According to the public record, 8, Birchen Lee, Milton Keynes is a mid-century freehold house with 731 ft2 of internal area and sits on a 119 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Birchen Lee, Emerson Valley, Milton Keynes, MK4 is located within the MK4 postal district.
8, Birchen Lee, Milton Keynes has 31 entries in the Land Registry database, most recently in June 2019 and a single entry in the EPC database dated April 2012.
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 8 Birchen Lee Milton Keynes as £316,290 and the rental value as £1,273 per month giving an expected gross yield of 4.8%.
Over the last 12 months the sale value of 8 Birchen Lee Milton Keynes has decreased by £3,234 (1.0%) and its rental value has increased by £19 per month (1.5%).
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 8, Birchen Lee, Milton Keynes is in very good condition we estimate a sale value of £332,104 and rental value of £1,336 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £294,149 and a rental value of £1,184 per month.
If you were able to purchase this property for the estimated value of £316,290, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,554 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, 8, Birchen Lee, Milton Keynes sits on a plot of 119m2.
We have plot size data on 24 out of 32 other houses in the postcode and 8, Birchen Lee, Milton Keynes sits on the 22nd largest plot.
According to HM Land Registry, 8, Birchen Lee, Milton Keynes was last sold on 28 Jun 2019 for £313,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since Jun 2019, the market for similar properties has risen 16.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Birchen Lee, Milton Keynes within a radius of 640 metres over the last 2 years.
The most recent example is 4, Birchen Lee, Milton Keynes, MK4 2JX, a Freehold house which sold for £260,000 in Jun 2023.
Read more about house prices in MK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Birchen Lee, Emerson Valley, Milton Keynes, MK4 has a total of 32 addresses. According to our analysis of all the public data, 8, Birchen Lee, Milton Keynes is the 23rd largest and the 26th most expensive property on the street.
When compared to the postcode district it is £24k less expensive than the average property in MK4.
8, Birchen Lee, Milton Keynes has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 03 Apr 2012.
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 8, Birchen Lee, Milton Keynes is Bletchley station which is 2.7 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 8, Birchen Lee, Milton Keynes, 25.4% of property is privately rented and 23.9% 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 8, Birchen Lee, Milton Keynes, 27.3% of residents are recorded as possessing school level qualifications and 38.4% 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 8, Birchen Lee, Milton Keynes, the average age was 35.6 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 8, Birchen Lee, Milton Keynes, 1.4% 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 8, Birchen Lee, 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.