MK4 4ER is a residential postcode located on Lockwood Chase, Oxley Park, Milton Keynes, MK4. It is the 1083rd largest postcode in the MK4 area.
It contains 37 residential addresses consisting of 31 houses and 6 flats and the most common type of property is a modern house built after 1980.
The average house value is £466,904. Sales values have decreased in the last 12 months by 1.1% and Rental values have increased by 1.7%.
Property sale values range from £225,449 for a leasehold flat, with 2 bedrooms split across 635 square feet of gross internal area and has no outside space to £680,522 for a freehold house, with 5 bedrooms split across 2,357 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK4 4ER is £349/ft2.
Properties achieve a rental yield of between 3.7% and 6%, and rental values range from £1,088 to £2,118 per month.
The last sale was 07 Jul 2023 for £443,000 and since then the market in the area as increased by -1.5%. The postcode has had a total of 4 sales since 1995.
MK4 4ER has seen 3 sales in the last three years and no sales in the last twelve months.
MK4 4ER is the 1083rd largest and the 1019th most expensive postcode out of the 1,194 postcodes in the MK4 area.
MK4 4ER is a residential postcode located on Lockwood Chase, Oxley Park, Milton Keynes, MK4 with 31 houses and 6 flats within its bounds.
The most common property type in MK4 4ER is a modern house built after 1980.
The homes are generally modern in style with the most common Energy Performance Certificate (EPC) rating being C.
The closest station to MK4 4ER is Milton Keynes Central station which is 3.9 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 4ER, 65.8% of property is privately owned with a mortgage and 21.7% is privately rented.
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 4ER, 32.3% of residents are recorded as possessing school level qualifications and 51.2% 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 4ER, the average age was 35.1 and the most common age was 47.
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 4ER, 0.5% 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 4ER, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.