Housing Market Analysis for MERTHEN GROVE, MK4 3AX

Are you looking to understand MK4 3AX 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 MK4 3AX area, explore the MK4 3AX Area information page.
For comprehensive crime statistics in the MK4 3AX area, explore the MK4 3AX Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the MK4 3AX postcode area, The average prices are as follows,

Detached
- The average price is around £282,669 median price is £249,995 Standard Deviation is £183,962 with Total Sold: 29
- The Last 5 Year average price is £585,750 with Total Sold: 4
- The most recent sale happened at this postcode is 3 MERTHEN GROVE: £683,000 (Sold on 28 Mar 2023)
- The first recorded sale happened at this postcode is 4 MERTHEN GROVE: £129,950 (Sold on 05 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average MK4 3AX 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	£683,000	£5,022	1
2022	£565,000	£4,669	1
2021	£550,000	£5,446	1
2019	£545,000	£2,739	1
2018	£770,000	£6,099	1
2016	£475,000	£3,762	1
2013	£389,000	£2,559	1
2012	£320,000	£2,759	1
2010	£308,000	£1,548	1
2008	£286,000	£2,466	1
2007	£329,000	£2,938	1
2003	£268,332	£2,145	3
2002	£266,000	£1,750	1
2001	£199,995	£1,786	1
1999	£163,950		1
1998	£114,000	£942	1
1997	£133,444	£1,015	8
1996	£120,300	£936	3

All the Sales in the MERTHEN GROVE, MK4 3AX

See the table below for more details on the sold house prices in the MK4 3AX, Milton Keynes postcode.

Address	Sold Date	Price	% Change
3 MERTHEN GROVEDetached, FreeholdArea: 136 Sq.mtrAge: 1996-2002	28 Mar 2023	£683,000	143.93%
	28 Nov 2003	£280,000	91.85%
	24 Jan 1997	£145,950	First Sale
7 MERTHEN GROVEDetached, FreeholdArea: 121 Sq.mtrAge: 1996-2002	29 Sep 2022	£565,000	395.61%
	24 Jun 1998	£114,000	11.76%
	18 Dec 1996	£102,000	First Sale
2 MERTHEN GROVEDetached, FreeholdArea: 101 Sq.mtrAge: 1991-1995	30 Sep 2021	£550,000	366.30%
	31 Oct 1997	£117,950	First Sale
10 MERTHEN GROVEDetached, FreeholdArea: 199 Sq.mtrAge: 1996-2002	03 May 2019	£545,000	76.95%
	20 Dec 2010	£308,000	105.40%
	20 Aug 1997	£149,950	First Sale
4 MERTHEN GROVEDetached, FreeholdArea: 126.26 Sq.mtrAge: 1996-2002	07 Dec 2018	£770,000	62.11%
	15 Jan 2016	£475,000	265.53%
	05 Dec 1996	£129,950	First Sale
11 MERTHEN GROVEDetached, FreeholdArea: 152 Sq.mtrAge: 1996-2002	05 Jul 2013	£389,000	46.24%
	28 Jun 2002	£266,000	61.26%
	31 Jul 1997	£164,950	First Sale
6 MERTHEN GROVEDetached, FreeholdArea: 116 Sq.mtrAge: 1996-2002	21 Jun 2012	£320,000	11.89%
	11 Jul 2008	£286,000	169.81%
	14 Feb 1997	£106,000	First Sale
1 MERTHEN GROVEDetached, FreeholdArea: 112 Sq.mtrAge: 1991-1995	19 Jun 2007	£329,000	31.60%
	01 Dec 2003	£249,995	25.00%
	22 Jun 2001	£199,995	62.66%
	24 Jul 1997	£122,950	First Sale
9 MERTHEN GROVEDetached, Freehold	03 Oct 2003	£275,000	67.73%
	16 Aug 1999	£163,950	19.85%
	24 Mar 1997	£136,800	First Sale
5 MERTHEN GROVEDetached, Freehold	17 Jan 1997	£123,000	First Sale
8 MERTHEN GROVEDetached, Freehold	13 Dec 1996	£128,950	First Sale

Check out the sold house prices near the MK4 3AX postcode. Properties currently for saleProperties currently for rent

MERTHEN GROVE, MK4 3AX Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the MK4 3AX 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 MK4 3AX postcode.

