1 Formby Close

    1, FORMBY CLOSE, BLETCHLEY, MILTON KEYNES, MK3 7RN

    This detached freehold property on Formby Close last sold in March 2021 for £335,000. Based on price growth in the MK3 district since then, its estimated current value is £380,982 — placing it in the 64th percentile nationally and the 72nd percentile within MK3. The property covers 98 m² (1,055 sq ft), giving an estimated value of £3,888 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,055 sq ft

    98 m²

    Last Sale Price

    £335,000

    Mar 2021

    Estimated Valuation

    £380,982

    Est. £/sq ft

    £361/sq ft

    £3,888/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,055 sq ft (98 m²)
    EPC dateFeb 2021
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Mar 2021

    £335,000

    Key Metrics

    Estimated valuation£380,982
    Value per sq ft / m²£361/sq ft (£3,888/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK3 district percentile72nd percentile
    National percentile64th 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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