Prospect Road, Stony Stratford, Milton Keynes, MK11

Street Guide For Prospect Road, Stony Stratford, Milton Keynes, MK11

 

Prospect Road, Stony Stratford, Milton Keynes, MK11 Map

Estimated Price: £331,061
Average Asking Price: £227,633
Price change in last one year: £22,440
Average Price Paid: £220,875
Average Rent Rates: £1,601

 

Property Prices Breakdown in Prospect Road, Stony Stratford, Milton Keynes, MK11

Average Price for property in Prospect Road, Stony Stratford, Milton Keynes, MK11 is around £331,061 which varies based on type of property you are interested in and ranges from £533,224 for detached house to around £250,329 for semi-detached. Similarly terraced house is around £260,172. Values have been changing and have risen £164 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £230 in last 6 months, £22,440 in last 1 year, £33,521 in last 2 years, £44,909 in last 3 years, £42,604 in last 4 years and £41,442 in last 5 years.

Currently average asking price of a property in Prospect Road, Stony Stratford, Milton Keynes, MK11 is around £227,633 based on approximately 1 properties for sale. Same is the case with rental options based on 33 properties up for rent, average asking rent is around £1,601 per month.

Estimated property value in Prospect Road, Stony Stratford, Milton Keynes, MK11 is £331,061. Average asking price is £227,633 while average price paid is £160,000 which is up by £22,440 and Avg. asking rent £1,601.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 Prospect Road, Stony Stratford, Milton Keynes, MK11 area. In last 1 year alone average price buyer paid is around £160,000 based on approximately 1 sales in Prospect Road, Stony Stratford, Milton Keynes, MK11 area alone. If you compare it to last 3 years sales of 3 properties where buyers paid around £171,166. 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 £220,875 for 4 and average amount paid for purchase of approx. 7 properties sold in last 7 years comes to about £237,571 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 2 bedroom is around £220,000, £223,082 for a 3 bedroom house and £277,498 for a 4 bedroom house. For a flat similarly the prices varies from £240,000 for a 2 bedroom to £199,000 for a 3 bedroom Flat. To sum up the asking prices for properties in Prospect Road, Stony Stratford, Milton Keynes, MK11 it comes to around average £230,000 for 2 bedroom property, £221,075 for 3 bedroom and £277,498 for 4 bedroom.

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 £650 for 1 bedroom to £849 for 2 bedroom, £1,138 for 3 bedroom and £1,499 for 4 bedroom. But if you are interested in renting a 1 bedroom flat then rent per month can be around £498. You should be generally be expecting around average £574 rent per month for single bedroom property, £849 for 2 bedroom, £1,138 for 3 bedroom and approximately £1,499 for 4 bedroom property in Prospect Road, Stony Stratford, Milton Keynes, MK11 area.

Popular Houses in Prospect Road, Stony Stratford, Milton Keynes, MK11

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 Prospect Road, Stony Stratford, Milton Keynes, MK11