Flat 9 1 Merrick Place

    FLAT 9 1, MERRICK PLACE, NEWTON LEYS, MILTON KEYNES, MK3 5RU

    This flat/maisonette leasehold property on Merrick Place last sold in November 2022 for £190,000. Based on price growth in the MK3 district since then, its estimated current value is £183,292 — placing it in the 20th percentile nationally and the 7th percentile within MK3. The property covers 47 m² (506 sq ft), giving an estimated value of £3,900 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    506 sq ft

    47 m²

    Last Sale Price

    £190,000

    Nov 2022

    Estimated Valuation

    £183,292

    Est. £/sq ft

    £362/sq ft

    £3,900/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2018
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area506 sq ft (47 m²)
    EPC dateNov 2019
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Nov 2022

    £190,000

    4 Dec 2019

    New build

    £175,000

    Key Metrics

    Estimated valuation£183,292
    Value per sq ft / m²£362/sq ft (£3,900/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK3 district percentile7th percentile
    National percentile20th percentile

    District Context — MK3

    MK3 covers central Milton Keynes, the heart of this planned new town in Buckinghamshire. It is a mixed residential and commercial area with relatively good transport links and everyday amenities.

    Average Property Price - MK3

    £328,454

    51

    National percentile

    Average Net Household Income - MK3

    £40,535

    60

    National percentile

    10-Year Annualised Price Growth - MK3

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - MK

    4.3%

    74

    National percentile

    View full analysis for MK3

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