MK3 5RL is a residential postcode situated on Denny Lane, Newton Leys, Bletchley, Milton Keynes, MK3 with 58 addresses.
It ranks as the 1203rd largest and 693rd 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 58 properties: 57 houses and 1 flat.
MK3 5RL is a residential postcode situated on Denny Lane, Newton Leys, Bletchley, Milton Keynes, MK3 with 58 addresses.
It ranks as the 1203rd largest and 693rd 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 58 properties: 57 houses and 1 flat.
Sale prices range from £184,700 for 2 bedroom leasehold flats (613 ft2) to £470,316 for 5 bedroom freehold houses with a garden (1,840 ft2) .
Monthly rental prices range from £1,066 pcm for 2 bed flats to £2,287 pcm for 5 bed houses.
The gross rental yield is between 5.7% and 6.9%.
The average value per square foot is £327.
The last sale in MK3 5RL sold for £152,000 on 29th August 2025. Since then prices are down an average of 1.1%.
The current average value in the postcode is £352,865.
The MK3 5RL Sales Market has increased by 24.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.6% | £352,865 |
| April 2025 | 0.8% | £350,915 |
| April 2024 | -1.6% | £348,026 |
| April 2023 | 2.5% | £353,823 |
| April 2022 | 10.7% | £345,025 |
| April 2021 | 3.3% | £311,536 |
| April 2020 | -1.9% | £301,527 |
| April 2019 | -0.2% | £307,260 |
| April 2018 | 2.3% | £307,787 |
| April 2017 | 6.4% | £300,742 |
| April 2016 | 14.6% | £282,754 |
| April 2015 | 9.5% | £246,744 |
| April 2014 | 8.6% | £225,286 |
| April 2013 | 4.6% | £207,427 |
| April 2012 | 1% | £198,235 |
| April 2011 | 0.5% | £196,223 |
| April 2010 | 6.9% | £195,213 |
| April 2009 | -14.6% | £182,620 |
| April 2008 | 0.3% | £213,955 |
| April 2007 | 0% | £213,296 |
The current average rental value in the postcode is £1,777.
The MK3 5RL Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,777pcm |
| April 2025 | 3.1% | £1,717pcm |
| April 2024 | 6.3% | £1,666pcm |
| April 2023 | 9.5% | £1,568pcm |
| April 2022 | 8.9% | £1,432pcm |
| April 2021 | 3.9% | £1,314pcm |
| April 2020 | 0.3% | £1,265pcm |
| April 2019 | -0.3% | £1,261pcm |
| April 2018 | 0.5% | £1,265pcm |
| April 2017 | 1.1% | £1,259pcm |
| April 2016 | 8.1% | £1,245pcm |
| April 2015 | 7.1% | £1,152pcm |
| April 2014 | 4.7% | £1,076pcm |
| April 2013 | 3.9% | £1,027pcm |
| April 2012 | 2.1% | £989pcm |
| April 2011 | 2.7% | £968pcm |
| April 2010 | 1.9% | £943pcm |
| April 2009 | -6.1% | £925pcm |
| April 2008 | 4% | £985pcm |
| April 2007 | 0% | £948pcm |
The last sale was on 29th August 2025 for £152,000 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 17 sales since 1995.
MK3 5RL has seen 13 sales in the last three years and 3 sales in the last twelve months.
MK3 5RL is the 1203rd largest and the 693rd most expensive postcode out of the 1,223 postcodes in the MK3 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK3 5RL, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK3 5RL, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK3 5RL, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK3 5RL, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.