According to the public record, 10, Challacombe, Milton Keynes is a leasehold apartment.
By comparing it to neighbours, we estimate that it is a modern apartment with 559 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Challacombe, Furzton, Milton Keynes, MK4 is located within the MK4 postal district.
10, Challacombe, Milton Keynes has 31 entries in the Land Registry database, most recently in August 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 10 Challacombe Milton Keynes as £181,995 and the rental value as £943 per month giving an expected gross yield of 6.2%.
Over the last 12 months the sale value of 10 Challacombe Milton Keynes has increased by £614 (0.3%) and its rental value has increased by £28 per month (2.9%).
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 10, Challacombe, Milton Keynes is in very good condition we estimate a sale value of £191,094 and rental value of £990 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £169,255 and a rental value of £877 per month.
If you were able to purchase this property for the estimated value of £181,995, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £894 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 HM Land Registry, 10, Challacombe, Milton Keynes was last sold on 31 Aug 2007 for £59,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since Aug 2007, the market for similar properties has risen 37.1%
According to the Land Registry and our network of Estate Agents, there have been 2 sales of properties similar to 10, Challacombe, Milton Keynes within a radius of 590 metres over the last 2 years.
The most recent example is 10, Nairn Court, Milton Keynes, MK3 7SY, a Leasehold flat which sold for £170,000 in Feb 2017.
Read more about house prices in MK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Challacombe, Furzton, Milton Keynes, MK4 has a total of 73 addresses. According to our analysis of all the public data, 10, Challacombe, Milton Keynes is the 46th largest and the 72nd most expensive property on the street.
When compared to the postcode district it is £159k less expensive than the average property in MK4.
The closest station to 10, Challacombe, Milton Keynes is Bletchley station which is 2.2 kilometres 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 10, Challacombe, Milton Keynes, 34.8% of property is privately rented and 25.2% is privately owned with a mortgage.
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 10, Challacombe, Milton Keynes, 19.3% of residents are recorded as possessing school level qualifications and 31.1% 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 10, Challacombe, Milton Keynes, 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 10, Challacombe, Milton Keynes, 1.3% 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 10, Challacombe, Milton Keynes, 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.