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MK3 5LR

MK3 5LR

Last update: Sep 2024

Postcode Overview

of MK3 5LR

MK3 5LR is a residential postcode located on Fontwell Drive, Bletchley, Milton Keynes, MK3. It is the 1160th largest postcode in the MK3 area.

It contains 51 houses and the most common type of property is a modern house built after 1980.

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Average property prices

in MK3 5LR

The average house value is £309,162. Sales values have decreased in the last 12 months by 0.9% and Rental values have increased by 1.7%.

Property sale values range from £272,576 for a freehold house, with 2 bedrooms split across 614 square feet of gross internal area and has a garden to £484,771 for a freehold house, with 5 bedrooms split across 1,528 square feet of gross internal area and has a garden.

Average £/ft2 for properties in MK3 5LR is £426/ft2.

Properties achieve a rental yield of between 4.5% and 5.1%, and rental values range from £1,150 to £1,838 per month.

Sale value change
12 months
0.9%
Rental value change
12 months
1.7%
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Recent sales

within MK3 5LR

The last sale was 03 Mar 2023 for £314,700 and since then the market in the area as increased by -1%. The postcode has had a total of 4 sales since 1995.

MK3 5LR has seen 4 sales in the last three years and no sales in the last twelve months.

£314,700
Mar-2023
Sold
£370,000
Nov-2022
Sold
£365,000
Jul-2022
Sold
£310,000
Feb-2022
Sold
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Nearby postcodes

to MK3 5LR

MK3 5LR is the 1160th largest and the 498th most expensive postcode out of the 1,194 postcodes in the MK3 area.

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Property types

in MK3 5LR

MK3 5LR is a residential postcode located on Fontwell Drive, Bletchley, Milton Keynes, MK3 with 51 houses within its bounds.

The most common property type in MK3 5LR is a modern house built after 1980.

modern house (45)
mid-century house (6)
Energy Efficiency

Energy Efficiency

of properties within MK3 5LR

The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being D.

A (0)
E (2)
B (1)
F (0)
C (10)
G (0)
D (19)
No EPC (19)
Schools nearby

Schools nearby

to MK3 5LR

The nearest primary school to MK3 5LR is Chestnuts Primary School which is 600 m away and is rated Good by Ofsted.
600 m
Chestnuts Primary School
Good
1.1 km
St Thomas Aquinas Catholic Primary School
Requires improvement
1.5 km
Newton Longville Church of England Primary School
Good
The nearest secondary school is Lord Grey Academy which is 2.1 km away and is rated Good by Ofsted.
2.1 km
Lord Grey Academy
Good
2.8 km
Shenley Brook End School
Good
3.0 km
Sir Herbert Leon Academy
Special measures
Source: Ofsted (2016)
Public transport nearby

Public transport nearby

to MK3 5LR

The closest station to MK3 5LR is Bletchley station which is 2.7 km away.

2.7 km
Bletchley
4.0 km
Fenny Stratford
5.5 km
Milton Keynes Central
5.6 km
Bow Brickhill
Source: National Rail
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