHIAN CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1976-1982	13 Jun 2014	£250,000	97.63%
	28 Sep 2001	£126,500	First Sale
18 LOTHIAN CLOSEDetached, FreeholdArea: 96.64 Sq.mtrAge: 1976-1982	28 Nov 2013	£267,500	47.79%
	15 Jun 2012	£181,000	First Sale
1 LOTHIAN CLOSETerraced, Freehold	16 Oct 2006	£154,000	3.36%
1 LOTHIAN CLOSETerraced, Freehold	30 Jul 2004	£149,000	First Sale
23 LOTHIAN CLOSEDetached, Freehold	03 Feb 2006	£212,500	First Sale
19 LOTHIAN CLOSEDetached, Freehold	28 Jul 2000	£108,500	First Sale
6 LOTHIAN CLOSEDetached, FreeholdArea: 97 Sq.mtrAge: 1976-1982	04 Jun 1999	£86,000	First Sale
7 LOTHIAN CLOSETerraced, Freehold	28 Apr 1997	£41,000	First Sale
8 LOTHIAN CLOSEDetached, Freehold	14 Feb 1997	£76,500	First Sale

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

LOTHIAN CLOSE, MK3 7SH Near By properties

Interactive Map

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

Terraced
- The average price is around £130,458 median price is £126,000 Standard Deviation is £75,924 with Total Sold: 1,062
- The Last 5 Year average price is £247,528 with Total Sold: 128
- The most recent sale happened at this postcode is , 33 KINROSS DRIVE: £200,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 32 PERRACOMBE: £52,500 (Sold on 01 Feb 1995)
Semi-Detached
- The average price is around £151,361 median price is £142,500 Standard Deviation is £84,825 with Total Sold: 1,042
- The Last 5 Year average price is £273,722 with Total Sold: 161
- The most recent sale happened at this postcode is , 76 FORFAR DRIVE: £370,000 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 19 SURREY ROAD: £40,500 (Sold on 27 Jan 1995)
Detached
- The average price is around £228,805 median price is £215,000 Standard Deviation is £109,595 with Total Sold: 667
- The Last 5 Year average price is £395,080 with Total Sold: 81
- The most recent sale happened at this postcode is , 46 NORMANDY WAY: £650,000 (Sold on 04 Jul 2024)
- The first recorded sale happened at this postcode is , 32 NORMANDY WAY: £94,000 (Sold on 28 Feb 1995)
Flat
- The average price is around £76,264 median price is £69,995 Standard Deviation is £44,403 with Total Sold: 327
- The Last 5 Year average price is £107,419 with Total Sold: 59
- The most recent sale happened at this postcode is , 38 YORKSHIRE CLOSE: £46,500 (Sold on 31 May 2024)
- The first recorded sale happened at this postcode is , 152 MELLISH COURT: £18,000 (Sold on 20 Jan 1995)
Other
- The average price is around £48,875 median price is £48,875 Standard Deviation is £9,125 with Total Sold: 2
- The Last 5 Year average price is £39,750 with Total Sold: 1
- The most recent sale happened at this postcode is , 32 SURREY ROAD: £39,750 (Sold on 23 Aug 2021)
- The first recorded sale happened at this postcode is , 21 SIMONSBATH: £58,000 (Sold on 01 Mar 2017)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,917	£4,346	6
2023	£271,046	£4,029	20
2022	£280,897	£3,885	29
2021	£235,344	£3,406	24
2020	£224,950	£3,273	20
2019	£216,686	£3,128	29
2018	£229,155	£3,162	29
2017	£224,030	£3,187	30
2016	£200,676	£2,897	34
2015	£174,026	£2,592	29
2014	£168,487	£2,363	43
2013	£156,387	£2,232	29
2012	£132,490	£1,990	26
2011	£154,648	£2,033	20
2010	£137,008	£1,845	18
2009	£132,266	£1,689	15
2008	£133,392	£1,856	14
2007	£149,180	£2,281	53
2006	£134,152	£1,976	52
2005	£126,836	£1,955	39
2004	£129,183	£1,775	57
2003	£125,424	£1,871	55
2002	£103,984	£1,459	49
2001	£70,261	£1,111	66
2000	£66,230	£997	42
1999	£52,957	£861	55
1998	£50,148	£749	42
1997	£41,843	£651	68
1996	£36,675	£592	37
1995	£36,397	£542	32

