47, Melfort Drive
47, Melfort Drive
Description & Estimates
47, Melfort Drive, Milton Keynes is described in the public record as a mid-century house with 1,237 ft2 of internal area, sitting on a 121 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 47, Melfort Drive, Milton Keynes is £276,199 and its rental estimate is £1,294 per month, given the available information and assuming reasonable condition.
Melfort Drive, Bletchley, Milton Keynes, MK2 falls within the MK2 postal district.
Our Data Sources
47, Melfort Drive, Milton Keynes has no records in the the Land Registry and a single entry in the EPC database dated March 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 47, Melfort Drive, Milton Keynes, we estimate a market value of £290,009 and a rental value of £1,359 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £256,865 and £1,203 per month respectively.
Recent Market Change
Over the last year, 47, Melfort Drive, Milton Keynes has seen its estimated sale value drop by £935 (0.3%) and its estimated rental value rise by £32 per month (2.4%). This results in an estimated gross rental yield of 5.6%.
Plot Size
HM Land Registry records the plot of land for 47, Melfort Drive, Milton Keynes as measuring 121 m2.
That makes it the 10th largest plot in the postcode, where 21 of the 33 other houses have recorded plot data.
Energy Efficiency
47, Melfort Drive, Milton Keynes has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 24 Mar 2016.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, electric.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 47, Melfort Drive, Milton Keynes have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 29th November 2024, was 23, Arrow Place, Milton Keynes, MK2 3PE, a freehold house which sold for £215,000.
Read more about house prices in MK2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 48 addresses on Melfort Drive, Bletchley, Milton Keynes, MK2, 47, Melfort Drive, Milton Keynes comes out as the largest and the most expensive in our analysis of the public data.
It is also £22k less expensive than the average property across the MK2 district.
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Schools Nearby
- 300mWater Hall Primary School
- 700mNewton Leys Primary School
- 700mDrayton Park School
- 500mLift Sir Herbert Leon
- 3.1kmLord Grey Academy
- 5.5kmWalton High
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Public Transport Nearby
From 47, Melfort Drive, Milton Keynes, the nearest station is Bletchley, 2.2 kilometres away.
- 2.2kmBletchley
- 2.7kmFenny Stratford
- 3.7kmBow Brickhill
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.
