According to the public record, 63A, Wolverton Road, Milton Keynes is a period leasehold apartment with 764 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
The apartment is in 63, Wolverton Road, Stony Stratford, Milton Keynes, MK11.
Wolverton Road, Stony Stratford, Milton Keynes, MK11 is located within the MK11 postal district.
63A, Wolverton Road, Milton Keynes has a single entry in the Land Registry database from January 2022 and a single entry in the EPC database dated November 2018.
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 63A Wolverton Road Milton Keynes as £217,149 and the rental value as £1,316 per month giving an expected gross yield of 7.3%.
Over the last 12 months the sale value of 63A Wolverton Road Milton Keynes has decreased by £2,072 (1.0%) and its rental value has increased by £25 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 63A, Wolverton Road, Milton Keynes is in very good condition we estimate a sale value of £228,006 and rental value of £1,382 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £201,948 and a rental value of £1,224 per month.
If you were able to purchase this property for the estimated value of £217,149, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,067 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, 63A, Wolverton Road, Milton Keynes was last sold on 21 Jan 2022 for £207,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jan 2022, the market for similar properties has risen 1.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 63A, Wolverton Road, Milton Keynes within a radius of 610 metres over the last 2 years.
The most recent example is Flat 1, 6, London Road, Milton Keynes, MK11 1JN, a Leasehold flat which sold for £155,000 in Oct 2019.
Read more about house prices in MK11.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wolverton Road, Stony Stratford, Milton Keynes, MK11 has a total of 131 addresses. According to our analysis of all the public data, 63A, Wolverton Road, Milton Keynes is the 105th largest and the 126th most expensive property on the street.
When compared to the postcode district it is £120k less expensive than the average property in MK11.
63A, Wolverton Road, Milton Keynes has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 22 Nov 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 63A, Wolverton Road, 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 63A, Wolverton Road, Milton Keynes, 48.3% of property is privately rented and 30.8% 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 63A, Wolverton Road, Milton Keynes, 10.7% of residents are recorded as possessing school level qualifications and 44.9% 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 63A, Wolverton Road, Milton Keynes, the average age was 40.8 and the most common age was 37.
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 63A, Wolverton Road, Milton Keynes, 0.4% 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 63A, Wolverton Road, 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.