Melrose Avenue - MK3 6PB
Key Postcode Insights
MK3 6PB is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 504th largest and 54th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £165,932
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £987pcm
- 10 Year change
- up 33.3%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Key Postcode Insights
MK3 6PB is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 504th largest and 54th most expensive of the 1,223 postcodes in the MK3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 12 properties: 12 flats.
- Ave. Sale Price
- £165,932
- 10 Year change
- up 13.5%
- Ave. Rental Price
- £987pcm
- 10 Year change
- up 33.3%
- Ave. £ per ft²
- £171/ft²
- Ave. Gross Yield
- 7.1%/year/yr
Explore Propertiesin MK3 6PB
- 19 Melrose Avenue
Building  |  2 Flats
- 21 Melrose Avenue
Unknown
- 23 Melrose Avenue
Unknown
- 25 Melrose Avenue
Unknown
- 27 Melrose Avenue
3 Bed Mid-century Flat
Sales Market Trends
The last sale in MK3 6PB sold for £150,000 on 21st July 2023. Since then prices are up an average of 2.6%.
The current average value in the postcode is £165,932.
The MK3 6PB Sales Market has increased by 13.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £165,932 |
| June 2025 | 1.3% | £162,862 |
| June 2024 | -0.6% | £160,850 |
| June 2023 | -1.2% | £161,810 |
| June 2022 | 8.4% | £163,746 |
| June 2021 | 3% | £151,079 |
| June 2020 | -1.8% | £146,625 |
| June 2019 | -1.5% | £149,277 |
| June 2018 | -0.3% | £151,608 |
| June 2017 | 4% | £152,053 |
| June 2016 | 14.3% | £146,167 |
| June 2015 | 9.8% | £127,916 |
| June 2014 | 10.5% | £116,489 |
| June 2013 | 1.9% | £105,426 |
| June 2012 | 0.2% | £103,456 |
| June 2011 | -0.5% | £103,235 |
| June 2010 | 3.8% | £103,706 |
| June 2009 | -11.4% | £99,948 |
| June 2008 | -3.4% | £112,757 |
| June 2007 | 0% | £116,735 |
Rental Market Trends
The current average rental value in the postcode is £987.
The MK3 6PB Rental Market has increased by 33.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £987pcm |
| June 2025 | 3.5% | £932pcm |
| June 2024 | 4.8% | £901pcm |
| June 2023 | 8.7% | £859pcm |
| June 2022 | 7.6% | £791pcm |
| June 2021 | 2.4% | £735pcm |
| June 2020 | -0.6% | £718pcm |
| June 2019 | -0.8% | £722pcm |
| June 2018 | -2% | £728pcm |
| June 2017 | 0.3% | £742pcm |
| June 2016 | 6.4% | £740pcm |
| June 2015 | 8.3% | £696pcm |
| June 2014 | 6% | £643pcm |
| June 2013 | 0.6% | £607pcm |
| June 2012 | 0.9% | £603pcm |
| June 2011 | 1.5% | £597pcm |
| June 2010 | 0.4% | £588pcm |
| June 2009 | -6.7% | £586pcm |
| June 2008 | 3.6% | £628pcm |
| June 2007 | 0% | £606pcm |
Sales History
The last sale was on 21st July 2023 for £150,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 6 sales since 1995.
MK3 6PB has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2023£150,000 | 3 Bed Flat33, Melrose Avenue, Milton Keynes, MK3 6PB33, Melrose Avenue, Milton Keynes, MK3 6PB
- Sold Sep 2021£140,000 | 3 Bed Flat39, Melrose Avenue, Milton Keynes, MK3 6PB39, Melrose Avenue, Milton Keynes, MK3 6PB
- Sold Dec 2015£122,000 | 3 Bed Flat31, Melrose Avenue, Milton Keynes, MK3 6PB31, Melrose Avenue, Milton Keynes, MK3 6PB
- Sold Oct 2013£90,000 | 3 Bed Flat31, Melrose Avenue, Milton Keynes, MK3 6PB31, Melrose Avenue, Milton Keynes, MK3 6PB
- Sold Jun 2005£104,000 | 3 Bed Flat39, Melrose Avenue, Milton Keynes, MK3 6PB39, Melrose Avenue, Milton Keynes, MK3 6PB
Nearby Postcodes
MK3 6PB is the 504th largest and the 54th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 6QD, Dorchester Avenue, Bletchley, Milton Keynes, MK3MK3 6QD24 Addresses|50 m away
- MK3 6PA, Melrose Avenue, Bletchley, Milton Keynes, MK3MK3 6PA4 Addresses|76 m away
- MK3 7NP, Whaddon Way, Bletchley, Milton Keynes, MK3MK3 7NP6 Addresses|105 m away
- MK3 6PQ, Dorchester Avenue, Bletchley, Milton Keynes, MK3MK3 6PQ46 Addresses|125 m away
- MK3 7FE, Wemyss Close, Bletchley, Milton Keynes, MK3MK3 7FE5 Addresses|132 m away
Property Types
- 9 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (9)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (5)
- No EPC (5)
Top 3 Most Expensive Sales
- Sold Nov 2022£425,000 | 4 Bed House93, Melrose Avenue, Milton Keynes, MK3 6PW93, Melrose Avenue, Milton Keynes, MK3 6PW
- Sold Sep 2021£365,000 | 4 Bed House97, Melrose Avenue, Milton Keynes, MK3 6PW97, Melrose Avenue, Milton Keynes, MK3 6PW
- Sold Sep 2021£355,000 | 4 Bed House101, Melrose Avenue, Milton Keynes, MK3 6PW101, Melrose Avenue, Milton Keynes, MK3 6PW
Schools Nearby
- Abbeys Primary School200 m away
- Cold Harbour Church of England School400 m away
- Barleyhurst Park Primary600 m away
- Lord Grey Academy800 m away
- St Paul's Catholic School2.2 km away
- The Milton Keynes Academy2.5 km away
More reading links
Public Transport Nearby
The closest station to MK3 6PB is Bletchley station, which is 1.5 kilometres away.
- Bletchley|1.5 km away
- Fenny Stratford|2.2 km away
- Milton Keynes Central|3.6 km away
- Bow Brickhill|3.6 km away
