1B, HERBERT ROAD, GILLINGHAM, ME8 9BZ - £295,000

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.

1B HERBERT ROAD is a very small terraced house of 67m², built sometime between 1950 and 1966, which could now be worth an estimated £341,196. It was last sold for £295,000 in March 2021, which was around 26% above the average March 2021 terraced 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.

1B HERBERT ROAD Sold Prices

Land registry data shows two sales for 1B HERBERT ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Both of the two 1B HERBERT 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
2021 5 MAR	£295,000	£235,003	26% above HPI
2013 5 SEP	£165,000	£143,911	15% above HPI

1B HERBERT 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 two 1B HERBERT ROAD sales from September 2013 and March 2021 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 2013 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2021 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

What might 1B HERBERT ROAD be worth now?

1B HERBERT ROAD might now be worth an estimated £341,196.

This is based on house price inflation of 15.7%, between March 2021 and April 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 15.7% inflationary increase is applied to the most recent sale price for 1B HERBERT ROAD of £295,000 on 5th March 2021. For the value to have increased from £295,000 to £341,196 over the four years and eleven months to April 2026, the following assumptions must hold true:

• The value of 1B HERBERT ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The March 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1B HERBERT ROAD has not materially changed since March 2021.

How Large is 1B HERBERT ROAD?

1B HERBERT ROAD is 67m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 10% 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 1B HERBERT ROAD lies on this distribution: 6% of terraced houses houses are smaller than 1B HERBERT ROAD, and 94% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

1B HERBERT ROAD: Plot and Title Map

1B HERBERT ROAD sits on a plot of roughly 0.070 of an acre, or 283m². The below map shows the location of 1B HERBERT 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 1B HERBERT 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 1B HERBERT ROAD?

1B HERBERT ROAD is located in GILLINGHAM, in the ME8 postcode district. The below map shows the position of No. 1B on HERBERT ROAD.