Property profile

1 Formby Close

Map showing 1, Formby Close, Bletchley

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£420,000

Detached sold in Bletchley Park

The box shows the middle 50% of detached sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold15 Mar 2021
£335,000Change since last sale: +£87,000 (+26%)
Annualised change
+4.2% per yearMilton Keynes annualised change (detached) since 2021: +3.4% per yearThis property's value grew faster than the market
Price per sq ftLocal median £396 per sq ft
£400 per sq ftEstimate vs local median: +£4 per sq ft (+1.0%)
Local sold pricesMedian for detached in Bletchley Park
£450,000Estimate vs local median: −£28,000 (−6.2%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeHouse / Detached
TenureFreehold
Construction period1976-1982
Floor area98 m² / 1,055 sq ft
Rooms5 habitable / 5 heated
EPC ratingC
EPC inspection10 Feb 2021

Sales history

DatePriceChange
15 Mar 2021£335,000-

Local market

Property prices in Bletchley Park

Median price: £330,000
Price per sq ft: £359
Sales (last 12 months): 168
Typical range (middle 50%): £256K – £391K

Based on 168 recent sales, the median property price is £330,000 (about £359 per square foot) in Bletchley Park area, with individual transactions ranging from £41,250 up to £900,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Bletchley Park over the last year.
TypeSalesMedian£/sq ft
Detached37£450,000£396
Semi-Detached76£332,500£377
Terraced30£290,000£352
Flats25£170,000£271

10-year price trendmedian sale price in Bletchley Park

Sale price

Ten year median sale price trend for each property type in Bletchley Park.
YearDetachedFlatsSemi-DetachedTerraced
2016£365,000£165,000£252,000£215,000
2017£400,000£194,950£270,000£230,000
2018£360,000£170,000£275,000£223,500
2019£405,000£162,500£277,000£225,000
2020£382,000£154,950£275,000£230,000
2021£380,000£175,250£290,000£237,000
2022£436,000£187,500£335,000£285,500
2023£446,500£197,500£321,000£280,250
2024£490,000£160,000£327,000£274,000
2025£435,000£150,000£327,500£275,000
2026£445,000£174,000£335,000£285,000
Ten year median sale price trend for each property type in Bletchley Park.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Bletchley Park.
YearDetachedFlatsSemi-DetachedTerraced
2016£296£260£295£273
2017£307£276£296£280
2018£322£271£298£261
2019£312£271£303£271
2020£311£261£283£261
2021£319£266£324£295
2022£379£269£388£337
2023£371£350£339£326
2024£364£249£352£328
2025£374£245£372£338
2026£401£290£395£355
Ten year median sale price per square foot trend for each property type in Bletchley Park.

Price distribution by property typelast 12 months

Price distribution by property type for Bletchley Park in the last year.

Recent sales

There were 42 recent sold properties in the last 18 months near MK3 7RN.

Recent sold properties in the last 18 months near MK3 7RN
DateAddressTypeTenurePriceMap
10 Jun 202589, Windmill Hill Drive, Milton Keynes, MK3 7RJDetachedFreehold£410,000
26 Mar 202624, Turnberry Close, Milton Keynes, MK3 7RLDetachedFreehold£430,000
05 Jan 202628, Huntingdon Crescent, Milton Keynes, MK3 5NTDetachedFreehold£670,000
27 Feb 202611, Thirsk Gardens, Milton Keynes, MK3 5LHDetachedFreehold£547,500
18 Jun 202519, Thirsk Gardens, Milton Keynes, MK3 5LHDetachedFreehold£620,000

Other properties at this postcode

AddressTenureFloor areaLast sale
3, Formby Close, Bletchley, Milton KeynesFreehold98 m²£127,000 (2001)
8, Formby Close, Bletchley, Milton KeynesFreehold108 m²£390,000 (2020)

Area insights for MK3 7RN

Full area profile →

Overview

Postcode MK3 7RN is located in an urban city, within the Bletchley Park area of Milton Keynes in the South East region, and forms part of the Far Bletchley area. It has very low deprivation and very low crime levels, with around 24.1 crimes per 1,000 residents per year, about 71% below the South East average of 84 per 1,000. The average income per household in Far Bletchley is £56,546 per year. The median sale price in Bletchley Park is £330,000 (around £359 per square foot), with typical sale prices between £255,500 and £390,625. The nearest station is Bletchley, about 1.6 miles away. There are 4 primary and no secondary schools in the area. There is 1 park nearby, the closest large park is Chepstow Drive Local Park.

Crime rate
2/10
Crimes per 1k residents
24
Deprivation level
2/10
Income level
4/10
Social housing
0%
Connectivity
N/A
Flood Risk
No risk
Noise Level
No noise

Deprivation level

2/10

Far Bletchley has a very low level of deprivation, ranked at position 29,727 out of 32,844 areas in England, placing it within the bottom 9% least deprived areas in England.

Crime level

2/10

Far Bletchley has a very low crime rate, with approximately 24.1 reported incidents per 1,000 population each year.

Social housing

0%

Approximately 0.0% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 18.5% of dwellings are socially rented.

Income level

4/10

The average income per household in Far Bletchley is £56,546 per year.

Noise Level

No noise

No significant noise sources from railways or roads near MK3 7RN.

Flood risk

No risk

Far Bletchley near MK3 7RN has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Bletchley located about 1.6 miles away. There are no other stations nearby.

Parks

Nearby parks and green spaces for MK3 7RN
DistanceNameSizeDirections
0.4 miChepstow Drive Local ParkLargeWalking directions to Chepstow Drive Local Park

Area Profile

Population
294
Population density
3,519.6 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
14.47(-54%)
Anti-social behaviour
8.84(-28%)
Criminal damage and arson
3.22(-50%)
Other theft
2.41(-57%)
Drugs
1.61(-42%)
South East average

Demographics

Ethnic groups

British
229
77.36%
Indian
16
5.41%
Other White
15
5.07%
Chinese
7
2.36%
White and Asian (mixed)
6
2.03%
Total population: 296

Economics

Education (age 16+)

Level 4+ (Degree)
79
30.15%
No qualifications
48
18.32%
Level 3 (A level)
43
16.41%
Level 2 (GCSEs 9-4)
36
13.74%
Level 1 (GCSEs 3-1)
31
11.83%
Total 16+ residents: 262

Housing

Housing tenure

Owns outright
87
65.41%
Owns with a mortgage
41
30.83%
Shared ownership
2
1.5%
Private landlord or letting agency
2
1.5%
Other forms of private rent
1
0.75%
Total households: 133

Schools

In the MK3 7RN postcode area, located within Far Bletchley, there are 4 primary and 0 secondary schools in close proximity.

Ratings include official Ofsted judgements and Area360 summaries of inspection grades. Open a school’s inspection details to see the full breakdown.

Nearby schools for MK3 7RN
DistancePhaseNameTypeRatingLinks
0.3 miPrimaryChestnuts Primary SchoolAcademy converter
0.5 miNot applicableMilton Keynes Preparatory SchoolOther independent school
0.6 miPrimarySt Thomas Aquinas Catholic Primary SchoolVoluntary aided school

Local amenities

2 nearby supermarkets & convenience stores within 0.5 mi of MK3 7RN

Nearby supermarkets & convenience stores for MK3 7RN
DistanceNameAddressDirections
0.1 miPremier VNG Stores105 Chepstow Drive, Bletchley, Milton Keynes, MK3 5NGWalking directions to Premier VNG Stores
0.5 miYour Coop FoodTattenhoe Lane, Bletchley, Milton Keynes, MK3 7DJWalking directions to Your Coop Food