16, SILVERSPOT CLOSE, RAINHAM, GILLINGHAM, ME8 8JR - £312,500

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 SILVERSPOT CLOSE is a very small extended terraced house of 85m², built sometime between 1967 and 1975, which could now be worth an estimated £312,153. It was last sold for £312,500 in May 2025, which was around 16% above the average May 2025 terraced price in the Medway local authority area. The most recent EPC inspection was December 2024, where the current energy rating was D, and the potential energy rating was B.

16 SILVERSPOT CLOSE Sold Prices

Land registry data shows four sales for 16 SILVERSPOT CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 16 SILVERSPOT CLOSE 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
2025 16 MAY	£312,500	£270,238	16% above HPI
2013 17 JUN	£165,000	£140,598	17% above HPI
2005 6 DEC	£167,500	£133,523	25% above HPI
2002 12 DEC	£128,000	£99,032	29% above HPI

16 SILVERSPOT CLOSE 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 four 16 SILVERSPOT CLOSE sales between December 2002 and May 2025 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 June 2013 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the May 2025 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 16 SILVERSPOT CLOSE be worth now?

16 SILVERSPOT CLOSE might now be worth an estimated £312,153.

This is based on house price deflation of 0.1%, between May 2025 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 0.1% deflationary decrease is applied to the most recent sale price for 16 SILVERSPOT CLOSE of £312,500 on 16th May 2025. For the value to have decreased from £312,500 to £312,153 over the one year to May 2026, the following assumptions must hold true:

• The value of 16 SILVERSPOT CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2025 sale price of £312,500 represented a fair market value for the property.
• The size, condition, and specification of 16 SILVERSPOT CLOSE has not materially changed since May 2025.

How Large is 16 SILVERSPOT CLOSE?

16 SILVERSPOT CLOSE is 85m², which includes two extensions, according to the EPC inspection conducted in December 2024. This puts it in the smallest 20% of terraced houses houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Gillingham, and where 16 SILVERSPOT CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 16 SILVERSPOT CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

16 SILVERSPOT CLOSE: Plot and Title Map

16 SILVERSPOT CLOSE sits on a plot of roughly 0.115 of an acre, or 464m². The below map shows the location of 16 SILVERSPOT CLOSE, 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 SILVERSPOT CLOSE). 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 SILVERSPOT CLOSE?

16 SILVERSPOT CLOSE is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 16 on SILVERSPOT CLOSE.