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House Prices in MK3

The average house price in MK3 (Milton Keynes) is £386,500 using HM Land Registry data.

The average property price increased by £39,085 (12.86%) over the last 5 years and increased by £7,814 (2.33%) over the last 12 months.

Over the last year, there were 267 residential property sales – a decrease of 90 transactions (-33.71%) relative to the previous year. The majority of house sales (60) were in the £306,000 - £364,000 range. Then came properties in the £364,000 - £422,000 range, where 55 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 66 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,162 (-2%).

In Apr 2026, there were 73 new estate agency instructions, 31 agreed home sales and 50 property price reductions.

5-Year Average Property Prices in MK3 (Milton Keynes)

12.86%

Property prices in MK3 (Milton Keynes) increased by 12.86% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in MK3 (Milton Keynes) Over the Last Year

2.33%

Property prices in MK3 (Milton Keynes) increased by 2.33% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for MK3 (Milton Keynes) - Apr 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 61 to 80 days, the broad evidence suggests a slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a market slowdown or a combination of both. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in some relisting the property at a later date). Others simply reduce the price to a level that will entice more buyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in MK3 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in MK3 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in MK3 (Milton Keynes)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the MK3 (Milton Keynes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the MK3 postcode area since 1995.

Recent Sales in MK3 (Milton Keynes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
16 Cheshire Rise, Milton Keynes, MK3 7WF	£400,000	£400,000	£0	31 Jul 2025	23 Mar 2026	235 Days
49 Windmill Hill Drive, Bletchley, MK3 7RE	£450,000	£430,000	-£20,000	16 Oct 2025	11 Mar 2026	146 Days
14 Maldives Terrace, Newton Leys, Milton Keynes, MK3 5GT	£279,995	£270,500	-£9,495	04 Sep 2025	10 Mar 2026	187 Days
3 Hebrides Gate, Newton Leys, Milton Keynes, MK3 5FE	£325,000	£325,000	£0	09 Sep 2025	06 Mar 2026	178 Days
153 Whalley Drive, Milton Keynes, MK3 6JA	£490,000	£475,000	-£15,000	26 Jun 2025	06 Mar 2026	253 Days
11 Thirsk Gardens, Milton Keynes, MK3 5LH	£550,000	£547,500	-£2,500	24 Nov 2025	27 Feb 2026	95 Days
10 Fontwell Drive, Milton Keynes, MK3 5LR	£315,000	£315,000	£0	17 Apr 2025	26 Feb 2026	315 Days
110 Shenley Road, Bletchley, MK3 7AJ	£260,000	£260,000	£0	18 Jun 2025	23 Feb 2026	250 Days
5 Santa Cruz Avenue, Newton Leys, Milton Keynes, MK3 5GL	£325,000	£325,000	£0	30 May 2025	20 Feb 2026	266 Days
54 Bonaire Grange, Newton Leys, Milton Keynes, MK3 5RQ	£385,000	£380,000	-£5,000	19 Mar 2025	18 Feb 2026	336 Days
74 Hexham Gardens, Milton Keynes, MK3 5EU	£240,000	£230,000	-£10,000	23 Oct 2025	13 Feb 2026	113 Days
42 Alderney Avenue, Newton Leys, Milton Keynes, MK3 5GX	£360,000	£352,000	-£8,000	26 Jun 2025	13 Feb 2026	232 Days
399 Whaddon Way, Milton Keynes, MK3 7NR	£275,000	£260,000	-£15,000	09 Sep 2025	12 Feb 2026	156 Days
Flat 1, 17, Honduras Gardens, Newton Leys, Milton Keynes, MK3 5LY	£210,000	£210,000	£0	28 Aug 2025	09 Feb 2026	165 Days
4 Welchman Court, Milton Keynes, MK3 6FL	£390,000	£377,500	-£12,500	29 May 2025	06 Feb 2026	253 Days
60 Trinidad Grove, Newton Leys, Milton Keynes, MK3 5PL	£460,000	£455,000	-£5,000	27 May 2025	06 Feb 2026	255 Days
24 Faulkner Drive, Milton Keynes, MK3 6FB	£365,000	£355,000	-£10,000	20 Mar 2025	05 Feb 2026	322 Days
Flat 3, 23, Saint Vincent Avenue, Newton Leys, Milton Keynes, MK3 5SH	£220,000	£220,000	£0	18 Apr 2025	30 Jan 2026	287 Days
15 Newbury Court, Milton Keynes, MK3 5NJ	£260,000	£257,000	-£3,000	06 Oct 2025	26 Jan 2026	112 Days
10 Church Green Road, Milton Keynes, MK3 6BL	£400,000	£400,000	£0	10 Sep 2025	23 Jan 2026	135 Days

Most Expensive Streets in MK3 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK3 7RW	Wentworth Way	Milton Keynes	£718,000	5
MK3 5NT	Huntingdon Crescent	Milton Keynes	£707,000	5
MK3 6DE	Church Green Road	Milton Keynes	£653,333	3
MK3 7RR	Windmill Hill Drive, Bletchley	Milton Keynes	£561,666	3
MK3 5RR	Fowley Avenue, Newton Leys	Milton Keynes	£546,587	5
MK3 5LL	Haydock Close, Bletchley	Milton Keynes	£542,750	4
MK3 5LH	Thirsk Gardens, Bletchley	Milton Keynes	£531,785	7
MK3 7QP	Otter Close, Bletchley	Milton Keynes	£527,500	4
MK3 6DJ	Elmers Park, Bletchley	Milton Keynes	£518,333	3
MK3 6HU	Whalley Drive	Milton Keynes	£517,666	3

Least Expensive Streets in MK3 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK3 7EQ	Yorkshire Close, Bletchley	Milton Keynes	£91,499	6
MK3 5NJ	Newbury Court	Milton Keynes	£140,571	7
MK3 5GP	Bonaire Grange, Newton Leys	Milton Keynes	£142,166	12
MK3 5GA	Anglesey View, Newton Leys	Milton Keynes	£168,333	6
MK3 5NR	Epsom Grove	Milton Keynes	£170,450	10
MK3 7DS	Knaresborough Court	Milton Keynes	£178,700	5
MK3 5SS	Melville Drive, Newton Leys	Milton Keynes	£179,000	3
MK3 5QW	Islay Court, Newton Leys	Milton Keynes	£195,900	5
MK3 5HB	Alderney Avenue, Newton Leys	Milton Keynes	£199,333	3
MK3 6DL	Robinson Street	Milton Keynes	£201,888	9