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Company No. 11113204
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According to the public record, 7, Phelps Road, Milton Keynes is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,298 ft2 of internal area and sits on a 173 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Phelps Road, Milton Keynes is £379,861 and the estimated rental value is £1,709 per month.
Phelps Road, Bletchley, Milton Keynes, MK2 is located within the MK2 postal district.
7, Phelps Road, Milton Keynes has a single entry in the Land Registry from May 2010 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.
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 7, Phelps Road, Milton Keynes is in very good condition we estimate a sale value of £398,854 and a rental value of £1,795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,271 and a rental value of £1,589 per month.
Over the last 12 months the sale value of 7 Phelps Road Milton Keynes has decreased by an estimated £1,285 (0.3%) and its rental value has increased by an estimated £42 per month (2.4%), giving an expected gross yield of 5.4%.
According to data from HM Land Registry, 7, Phelps Road, Milton Keynes sits on a plot of 173m2.
We have plot size data on 13 out of 15 other houses in the postcode and 7, Phelps Road, Milton Keynes sits on the 5th largest plot.
According to HM Land Registry, 7, Phelps Road, Milton Keynes was last sold on 12th May 2010 for £237,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2010, the market for similar properties has risen 217.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Phelps Road, Milton Keynes within a radius of 710 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.
Phelps Road, Bletchley, Milton Keynes, MK2 has a total of 17 addresses. According to our analysis of all the public data, 7, Phelps Road, Milton Keynes is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £82k more expensive than the average property in MK2.
The closest station to 7, Phelps Road, 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 7, Phelps Road, 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 7, Phelps Road, 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 7, Phelps Road, 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 7, Phelps Road, 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 7, Phelps Road, 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.
