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Registered Address: 2 Leman St, London E1 8FA
MK3 7PYHouse Prices / South East, Milton Keynes, Severn Way
Last updated May 2026
Key Postcode Insights
MK3 7PY is a residential postcode situated on Severn Way, Bletchley, Milton Keynes, MK3 with 4 addresses.
It ranks as the 142nd largest and 484th 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 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
MK3 7PY is a residential postcode situated on Severn Way, Bletchley, Milton Keynes, MK3 with 4 addresses.
It ranks as the 142nd largest and 484th 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 4 properties: 4 houses.
4
Properties
- Houses
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House Pricesin MK3 7PY
Sale prices range from £311,595 for 3 bedroom freehold houses with a garden (968 ft2) to £315,086 for 3 bedroom freehold houses with a garden (990 ft2) .
Monthly rental prices range from £1,650 pcm for 3 bed houses to £1,661 pcm for 3 bed houses.
The gross rental yield is between 6.3% and 6.4%.
The average value per square foot is £322.
Average Sale Value
£312,468
Average Rental Value
£1,653 pcm
Average Rental Yield
6.3% /year
Average Value Per Sqft
£322 /ft2
Sales Market Trendsin MK3 7PY
The last sale in MK3 7PY sold for £237,000 on 11th March 2016. Since then prices are up an average of 32.8%.
The current average value in the postcode is £312,468.
The MK3 7PY Sales Market has increased by 31.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 1.2% | £312,468 |
| April 2025 | 1.1% | £308,686 |
| April 2024 | 0.3% | £305,448 |
| April 2023 | 0.5% | £304,634 |
| April 2022 | 12.9% | £303,056 |
| April 2021 | 6% | £268,547 |
| April 2020 | -2.9% | £253,399 |
| April 2019 | 0.5% | £261,050 |
| April 2018 | 2.4% | £259,704 |
| April 2017 | 6.5% | £253,537 |
| April 2016 | 15% | £238,001 |
| April 2015 | 10.1% | £207,043 |
| April 2014 | 10.1% | £188,052 |
| April 2013 | 5% | £170,733 |
| April 2012 | 0.8% | £162,537 |
| April 2011 | -0.4% | £161,241 |
| April 2010 | 7.5% | £161,938 |
| April 2009 | -13.6% | £150,667 |
| April 2008 | -0.9% | £174,460 |
| April 2007 | 0% | £176,034 |
Rental Market Trendsin MK3 7PY
The current average rental value in the postcode is £1,653.
The MK3 7PY Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,653pcm |
| April 2025 | 4.4% | £1,581pcm |
| April 2024 | 5.6% | £1,514pcm |
| April 2023 | 10.1% | £1,434pcm |
| April 2022 | 10.9% | £1,303pcm |
| April 2021 | 5.8% | £1,175pcm |
| April 2020 | -1% | £1,111pcm |
| April 2019 | 0.2% | £1,122pcm |
| April 2018 | 0.1% | £1,120pcm |
| April 2017 | 2.3% | £1,119pcm |
| April 2016 | 8.4% | £1,093pcm |
| April 2015 | 7.2% | £1,008pcm |
| April 2014 | 7.2% | £940pcm |
| April 2013 | 2.7% | £877pcm |
| April 2012 | 2.7% | £854pcm |
| April 2011 | 2% | £832pcm |
| April 2010 | 2% | £815pcm |
| April 2009 | -6.2% | £799pcm |
| April 2008 | 3.4% | £853pcm |
| April 2007 | 0% | £825pcm |
Explore Propertiesin MK3 7PY, Severn Way, Bletchley, Milton Keynes, MK3
Sales Historyin MK3 7PY
The last sale was on 11th March 2016 for £237,000 and since then the market in the area has increased by 32.8%. The postcode has had a total of 5 sales since 1995.
MK3 7PY has seen no sales in the last three years and no sales in the last twelve months.
Sold Mar 2016£237,000 | 3 Bed HouseSevern Way6, Severn Way, Milton Keynes, MK3 7PY
Sold Sep 2001£102,000 | 3 Bed HouseSevern Way8, Severn Way, Milton Keynes, MK3 7PY
Sold Apr 2001£100,000 | 3 Bed HouseSevern Way6, Severn Way, Milton Keynes, MK3 7PY
Sold May 1999£72,500 | 3 Bed HouseSevern Way6, Severn Way, Milton Keynes, MK3 7PY
Sold Jun 1998£67,000 | 3 Bed HouseSevern Way8, Severn Way, Milton Keynes, MK3 7PY
Nearby Postcodesto MK3 7PY
MK3 7PY is the 142nd largest and the 484th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- 46 mMK3 7PZ, Severn Way, Bletchley, Milton Keynes, MK3MK3 7PZ11 Addresses
- 62 mMK3 7PX, The Don, Bletchley, Milton Keynes, MK3MK3 7PX28 Addresses
- 80 mMK3 7PU, Tees Way, Bletchley, Milton Keynes, MK3MK3 7PU18 Addresses
- 106 mMK3 7QA, Tyne Square, Bletchley, Milton Keynes, MK3MK3 7QA24 Addresses
- 116 mMK3 7QQ, Severn Way, Bletchley, Milton Keynes, MK3MK3 7QQ39 Addresses
- 117 mMK3 7PW, Esk Way, Bletchley, Milton Keynes, MK3MK3 7PW20 Addresses
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Property Typesin MK3 7PY
- 1 mid-century house built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century house (1)
- Unknown (3)
Energy Efficiencyof properties in MK3 7PY
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
Schools Nearbyto MK3 7PY
The nearest primary school to MK3 7PY is Barleyhurst Park Primary which is 701 metres away.
- 701mBarleyhurst Park Primary
- 884mRickley Park Primary School
- 1.0kmHowe Park School
The nearest secondary school is Lord Grey Academy which is 918 metres away.
- 918mLord Grey Academy
- 2.0kmShenley Brook End School
- 3.1kmSt Paul's Catholic School
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Public Transport Nearbyto MK3 7PY
The closest station to MK3 7PY is Bletchley station which is 2.0 kilometres away.
- 2.0kmBletchley
- 3.2kmFenny Stratford
- 3.9kmMilton Keynes Central
- 4.7kmBow Brickhill
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