33, MONARCH CLOSE, CHATHAM, ME5 7PD - £59,995

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.

33 MONARCH CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £198,004. It was last sold for £59,995 in January 2002, which was around 43% below the average January 2002 semi-detached price in the Medway local authority area. The most recent EPC inspection was April 2019, where the current energy rating was C, and the potential energy rating was B.

33 MONARCH CLOSE Sold Prices

Land registry data shows three sales for 33 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. All of the three 33 MONARCH CLOSE sales were 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
2002 17 JAN	£59,995	£105,277	43% below HPI
2001 30 MAR	£57,000	£92,279	38% below HPI
1997 27 MAR	£32,000	£56,175	43% below HPI

33 MONARCH CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The three 33 MONARCH CLOSE sales between March 1997 and January 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2001 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the January 2002 sale, where it falls to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 33 MONARCH CLOSE be worth now?

33 MONARCH CLOSE might now be worth an estimated £198,004.

This is based on house price inflation of 230%, between January 2002 and May 2026, for semi-detached houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 230% inflationary increase is applied to the most recent sale price for 33 MONARCH CLOSE of £59,995 on 17th January 2002. For the value to have increased from £59,995 to £198,004 over the 23 years and eight months to May 2026, the following assumptions must hold true:

• The value of 33 MONARCH CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2002 sale price of £59,995 represented a fair market value for the property.
• The size, condition, and specification of 33 MONARCH CLOSE has not materially changed since January 2002.

How Large is 33 MONARCH CLOSE?

33 MONARCH CLOSE is 48m² according to the EPC inspection conducted in April 2019. This puts it in the smallest 10% of semi-detached houses houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Chatham, and where 33 MONARCH CLOSE lies on this distribution: 1% of semi-detached houses houses are smaller than 33 MONARCH CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Chatham.

33 MONARCH CLOSE: Plot and Title Map

33 MONARCH CLOSE sits on a plot of roughly 0.021 of an acre, or 83m². The below map shows the location of 33 MONARCH CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 33 MONARCH CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 33 MONARCH CLOSE?

33 MONARCH CLOSE is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 33 on MONARCH CLOSE.