5, GRENADIER CLOSE, RAINHAM, GILLINGHAM, ME8 8NQ - £288,000

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.

5 GRENADIER CLOSE is a detached house, which could now be worth an estimated £492,869. It was last sold for £288,000 in December 2007, which was around 5% above the average December 2007 detached price in the Swale local authority area.

5 GRENADIER CLOSE Sold Prices

Land registry data shows two sales for 5 GRENADIER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Swale local authority area for the corresponding sale date. Both of the two 5 GRENADIER CLOSE 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
2007 10 DEC	£288,000	£274,679	5% above HPI
1999 14 MAY	£135,000	£110,090	23% above HPI

What might 5 GRENADIER CLOSE be worth now?

5 GRENADIER CLOSE might now be worth an estimated £492,869.

This is based on house price inflation of 71.1%, between December 2007 and May 2026, for detached houses, in the Swale local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 71.1% inflationary increase is applied to the most recent sale price for 5 GRENADIER CLOSE of £288,000 on 10th December 2007. For the value to have increased from £288,000 to £492,869 over the nineteen years and seven months to May 2026, the following assumptions must hold true:

• The value of 5 GRENADIER CLOSE has moved in line with the HPI for detached houses in the Swale local authority area.
• The December 2007 sale price of £288,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GRENADIER CLOSE has not materially changed since December 2007.

Where is 5 GRENADIER CLOSE?

5 GRENADIER CLOSE is located in RAINHAM, in the ME8 postcode district.