According to the public record, 27, Raft Way, Milton Keynes is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,242 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Raft Way, Oxley Park, Milton Keynes, MK4 is located within the MK4 postal district.
27, Raft Way, Milton Keynes has a single entry in the Land Registry database from June 2008 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 27 Raft Way Milton Keynes as £450,480 and the rental value as £1,672 per month giving an expected gross yield of 4.5%.
Over the last 12 months the sale value of 27 Raft Way Milton Keynes has decreased by £5,166 (1.1%) and its rental value has increased by £29 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 27, Raft Way, Milton Keynes is in very good condition we estimate a sale value of £473,004 and rental value of £1,756 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £418,947 and a rental value of £1,555 per month.
If you were able to purchase this property for the estimated value of £450,480, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,214 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, 27, Raft Way, Milton Keynes was last sold on 27 Jun 2008 for £280,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Jun 2008, the market for similar properties has risen 82.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 27, Raft Way, Milton Keynes within a radius of 57m over the last 2 years.
The most recent example is 20, Lockhart Avenue, Milton Keynes, MK4 4TY, a Freehold house which sold for £400,000 in Feb 2024.
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, 27, Raft Way, Milton Keynes is the 28th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £110k more expensive than the average property in MK4.
The closest station to 27, 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 27, 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 27, 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 27, 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 27, 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 27, 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.