Terraced
- The average price is around £127,647 median price is £105,000 Standard Deviation is £78,508 with Total Sold: 585
- The Last 5 Year average price is £289,941 with Total Sold: 47
- The most recent sale happened at this postcode is , 19 LANGERSTONE LANE: £293,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 8 PORTHCAWL GREEN: £46,950 (Sold on 21 Apr 1995)
Detached
- The average price is around £228,727 median price is £196,000 Standard Deviation is £129,596 with Total Sold: 1,113
- The Last 5 Year average price is £474,657 with Total Sold: 99
- The most recent sale happened at this postcode is , 98 HARTLAND AVENUE: £700,000 (Sold on 05 Sep 2024)
- The first recorded sale happened at this postcode is , 18 RHOSCOLYN DRIVE: £98,500 (Sold on 27 Jan 1995)
Flat
- The average price is around £56,022 median price is £48,000 Standard Deviation is £34,888 with Total Sold: 119
- The Last 5 Year average price is £92,957 with Total Sold: 15
- The most recent sale happened at this postcode is , 25 OXWICH GROVE: £87,000 (Sold on 06 Aug 2024)
- The first recorded sale happened at this postcode is , 48 PORTHCAWL GREEN: £60,000 (Sold on 08 Dec 1995)
Semi-Detached
- The average price is around £142,399 median price is £119,995 Standard Deviation is £86,179 with Total Sold: 803
- The Last 5 Year average price is £298,856 with Total Sold: 70
- The most recent sale happened at this postcode is , 26 GREENSIDE HILL: £307,000 (Sold on 21 Jun 2024)
- The first recorded sale happened at this postcode is , 22 PORTHCAWL GREEN: £59,950 (Sold on 16 Jan 1995)
Other
- The average price is around £247,667 median price is £362,000 Standard Deviation is £174,574 with Total Sold: 3
- The Last 5 Year average price is £247,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 9 PORTHMELLIN CLOSE: £380,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is , 2 DOWNDERRY CROFT: £1,000 (Sold on 12 Mar 2019)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£298,600		5
2023	£265,333	£4,182	6
2022	£296,267	£4,457	15
2021	£313,479	£3,802	12
2020	£246,625	£3,903	4
2019	£270,000	£3,762	5
2018	£259,667	£3,836	9
2017	£236,750	£3,842	14
2016	£253,444	£3,743	9
2015	£197,496	£3,341	13
2014	£183,823	£2,959	17
2013	£167,444	£2,561	10
2012	£149,857	£2,228	7
2011	£151,778	£2,308	9
2010	£138,250	£2,241	8
2009	£141,857	£2,093	7
2008	£174,856	£2,647	7
2007	£172,470	£2,768	17
2006	£166,916	£2,344	18
2005	£144,403	£2,318	21
2004	£139,534	£2,273	36
2003	£123,931	£2,016	30
2002	£108,691	£1,773	21
2001	£93,080	£1,340	36
2000	£88,528	£1,256	58
1999	£71,312	£1,076	44
1998	£60,803	£903	28
1997	£59,953	£932	46
1996	£53,905	£831	51
1995	£53,795	£806	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£472,250		11
2023	£498,500	£4,608	15
2022	£513,500	£4,790	17
2021	£430,032	£3,823	24
2020	£524,393	£3,629	14
2019	£440,389	£3,808	18
2018	£447,452	£3,972	21
2017	£379,357	£3,601	14
2016	£376,978	£3,688	23
2015	£350,350	£3,235	23
2014	£331,412	£2,757	23
2013	£288,574	£2,619	27
2012	£287,668	£2,556	31
2011	£264,661	£2,444	24
2010	£299,323	£2,448	17
2009	£241,000	£2,123	19
2008	£260,247	£2,152	18
2007	£276,558	£2,635	39
2006	£255,217	£2,415	32
2005	£240,759	£2,096	37
2004	£248,853	£2,176	41
2003	£267,806	£2,101	68
2002	£182,372	£1,737	46
2001	£164,889	£1,485	95
2000	£146,852	£1,345	122
1999	£121,656	£1,119	126
1998	£109,450	£970	33
1997	£105,953	£949	59
1996	£103,369	£876	52
1995	£95,800	£780	24

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£73,500		2
2023	£66,000	£857	1
2022	£95,000	£2,354	2
2021	£106,142	£2,614	6
2020	£86,250	£2,417	2
2019	£91,000	£2,380	2
2018	£99,500	£1,646	3
2017	£85,300	£1,829	5
2016	£62,050	£1,504	4
2015	£70,350	£1,988	2
2014	£95,500	£1,583	2
2012	£56,250	£794	2
2011	£47,000	£979	1
2010	£43,000	£716	4
2009	£84,750	£942	2
2008	£57,688	£875	8
2007	£54,750	£1,001	4
2006	£81,785	£1,690	7
2005	£48,000	£1,025	5
2004	£63,000	£1,495	6
2003	£40,250	£627	4
2002	£45,267	£707	12
2001	£35,416	£1,007	6
2000	£32,499	£941	9
1999	£22,250	£498	7
1998	£14,900	£331	4
1997	£25,250	£696	2
1996	£15,075	£343	4
1995	£60,000	£909	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£341,000		2
2023	£355,346	£4,495	13
2022	£317,500	£3,881	13
2021	£269,048	£3,676	21
2020	£301,250	£3,645	4
2019	£272,703	£3,781	17
2018	£274,818	£3,765	11
2017	£305,428	£3,758	14
2016	£261,781	£3,473	14
2015	£225,500	£2,910	10
2014	£223,874	£2,891	12
2013	£167,818	£2,358	11
2012	£197,001	£2,550	17
2011	£160,792	£2,200	12
2010	£171,242	£2,271	18
2009	£139,321	£2,028	14
2008	£173,090	£2,242	11
2007	£189,272	£2,375	28
2006	£149,247	£2,146	45
2005	£151,208	£2,087	32
2004	£159,010	£2,103	41
2003	£152,921	£2,016	49
2002	£111,785	£1,508	37
2001	£101,576	£1,409	55
2000	£104,387	£1,186	64
1999	£80,353	£1,070	73
1998	£68,965	£897	35
1997	£60,757	£809	44
1996	£61,235	£866	46
1995	£60,498	£824	40

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£380,000	£5,278	1
2022	£362,000	£2,992	1
2019	£1,000	£8	1

House Type in MK4 3AX area

The most common house types in the MK4 3AX postcode area are Detached (78), Terraced (11), and Semi-detached (10).

Total	99
Detached	78
Terraced	11
Semi-detached	10
Flat	0
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 with a mortgage or loan (54), and Owned: Owns outright (26).

Owned: Owns with a mortgage or loan	54
Owned: Owns outright	26
Private rented: Private landlord or letting agency	16
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the MK4 3AX have 2 people in household (32), and 4 people in household (32).

2 people in household	32
4 people in household	32
3 people in household	23
1 person in household	6
5 people in household	5
6 people in household	2
7 people in household	1
0 people in household	0
8 or more people in household	0