MONALEE, 37A, THE CHASE, BOREHAM, CHELMSFORD, CM3 3DF - £595,000

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.

MONALEE is a detached house, which could now be worth an estimated £694,800. It was last sold for £595,000 in November 2019, which was around 1% above the average November 2019 detached price in the Chelmsford local authority area.

MONALEE Sold Prices

Land registry data shows two sales for MONALEE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chelmsford local authority area for the corresponding sale date. Both of the two MONALEE 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
2019 19 NOV	£595,000	£590,075	1% above HPI
2008 20 FEB	£434,500	£388,356	12% above HPI

What might MONALEE be worth now?

MONALEE might now be worth an estimated £694,800.

This is based on house price inflation of 16.8%, between November 2019 and May 2026, for detached houses, in the Chelmsford local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.8% inflationary increase is applied to the most recent sale price for MONALEE of £595,000 on 19th November 2019. For the value to have increased from £595,000 to £694,800 over the seven years and six months to May 2026, the following assumptions must hold true:

• The value of MONALEE has moved in line with the HPI for detached houses in the Chelmsford local authority area.
• The November 2019 sale price of £595,000 represented a fair market value for the property.
• The size, condition, and specification of MONALEE has not materially changed since November 2019.

Where is MONALEE?

MONALEE is located on THE CHASE in BOREHAM, in the CM3 postcode district.