Sold STC Semi-detached

23 MELVILLE DRIVE

MILTON KEYNES, NEWTON LEYS, MILTON KEYNES MK3 5SS

3 beds 2 baths 79 m² Listed 20 May 2024 (-743d)

£350,000

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# 3 bedroom semi-detached house for sale (MK3 5SS)

## Property Details

| Key | Value |
|-----|-------|
| Address | 23 MELVILLE DRIVE, MILTON KEYNES, NEWTON LEYS, MILTON KEYNES MK3 5SS |
| Price | £350,000 |
| Bedrooms | 3 |
| Bathrooms | 2 |
| Council tax | TBC |
| Last sold | £227,500 Jul 2025 |

## Description

The accommodation in brief comprises; entrance hall, lounge, cloakroom, kitchen/diner, first floor landing, master bedroom with en suite, two further bedrooms, family bathroom, front and rear gardens.

## Property Photos

- ![Picture No. 02](/listings/photos/148173968/271273) - Picture No. 02
- ![Picture No. 13](/listings/photos/148173968/271274) - Picture No. 13
- ![Picture No. 09](/listings/photos/148173968/271276) - Picture No. 09
- ![Picture No. 03](/listings/photos/148173968/271277) - Picture No. 03
- ![Picture No. 04](/listings/photos/148173968/271279) - Picture No. 04
- ![Picture No. 05](/listings/photos/148173968/271283) - Picture No. 05
- ![Picture No. 06](/listings/photos/148173968/271285) - Picture No. 06
- ![Picture No. 07](/listings/photos/148173968/271287) - Picture No. 07
- ![Picture No. 08](/listings/photos/148173968/271294) - Picture No. 08
- ![Picture No. 10](/listings/photos/148173968/271296) - Picture No. 10
- ![Picture No. 11](/listings/photos/148173968/271304) - Picture No. 11
- ![Picture No. 12](/listings/photos/148173968/271310) - Picture No. 12

## Floorplans

- ![Floorplan](/listings/photos/148173968/271316) - Floorplan

## EPC Graphs

- ![EPC Rating Graph](/listings/photos/148173968/271329) - EPC Rating Graph

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 23 MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS | £227,500 | 23/07/2025 | Semi-detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 17 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL | £152,000 | 29/08/2025 | Semi-detached |
| 1 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL | £365,000 | 17/11/2023 | Semi-detached |
| 70 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £470,000 | 15/11/2023 | Semi-detached |
| 14 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £303,000 | 25/10/2023 | Semi-detached |
| [Same street] 3A MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS | £157,500 | 01/09/2023 | Semi-detached |
| 40 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £300,000 | 14/04/2023 | Semi-detached |
| 54 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £430,000 | 21/12/2022 | Semi-detached |
| 48 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £435,000 | 21/12/2022 | Semi-detached |
| 46 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £420,000 | 20/12/2022 | Semi-detached |
| 52 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU | £435,000 | 19/12/2022 | Semi-detached |
| 74 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £425,000 | 31/10/2022 | Semi-detached |
| 6 LANGKAWI LANE, NEWTON LEYS, MILTON KEYNES, MK3 5PS | £360,000 | 05/08/2022 | Semi-detached |
| 2 MONTSERRAT COURT, NEWTON LEYS, MILTON KEYNES, MK3 5PR | £350,000 | 27/05/2022 | Semi-detached |
| 61 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5HE | £224,000 | 15/10/2021 | Semi-detached |
| 5 ZANTE GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5SW | £227,700 | 29/09/2021 | Semi-detached |
| 12 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT | £280,000 | 24/09/2021 | Semi-detached |
| 8 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL | £301,250 | 04/06/2021 | Semi-detached |

**Street average:** £157,500 (1 sale)
**Area average:** £342,372 (16 sales)

## Price vs local average

*Outcode + property type (HousePrices, last 2 years).*

- **Local average:** £303,429 (35 Semi-detached, MK3, 2024–2026)
- **Deviation:** +15.3%

## Rental Range

*ONS Price Index of Private Rents (Milton Keynes). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £1,199/mo
- **Realistic:** £1,332/mo
- **Optimistic:** £1,465/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Milton Keynes (Apr 2025 – Mar 2026).*

