Water Mill, Milton Keynes
Water Mill, Milton Keynes
Description & Estimates
According to the public record, Water Mill, Milton Keynes is a modern freehold house with 3,433 ft2 of internal area and sits on a 1,214 m2 plot.
Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Water Mill, Milton Keynes is £802,397 and the estimated rental value is £2,754 per month.
Mill Road, Bletchley, Milton Keynes, MK2 is located within the MK2 postal district.
Our Data Sources
Water Mill, Milton Keynes has 21 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 Water Mill, Milton Keynes is in very good condition we estimate a sale value of £842,517 and a rental value of £2,891 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £746,229 and a rental value of £2,561 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Water Mill, Milton Keynes has declined by £3,003 (0.4%), while its estimated rental value has climbed by £61 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.1%.
Plot Size
According to data from HM Land Registry, Water Mill, Milton Keynes sits on a plot of 1,214 m2.
We have plot size data on 4 out of 4 other houses in the postcode and Water Mill, Milton Keynes sits on the 4th largest plot.
Energy Efficiency
Water Mill, Milton Keynes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Mar 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, dual fuel (mineral and wood).
Sold Prices
According to HM Land Registry, Water Mill, Milton Keynes was last sold on 23rd August 2022 for £830,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2022, the market for similar properties has risen by 8.8%.
- Sold Aug 2022£830,000
- Sold Jun 2001£418,000
Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within 820 metres of Water Mill, Milton Keynes over the last 2 years.
The most recent example is 67, Mill Road, Milton Keynes, MK2 2LE, a freehold house which sold for £415,000 on the 25th March 2022.
Read more about house prices in MK2.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Mill Road, Bletchley, Milton Keynes, MK2 has a total of 62 addresses. According to our analysis of all the public data, Water Mill, Milton Keynes is the largest and the most expensive property on the street.
When compared to the postcode district it is £504k more expensive than the average property in MK2.
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Schools Nearby
- 600mThe Premier Academy
- 900mBishop Parker Catholic School
- 1.0kmDrayton Park School
- 1.2kmLift Sir Herbert Leon
- 2.7kmLord Grey Academy
- 4.1kmWalton High
More reading links
Public Transport Nearby
The closest station to Water Mill, Milton Keynes is Fenny Stratford station, which is 1.4 kilometres away.
- 1.4kmFenny Stratford
- 1.7kmBletchley
- 2.3kmBow Brickhill
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be high.
