MK3 7EL is a residential postcode located on Cumbria Close, Bletchley, Milton Keynes, MK3. It is the 884th largest postcode in the MK3 area.
It contains 24 residential addresses consisting of 12 houses and 12 flats and the most common type of property is a mid-century flat built between 1936 and 1979.
The average house value is £189,351. Sales values have decreased in the last 12 months by 0.2% and Rental values have increased by 2.6%.
Property sale values range from £119,201 for a leasehold flat, with 1 bedrooms split across 495 square feet of gross internal area and has no outside space to £224,338 for a freehold house, with 2 bedrooms split across 495 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK3 7EL is £297/ft2.
Properties achieve a rental yield of between 5.8% and 6.7%, and rental values range from £642 to £1,077 per month.
The last sale was 11 Apr 2008 for £92,000 and since then the market in the area as increased by 63.4%. The postcode has had a total of 4 sales since 1995.
MK3 7EL has seen no sales in the last three years and no sales in the last twelve months.
MK3 7EL is the 884th largest and the 119th most expensive postcode out of the 1,194 postcodes in the MK3 area.
MK3 7EL is a residential postcode located on Cumbria Close, Bletchley, Milton Keynes, MK3 with 12 houses and 12 flats within its bounds.
The most common property type in MK3 7EL is a mid-century flat built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to MK3 7EL is Bletchley station which is 1.3 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around MK3 7EL, 40.5% of property is socially rented and 23.1% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around MK3 7EL, 23.6% of residents are recorded as possessing school level qualifications and 13.7% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK3 7EL, the average age was 40 and the most common age was 32.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around MK3 7EL, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around MK3 7EL, there are an average of 0.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.