15, Monarch Close
15, Monarch Close
Description & Estimates
The public record lists 15, Monarch Close, Maidstone as a leasehold house.
Comparison with its neighbours suggests a modern house with 464 ft2 of internal area and a garden.
In this area, houses of this size normally have 2 bedrooms.
15, Monarch Close, Maidstone has an estimated sale value of £204,244 and an estimated rental value of £1,075 per month, assuming reasonable condition and based on the information available.
Monarch Close, Maidstone, ME15 lies in the borough of Maidstone, within the ME15 postal district.
Our Data Sources
15, Monarch Close, Maidstone has a single entry in the Land Registry from May 2022 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 15, Monarch Close, Maidstone would be worth £214,456, with a potential rental value of £1,129 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £189,947, with a rental value of £1,000 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Monarch Close, Maidstone has risen by £854 (0.4%) over the last year. During the same period, its estimated monthly rental value has moved up by £19 (1.8%). The property's estimated gross yield is currently 6.3%.
Sold Prices
15, Monarch Close, Maidstone last changed hands on 19th May 2022, selling for £120,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 13.4% since May 2022.
- Sold May 2022£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 540 metres of 15, Monarch Close, Maidstone across the last 2 years.
Most recently, 19, Newchurch Road, Maidstone, ME15 6UF, a freehold house, sold at £210,000 on the 12th June 2014.
Read more about house prices in ME15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Monarch Close, Maidstone as the 21st largest and the 21st most expensive of the 21 addresses on Monarch Close, Maidstone, ME15.
Against the ME15 postcode district average, it is £142k less expensive than the typical property.
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Schools Nearby
- 400mSouth Borough Primary School
- 700mPark Way Primary School
- 800mArchbishop Courtenay Primary School
- 700mMaidstone Grammar School
- 1.3kmNew Line Learning Academy
- 1.8kmInvicta Grammar School
More reading links
Public Transport Nearby
Maidstone West station is the nearest stop to 15, Monarch Close, Maidstone at 1.3 kilometres away.
- 1.3kmMaidstone West
- 2.0kmMaidstone East
- 2.1kmMaidstone Barracks
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
