Peers Lane, Shenley Church End, Milton Keynes, MK5

Street Guide For Peers Lane, Shenley Church End, Milton Keynes, MK5

 
 

Peers Lane, Shenley Church End, Milton Keynes, MK5 Map

Estimated Price: £106,957
Average Asking Price: £398,253
Price change in last one year: £8,556
Average Price Paid: £74,500
Average Rent Rates: £1,901

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21 Shenley Pavilions, Chalkdell Drive, Shenley Woo

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Property Prices Breakdown in Peers Lane, Shenley Church End, Milton Keynes, MK5

Average Price for property in Peers Lane, Shenley Church End, Milton Keynes, MK5 is around £106,957 which varies based on type of property you are interested in and ranges from £345,703 for detached house to around £79,154 for semi-detached. Similarly terraced house is around £63,069 and a flat is worth £47,289. Values have been changing and have risen £670 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £1,918 in last 6 months, £8,556 in last 1 year, £14,868 in last 2 years, £16,372 in last 3 years, £14,618 in last 4 years and £17,167 in last 5 years.

Currently average asking price of a property in Peers Lane, Shenley Church End, Milton Keynes, MK5 is around £398,253 based on approximately 0 properties for sale. Same is the case with rental options based on 40 properties up for rent, average asking rent is around £1,901 per month.

Estimated property value in Peers Lane, Shenley Church End, Milton Keynes, MK5 is £106,957. Average asking price is £398,253 while average price paid is £114,000 which is up by £16,372 and Avg. asking rent £1,901.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 Peers Lane, Shenley Church End, Milton Keynes, MK5 area. In last 3 years alone average price buyer paid is around £114,000 based on approximately 1 sales in Peers Lane, Shenley Church End, Milton Keynes, MK5 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £74,500. It has been same for some time now for e.g. if you take an average of amount paid in last 7 years, it comes to around £61,666 for 3 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £46,000, £177,999 for a 2 bedroom house, £251,198 for a 3 bedroom house, £373,397 for a 4 bedroom house and £658,125 for a 5 bedroom house. For a flat similarly the prices varies from £46,000 for a single bedroom to £161,687 for a 2 bedroom Flat. To sum up the asking prices for properties in Peers Lane, Shenley Church End, Milton Keynes, MK5 it comes to around average £46,000 for 1 bedroom property, £166,218 for 2 bedroom, £251,198 for 3 bedroom, £373,397 for 4 bedroom and £658,125 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £693 for 1 bedroom to £848 for 2 bedrooms, £1,173 for 3 bedrooms, £1,409 for 4 bedrooms and £1,573 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £1,226. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £771. You should be generally be expecting around average £1,049 rent per month for single bedroom property, £823 for 2 bedroom, £1,173 for 3 bedroom, £1,409 for 4 bedroom and approximately £1,573 for a 5 bedroom property in Peers Lane, Shenley Church End, Milton Keynes, MK5 area.

Popular Houses in Peers Lane, Shenley Church End, Milton Keynes, MK5

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Peers Lane, Shenley Church End, Milton Keynes, MK5