46, SHOREFIELDS, RAINHAM, GILLINGHAM, ME8 8SB - £300,000

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.

46 SHOREFIELDS is a very small terraced house of 54m², built sometime between 1996 and 2002, which could now be worth an estimated £293,570. It was last sold for £300,000 in October 2022, which was around 8% above the average October 2022 terraced price in the Medway local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

46 SHOREFIELDS Sold Prices

Land registry data shows seven sales for 46 SHOREFIELDS since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. Most of the seven 46 SHOREFIELDS 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
2022 17 OCT	£300,000	£277,757	8% above HPI
2021 21 APR	£233,000	£234,524	1% below HPI
2015 16 OCT	£172,000	£179,121	4% below HPI
2004 19 NOV	£140,000	£130,639	7% above HPI
2000 31 MAR	£70,000	£58,506	20% above HPI
2000 31 MAR	£70,500	£58,506	21% above HPI
1997 1 OCT	£55,950	£47,218	18% above HPI

What might 46 SHOREFIELDS be worth now?

46 SHOREFIELDS might now be worth an estimated £293,570.

This is based on house price deflation of 2.1%, between October 2022 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 2.1% deflationary decrease is applied to the most recent sale price for 46 SHOREFIELDS of £300,000 on 17th October 2022. For the value to have decreased from £300,000 to £293,570 over the four years and six months to April 2026, the following assumptions must hold true:

• The value of 46 SHOREFIELDS has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 46 SHOREFIELDS has not materially changed since October 2022.

How Large is 46 SHOREFIELDS?

46 SHOREFIELDS is 54m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of terraced houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Gillingham, and where 46 SHOREFIELDS lies on this distribution: 4% of terraced houses are smaller than 46 SHOREFIELDS, and 95% of terraced houses are larger. Note that EPC data is not available for all properties in Gillingham.

46 SHOREFIELDS: Plot

46 SHOREFIELDS sits on a plot of roughly 0.033 of an acre, or 134m².

Where is 46 SHOREFIELDS?

46 SHOREFIELDS is located in RAINHAM, in the ME8 postcode district.