7, LULLINGSTONE CLOSE, HEMPSTEAD, GILLINGHAM, ME7 3TS - £367,000

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.

7 LULLINGSTONE CLOSE is a detached house, which could now be worth an estimated £707,880. It was last sold for £367,000 in May 2007, which was around 35% above the average May 2007 detached price in the Medway local authority area.

7 LULLINGSTONE CLOSE Sold Prices

Land registry data shows three sales for 7 LULLINGSTONE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. All of the three 7 LULLINGSTONE 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 25 MAY	£367,000	£272,662	35% above HPI
1999 5 NOV	£190,000	£125,068	52% above HPI
1996 28 JUN	£133,000	£84,529	57% above HPI

What might 7 LULLINGSTONE CLOSE be worth now?

7 LULLINGSTONE CLOSE might now be worth an estimated £707,880.

This is based on house price inflation of 92.9%, between May 2007 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 92.9% inflationary increase is applied to the most recent sale price for 7 LULLINGSTONE CLOSE of £367,000 on 25th May 2007. For the value to have increased from £367,000 to £707,880 over the nineteen years to May 2026, the following assumptions must hold true:

• The value of 7 LULLINGSTONE CLOSE has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2007 sale price of £367,000 represented a fair market value for the property.
• The size, condition, and specification of 7 LULLINGSTONE CLOSE has not materially changed since May 2007.

Where is 7 LULLINGSTONE CLOSE?

7 LULLINGSTONE CLOSE is located in HEMPSTEAD, in the ME7 postcode district.