1, BLOOMFIELDS, RAINHAM, GILLINGHAM, ME8 7BZ - £345,000

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 BLOOMFIELDS is a very large semi-detached house of 111m², built in 2020, which could now be worth an estimated £429,512. It was last sold for £345,000 in July 2020, which was around 21% above the average July 2020 semi-detached price in the Medway local authority area. The most recent EPC inspection was July 2020, where the current energy rating was B, and the potential energy rating was A.

1 BLOOMFIELDS Sold Prices

Land registry data shows one sale for 1 BLOOMFIELDS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-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
2020 31 JUL	£345,000	£284,380	21% above HPI

What might 1 BLOOMFIELDS be worth now?

1 BLOOMFIELDS might now be worth an estimated £429,512.

This is based on house price inflation of 24.5%, between July 2020 and July 2026, for semi-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 24.5% inflationary increase is applied to the most recent sale price for 1 BLOOMFIELDS of £345,000 on 31st July 2020. For the value to have increased from £345,000 to £429,512 over the six years to July 2026, the following assumptions must hold true:

• The value of 1 BLOOMFIELDS has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The July 2020 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BLOOMFIELDS has not materially changed since July 2020.

How Large is 1 BLOOMFIELDS?

1 BLOOMFIELDS is 111m² according to the EPC inspection conducted in July 2020. This puts it in the largest 20% of semi-detached houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Gillingham, and where 1 BLOOMFIELDS lies on this distribution: 82% of semi-detached houses are smaller than 1 BLOOMFIELDS, and 17% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

1 BLOOMFIELDS: Plot

1 BLOOMFIELDS sits on a plot of roughly 0.049 of an acre, or 197m².

Where is 1 BLOOMFIELDS?

1 BLOOMFIELDS is located in RAINHAM, in the ME8 postcode district.