Derwent Drive - MK3 7BG
Key Postcode Insights
MK3 7BG is a residential postcode situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 17 addresses.
It ranks as the 698th largest and 256th 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 17 properties: 13 houses and 4 flats.
- Ave. Sale Price
- £238,761
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 40.4%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
MK3 7BG is a residential postcode situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 17 addresses.
It ranks as the 698th largest and 256th 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 17 properties: 13 houses and 4 flats.
- Ave. Sale Price
- £238,761
- 10 Year change
- up 19.5%
- Ave. Rental Price
- £1,334pcm
- 10 Year change
- up 40.4%
- Ave. £ per ft²
- £337/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Propertiesin MK3 7BG
- 13 Derwent Drive
Unknown
- 15 Derwent Drive
3 Bed Mid-century House
- 17 Derwent Drive
Unknown
- 19 Derwent Drive
2 Bed Mid-century Flat
- 21 Derwent Drive
1 Bed Modern Flat
Sales Market Trends
The last sale in MK3 7BG sold for £230,000 on 4th July 2024. Since then prices are up an average of 2.0%.
The current average value in the postcode is £238,761.
The MK3 7BG Sales Market has increased by 19.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.8% | £238,761 |
| June 2025 | 1.3% | £236,804 |
| June 2024 | 0.2% | £233,718 |
| June 2023 | -1.6% | £233,175 |
| June 2022 | 10.6% | £236,872 |
| June 2021 | 5.3% | £214,167 |
| June 2020 | -1.7% | £203,404 |
| June 2019 | -1.3% | £206,966 |
| June 2018 | 0.7% | £209,708 |
| June 2017 | 4.3% | £208,319 |
| June 2016 | 14.6% | £199,818 |
| June 2015 | 9.8% | £174,288 |
| June 2014 | 10.5% | £158,757 |
| June 2013 | 2.9% | £143,711 |
| June 2012 | 1.1% | £139,615 |
| June 2011 | 0.2% | £138,088 |
| June 2010 | 5.1% | £137,754 |
| June 2009 | -11.2% | £131,091 |
| June 2008 | -4.3% | £147,702 |
| June 2007 | 0% | £154,389 |
Rental Market Trends
The current average rental value in the postcode is £1,334.
The MK3 7BG Rental Market has increased by 40.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.8% | £1,334pcm |
| June 2025 | 3.8% | £1,272pcm |
| June 2024 | 4.9% | £1,225pcm |
| June 2023 | 9.3% | £1,168pcm |
| June 2022 | 9.2% | £1,069pcm |
| June 2021 | 4.1% | £979pcm |
| June 2020 | -0.2% | £940pcm |
| June 2019 | -0.6% | £943pcm |
| June 2018 | -1.2% | £949pcm |
| June 2017 | 1.1% | £960pcm |
| June 2016 | 6.6% | £950pcm |
| June 2015 | 7.7% | £892pcm |
| June 2014 | 6.7% | £827pcm |
| June 2013 | 1.4% | £775pcm |
| June 2012 | 1.8% | £765pcm |
| June 2011 | 2% | £751pcm |
| June 2010 | 1.7% | £736pcm |
| June 2009 | -7% | £724pcm |
| June 2008 | 2.8% | £778pcm |
| June 2007 | 0% | £757pcm |
Sales History
The last sale was on 4th July 2024 for £230,000 and since then the market in the area has increased by 2.0%. The postcode has had a total of 8 sales since 1995.
MK3 7BG has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Jul 2024£230,000 | 2 Bed House29, Derwent Drive, Milton Keynes, MK3 7BG29, Derwent Drive, Milton Keynes, MK3 7BG
- Sold Apr 2021£235,000 | 3 Bed House23, Derwent Drive, Milton Keynes, MK3 7BG23, Derwent Drive, Milton Keynes, MK3 7BG
- Sold Dec 2009£139,000 | 3 Bed House41, Derwent Drive, Milton Keynes, MK3 7BG41, Derwent Drive, Milton Keynes, MK3 7BG
- Sold Mar 2006£110,000 | 2 Bed House29, Derwent Drive, Milton Keynes, MK3 7BG29, Derwent Drive, Milton Keynes, MK3 7BG
- Sold Nov 2003£113,000 | 3 Bed House43, Derwent Drive, Milton Keynes, MK3 7BG43, Derwent Drive, Milton Keynes, MK3 7BG
Nearby Postcodes
MK3 7BG is the 698th largest and the 256th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7BL, Avon Grove, Bletchley, Milton Keynes, MK3MK3 7BL6 Addresses|63 m away
- MK3 7BE, Derwent Drive, Bletchley, Milton Keynes, MK3MK3 7BE8 Addresses|68 m away
- MK3 7BN, Avon Grove, Bletchley, Milton Keynes, MK3MK3 7BN8 Addresses|73 m away
- MK3 7BW, Thames Close, Bletchley, Milton Keynes, MK3MK3 7BW31 Addresses|77 m away
- MK3 7BP, Avon Grove, Bletchley, Milton Keynes, MK3MK3 7BP10 Addresses|113 m away
Property Types
- 1 modern flat built after 1980
- 5 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 8 other addresses of unknown type
- modern flat (1)
- mid-century house (5)
- mid-century flat (2)
- early-century house (1)
- Unknown (8)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (5)
- G (0)
- D (4)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold May 2017£290,000 | 4 Bed House3, Derwent Drive, Milton Keynes, MK3 7BH3, Derwent Drive, Milton Keynes, MK3 7BH
- Sold Feb 2023£290,000 | 3 Bed House36, Derwent Drive, Milton Keynes, MK3 7BQ36, Derwent Drive, Milton Keynes, MK3 7BQ
- Sold May 2017£285,000 | 4 Bed House7, Derwent Drive, Milton Keynes, MK3 7BH7, Derwent Drive, Milton Keynes, MK3 7BH
Schools Nearby
- Rickley Park Primary School600 m away
- St Thomas Aquinas Catholic Primary School700 m away
- Barleyhurst Park Primary800 m away
- Lord Grey Academy700 m away
- Shenley Brook End School2.3 km away
- Lift Sir Herbert Leon2.9 km away
More reading links
Public Transport Nearby
The closest station to MK3 7BG is Bletchley station, which is 1.7 kilometres away.
- Bletchley|1.7 km away
- Fenny Stratford|3.0 km away
- Milton Keynes Central|4.3 km away
- Bow Brickhill|4.5 km away
