According to the public record, 8, Wenning Lane, Milton Keynes is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,390 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Wenning Lane, Emerson Valley, Milton Keynes, MK4 is located within the MK4 postal district.
8, Wenning Lane, Milton Keynes has 21 entries in the Land Registry database, most recently in September 2006 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 8 Wenning Lane Milton Keynes as £473,368 and the rental value as £1,639 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of 8 Wenning Lane Milton Keynes has decreased by £8,021 (1.7%) and its rental value has increased by £13 per month (0.8%).
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, Wenning Lane, Milton Keynes is in very good condition we estimate a sale value of £497,037 and rental value of £1,721 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £440,232 and a rental value of £1,524 per month.
If you were able to purchase this property for the estimated value of £473,368, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,326 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, 8, Wenning Lane, Milton Keynes was last sold on 07 Sep 2006 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Wenning Lane, Milton Keynes within a radius of 710 metres over the last 2 years.
The most recent example is 6, Gundale Court, Milton Keynes, MK4 2JT, a Freehold house which sold for £460,000 in Jul 2024.
Read more about house prices in MK4.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wenning Lane, Emerson Valley, Milton Keynes, MK4 has a total of 45 addresses. According to our analysis of all the public data, 8, Wenning Lane, Milton Keynes is the 9th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £133k more expensive than the average property in MK4.
The closest station to 8, Wenning Lane, Milton Keynes is Milton Keynes Central station which is 3.3 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, Wenning Lane, Milton Keynes, 55.0% of property is privately owned with a mortgage and 27.5% is privately owned outright.
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, Wenning Lane, Milton Keynes, 25.7% of residents are recorded as possessing school level qualifications and 46.8% 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, Wenning Lane, 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, Wenning Lane, Milton Keynes, 1.6% 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, Wenning Lane, Milton Keynes, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.