MK3 7BW is a residential postcode situated on Thames Close, Bletchley, Milton Keynes, MK3 with 31 addresses.
It ranks as the 1027th largest and 231st most expensive of the 1,223 postcodes in the MK3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 25 houses and 6 flats.
MK3 7BW is a residential postcode situated on Thames Close, Bletchley, Milton Keynes, MK3 with 31 addresses.
It ranks as the 1027th largest and 231st most expensive of the 1,223 postcodes in the MK3 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 31 properties: 25 houses and 6 flats.
Sale prices range from £160,211 for 2 bedroom leasehold flats (699 ft2) to £292,016 for 3 bedroom freehold houses with a garden (1,033 ft2) .
Monthly rental prices range from £928 pcm for 2 bed flats to £1,526 pcm for 3 bed houses.
The gross rental yield is between 6.3% and 7.0%.
The average value per square foot is £311.
The last sale in MK3 7BW sold for £205,000 on 24th August 2021. Since then prices are up an average of 11.0%.
The current average value in the postcode is £240,830.
The MK3 7BW Sales Market has increased by 22.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0.8% | £240,830 |
| April 2025 | 0.7% | £238,835 |
| April 2024 | 0.3% | £237,253 |
| April 2023 | -0.4% | £236,498 |
| April 2022 | 10.6% | £237,441 |
| April 2021 | 4.6% | £214,672 |
| April 2020 | -2.8% | £205,216 |
| April 2019 | 0% | £211,102 |
| April 2018 | 1.3% | £211,022 |
| April 2017 | 5.7% | £208,248 |
| April 2016 | 14.8% | £196,969 |
| April 2015 | 9.8% | £171,647 |
| April 2014 | 9.2% | £156,388 |
| April 2013 | 3.7% | £143,199 |
| April 2012 | 0% | £138,069 |
| April 2011 | -0.1% | £138,049 |
| April 2010 | 6.1% | £138,174 |
| April 2009 | -13.7% | £130,225 |
| April 2008 | -1.3% | £150,967 |
| April 2007 | 0% | £152,889 |
The current average rental value in the postcode is £1,328.
The MK3 7BW Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.2% | £1,328pcm |
| April 2025 | 4% | £1,275pcm |
| April 2024 | 5.7% | £1,227pcm |
| April 2023 | 9.1% | £1,161pcm |
| April 2022 | 8.7% | £1,064pcm |
| April 2021 | 4.4% | £979pcm |
| April 2020 | -0.9% | £938pcm |
| April 2019 | -0.3% | £946pcm |
| April 2018 | -0.9% | £949pcm |
| April 2017 | 1.6% | £958pcm |
| April 2016 | 8.2% | £944pcm |
| April 2015 | 6.9% | £872pcm |
| April 2014 | 6.3% | £815pcm |
| April 2013 | 1.4% | £767pcm |
| April 2012 | 1.9% | £757pcm |
| April 2011 | 2.4% | £743pcm |
| April 2010 | 0.7% | £725pcm |
| April 2009 | -6.3% | £721pcm |
| April 2008 | 3% | £769pcm |
| April 2007 | 0% | £747pcm |
The last sale was on 24th August 2021 for £205,000 and since then the market in the area has increased by 11.0%. The postcode has had a total of 27 sales since 1995.
MK3 7BW has seen no sales in the last three years and no sales in the last twelve months.
MK3 7BW is the 1027th largest and the 231st most expensive postcode out of the 1,223 postcodes in the MK3 area.
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The recent census recorded whether a resident owned or rented their home.
In the area around MK3 7BW, 39.2% of property is privately owned with a mortgage and 27.5% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK3 7BW, 17.1% of residents are recorded as possessing school level qualifications and 15.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK3 7BW, the average age was 41.5 and the most common age was 7.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK3 7BW, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK3 7BW, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.