Average Price for property in Faraday Drive, Shenley Lodge, Milton Keynes, MK5 is around £323,410 which varies based on type of property you are interested in and ranges from £406,750 for detached house to around £257,147 for semi-detached. Similarly terraced house is around £234,974 and a flat is worth £68,496. Values have been changing and have risen £2,055 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,885 in last 6 months, £26,262 in last 1 year, £45,632 in last 2 years, £50,238 in last 3 years, £44,834 in last 4 years and £52,655 in last 5 years.
Currently average asking price of a property in Faraday Drive, Shenley Lodge, Milton Keynes, MK5 is around £406,017 based on approximately 3 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £1,940 per month.
Estimated property value in Faraday Drive, Shenley Lodge, Milton Keynes, MK5 is £323,410. Average asking price is £406,017 while average price paid is £259,166 which is up by £26,262 and Avg. asking rent £1,940.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Faraday Drive, Shenley Lodge, Milton Keynes, MK5 area. In last 1 year alone average price buyer paid is around £259,166 based on approximately 3 sales in Faraday Drive, Shenley Lodge, Milton Keynes, MK5 area alone. If you compare it to last 3 years sales of 14 properties where buyers paid around £247,678. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £243,809 for 21 and average amount paid for purchase of approx. 31 properties sold in last 7 years comes to about £235,273 per sale.