According to the public record, 47, Welchman Court, Milton Keynes is a modern freehold house and with 968 ft2 of internal area and sits on a 242 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Welchman Court, Bletchley, Milton Keynes, MK3 is located within the MK3 postal district.
47, Welchman Court, Milton Keynes has a single entry in the Land Registry database from December 2014 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 47 Welchman Court Milton Keynes as £356,113 and the rental value as £1,484 per month giving an expected gross yield of 5%.
Over the last 12 months the sale value of 47 Welchman Court Milton Keynes has decreased by £3,034 (0.9%) and its rental value has increased by £34 per month (2.3%).
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 47, Welchman Court, Milton Keynes is in very good condition we estimate a sale value of £373,919 and rental value of £1,558 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,185 and a rental value of £1,380 per month.
If you were able to purchase this property for the estimated value of £356,113, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,750 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, 47, Welchman Court, Milton Keynes sits on a plot of 242m2.
We have plot size data on 35 out of 35 other houses in the postcode and 47, Welchman Court, Milton Keynes sits on the 12th largest plot.
According to HM Land Registry, 47, Welchman Court, Milton Keynes was last sold on 19 Dec 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Dec 2014, the market for similar properties has risen 40.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 47, Welchman Court, Milton Keynes within a radius of 127m over the last 2 years.
The most recent example is 41, Welchman Court, Milton Keynes, MK3 6FL, a Freehold house which sold for £342,500 in Jul 2023.
Read more about house prices in MK3.
Welchman Court, Bletchley, Milton Keynes, MK3 has a total of 35 addresses. According to our analysis of all the public data, 47, Welchman Court, Milton Keynes is the 23rd largest and the 23rd most expensive property on the street.
When compared to the postcode district it is £15k more expensive than the average property in MK3.
47, Welchman Court, Milton Keynes has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 08 Dec 2014.
The property is not connected to mains gas and has high performance glazing. It is heated using a boiler and radiators.
The closest station to 47, Welchman Court, Milton Keynes is Bletchley station which is 200 m 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 47, Welchman Court, Milton Keynes, 33.2% of property is socially rented and 30.9% 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 47, Welchman Court, Milton Keynes, 24.0% of residents are recorded as possessing school level qualifications and 36.4% 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 47, Welchman Court, Milton Keynes, the average age was 41.6 and the most common age was 52.
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 47, Welchman Court, 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 47, Welchman Court, Milton Keynes, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.