1, Cedar Lodge Drive
1, Cedar Lodge Drive
Description & Estimates
Public records show 1, Cedar Lodge Drive, Milton Keynes to be a modern freehold house with 1,496 ft2 of internal area, sitting on a 705 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
1, Cedar Lodge Drive, Milton Keynes has an estimated sale value of £599,176 and an estimated rental value of £2,085 per month, assuming reasonable condition and based on the information available.
Cedar Lodge Drive, Wolverton, Milton Keynes, MK12 lies within the MK12 postal district.
Our Data Sources
1, Cedar Lodge Drive, Milton Keynes has a single entry in the Land Registry from March 2017 and a single entry in the EPC database dated October 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 1, Cedar Lodge Drive, Milton Keynes would be worth £629,135, with a potential rental value of £2,189 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £557,234, with a rental value of £1,939 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 1, Cedar Lodge Drive, Milton Keynes has moved down by £2,229 (0.4%) over the last year. During the same period, its estimated monthly rental value has increased by £60 (2.9%). The property's estimated gross yield is currently 4.2%.
Plot Size
1, Cedar Lodge Drive, Milton Keynes occupies a 705 m2 plot as recorded by HM Land Registry.
Of the 5 other houses in this postcode, 3 have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
1, Cedar Lodge Drive, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Oct 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
1, Cedar Lodge Drive, Milton Keynes last changed hands on 31st March 2017, selling for £500,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 32.9% since March 2017.
- Sold Mar 2017£500,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 1, Cedar Lodge Drive, Milton Keynes across the last 2 years.
Most recently, 1, Stacey Avenue, Milton Keynes, MK12 5DN, a freehold house, sold at £295,000 on the 17th May 2019.
Read more about house prices in MK12.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 1, Cedar Lodge Drive, Milton Keynes as the largest and the most expensive of the 5 addresses on Cedar Lodge Drive, Wolverton, Milton Keynes, MK12.
Against the MK12 postcode district average, it is £306k more expensive than the typical property.
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Schools Nearby
- 200mBushfield School
- 600mWyvern School
- 1.0kmNew Bradwell Primary School
- 1.1kmThe Radcliffe School
- 2.4kmStantonbury School
- 3.3kmWatling Academy
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Public Transport Nearby
Wolverton station is the nearest stop to 1, Cedar Lodge Drive, Milton Keynes at 500 metres away.
- 500mWolverton
- 3.8kmMilton Keynes Central
- 8.8kmBletchley
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
