Formby Close - MK3 7RN
Key Street Insights
Formby Close is a residential street with 8 addresses.
It ranks as the 115th largest and 533rd most expensive of the 758 streets in the MK3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £413,651
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,821pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Street Insights
Formby Close is a residential street with 8 addresses.
It ranks as the 115th largest and 533rd most expensive of the 758 streets in the MK3 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £413,651
- 10 Year change
- up 24.9%
- Ave. Rental Price
- £1,821pcm
- 10 Year change
- up 46.6%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertieson Formby Close, Bletchley, Milton Keynes, MK3
- 1 Formby Close
4 Bed Mid-century House
- 2 Formby Close
House
- 3 Formby Close
4 Bed Modern House
- 4 Formby Close
4 Bed House
- 5 Formby Close
House
Sales Market Trends
The last sale on Formby Close sold for £335,000 on 15th March 2021. Since then prices are up an average of 14.5%.
The current average value in the street is £413,651.
The Formby Close Sales Market has increased by 24.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.2% | £413,651 |
| June 2025 | 1.6% | £418,863 |
| June 2024 | -0.8% | £412,310 |
| June 2023 | 0.3% | £415,588 |
| June 2022 | 12.1% | £414,333 |
| June 2021 | 6.5% | £369,526 |
| June 2020 | -1.2% | £347,010 |
| June 2019 | -0.7% | £351,076 |
| June 2018 | 2.3% | £353,693 |
| June 2017 | 4.4% | £345,874 |
| June 2016 | 13.7% | £331,279 |
| June 2015 | 9.3% | £291,357 |
| June 2014 | 10.2% | £266,535 |
| June 2013 | 3.7% | £241,928 |
| June 2012 | 1.4% | £233,242 |
| June 2011 | 2% | £229,916 |
| June 2010 | 8.9% | £225,334 |
| June 2009 | -10.3% | £206,908 |
| June 2008 | -2.9% | £230,767 |
| June 2007 | 0% | £237,680 |
Rental Market Trends
The current average rental value in the street is £1,821.
The Formby Close Rental Market has increased by 46.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,821pcm |
| June 2025 | 4% | £1,773pcm |
| June 2024 | 4% | £1,705pcm |
| June 2023 | 11% | £1,639pcm |
| June 2022 | 10.9% | £1,476pcm |
| June 2021 | 5.5% | £1,332pcm |
| June 2020 | 0.2% | £1,262pcm |
| June 2019 | -0.1% | £1,260pcm |
| June 2018 | 0.4% | £1,261pcm |
| June 2017 | 1.1% | £1,255pcm |
| June 2016 | 5.8% | £1,242pcm |
| June 2015 | 7.4% | £1,174pcm |
| June 2014 | 6.3% | £1,093pcm |
| June 2013 | 2.2% | £1,029pcm |
| June 2012 | 2.1% | £1,007pcm |
| June 2011 | 3.9% | £985pcm |
| June 2010 | 5.4% | £949pcm |
| June 2009 | -5.9% | £900pcm |
| June 2008 | 4.2% | £957pcm |
| June 2007 | 0% | £918pcm |
Sales History
The last sale was on 15th March 2021 for £335,000 and since then the market in the area has increased by 14.5%. The street has had a total of 10 sales since 1995.
Formby Close, Bletchley, Milton Keynes, MK3 has seen no sales in the last three years and no sales in the last twelve months.
- Sold Mar 2021£335,000 | 4 Bed House1, Formby Close, Milton Keynes, MK3 7RN1, Formby Close, Milton Keynes, MK3 7RN
- Sold Oct 2020£390,000 | 4 Bed House8, Formby Close, Milton Keynes, MK3 7RN8, Formby Close, Milton Keynes, MK3 7RN
- Sold Aug 2007£250,000 | 4 Bed House4, Formby Close, Milton Keynes, MK3 7RN4, Formby Close, Milton Keynes, MK3 7RN
- Sold Aug 2006£212,000 | 4 Bed House5, Formby Close, Milton Keynes, MK3 7RN5, Formby Close, Milton Keynes, MK3 7RN
- Sold Oct 2003£202,000 | 4 Bed House4, Formby Close, Milton Keynes, MK3 7RN4, Formby Close, Milton Keynes, MK3 7RN
Top 3 Most Expensive Sales
- Sold Oct 2020£390,000 | 4 Bed House8, Formby Close, Milton Keynes, MK3 7RN8, Formby Close, Milton Keynes, MK3 7RN
- Sold Mar 2021£335,000 | 4 Bed House1, Formby Close, Milton Keynes, MK3 7RN1, Formby Close, Milton Keynes, MK3 7RN
- Sold Aug 2007£250,000 | 4 Bed House4, Formby Close, Milton Keynes, MK3 7RN4, Formby Close, Milton Keynes, MK3 7RN
Nearby Streets
Formby Close, Bletchley, Milton Keynes, MK3 is the 115th largest and the 533rd most expensive street in the MK3 area.
- Turnberry Close, Bletchley, Milton Keynes, MK325 Addresses|116 m away
- Huntingdon Crescent, Bletchley, Milton Keynes, MK339 Addresses|150 m away
- Wincanton Hill, Bletchley, Milton Keynes, MK310 Addresses|180 m away
- Cheltenham Gardens, Bletchley, Milton Keynes, MK327 Addresses|210 m away
- Hoylake Close, Bletchley, Milton Keynes, MK312 Addresses|219 m away
- Thirsk Gardens, Bletchley, Milton Keynes, MK335 Addresses|222 m away
Property Types
- 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 Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- No EPC (5)
Schools Nearby
- Chestnuts Primary School500 m away
- St Thomas Aquinas Catholic Primary School1.0 km away
- Giles Brook Primary School1.4 km away
- Lord Grey Academy1.8 km away
- Shenley Brook End School2.3 km away
- Lift Sir Herbert Leon3.2 km away
More reading links
Public Transport Nearby
The closest station to Formby Close, Bletchley, Milton Keynes, MK3 - MK3 7RN is Bletchley station, which is 2.5 kilometres away.
- Bletchley|2.5 km away
- Fenny Stratford|3.9 km away
- Milton Keynes Central|5.0 km away