Severn Way - MK3 7PY
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 489th 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
- £323,470
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,697pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 6.3%/year/yr
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 489th 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
- £323,470
- 10 Year change
- up 27.5%
- Ave. Rental Price
- £1,697pcm
- 10 Year change
- up 49.8%
- Ave. £ per ft²
- £323/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Propertiesin MK3 7PY
- 2 Severn Way
Unknown
- 4 Severn Way
Unknown
- 6 Severn Way
3 Bed Mid-century House
- 8 Severn Way
4 Bed Mid-century House
Sales Market Trends
The last sale in MK3 7PY sold for £237,000 on 11th March 2016. Since then prices are up an average of 32.4%.
The current average value in the postcode is £323,470.
The MK3 7PY Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -0.2% | £323,470 |
| June 2025 | 1.8% | £324,163 |
| June 2024 | -0.1% | £318,528 |
| June 2023 | -0.5% | £318,803 |
| June 2022 | 12.7% | £320,401 |
| June 2021 | 7.1% | £284,263 |
| June 2020 | -1.4% | £265,404 |
| June 2019 | -0.9% | £269,246 |
| June 2018 | 2.1% | £271,757 |
| June 2017 | 4.9% | £266,187 |
| June 2016 | 14.6% | £253,737 |
| June 2015 | 9.7% | £221,376 |
| June 2014 | 10.8% | £201,777 |
| June 2013 | 3.8% | £182,088 |
| June 2012 | 2% | £175,404 |
| June 2011 | 0.9% | £171,997 |
| June 2010 | 7.5% | £170,390 |
| June 2009 | -10.6% | £158,552 |
| June 2008 | -3.6% | £177,413 |
| June 2007 | 0% | £183,970 |
Rental Market Trends
The current average rental value in the postcode is £1,697.
The MK3 7PY Rental Market has increased by 49.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,697pcm |
| June 2025 | 4.3% | £1,636pcm |
| June 2024 | 4.5% | £1,568pcm |
| June 2023 | 10.5% | £1,500pcm |
| June 2022 | 11.3% | £1,358pcm |
| June 2021 | 5.9% | £1,220pcm |
| June 2020 | 0.1% | £1,153pcm |
| June 2019 | -0.3% | £1,152pcm |
| June 2018 | 0.2% | £1,155pcm |
| June 2017 | 1.7% | £1,153pcm |
| June 2016 | 6.6% | £1,133pcm |
| June 2015 | 7.7% | £1,064pcm |
| June 2014 | 7.1% | £988pcm |
| June 2013 | 2.3% | £923pcm |
| June 2012 | 2.7% | £902pcm |
| June 2011 | 2.7% | £879pcm |
| June 2010 | 4.1% | £855pcm |
| June 2009 | -6.3% | £822pcm |
| June 2008 | 3.6% | £877pcm |
| June 2007 | 0% | £847pcm |
Sales History
The last sale was on 11th March 2016 for £237,000 and since then the market in the area has increased by 32.4%. 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 House6, Severn Way, Milton Keynes, MK3 7PY6, Severn Way, Milton Keynes, MK3 7PY
- Sold Sep 2001£102,000 | 4 Bed House8, Severn Way, Milton Keynes, MK3 7PY8, Severn Way, Milton Keynes, MK3 7PY
- Sold Apr 2001£100,000 | 3 Bed House6, Severn Way, Milton Keynes, MK3 7PY6, Severn Way, Milton Keynes, MK3 7PY
- Sold May 1999£72,500 | 3 Bed House6, Severn Way, Milton Keynes, MK3 7PY6, Severn Way, Milton Keynes, MK3 7PY
- Sold Jun 1998£67,000 | 4 Bed House8, Severn Way, Milton Keynes, MK3 7PY8, Severn Way, Milton Keynes, MK3 7PY
Nearby Postcodes
MK3 7PY is the 142nd largest and the 489th most expensive postcode out of the 1,223 postcodes in the MK3 area.
- MK3 7PZ, Severn Way, Bletchley, Milton Keynes, MK3MK3 7PZ11 Addresses|46 m away
- MK3 7PX, The Don, Bletchley, Milton Keynes, MK3MK3 7PX28 Addresses|62 m away
- MK3 7PU, Tees Way, Bletchley, Milton Keynes, MK3MK3 7PU18 Addresses|80 m away
- MK3 7QA, Tyne Square, Bletchley, Milton Keynes, MK3MK3 7QA24 Addresses|106 m away
- MK3 7QQ, Severn Way, Bletchley, Milton Keynes, MK3MK3 7QQ39 Addresses|116 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 Aug 2022£420,000 | 4 Bed House22, Severn Way, Milton Keynes, MK3 7QQ22, Severn Way, Milton Keynes, MK3 7QQ
- Sold Mar 2023£420,000 | 4 Bed House162, Severn Way, Milton Keynes, MK3 7QB162, Severn Way, Milton Keynes, MK3 7QB
- Sold Aug 2025£405,000 | 3 Bed House109, Severn Way, Milton Keynes, MK3 7QE109, Severn Way, Milton Keynes, MK3 7QE
Schools Nearby
- Barleyhurst Park Primary700 m away
- Rickley Park Primary School900 m away
- Howe Park School1.0 km away
- Lord Grey Academy900 m away
- Shenley Brook End School2.0 km away
- St Paul's Catholic School3.1 km away
More reading links
Public Transport Nearby
The closest station to MK3 7PY is Bletchley station, which is 2.0 kilometres away.
- Bletchley|2.0 km away
- Fenny Stratford|3.2 km away
- Milton Keynes Central|3.9 km away
- Bow Brickhill|4.7 km away
