5, RESTMORE CLOSE, CLIFFE, ROCHESTER, ME3 7GL - £410,000

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.

5 RESTMORE CLOSE is a detached house, which could now be worth an estimated £698,996. It was last sold for £410,000 in July 2014, which was around 33% above the average July 2014 detached price in the Medway local authority area.

5 RESTMORE CLOSE Sold Prices

Land registry data shows two sales for 5 RESTMORE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 5 RESTMORE CLOSE 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
2014 21 JUL	£410,000	£308,480	33% above HPI
2003 23 JUN	£243,500	£231,580	5% above HPI

What might 5 RESTMORE CLOSE be worth now?

5 RESTMORE CLOSE might now be worth an estimated £698,996.

This is based on house price inflation of 70.5%, between July 2014 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 70.5% inflationary increase is applied to the most recent sale price for 5 RESTMORE CLOSE of £410,000 on 21st July 2014. For the value to have increased from £410,000 to £698,996 over the twelve years and two months to May 2026, the following assumptions must hold true:

• The value of 5 RESTMORE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2014 sale price of £410,000 represented a fair market value for the property.
• The size, condition, and specification of 5 RESTMORE CLOSE has not materially changed since July 2014.

Where is 5 RESTMORE CLOSE?

5 RESTMORE CLOSE is located in CLIFFE, in the ME3 postcode district.