3, SHEPHERDS GATE, HEMPSTEAD, GILLINGHAM, ME7 3TG - £206,000

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.

3 SHEPHERDS GATE is a terraced house, which could now be worth an estimated £425,656. It was last sold for £206,000 in November 2004, which was around 58% above the average November 2004 terraced price in the Medway local authority area.

3 SHEPHERDS GATE Sold Prices

Land registry data shows two sales for 3 SHEPHERDS GATE 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 3 SHEPHERDS GATE 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
2004 3 NOV	£206,000	£130,639	58% above HPI
2001 27 JUL	£127,500	£72,870	75% above HPI

What might 3 SHEPHERDS GATE be worth now?

3 SHEPHERDS GATE might now be worth an estimated £425,656.

This is based on house price inflation of 106.6%, between November 2004 and May 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 106.6% inflationary increase is applied to the most recent sale price for 3 SHEPHERDS GATE of £206,000 on 3rd November 2004. For the value to have increased from £206,000 to £425,656 over the 22 years and six months to May 2026, the following assumptions must hold true:

• The value of 3 SHEPHERDS GATE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2004 sale price of £206,000 represented a fair market value for the property.
• The size, condition, and specification of 3 SHEPHERDS GATE has not materially changed since November 2004.

Where is 3 SHEPHERDS GATE?

3 SHEPHERDS GATE is located in HEMPSTEAD, in the ME7 postcode district.