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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
MK3 7RNHouse Prices / South East, Milton Keynes, Formby Close
Last updated May 2026
Key Postcode Insights
MK3 7RN is a residential postcode situated on Formby Close, Bletchley, Milton Keynes, MK3 with 8 addresses.
It ranks as the 322nd largest and 921st 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 8 properties: 8 houses.
8
Properties
- Houses
Key Postcode Insights
MK3 7RN is a residential postcode situated on Formby Close, Bletchley, Milton Keynes, MK3 with 8 addresses.
It ranks as the 322nd largest and 921st 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 8 properties: 8 houses.
8
Properties
- Houses
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House Pricesin MK3 7RN
Sale prices range from £402,935 for 4 bedroom freehold houses with a garden (1,054 ft2) to £436,158 for 4 bedroom freehold houses with a garden (1,227 ft2) .
Monthly rental prices range from £1,804 pcm for 4 bed houses to £1,882 pcm for 4 bed houses.
The gross rental yield is between 5.2% and 5.4%.
The average value per square foot is £373.
Average Sale Value
£421,174
Average Rental Value
£1,845 pcm
Average Rental Yield
5.3% /year
Average Value Per Sqft
£373 /ft2
Sales Market Trendsin MK3 7RN
The last sale in MK3 7RN sold for £335,000 on 15th March 2021. Since then prices are up an average of 14.4%.
The current average value in the postcode is £421,174.
The MK3 7RN Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 0% | £421,174 |
| April 2025 | 0.7% | £421,017 |
| April 2024 | -0.3% | £418,172 |
| April 2023 | 1.5% | £419,545 |
| April 2022 | 11.6% | £413,343 |
| April 2021 | 5.2% | £370,394 |
| April 2020 | -2.6% | £352,172 |
| April 2019 | 0.8% | £361,640 |
| April 2018 | 2.4% | £358,831 |
| April 2017 | 6.2% | £350,423 |
| April 2016 | 13.9% | £330,011 |
| April 2015 | 9.2% | £289,812 |
| April 2014 | 9.1% | £265,318 |
| April 2013 | 6.3% | £243,132 |
| April 2012 | 1.8% | £228,771 |
| April 2011 | 0.4% | £224,662 |
| April 2010 | 8.1% | £223,761 |
| April 2009 | -13.7% | £206,967 |
| April 2008 | 1% | £239,907 |
| April 2007 | 0% | £237,557 |
Rental Market Trendsin MK3 7RN
The current average rental value in the postcode is £1,845.
The MK3 7RN Rental Market has increased by 46.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £1,845pcm |
| April 2025 | 3.8% | £1,786pcm |
| April 2024 | 5.3% | £1,720pcm |
| April 2023 | 10.8% | £1,634pcm |
| April 2022 | 9.7% | £1,475pcm |
| April 2021 | 5.2% | £1,344pcm |
| April 2020 | -0.8% | £1,278pcm |
| April 2019 | 0.4% | £1,288pcm |
| April 2018 | 0.2% | £1,283pcm |
| April 2017 | 1.9% | £1,280pcm |
| April 2016 | 7.4% | £1,256pcm |
| April 2015 | 6.4% | £1,169pcm |
| April 2014 | 6.1% | £1,099pcm |
| April 2013 | 4% | £1,036pcm |
| April 2012 | 3.6% | £996pcm |
| April 2011 | 2.9% | £961pcm |
| April 2010 | 2.5% | £934pcm |
| April 2009 | -6.2% | £911pcm |
| April 2008 | 5.3% | £971pcm |
| April 2007 | 0% | £923pcm |
Explore Propertiesin MK3 7RN, Formby Close, Bletchley, Milton Keynes, MK3
- 1, Formby Close, Milton Keynes, MK3 7RN4 bed mid-century house
- 2, Formby Close, Milton Keynes, MK3 7RN
- 3, Formby Close, Milton Keynes, MK3 7RN4 bed modern house
- 4, Formby Close, Milton Keynes, MK3 7RN4 bed house
- 5, Formby Close, Milton Keynes, MK3 7RN
- 6, Formby Close, Milton Keynes, MK3 7RN
- 7, Formby Close, Milton Keynes, MK3 7RN
- 8, Formby Close, Milton Keynes, MK3 7RN4 bed mid-century house
Sales Historyin MK3 7RN
The last sale was on 15th March 2021 for £335,000 and since then the market in the area has increased by 14.4%. The postcode has had a total of 10 sales since 1995.
