5, Laelia Drive
5, Laelia Drive
Description & Estimates
5, Laelia Drive, Milton Keynes is recorded publicly as a modern freehold house across 1,151 ft2 of internal area, sitting on a 161 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Laelia Drive, Milton Keynes is £407,316 and its rental estimate is £1,979 per month, given the available information and assuming reasonable condition.
Laelia Drive, Fairfields, Milton Keynes, MK11 falls within the MK11 postal district.
Our Data Sources
5, Laelia Drive, Milton Keynes has a single entry in the Land Registry from May 2019 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 4 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 5, Laelia Drive, Milton Keynes, we estimate a market value of £427,682 and a rental value of £2,078 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £378,804 and £1,840 per month respectively.
Recent Market Change
Over the last year, 5, Laelia Drive, Milton Keynes has seen its estimated sale value climb by £599 (0.1%) and its estimated rental value rise by £57 per month (2.9%). This results in an estimated gross rental yield of 5.8%.
Plot Size
HM Land Registry records the plot of land for 5, Laelia Drive, Milton Keynes as measuring 161 m2.
That makes it the 6th largest plot in the postcode, where 6 of the 9 other houses have recorded plot data.
Energy Efficiency
5, Laelia Drive, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 20 Nov 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Laelia Drive, Milton Keynes completed on 31st May 2019 at £359,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 20.5% over the period since May 2019.
- Sold May 2019£359,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Laelia Drive, Milton Keynes have sold within a radius of 750 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th June 2024, was 21, Laelia Drive, Milton Keynes, MK11 4BT, a freehold house which sold for £427,500.
Read more about house prices in MK11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 57 addresses on Laelia Drive, Fairfields, Milton Keynes, MK11, 5, Laelia Drive, Milton Keynes comes out as the 10th largest and the 12th most expensive in our analysis of the public data.
It is also £46k more expensive than the average property across the MK11 district.
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Schools Nearby
- 700mFairfields Primary School
- 1.3kmSt Mary Magdalene Catholic Primary School
- 1.5kmRussell Street School
- 1.7kmWatling Academy
- 2.0kmThe Radcliffe School
- 3.5kmThe Hazeley Academy
More reading links
Public Transport Nearby
From 5, Laelia Drive, Milton Keynes, the nearest station is Wolverton, 3.3 kilometres away.
- 3.3kmWolverton
- 4.7kmMilton Keynes Central
- 9.0kmBletchley
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
