According to the public record, 1, Raft Way, Milton Keynes is a modern apartment with 622 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Raft Way, Oxley Park, Milton Keynes, MK4 is located within the MK4 postal district.
1, Raft Way, Milton Keynes has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 1 Raft Way Milton Keynes as £203,845 and the rental value as £1,008 per month giving an expected gross yield of 5.9%.
Over the last 12 months the sale value of 1 Raft Way Milton Keynes has increased by £88 (0.0%) and its rental value has increased by £30 per month (3.0%).
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 1, Raft Way, Milton Keynes is in very good condition we estimate a sale value of £214,037 and rental value of £1,058 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £189,576 and a rental value of £937 per month.
If you were able to purchase this property for the estimated value of £203,845, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,002 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Raft Way, Milton Keynes within a radius of 184m over the last 2 years.
The most recent example is 128, Fonda Meadows, Milton Keynes, MK4 4JQ, a Leasehold flat which sold for £230,000 in Jun 2023.
Read more about house prices in MK4.
Raft Way, Oxley Park, Milton Keynes, MK4 has a total of 43 addresses. According to our analysis of all the public data, 1, Raft Way, Milton Keynes is the 40th largest and the 40th most expensive property on the street.
When compared to the postcode district it is £137k less expensive than the average property in MK4.
1, Raft Way, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 May 2009.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 1, Raft Way, Milton Keynes 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 1, Raft Way, Milton Keynes, 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 1, Raft Way, Milton Keynes, 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 1, Raft Way, Milton Keynes, 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 1, Raft Way, Milton Keynes, 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 1, Raft Way, Milton Keynes, 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.