18, BEACON CLOSE, GILLINGHAM, ME8 9AP - £335,000

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.

18 BEACON CLOSE is a very small semi-detached house of 76m², built sometime between 1950 and 1966, which could now be worth an estimated £411,583. It was last sold for £335,000 in November 2018, which was around 17% above the average November 2018 semi-detached price in the Medway local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was B.

18 BEACON CLOSE Sold Prices

Land registry data shows four sales for 18 BEACON CLOSE 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. All of the four 18 BEACON 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
2018 30 NOV	£335,000	£286,182	17% above HPI
2012 26 SEP	£200,000	£171,218	17% above HPI
2000 4 MAY	£107,000	£81,853	31% above HPI
1998 31 JUL	£91,000	£64,823	40% above HPI

18 BEACON CLOSE 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 18 BEACON CLOSE sales between July 1998 and November 2018 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 September 2012 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the November 2018 sale, which was also at 17% above the HPI.

What might 18 BEACON CLOSE be worth now?

18 BEACON CLOSE might now be worth an estimated £411,583.

This is based on house price inflation of 22.9%, between November 2018 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 22.9% inflationary increase is applied to the most recent sale price for 18 BEACON CLOSE of £335,000 on 30th November 2018. For the value to have increased from £335,000 to £411,583 over the seven years and nine months to February 2025, the following assumptions must hold true:

• The value of 18 BEACON CLOSE has moved in line with the HPI for semi-detached houses in the Medway local authority area.
• The November 2018 sale price of £335,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BEACON CLOSE has not materially changed since November 2018.

How Large is 18 BEACON CLOSE?

18 BEACON CLOSE is 76m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% 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 18 BEACON CLOSE lies on this distribution: 11% of semi-detached houses houses are smaller than 18 BEACON CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

18 BEACON CLOSE: Plot and Title Map

18 BEACON CLOSE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 18 BEACON 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 18 BEACON 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 18 BEACON CLOSE?

18 BEACON CLOSE is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 18 on BEACON CLOSE.