40, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £186,000

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.

40 SHOREFIELDS is a terraced house, which could now be worth an estimated £375,470. It was last sold for £186,000 in April 2006, which was around 38% above the average April 2006 terraced price in the Medway local authority area.

40 SHOREFIELDS Sold Prices

Land registry data shows four sales for 40 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 40 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
2006 27 APR	£186,000	£134,646	38% above HPI
2002 15 NOV	£135,000	£97,037	39% above HPI
2000 10 NOV	£99,995	£66,514	50% above HPI
1997 29 AUG	£69,302	£45,676	52% above HPI

What might 40 SHOREFIELDS be worth now?

40 SHOREFIELDS might now be worth an estimated £375,470.

This is based on house price inflation of 101.9%, between April 2006 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 101.9% inflationary increase is applied to the most recent sale price for 40 SHOREFIELDS of £186,000 on 27th April 2006. For the value to have increased from £186,000 to £375,470 over the twenty years to April 2026, the following assumptions must hold true:

• The value of 40 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2006 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 40 SHOREFIELDS has not materially changed since April 2006.

Where is 40 SHOREFIELDS?

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