UPPER FLAT, 178A, NELSON ROAD, GILLINGHAM, ME7 4LU - £105,000

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.

UPPER FLAT is a flat, which could now be worth an estimated £103,032. It was last sold for £105,000 in October 2024, which was around 38% below the average October 2024 flat price in the Medway local authority area.

UPPER FLAT Sold Prices

Land registry data shows two sales for UPPER FLAT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Medway local authority area for the corresponding sale date. Both of the two UPPER FLAT 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
2024 28 OCT	£105,000	£169,484	38% below HPI
1996 7 JUN	£15,000	£32,354	54% below HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £103,032.

This is based on house price deflation of 1.9%, between October 2024 and May 2026, for flats, in the Medway local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.9% deflationary decrease is applied to the most recent sale price for UPPER FLAT of £105,000 on 28th October 2024. For the value to have decreased from £105,000 to £103,032 over the two years and five months to May 2026, the following assumptions must hold true:

• The value of UPPER FLAT has moved in line with the HPI for flats in the Medway local authority area.
• The October 2024 sale price of £105,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since October 2024.