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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record describes 7, Mill Lane, Milton Keynes as a period house with 4,294 ft2 of internal area, sitting on a 822 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
7, Mill Lane, Milton Keynes has an estimated sale value of £1,298,264 and an estimated rental value of £3,717 per month, assuming reasonable condition and based on the information available.
Mill Lane, Woolstone, Milton Keynes, MK15 lies within the MK15 postal district.
7, Mill Lane, Milton Keynes has no recent1 records in the the Land Registry and a single entry in the EPC database dated July 2023.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate 7, Mill Lane, Milton Keynes would be worth £1,363,177, with a potential rental value of £3,902 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £1,207,386, with a rental value of £3,456 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Mill Lane, Milton Keynes has decreased by £5,053 (0.4%) over the last year. During the same period, its estimated monthly rental value has grown by £93 (2.5%). The property's estimated gross yield is currently 3.4%.
7, Mill Lane, Milton Keynes occupies a 822 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 4th largest.
7, Mill Lane, Milton Keynes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 10 Jul 2023.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
7, Mill Lane, Milton Keynes last changed hands on 16th April 2004, selling for £500,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 850 metres of 7, Mill Lane, Milton Keynes across the last 2 years.
Most recently, 7, Wilford Close, Milton Keynes, MK15 0HA, a freehold house, sold at £1,120,000 on the 22nd October 2015.
Read more about house prices in MK15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Mill Lane, Milton Keynes as the largest and the most expensive of the 14 addresses on Mill Lane, Woolstone, Milton Keynes, MK15.
Against the MK15 postcode district average, it is £902k more expensive than the typical property.
Milton Keynes Central station is the nearest stop to 7, Mill Lane, Milton Keynes at 3.5 kilometres away.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Mill Lane, Milton Keynes, 50.8% of property is privately owned outright and 31.5% 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 7, Mill Lane, Milton Keynes, 13.8% of residents are recorded as possessing school level qualifications and 44.6% 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 7, Mill Lane, Milton Keynes, the average age was 37.1 and the most common age was 42.
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 7, Mill Lane, Milton Keynes, 0.4% 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 7, Mill Lane, Milton Keynes, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
