4, CONVEYOR DRIVE, HALLING, ROCHESTER, ME2 1FJ - £362,500

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.

4 CONVEYOR DRIVE is a midsized terraced house of 120m², built sometime from 2012 onwards, which could now be worth an estimated £449,254. It was last sold for £362,500 in April 2018, which was around 65% above the average April 2018 terraced price in the Medway local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

4 CONVEYOR DRIVE Sold Prices

Land registry data shows two sales for 4 CONVEYOR DRIVE 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 4 CONVEYOR DRIVE 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
2018 27 APR	£362,500	£219,317	65% above HPI
2015 24 SEP	£299,995	£177,768	69% above HPI

4 CONVEYOR DRIVE 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 4 CONVEYOR DRIVE sales from September 2015 and April 2018 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 2015 sale was for 69% above the HPI. So the extrapolation line tracks at 69% above the HPI over time, until the April 2018 sale, where it falls to 65% above the HPI. The line then continues to track at 65% above the HPI.

What might 4 CONVEYOR DRIVE be worth now?

4 CONVEYOR DRIVE might now be worth an estimated £449,254.

This is based on house price inflation of 23.9%, between April 2018 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 23.9% inflationary increase is applied to the most recent sale price for 4 CONVEYOR DRIVE of £362,500 on 27th April 2018. For the value to have increased from £362,500 to £449,254 over the eight years to April 2026, the following assumptions must hold true:

• The value of 4 CONVEYOR DRIVE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2018 sale price of £362,500 represented a fair market value for the property.
• The size, condition, and specification of 4 CONVEYOR DRIVE has not materially changed since April 2018.

How Large is 4 CONVEYOR DRIVE?

4 CONVEYOR DRIVE is 120m² according to the EPC inspection conducted in September 2017. This puts it in the largest 40% of terraced houses houses in Halling, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Halling, and where 4 CONVEYOR DRIVE lies on this distribution: 49% of terraced houses houses are smaller than 4 CONVEYOR DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Halling.

4 CONVEYOR DRIVE: Plot and Title Map

4 CONVEYOR DRIVE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 4 CONVEYOR DRIVE, 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 4 CONVEYOR DRIVE). 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 4 CONVEYOR DRIVE?

4 CONVEYOR DRIVE is located in HALLING, in the ME2 postcode district. The below map shows the position of No. 4 on CONVEYOR DRIVE.