3, BEACON CLOSE, GILLINGHAM, ME8 9AP - £292,500

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.

3 BEACON CLOSE is a small terraced house of 71m², built sometime between 1967 and 1975, which could now be worth an estimated £369,844. It was last sold for £292,500 in January 2020, which was around 37% above the average January 2020 terraced price in the Medway local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

3 BEACON CLOSE Sold Prices

Land registry data shows one sale for 3 BEACON CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2020 10 JAN	£292,500	£213,487	37% above HPI

What might 3 BEACON CLOSE be worth now?

3 BEACON CLOSE might now be worth an estimated £369,844.

This is based on house price inflation of 26.4%, between January 2020 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 26.4% inflationary increase is applied to the most recent sale price for 3 BEACON CLOSE of £292,500 on 10th January 2020. For the value to have increased from £292,500 to £369,844 over the five years and eight months to May 2026, the following assumptions must hold true:

• The value of 3 BEACON CLOSE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2020 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 3 BEACON CLOSE has not materially changed since January 2020.

How Large is 3 BEACON CLOSE?

3 BEACON CLOSE is 71m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of terraced houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Gillingham, and where 3 BEACON CLOSE lies on this distribution: 24% of terraced houses are smaller than 3 BEACON CLOSE, and 74% of terraced houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 BEACON CLOSE: Plot

3 BEACON CLOSE sits on a plot of roughly 0.074 of an acre, or 300m².

Where is 3 BEACON CLOSE?

3 BEACON CLOSE is located in GILLINGHAM, in the ME8 postcode district.