16, DOWNING CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6EP - £80,000

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.

16 DOWNING CLOSE is a small flat of 58m², built sometime from 2007 onwards, which could now be worth an estimated £86,408. It was last sold for £80,000 in February 2017, which was around 47% below the average February 2017 flat price in the Milton Keynes local authority area. The most recent EPC inspection was January 2011, where the current energy rating was B, and the potential energy rating was B.

16 DOWNING CLOSE Sold Prices

Land registry data shows two sales for 16 DOWNING CLOSE 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 16 DOWNING CLOSE 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
2017 3 FEB	£80,000	£149,567	47% below HPI
2007 19 OCT	£60,000	£123,063	51% below HPI

What might 16 DOWNING CLOSE be worth now?

16 DOWNING CLOSE might now be worth an estimated £86,408.

This is based on house price inflation of 8%, between February 2017 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 8% inflationary increase is applied to the most recent sale price for 16 DOWNING CLOSE of £80,000 on 3rd February 2017. For the value to have increased from £80,000 to £86,408 over the eight years and ten months to April 2026, the following assumptions must hold true:

• The value of 16 DOWNING CLOSE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The February 2017 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DOWNING CLOSE has not materially changed since February 2017.

How Large is 16 DOWNING CLOSE?

16 DOWNING CLOSE is 58m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 40% of flats in Bletchley, based on EPC data. 34% of flats are smaller than 16 DOWNING CLOSE, and 66% of flats are larger. Note that EPC data is not available for all properties in Bletchley.

16 DOWNING CLOSE: Plot

16 DOWNING CLOSE sits on a plot of roughly 0.370 of an acre, or 1,497m².

Where is 16 DOWNING CLOSE?

16 DOWNING CLOSE is located in BLETCHLEY, in the MK3 postcode district.