3a Melville Drive

    3A, MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS

    This semi-detached leasehold property on Melville Drive last sold in September 2023 for £157,500. Based on price growth in the MK3 district since then, its estimated current value is £155,610 — placing it in the 14th percentile nationally and the 4th percentile within MK3. The property covers 84 m² (904 sq ft), giving an estimated value of £1,853 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Leasehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £157,500

    Sept 2023

    Estimated Valuation

    £155,610

    Est. £/sq ft

    £172/sq ft

    £1,853/m²

    Property Details

    TypeSemi-Detached
    TenureLeasehold
    Built formSemi-Detached
    Construction age2022
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area904 sq ft (84 m²)
    EPC dateJul 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Sept 2023

    £157,500

    Key Metrics

    Estimated valuation£155,610
    Value per sq ft / m²£172/sq ft (£1,853/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK3 district percentile4th percentile
    National percentile14th percentile

    District Context — MK3

    MK3 covers central Milton Keynes, the heart of this planned new town in Buckinghamshire. It is a mixed residential and commercial area with relatively good transport links and everyday amenities.

    Average Property Price - MK3

    £328,454

    51

    National percentile

    Average Net Household Income - MK3

    £40,535

    60

    National percentile

    10-Year Annualised Price Growth - MK3

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - MK

    4.3%

    74

    National percentile

    View full analysis for MK3

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