8, Laelia Drive
8, Laelia Drive
Description & Estimates
According to the public record, 8, Laelia Drive, Milton Keynes is a modern freehold house with 1,119 ft2 of internal area and sits on a 127 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Laelia Drive, Milton Keynes is £411,990 and the estimated rental value is £1,901 per month.
Laelia Drive, Fairfields, Milton Keynes, MK11 is located within the MK11 postal district.
Our Data Sources
8, Laelia Drive, Milton Keynes has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated December 2018.
We combine this information with that 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.
Price Range & Condition
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 8, Laelia Drive, Milton Keynes is in very good condition we estimate a sale value of £432,589 and a rental value of £1,996 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £383,151 and a rental value of £1,768 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Laelia Drive, Milton Keynes has increased by £606 (0.1%), while its estimated rental value has grown by £55 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Plot Size
According to data from HM Land Registry, 8, Laelia Drive, Milton Keynes sits on a plot of 127 m2.
We have plot size data on 7 out of 7 other houses in the postcode and 8, Laelia Drive, Milton Keynes sits on the 6th largest plot.
Energy Efficiency
8, Laelia Drive, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 10 Dec 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
According to HM Land Registry, 8, Laelia Drive, Milton Keynes was last sold on 1st November 2019 for £353,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has risen by 20.2%.
- Sold Nov 2019£353,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Laelia Drive, Milton Keynes within a radius of 760 metres over the last 2 years.
The most recent example is 21, Laelia Drive, Milton Keynes, MK11 4BT, a freehold house which sold for £427,500 on the 6th June 2024.
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
Laelia Drive, Fairfields, Milton Keynes, MK11 has a total of 57 addresses. According to our analysis of all the public data, 8, Laelia Drive, Milton Keynes is the 13th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £51k more expensive than the average property in MK11.
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Schools Nearby
- 700mFairfields Primary School
- 1.3kmSt Mary Magdalene Catholic Primary School
- 1.5kmWatling Primary School
- 1.7kmWatling Academy
- 1.9kmThe Radcliffe School
- 3.4kmThe Hazeley Academy
More reading links
Public Transport Nearby
The closest station to 8, Laelia Drive, Milton Keynes is Wolverton station, which is 3.3 kilometres away.
- 3.3kmWolverton
- 4.6kmMilton Keynes Central
- 8.9kmBletchley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
