3, SMYATTS CLOSE, SOUTHMINSTER, CM0 7JT - £324,000

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 SMYATTS CLOSE is a detached house, which could now be worth an estimated £575,038. It was last sold for £324,000 in July 2007, which was around 1% above the average July 2007 detached price in the Maldon local authority area.

3 SMYATTS CLOSE Sold Prices

Land registry data shows two sales for 3 SMYATTS 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 SMYATTS 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 5 JUL	£324,000	£319,460	1% above HPI
1999 26 FEB	£165,000	£118,733	39% above HPI

What might 3 SMYATTS CLOSE be worth now?

3 SMYATTS CLOSE might now be worth an estimated £575,038.

This is based on house price inflation of 77.5%, between July 2007 and March 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 77.5% inflationary increase is applied to the most recent sale price for 3 SMYATTS CLOSE of £324,000 on 5th July 2007. For the value to have increased from £324,000 to £575,038 over the nineteen years and four months to March 2026, the following assumptions must hold true:

• The value of 3 SMYATTS CLOSE has moved in line with the HPI for detached houses in the Maldon local authority area.
• The July 2007 sale price of £324,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SMYATTS CLOSE has not materially changed since July 2007.

Where is 3 SMYATTS CLOSE?

3 SMYATTS CLOSE is located in SOUTHMINSTER, in the CM0 postcode district.