7, SPRINGVALE, GILLINGHAM, ME8 0JG - £250,000

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 SPRINGVALE is a detached house, which could now be worth an estimated £500,863. It was last sold for £250,000 in November 2011, which was around 5% below the average November 2011 detached price in the Medway local authority area.

7 SPRINGVALE Sold Prices

Land registry data shows one sale for 7 SPRINGVALE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 24 NOV	£250,000	£262,506	5% below HPI

What might 7 SPRINGVALE be worth now?

7 SPRINGVALE might now be worth an estimated £500,863.

This is based on house price inflation of 100.3%, between November 2011 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 100.3% inflationary increase is applied to the most recent sale price for 7 SPRINGVALE of £250,000 on 24th November 2011. For the value to have increased from £250,000 to £500,863 over the fifteen years and six months to May 2026, the following assumptions must hold true:

• The value of 7 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The November 2011 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SPRINGVALE has not materially changed since November 2011.

Where is 7 SPRINGVALE?

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