Chester Close - MK3 5JY
Key Postcode Insights
MK3 5JY is a residential postcode situated on Chester Close, Bletchley, Milton Keynes, MK3 with 32 addresses.
It ranks as the 1041st largest and 288th 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 32 properties: 28 houses and 4 flats.
- Ave. Sale Price
- £249,875
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Key Postcode Insights
MK3 5JY is a residential postcode situated on Chester Close, Bletchley, Milton Keynes, MK3 with 32 addresses.
It ranks as the 1041st largest and 288th 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 32 properties: 28 houses and 4 flats.
- Ave. Sale Price
- £249,875
- 10 Year change
- up 24.1%
- Ave. Rental Price
- £1,376pcm
- 10 Year change
- up 45.8%
- Ave. £ per ft²
- £317/ft²
- Ave. Gross Yield
- 6.6%/year/yr
Explore Propertiesin MK3 5JY
- 2 Chester Close
3 Bed Mid-century House
- 4 Chester Close
2 Bed Mid-century House
- 6 Chester Close
3 Bed Mid-century House
- 8 Chester Close
3 Bed Mid-century House
- 10 Chester Close
3 Bed Mid-century House
Sales Market Trends
The last sale in MK3 5JY sold for £275,000 on 21st February 2025. Since then prices are up an average of 1.9%.
The current average value in the postcode is £249,875.
The MK3 5JY Sales Market has increased by 24.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £249,875 |
| June 2025 | 1.6% | £247,994 |
| June 2024 | 0.2% | £244,162 |
| June 2023 | -1.1% | £243,619 |
| June 2022 | 11.6% | £246,343 |
| June 2021 | 6.2% | £220,736 |
| June 2020 | -1.5% | £207,912 |
| June 2019 | -1.2% | £211,125 |
| June 2018 | 1.3% | £213,769 |
| June 2017 | 4.8% | £210,991 |
| June 2016 | 14.8% | £201,273 |
| June 2015 | 9.9% | £175,267 |
| June 2014 | 10.9% | £159,534 |
| June 2013 | 3.3% | £143,825 |
| June 2012 | 1.7% | £139,217 |
| June 2011 | 0.2% | £136,911 |
| June 2010 | 5.7% | £136,615 |
| June 2009 | -11.1% | £129,210 |
| June 2008 | -4.2% | £145,364 |
| June 2007 | 0% | £151,790 |
Rental Market Trends
The current average rental value in the postcode is £1,376.
The MK3 5JY Rental Market has increased by 45.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,376pcm |
| June 2025 | 4% | £1,313pcm |
| June 2024 | 5% | £1,262pcm |
| June 2023 | 9.6% | £1,202pcm |
| June 2022 | 10.3% | £1,097pcm |
| June 2021 | 5.1% | £995pcm |
| June 2020 | -0.1% | £947pcm |
| June 2019 | -0.6% | £948pcm |
| June 2018 | -0.5% | £953pcm |
| June 2017 | 1.5% | £958pcm |
| June 2016 | 6.8% | £944pcm |
| June 2015 | 7.9% | £884pcm |
| June 2014 | 7% | £819pcm |
| June 2013 | 1.8% | £765pcm |
| June 2012 | 2.4% | £752pcm |
| June 2011 | 2% | £734pcm |
| June 2010 | 2.3% | £719pcm |
| June 2009 | -6.8% | £703pcm |
| June 2008 | 2.8% | £754pcm |
| June 2007 | 0% | £733pcm |
Sales History
The last sale was on 21st February 2025 for £275,000 and since then the market in the area has increased by 1.9%. The postcode has had a total of 28 sales since 1995.
MK3 5JY has seen 6 sales in the last three years and no sales in the last twelve months.
- Sold Feb 2025£275,000 | 3 Bed House46, Chester Close, Milton Keynes, MK3 5JY46, Chester Close, Milton Keynes, MK3 5JY
- Sold Oct 2024£227,260 | 3 Bed House38, Chester Close, Milton Keynes, MK3 5JY38, Chester Close, Milton Keynes, MK3 5JY
- Sold Feb 2024£265,000 | 3 Bed House42, Chester Close, Milton Keynes, MK3 5JY42, Chester Close, Milton Keynes, MK3 5JY
- Sold Aug 2023£211,000 | 3 Bed House54, Chester Close, Milton Keynes, MK3 5JY54, Chester Close, Milton Keynes, MK3 5JY
- Sold May 2023£280,000 | 3 Bed House2, Chester Close, Milton Keynes, MK3 5JY2, Chester Close, Milton Keynes, MK3 5JY
Nearby Postcodes
MK3 5JY is the 1041st largest and the 288th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7DN, Caernarvon Crescent, Bletchley, Milton Keynes, MK3MK3 7DN17 Addresses|60 m away
- MK3 7DU, Whaddon Way, Bletchley, Milton Keynes, MK3MK3 7DU6 Addresses|62 m away
- MK3 5JQ, Chester Close, Bletchley, Milton Keynes, MK3MK3 5JQ12 Addresses|68 m away
- MK3 5JG, Buckingham Road, Bletchley, Milton Keynes, MK3MK3 5JG8 Addresses|77 m away
- MK3 7DW, Caernarvon Crescent, Bletchley, Milton Keynes, MK3MK3 7DW6 Addresses|82 m away
Property Types
- 22 mid-century houses built between 1936 and 1979
- 4 mid-century flats built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- mid-century house (22)
- mid-century flat (4)
- house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 26 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (0)
- F (0)
- C (9)
- G (0)
- D (14)
- No EPC (6)
Top 3 Most Expensive Sales
- Sold May 2023£280,000 | 3 Bed House2, Chester Close, Milton Keynes, MK3 5JY2, Chester Close, Milton Keynes, MK3 5JY
- Sold Feb 2025£275,000 | 3 Bed House46, Chester Close, Milton Keynes, MK3 5JY46, Chester Close, Milton Keynes, MK3 5JY
- Sold Jul 2022£270,000 | 3 Bed House14, Chester Close, Milton Keynes, MK3 5JY14, Chester Close, Milton Keynes, MK3 5JY
Schools Nearby
- Chestnuts Primary School200 m away
- St Thomas Aquinas Catholic Primary School500 m away
- Holne Chase Primary School1.1 km away
- Lord Grey Academy1.3 km away
- Shenley Brook End School2.5 km away
- Lift Sir Herbert Leon2.8 km away
More reading links
Public Transport Nearby
The closest station to MK3 5JY is Bletchley station, which is 2.0 kilometres away.
- Bletchley|2.0 km away
- Fenny Stratford|3.4 km away
- Milton Keynes Central|4.9 km away
- Bow Brickhill|4.9 km away
