7, BUTE BRAE, BLETCHLEY, MILTON KEYNES, MK3 7TA - £167,000

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.

7 BUTE BRAE is a very large flat of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £192,454. It was last sold for £167,000 in October 2016, which was around 17% above the average October 2016 flat price in the Milton Keynes local authority area. The most recent EPC inspection was December 2008, where the current energy rating was C, and the potential energy rating was B.

7 BUTE BRAE Sold Prices

Land registry data shows two sales for 7 BUTE BRAE 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 7 BUTE BRAE 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
2016 14 OCT	£167,000	£142,638	17% above HPI
1997 17 OCT	£37,000	£34,023	9% above HPI

What might 7 BUTE BRAE be worth now?

7 BUTE BRAE might now be worth an estimated £192,454.

This is based on house price inflation of 15.2%, between October 2016 and March 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 15.2% inflationary increase is applied to the most recent sale price for 7 BUTE BRAE of £167,000 on 14th October 2016. For the value to have increased from £167,000 to £192,454 over the ten years and seven months to March 2026, the following assumptions must hold true:

• The value of 7 BUTE BRAE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The October 2016 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 7 BUTE BRAE has not materially changed since October 2016.

How Large is 7 BUTE BRAE?

7 BUTE BRAE is 72m² according to the EPC inspection conducted in December 2008. This puts it in the largest 20% of flats in Bletchley, based on EPC data. 84% of flats are smaller than 7 BUTE BRAE, and 15% of flats are larger. Note that EPC data is not available for all properties in Bletchley.

7 BUTE BRAE: Plot

7 BUTE BRAE sits on a plot of roughly 0.034 of an acre, or 138m².

Where is 7 BUTE BRAE?

7 BUTE BRAE is located in BLETCHLEY, in the MK3 postcode district.