32, PENN ROAD, BLETCHLEY, MILTON KEYNES, MK2 2AU - £145,000

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.

32 PENN ROAD is a flat, which could now be worth an estimated £155,723. It was last sold for £145,000 in May 2021, which was around 6% below the average May 2021 flat price in the Milton Keynes local authority area.

32 PENN ROAD Sold Prices

Land registry data shows four sales for 32 PENN ROAD 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. two of the four 32 PENN ROAD sales were for below the average price, and four 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
2021 28 MAY	£145,000	£154,307	6% below HPI
2005 5 DEC	£107,500	£102,906	4% above HPI
1999 15 OCT	£49,995	£43,265	16% above HPI
1997 27 JUN	£29,000	£33,459	13% below HPI

What might 32 PENN ROAD be worth now?

32 PENN ROAD might now be worth an estimated £155,723.

This is based on house price inflation of 7.4%, between May 2021 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 7.4% inflationary increase is applied to the most recent sale price for 32 PENN ROAD of £145,000 on 28th May 2021. For the value to have increased from £145,000 to £155,723 over the five years to May 2026, the following assumptions must hold true:

• The value of 32 PENN ROAD has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The May 2021 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 32 PENN ROAD has not materially changed since May 2021.

Where is 32 PENN ROAD?

32 PENN ROAD is located in BLETCHLEY, in the MK2 postcode district.