16, CHERRY TREE ROAD, RAINHAM, GILLINGHAM, ME8 8JU - £377,500

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.

16 CHERRY TREE ROAD is a very small semi-detached house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £407,354. It was last sold for £377,500 in May 2024, which was around 16% above the average May 2024 semi-detached price in the Medway local authority area. The most recent EPC inspection was December 2023, where the current energy rating was C, and the potential energy rating was B.

16 CHERRY TREE ROAD Sold Prices

Land registry data shows four sales for 16 CHERRY TREE ROAD since 1^st 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 16 CHERRY TREE ROAD 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
2024 17 MAY	£377,500	£325,837	16% above HPI
2016 26 OCT	£315,000	£261,612	20% above HPI
2012 17 DEC	£196,000	£171,091	15% above HPI
2012 29 MAR	£155,000	£167,425	7% below HPI

16 CHERRY TREE ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Medway local authority area over time, sourced from the HPI. The four 16 CHERRY TREE ROAD sales between March 2012 and May 2024 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 October 2016 sale was for 20% above the HPI. So the extrapolation line tracks at 20% above the HPI over time, until the May 2024 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 CHERRY TREE ROAD be worth now?

16 CHERRY TREE ROAD might now be worth an estimated £407,354.

This is based on house price inflation of 7.9%, between May 2024 and February 2025, 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 7.9% inflationary increase is applied to the most recent sale price for 16 CHERRY TREE ROAD of £377,500 on 17th May 2024. For the value to have increased from £377,500 to £407,354 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 16 CHERRY TREE ROAD has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The May 2024 sale price of £377,500 represented a fair market value for the property.
• The size, condition, and specification of 16 CHERRY TREE ROAD has not materially changed since May 2024.

How Large is 16 CHERRY TREE ROAD?

16 CHERRY TREE ROAD is 71m² according to the EPC inspection conducted in December 2023. This puts it in the smallest 10% of semi-detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Gillingham, and where 16 CHERRY TREE ROAD lies on this distribution: 8% of semi-detached houses houses are smaller than 16 CHERRY TREE ROAD, and 91% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 CHERRY TREE ROAD: Plot and Title Map

16 CHERRY TREE ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 16 CHERRY TREE 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 16 CHERRY TREE 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 16 CHERRY TREE ROAD?

16 CHERRY TREE ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 16 on CHERRY TREE ROAD.