1, SPRINGVALE, GILLINGHAM, ME8 0JG - £285,000

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.

1 SPRINGVALE is a large detached house of 138m², built sometime between 1967 and 1975, which could now be worth an estimated £456,454. It was last sold for £285,000 in May 2015, which was around 13% below the average May 2015 detached price in the Medway local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

1 SPRINGVALE Sold Prices

Land registry data shows one sale for 1 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2015 27 MAY	£285,000	£328,372	13% below HPI

What might 1 SPRINGVALE be worth now?

1 SPRINGVALE might now be worth an estimated £456,454.

This is based on house price inflation of 60.2%, between May 2015 and May 2026, for 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 60.2% inflationary increase is applied to the most recent sale price for 1 SPRINGVALE of £285,000 on 27th May 2015. For the value to have increased from £285,000 to £456,454 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 1 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2015 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SPRINGVALE has not materially changed since May 2015.

How Large is 1 SPRINGVALE?

1 SPRINGVALE is 138m² according to the EPC inspection conducted in September 2012. This puts it in the largest 40% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 1 SPRINGVALE lies on this distribution: 68% of detached houses are smaller than 1 SPRINGVALE, and 31% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 SPRINGVALE: Plot

1 SPRINGVALE sits on a plot of roughly 0.042 of an acre, or 170m².

Where is 1 SPRINGVALE?

1 SPRINGVALE is located in GILLINGHAM, in the ME8 postcode district.