Penning Close, Stantonbury, Milton Keynes, MK14

Street Guide For Penning Close, Stantonbury, Milton Keynes, MK14

 

Penning Close, Stantonbury, Milton Keynes, MK14 Map

Estimated Price: £276,148
Average Asking Price: £267,303
Price change in last one year: £17,385
Average Price Paid: £232,500
Average Rent Rates: £3,200

 

Property Prices Breakdown in Penning Close, Stantonbury, Milton Keynes, MK14

Average Price for property in Penning Close, Stantonbury, Milton Keynes, MK14 is around £276,148 e.g. average price for detached house is around 276,148. Values have been changing and have risen £1,222 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,085 in last 6 months, £17,385 in last 1 year, £26,723 in last 2 years, £37,596 in last 3 years, £35,007 in last 4 years and £37,466 in last 5 years.

Currently average asking price of a property in Penning Close, Stantonbury, Milton Keynes, MK14 is around £267,303 based on approximately 0 properties for sale. Same is the case with rental options based on 42 properties up for rent, average asking rent is around £3,200 per month.

Estimated property value in Penning Close, Stantonbury, Milton Keynes, MK14 is £276,148. Average asking price is £267,303 while average price paid is £250,000 which is up by £37,596 and Avg. asking rent £3,200.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 Penning Close, Stantonbury, Milton Keynes, MK14 area. In last 3 years alone average price buyer paid is around £250,000 based on approximately 1 sales in Penning Close, Stantonbury, Milton Keynes, MK14 area alone. If you compare it to last 5 years sales of 2 properties where buyers paid around £232,500. 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 £232,500 for 2 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 £120,499, £162,481 for a 2 bedroom house, £210,292 for a 3 bedroom house, £289,416 for a 4 bedroom house and £290,000 for a 5 bedroom house. For a flat similarly the prices varies from £87,333 for a single bedroom to £130,686 for a 2 bedroom Flat. To sum up the asking prices for properties in Penning Close, Stantonbury, Milton Keynes, MK14 it comes to around average £106,285 for 1 bedroom property, £149,763 for 2 bedroom, £210,292 for 3 bedroom, £289,416 for 4 bedroom and £290,000 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 £849 for 2 bedroom to £897 for 3 bedroom and £1,231 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £598. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £823. You should be generally be expecting around average £598 rent per month for single bedroom property, £841 for 2 bedroom, £897 for 3 bedroom and approximately £1,231 for 4 bedroom property in Penning Close, Stantonbury, Milton Keynes, MK14 area.

Popular Houses in Penning Close, Stantonbury, Milton Keynes, MK14

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 Penning Close, Stantonbury, Milton Keynes, MK14