48, PROSPECT PLACE, GRAVESEND, DA12 2SD - £158,000

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.

48 PROSPECT PLACE is a terraced house, which could now be worth an estimated £402,981. It was last sold for £158,000 in March 2003, which was around 30% above the average March 2003 terraced price in the Gravesham local authority area.

48 PROSPECT PLACE Sold Prices

Land registry data shows two sales for 48 PROSPECT PLACE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. One of the two 48 PROSPECT PLACE sales was for above the average price, whilst the other was 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
2003 24 MAR	£158,000	£121,857	30% above HPI
1995 17 NOV	£41,000	£47,862	14% below HPI

What might 48 PROSPECT PLACE be worth now?

48 PROSPECT PLACE might now be worth an estimated £402,981.

This is based on house price inflation of 155.1%, between March 2003 and May 2026, for terraced houses, in the Gravesham local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 155.1% inflationary increase is applied to the most recent sale price for 48 PROSPECT PLACE of £158,000 on 24th March 2003. For the value to have increased from £158,000 to £402,981 over the 22 years and ten months to May 2026, the following assumptions must hold true:

• The value of 48 PROSPECT PLACE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The March 2003 sale price of £158,000 represented a fair market value for the property.
• The size, condition, and specification of 48 PROSPECT PLACE has not materially changed since March 2003.

Where is 48 PROSPECT PLACE?

48 PROSPECT PLACE is located in GRAVESEND, in the DA12 postcode district.