2, BERCHAM, TWO MILE ASH, MILTON KEYNES, MK8 8HX - £48,000

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 BERCHAM is a very small flat of 44m², built sometime between 1991 and 1995, which could now be worth an estimated £54,274. It was last sold for £48,000 in June 2019, which was around 67% below the average June 2019 flat price in the Milton Keynes local authority area. The most recent EPC inspection was April 2019, where the current energy rating was D, and the potential energy rating was A.

2 BERCHAM Sold Prices

Land registry data shows one sale for 2 BERCHAM since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 5 JUN	£48,000	£146,562	67% below HPI

What might 2 BERCHAM be worth now?

2 BERCHAM might now be worth an estimated £54,274.

This is based on house price inflation of 13.1%, between June 2019 and May 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 13.1% inflationary increase is applied to the most recent sale price for 2 BERCHAM of £48,000 on 5th June 2019. For the value to have increased from £48,000 to £54,274 over the seven years and one month to May 2026, the following assumptions must hold true:

• The value of 2 BERCHAM has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The June 2019 sale price of £48,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BERCHAM has not materially changed since June 2019.

How Large is 2 BERCHAM?

2 BERCHAM is 44m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 20% of flats in Milton Keynes, based on EPC data. 14% of flats are smaller than 2 BERCHAM, and 84% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

2 BERCHAM: Plot

2 BERCHAM sits on a plot of roughly 0.023 of an acre, or 93m².

Where is 2 BERCHAM?

2 BERCHAM is located in TWO MILE ASH, in the MK8 postcode district.