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£252,000	£2,907	10
2023	£314,858	£3,758	30
2022	£295,481	£3,678	36
2021	£255,500	£3,056	28
2020	£263,540	£3,364	25
2019	£241,364	£3,194	32
2018	£233,871	£2,973	29
2017	£233,875	£3,273	32
2016	£230,249	£3,015	32
2015	£210,806	£2,592	30
2014	£178,298	£2,178	26
2013	£150,588	£2,130	22
2012	£145,749	£1,823	16
2011	£148,276	£1,902	19
2010	£150,411	£2,005	19
2009	£152,885	£1,846	13
2008	£169,375	£2,213	24
2007	£176,988	£2,244	42
2006	£154,939	£1,960	50
2005	£155,193	£2,017	50
2004	£137,778	£1,770	56
2003	£134,286	£1,722	49
2002	£113,136	£1,390	56
2001	£90,456	£1,203	58
2000	£83,781	£1,033	48
1999	£59,092	£853	46
1998	£55,181	£819	36
1997	£51,672	£654	45
1996	£47,129	£598	46
1995	£44,469	£590	37

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£466,500	£4,560	6
2023	£386,611	£4,486	9
2022	£450,500	£4,167	10
2021	£401,688	£3,638	24
2020	£369,833	£3,593	15
2019	£354,706	£3,372	17
2018	£366,441	£3,679	17
2017	£343,714	£3,466	14
2016	£343,952	£3,209	21
2015	£298,721	£2,883	23
2014	£263,160	£2,457	25
2013	£235,091	£2,222	18
2012	£242,892	£2,340	19
2011	£223,330	£2,320	15
2010	£260,325	£2,214	20
2009	£227,000	£2,010	6
2008	£253,500	£2,254	11
2007	£244,176	£2,355	17
2006	£245,579	£2,225	37
2005	£241,344	£1,850	16
2004	£218,217	£2,014	34
2003	£188,557	£1,856	52
2002	£176,975	£1,622	63
2001	£165,149	£1,366	69
2000	£121,839	£1,235	26
1999	£99,425	£954	20
1998	£94,227	£820	11
1997	£85,335	£710	23
1996	£87,616	£792	19
1995	£65,570	£693	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£73,500		3
2023	£149,535	£2,346	11
2022	£91,750	£1,911	2
2021	£85,312	£1,421	24
2020	£119,389	£2,192	9
2019	£116,685	£2,107	10
2018	£104,500	£1,537	8
2017	£130,972	£2,216	9
2016	£113,423	£1,815	13
2015	£80,064	£1,429	7
2014	£85,999	£1,547	8
2013	£59,786	£988	7
2012	£75,667	£1,617	3
2011	£74,143	£1,215	7
2010	£67,375	£1,453	8
2009	£74,857	£1,733	7
2008	£71,763	£1,513	14
2007	£110,713	£1,990	27
2006	£80,851	£1,324	13
2005	£84,188	£1,469	16
2004	£72,418	£1,470	11
2003	£68,875	£1,259	20
2002	£54,167	£902	20
2001	£36,406	£747	8
2000	£41,421	£665	13
1999	£30,375	£616	8
1998	£24,375	£434	8
1997	£23,103	£349	14
1996	£20,423	£336	13
1995	£21,542	£381	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£39,750		1
2017	£58,000	£1,000	1

House Type in MK3 7SH area

The most common house types in the MK3 7SH postcode area are Detached (41), Terraced (36), and Semi-detached (27).

Total	130
Detached	41
Terraced	36
Semi-detached	27
Flat	26
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 (50), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright	50
Owned: Owns with a mortgage or loan	36
Private rented: Private landlord or letting agency	20
Social rented: Rents from council or Local Authority	19
Social rented: Other social rented	3
Lives rent free	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0

Number of People in a Household

The most houses in the MK3 7SH have 2 people in household (39), and 4 people in household (29).

2 people in household	39
4 people in household	29
3 people in household	28
1 person in household	23
5 people in household	5
6 people in household	5
8 or more people in household	1
0 people in household	0
7 people in household	0