9, SPRINGVALE, GILLINGHAM, ME8 0JG - £275,000

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.

9 SPRINGVALE is a very small extended detached house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £547,584. It was last sold for £275,000 in September 2011, which was around 4% above the average September 2011 detached price in the Medway local authority area. The most recent EPC inspection was June 2010, where the current energy rating was E, and the potential energy rating was D.

9 SPRINGVALE Sold Prices

Land registry data shows one sale for 9 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 30 SEP	£275,000	£264,119	4% above HPI

What might 9 SPRINGVALE be worth now?

9 SPRINGVALE might now be worth an estimated £547,584.

This is based on house price inflation of 99.1%, between September 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 99.1% inflationary increase is applied to the most recent sale price for 9 SPRINGVALE of £275,000 on 30th September 2011. For the value to have increased from £275,000 to £547,584 over the fifteen years and four months to May 2026, the following assumptions must hold true:

• The value of 9 SPRINGVALE has moved in line with the HPI for detached houses in the Medway local authority area.
• The September 2011 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 9 SPRINGVALE has not materially changed since September 2011.

How Large is 9 SPRINGVALE?

9 SPRINGVALE is 84m², which includes one extension, according to the EPC inspection conducted in June 2010. This puts it in the smallest 20% of detached houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses by size in Gillingham, and where 9 SPRINGVALE lies on this distribution: 15% of detached houses are smaller than 9 SPRINGVALE, and 84% of detached houses are larger. Note that EPC data is not available for all properties in Gillingham.

9 SPRINGVALE: Plot

9 SPRINGVALE sits on a plot of roughly 0.098 of an acre, or 397m².

Where is 9 SPRINGVALE?

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