31, SILVERSPOT CLOSE, RAINHAM, GILLINGHAM, ME8 8JS - £165,000

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.

31 SILVERSPOT CLOSE is a semi-detached house, which could now be worth an estimated £307,111. It was last sold for £165,000 in April 2008, which was around 12% below the average April 2008 semi-detached price in the Medway local authority area.

31 SILVERSPOT CLOSE Sold Prices

Land registry data shows three sales for 31 SILVERSPOT CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Two of the three 31 SILVERSPOT CLOSE sales were for below the average price, whilst one was 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
2008 25 APR	£165,000	£186,673	12% below HPI
2002 7 FEB	£100,000	£106,892	6% below HPI
2001 9 FEB	£99,950	£90,628	10% above HPI

What might 31 SILVERSPOT CLOSE be worth now?

31 SILVERSPOT CLOSE might now be worth an estimated £307,111.

This is based on house price inflation of 86.1%, between April 2008 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 86.1% inflationary increase is applied to the most recent sale price for 31 SILVERSPOT CLOSE of £165,000 on 25th April 2008. For the value to have increased from £165,000 to £307,111 over the seventeen years and eleven months to May 2026, the following assumptions must hold true:

• The value of 31 SILVERSPOT CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The April 2008 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 31 SILVERSPOT CLOSE has not materially changed since April 2008.

Where is 31 SILVERSPOT CLOSE?

31 SILVERSPOT CLOSE is located in RAINHAM, in the ME8 postcode district.