56, LORTON CLOSE, GRAVESEND, DA12 4EX - £150,000

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.

56 LORTON CLOSE is a terraced house, which could now be worth an estimated £315,702. It was last sold for £150,000 in June 2004, which was around 2% above the average June 2004 terraced price in the Gravesham local authority area.

56 LORTON CLOSE Sold Prices

Land registry data shows three sales for 56 LORTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Gravesham local authority area for the corresponding sale date. All of the three 56 LORTON 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
2004 22 JUN	£150,000	£147,670	2% above HPI
2002 9 JUL	£115,000	£105,147	9% above HPI
2000 15 SEP	£86,995	£82,520	5% above HPI

What might 56 LORTON CLOSE be worth now?

56 LORTON CLOSE might now be worth an estimated £315,702.

This is based on house price inflation of 110.5%, between June 2004 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 110.5% inflationary increase is applied to the most recent sale price for 56 LORTON CLOSE of £150,000 on 22nd June 2004. For the value to have increased from £150,000 to £315,702 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 56 LORTON CLOSE has moved in line with the HPI for terraced houses in the Gravesham local authority area.
• The June 2004 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 56 LORTON CLOSE has not materially changed since June 2004.

Where is 56 LORTON CLOSE?

56 LORTON CLOSE is located in GRAVESEND, in the DA12 postcode district.