UPPER FLAT, 75, STATION ROAD, RAINHAM, GILLINGHAM, ME8 7SB - £202,000

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 £185,928. It was last sold for £202,000 in December 2022, which was around 12% above the average December 2022 flat price in the Medway local authority area.

UPPER FLAT Sold Prices

Land registry data shows four sales for UPPER FLAT since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Medway local authority area for the corresponding sale date. Most of the four 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
2022 19 DEC	£202,000	£180,684	12% above HPI
2006 21 JUL	£107,000	£110,248	3% below HPI
2003 11 APR	£79,000	£86,176	8% below HPI
1999 9 APR	£34,000	£39,899	15% below HPI

What might UPPER FLAT be worth now?

UPPER FLAT might now be worth an estimated £185,928.

This is based on house price deflation of 8%, between December 2022 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 8% deflationary decrease is applied to the most recent sale price for UPPER FLAT of £202,000 on 19th December 2022. For the value to have decreased from £202,000 to £185,928 over the four years and seven 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 December 2022 sale price of £202,000 represented a fair market value for the property.
• The size, condition, and specification of UPPER FLAT has not materially changed since December 2022.