3, MEMORY CLOSE, MALDON, CM9 6XT - £337,500

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.

3 MEMORY CLOSE is a detached house, which could now be worth an estimated £624,352. It was last sold for £337,500 in May 2007, which was around 9% above the average May 2007 detached price in the Maldon local authority area.

3 MEMORY CLOSE Sold Prices

Land registry data shows two sales for 3 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 3 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
2007 9 MAY	£337,500	£309,860	9% above HPI
1997 18 SEP	£141,950	£109,847	29% above HPI

What might 3 MEMORY CLOSE be worth now?

3 MEMORY CLOSE might now be worth an estimated £624,352.

This is based on house price inflation of 85%, between May 2007 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 85% inflationary increase is applied to the most recent sale price for 3 MEMORY CLOSE of £337,500 on 9th May 2007. For the value to have increased from £337,500 to £624,352 over the nineteen years and one month to April 2026, the following assumptions must hold true:

• The value of 3 MEMORY CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The May 2007 sale price of £337,500 represented a fair market value for the property.
• The size, condition, and specification of 3 MEMORY CLOSE has not materially changed since May 2007.

Where is 3 MEMORY CLOSE?

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