3, PROSPECT CLOSE, GILLINGHAM, SP8 4NZ - £186,000

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.

3 PROSPECT CLOSE is a very small terraced house of 54m², built sometime between 1991 and 1995, which could now be worth an estimated £187,240. It was last sold for £186,000 in May 2024, which was around 29% below the average May 2024 terraced price in the Dorset local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

3 PROSPECT CLOSE Sold Prices

Land registry data shows two sales for 3 PROSPECT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Dorset local authority area for the corresponding sale date. Both of the two 3 PROSPECT CLOSE 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
2024 28 MAY	£186,000	£262,247	29% below HPI
2007 1 JUN	£143,000	£182,856	22% below HPI

3 PROSPECT CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Dorset local authority area over time, sourced from the HPI. The two 3 PROSPECT CLOSE sales from June 2007 and May 2024 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 June 2007 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 3 PROSPECT CLOSE be worth now?

3 PROSPECT CLOSE might now be worth an estimated £187,240.

This is based on house price inflation of 0.7%, between May 2024 and June 2025, for terraced houses, in the Dorset local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.7% inflationary increase is applied to the most recent sale price for 3 PROSPECT CLOSE of £186,000 on 28th May 2024. For the value to have increased from £186,000 to £187,240 over the eleven months to June 2025, the following assumptions must hold true:

• The value of 3 PROSPECT CLOSE has moved in line with the HPI for terraced houses in the Dorset local authority area.
• The May 2024 sale price of £186,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PROSPECT CLOSE has not materially changed since May 2024.

How Large is 3 PROSPECT CLOSE?

3 PROSPECT CLOSE is 54m² according to the EPC inspection conducted in August 2023. 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 3 PROSPECT CLOSE lies on this distribution: 1% of terraced houses houses are smaller than 3 PROSPECT CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

3 PROSPECT CLOSE: Plot and Title Map

3 PROSPECT CLOSE sits on a plot of roughly 0.026 of an acre, or 104m². The below map shows the location of 3 PROSPECT 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 3 PROSPECT 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 3 PROSPECT CLOSE?

3 PROSPECT CLOSE is located in GILLINGHAM, in the SP8 postcode district. The below map shows the position of No. 3 on PROSPECT CLOSE.