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.
8 SCHOLEY CLOSE is a semi-detached house, which could now be worth an estimated £358,880. It was last sold for £189,995 in June 2007, which was around 3% above the average June 2007 semi-detached price in the Medway local authority area.
Land registry data shows four sales for 8 SCHOLEY CLOSE since 1st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Medway local authority area for the corresponding sale date. Most of the four 8 SCHOLEY 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 29 JUN | £189,995 | £183,944 | 3% above HPI |
2003 17 APR | £135,995 | £139,512 | 3% below HPI |
1997 5 SEP | £62,500 | £60,781 | 3% above HPI |
1995 21 DEC | £64,950 | £51,809 | 25% above HPI |
8 SCHOLEY CLOSE might now be worth an estimated £358,880.
This is based on house price inflation of 88.9%, between June 2007 and May 2026, for semi-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 88.9% inflationary increase is applied to the most recent sale price for 8 SCHOLEY CLOSE of £189,995 on 29th June 2007. For the value to have increased from £189,995 to £358,880 over the nineteen years and one month to May 2026, the following assumptions must hold true:
8 SCHOLEY CLOSE is located in HALLING, in the ME2 postcode district.
Most recent sales first: