5, MONKDOWN, DOWNSWOOD, MAIDSTONE, ME15 8SP - £300,000

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.

5 MONKDOWN is a semi-detached house, which could now be worth an estimated £336,816. It was last sold for £300,000 in August 2021, which was around 11% below the average August 2021 semi-detached price in the Maidstone local authority area.

5 MONKDOWN Sold Prices

Land registry data shows three sales for 5 MONKDOWN 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 Maidstone local authority area for the corresponding sale date. All of the three 5 MONKDOWN 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
2021 31 AUG	£300,000	£336,790	11% below HPI
1999 22 OCT	£88,000	£99,299	11% below HPI
1997 12 DEC	£75,500	£82,474	8% below HPI

What might 5 MONKDOWN be worth now?

5 MONKDOWN might now be worth an estimated £336,816.

This is based on house price inflation of 12.3%, between August 2021 and May 2026, for semi-detached houses, in the Maidstone local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 12.3% inflationary increase is applied to the most recent sale price for 5 MONKDOWN of £300,000 on 31st August 2021. For the value to have increased from £300,000 to £336,816 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 5 MONKDOWN has moved in line with the HPI for semi-detached houses in the Maidstone local authority area.
• The August 2021 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONKDOWN has not materially changed since August 2021.

Where is 5 MONKDOWN?

5 MONKDOWN is located in DOWNSWOOD, in the ME15 postcode district.