196, GILLINGHAM ROAD, GILLINGHAM, ME7 4EY - £228,000

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.

196 GILLINGHAM ROAD is a very small extended terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £237,340. It was last sold for £228,000 in April 2022, which was around 12% below the average April 2022 terraced price in the Medway local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

196 GILLINGHAM ROAD Sold Prices

Land registry data shows three sales for 196 GILLINGHAM 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. All of the three 196 GILLINGHAM ROAD sales were for below 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
2022 4 APR	£228,000	£259,390	12% below HPI
2014 31 OCT	£140,000	£165,559	15% below HPI
2012 9 AUG	£70,000	£136,474	49% below HPI

196 GILLINGHAM 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 196 GILLINGHAM ROAD sales between August 2012 and April 2022 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 2014 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 196 GILLINGHAM ROAD be worth now?

196 GILLINGHAM ROAD might now be worth an estimated £237,340.

This is based on house price inflation of 4.1%, between April 2022 and June 2025, 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 4.1% inflationary increase is applied to the most recent sale price for 196 GILLINGHAM ROAD of £228,000 on 4th April 2022. For the value to have increased from £228,000 to £237,340 over the two years and ten months to June 2025, the following assumptions must hold true:

• The value of 196 GILLINGHAM ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2022 sale price of £228,000 represented a fair market value for the property.
• The size, condition, and specification of 196 GILLINGHAM ROAD has not materially changed since April 2022.

How Large is 196 GILLINGHAM ROAD?

196 GILLINGHAM ROAD is 85m², which includes two extensions, according to the EPC inspection conducted in August 2014. 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 196 GILLINGHAM ROAD lies on this distribution: 17% of terraced houses houses are smaller than 196 GILLINGHAM ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

196 GILLINGHAM ROAD: Plot and Title Map

196 GILLINGHAM ROAD sits on a plot of roughly 0.034 of an acre, or 139m². The below map shows the location of 196 GILLINGHAM 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 196 GILLINGHAM 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 196 GILLINGHAM ROAD?

196 GILLINGHAM ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 196 on GILLINGHAM ROAD.