Cherwell House, Derwent Drive - MK3 7BJ
Key Building Insights
Cherwell House, Derwent Drive is a residential building situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 18 addresses.
It ranks as the 176th largest and 23rd most expensive of the 185 buildings in the MK3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 18 properties: 18 flats.
- Ave. Sale Price
- £150,524
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £913pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
Cherwell House, Derwent Drive is a residential building situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 18 addresses.
It ranks as the 176th largest and 23rd most expensive of the 185 buildings in the MK3 area. The most common property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 18 properties: 18 flats.
- Ave. Sale Price
- £150,524
- 10 Year change
- up 14.0%
- Ave. Rental Price
- £913pcm
- 10 Year change
- up 34.0%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Propertieson Derwent Drive, Bletchley, Milton Keynes, MK3
- 1 Cherwell House Derwent Drive
2 Bed Mid-century Flat
- 2 Cherwell House Derwent Drive
2 Bed Mid-century Flat
- 3 Cherwell House Derwent Drive
2 Bed Mid-century Flat
- 4 Cherwell House Derwent Drive
2 Bed Mid-century Flat
- 5 Cherwell House Derwent Drive
2 Bed Mid-century Flat
Sales Market Trends
The last sale in Cherwell House, Derwent Drive sold for £181,500 on 28th March 2025. Since then prices are up an average of 26.0%.
The current average value in the building is £150,524.
The Cherwell House, Derwent Drive Sales Market has increased by 14.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 1.9% | £150,524 |
| June 2025 | 1.4% | £147,735 |
| June 2024 | -0.1% | £145,657 |
| June 2023 | -1.9% | £145,859 |
| June 2022 | 9% | £148,675 |
| June 2021 | 3.7% | £136,392 |
| June 2020 | -2.1% | £131,546 |
| June 2019 | -1.4% | £134,403 |
| June 2018 | -0.5% | £136,352 |
| June 2017 | 3.8% | £136,979 |
| June 2016 | 14.4% | £131,987 |
| June 2015 | 10% | £115,413 |
| June 2014 | 10.2% | £104,943 |
| June 2013 | 2% | £95,211 |
| June 2012 | 0.3% | £93,341 |
| June 2011 | -0.3% | £93,065 |
| June 2010 | 3.6% | £93,350 |
| June 2009 | -11% | £90,102 |
| June 2008 | -3.5% | £101,191 |
| June 2007 | 0% | £104,911 |
Rental Market Trends
The current average rental value in the building is £913.
The Cherwell House, Derwent Drive Rental Market has increased by 34.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 5.9% | £913pcm |
| June 2025 | 3.9% | £862pcm |
| June 2024 | 4.6% | £829pcm |
| June 2023 | 8.8% | £793pcm |
| June 2022 | 7.7% | £729pcm |
| June 2021 | 2.6% | £677pcm |
| June 2020 | -0.7% | £660pcm |
| June 2019 | -0.8% | £665pcm |
| June 2018 | -2.3% | £670pcm |
| June 2017 | 0.6% | £685pcm |
| June 2016 | 6.3% | £682pcm |
| June 2015 | 8% | £641pcm |
| June 2014 | 6.4% | £594pcm |
| June 2013 | 0.5% | £558pcm |
| June 2012 | 1% | £555pcm |
| June 2011 | 1.5% | £550pcm |
| June 2010 | 0.3% | £542pcm |
| June 2009 | -6.6% | £540pcm |
| June 2008 | 3.6% | £578pcm |
| June 2007 | 0% | £558pcm |
Sales History
The last sale was on 28th March 2025 for £181,500 and since then the market in the area has increased by 26.0%. The building has had a total of 2 sales since 1995.
Cherwell House, Derwent Drive, Bletchley, Milton Keynes, MK3 7BJ has seen 1 sale in the last three years and no sales in the last twelve months.
Property Types
- 18 mid-century flats built between 1936 and 1979
- mid-century flat (18)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 18 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (11)
- G (0)
- D (7)
- No EPC (0)
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 School500 m away
- St Thomas Aquinas Catholic Primary School700 m away
- Barleyhurst Park Primary800 m away
- Lord Grey Academy600 m away
- Shenley Brook End School2.5 km away
- Lift Sir Herbert Leon2.8 km away
More reading links
Public Transport Nearby
The closest station to Cherwell House, Derwent Drive, Bletchley, Milton Keynes, MK3 7BJ is Bletchley station, which is 1.6 kilometres away.
- Bletchley|1.6 km away
- Fenny Stratford|2.9 km away
- Milton Keynes Central|4.4 km away
- Bow Brickhill|4.4 km away
