131, BEACON ROAD, CHATHAM, ME5 7BS - £124,000

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.

131 BEACON ROAD is a very small terraced house of 82m², built sometime between 1967 and 1975, which could now be worth an estimated £248,123. It was last sold for £124,000 in June 2011, which was around 8% below the average June 2011 terraced price in the Medway local authority area. The most recent EPC inspection was April 2009, where the current energy rating was D, and the potential energy rating was C.

131 BEACON ROAD Sold Prices

Land registry data shows three sales for 131 BEACON ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Two of the three 131 BEACON ROAD sales were for below the average price, whilst one was 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
2011 28 JUN	£124,000	£134,902	8% below HPI
2006 4 APR	£152,000	£134,646	13% above HPI
2000 7 APR	£58,995	£60,031	2% below HPI

131 BEACON ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Medway local authority area over time, sourced from the HPI. The three 131 BEACON ROAD sales between April 2000 and June 2011 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2006 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the June 2011 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 131 BEACON ROAD be worth now?

131 BEACON ROAD might now be worth an estimated £248,123.

This is based on house price inflation of 100.1%, between June 2011 and May 2026, for terraced 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 100.1% inflationary increase is applied to the most recent sale price for 131 BEACON ROAD of £124,000 on 28th June 2011. For the value to have increased from £124,000 to £248,123 over the fifteen years and one month to May 2026, the following assumptions must hold true:

• The value of 131 BEACON ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The June 2011 sale price of £124,000 represented a fair market value for the property.
• The size, condition, and specification of 131 BEACON ROAD has not materially changed since June 2011.

How Large is 131 BEACON ROAD?

131 BEACON ROAD is 82m² according to the EPC inspection conducted in April 2009. This puts it in the smallest 20% of terraced houses houses in Chatham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chatham, and where 131 BEACON ROAD lies on this distribution: 17% of terraced houses houses are smaller than 131 BEACON ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Chatham.

131 BEACON ROAD: Plot and Title Map

131 BEACON ROAD sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 131 BEACON ROAD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 131 BEACON ROAD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 131 BEACON ROAD?

131 BEACON ROAD is located in CHATHAM, in the ME5 postcode district. The below map shows the position of No. 131 on BEACON ROAD.