5, Wreschner Close
5, Wreschner Close
Description & Estimates
5, Wreschner Close, Milton Keynes appears in the public record as a leasehold apartment.
We estimate it to be a modern apartment with 741 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 5, Wreschner Close, Milton Keynes is £278,841 and its rental estimate is £1,144 per month, given the available information and assuming reasonable condition.
Wreschner Close, Deanshanger, Milton Keynes, MK19 falls within the MK19 postal district.
Our Data Sources
5, Wreschner Close, Milton Keynes has 2 entries in the Land Registry , most recently in April 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Wreschner Close, Milton Keynes, we estimate a market value of £292,783 and a rental value of £1,201 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,322 and £1,064 per month respectively.
Recent Market Change
Over the last year, 5, Wreschner Close, Milton Keynes has seen its estimated sale value climb by £597 (0.2%) and its estimated rental value rise by £45 per month (3.9%). This results in an estimated gross rental yield of 4.9%.
Sold Prices
The most recent sale of 5, Wreschner Close, Milton Keynes completed on 26th April 2018 at £300,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have dropped by 24.7% over the period since April 2018.
- Sold Apr 2018£300,000
- Sold May 2015£290,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Wreschner Close, Milton Keynes have sold within a radius of 1.7 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th September 2021, was 7, Manor Close, Milton Keynes, MK19 6GX, a leasehold flat which sold for £260,000.
Read more about house prices in MK19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 12 addresses on Wreschner Close, Deanshanger, Milton Keynes, MK19, 5, Wreschner Close, Milton Keynes comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £116k less expensive than the average property across the MK19 district.
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Schools Nearby
- 400mDeanshanger Primary School
- 1.5kmOld Stratford Primary School
- 2.3kmRussell Street School
- 4.2kmThe Radcliffe School
- 4.5kmWatling Academy
- 6.0kmThe Hazeley Academy
More reading links
Public Transport Nearby
From 5, Wreschner Close, Milton Keynes, the nearest station is Wolverton, 5.6 kilometres away.
- 5.6kmWolverton
- 7.6kmMilton Keynes Central
- 11.4kmWinslow
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.
