48, GALLEON WAY, UPNOR, ROCHESTER, ME2 4GX - £365,000

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.

48 GALLEON WAY is a very small terraced house of 76m², built sometime between 1996 and 2002, which could now be worth an estimated £406,810. It was last sold for £365,000 in August 2021, which was around 51% above the average August 2021 terraced price in the Medway local authority area. The most recent EPC inspection was February 2021, where the current energy rating was C, and the potential energy rating was B.

48 GALLEON WAY Sold Prices

Land registry data shows two sales for 48 GALLEON WAY 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 48 GALLEON WAY 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
2021 26 AUG	£365,000	£242,265	51% above HPI
2003 28 FEB	£177,995	£101,671	75% above HPI

48 GALLEON WAY 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 48 GALLEON WAY sales from February 2003 and August 2021 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 February 2003 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the August 2021 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 48 GALLEON WAY be worth now?

48 GALLEON WAY might now be worth an estimated £406,810.

This is based on house price inflation of 11.5%, between August 2021 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 11.5% inflationary increase is applied to the most recent sale price for 48 GALLEON WAY of £365,000 on 26th August 2021. For the value to have increased from £365,000 to £406,810 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 48 GALLEON WAY has moved in line with the HPI for terraced houses in the Medway local authority area.
• The August 2021 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GALLEON WAY has not materially changed since August 2021.

How Large is 48 GALLEON WAY?

48 GALLEON WAY is 76m² according to the EPC inspection conducted in February 2021. This puts it in the smallest 10% of terraced houses houses in Lower Upnor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Lower Upnor, and where 48 GALLEON WAY lies on this distribution: Less than 1% of terraced houses houses are smaller than 48 GALLEON WAY, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Lower Upnor.

48 GALLEON WAY: Plot and Title Map

48 GALLEON WAY sits on a plot of roughly 0.052 of an acre, or 211m². The below map shows the location of 48 GALLEON WAY, 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 48 GALLEON WAY). 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 48 GALLEON WAY?

48 GALLEON WAY is located in UPNOR, in the ME2 postcode district. The below map shows the position of No. 48 on GALLEON WAY.