Shelley Drive - MK3 5BW
Key Postcode Insights
MK3 5BW is a residential postcode situated on Shelley Drive, Bletchley, Milton Keynes, MK3 with 9 addresses.
It ranks as the 342nd largest and 576th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £321,813
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £1,627pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
MK3 5BW is a residential postcode situated on Shelley Drive, Bletchley, Milton Keynes, MK3 with 9 addresses.
It ranks as the 342nd largest and 576th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 houses.
- Ave. Sale Price
- £321,813
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £1,627pcm
- 10 Year change
- up 49.3%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin MK3 5BW
- 6 Shelley Drive
4 Bed Mid-century House
- 8 Shelley Drive
Unknown
- 10 Shelley Drive
3 Bed Mid-century House
- 12 Shelley Drive
3 Bed Mid-century House
- 14A Shelley Drive
4 Bed Mid-century House
Sales Market Trends
The last sale in MK3 5BW sold for £361,000 on 5th January 2024. Since then prices are up an average of 1.6%.
The current average value in the postcode is £321,813.
The MK3 5BW Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.1% | £321,813 |
| June 2025 | 1.5% | £322,033 |
| June 2024 | -0.7% | £317,172 |
| June 2023 | 0.5% | £319,544 |
| June 2022 | 12.3% | £318,111 |
| June 2021 | 6.3% | £283,184 |
| June 2020 | -1.1% | £266,438 |
| June 2019 | -1.2% | £269,466 |
| June 2018 | 2.6% | £272,667 |
| June 2017 | 5.1% | £265,828 |
| June 2016 | 15.1% | £252,868 |
| June 2015 | 9.5% | £219,765 |
| June 2014 | 11.3% | £200,660 |
| June 2013 | 3.4% | £180,363 |
| June 2012 | 2% | £174,372 |
| June 2011 | 0.6% | £171,027 |
| June 2010 | 7.4% | £170,064 |
| June 2009 | -11.1% | £158,339 |
| June 2008 | -3.6% | £178,134 |
| June 2007 | 0% | £184,830 |
Rental Market Trends
The current average rental value in the postcode is £1,627.
The MK3 5BW Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.9% | £1,627pcm |
| June 2025 | 3.7% | £1,567pcm |
| June 2024 | 5% | £1,511pcm |
| June 2023 | 10.2% | £1,439pcm |
| June 2022 | 11.2% | £1,306pcm |
| June 2021 | 5.5% | £1,174pcm |
| June 2020 | 0.4% | £1,113pcm |
| June 2019 | -0.3% | £1,108pcm |
| June 2018 | 0.7% | £1,112pcm |
| June 2017 | 1.3% | £1,104pcm |
| June 2016 | 7% | £1,090pcm |
| June 2015 | 8.1% | £1,018pcm |
| June 2014 | 6.2% | £942pcm |
| June 2013 | 2.7% | £887pcm |
| June 2012 | 2.7% | £864pcm |
| June 2011 | 2.4% | £841pcm |
| June 2010 | 4.1% | £821pcm |
| June 2009 | -6.4% | £789pcm |
| June 2008 | 3.7% | £843pcm |
| June 2007 | 0% | £813pcm |
Sales History
The last sale was on 5th January 2024 for £361,000 and since then the market in the area has increased by 1.6%. The postcode has had a total of 14 sales since 1995.
MK3 5BW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jan 2024£361,000 | 4 Bed House6, Shelley Drive, Milton Keynes, MK3 5BW6, Shelley Drive, Milton Keynes, MK3 5BW
- Sold Feb 2022£237,000 | 2 Bed House18, Shelley Drive, Milton Keynes, MK3 5BW18, Shelley Drive, Milton Keynes, MK3 5BW
- Sold Dec 2015£250,000 | 3 Bed House10, Shelley Drive, Milton Keynes, MK3 5BW10, Shelley Drive, Milton Keynes, MK3 5BW
- Sold Mar 2012£160,000 | 3 Bed House10, Shelley Drive, Milton Keynes, MK3 5BW10, Shelley Drive, Milton Keynes, MK3 5BW
- Sold Oct 2005£247,000 | 4 Bed House14, Shelley Drive, Milton Keynes, MK3 5BW14, Shelley Drive, Milton Keynes, MK3 5BW
Nearby Postcodes
MK3 5BW is the 342nd largest and the 576th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 5BX, Selbourne Avenue, Bletchley, Milton Keynes, MK3MK3 5BX24 Addresses|62 m away
- MK3 5BN, Shelley Drive, Bletchley, Milton Keynes, MK3MK3 5BN42 Addresses|63 m away
- MK3 5BT, Newton Road, Bletchley, Milton Keynes, MK3MK3 5BT35 Addresses|104 m away
- MK3 5BU, Newton Road, Bletchley, Milton Keynes, MK3MK3 5BU23 Addresses|144 m away
- MK3 5BD, Byron Close, Bletchley, Milton Keynes, MK3MK3 5BD38 Addresses|149 m away
Property Types
- 6 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Mar 2025£500,000 | 4 Bed House1A, Shelley Drive, Milton Keynes, MK3 5BN1A, Shelley Drive, Milton Keynes, MK3 5BN
- Sold Jan 2024£361,000 | 4 Bed House6, Shelley Drive, Milton Keynes, MK3 5BW6, Shelley Drive, Milton Keynes, MK3 5BW
- Sold Feb 2025£355,000 | 3 Bed House21, Shelley Drive, Milton Keynes, MK3 5BN21, Shelley Drive, Milton Keynes, MK3 5BN
Schools Nearby
- St Thomas Aquinas Catholic Primary School300 m away
- Holne Chase Primary School400 m away
- Chestnuts Primary School800 m away
- Lord Grey Academy1.1 km away
- Lift Sir Herbert Leon2.1 km away
- Shenley Brook End School3.2 km away
More reading links
Public Transport Nearby
The closest station to MK3 5BW is Bletchley station, which is 1.3 kilometres away.
- Bletchley|1.3 km away
- Fenny Stratford|2.7 km away
- Bow Brickhill|4.3 km away
- Milton Keynes Central|5.2 km away
