According to the public record, 25, Favell Drive, Milton Keynes is a modern freehold house and with 1,065 ft2 of internal area and sits on a 281 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Favell Drive, Furzton, Milton Keynes, MK4 is located within the MK4 postal district.
25, Favell Drive, Milton Keynes has 21 entries in the Land Registry database, most recently in August 2020 and no records in the EPC database.
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 25 Favell Drive Milton Keynes as £379,626 and the rental value as £1,603 per month giving an expected gross yield of 5.1%.
Over the last 12 months the sale value of 25 Favell Drive Milton Keynes has decreased by £3,451 (0.9%) and its rental value has increased by £36 per month (2.2%).
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 25, Favell Drive, Milton Keynes is in very good condition we estimate a sale value of £398,607 and rental value of £1,683 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,052 and a rental value of £1,491 per month.
If you were able to purchase this property for the estimated value of £379,626, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,866 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, 25, Favell Drive, Milton Keynes sits on a plot of 281m2.
We have plot size data on 13 out of 15 other houses in the postcode and 25, Favell Drive, Milton Keynes sits on the 3rd largest plot.
According to HM Land Registry, 25, Favell Drive, Milton Keynes was last sold on 14 Aug 2020 for £325,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since Aug 2020, the market for similar properties has risen 11.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 25, Favell Drive, Milton Keynes within a radius of 68m over the last 2 years.
The most recent example is 4, Grasscroft, Milton Keynes, MK4 1AS, a Freehold house which sold for £320,000 in Jan 2022.
Read more about house prices in MK4.
Favell Drive, Furzton, Milton Keynes, MK4 has a total of 172 addresses. According to our analysis of all the public data, 25, Favell Drive, Milton Keynes is the 36th largest and the 10th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in MK4.
25, Favell Drive, Milton Keynes has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Oct 2019.
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 25, Favell Drive, Milton Keynes is Bletchley station which is 2.2 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 25, Favell Drive, Milton Keynes, 43.2% of property is privately owned outright and 26.4% 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 25, Favell Drive, Milton Keynes, 19.4% of residents are recorded as possessing school level qualifications and 37.2% 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 25, Favell Drive, 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 25, Favell Drive, Milton Keynes, 1.5% 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 25, Favell 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.