Mersey Way - MK3 7PS
Key Postcode Insights
MK3 7PS is a residential postcode situated on Mersey Way, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 516th largest and 554th 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 12 properties: 12 houses.
- Ave. Sale Price
- £338,017
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,675pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Key Postcode Insights
MK3 7PS is a residential postcode situated on Mersey Way, Bletchley, Milton Keynes, MK3 with 12 addresses.
It ranks as the 516th largest and 554th 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 12 properties: 12 houses.
- Ave. Sale Price
- £338,017
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,675pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £361/ft²
- Ave. Gross Yield
- 5.9%/year/yr
Explore Propertiesin MK3 7PS
- 19 Mersey Way
4 Bed Mid-century House
- 21 Mersey Way
Unknown
- 23 Mersey Way
Unknown
- 25 Mersey Way
Unknown
- 27 Mersey Way
Unknown
Sales Market Trends
The last sale in MK3 7PS sold for £272,500 on 19th January 2018. Since then prices are up an average of 21.3%.
The current average value in the postcode is £338,017.
The MK3 7PS Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £338,017 |
| June 2025 | 1.8% | £338,740 |
| June 2024 | -0.1% | £332,852 |
| June 2023 | -0.5% | £333,140 |
| June 2022 | 12.7% | £334,810 |
| June 2021 | 7.1% | £297,046 |
| June 2020 | -1.4% | £277,339 |
| June 2019 | -0.9% | £281,353 |
| June 2018 | 2.1% | £283,977 |
| June 2017 | 4.9% | £278,158 |
| June 2016 | 14.6% | £265,147 |
| June 2015 | 9.7% | £231,331 |
| June 2014 | 10.8% | £210,851 |
| June 2013 | 3.8% | £190,277 |
| June 2012 | 2% | £183,292 |
| June 2011 | 0.9% | £179,732 |
| June 2010 | 7.5% | £178,052 |
| June 2009 | -10.6% | £165,682 |
| June 2008 | -3.6% | £185,392 |
| June 2007 | 0% | £192,243 |
Rental Market Trends
The current average rental value in the postcode is £1,675.
The MK3 7PS Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,675pcm |
| June 2025 | 4.3% | £1,615pcm |
| June 2024 | 4.5% | £1,548pcm |
| June 2023 | 10.5% | £1,481pcm |
| June 2022 | 11.3% | £1,340pcm |
| June 2021 | 5.9% | £1,205pcm |
| June 2020 | 0.1% | £1,138pcm |
| June 2019 | -0.3% | £1,137pcm |
| June 2018 | 0.2% | £1,140pcm |
| June 2017 | 1.7% | £1,138pcm |
| June 2016 | 6.6% | £1,119pcm |
| June 2015 | 7.7% | £1,050pcm |
| June 2014 | 7.1% | £975pcm |
| June 2013 | 2.3% | £911pcm |
| June 2012 | 2.7% | £891pcm |
| June 2011 | 2.7% | £867pcm |
| June 2010 | 4.1% | £844pcm |
| June 2009 | -6.3% | £811pcm |
| June 2008 | 3.6% | £866pcm |
| June 2007 | 0% | £836pcm |
Sales History
The last sale was on 19th January 2018 for £272,500 and since then the market in the area has increased by 21.3%. The postcode has had a total of 10 sales since 1995.
MK3 7PS has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2018£272,500 | 3 Bed House31, Mersey Way, Milton Keynes, MK3 7PS31, Mersey Way, Milton Keynes, MK3 7PS
- Sold Aug 2016£264,950 | 4 Bed House37, Mersey Way, Milton Keynes, MK3 7PS37, Mersey Way, Milton Keynes, MK3 7PS
- Sold May 2016£325,000 | 4 Bed House19, Mersey Way, Milton Keynes, MK3 7PS19, Mersey Way, Milton Keynes, MK3 7PS
- Sold Oct 2012£182,000 | 3 Bed House41, Mersey Way, Milton Keynes, MK3 7PS41, Mersey Way, Milton Keynes, MK3 7PS
- Sold Feb 2012£215,000 | 4 Bed House19, Mersey Way, Milton Keynes, MK3 7PS19, Mersey Way, Milton Keynes, MK3 7PS
Nearby Postcodes
MK3 7PS is the 516th largest and the 554th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7PT, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7PT4 Addresses|43 m away
- MK3 7PR, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7PR3 Addresses|67 m away
- MK3 7PP, Mersey Close, Bletchley, Milton Keynes, MK3MK3 7PP25 Addresses|71 m away
- MK3 7QJ, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7QJ9 Addresses|85 m away
- MK3 7QH, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7QH28 Addresses|87 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 6 other addresses of unknown type
- mid-century house (5)
- house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (3)
- G (0)
- D (2)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Apr 2022£390,000 | 4 Bed House68, Mersey Way, Milton Keynes, MK3 7PR68, Mersey Way, Milton Keynes, MK3 7PR
- Sold Oct 2022£390,000 | 3 Bed House6, Mersey Way, Milton Keynes, MK3 7QH6, Mersey Way, Milton Keynes, MK3 7QH
- Sold Jun 2023£390,000 | 3 Bed House18, Mersey Way, Milton Keynes, MK3 7QH18, Mersey Way, Milton Keynes, MK3 7QH
Schools Nearby
- Barleyhurst Park Primary500 m away
- Rickley Park Primary School800 m away
- Emerson Valley School1.0 km away
- Lord Grey Academy800 m away
- Shenley Brook End School2.0 km away
- St Paul's Catholic School3.0 km away
More reading links
Public Transport Nearby
The closest station to MK3 7PS is Bletchley station, which is 1.9 kilometres away.
- Bletchley|1.9 km away
- Fenny Stratford|3.1 km away
- Milton Keynes Central|3.9 km away
- Bow Brickhill|4.6 km away
