12, CONSTITUTION ROAD, CHATHAM, ME5 7DN - £120,000

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.

12 CONSTITUTION ROAD is a terraced house, which could now be worth an estimated £226,753. It was last sold for £120,000 in August 2008, which was around 16% below the average August 2008 terraced price in the Medway local authority area.

12 CONSTITUTION ROAD Sold Prices

Land registry data shows two sales for 12 CONSTITUTION ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 12 CONSTITUTION ROAD sales were for below 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
2008 29 AUG	£120,000	£142,854	16% below HPI
2002 13 DEC	£92,500	£99,032	7% below HPI

What might 12 CONSTITUTION ROAD be worth now?

12 CONSTITUTION ROAD might now be worth an estimated £226,753.

This is based on house price inflation of 89%, between August 2008 and May 2026, for terraced 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 89% inflationary increase is applied to the most recent sale price for 12 CONSTITUTION ROAD of £120,000 on 29th August 2008. For the value to have increased from £120,000 to £226,753 over the eighteen years and three months to May 2026, the following assumptions must hold true:

• The value of 12 CONSTITUTION ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2008 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 12 CONSTITUTION ROAD has not materially changed since August 2008.

Where is 12 CONSTITUTION ROAD?

12 CONSTITUTION ROAD is located in CHATHAM, in the ME5 postcode district.