3, MONARCH CLOSE, RAINHAM, RM13 8SQ - £265,000

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.

3 MONARCH CLOSE is a detached house, which could now be worth an estimated £528,750. It was last sold for £265,000 in August 2007, which was around 38% below the average August 2007 detached price in the Havering local authority area.

3 MONARCH CLOSE Sold Prices

Land registry data shows two sales for 3 MONARCH 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 Havering local authority area for the corresponding sale date. Both of the two 3 MONARCH 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
2007 17 AUG	£265,000	£424,211	38% below HPI
2000 28 APR	£163,995	£209,155	22% below HPI

What might 3 MONARCH CLOSE be worth now?

3 MONARCH CLOSE might now be worth an estimated £528,750.

This is based on house price inflation of 99.5%, between August 2007 and May 2026, for detached houses, in the Havering local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 99.5% inflationary increase is applied to the most recent sale price for 3 MONARCH CLOSE of £265,000 on 17th August 2007. For the value to have increased from £265,000 to £528,750 over the nineteen years and three months to May 2026, the following assumptions must hold true:

• The value of 3 MONARCH CLOSE has moved in line with the HPI for detached houses in the Havering local authority area.
• The August 2007 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MONARCH CLOSE has not materially changed since August 2007.

Where is 3 MONARCH CLOSE?

3 MONARCH CLOSE is located in RAINHAM, in the RM13 postcode district.