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Company No. 11113204
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VAT No. GB 287 0845 68
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According to the public record, 2, Rays Close, Milton Keynes is a modern freehold house with 1,399 ft2 of internal area and sits on a 168 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Rays Close, Milton Keynes is £434,017 and the estimated rental value is £1,723 per month.
Rays Close, Bletchley, Milton Keynes, MK2 is located within the MK2 postal district.
2, Rays Close, Milton Keynes has a single entry in the Land Registry from November 2016 and a single entry in the EPC database dated November 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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 2, Rays Close, Milton Keynes is in very good condition we estimate a sale value of £455,717 and a rental value of £1,809 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £403,635 and a rental value of £1,603 per month.
Over the last 12 months the sale value of 2 Rays Close Milton Keynes has increased by an estimated £1,539 (0.4%) and its rental value has increased by an estimated £49 per month (2.8%), giving an expected gross yield of 4.8%.
According to data from HM Land Registry, 2, Rays Close, Milton Keynes sits on a plot of 168m2.
We have plot size data on 21 out of 21 other houses in the postcode and 2, Rays Close, Milton Keynes sits on the 6th largest plot.
2, Rays Close, Milton Keynes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Rays Close, Milton Keynes was last sold on 8th November 2016 for £249,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2016, the market for similar properties has risen 107.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Rays Close, Milton Keynes within a radius of 700 metres over the last 2 years.
The most recent example is 1, Rays Close, Milton Keynes, MK2 3FG, a freehold house which sold for £280,000 on the 4th December 2020.
Read more about house prices in MK2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rays Close, Bletchley, Milton Keynes, MK2 has a total of 21 addresses. According to our analysis of all the public data, 2, Rays Close, Milton Keynes is the largest and the most expensive property on the street.
When compared to the postcode district it is £135k more expensive than the average property in MK2.
The closest station to 2, Rays Close, Milton Keynes is Bletchley station which is 1.7 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Rays Close, Milton Keynes, 30.1% of property is socially rented and 25.4% is privately owned with a mortgage.
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 2, Rays Close, Milton Keynes, 33.4% of residents are recorded as possessing school level qualifications and 23.7% 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 2, Rays Close, Milton Keynes, the average age was 32.4 and the most common age was 32.
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 2, Rays Close, 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 2, Rays Close, Milton Keynes, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
