5, GLOUCESTER GATE, BROUGHTON, MILTON KEYNES, MK10 7BX - £49,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

5 GLOUCESTER GATE is a large flat of 69m², built sometime from 2007 onwards, which could now be worth an estimated £63,947. It was last sold for £49,500 in June 2015, which was around 60% below the average June 2015 flat price in the Milton Keynes local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was C.

5 GLOUCESTER GATE Sold Prices

Land registry data shows two sales for 5 GLOUCESTER GATE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 GLOUCESTER GATE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 15 JUN	£49,500	£125,050	60% below HPI
2012 16 NOV	£42,000	£101,518	59% below HPI

What might 5 GLOUCESTER GATE be worth now?

5 GLOUCESTER GATE might now be worth an estimated £63,947.

This is based on house price inflation of 29.2%, between June 2015 and April 2026, for flats, in the Milton Keynes local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.2% inflationary increase is applied to the most recent sale price for 5 GLOUCESTER GATE of £49,500 on 15th June 2015. For the value to have increased from £49,500 to £63,947 over the eleven years and two months to April 2026, the following assumptions must hold true:

• The value of 5 GLOUCESTER GATE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The June 2015 sale price of £49,500 represented a fair market value for the property.
• The size, condition, and specification of 5 GLOUCESTER GATE has not materially changed since June 2015.

How Large is 5 GLOUCESTER GATE?

5 GLOUCESTER GATE is 69m² according to the EPC inspection conducted in August 2012. This puts it in the largest 30% of flats in Milton Keynes, based on EPC data. 77% of flats are smaller than 5 GLOUCESTER GATE, and 21% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 GLOUCESTER GATE: Plot

5 GLOUCESTER GATE sits on a plot of roughly 0.185 of an acre, or 748m².

Where is 5 GLOUCESTER GATE?

5 GLOUCESTER GATE is located in BROUGHTON, in the MK10 postcode district.