5, PASTERN PLACE, DOWNS BARN, MILTON KEYNES, MK14 7RA - £136,000

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.

5 PASTERN PLACE is a very large flat of 79m², built sometime between 1983 and 1990, which could now be worth an estimated £248,815. It was last sold for £136,000 in March 2004, which was around 50% above the average March 2004 flat price in the Milton Keynes local authority area. The most recent EPC inspection was January 2010, where the current energy rating was D, and the potential energy rating was C.

5 PASTERN PLACE Sold Prices

Land registry data shows two sales for 5 PASTERN PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Milton Keynes local authority area for the corresponding sale date. Both of the two 5 PASTERN PLACE 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
2004 1 MAR	£136,000	£90,580	50% above HPI
2000 17 AUG	£85,000	£49,490	72% above HPI

What might 5 PASTERN PLACE be worth now?

5 PASTERN PLACE might now be worth an estimated £248,815.

This is based on house price inflation of 83%, between March 2004 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 83% inflationary increase is applied to the most recent sale price for 5 PASTERN PLACE of £136,000 on 1st March 2004. For the value to have increased from £136,000 to £248,815 over the 21 years and ten months to May 2026, the following assumptions must hold true:

• The value of 5 PASTERN PLACE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The March 2004 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PASTERN PLACE has not materially changed since March 2004.

How Large is 5 PASTERN PLACE?

5 PASTERN PLACE is 79m² according to the EPC inspection conducted in January 2010. This puts it in the largest 10% of flats in Milton Keynes, based on EPC data. 91% of flats are smaller than 5 PASTERN PLACE, and 8% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

5 PASTERN PLACE: Plot

5 PASTERN PLACE sits on a plot of roughly 0.053 of an acre, or 213m².

Where is 5 PASTERN PLACE?

5 PASTERN PLACE is located in DOWNS BARN, in the MK14 postcode district.