Housing Market Analysis for INVERNESS CLOSE, MK3 7SP

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

Overview of Sold House prices

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

Terraced
- The average price is around £142,360 median price is £146,000 Standard Deviation is £82,479 with Total Sold: 25
- The Last 5 Year average price is £266,800 with Total Sold: 5
- The most recent sale happened at this postcode is 8 INVERNESS CLOSE: £300,000 (Sold on 01 Feb 2023)
- The first recorded sale happened at this postcode is 12 INVERNESS CLOSE: £37,500 (Sold on 08 Dec 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7SP 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	£300,000	£4,110	1
2022	£294,500	£3,716	2
2021	£222,500	£3,048	2
2016	£195,000	£2,688	2
2014	£155,000	£2,123	1
2011	£138,000	£1,838	1
2008	£132,667	£1,797	3
2007	£147,500	£1,825	3
2006	£146,000	£1,944	1
2003	£115,000	£1,575	1
2001	£73,000	£1,055	2
2000	£63,250	£721	2
1998	£53,500		1
1997	£43,000	£558	1
1996	£34,000	£453	1
1995	£37,500		1

All the Sales in the INVERNESS CLOSE, MK3 7SP

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

Address	Sold Date	Price	% Change
8 INVERNESS CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1976-1982	01 Feb 2023	£300,000	93.55%
	25 Jul 2014	£155,000	34.78%
	12 Mar 2003	£115,000	49.35%
	28 Sep 2001	£77,000	First Sale
11 INVERNESS CLOSETerraced, FreeholdArea: 87 Sq.mtrAge: 1976-1982	20 Sep 2022	£289,000	351.56%
	05 May 2000	£64,000	First Sale
4 INVERNESS CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	22 Jun 2022	£300,000	42.86%
	01 Jul 2016	£210,000	25.00%
	23 Nov 2007	£168,000	First Sale
20 INVERNESS CLOSETerraced, FreeholdArea: 73 Sq.mtrAge: 1967-1975	19 Nov 2021	£295,000	96.67%
	17 Mar 2021	£150,000	First Sale
18 INVERNESS CLOSETerraced, FreeholdArea: 72 Sq.mtrAge: 1967-1975	13 May 2016	£180,000	20.00%
	30 Oct 2008	£150,000	57.89%
	18 Sep 2008	£95,000	First Sale
3 INVERNESS CLOSETerraced, FreeholdArea: 75.1 Sq.mtrAge: 1967-1975	22 Aug 2011	£138,000	-5.48%
	29 Sep 2006	£146,000	329.41%
	26 Apr 1996	£34,000	First Sale
10 INVERNESS CLOSETerraced, FreeholdArea: 77 Sq.mtrAge: 1976-1982	04 Aug 2008	£153,000	255.81%
	28 Nov 1997	£43,000	First Sale
24 INVERNESS CLOSETerraced, Freehold	25 Sep 2007	£174,500	First Sale
1 INVERNESS CLOSETerraced, FreeholdArea: 74.2 Sq.mtrAge: 1967-1975	18 May 2007	£100,000	First Sale
9 INVERNESS CLOSETerraced, Freehold	06 Jul 2001	£69,000	First Sale
2 INVERNESS CLOSETerraced, FreeholdArea: 88.58 Sq.mtrAge: 1967-1975	02 Jun 2000	£62,500	First Sale
12 INVERNESS CLOSETerraced, Freehold	28 Sep 1998	£53,500	42.67%
12 INVERNESS CLOSETerraced, Freehold	08 Dec 1995	£37,500	First Sale

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

INVERNESS CLOSE, MK3 7SP Near By properties

Interactive Map

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

Terraced
- The average price is around £135,732 median price is £130,000 Standard Deviation is £74,973 with Total Sold: 957
- The Last 5 Year average price is £254,573 with Total Sold: 118
- 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 , 13 CLEEVE CRESCENT: £44,000 (Sold on 27 Jan 1995)
Semi-Detached
- The average price is around £154,240 median price is £145,498 Standard Deviation is £83,199 with Total Sold: 1,018
- The Last 5 Year average price is £274,581 with Total Sold: 163
- 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 £223,908 median price is £212,500 Standard Deviation is £102,605 with Total Sold: 607
- The Last 5 Year average price is £368,753 with Total Sold: 79
- 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 £79,036 median price is £74,000 Standard Deviation is £44,497 with Total Sold: 300
- The Last 5 Year average price is £109,167 with Total Sold: 56
- 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 £159,875 median price is £159,875 Standard Deviation is £120,125 with Total Sold: 2
- The Last 5 Year average price is £159,875 with Total Sold: 2
- The most recent sale happened at this postcode is , 522 WHADDON WAY: £280,000 (Sold on 25 Nov 2022)
- The first recorded sale happened at this postcode is , 32 SURREY ROAD: £39,750 (Sold on 23 Aug 2021)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,600		5
2023	£281,745	£3,904	18
2022	£285,778	£3,609	27
2021	£239,073	£3,234	24
2020	£230,738	£3,079	21
2019	£228,952	£2,914	23
2018	£230,567	£3,045	30
2017	£230,307	£3,234	29
2016	£199,464	£2,766	28
2015	£178,740	£2,551	26
2014	£170,919	£2,286	40
2013	£150,148	£2,035	27
2012	£135,969	£1,813	24
2011	£149,125	£1,769	16
2010	£144,832	£1,853	14
2009	£139,617	£1,749	17
2008	£137,791	£1,685	12
2007	£155,068	£2,141	51
2006	£140,284	£1,922	49
2005	£128,120	£1,747	39
2004	£130,289	£1,681	51
2003	£133,090	£1,775	47
2002	£110,155	£1,422	43
2001	£74,479	£1,072	56
2000	£68,172	£981	39
1999	£56,046	£856	46
1998	£49,368	£719	39
1997	£43,208	£619	59
1996	£37,331	£558	31
1995	£37,623	£537	26

