2, BACKLEYS, CALDECOTTE, MILTON KEYNES, MK7 8LL - £114,000

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.

2 BACKLEYS is a detached house, which could now be worth an estimated £562,042. It was last sold for £114,000 in September 1998, which was around 4% above the average September 1998 detached price in the Milton Keynes local authority area.

2 BACKLEYS Sold Prices

Land registry data shows two sales for 2 BACKLEYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 2 BACKLEYS sales 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
1998 17 SEP	£114,000	£109,670	4% above HPI
1996 24 MAY	£98,000	£87,474	12% above HPI

What might 2 BACKLEYS be worth now?

2 BACKLEYS might now be worth an estimated £562,042.

This is based on house price inflation of 393%, between September 1998 and April 2026, for detached 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 393% inflationary increase is applied to the most recent sale price for 2 BACKLEYS of £114,000 on 17th September 1998. For the value to have increased from £114,000 to £562,042 over the 28 years and five months to April 2026, the following assumptions must hold true:

• The value of 2 BACKLEYS has moved in line with the HPI for detached houses in the Milton Keynes local authority area.
• The September 1998 sale price of £114,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BACKLEYS has not materially changed since September 1998.

Where is 2 BACKLEYS?

2 BACKLEYS is located in CALDECOTTE, in the MK7 postcode district.