42, OASTVIEW, RAINHAM, GILLINGHAM, ME8 8JQ - £355,000

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.

42 OASTVIEW is a small extended terraced house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £365,684. It was last sold for £355,000 in April 2023, which was around 35% above the average April 2023 terraced price in the Medway local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

42 OASTVIEW Sold Prices

Land registry data shows three sales for 42 OASTVIEW since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the three 42 OASTVIEW 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
2023 28 APR	£355,000	£262,127	35% above HPI
2020 18 SEP	£305,000	£223,224	37% above HPI
1995 10 AUG	£63,000	£41,292	53% above HPI

42 OASTVIEW 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 three 42 OASTVIEW sales between August 1995 and April 2023 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 2020 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the April 2023 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 42 OASTVIEW be worth now?

42 OASTVIEW might now be worth an estimated £365,684.

This is based on house price inflation of 3%, between April 2023 and June 2025, 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 3% inflationary increase is applied to the most recent sale price for 42 OASTVIEW of £355,000 on 28th April 2023. For the value to have increased from £355,000 to £365,684 over the one year and ten months to June 2025, the following assumptions must hold true:

• The value of 42 OASTVIEW has moved in line with the HPI for terraced houses in the Medway local authority area.
• The April 2023 sale price of £355,000 represented a fair market value for the property.
• The size, condition, and specification of 42 OASTVIEW has not materially changed since April 2023.

How Large is 42 OASTVIEW?

42 OASTVIEW is 92m², which includes one extension, according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 42 OASTVIEW lies on this distribution: 23% of terraced houses houses are smaller than 42 OASTVIEW, and 77% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

42 OASTVIEW: Plot and Title Map

42 OASTVIEW sits on a plot of roughly 0.055 of an acre, or 223m². The below map shows the location of 42 OASTVIEW, 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 42 OASTVIEW). 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 42 OASTVIEW?

42 OASTVIEW is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 42 on OASTVIEW.