4, SPRINGVALE, GILLINGHAM, ME8 0JG - £310,000

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.

4 SPRINGVALE is a detached house, which could now be worth an estimated £661,605. It was last sold for £310,000 in July 2004, which was around 25% above the average July 2004 detached price in the Medway local authority area.

4 SPRINGVALE Sold Prices

Land registry data shows two sales for 4 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Both of the two 4 SPRINGVALE 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 5 JUL	£310,000	£248,584	25% above HPI
2002 13 DEC	£275,000	£217,466	26% above HPI

What might 4 SPRINGVALE be worth now?

4 SPRINGVALE might now be worth an estimated £661,605.

This is based on house price inflation of 113.4%, between July 2004 and April 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 113.4% inflationary increase is applied to the most recent sale price for 4 SPRINGVALE of £310,000 on 5th July 2004. For the value to have increased from £310,000 to £661,605 over the 22 years and three months to April 2026, the following assumptions must hold true:

• The value of 4 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The July 2004 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SPRINGVALE has not materially changed since July 2004.

Where is 4 SPRINGVALE?

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