1, MEMORY CLOSE, MALDON, CM9 6XT - £217,000

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.

1 MEMORY CLOSE is a detached house, which could now be worth an estimated £447,173. It was last sold for £217,000 in April 2004, which was around 22% below the average April 2004 detached price in the Maldon local authority area.

1 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 1 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 1 MEMORY 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
2004 7 APR	£217,000	£278,167	22% below HPI
1997 14 APR	£93,500	£101,947	8% below HPI

What might 1 MEMORY CLOSE be worth now?

1 MEMORY CLOSE might now be worth an estimated £447,173.

This is based on house price inflation of 106.1%, between April 2004 and April 2026, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 106.1% inflationary increase is applied to the most recent sale price for 1 MEMORY CLOSE of £217,000 on 7th April 2004. For the value to have increased from £217,000 to £447,173 over the 22 years to April 2026, the following assumptions must hold true:

• The value of 1 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The April 2004 sale price of £217,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MEMORY CLOSE has not materially changed since April 2004.

Where is 1 MEMORY CLOSE?

1 MEMORY CLOSE is located in MALDON, in the CM9 postcode district.