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House Prices in MK3

The average house price in MK3 (Milton Keynes) is £309,642 using HM Land Registry data.

The average property price increased by £32,824 (12.86%) over the last 5 years and increased by £6,562 (2.33%) over the last 12 months.

Over the last year, there were 297 residential property sales – a decrease of 55 transactions (-18.52%) relative to the previous year. The majority of house sales (65) were in the £306,000 - £364,000 range. Then came properties in the £364,000 - £422,000 range, where 65 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 56 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-10,638 (-2%).

In Aug 2026, there were 70 new estate agency instructions, 36 agreed home sales and 28 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) - Aug 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in 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
15 Alderney Avenue, Newton Leys, Milton Keynes, MK3 5GX	£265,000	£260,000	-£5,000	04 Sep 2025	03 Jul 2026	302 Days
22 Knaresborough Court, Milton Keynes, MK3 7DS	£150,000	£140,000	-£10,000	05 Dec 2025	03 Jul 2026	210 Days
7 Selkirk Grove, Milton Keynes, MK3 7NL	£375,000	£360,000	-£15,000	01 Dec 2025	01 Jul 2026	212 Days
28 Alderney Avenue, Newton Leys, Milton Keynes, MK3 5GX	£375,000	£370,000	-£5,000	24 Feb 2026	01 Jul 2026	127 Days
117 Buckingham Road, Milton Keynes, MK3 5HZ	£430,000	£426,500	-£3,500	20 Nov 2025	30 Jun 2026	222 Days
34 Tyne Square, Milton Keynes, MK3 7QA	£315,000	£315,000	£0	30 Apr 2026	30 Jun 2026	61 Days
30 Aintree Close, Milton Keynes, MK3 5LP	£289,995	£279,000	-£10,995	17 Feb 2026	30 Jun 2026	133 Days
10 Kipling Road, Milton Keynes, MK3 5AT	£310,000	£305,000	-£5,000	15 Aug 2025	29 Jun 2026	318 Days
53 Colossus Way, Milton Keynes, MK3 6GU	£220,000	£218,000	-£2,000	27 Jan 2026	26 Jun 2026	150 Days
6 Hertford Place, Milton Keynes, MK3 7HE	£350,000	£335,000	-£15,000	21 Oct 2025	17 Jun 2026	239 Days
5 Somerset Close, Milton Keynes, MK3 7HJ	£350,000	£340,000	-£10,000	30 Jan 2026	12 Jun 2026	133 Days
Walnut Tree Cottage, Church Green Road, Milton Keynes, MK3 6DD	£900,000	£900,000	£0	13 Aug 2025	12 Jun 2026	303 Days
28 Fontwell Drive, Milton Keynes, MK3 5LR	£379,995	£370,000	-£9,995	21 Jul 2025	05 Jun 2026	319 Days
21 Knaresborough Court, Milton Keynes, MK3 7DS	£170,000	£161,000	-£9,000	08 Sep 2025	05 Jun 2026	270 Days
89 St Clements Drive, Milton Keynes, MK3 5ED	£400,000	£390,000	-£10,000	13 Feb 2026	03 Jun 2026	110 Days
30 Cartmel Close, Milton Keynes, MK3 5LT	£499,995	£485,000	-£14,995	26 Jan 2026	03 Jun 2026	128 Days
36 Cottingham Grove, Bletchley, MK3 5AX	£375,000	£375,000	£0	10 Feb 2026	01 Jun 2026	111 Days
21 Saint Vincent Avenue, Newton Leys, Milton Keynes, MK3 5SG	£435,000	£435,000	£0	05 Feb 2026	29 May 2026	113 Days
342 Whaddon Way, Bletchley, MK3 7JU	£320,000	£317,000	-£3,000	19 Mar 2026	28 May 2026	70 Days
91 Kennet Drive, Milton Keynes, MK3 7AX	£450,000	£440,000	-£10,000	26 Dec 2025	28 May 2026	153 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 7QP	Otter Close, Bletchley	Milton Keynes	£595,333	6
MK3 6DD	Church Green Road, Bletchley	Milton Keynes	£561,666	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	£527,916	6
MK3 6DJ	Elmers Park, Bletchley	Milton Keynes	£518,333	3

Least Expensive Streets in MK3 (Milton Keynes)

Postcode	Street	Area	Average	No. of Sales
MK3 7EQ	Yorkshire Close, Bletchley	Milton Keynes	£111,250	4
MK3 5NJ	Newbury Court	Milton Keynes	£140,571	7
MK3 5GP	Bonaire Grange, Newton Leys	Milton Keynes	£145,545	11
MK3 5GA	Anglesey View, Newton Leys	Milton Keynes	£168,333	6
MK3 5NR	Epsom Grove, Bletchley	Milton Keynes	£169,333	12
MK3 7DS	Knaresborough Court	Milton Keynes	£172,416	6
MK3 5SS	Melville Drive, Newton Leys	Milton Keynes	£179,000	3
MK3 5SJ	Saint Vincent Avenue, Newton Leys	Milton Keynes	£195,500	5
MK3 5HB	Alderney Avenue, Newton Leys	Milton Keynes	£199,333	3
MK3 5QW	Islay Court, Newton Leys	Milton Keynes	£200,500	4