According to the public record, 5, Ceres Grove, Milton Keynes is a modern freehold house with 1,442 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Ceres Grove, Fairfields, Milton Keynes, MK11 is located within the MK11 postal district.
5, Ceres Grove, Milton Keynes has a single entry in the Land Registry database from March 2021 and a single entry in the EPC database dated February 2021.
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 good condition, we estimate the current sale value for 5 Ceres Grove Milton Keynes as £545,191 and the rental value as £1,844 per month giving an expected gross yield of 4.1%.
Over the last 12 months the sale value of 5 Ceres Grove Milton Keynes has decreased by £5,255 (1.0%) and its rental value has increased by £36 per month (1.9%).
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 5, Ceres Grove, Milton Keynes is in very good condition we estimate a sale value of £572,451 and rental value of £1,936 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £507,028 and a rental value of £1,715 per month.
If you were able to purchase this property for the estimated value of £545,191, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,679 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, 5, Ceres Grove, Milton Keynes was last sold on 19 Mar 2021 for £536,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since Mar 2021, the market for similar properties has risen 5.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Ceres Grove, Milton Keynes within a radius of 620 metres over the last 2 years.
The most recent example is 6, Ceres Grove, Milton Keynes, MK11 4DQ, a Freehold house which sold for £538,995 in May 2021.
Read more about house prices in MK11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ceres Grove, Fairfields, Milton Keynes, MK11 has a total of 13 addresses. According to our analysis of all the public data, 5, Ceres Grove, Milton Keynes is the 8th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £208k more expensive than the average property in MK11.
5, Ceres Grove, Milton Keynes has an Energy Performance Rating (EPC) of A. This is based on the most recent assessment, dated 24 Feb 2021.
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 5, Ceres Grove, Milton Keynes is Wolverton station which is 3.1 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 5, Ceres Grove, Milton Keynes, 35.5% of property is socially rented and 29.8% 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 5, Ceres Grove, Milton Keynes, 30.7% of residents are recorded as possessing school level qualifications and 22.2% 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 5, Ceres Grove, Milton Keynes, the average age was 35.1 and the most common age was 32.
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 5, Ceres Grove, 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 5, Ceres Grove, 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.