34, ILLUSTRIOUS CLOSE, CHATHAM, ME5 7RW - £119,995

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.

34 ILLUSTRIOUS CLOSE is a terraced house, which could now be worth an estimated £223,599. It was last sold for £119,995 in March 2007, which was around 17% below the average March 2007 terraced price in the Medway local authority area.

34 ILLUSTRIOUS CLOSE Sold Prices

Land registry data shows three sales for 34 ILLUSTRIOUS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 34 ILLUSTRIOUS CLOSE sales were for below 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 27 MAR	£119,995	£144,863	17% below HPI
2003 27 FEB	£83,500	£101,671	18% below HPI
1999 30 JUN	£39,000	£52,900	26% below HPI

What might 34 ILLUSTRIOUS CLOSE be worth now?

34 ILLUSTRIOUS CLOSE might now be worth an estimated £223,599.

This is based on house price inflation of 86.3%, between March 2007 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 86.3% inflationary increase is applied to the most recent sale price for 34 ILLUSTRIOUS CLOSE of £119,995 on 27th March 2007. For the value to have increased from £119,995 to £223,599 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 34 ILLUSTRIOUS CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2007 sale price of £119,995 represented a fair market value for the property.
• The size, condition, and specification of 34 ILLUSTRIOUS CLOSE has not materially changed since March 2007.

Where is 34 ILLUSTRIOUS CLOSE?

34 ILLUSTRIOUS CLOSE is located in CHATHAM, in the ME5 postcode district.