- **LHA floor (this property size):** £1,192/mo

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.*

| Title | Rent | Beds | Distance | As seen on |
|------|------|------|------|------|
| 3 Bed Semi-Detached House, Portsea Grove, MK3 | £1,650/mo | 3 | 0.32 miles | OpenRent |

**Average rent: £1,650/mo (1 listing)**

## 1% Rule

- **Rent ratio:** 0.47% (weak for cashflow)
- **Max investor price (0.8%):** £206,250
- **Target investor price (1%):** £165,000

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £1,650/mo).*

- **Gross yield:** 5.7%
- **Cost-to-rent:** 17.7×
- **Monthly cashflow:** £82/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** 1%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 4.8%
- **10y growth:** 20.2%

## House Price Index (HM Land Registry)

*Official index for Milton Keynes; Semi-detached series; as of February 2026.*

- **1y growth (index):** 0.5%
- **5y growth (index):** 18.9%
- **10y growth (index):** 34.8%

## Flood risk

- **Zone:** 1
- **Risk:** Low
- **Source:** Job (default Low)

[Check long-term flood risk (GOV.UK)](https://check-long-term-flood-risk.service.gov.uk/postcode)

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Property details

Tenure

FREEHOLD

Floor area

79 m²

Council tax band

TBC

Last sold

£227,500 Jul 2025

Local average

£303,429 (+15.3%)

Street crime

79 incidents within 1 mile (Mar 2026)

Key features

3 Bedrooms
Entrance Hall
Living Room
Cloakroom
Kitchen Dining Room
Ensuite Bathroom
Bathroom
Garden

Additional details

Parking: Yes
Garden: Yes

Description

Situated in the highly sought after location of Newton Leys, this show home condition, beautifully presented 3 bedroom Semi Detached property boasts cloakroom, family bathroom and end suite to master bedroom. With parking for two cars, the property also offers a large rear garden.

The accommodation in brief comprises; entrance hall, lounge, cloakroom, kitchen/diner, first floor landing, master bedroom with en suite, two further bedrooms, family bathroom, front and rear gardens.

Listed by

Milton Keynes

Countrywide UK Sales - Connells

Reference: 148173968

EPC Rating & Upgrade Cost

Fetching EPC data… Refresh this page in a moment.

Flood risk

Zone: 1

Risk: Low

Job (default Low)

Floorplans

Floorplan

EPC Graphs

EPC Rating Graph

Price history

Event	Date	Price	% change
Sold	23/07/2025 (10 months ago)	£227,500	—

Source: HM Land Registry Price Paid Data. Crown copyright.

Sold Comparables

Same street and nearby sales within 0.25 miles (last 5 years). Data from Land Registry Price Paid.

Address	Price	Date	Type
17 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL	£152,000	29/08/2025	Semi-detached
1 DENNY LANE, NEWTON LEYS, MILTON KEYNES, MK3 5RL	£365,000	17/11/2023	Semi-detached
70 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL	£470,000	15/11/2023	Semi-detached
14 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT	£303,000	25/10/2023	Semi-detached
Same street 3A MELVILLE DRIVE, NEWTON LEYS, MILTON KEYNES, MK3 5SS	£157,500	01/09/2023	Semi-detached
40 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT	£300,000	14/04/2023	Semi-detached
54 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU	£430,000	21/12/2022	Semi-detached
48 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU	£435,000	21/12/2022	Semi-detached
46 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU	£420,000	20/12/2022	Semi-detached
52 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5PU	£435,000	19/12/2022	Semi-detached
74 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL	£425,000	31/10/2022	Semi-detached
6 LANGKAWI LANE, NEWTON LEYS, MILTON KEYNES, MK3 5PS	£360,000	05/08/2022	Semi-detached
2 MONTSERRAT COURT, NEWTON LEYS, MILTON KEYNES, MK3 5PR	£350,000	27/05/2022	Semi-detached
61 SANTA CRUZ AVENUE, NEWTON LEYS, MILTON KEYNES, MK3 5HE	£224,000	15/10/2021	Semi-detached
5 ZANTE GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5SW	£227,700	29/09/2021	Semi-detached
12 CURACAO CRESCENT, NEWTON LEYS, MILTON KEYNES, MK3 5PT	£280,000	24/09/2021	Semi-detached
8 TRINIDAD GROVE, NEWTON LEYS, MILTON KEYNES, MK3 5PL	£301,250	04/06/2021	Semi-detached

Street average: £157,500 (1 sale)

Area average: £342,372 (16 sales)

Capital growth trend

Land Registry outcode average: last 12 months vs 5y and 10y ago (from sold prices).

