38, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £74,000

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.

38 SHOREFIELDS is a terraced house, which could now be worth an estimated £308,551. It was last sold for £74,000 in July 2000, which was around 14% above the average July 2000 terraced price in the Medway local authority area.

38 SHOREFIELDS Sold Prices

Land registry data shows three sales for 38 SHOREFIELDS 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 38 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
2000 7 JUL	£74,000	£65,187	14% above HPI
1999 29 JAN	£59,995	£50,996	18% above HPI
1997 20 NOV	£54,950	£47,227	16% above HPI

What might 38 SHOREFIELDS be worth now?

38 SHOREFIELDS might now be worth an estimated £308,551.

This is based on house price inflation of 317%, between July 2000 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 317% inflationary increase is applied to the most recent sale price for 38 SHOREFIELDS of £74,000 on 7th July 2000. For the value to have increased from £74,000 to £308,551 over the 26 years and three months to April 2026, the following assumptions must hold true:

• The value of 38 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The July 2000 sale price of £74,000 represented a fair market value for the property.
• The size, condition, and specification of 38 SHOREFIELDS has not materially changed since July 2000.

Where is 38 SHOREFIELDS?

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