30, SOLOMON ROAD, RAINHAM, GILLINGHAM, ME8 8EA - £169,950

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.

30 SOLOMON ROAD is a very small terraced house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £275,363. It was last sold for £169,950 in May 2015, which was around 2% above the average May 2015 terraced price in the Medway local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

30 SOLOMON ROAD Sold Prices

Land registry data shows two sales for 30 SOLOMON 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. One of the two 30 SOLOMON ROAD sales was for above the average price, whilst the other was 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
2015 29 MAY	£169,950	£166,602	2% above HPI
2009 9 APR	£115,000	£120,921	5% below HPI

30 SOLOMON 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 30 SOLOMON ROAD sales from April 2009 and May 2015 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 April 2009 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2015 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

What might 30 SOLOMON ROAD be worth now?

30 SOLOMON ROAD might now be worth an estimated £275,363.

This is based on house price inflation of 62%, between May 2015 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 62% inflationary increase is applied to the most recent sale price for 30 SOLOMON ROAD of £169,950 on 29th May 2015. For the value to have increased from £169,950 to £275,363 over the eleven years to May 2026, the following assumptions must hold true:

• The value of 30 SOLOMON ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The May 2015 sale price of £169,950 represented a fair market value for the property.
• The size, condition, and specification of 30 SOLOMON ROAD has not materially changed since May 2015.

How Large is 30 SOLOMON ROAD?

30 SOLOMON ROAD is 48m² according to the EPC inspection conducted in October 2008. 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 30 SOLOMON ROAD lies on this distribution: 1% of terraced houses houses are smaller than 30 SOLOMON ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

30 SOLOMON ROAD: Plot and Title Map

30 SOLOMON ROAD sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 30 SOLOMON 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 30 SOLOMON 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 30 SOLOMON ROAD?

30 SOLOMON ROAD is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 30 on SOLOMON ROAD.