8, DOWNING CLOSE, BLETCHLEY, MILTON KEYNES, MK3 6EP - £125,000

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.

8 DOWNING CLOSE is a small flat of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £184,019. It was last sold for £125,000 in March 2014, which was around 14% above the average March 2014 flat price in the Milton Keynes local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

8 DOWNING CLOSE Sold Prices

Land registry data shows two sales for 8 DOWNING 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. One of the two 8 DOWNING CLOSE sales was for above the average price, whilst the other was 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
2014 20 MAR	£125,000	£109,735	14% above HPI
2008 16 APR	£60,000	£117,831	49% below HPI

What might 8 DOWNING CLOSE be worth now?

8 DOWNING CLOSE might now be worth an estimated £184,019.

This is based on house price inflation of 47.2%, between March 2014 and April 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 47.2% inflationary increase is applied to the most recent sale price for 8 DOWNING CLOSE of £125,000 on 20th March 2014. For the value to have increased from £125,000 to £184,019 over the eleven years and eleven months to April 2026, the following assumptions must hold true:

• The value of 8 DOWNING CLOSE has moved in line with the HPI for flats in the Milton Keynes local authority area.
• The March 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 DOWNING CLOSE has not materially changed since March 2014.

How Large is 8 DOWNING CLOSE?

8 DOWNING CLOSE is 55m² according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of flats in Bletchley, based on EPC data. 28% of flats are smaller than 8 DOWNING CLOSE, and 70% of flats are larger. Note that EPC data is not available for all properties in Bletchley.

8 DOWNING CLOSE: Plot

8 DOWNING CLOSE sits on a plot of roughly 0.370 of an acre, or 1,497m².

Where is 8 DOWNING CLOSE?

8 DOWNING CLOSE is located in BLETCHLEY, in the MK3 postcode district.