48, PETTINGREW CLOSE, WALNUT TREE, MILTON KEYNES, MK7 7LL - £73,000

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.

48 PETTINGREW CLOSE is a very small flat of 27m², built sometime between 1991 and 1995, which could now be worth an estimated £120,010. It was last sold for £73,000 in March 2012, which was around 28% below the average March 2012 flat price in the Milton Keynes local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was B.

48 PETTINGREW CLOSE Sold Prices

Land registry data shows three sales for 48 PETTINGREW CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. All of the three 48 PETTINGREW 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
2012 12 MAR	£73,000	£100,803	28% below HPI
2004 25 OCT	£89,995	£99,359	9% below HPI
2002 5 DEC	£69,000	£78,226	12% below HPI

What might 48 PETTINGREW CLOSE be worth now?

48 PETTINGREW CLOSE might now be worth an estimated £120,010.

This is based on house price inflation of 64.4%, between March 2012 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 64.4% inflationary increase is applied to the most recent sale price for 48 PETTINGREW CLOSE of £73,000 on 12th March 2012. For the value to have increased from £73,000 to £120,010 over the thirteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 48 PETTINGREW CLOSE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The March 2012 sale price of £73,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PETTINGREW CLOSE has not materially changed since March 2012.

How Large is 48 PETTINGREW CLOSE?

48 PETTINGREW CLOSE is 27m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 10% of flats in Milton Keynes, based on EPC data. 2% of flats are smaller than 48 PETTINGREW CLOSE, and 98% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

48 PETTINGREW CLOSE: Plot

48 PETTINGREW CLOSE sits on a plot of roughly 0.049 of an acre, or 197m².

Where is 48 PETTINGREW CLOSE?

48 PETTINGREW CLOSE is located in WALNUT TREE, in the MK7 postcode district.