1, ILLUSTRIOUS CLOSE, CHATHAM, ME5 7RW - £32,000

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 ILLUSTRIOUS CLOSE is a semi-detached house, which could now be worth an estimated £197,924. It was last sold for £32,000 in March 1997, which was around 43% below the average March 1997 semi-detached price in the Medway local authority area.

1 ILLUSTRIOUS CLOSE Sold Prices

Land registry data shows one sale for 1 ILLUSTRIOUS CLOSE 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
1997 27 MAR	£32,000	£56,175	43% below HPI

What might 1 ILLUSTRIOUS CLOSE be worth now?

1 ILLUSTRIOUS CLOSE might now be worth an estimated £197,924.

This is based on house price inflation of 518.5%, between March 1997 and May 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 518.5% inflationary increase is applied to the most recent sale price for 1 ILLUSTRIOUS CLOSE of £32,000 on 27th March 1997. For the value to have increased from £32,000 to £197,924 over the 28 years and ten months to May 2026, the following assumptions must hold true:

• The value of 1 ILLUSTRIOUS CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The March 1997 sale price of £32,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ILLUSTRIOUS CLOSE has not materially changed since March 1997.

Where is 1 ILLUSTRIOUS CLOSE?

1 ILLUSTRIOUS CLOSE is located in CHATHAM, in the ME5 postcode district.