2, RAYLEIGH CLOSE, ALLINGTON, MAIDSTONE, ME16 0UP - £248,000

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.

2 RAYLEIGH CLOSE is a terraced house, which could now be worth an estimated £399,704. It was last sold for £248,000 in May 2007, which was around 36% above the average May 2007 terraced price in the Maidstone local authority area.

2 RAYLEIGH CLOSE Sold Prices

Land registry data shows three sales for 2 RAYLEIGH CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Maidstone local authority area for the corresponding sale date. All of the three 2 RAYLEIGH 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
2007 9 MAY	£248,000	£182,516	36% above HPI
2004 21 APR	£220,000	£146,857	50% above HPI
2001 27 APR	£150,995	£93,342	62% above HPI

What might 2 RAYLEIGH CLOSE be worth now?

2 RAYLEIGH CLOSE might now be worth an estimated £399,704.

This is based on house price inflation of 61.2%, between May 2007 and May 2026, for terraced 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 61.2% inflationary increase is applied to the most recent sale price for 2 RAYLEIGH CLOSE of £248,000 on 9th May 2007. For the value to have increased from £248,000 to £399,704 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 2 RAYLEIGH CLOSE has moved in line with the HPI for terraced houses in the Maidstone local authority area.
• The May 2007 sale price of £248,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAYLEIGH CLOSE has not materially changed since May 2007.

Where is 2 RAYLEIGH CLOSE?

2 RAYLEIGH CLOSE is located in ALLINGTON, in the ME16 postcode district.