MK3 7RN has seen no sales in the last three years and no sales in the last twelve months.
Sold Mar 2021£335,000 | 4 Bed HouseFormby Close1, Formby Close, Milton Keynes, MK3 7RN
Sold Oct 2020£390,000 | 4 Bed HouseFormby Close8, Formby Close, Milton Keynes, MK3 7RN
Sold Aug 2007£250,000 | 4 Bed HouseFormby Close4, Formby Close, Milton Keynes, MK3 7RN
Sold Aug 2006£212,000 | 4 Bed HouseFormby Close5, Formby Close, Milton Keynes, MK3 7RN
Sold Oct 2003£202,000 | 4 Bed HouseFormby Close4, Formby Close, Milton Keynes, MK3 7RN
Sold May 2003£207,000 | 4 Bed HouseFormby Close6, Formby Close, Milton Keynes, MK3 7RN
Sold Jun 2001£127,000 | 4 Bed HouseFormby Close3, Formby Close, Milton Keynes, MK3 7RN
Sold Jan 2000£117,500 | 4 Bed HouseFormby Close5, Formby Close, Milton Keynes, MK3 7RN
Sold Nov 1997£88,000 | 4 Bed HouseFormby Close4, Formby Close, Milton Keynes, MK3 7RN
Sold May 1996£78,500 | 4 Bed HouseFormby Close4, Formby Close, Milton Keynes, MK3 7RN
Nearby Postcodesto MK3 7RN
MK3 7RN is the 322nd largest and the 921st most expensive postcode out of the 1,223 postcodes in the MK3 area.
- 51 mMK3 7RJ, Windmill Hill Drive, Bletchley, Milton Keynes, MK3MK3 7RJ26 Addresses
- 83 mMK3 7RR, Windmill Hill Drive, Bletchley, Milton Keynes, MK3MK3 7RR21 Addresses
- 116 mMK3 7RL, Turnberry Close, Bletchley, Milton Keynes, MK3MK3 7RL25 Addresses
- 150 mMK3 5NT, Huntingdon Crescent, Bletchley, Milton Keynes, MK3MK3 5NT39 Addresses
- 163 mMK3 5LJ, Wincanton Hill, Bletchley, Milton Keynes, MK3MK3 5LJ7 Addresses
- 210 mMK3 5NS, Cheltenham Gardens, Bletchley, Milton Keynes, MK3MK3 5NS27 Addresses
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Property Typesin MK3 7RN
- 1 modern house built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (2)
- house (1)
- Unknown (4)
Energy Efficiencyof properties in MK3 7RN
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (5)
Top 3 Most Expensive Saleson Formby Close
Schools Nearbyto MK3 7RN
The nearest primary school to MK3 7RN is Chestnuts Primary School which is 495 metres away.
- 495mChestnuts Primary School
- 1.0kmSt Thomas Aquinas Catholic Primary School
- 1.4kmGiles Brook Primary School
The nearest secondary school is Lord Grey Academy which is 1.8 kilometres away.
- 1.8kmLord Grey Academy
- 2.3kmShenley Brook End School
- 3.2kmLift Sir Herbert Leon
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Public Transport Nearbyto MK3 7RN
The closest station to MK3 7RN is Bletchley station which is 2.5 kilometres away.
- 2.5kmBletchley
- 3.9kmFenny Stratford
- 5.0kmMilton Keynes Central
- 5.5kmBow Brickhill
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