16, Farthing Grove
16, Farthing Grove
Description & Estimates
16, Farthing Grove, Milton Keynes is recorded publicly as a mid-century leasehold apartment across 839 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 16, Farthing Grove, Milton Keynes is £119,969 and its rental estimate is £778 per month, given the available information and assuming reasonable condition.
16, Farthing Grove is a residential building on Farthing Grove, Netherfield, Milton Keynes, MK6 and falls within the MK6 postal district.
Our Data Sources
16, Farthing Grove, Milton Keynes has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated March 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 16, Farthing Grove, Milton Keynes, we estimate a market value of £125,968 and a rental value of £816 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £111,572 and £723 per month respectively.
Recent Market Change
Over the last year, 16, Farthing Grove, Milton Keynes has seen its estimated sale value drop by £968 (0.8%) and its estimated rental value rise by £16 per month (2.1%). This results in an estimated gross rental yield of 7.8%.
Energy Efficiency
16, Farthing Grove, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Mar 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
The most recent sale of 16, Farthing Grove, Milton Keynes completed on 3rd September 2020 at £124,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 53.9% over the period since September 2020.
- Sold Sep 2020£124,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 670 metres of 16, Farthing Grove, Milton Keynes, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd September 2020, was 16A, Farthing Grove, Milton Keynes, MK6 4HH, a leasehold flat which sold for £80,000.
Read more about house prices in MK6.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 151 addresses on Farthing Grove, Netherfield, Milton Keynes, MK6, 16, Farthing Grove, Milton Keynes comes out as the 114th largest and the 137th most expensive in our analysis of the public data.
It is also £115k less expensive than the average property across the MK6 district.
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Schools Nearby
- 500mMoorland Primary School
- 500mLangland Community School
- 800mNew Chapter Primary School
- 1.3kmThe Milton Keynes Academy
- 1.3kmSt Paul's Catholic School
- 2.8kmLord Grey Academy
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Public Transport Nearby
From 16, Farthing Grove, Milton Keynes, the nearest station is Fenny Stratford, 2.8 kilometres away.
- 2.8kmFenny Stratford
- 3.0kmMilton Keynes Central
- 3.0kmBletchley
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
