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Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 116, Lichfield Down, Milton Keynes is £250,233 and the estimated rental value is £1,160 per month.
Lichfield Down, Walnut Tree, Milton Keynes, MK7 is located within the MK7 postal district.
116, Lichfield Down, Milton Keynes has 41 entries in the Land Registry , most recently in January 2021 and a single entry in the EPC database dated December 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 116, Lichfield Down, Milton Keynes is in very good condition we estimate a sale value of £262,744 and a rental value of £1,218 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £232,716 and a rental value of £1,079 per month.
Over the last 12 months the sale value of 116 Lichfield Down Milton Keynes has increased by an estimated £4,757 (1.9%) and its rental value has increased by an estimated £47 per month (4.1%), giving an expected gross yield of 5.6%.
116, Lichfield Down, Milton Keynes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 08 Dec 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 116, Lichfield Down, Milton Keynes was last sold on 8th January 2021 for £218,750 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since January 2021, the market for similar properties has risen 18.6%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 116, Lichfield Down, Milton Keynes within a radius of 600 metres over the last 2 years.
The most recent example is 1, Huckleberry Close, Milton Keynes, MK7 7ER, a freehold house which sold for £277,500 on the 24th June 2024.
Read more about house prices in MK7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Lichfield Down, Walnut Tree, Milton Keynes, MK7 has a total of 91 addresses. According to our analysis of all the public data, 116, Lichfield Down, Milton Keynes is the 71st largest and the 48th most expensive property on the street.
When compared to the postcode district it is £49k less expensive than the average property in MK7.
The closest station to 116, Lichfield Down, Milton Keynes is Bow Brickhill station which is 1.7 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 116, Lichfield Down, Milton Keynes, 25.6% of property is privately rented and 24.8% is shared ownership.
The graph below shows how this compares to South East 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 116, Lichfield Down, Milton Keynes, 21.3% of residents are recorded as possessing school level qualifications and 38.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 116, Lichfield Down, Milton Keynes, the average age was 37.6 and the most common age was 52.
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 116, Lichfield Down, Milton Keynes, 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 116, Lichfield Down, Milton Keynes, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.