Melrose Avenue - MK3 6PT
Key Postcode Insights
MK3 6PT is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 11 addresses.
It ranks as the 461st largest and 299th 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 11 properties: 11 houses.
- Ave. Sale Price
- £288,896
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
MK3 6PT is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 11 addresses.
It ranks as the 461st largest and 299th 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 11 properties: 11 houses.
- Ave. Sale Price
- £288,896
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,536pcm
- 10 Year change
- up 48.1%
- Ave. £ per ft²
- £328/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin MK3 6PT
- 41 Melrose Avenue
3 Bed Mid-century House
- 43 Melrose Avenue
3 Bed Mid-century House
- 45 Melrose Avenue
3 Bed Mid-century House
- 47 Melrose Avenue
4 Bed Mid-century House
- 49 Melrose Avenue
3 Bed Mid-century House
Sales Market Trends
The last sale in MK3 6PT sold for £255,000 on 9th November 2018. Since then prices are up an average of 17.5%.
The current average value in the postcode is £288,896.
The MK3 6PT Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.3% | £288,896 |
| June 2025 | 1.4% | £289,665 |
| June 2024 | -1.1% | £285,783 |
| June 2023 | 1% | £288,908 |
| June 2022 | 11.4% | £286,042 |
| June 2021 | 5.7% | £256,731 |
| June 2020 | -0.8% | £242,793 |
| June 2019 | -1.2% | £244,638 |
| June 2018 | 2.5% | £247,526 |
| June 2017 | 5.4% | £241,551 |
| June 2016 | 14.5% | £229,207 |
| June 2015 | 9.3% | £200,151 |
| June 2014 | 11.4% | £183,082 |
| June 2013 | 3.6% | £164,346 |
| June 2012 | 1.8% | £158,684 |
| June 2011 | 0.6% | £155,907 |
| June 2010 | 7.8% | £154,986 |
| June 2009 | -11.5% | £143,818 |
| June 2008 | -3.2% | £162,452 |
| June 2007 | 0% | £167,863 |
Rental Market Trends
The current average rental value in the postcode is £1,536.
The MK3 6PT Rental Market has increased by 48.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,536pcm |
| June 2025 | 3.4% | £1,482pcm |
| June 2024 | 4.9% | £1,433pcm |
| June 2023 | 10.2% | £1,366pcm |
| June 2022 | 11.1% | £1,239pcm |
| June 2021 | 5.4% | £1,116pcm |
| June 2020 | 0.3% | £1,058pcm |
| June 2019 | -0.3% | £1,055pcm |
| June 2018 | 0.9% | £1,058pcm |
| June 2017 | 1.1% | £1,049pcm |
| June 2016 | 6.7% | £1,038pcm |
| June 2015 | 8.3% | £972pcm |
| June 2014 | 6.1% | £898pcm |
| June 2013 | 2.6% | £846pcm |
| June 2012 | 2.4% | £825pcm |
| June 2011 | 2.8% | £805pcm |
| June 2010 | 4.4% | £783pcm |
| June 2009 | -6.5% | £750pcm |
| June 2008 | 3.6% | £803pcm |
| June 2007 | 0% | £774pcm |
Sales History
The last sale was on 9th November 2018 for £255,000 and since then the market in the area has increased by 17.5%. The postcode has had a total of 9 sales since 1995.
MK3 6PT has seen no sales in the last three years and no sales in the last twelve months.
- Sold Nov 2018£255,000 | 3 Bed House41, Melrose Avenue, Milton Keynes, MK3 6PT41, Melrose Avenue, Milton Keynes, MK3 6PT
- Sold Jan 2018£335,000 | 4 Bed House61, Melrose Avenue, Milton Keynes, MK3 6PT61, Melrose Avenue, Milton Keynes, MK3 6PT
- Sold May 2009£140,000 | 3 Bed House41, Melrose Avenue, Milton Keynes, MK3 6PT41, Melrose Avenue, Milton Keynes, MK3 6PT
- Sold Sep 2006£149,000 | 3 Bed House49, Melrose Avenue, Milton Keynes, MK3 6PT49, Melrose Avenue, Milton Keynes, MK3 6PT
- Sold Feb 2001£79,500 | 3 Bed House49, Melrose Avenue, Milton Keynes, MK3 6PT49, Melrose Avenue, Milton Keynes, MK3 6PT
Nearby Postcodes
MK3 6PT is the 461st largest and the 299th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 6PS, Melrose Avenue, Bletchley, Milton Keynes, MK3MK3 6PS6 Addresses|45 m away
- MK3 6JR, Whalley Drive, Bletchley, Milton Keynes, MK3MK3 6JR2 Addresses|80 m away
- MK3 6PN, Whalley Drive, Bletchley, Milton Keynes, MK3MK3 6PN9 Addresses|91 m away
- MK3 6JP, Banburies Close, Bletchley, Milton Keynes, MK3MK3 6JP13 Addresses|93 m away
- MK3 6PQ, Dorchester Avenue, Bletchley, Milton Keynes, MK3MK3 6PQ46 Addresses|104 m away
Property Types
- 10 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- mid-century house (10)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (1)
- F (0)
- C (2)
- G (0)
- D (7)
- No EPC (1)
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 School100 m away
- Cold Harbour Church of England School500 m away
- Barleyhurst Park Primary800 m away
- Lord Grey Academy1.0 km away
- St Paul's Catholic School2.2 km away
- The Milton Keynes Academy2.4 km away
More reading links
Public Transport Nearby
The closest station to MK3 6PT is Bletchley station, which is 1.5 kilometres away.
- Bletchley|1.5 km away
- Fenny Stratford|2.1 km away
- Bow Brickhill|3.5 km away
- Milton Keynes Central|3.6 km away