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£277,445	£2,429	11
2023	£313,539	£3,715	23
2022	£301,552	£3,653	35
2021	£254,530	£2,989	33
2020	£264,672	£3,261	32
2019	£243,798	£3,082	29
2018	£238,293	£2,880	29
2017	£229,200	£2,992	30
2016	£233,468	£2,838	33
2015	£214,539	£2,645	31
2014	£176,369	£2,056	23
2013	£160,233	£1,926	15
2012	£147,176	£1,807	17
2011	£148,614	£1,872	21
2010	£160,586	£2,049	15
2009	£156,417	£1,839	18
2008	£170,060	£2,100	25
2007	£175,544	£2,130	46
2006	£154,473	£1,947	54
2005	£153,055	£1,913	45
2004	£139,369	£1,749	60
2003	£138,245	£1,690	43
2002	£113,664	£1,397	55
2001	£89,055	£1,145	54
2000	£83,953	£947	40
1999	£59,300	£805	44
1998	£57,252	£746	33
1997	£52,588	£639	48
1996	£48,036	£595	40
1995	£44,054	£581	36

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£437,400	£4,265	5
2023	£341,714	£4,361	7
2022	£444,000	£3,885	8
2021	£373,587	£3,536	23
2020	£351,447	£3,590	19
2019	£337,088	£3,301	17
2018	£340,373	£3,578	13
2017	£321,797	£3,411	21
2016	£337,473	£3,151	19
2015	£285,478	£2,827	18
2014	£267,227	£2,501	22
2013	£242,260	£2,264	14
2012	£229,878	£2,408	21
2011	£202,917	£2,082	12
2010	£240,826	£2,184	23
2009	£212,400	£1,901	5
2008	£264,688	£2,186	8
2007	£238,100	£2,519	13
2006	£240,733	£2,209	34
2005	£225,794	£1,832	17
2004	£214,274	£2,011	27
2003	£186,675	£1,858	46
2002	£173,463	£1,607	63
2001	£162,432	£1,321	58
2000	£122,188	£1,135	23
1999	£92,962	£988	13
1998	£84,409	£891	11
1997	£84,696	£685	24
1996	£93,373	£938	16
1995	£68,743	£681	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£58,250		2
2023	£151,056	£2,421	9
2022	£146,167	£2,298	3
2021	£87,500	£1,456	25
2020	£113,062	£1,993	8
2019	£122,983	£2,193	9
2018	£93,167	£1,373	6
2017	£130,972	£2,216	9
2016	£113,423	£1,815	13
2015	£87,306	£1,533	8
2014	£86,428	£1,610	7
2013	£63,188	£1,041	8
2012	£72,000	£1,611	2
2011	£74,143	£1,215	7
2010	£72,417	£1,472	6
2009	£75,357	£1,596	7
2008	£71,763	£1,513	14
2007	£113,509	£2,028	26
2006	£82,172	£1,341	12
2005	£84,938	£1,414	16
2004	£72,418	£1,470	11
2003	£70,264	£1,297	17
2002	£55,936	£916	18
2001	£35,375	£745	4
2000	£41,332	£658	12
1999	£32,000	£663	7
1998	£24,083	£439	6
1997	£24,537	£348	12
1996	£21,208	£341	12
1995	£24,375	£405	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£280,000	£3,373	1
2021	£39,750		1

House Type in MK3 7SP area

The most common house types in the MK3 7SP postcode area are Terraced (46), Semi-detached (37), and Detached (27).

Total	111
Terraced	46
Semi-detached	37
Detached	27
Flat	1
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 (52), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright	52
Owned: Owns with a mortgage or loan	37
Private rented: Private landlord or letting agency	13
Social rented: Rents from council or Local Authority	7
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Private rented: Other private rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK3 7SP have 2 people in household (40), and 1 person in household (26).

2 people in household	40
1 person in household	26
3 people in household	19
4 people in household	14
5 people in household	8
6 people in household	3
7 people in household	1
8 or more people in household	1
0 people in household	0