MK4 4TW is a residential postcode located on Raft Way, Oxley Park, Milton Keynes, MK4. It is the 956th largest postcode in the MK4 area.
It contains 27 residential addresses consisting of 21 houses and 6 flats and the most common type of property is a modern house built after 1980.
The average house value is £445,515. 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 £203,086 for a leasehold flat, with 2 bedrooms split across 615 square feet of gross internal area and has no outside space to £575,902 for a freehold house, with 5 bedrooms split across 1,937 square feet of gross internal area and has a garden.
Average £/ft2 for properties in MK4 4TW is £339/ft2.
Properties achieve a rental yield of between 4% and 5.9%, and rental values range from £1,004 to £1,915 per month.
MK4 4TW is the 956th largest and the 979th most expensive postcode out of the 1,194 postcodes in the MK4 area.
MK4 4TW is a residential postcode located on Raft Way, Oxley Park, Milton Keynes, MK4 with 21 houses and 6 flats within its bounds.
The most common property type in MK4 4TW 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 4TW 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 4TW, 51.4% of property is privately owned with a mortgage and 21.9% is socially 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 4TW, 34.4% of residents are recorded as possessing school level qualifications and 45.9% 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 4TW, 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 4TW, 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 4TW, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.