16, MEMORY CLOSE, MALDON, CM9 6XT - £101,000

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.

16 MEMORY CLOSE is a semi-detached house, which could now be worth an estimated £525,699. It was last sold for £101,000 in February 1999, which was around 49% above the average February 1999 semi-detached price in the Maldon local authority area.

16 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 16 MEMORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Maldon local authority area for the corresponding sale date. Both of the two 16 MEMORY CLOSE sales were for above 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
1999 26 FEB	£101,000	£67,737	49% above HPI
1995 14 SEP	£79,950	£53,489	49% above HPI

What might 16 MEMORY CLOSE be worth now?

16 MEMORY CLOSE might now be worth an estimated £525,699.

This is based on house price inflation of 420.5%, between February 1999 and April 2026, for semi-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 420.5% inflationary increase is applied to the most recent sale price for 16 MEMORY CLOSE of £101,000 on 26th February 1999. For the value to have increased from £101,000 to £525,699 over the 26 years and ten months to April 2026, the following assumptions must hold true:

• The value of 16 MEMORY CLOSE has moved in line with the HPI for semi-detached houses in the Maldon local authority area.
• The February 1999 sale price of £101,000 represented a fair market value for the property.
• The size, condition, and specification of 16 MEMORY CLOSE has not materially changed since February 1999.

Where is 16 MEMORY CLOSE?

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