Mersey Way - MK3 7PT
Key Postcode Insights
MK3 7PT is a residential postcode situated on Mersey Way, Bletchley, Milton Keynes, MK3 with 4 addresses.
It ranks as the 141st largest and 587th 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 4 properties: 4 houses.
- Ave. Sale Price
- £332,293
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,682pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
MK3 7PT is a residential postcode situated on Mersey Way, Bletchley, Milton Keynes, MK3 with 4 addresses.
It ranks as the 141st largest and 587th 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 4 properties: 4 houses.
- Ave. Sale Price
- £332,293
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,682pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £350/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Propertiesin MK3 7PT
- 58 Mersey Way
Unknown
- 60 Mersey Way
4 Bed Mid-century House
- 62 Mersey Way
3 Bed Mid-century House
- 64 Mersey Way
Unknown
Sales Market Trends
The last sale in MK3 7PT sold for £325,000 on 21st May 2021. Since then prices are up an average of 14.8%.
The current average value in the postcode is £332,293.
The MK3 7PT Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £332,293 |
| June 2025 | 1.8% | £333,004 |
| June 2024 | -0.1% | £327,216 |
| June 2023 | -0.5% | £327,499 |
| June 2022 | 12.7% | £329,140 |
| June 2021 | 7.1% | £292,017 |
| June 2020 | -1.4% | £272,643 |
| June 2019 | -0.9% | £276,589 |
| June 2018 | 2.1% | £279,169 |
| June 2017 | 4.9% | £273,448 |
| June 2016 | 14.6% | £260,657 |
| June 2015 | 9.7% | £227,414 |
| June 2014 | 10.8% | £207,280 |
| June 2013 | 3.8% | £187,055 |
| June 2012 | 2% | £180,188 |
| June 2011 | 0.9% | £176,688 |
| June 2010 | 7.5% | £175,038 |
| June 2009 | -10.6% | £162,877 |
| June 2008 | -3.6% | £182,252 |
| June 2007 | 0% | £188,987 |
Rental Market Trends
The current average rental value in the postcode is £1,682.
The MK3 7PT Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,682pcm |
| June 2025 | 4.3% | £1,621pcm |
| June 2024 | 4.5% | £1,554pcm |
| June 2023 | 10.5% | £1,487pcm |
| June 2022 | 11.3% | £1,346pcm |
| June 2021 | 5.9% | £1,209pcm |
| June 2020 | 0.1% | £1,142pcm |
| June 2019 | -0.3% | £1,142pcm |
| June 2018 | 0.2% | £1,145pcm |
| June 2017 | 1.7% | £1,142pcm |
| June 2016 | 6.6% | £1,123pcm |
| June 2015 | 7.7% | £1,054pcm |
| June 2014 | 7.1% | £979pcm |
| June 2013 | 2.3% | £915pcm |
| June 2012 | 2.7% | £894pcm |
| June 2011 | 2.7% | £871pcm |
| June 2010 | 4.1% | £848pcm |
| June 2009 | -6.3% | £815pcm |
| June 2008 | 3.6% | £870pcm |
| June 2007 | 0% | £839pcm |
Sales History
The last sale was on 21st May 2021 for £325,000 and since then the market in the area has increased by 14.8%. The postcode has had a total of 7 sales since 1995.
MK3 7PT has seen no sales in the last three years and no sales in the last twelve months.
- Sold May 2021£325,000 | 4 Bed House60, Mersey Way, Milton Keynes, MK3 7PT60, Mersey Way, Milton Keynes, MK3 7PT
- Sold Aug 2018£275,000 | 3 Bed House62, Mersey Way, Milton Keynes, MK3 7PT62, Mersey Way, Milton Keynes, MK3 7PT
- Sold Dec 2012£167,500 | 3 Bed House62, Mersey Way, Milton Keynes, MK3 7PT62, Mersey Way, Milton Keynes, MK3 7PT
- Sold Aug 2011£166,000 | 4 Bed House60, Mersey Way, Milton Keynes, MK3 7PT60, Mersey Way, Milton Keynes, MK3 7PT
- Sold Sep 2004£194,000 | 4 Bed House58, Mersey Way, Milton Keynes, MK3 7PT58, Mersey Way, Milton Keynes, MK3 7PT
Nearby Postcodes
MK3 7PT is the 141st largest and the 587th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7PS, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7PS12 Addresses|43 m away
- MK3 7PX, The Don, Bletchley, Milton Keynes, MK3MK3 7PX28 Addresses|63 m away
- MK3 7QH, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7QH28 Addresses|77 m away
- MK3 7PR, Mersey Way, Bletchley, Milton Keynes, MK3MK3 7PR3 Addresses|91 m away
- MK3 7QR, Tweed Drive, Bletchley, Milton Keynes, MK3MK3 7QR39 Addresses|96 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (2)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
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 Primary600 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 7PT 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
