23, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SA - £155,000

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.

23 SHOREFIELDS is a terraced house, which could now be worth an estimated £291,145. It was last sold for £155,000 in January 2007, which was around 7% above the average January 2007 terraced price in the Medway local authority area.

23 SHOREFIELDS Sold Prices

Land registry data shows two sales for 23 SHOREFIELDS 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 23 SHOREFIELDS sales were for above 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
2007 24 JAN	£155,000	£144,703	7% above HPI
1997 13 JUN	£55,450	£44,524	25% above HPI

What might 23 SHOREFIELDS be worth now?

23 SHOREFIELDS might now be worth an estimated £291,145.

This is based on house price inflation of 87.8%, between January 2007 and April 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 87.8% inflationary increase is applied to the most recent sale price for 23 SHOREFIELDS of £155,000 on 24th January 2007. For the value to have increased from £155,000 to £291,145 over the eighteen years and nine months to April 2026, the following assumptions must hold true:

• The value of 23 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2007 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 23 SHOREFIELDS has not materially changed since January 2007.

Where is 23 SHOREFIELDS?

23 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district.