7, THE CROFTERS, RAINHAM, GILLINGHAM, ME8 8DF - £287,000

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.

7 THE CROFTERS is a detached house, which could now be worth an estimated £590,945. It was last sold for £287,000 in August 2004, which was around 12% above the average August 2004 detached price in the Medway local authority area.

7 THE CROFTERS Sold Prices

Land registry data shows three sales for 7 THE CROFTERS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 7 THE CROFTERS 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
2004 6 AUG	£287,000	£255,419	12% above HPI
2003 9 MAY	£285,000	£229,233	24% above HPI
1998 30 OCT	£157,000	£109,287	44% above HPI

What might 7 THE CROFTERS be worth now?

7 THE CROFTERS might now be worth an estimated £590,945.

This is based on house price inflation of 105.9%, between August 2004 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 105.9% inflationary increase is applied to the most recent sale price for 7 THE CROFTERS of £287,000 on 6th August 2004. For the value to have increased from £287,000 to £590,945 over the 22 years and three months to May 2026, the following assumptions must hold true:

• The value of 7 THE CROFTERS has moved in line with the HPI for detached houses in the Medway local authority area.
• The August 2004 sale price of £287,000 represented a fair market value for the property.
• The size, condition, and specification of 7 THE CROFTERS has not materially changed since August 2004.

Where is 7 THE CROFTERS?

7 THE CROFTERS is located in RAINHAM, in the ME8 postcode district.