24 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB is a freehold terraced property built between 1983-1990. The property offers approximately 581 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £299,050 , which equates to approximately £514 per square foot. It was last sold on 7 Apr 2022 for £272,500. Since then, the value has increased by £26,550, representing a 9.7% increase, or approximately 2.6% per year.

The current estimated value of £299,050 is:

  • 39.8% lower than the average property price on Faraday Drive
  • 4.3% lower than the average in the MK5 7DB postcode area
  • and 29.4% lower than the average price for Milton Keynes as a whole

At the most recent EPC inspection on 18 May 2012, the property was recorded as owner-occupied.

View sold house prices in MK5 7DB

Building approximate location

About Property

Type
Terraced House
Built
1983-1990
Interior Size
581 sq ft
Tenure
Freehold
Price (estimate)
£299,050
Price Per sq ft (estimate)
£514
Bedroom Count (estimate)
1 bedroom

EPC Summary

24 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 18 May 2012.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 17 Jul 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 9.2%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was changed from low energy lighting in 60% of fixed outlets to low energy lighting in 56% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 100 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to MK5 7DB

7 th / 16
Price Rank
4% lower than average
6 th / 14
Size Rank
15% smaller than average
8 th / 14
Price Per Sq FT Rank
13% higher than average

Compared to other properties in MK5 7DB , this house's estimated value ranks 7th out of 16. Based on price per square foot, it ranks 8th out of 14 properties. In terms of size, this home ranks 6th out of 14 properties in its postcode area.

Sale History

Today
£299,050
streetscan.co.uk estimate
+10 %
7 Apr 2022
£272,500
Leasehold
+94.6 %
17 Aug 2012
£140,000
Leasehold
+163.2 %
20 Aug 1999
£53,200
Leasehold

Area Insights

Similar Properties Sold Nearby

40 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB
rooms: 3
size: 570 sq ft
sale price: £211,000
sale date: 16 Nov 2020
44 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB
rooms: 3
size: 527 sq ft
sale price: £167,000
sale date: 5 Dec 2007
32 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB
rooms: 3
size: 538 sq ft
sale price: £157,500
sale date: 11 Sep 2007
34 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB
rooms: 3
size: 560 sq ft
sale price: £86,000
sale date: 27 May 2002
26 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB
rooms: 3
size: 581 sq ft
sale price: £89,500
sale date: 15 Apr 2002

Data Sources

The property at 24 Faraday Drive, Shenley Lodge, Milton Keynes, MK5 7DB appears three times in the Land Registry records, with the latest transaction recorded on 7 Apr 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 May 2012. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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