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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
56A, Magenta Close, Milton Keynes is described in the public record as a modern house with 495 ft2 of internal area, sitting on a 147 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 56A, Magenta Close, Milton Keynes is £205,105 and its rental estimate is £1,099 per month, given the available information and assuming reasonable condition.
Magenta Close, Bletchley, Milton Keynes, MK2 falls within the MK2 postal district.
56A, Magenta Close, Milton Keynes has no records in the the Land Registry and a single entry in the EPC database dated December 2016.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
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 56A, Magenta Close, Milton Keynes, we estimate a market value of £215,361 and a rental value of £1,154 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £190,748 and £1,022 per month respectively.
Over the last year, 56A, Magenta Close, Milton Keynes has seen its estimated sale value move up by £2,424 (1.2%) and its estimated rental value increase by £46 per month (4.1%). This results in an estimated gross rental yield of 6.4%.
HM Land Registry records the plot of land for 56A, Magenta Close, Milton Keynes as measuring 147 m2.
That makes it the 14th largest plot in the postcode, where 21 of the 29 other houses have recorded plot data.
56A, Magenta Close, Milton Keynes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 13 Dec 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 3 properties similar to 56A, Magenta Close, Milton Keynes have sold within a radius of 590 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 18th March 2021, was 12, Appleby Heath, Milton Keynes, MK2 3EH, a freehold house which sold for £190,000.
Read more about house prices in MK2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 54 addresses on Magenta Close, Bletchley, Milton Keynes, MK2, 56A, Magenta Close, Milton Keynes comes out as the 54th largest and the 54th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the MK2 district.
From 56A, Magenta Close, Milton Keynes, the nearest station is Bletchley, 1.3 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 56A, Magenta Close, Milton Keynes, 35.8% of property is privately owned with a mortgage and 26.7% is socially rented.
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 56A, Magenta Close, Milton Keynes, 29.7% of residents are recorded as possessing school level qualifications and 18.0% 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 56A, Magenta Close, 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 56A, Magenta Close, 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 56A, Magenta Close, Milton Keynes, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
