Housing Market Analysis for RICHMOND CLOSE, MK3 7TS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £248,429 median price is £250,000 Standard Deviation is £59,490 with Total Sold: 7
    • The Last 5 Year average price is £350,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 RICHMOND CLOSE: £350,000 (Sold on 26 Jun 2020)
    • The first recorded sale happened at this postcode is 4 RICHMOND CLOSE: £179,000 (Sold on 18 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average MK3 7TS 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£350,000 £3,398 1
2015£282,500 £2,730 2
2014£215,000 £2,101 3
2002£179,0001

All the Sales in the RICHMOND CLOSE, MK3 7TS

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

AddressSold DatePrice% Change
9 RICHMOND CLOSEDetached, FreeholdArea: 103 Sq.mtrAge: 1967-197526 Jun 2020£350,00022.81%
05 Jun 2015£285,00023.91%
11 Jun 2014£230,000First Sale
6 RICHMOND CLOSEDetached, FreeholdArea: 104 Sq.mtrAge: 1950-196619 Nov 2015£280,000First Sale
2 RICHMOND CLOSEDetached, FreeholdArea: 102 Sq.mtrAge: 1950-196616 Dec 2014£250,00051.52%
28 Jul 2014£165,000First Sale
4 RICHMOND CLOSEDetached, Freehold18 Oct 2002£179,000First Sale

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

RICHMOND CLOSE, MK3 7TS Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £133,928 median price is £125,000 Standard Deviation is £73,363 with Total Sold: 737
    • The Last 5 Year average price is £242,200 with Total Sold: 114
    • 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 £63,847 median price is £46,500 Standard Deviation is £49,711 with Total Sold: 121
    • The Last 5 Year average price is £131,569 with Total Sold: 18
    • 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 £235,980 median price is £217,000 Standard Deviation is £143,092 with Total Sold: 584
    • The Last 5 Year average price is £418,529 with Total Sold: 89
    • 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 , 13 PRIORS PARK: £75,000 (Sold on 12 Jan 1995)
  • Semi-Detached
    • The average price is around £151,749 median price is £142,500 Standard Deviation is £84,963 with Total Sold: 795
    • The Last 5 Year average price is £295,043 with Total Sold: 88
    • 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 , 5 BINGHAM CLOSE: £43,000 (Sold on 27 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£271,500 £4,105 10
2023£259,969 £3,559 16
2022£244,658 £3,430 19
2021£237,568 £3,429 33
2020£230,533 £3,223 15
2019£228,095 £2,949 21
2018£224,947 £3,233 19
2017£221,676 £3,144 17
2016£202,135 £2,931 24
2015£172,177 £2,306 33
2014£155,650 £2,399 21
2013£133,827 £1,948 13
2012£130,663 £1,903 18
2011£129,844 £1,966 16
2010£128,750 £1,887 18
2009£120,268 £1,613 14
2008£135,109 £2,036 16
2007£140,985 £2,192 33
2006£137,359 £1,933 32
2005£125,402 £1,973 28
2004£123,121 £1,922 38
2003£116,963 £1,766 48
2002£90,304 £1,403 31
2001£73,559 £1,062 42
2000£62,329 £1,063 34
1999£54,424 £876 33
1998£49,395 £733 24
1997£46,248 £644 33
1996£38,363 £659 19
1995£43,197 £515 19
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£127,5002
2023£230,000 £3,538 1
2022£126,667 £2,474 3
2021£129,208 £2,715 6
2020£86,250 £2,417 2
2019£138,875 £2,300 4
2018£156,000 £2,849 1
2017£113,100 £2,046 5
2016£68,500 £1,603 4
2015£88,233 £1,790 3
2011£68,500 £1,110 2
2010£38,667 £680 3
2009£55,000 £762 1
2008£51,167 £892 3
2007£63,000 £923 3
2006£77,999 £1,492 8
2005£54,125 £1,344 4
2004£69,625 £1,403 8
2003£55,833 £917 3
2002£36,085 £509 13
2001£35,249 £1,007 6
2000£37,200 £1,050 10
1999£24,694 £513 9
1998£19,975 £501 4
1997£68,199 £1,803 5
1996£17,550 £341 6
1995£40,250 £909 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£457,000 £3,583 9
2023£423,134 £4,411 16
2022£445,560 £4,101 10
2021£412,346 £3,582 26
2020£407,092 £3,234 13
2019£393,140 £3,644 15
2018£414,084 £2,689 10
2017£365,950 £3,640 20
2016£338,020 £3,266 22
2015£319,989 £2,869 28
2014£234,238 £2,388 25
2013£254,462 £2,249 13
2012£254,655 £2,124 19
2011£211,577 £2,246 13
2010£283,100 £2,362 10
2009£383,750 £2,330 2
2008£279,192 £2,108 13
2007£236,604 £2,238 24
2006£235,569 £2,211 28
2005£239,466 £2,007 15
2004£208,111 £1,842 27
2003£201,031 £1,980 16
2002£172,511 £1,605 37
2001£125,874 £1,245 28
2000£117,055 £1,096 27
1999£113,482 £939 25
1998£96,027 £1,018 26
1997£98,570 £846 25
1996£77,222 £758 20
1995£73,375 £606 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£357,000 £4,145 4
2023£317,857 £4,006 14
2022£345,417 £4,029 21
2021£269,760 £3,338 25
2020£253,429 £2,909 14
2019£254,000 £3,395 10
2018£255,789 £3,225 19
2017£240,673 £3,233 26
2016£254,679 £3,024 22
2015£221,081 £2,781 30
2014£201,283 £2,351 18
2013£149,800 £2,160 10
2012£171,893 £2,094 14
2011£149,393 £2,007 14
2010£177,667 £2,314 15
2009£141,419 £1,913 27
2008£169,686 £2,061 24
2007£163,749 £2,169 41
2006£157,311 £2,175 32
2005£146,220 £1,805 37
2004£143,574 £1,805 39
2003£136,453 £1,738 44
2002£112,617 £1,317 54
2001£90,340 £1,109 45
2000£85,755 £1,078 32
1999£68,796 £873 46
1998£59,419 £780 34
1997£56,423 £678 38
1996£48,324 £626 22
1995£46,052 £605 24
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£315,000 £1,966 2
2013£105,000 £1,219 4

House Type in MK3 7TS area

The most common house types in the MK3 7TS postcode area are Detached (108), Semi-detached (10), and Terraced (1).

Total119
Detached108
Semi-detached10
Terraced1
Flat0
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 (81), and Owned: Owns with a mortgage or loan (33).

Owned: Owns outright81
Owned: Owns with a mortgage or loan33
Private rented: Private landlord or letting agency4
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the MK3 7TS have 2 people in household (49), and 1 person in household (31).

2 people in household49
1 person in household31
3 people in household16
4 people in household12
5 people in household5
6 people in household4
7 people in household2
0 people in household0
8 or more people in household0