37, SPRINGVALE, GILLINGHAM, ME8 0JG - £245,000

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.

37 SPRINGVALE is a very large extended detached house of 326m², built sometime from 2012 onwards, which could now be worth an estimated £465,926. It was last sold for £245,000 in June 2007, which was around 11% below the average June 2007 detached price in the Medway local authority area. The most recent EPC inspection was March 2015, where the current energy rating was C, and the potential energy rating was C.

37 SPRINGVALE Sold Prices

Land registry data shows one sale for 37 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
2007 22 JUN	£245,000	£276,546	11% below HPI

What might 37 SPRINGVALE be worth now?

37 SPRINGVALE might now be worth an estimated £465,926.

This is based on house price inflation of 90.2%, between June 2007 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 90.2% inflationary increase is applied to the most recent sale price for 37 SPRINGVALE of £245,000 on 22nd June 2007. For the value to have increased from £245,000 to £465,926 over the nineteen years and one month to May 2026, the following assumptions must hold true:

• The value of 37 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The June 2007 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 37 SPRINGVALE has not materially changed since June 2007.

How Large is 37 SPRINGVALE?

37 SPRINGVALE is 326m², which includes one extension, according to the EPC inspection conducted in March 2015. This puts it in the largest 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 37 SPRINGVALE lies on this distribution: 99% of detached houses are smaller than 37 SPRINGVALE, and 1% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

37 SPRINGVALE: Plot

37 SPRINGVALE sits on a plot of roughly 0.179 of an acre, or 726m².

Where is 37 SPRINGVALE?

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