18, 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.

18 DOWNING CLOSE is a small flat of 54m², built sometime between 2003 and 2006, which could now be worth an estimated £75,373. It was last sold for £80,000 in September 2022, which was around 53% below the average September 2022 flat price in the Milton Keynes local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was C.

18 DOWNING CLOSE Sold Prices

Land registry data shows four sales for 18 DOWNING CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. All of the four 18 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
2022 16 SEP	£80,000	£171,463	53% below HPI
2018 8 JUN	£80,000	£153,400	48% below HPI
2015 8 MAY	£54,500	£124,273	56% below HPI
2007 19 OCT	£60,000	£123,063	51% below HPI

What might 18 DOWNING CLOSE be worth now?

18 DOWNING CLOSE might now be worth an estimated £75,373.

This is based on house price deflation of 5.8%, between September 2022 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 5.8% deflationary decrease is applied to the most recent sale price for 18 DOWNING CLOSE of £80,000 on 16th September 2022. For the value to have decreased from £80,000 to £75,373 over the four years and five months to April 2026, the following assumptions must hold true:

• The value of 18 DOWNING CLOSE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The September 2022 sale price of £80,000 represented a fair market value for the property.
• The size, condition, and specification of 18 DOWNING CLOSE has not materially changed since September 2022.

How Large is 18 DOWNING CLOSE?

18 DOWNING CLOSE is 54m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 30% of flats in Bletchley, based on EPC data. 28% of flats are smaller than 18 DOWNING CLOSE, and 72% of flats are larger. Note that EPC data is not available for all properties in Bletchley.

18 DOWNING CLOSE: Plot

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

Where is 18 DOWNING CLOSE?

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