56, DARWIN CLOSE, MEDBOURNE, MILTON KEYNES, MK5 6FF - £215,000

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.

56 DARWIN CLOSE is a very large flat of 94m², built sometime between 2003 and 2006, which could now be worth an estimated £317,128. It was last sold for £215,000 in February 2007, which was around 91% above the average February 2007 flat price in the Milton Keynes local authority area. The most recent EPC inspection was May 2011, where the current energy rating was C, and the potential energy rating was B.

56 DARWIN CLOSE Sold Prices

Land registry data shows two sales for 56 DARWIN CLOSE 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 56 DARWIN CLOSE 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
2007 16 FEB	£215,000	£112,350	91% above HPI
2003 18 NOV	£155,000	£88,732	75% above HPI

What might 56 DARWIN CLOSE be worth now?

56 DARWIN CLOSE might now be worth an estimated £317,128.

This is based on house price inflation of 47.5%, between February 2007 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 47.5% inflationary increase is applied to the most recent sale price for 56 DARWIN CLOSE of £215,000 on 16th February 2007. For the value to have increased from £215,000 to £317,128 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 56 DARWIN CLOSE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The February 2007 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 56 DARWIN CLOSE has not materially changed since February 2007.

How Large is 56 DARWIN CLOSE?

56 DARWIN CLOSE is 94m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of flats in Milton Keynes, based on EPC data. 96% of flats are smaller than 56 DARWIN CLOSE, and 4% of flats are larger. Note that EPC data is not available for all properties in Milton Keynes.

56 DARWIN CLOSE: Plot

56 DARWIN CLOSE sits on a plot of roughly 0.317 of an acre, or 1,284m².

Where is 56 DARWIN CLOSE?

56 DARWIN CLOSE is located in MEDBOURNE, in the MK5 postcode district.