Derwent Drive - MK3 7BQ
Key Postcode Insights
MK3 7BQ is a residential postcode situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 26 addresses.
It ranks as the 945th largest and 352nd 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 26 properties: 26 houses.
- Ave. Sale Price
- £280,071
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,513pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
MK3 7BQ is a residential postcode situated on Derwent Drive, Bletchley, Milton Keynes, MK3 with 26 addresses.
It ranks as the 945th largest and 352nd 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 26 properties: 26 houses.
- Ave. Sale Price
- £280,071
- 10 Year change
- up 28.8%
- Ave. Rental Price
- £1,513pcm
- 10 Year change
- up 51.3%
- Ave. £ per ft²
- £333/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin MK3 7BQ
- 2A Derwent Drive
3 Bed Modern House
- 2 Derwent Drive
3 Bed Mid-century House
- 4 Derwent Drive
3 Bed Mid-century House
- 6 Derwent Drive
3 Bed Mid-century House
- 8 Derwent Drive
3 Bed Mid-century House
Sales Market Trends
The last sale in MK3 7BQ sold for £290,000 on 13th February 2023. Since then prices are up an average of 2.6%.
The current average value in the postcode is £280,071.
The MK3 7BQ Sales Market has increased by 28.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 0.3% | £280,071 |
| June 2025 | 1.8% | £279,164 |
| June 2024 | 0.2% | £274,209 |
| June 2023 | -0.7% | £273,754 |
| June 2022 | 12.8% | £275,616 |
| June 2021 | 7.2% | £244,341 |
| June 2020 | -1.4% | £227,835 |
| June 2019 | -1.1% | £231,061 |
| June 2018 | 2.1% | £233,528 |
| June 2017 | 5.3% | £228,800 |
| June 2016 | 14.9% | £217,380 |
| June 2015 | 9.9% | £189,112 |
| June 2014 | 11.2% | £172,120 |
| June 2013 | 3.8% | £154,778 |
| June 2012 | 2.3% | £149,103 |
| June 2011 | 0.5% | £145,813 |
| June 2010 | 6.8% | £145,150 |
| June 2009 | -10.8% | £135,865 |
| June 2008 | -3.9% | £152,343 |
| June 2007 | 0% | £158,593 |
Rental Market Trends
The current average rental value in the postcode is £1,513.
The MK3 7BQ Rental Market has increased by 51.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.3% | £1,513pcm |
| June 2025 | 4.3% | £1,450pcm |
| June 2024 | 4.9% | £1,390pcm |
| June 2023 | 10.2% | £1,326pcm |
| June 2022 | 11.4% | £1,203pcm |
| June 2021 | 6.1% | £1,080pcm |
| June 2020 | 0.1% | £1,018pcm |
| June 2019 | -0.4% | £1,017pcm |
| June 2018 | 0.2% | £1,021pcm |
| June 2017 | 2% | £1,019pcm |
| June 2016 | 6.9% | £1,000pcm |
| June 2015 | 7.9% | £935pcm |
| June 2014 | 7.4% | £867pcm |
| June 2013 | 2.3% | £808pcm |
| June 2012 | 3% | £790pcm |
| June 2011 | 2.3% | £767pcm |
| June 2010 | 3.4% | £750pcm |
| June 2009 | -6.5% | £725pcm |
| June 2008 | 3.2% | £775pcm |
| June 2007 | 0% | £751pcm |
Sales History
The last sale was on 13th February 2023 for £290,000 and since then the market in the area has increased by 2.6%. The postcode has had a total of 31 sales since 1995.
MK3 7BQ has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Feb 2023£290,000 | 3 Bed House36, Derwent Drive, Milton Keynes, MK3 7BQ36, Derwent Drive, Milton Keynes, MK3 7BQ
- Sold Aug 2022£245,000 | 3 Bed House8, Derwent Drive, Milton Keynes, MK3 7BQ8, Derwent Drive, Milton Keynes, MK3 7BQ
- Sold Mar 2021£197,000 | 3 Bed House28, Derwent Drive, Milton Keynes, MK3 7BQ28, Derwent Drive, Milton Keynes, MK3 7BQ
- Sold Jul 2020£242,000 | 3 Bed House2, Derwent Drive, Milton Keynes, MK3 7BQ2, Derwent Drive, Milton Keynes, MK3 7BQ
- Sold Jul 2020£260,000 | 3 Bed House42, Derwent Drive, Milton Keynes, MK3 7BQ42, Derwent Drive, Milton Keynes, MK3 7BQ
Nearby Postcodes
MK3 7BQ is the 945th largest and the 352nd most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7BJ, Derwent Drive, Bletchley, Milton Keynes, MK3MK3 7BJ18 Addresses|35 m away
- MK3 7AY, Stour Close, Bletchley, Milton Keynes, MK3MK3 7AY18 Addresses|53 m away
- MK3 7BH, Derwent Drive, Bletchley, Milton Keynes, MK3MK3 7BH7 Addresses|64 m away
- MK3 7BL, Avon Grove, Bletchley, Milton Keynes, MK3MK3 7BL6 Addresses|93 m away
- MK3 7DZ, Whaddon Way, Bletchley, Milton Keynes, MK3MK3 7DZ19 Addresses|123 m away
Property Types
- 1 modern house built after 1980
- 21 mid-century houses built between 1936 and 1979
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (21)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 22 properties.
- The most common rating is D.
- A (1)
- E (0)
- B (0)
- F (0)
- C (7)
- G (0)
- D (14)
- No EPC (4)
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 MK3 7BQ is Bletchley station, which is 1.5 kilometres away.
- Bletchley|1.5 km away
- Fenny Stratford|2.8 km away
- Milton Keynes Central|4.4 km away
- Bow Brickhill|4.4 km away
