32, MONARCH CLOSE, CHATHAM, ME5 7PD - £140,000

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.

32 MONARCH CLOSE is a very small terraced house of 55m², built sometime between 1983 and 1990, which could now be worth an estimated £210,982. It was last sold for £140,000 in October 2015, which was around 22% below the average October 2015 terraced price in the Medway local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

32 MONARCH CLOSE Sold Prices

Land registry data shows one sale for 32 MONARCH CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2015 2 OCT	£140,000	£179,121	22% below HPI

What might 32 MONARCH CLOSE be worth now?

32 MONARCH CLOSE might now be worth an estimated £210,982.

This is based on house price inflation of 50.7%, between October 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 50.7% inflationary increase is applied to the most recent sale price for 32 MONARCH CLOSE of £140,000 on 2nd October 2015. For the value to have increased from £140,000 to £210,982 over the eleven years and five months to May 2026, the following assumptions must hold true:

• The value of 32 MONARCH CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2015 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 32 MONARCH CLOSE has not materially changed since October 2015.

How Large is 32 MONARCH CLOSE?

32 MONARCH CLOSE is 55m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 10% of terraced houses in Chatham, based on EPC data. The below chart shows the distribution of terraced houses by size in Chatham, and where 32 MONARCH CLOSE lies on this distribution: 9% of terraced houses are smaller than 32 MONARCH CLOSE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Chatham.

32 MONARCH CLOSE: Plot

32 MONARCH CLOSE sits on a plot of roughly 0.025 of an acre, or 101m².

Where is 32 MONARCH CLOSE?

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