16, SPRINGVALE, GILLINGHAM, ME8 0JG - £340,000

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.

16 SPRINGVALE is a semi-detached house, which could now be worth an estimated £707,841. It was last sold for £340,000 in January 2006, which was around 104% above the average January 2006 semi-detached price in the Medway local authority area.

16 SPRINGVALE Sold Prices

Land registry data shows one sale for 16 SPRINGVALE 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
2006 12 JAN	£340,000	£166,892	104% above HPI

What might 16 SPRINGVALE be worth now?

16 SPRINGVALE might now be worth an estimated £707,841.

This is based on house price inflation of 108.2%, between January 2006 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 108.2% inflationary increase is applied to the most recent sale price for 16 SPRINGVALE of £340,000 on 12th January 2006. For the value to have increased from £340,000 to £707,841 over the nineteen years and eight months to May 2026, the following assumptions must hold true:

• The value of 16 SPRINGVALE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The January 2006 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SPRINGVALE has not materially changed since January 2006.

Where is 16 SPRINGVALE?

16 SPRINGVALE is located in GILLINGHAM, in the ME8 postcode district.