According to the public record, 2, Magpie Close, Milton Keynes is a modern freehold house with 925 ft2 of internal area and sits on a 243 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Magpie Close, Shenley Brook End, Milton Keynes, MK5 is located within the MK5 postal district.
2, Magpie Close, Milton Keynes has 31 entries in the Land Registry database, most recently in March 2016 and a single entry in the EPC database dated June 2014.
We combine this information with that 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 2 Magpie Close Milton Keynes as £371,639 and the rental value as £1,806 per month giving an expected gross yield of 5.8%.
Over the last 12 months the sale value of 2 Magpie Close Milton Keynes has decreased by £2,450 (0.7%) and its rental value has increased by £46 per month (2.5%).
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 2, Magpie Close, Milton Keynes is in very good condition we estimate a sale value of £390,221 and rental value of £1,896 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £345,624 and a rental value of £1,679 per month.
If you were able to purchase this property for the estimated value of £371,639, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,826 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 data from HM Land Registry, 2, Magpie Close, Milton Keynes sits on a plot of 243m2.
We have plot size data on 10 out of 13 other houses in the postcode and 2, Magpie Close, Milton Keynes sits on the 3rd largest plot.
According to HM Land Registry, 2, Magpie Close, Milton Keynes was last sold on 31 Mar 2016 for £275,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Mar 2016, the market for similar properties has risen 18.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Magpie Close, Milton Keynes within a radius of 640 metres over the last 2 years.
The most recent example is 15, Chalwell Ridge, Milton Keynes, MK5 7HN, a Freehold house which sold for £361,500 in May 2021.
Read more about house prices in MK5.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Magpie Close, Shenley Brook End, Milton Keynes, MK5 has a total of 13 addresses. According to our analysis of all the public data, 2, Magpie Close, Milton Keynes is the 2nd largest and the 2nd most expensive property on the street.
When compared to the postcode district it is £58k less expensive than the average property in MK5.
2, Magpie Close, Milton Keynes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Jun 2014.
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 2, Magpie Close, Milton Keynes is Milton Keynes Central station which is 2.5 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 2, Magpie Close, Milton Keynes, 37.6% of property is privately owned outright and 29.9% 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 2, Magpie Close, Milton Keynes, 16.9% of residents are recorded as possessing school level qualifications and 42.4% 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 2, Magpie Close, 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 2, Magpie Close, Milton Keynes, 1.0% 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 2, Magpie Close, Milton Keynes, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.