17, PROSPECT PLACE, GRAVESEND, DA12 2SD - £142,500

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.

17 PROSPECT PLACE is a midsized flat of 54m², built sometime between 1983 and 1990, which could now be worth an estimated £152,355. It was last sold for £142,500 in October 2020, which was around 12% below the average October 2020 flat price in the Gravesham local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

17 PROSPECT PLACE Sold Prices

Land registry data shows three sales for 17 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average flat price in the Gravesham local authority area for the corresponding sale date. All of the three 17 PROSPECT PLACE 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
2020 19 OCT	£142,500	£161,092	12% below HPI
2018 14 FEB	£110,000	£167,669	34% below HPI
2009 17 AUG	£43,000	£106,729	60% below HPI

What might 17 PROSPECT PLACE be worth now?

17 PROSPECT PLACE might now be worth an estimated £152,355.

This is based on house price inflation of 6.9%, between October 2020 and May 2026, for flats, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 6.9% inflationary increase is applied to the most recent sale price for 17 PROSPECT PLACE of £142,500 on 19th October 2020. For the value to have increased from £142,500 to £152,355 over the six years and five months to May 2026, the following assumptions must hold true:

• The value of 17 PROSPECT PLACE has moved in line with the HPI for flats in the Gravesham local authority area.
• The October 2020 sale price of £142,500 represented a fair market value for the property.
• The size, condition, and specification of 17 PROSPECT PLACE has not materially changed since October 2020.

How Large is 17 PROSPECT PLACE?

17 PROSPECT PLACE is 54m² according to the EPC inspection conducted in August 2019. This puts it in the largest 50% of flats in Gravesend, based on EPC data. 49% of flats are smaller than 17 PROSPECT PLACE, and 49% of flats are larger. Note that EPC data is not available for all properties in Gravesend.

17 PROSPECT PLACE: Plot

17 PROSPECT PLACE sits on a plot of roughly 3.6 acres, or 14,432m².

Where is 17 PROSPECT PLACE?

17 PROSPECT PLACE is located in GRAVESEND, in the DA12 postcode district.