Melville Drive - MK3 5SX
Key Postcode Insights
MK3 5SX is a residential postcode situated on Melville Drive, Newton Leys, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 497th largest and 57th 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 12 properties: 12 houses.
- Ave. Sale Price
- £160,787
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £854pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £163/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
MK3 5SX is a residential postcode situated on Melville Drive, Newton Leys, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 497th largest and 57th 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 12 properties: 12 houses.
- Ave. Sale Price
- £160,787
- 10 Year change
- up 26.2%
- Ave. Rental Price
- £854pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £163/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin MK3 5SX
- 2 Melville Drive
3 Bed Modern House
- 4 Melville Drive
3 Bed Modern House
- 6 Melville Drive
3 Bed Modern House
- 8 Melville Drive
3 Bed Modern House
- 10 Melville Drive
3 Bed Modern House
Sales Market Trends
The last sale in MK3 5SX sold for £146,000 on 22nd September 2025. Since then prices have on average remained the same.
The current average value in the postcode is £160,787.
The MK3 5SX Sales Market has increased by 26.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £160,787 |
| June 2025 | 1.4% | £161,261 |
| June 2024 | -1.5% | £158,989 |
| June 2023 | 1.4% | £161,392 |
| June 2022 | 11.9% | £159,168 |
| June 2021 | 5.4% | £142,242 |
| June 2020 | -0.7% | £134,995 |
| June 2019 | -1.3% | £135,972 |
| June 2018 | 3% | £137,804 |
| June 2017 | 5.1% | £133,847 |
| June 2016 | 15.2% | £127,391 |
| June 2015 | 9.3% | £110,539 |
| June 2014 | 11% | £101,153 |
| June 2013 | 3.3% | £91,146 |
| June 2012 | 1.7% | £88,255 |
| June 2011 | 0.7% | £86,786 |
| June 2010 | 7.7% | £86,187 |
| June 2009 | -11.5% | £80,002 |
| June 2008 | -3.1% | £90,433 |
| June 2007 | 0% | £93,285 |
Rental Market Trends
The current average rental value in the postcode is £854.
The MK3 5SX Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £854pcm |
| June 2025 | 3.3% | £824pcm |
| June 2024 | 5.2% | £798pcm |
| June 2023 | 10.1% | £758pcm |
| June 2022 | 10.9% | £689pcm |
| June 2021 | 5.1% | £621pcm |
| June 2020 | 0.8% | £591pcm |
| June 2019 | -0.3% | £586pcm |
| June 2018 | 1.2% | £588pcm |
| June 2017 | 0.8% | £581pcm |
| June 2016 | 7.2% | £577pcm |
| June 2015 | 8.3% | £538pcm |
| June 2014 | 5.3% | £497pcm |
| June 2013 | 3% | £472pcm |
| June 2012 | 2.5% | £458pcm |
| June 2011 | 2.5% | £447pcm |
| June 2010 | 4.6% | £436pcm |
| June 2009 | -6.4% | £417pcm |
| June 2008 | 4% | £446pcm |
| June 2007 | 0% | £429pcm |
Sales History
The last sale was on 22nd September 2025 for £146,000 and since then the market in the area has remained stable. The postcode has had a total of 4 sales since 1995.
MK3 5SX has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Sep 2025£146,000 | 3 Bed House4, Melville Drive, Milton Keynes, MK3 5SX4, Melville Drive, Milton Keynes, MK3 5SX
- Sold Mar 2025£192,500 | 4 Bed House22, Melville Drive, Milton Keynes, MK3 5SX22, Melville Drive, Milton Keynes, MK3 5SX
- Sold Dec 2022£245,570 | 3 Bed House2, Melville Drive, Milton Keynes, MK3 5SX2, Melville Drive, Milton Keynes, MK3 5SX
- Sold Dec 2022£133,090 | 4 Bed House22, Melville Drive, Milton Keynes, MK3 5SX22, Melville Drive, Milton Keynes, MK3 5SX
Nearby Postcodes
MK3 5SX is the 497th largest and the 57th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 5SY, Chapel Rise, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5SY10 Addresses|62 m away
- MK3 5ST, St. Kitts Way, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5ST11 Addresses|146 m away
- MK3 5SS, Melville Drive, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5SS32 Addresses|161 m away
- MK3 5SZ, Havergate Rise, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5SZ3 Addresses|181 m away
- MK3 5RL, Denny Lane, Newton Leys, Bletchley, Milton Keynes, MK3MK3 5RL58 Addresses|232 m away
Property Types
- 12 modern houses built after 1980
- modern house (12)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 12 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (12)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Dec 2022£245,570 | 3 Bed House2, Melville Drive, Milton Keynes, MK3 5SX2, Melville Drive, Milton Keynes, MK3 5SX
- Sold Jul 2025£227,500 | 3 Bed House23, Melville Drive, Milton Keynes, MK3 5SS23, Melville Drive, Milton Keynes, MK3 5SS
- Sold Mar 2025£192,500 | 4 Bed House22, Melville Drive, Milton Keynes, MK3 5SX22, Melville Drive, Milton Keynes, MK3 5SX
Schools Nearby
- Newton Leys Primary School900 m away
- Water Hall Primary School1.3 km away
- Holne Chase Primary School1.5 km away
- Lift Sir Herbert Leon1.5 km away
- Lord Grey Academy2.4 km away
- Shenley Brook End School4.4 km away
More reading links
Public Transport Nearby
The closest station to MK3 5SX is Bletchley station, which is 2.1 kilometres away.
- Bletchley|2.1 km away
- Fenny Stratford|3.2 km away
- Bow Brickhill|4.6 km away
- Milton Keynes Central|6.6 km away