18, CONSTITUTION ROAD, CHATHAM, ME5 7DN - £230,000

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 CONSTITUTION ROAD is a small detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £289,445. It was last sold for £230,000 in March 2017, which was around 45% below the average March 2017 detached price in the Medway local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

18 CONSTITUTION ROAD Sold Prices

Land registry data shows one sale for 18 CONSTITUTION ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 31 MAR	£230,000	£417,907	45% below HPI

What might 18 CONSTITUTION ROAD be worth now?

18 CONSTITUTION ROAD might now be worth an estimated £289,445.

This is based on house price inflation of 25.8%, between March 2017 and May 2026, for 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 25.8% inflationary increase is applied to the most recent sale price for 18 CONSTITUTION ROAD of £230,000 on 31st March 2017. For the value to have increased from £230,000 to £289,445 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 18 CONSTITUTION ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The March 2017 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 18 CONSTITUTION ROAD has not materially changed since March 2017.

How Large is 18 CONSTITUTION ROAD?

18 CONSTITUTION ROAD is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 30% of detached houses in Chatham, based on EPC data. The below chart shows the distribution of detached houses by size in Chatham, and where 18 CONSTITUTION ROAD lies on this distribution: 26% of detached houses are smaller than 18 CONSTITUTION ROAD, and 73% of detached houses are larger. Note that EPC data is not available for all properties in Chatham.

18 CONSTITUTION ROAD: Plot

18 CONSTITUTION ROAD sits on a plot of roughly 0.027 of an acre, or 109m².

Where is 18 CONSTITUTION ROAD?

18 CONSTITUTION ROAD is located in CHATHAM, in the ME5 postcode district.