49, SHEPHERDS GATE, HEMPSTEAD, GILLINGHAM, ME7 3TG - £265,000

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.

49 SHEPHERDS GATE is a very small extended terraced house of 61m², built sometime between 1983 and 1990, which could now be worth an estimated £310,214. It was last sold for £265,000 in January 2021, which was around 14% above the average January 2021 terraced price in the Medway local authority area. The most recent EPC inspection was February 2020, where the current energy rating was C, and the potential energy rating was B.

49 SHEPHERDS GATE Sold Prices

Land registry data shows four sales for 49 SHEPHERDS GATE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Medway local authority area for the corresponding sale date. All of the four 49 SHEPHERDS GATE 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 8 JAN	£265,000	£232,188	14% above HPI
2007 14 DEC	£162,500	£154,529	5% above HPI
2004 13 AUG	£132,000	£128,950	2% above HPI
2002 26 SEP	£107,500	£93,046	16% above HPI

49 SHEPHERDS GATE 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 four 49 SHEPHERDS GATE sales between September 2002 and January 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 December 2007 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the January 2021 sale, where it rises to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 49 SHEPHERDS GATE be worth now?

49 SHEPHERDS GATE might now be worth an estimated £310,214.

This is based on house price inflation of 17.1%, between January 2021 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 17.1% inflationary increase is applied to the most recent sale price for 49 SHEPHERDS GATE of £265,000 on 8th January 2021. For the value to have increased from £265,000 to £310,214 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 49 SHEPHERDS GATE has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2021 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 49 SHEPHERDS GATE has not materially changed since January 2021.

How Large is 49 SHEPHERDS GATE?

49 SHEPHERDS GATE is 61m², which includes one extension, according to the EPC inspection conducted in February 2020. 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 49 SHEPHERDS GATE lies on this distribution: 4% of terraced houses houses are smaller than 49 SHEPHERDS GATE, and 96% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

49 SHEPHERDS GATE: Plot and Title Map

49 SHEPHERDS GATE sits on a plot of roughly 0.039 of an acre, or 158m². The below map shows the location of 49 SHEPHERDS GATE, 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 49 SHEPHERDS GATE). 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 49 SHEPHERDS GATE?

49 SHEPHERDS GATE is located in HEMPSTEAD, in the ME7 postcode district. The below map shows the position of No. 49 on SHEPHERDS GATE.