5y growth 4.8%

10y growth 20.2%

House Price Index (HM Land Registry — official index, not sold-price averages): Milton Keynes. Series: Semi-detached. As of February 2026.

1y (index) 0.5%

5y (index) 18.9%

10y (index) 34.8%

Rental Range

Estimated market rent for Milton Keynes. Low = conservative, Realistic = average, Optimistic = best case.

Low £1,199/mo

Realistic £1,332/mo

Optimistic £1,465/mo

Based on Local Authority from postcode lookup → Milton Keynes.

LHA (30th percentile) floor for Milton Keynes: £1,192/mo (Apr 2025 – Mar 2026)

Location

Map view View on Google Maps View on OpenStreetMap Street View MK3 5SS

Nearby

Nearest stations, universities and amenities (distance from property).

Type	Name	Distance
Bus stop	Newton Leys St Helena Avenue	0.6 miles
Shop	Asda	0.6 miles
Shop	P J Pollard & Son	0.9 miles
Train station	Bletchley	1.4 miles
Hospital	Unknown	1.5 miles
Hospital	Parkside Medical Centre	1.5 miles
Train station	Fenny Stratford	2.0 miles
University	The Open University	3.7 miles

Street-level crime

Category	Count
Violence and sexual offences	45
Vehicle crime	9
Anti-social behaviour	7
Other theft	5
Public order	5
Burglary	4
Drugs	2
Criminal damage and arson	1
Robbery	1
Total incidents	79

Within 1 mile during Mar 2026. Source: data.police.uk (England & Wales).

Schools nearby

Nearest open schools with Ofsted ratings (England). Closed schools are not shown. Data from Get Information about Schools and Ofsted.

Name	Type	Distance	Ofsted
Newton Leys Primary School	Primary	0.5 miles	Good — 11 Jul 2019
Water Hall Primary School	Primary	0.7 miles	Requires improvement — 26 Jun 2023
KWS Milton Keynes	Other	0.8 miles	Good — 21 Sep 2022
Sir Herbert Leon Academy	Secondary	0.9 miles	— (Inspected (no overall grade))
Drayton Park School	Primary	0.9 miles	Outstanding — 6 Sep 2017

Rental Comparables

Residential lets from OpenRent and Rightmove for the area (same bedroom count). Use to validate rent estimates. Student lets are excluded.

Title	Rent	Beds	Distance	As seen on
3 Bed Semi-Detached House, Portsea Grove, MK3	£1,650/mo	3	0.32 miles	OpenRent

Average rent: £1,650/mo (1 listing)

Rent-driven metrics

Based on OpenRent comparables.

Rent ratio 0.47%

Max investor price (0.8%) £206,250

Target investor price (1%) £165,000

Gross yield 5.7%

Cost-to-rent ratio 17.7×

Monthly cashflow £82/mo 75% LTV, 3.95% APR (5yr fixed), 25yr term

Cash-on-cash ROI 1%

Rent ratio — Monthly rent ÷ purchase price (1% rule). 1%+ = strong, 0.8–1% = okay, <0.8% = weak for cashflow.
Max investor price — Rent ÷ 0.8%; the price at which rent would be 0.8% of price (Stoke-style target).
Target investor price — Rent ÷ 1%; the price at which rent would be 1% of price (strong cashflow band).
Gross yield — Annual rent as % of purchase price (no costs).
Cost-to-rent — Price ÷ annual rent (from OpenRent comparables). Under 14× = strong, 14–16× = acceptable, 17×+ = compressed.
Cashflow — Rent minus mortgage, 10% maintenance, £25/mo compliance. Assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term.
ROI — Annual profit ÷ cash in (deposit + 4% purchase costs).