2, Octavian Drive
2, Octavian Drive
Description & Estimates
2, Octavian Drive, Milton Keynes is recorded publicly as a modern freehold house across 1,732 ft2 of internal area, sitting on a 646 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 2, Octavian Drive, Milton Keynes is £775,300 and its rental estimate is £2,771 per month, given the available information and assuming reasonable condition.
Octavian Drive, Bancroft, Milton Keynes, MK13 falls within the MK13 postal district.
Our Data Sources
2, Octavian Drive, Milton Keynes has 31 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated April 2015.
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 2, Octavian Drive, Milton Keynes, we estimate a market value of £814,065 and a rental value of £2,910 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £721,029 and £2,577 per month respectively.
Recent Market Change
Over the last year, 2, Octavian Drive, Milton Keynes has seen its estimated sale value drop by £4,089 (0.5%) and its estimated rental value rise by £70 per month (2.5%). This results in an estimated gross rental yield of 4.3%.
Plot Size
HM Land Registry records the plot of land for 2, Octavian Drive, Milton Keynes as measuring 646 m2.
Energy Efficiency
2, Octavian Drive, Milton Keynes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Apr 2015.
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 2, Octavian Drive, Milton Keynes completed on 12th August 2015 at £540,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 27.7% over the period since August 2015.
- Sold Aug 2015£540,000
- Sold Apr 2003£338,000
- Sold Jul 1997£139,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Octavian Drive, Milton Keynes have sold within a radius of 780 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th February 2018, was 10, Grassington, Milton Keynes, MK13 0QJ, a freehold house which sold for £389,995.
Read more about house prices in MK13.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 9 addresses on Octavian Drive, Bancroft, Milton Keynes, MK13, 2, Octavian Drive, Milton Keynes comes out as the 2nd largest and the most expensive in our analysis of the public data.
It is also £482k more expensive than the average property across the MK13 district.
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Schools Nearby
- 700mBradwell Village School
- 700mPriory Common School
- 900mHeelands School
- 1.7kmStantonbury School
- 2.2kmThe Radcliffe School
- 3.0kmWatling Academy
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Public Transport Nearby
From 2, Octavian Drive, Milton Keynes, the nearest station is Wolverton, 1.7 kilometres away.
- 1.7kmWolverton
- 2.4kmMilton Keynes Central
- 7.4kmBletchley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
