22, SPRINGVALE, GILLINGHAM, ME8 0JG - £269,000

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.

22 SPRINGVALE is a very small extended detached house of 64m², built sometime between 1900 and 1929, which could now be worth an estimated £435,518. It was last sold for £269,000 in February 2015, which was around 17% below the average February 2015 detached price in the Medway local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was B.

22 SPRINGVALE Sold Prices

Land registry data shows one sale for 22 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average 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
2015 20 FEB	£269,000	£324,836	17% below HPI

What might 22 SPRINGVALE be worth now?

22 SPRINGVALE might now be worth an estimated £435,518.

This is based on house price inflation of 61.9%, between February 2015 and May 2026, for 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 61.9% inflationary increase is applied to the most recent sale price for 22 SPRINGVALE of £269,000 on 20th February 2015. For the value to have increased from £269,000 to £435,518 over the ten years and nine months to May 2026, the following assumptions must hold true:

• The value of 22 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The February 2015 sale price of £269,000 represented a fair market value for the property.
• The size, condition, and specification of 22 SPRINGVALE has not materially changed since February 2015.

How Large is 22 SPRINGVALE?

22 SPRINGVALE is 64m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 22 SPRINGVALE lies on this distribution: 5% of detached houses are smaller than 22 SPRINGVALE, and 95% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

22 SPRINGVALE: Plot

22 SPRINGVALE sits on a plot of roughly 0.183 of an acre, or 741m².

Where is 22 SPRINGVALE?

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