Chepstow Drive - MK3 5NB
Key Postcode Insights
MK3 5NB is a residential postcode situated on Chepstow Drive, Bletchley, Milton Keynes, MK3 with 40 addresses.
It ranks as the 1130th largest and 595th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £350,037
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,608pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
MK3 5NB is a residential postcode situated on Chepstow Drive, Bletchley, Milton Keynes, MK3 with 40 addresses.
It ranks as the 1130th largest and 595th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 40 properties: 40 houses.
- Ave. Sale Price
- £350,037
- 10 Year change
- up 27.1%
- Ave. Rental Price
- £1,608pcm
- 10 Year change
- up 49.2%
- Ave. £ per ft²
- £411/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin MK3 5NB
- 12 Chepstow Drive
Unknown
- 14 Chepstow Drive
Unknown
- 16A Chepstow Drive
5 Bed Modern House
- 16 Chepstow Drive
3 Bed Modern House
- 18A Chepstow Drive
3 Bed Modern House
Sales Market Trends
The last sale in MK3 5NB sold for £297,000 on 11th April 2025. Since then prices are up an average of 0.5%.
The current average value in the postcode is £350,037.
The MK3 5NB Sales Market has increased by 27.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.4% | £350,037 |
| June 2025 | 1.6% | £351,383 |
| June 2024 | -0.4% | £345,699 |
| June 2023 | 0% | £346,954 |
| June 2022 | 12.2% | £346,860 |
| June 2021 | 6.7% | £309,172 |
| June 2020 | -1% | £289,692 |
| June 2019 | -0.9% | £292,758 |
| June 2018 | 2.2% | £295,561 |
| June 2017 | 5% | £289,210 |
| June 2016 | 14.1% | £275,476 |
| June 2015 | 9.6% | £241,482 |
| June 2014 | 10.8% | £220,425 |
| June 2013 | 3.7% | £199,003 |
| June 2012 | 1.9% | £191,854 |
| June 2011 | 1.4% | £188,317 |
| June 2010 | 8% | £185,764 |
| June 2009 | -10.6% | £172,073 |
| June 2008 | -3.6% | £192,443 |
| June 2007 | 0% | £199,526 |
Rental Market Trends
The current average rental value in the postcode is £1,608.
The MK3 5NB Rental Market has increased by 49.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £1,608pcm |
| June 2025 | 3.9% | £1,553pcm |
| June 2024 | 4.7% | £1,494pcm |
| June 2023 | 10.5% | £1,428pcm |
| June 2022 | 11.1% | £1,292pcm |
| June 2021 | 5.9% | £1,163pcm |
| June 2020 | 0.2% | £1,098pcm |
| June 2019 | -0.3% | £1,096pcm |
| June 2018 | 0.4% | £1,100pcm |
| June 2017 | 1.5% | £1,095pcm |
| June 2016 | 6.2% | £1,078pcm |
| June 2015 | 7.6% | £1,015pcm |
| June 2014 | 6.8% | £943pcm |
| June 2013 | 2.2% | £883pcm |
| June 2012 | 2.6% | £864pcm |
| June 2011 | 3.2% | £842pcm |
| June 2010 | 4.4% | £816pcm |
| June 2009 | -6.1% | £782pcm |
| June 2008 | 3.5% | £832pcm |
| June 2007 | 0% | £805pcm |
Sales History
The last sale was on 11th April 2025 for £297,000 and since then the market in the area has increased by 0.5%. The postcode has had a total of 45 sales since 1995.
MK3 5NB has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Apr 2025£297,000 | 3 Bed House74, Chepstow Drive, Milton Keynes, MK3 5NB74, Chepstow Drive, Milton Keynes, MK3 5NB
- Sold Oct 2024£325,000 | 3 Bed House16, Chepstow Drive, Milton Keynes, MK3 5NB16, Chepstow Drive, Milton Keynes, MK3 5NB
- Sold Sep 2022£360,000 | 3 Bed House54, Chepstow Drive, Milton Keynes, MK3 5NB54, Chepstow Drive, Milton Keynes, MK3 5NB
- Sold Apr 2022£365,000 | 3 Bed House18A, Chepstow Drive, Milton Keynes, MK3 5NB18A, Chepstow Drive, Milton Keynes, MK3 5NB
- Sold Aug 2021£291,000 | 3 Bed House60, Chepstow Drive, Milton Keynes, MK3 5NB60, Chepstow Drive, Milton Keynes, MK3 5NB
Nearby Postcodes
MK3 5NB is the 1130th largest and the 595th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 5LZ, Sandown Court, Bletchley, Milton Keynes, MK3MK3 5LZ39 Addresses|33 m away
- MK3 5NH, Kempton Gardens, Bletchley, Milton Keynes, MK3MK3 5NH28 Addresses|69 m away
- MK3 5ND, Chepstow Drive, Bletchley, Milton Keynes, MK3MK3 5ND22 Addresses|121 m away
- MK3 5LS, Blaydon Close, Bletchley, Milton Keynes, MK3MK3 5LS28 Addresses|137 m away
- MK3 5NJ, Newbury Court, Bletchley, Milton Keynes, MK3MK3 5NJ38 Addresses|152 m away
Property Types
- 19 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 19 other addresses of unknown type
- modern house (19)
- mid-century house (2)
- Unknown (19)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 21 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (11)
- G (0)
- D (9)
- No EPC (19)
Top 3 Most Expensive Sales
- Sold May 2026£647,000 | 4 Bed House75, Chepstow Drive, Milton Keynes, MK3 5NG75, Chepstow Drive, Milton Keynes, MK3 5NG
- Sold Apr 2022£365,000 | 3 Bed House18A, Chepstow Drive, Milton Keynes, MK3 5NB18A, Chepstow Drive, Milton Keynes, MK3 5NB
- Sold Sep 2022£360,000 | 3 Bed House54, Chepstow Drive, Milton Keynes, MK3 5NB54, Chepstow Drive, Milton Keynes, MK3 5NB
Schools Nearby
- Chestnuts Primary School500 m away
- St Thomas Aquinas Catholic Primary School1.0 km away
- Holne Chase Primary School1.6 km away
- Lord Grey Academy1.9 km away
- Shenley Brook End School2.7 km away
- Lift Sir Herbert Leon3.0 km away
More reading links
Public Transport Nearby
The closest station to MK3 5NB is Bletchley station, which is 2.5 kilometres away.
- Bletchley|2.5 km away
- Fenny Stratford|3.9 km away
- Milton Keynes Central|5.4 km away
- Bow Brickhill|5.5 km away