Melrose Avenue - MK3 6PW
Key Postcode Insights
MK3 6PW is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 27 addresses.
It ranks as the 964th largest and 695th 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 27 properties: 27 houses.
- Ave. Sale Price
- £350,219
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
MK3 6PW is a residential postcode situated on Melrose Avenue, Bletchley, Milton Keynes, MK3 with 27 addresses.
It ranks as the 964th largest and 695th 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 27 properties: 27 houses.
- Ave. Sale Price
- £350,219
- 10 Year change
- up 25.3%
- Ave. Rental Price
- £1,686pcm
- 10 Year change
- up 47.1%
- Ave. £ per ft²
- £349/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Propertiesin MK3 6PW
- 63 Melrose Avenue
3 Bed Mid-century House
- 65 Melrose Avenue
Unknown
- 67 Melrose Avenue
Unknown
- 69 Melrose Avenue
Unknown
- 71 Melrose Avenue
4 Bed House
Sales Market Trends
The last sale in MK3 6PW sold for £315,000 on 13th October 2023. Since then prices are up an average of 0.9%.
The current average value in the postcode is £350,219.
The MK3 6PW Sales Market has increased by 25.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.6% | £350,219 |
| June 2025 | 1.2% | £352,478 |
| June 2024 | -1.2% | £348,397 |
| June 2023 | 1.1% | £352,751 |
| June 2022 | 11.2% | £348,771 |
| June 2021 | 5.8% | £313,548 |
| June 2020 | -0.6% | £296,303 |
| June 2019 | -1.2% | £298,153 |
| June 2018 | 2.5% | £301,698 |
| June 2017 | 5.2% | £294,198 |
| June 2016 | 14% | £279,587 |
| June 2015 | 9.1% | £245,304 |
| June 2014 | 11.2% | £224,883 |
| June 2013 | 3.4% | £202,298 |
| June 2012 | 1.6% | £195,563 |
| June 2011 | 1.3% | £192,431 |
| June 2010 | 8.3% | £189,965 |
| June 2009 | -11.1% | £175,460 |
| June 2008 | -3.2% | £197,286 |
| June 2007 | 0% | £203,748 |
Rental Market Trends
The current average rental value in the postcode is £1,686.
The MK3 6PW Rental Market has increased by 47.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,686pcm |
| June 2025 | 3.2% | £1,632pcm |
| June 2024 | 4.8% | £1,581pcm |
| June 2023 | 10.4% | £1,509pcm |
| June 2022 | 10.9% | £1,367pcm |
| June 2021 | 5.5% | £1,233pcm |
| June 2020 | 0.5% | £1,169pcm |
| June 2019 | -0.3% | £1,164pcm |
| June 2018 | 0.9% | £1,167pcm |
| June 2017 | 0.9% | £1,156pcm |
| June 2016 | 6.2% | £1,146pcm |
| June 2015 | 8% | £1,078pcm |
| June 2014 | 5.9% | £998pcm |
| June 2013 | 2.5% | £943pcm |
| June 2012 | 2.3% | £920pcm |
| June 2011 | 3.6% | £900pcm |
| June 2010 | 4.9% | £869pcm |
| June 2009 | -6.1% | £828pcm |
| June 2008 | 3.7% | £882pcm |
| June 2007 | 0% | £851pcm |
Sales History
The last sale was on 13th October 2023 for £315,000 and since then the market in the area has increased by 0.9%. The postcode has had a total of 34 sales since 1995.
MK3 6PW has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Oct 2023£315,000 | 3 Bed House115, Melrose Avenue, Milton Keynes, MK3 6PW115, Melrose Avenue, Milton Keynes, MK3 6PW
- Sold Nov 2022£425,000 | 4 Bed House93, Melrose Avenue, Milton Keynes, MK3 6PW93, 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
- Sold Sep 2021£365,000 | 4 Bed House97, Melrose Avenue, Milton Keynes, MK3 6PW97, Melrose Avenue, Milton Keynes, MK3 6PW
- Sold Jun 2021£300,000 | 3 Bed House115, Melrose Avenue, Milton Keynes, MK3 6PW115, Melrose Avenue, Milton Keynes, MK3 6PW
Nearby Postcodes
MK3 6PW is the 964th largest and the 695th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 6PZ, Lintlaw Place, Bletchley, Milton Keynes, MK3MK3 6PZ10 Addresses|55 m away
- MK3 6PP, Melrose Avenue, Bletchley, Milton Keynes, MK3MK3 6PP16 Addresses|60 m away
- MK3 6QL, Calluna Drive, Bletchley, Milton Keynes, MK3MK3 6QL5 Addresses|82 m away
- MK3 6QB, Greenlaw Place, Bletchley, Milton Keynes, MK3MK3 6QB17 Addresses|96 m away
- MK3 6PY, Kerria Place, Bletchley, Milton Keynes, MK3MK3 6PY15 Addresses|103 m away
Property Types
- 1 modern house built after 1980
- 14 mid-century houses built between 1936 and 1979
- 2 houses of an unknown age
- 10 other addresses of unknown type
- modern house (1)
- mid-century house (14)
- house (2)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (1)
- C (5)
- G (0)
- D (7)
- No EPC (12)
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 School300 m away
- Cold Harbour Church of England School500 m away
- Barleyhurst Park Primary1.0 km away
- Lord Grey Academy1.2 km away
- St Paul's Catholic School2.0 km away
- The Milton Keynes Academy2.2 km away
More reading links
Public Transport Nearby
The closest station to MK3 6PW is Bletchley station, which is 1.6 kilometres away.
- Bletchley|1.6 km away
- Fenny Stratford|2.1 km away
- Bow Brickhill|3.4 km away
- Milton Keynes Central|3.5 km away
