7, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SA - £108,000

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 SHOREFIELDS is a detached house, which could now be worth an estimated £515,796. It was last sold for £108,000 in April 1999, which was around 3% below the average April 1999 detached price in the Medway local authority area.

7 SHOREFIELDS Sold Prices

Land registry data shows two sales for 7 SHOREFIELDS 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. Both of the two 7 SHOREFIELDS sales were 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
1999 21 APR	£108,000	£111,085	3% below HPI
1996 18 DEC	£79,250	£89,709	12% below HPI

What might 7 SHOREFIELDS be worth now?

7 SHOREFIELDS might now be worth an estimated £515,796.

This is based on house price inflation of 377.6%, between April 1999 and April 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 377.6% inflationary increase is applied to the most recent sale price for 7 SHOREFIELDS of £108,000 on 21st April 1999. For the value to have increased from £108,000 to £515,796 over the 27 years to April 2026, the following assumptions must hold true:

• The value of 7 SHOREFIELDS has moved in line with the HPI for detached houses in the Medway local authority area.
• The April 1999 sale price of £108,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SHOREFIELDS has not materially changed since April 1999.

Where is 7 SHOREFIELDS?

7 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district.