6, SPRINGVALE, GILLINGHAM, ME8 0JG - £220,000

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.

6 SPRINGVALE is a detached house, which could now be worth an estimated £481,770. It was last sold for £220,000 in December 2003, which was around 8% below the average December 2003 detached price in the Medway local authority area.

6 SPRINGVALE Sold Prices

Land registry data shows two sales for 6 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. One of the two 6 SPRINGVALE sales was for below the average price, whilst the other was 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
2003 5 DEC	£220,000	£240,160	8% below HPI
2000 20 APR	£143,000	£130,277	10% above HPI

What might 6 SPRINGVALE be worth now?

6 SPRINGVALE might now be worth an estimated £481,770.

This is based on house price inflation of 119%, between December 2003 and May 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 119% inflationary increase is applied to the most recent sale price for 6 SPRINGVALE of £220,000 on 5th December 2003. For the value to have increased from £220,000 to £481,770 over the 23 years and seven months to May 2026, the following assumptions must hold true:

• The value of 6 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The December 2003 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 6 SPRINGVALE has not materially changed since December 2003.

Where is 6 SPRINGVALE?

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