30, MONARCH CLOSE, CHATHAM, ME5 7PD - £155,000

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.

30 MONARCH CLOSE is a terraced house, which could now be worth an estimated £251,190. It was last sold for £155,000 in January 2015, which was around 7% below the average January 2015 terraced price in the Medway local authority area.

30 MONARCH CLOSE Sold Prices

Land registry data shows five sales for 30 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Most of the five 30 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
2015 16 JAN	£155,000	£166,569	7% below HPI
2008 21 NOV	£132,000	£133,564	1% below HPI
2006 19 JUL	£133,000	£138,938	4% below HPI
2004 25 JUN	£125,000	£123,388	1% above HPI
2000 16 MAR	£59,995	£58,506	3% above HPI

What might 30 MONARCH CLOSE be worth now?

30 MONARCH CLOSE might now be worth an estimated £251,190.

This is based on house price inflation of 62.1%, between January 2015 and May 2026, for terraced houses, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 62.1% inflationary increase is applied to the most recent sale price for 30 MONARCH CLOSE of £155,000 on 16th January 2015. For the value to have increased from £155,000 to £251,190 over the ten years and eight months to May 2026, the following assumptions must hold true:

• The value of 30 MONARCH CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2015 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 30 MONARCH CLOSE has not materially changed since January 2015.

Where is 30 MONARCH CLOSE?

30 MONARCH CLOSE is located in CHATHAM, in the ME5 postcode district.