MK4 1AQ is a residential postcode located on Favell Drive, Furzton, Milton Keynes, MK4. It is the 788th largest postcode in the MK4 area.
It contains 20 houses and the most common type of property is a mid-century house built between 1936 and 1979.
The average house value is £299,232. Sales values have decreased in the last 12 months by 0.8% and Rental values have increased by 2.3%.
Property sale values range from £277,703 for a freehold house, with 2 bedrooms split across 689 square feet of gross internal area and has a garden to £360,759 for a freehold house, with 4 bedrooms split across 1,191 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK4 1AQ is £399/ft2.
Properties achieve a rental yield of between 5.3% and 5.4%, and rental values range from £1,236 to £1,590 per month.
The last sale was 28 Nov 2022 for £300,000 and since then the market in the area as increased by -3.6%. The postcode has had a total of 4 sales since 1995.
MK4 1AQ has seen 1 sale in the last three years and no sales in the last twelve months.
MK4 1AQ is the 788th largest and the 459th most expensive postcode out of the 1,194 postcodes in the MK4 area.
MK4 1AQ is a residential postcode located on Favell Drive, Furzton, Milton Keynes, MK4 with 20 houses within its bounds.
The most common property type in MK4 1AQ is a mid-century house built between 1936 and 1979.
The homes are generally mid-century in style with the most common Energy Performance Certificate (EPC) rating being D.
The closest station to MK4 1AQ is Bletchley station which is 2.1 km away.
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 MK4 1AQ, 32.0% of property is privately owned with a mortgage and 28.7% is privately owned outright.
The graph below shows how this compares to Greater London 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 MK4 1AQ, 17.5% of residents are recorded as possessing school level qualifications and 27.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around MK4 1AQ, the average age was 39 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 MK4 1AQ, 0.3% 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 MK4 1AQ, 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.