48 Pennycress Way, Newport Pagnell, MK16 8TT is a leasehold flat built between 1983-1990. The property offers approximately 657 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £184,649 , which equates to approximately £281 per square foot. It was last sold on 30 Nov 2016 for £155,000. Since then, the value has increased by £29,649, representing a 19.1% increase, or approximately 2.1% per year.

The current estimated value of £184,649 is:

  • 48.8% lower than the average property price on Pennycress Way
  • 44.9% lower than the average in the MK16 8TT postcode area
  • and 53.8% lower than the average price for Newport Pagnell as a whole

View sold house prices in MK16 8TT

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
657 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£184,649
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
2 bedrooms

EPC Summary

48 Pennycress Way, Newport Pagnell, Milton Keynes, MK16 8TT has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 30 Aug 2019.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are single glazed.

The previous EPC assessment was conducted on 7 Nov 2008. The rating of D is unchanged, though the energy efficiency score decreased by 9.1%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 150mm loft insulation to pitched, 75 mm loft insulation, changing energy efficiency from good to average.
  • The lighting was updated from low energy lighting in 25% of fixed outlets to low energy lighting in 88% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 75 mm loft insulation
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to MK16 8TT

38 th / 56
Price Rank
45% lower than average
18 th / 45
Size Rank
27% smaller than average
45 th / 45
Price Per Sq FT Rank
24% lower than average

Compared to other properties in MK16 8TT , this flat's estimated value ranks 38th out of 56. Based on price per square foot, it ranks 45th out of 45 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 18th out of 45 properties in its postcode area.

Sale History

Today
£184,649
streetscan.co.uk estimate
+19 %
30 Nov 2016
£155,000
Leasehold
+105.3 %
3 May 2002
£75,500
Leasehold
+88.8 %
12 Jun 1998
£39,995
Leasehold

Area Insights

Similar Properties Sold Nearby

52 Pennycress Way, Newport Pagnell, MK16 8TT
rooms: 2
size: 635 sq ft
sale price: £116,500
sale date: 9 Jul 2013

Data Sources

The property at 48 Pennycress Way, Newport Pagnell, MK16 8TT appears three times in the Land Registry records, with the latest transaction recorded on 30 Nov 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Aug 2019. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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