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MK3 5GJHouse Prices / South East, Milton Keynes, Shetland Meadows
Last updated May 2026
Key Postcode Insights
MK3 5GJ is a residential postcode situated on Shetland Meadows, Newton Leys, Bletchley, Milton Keynes, MK3 with 11 addresses.
It ranks as the 457th largest and 853rd most expensive of the 1,223 postcodes in the MK3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
11
Properties
- Houses
Key Postcode Insights
MK3 5GJ is a residential postcode situated on Shetland Meadows, Newton Leys, Bletchley, Milton Keynes, MK3 with 11 addresses.
It ranks as the 457th largest and 853rd most expensive of the 1,223 postcodes in the MK3 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 11 properties: 11 houses.
11
Properties
- Houses
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House Pricesin MK3 5GJ
Sale prices range from £333,671 for 3 bedroom freehold houses with a garden (882 ft2) to £447,261 for 4 bedroom freehold houses with a garden (1,506 ft2) .
Monthly rental prices range from £1,639 pcm for 3 bed houses to £2,011 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 5.9%.
The average value per square foot is £322.
Average Sale Value
£399,969
Average Rental Value
£1,856 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£322 /ft2
Sales Market Trendsin MK3 5GJ
The last sale in MK3 5GJ sold for £398,000 on 13th December 2024. Since then prices are up an average of 1.0%.
The current average value in the postcode is £399,969.
The MK3 5GJ Sales Market has increased by 29.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.7% | £399,969 |
| April 2025 | 1.1% | £397,176 |
| April 2024 | -1.6% | £392,801 |
| April 2023 | 3% | £399,055 |
| April 2022 | 11.8% | £387,559 |
| April 2021 | 4% | £346,787 |
| April 2020 | -2% | £333,589 |
| April 2019 | 0.2% | £340,357 |
| April 2018 | 2.8% | £339,650 |
| April 2017 | 6.7% | £330,532 |
| April 2016 | 14.6% | £309,833 |
| April 2015 | 9.8% | £270,282 |
| April 2014 | 8.9% | £246,271 |
| April 2013 | 5.4% | £226,059 |
| April 2012 | 1.5% | £214,449 |
| April 2011 | 0.2% | £211,265 |
| April 2010 | 7.8% | £210,946 |
| April 2009 | -14.5% | £195,607 |
| April 2008 | 0.8% | £228,868 |
| April 2007 | 0% | £227,097 |
Rental Market Trendsin MK3 5GJ
The current average rental value in the postcode is £1,856.
The MK3 5GJ Rental Market has increased by 47.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,856pcm |
| April 2025 | 3.4% | £1,790pcm |
| April 2024 | 6.1% | £1,731pcm |
| April 2023 | 10.1% | £1,631pcm |
| April 2022 | 9.9% | £1,481pcm |
| April 2021 | 4.5% | £1,348pcm |
| April 2020 | 0.1% | £1,289pcm |
| April 2019 | 0.1% | £1,288pcm |
| April 2018 | 0.9% | £1,287pcm |
| April 2017 | 1.5% | £1,276pcm |
| April 2016 | 8.2% | £1,257pcm |
| April 2015 | 7.1% | £1,162pcm |
| April 2014 | 5.2% | £1,085pcm |
| April 2013 | 4.5% | £1,031pcm |
| April 2012 | 2.7% | £986pcm |
| April 2011 | 2.3% | £961pcm |
| April 2010 | 2.6% | £939pcm |
| April 2009 | -6.1% | £915pcm |
| April 2008 | 4.5% | £974pcm |
| April 2007 | 0% | £931pcm |
Explore Propertiesin MK3 5GJ, Shetland Meadows, Newton Leys, Bletchley, Milton Keynes, MK3
- 2, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 4, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 6, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 8, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 10, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 12, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed house
- 14, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 16, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 18, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 29, Shetland Meadows, Milton Keynes, MK3 5GJ4 bed modern house
- 31, Shetland Meadows, Milton Keynes, MK3 5GJ3 bed modern house
Sales Historyin MK3 5GJ
The last sale was on 13th December 2024 for £398,000 and since then the market in the area has increased by 1.0%. The postcode has had a total of 14 sales since 1995.
MK3 5GJ has seen 3 sales in the last three years and no sales in the last twelve months.
Sold Dec 2024£398,000 | 4 Bed HouseShetland Meadows6, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Jun 2024£405,000 | 4 Bed HouseShetland Meadows8, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Feb 2024£430,000 | 4 Bed HouseShetland Meadows10, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Nov 2014£275,000 | 4 Bed HouseShetland Meadows29, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Nov 2014£245,000 | 3 Bed HouseShetland Meadows31, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Sep 2014£290,000 | 4 Bed HouseShetland Meadows18, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Sep 2014£270,000 | 4 Bed HouseShetland Meadows16, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Mar 2014£250,000 | 4 Bed HouseShetland Meadows10, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Mar 2014£275,000 | 4 Bed HouseShetland Meadows12, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Mar 2014£250,000 | 4 Bed HouseShetland Meadows14, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Feb 2014£245,000 | 4 Bed HouseShetland Meadows8, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Feb 2014£300,000 | 4 Bed HouseShetland Meadows4, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Feb 2014£243,000 | 4 Bed HouseShetland Meadows6, Shetland Meadows, Milton Keynes, MK3 5GJ
Sold Jan 2014£329,000 | 4 Bed HouseShetland Meadows2, Shetland Meadows, Milton Keynes, MK3 5GJ
Nearby Postcodesto MK3 5GJ
MK3 5GJ is the 457th largest and the 853rd most expensive postcode out of the 1,223 postcodes in the MK3 area.
- 33 mMK3 5GS, Guyana Lane, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5GS16 Addresses
- 74 mMK3 5GH, Sumatra Crescent, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5GH18 Addresses
- 87 mMK3 5GL, Santa Cruz Avenue, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5GL37 Addresses
- 112 mMK3 5LG, Tahiti Row, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5LG8 Addresses
- 148 mMK3 5FT, Tobago Drive, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5FT16 Addresses
- 152 mMK3 5GN, Hainan Drive, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5GN10 Addresses
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Property Typesin MK3 5GJ
- 10 modern houses built after 1980
- 1 house of an unknown age
- modern house (10)
- house (1)
Energy Efficiencyof properties in MK3 5GJ
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (3)
- F (0)
- C (7)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Shetland Meadows
Schools Nearbyto MK3 5GJ
The nearest primary school to MK3 5GJ is Newton Leys Primary School which is 632 metres away.
- 632mNewton Leys Primary School
- 1.2kmWater Hall Primary School
- 1.6kmDrayton Park School
The nearest secondary school is Lift Sir Herbert Leon which is 1.4 kilometres away.
- 1.4kmLift Sir Herbert Leon
- 3.1kmLord Grey Academy
- 5.1kmShenley Brook End School
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Public Transport Nearbyto MK3 5GJ
The closest station to MK3 5GJ is Bletchley station which is 2.7 kilometres away.
- 2.7kmBletchley
- 3.6kmFenny Stratford
- 4.8kmBow Brickhill
- 7.3kmMilton Keynes Central
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