16, DOWNLAND, TWO MILE ASH, MILTON KEYNES, MK8 8AS - £130,000

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 DOWNLAND is a terraced house, which could now be worth an estimated £223,240. It was last sold for £130,000 in December 2007, which was around 18% below the average December 2007 terraced price in the Milton Keynes local authority area.

16 DOWNLAND Sold Prices

Land registry data shows three sales for 16 DOWNLAND since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Milton Keynes local authority area for the corresponding sale date. One of the three 16 DOWNLAND sales was for below the average price, whilst two were for above 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
2007 5 DEC	£130,000	£157,662	18% below HPI
2003 6 NOV	£117,000	£111,865	5% above HPI
1998 7 AUG	£51,000	£48,895	4% above HPI

What might 16 DOWNLAND be worth now?

16 DOWNLAND might now be worth an estimated £223,240.

This is based on house price inflation of 71.7%, between December 2007 and March 2026, for terraced houses, 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 71.7% inflationary increase is applied to the most recent sale price for 16 DOWNLAND of £130,000 on 5th December 2007. For the value to have increased from £130,000 to £223,240 over the nineteen years and nine months to March 2026, the following assumptions must hold true:

• The value of 16 DOWNLAND has moved in line with the HPI for terraced houses in the Milton Keynes local authority area.
• The December 2007 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 16 DOWNLAND has not materially changed since December 2007.

Where is 16 DOWNLAND?

16 DOWNLAND is located in TWO MILE ASH, in the MK8 postcode district.