4, MARION CLOSE, CHATHAM, ME5 9QA - £385,000

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.

4 MARION CLOSE is a small extended semi-detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £388,133. It was last sold for £385,000 in August 2023, which was around 12% above the average August 2023 semi-detached price in the Medway local authority area. The most recent EPC inspection was October 2014, where the current energy rating was E, and the potential energy rating was B.

4 MARION CLOSE Sold Prices

Land registry data shows one sale for 4 MARION CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached 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
2023 4 AUG	£385,000	£344,645	12% above HPI

What might 4 MARION CLOSE be worth now?

4 MARION CLOSE might now be worth an estimated £388,133.

This is based on house price inflation of 0.8%, between August 2023 and May 2026, for semi-detached 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 0.8% inflationary increase is applied to the most recent sale price for 4 MARION CLOSE of £385,000 on 4th August 2023. For the value to have increased from £385,000 to £388,133 over the three years and three months to May 2026, the following assumptions must hold true:

• The value of 4 MARION CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The August 2023 sale price of £385,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MARION CLOSE has not materially changed since August 2023.

How Large is 4 MARION CLOSE?

4 MARION CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 30% of semi-detached houses in Chatham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Chatham, and where 4 MARION CLOSE lies on this distribution: 28% of semi-detached houses are smaller than 4 MARION CLOSE, and 70% of semi-detached houses are larger. Note that EPC data is not available for all properties in Chatham.

4 MARION CLOSE: Plot

4 MARION CLOSE sits on a plot of roughly 0.144 of an acre, or 582m².

Where is 4 MARION CLOSE?

4 MARION CLOSE is located in CHATHAM, in the ME5 postcode district.