2 Mill Cottages Mill Lane

    2 MILL COTTAGES, MILL LANE, KEMPSTON, BEDFORD, MK42 7FB

    This flat/maisonette leasehold property on Mill Lane last sold in December 2013 for £155,000. Based on price growth in the MK42 district since then, its estimated current value is £244,191 — placing it in the 36th percentile nationally and the 25th percentile within MK42. The property covers 40 m² (431 sq ft), giving an estimated value of £6,105 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    40 m²

    (431 sq ft)

    Last Sale Price

    £155,000

    Dec 2013

    Estimated Valuation

    £244,191

    Est. £/m²

    £6,105/m²

    £567/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentC
    EPC potentialB
    Floor area40 m² (431 sq ft)
    EPC dateSept 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    19 Dec 2013

    £155,000

    27 Apr 2012

    New build

    £153,000

    Key Metrics

    Estimated valuation£244,191
    Value per m² / sq ft£6,105/m² (£567/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    MK42 district percentile25th percentile
    National percentile36th percentile

    District Context — MK42

    MK42 covers areas in central Milton Keynes, situated in the heart of the town's planned urban district. It is a mixed, family-oriented neighbourhood with a diverse tenure mix and relatively youthful demographic profile.

    Average Property Price - MK42

    £316,841

    47

    National percentile

    Average Net Household Income - MK42

    £32,896

    18

    National percentile

    10-Year Annualised Price Growth - MK42

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - MK

    4.3%

    74

    National percentile

    View full analysis for MK42

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