2, CHESTFIELD CLOSE, RAINHAM, GILLINGHAM, ME8 7DR - £280,000

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.

2 CHESTFIELD CLOSE is a midsized semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £371,871. It was last sold for £280,000 in October 2016, which was around 7% above the average October 2016 semi-detached price in the Medway local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was B.

2 CHESTFIELD CLOSE Sold Prices

Land registry data shows one sale for 2 CHESTFIELD 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
2016 7 OCT	£280,000	£261,612	7% above HPI

What might 2 CHESTFIELD CLOSE be worth now?

2 CHESTFIELD CLOSE might now be worth an estimated £371,871.

This is based on house price inflation of 32.8%, between October 2016 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 32.8% inflationary increase is applied to the most recent sale price for 2 CHESTFIELD CLOSE of £280,000 on 7th October 2016. For the value to have increased from £280,000 to £371,871 over the ten years and five months to May 2026, the following assumptions must hold true:

• The value of 2 CHESTFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The October 2016 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHESTFIELD CLOSE has not materially changed since October 2016.

How Large is 2 CHESTFIELD CLOSE?

2 CHESTFIELD CLOSE is 83m² according to the EPC inspection conducted in March 2016. This puts it in the smallest 50% 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 2 CHESTFIELD CLOSE lies on this distribution: 44% of semi-detached houses are smaller than 2 CHESTFIELD CLOSE, and 54% of semi-detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

2 CHESTFIELD CLOSE: Plot

2 CHESTFIELD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m².

Where is 2 CHESTFIELD CLOSE?

2 CHESTFIELD CLOSE is located in RAINHAM, in the ME8 postcode district.