According to the public record, 111, Pickering Drive, Milton Keynes is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 983 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Pickering Drive, Emerson Valley, Milton Keynes, MK4 is located within the MK4 postal district.
111, Pickering Drive, Milton Keynes has 31 entries in the Land Registry database, most recently in June 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 111 Pickering Drive Milton Keynes as £395,806 and the rental value as £1,487 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 111 Pickering Drive Milton Keynes has decreased by £3,599 (0.9%) and its rental value has increased by £26 per month (1.7%).
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 111, Pickering Drive, Milton Keynes is in very good condition we estimate a sale value of £415,597 and rental value of £1,561 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £368,100 and a rental value of £1,382 per month.
If you were able to purchase this property for the estimated value of £395,806, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,945 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, 111, Pickering Drive, Milton Keynes was last sold on 29 Jun 2007 for £211,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2007, the market for similar properties has risen 62.0%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 111, Pickering Drive, Milton Keynes within a radius of 720 metres over the last 2 years.
The most recent example is 107, Pickering Drive, Milton Keynes, MK4 2EQ, a Freehold house which sold for £350,000 in Sep 2021.
Read more about house prices in MK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Pickering Drive, Emerson Valley, Milton Keynes, MK4 has a total of 108 addresses. According to our analysis of all the public data, 111, Pickering Drive, Milton Keynes is the 13th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £55k more expensive than the average property in MK4.
The closest station to 111, Pickering Drive, Milton Keynes is Milton Keynes Central station which is 3.2 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 111, Pickering Drive, Milton Keynes, 47.1% of property is privately rented and 23.9% 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 111, Pickering Drive, Milton Keynes, 19.0% of residents are recorded as possessing school level qualifications and 34.3% 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 111, Pickering Drive, 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 111, Pickering Drive, Milton Keynes, 0.0% 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 111, Pickering Drive, Milton Keynes, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.