64, JUNCTION ROAD, GILLINGHAM, ME7 4EG - £203,155

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.

64 JUNCTION ROAD is a very small terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £244,486. It was last sold for £203,155 in September 2018, which was around 9% below the average September 2018 terraced price in the Medway local authority area. The most recent EPC inspection was June 2018, where the current energy rating was F, and the potential energy rating was B.

64 JUNCTION ROAD Sold Prices

Land registry data shows two sales for 64 JUNCTION ROAD 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 64 JUNCTION ROAD sales were for below 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 14 SEP	£203,155	£224,304	9% below HPI
1997 22 JUL	£39,500	£44,815	12% below HPI

64 JUNCTION ROAD 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 64 JUNCTION ROAD sales from July 1997 and September 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 July 1997 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the September 2018 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 64 JUNCTION ROAD be worth now?

64 JUNCTION ROAD might now be worth an estimated £244,486.

This is based on house price inflation of 20.3%, between September 2018 and May 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 20.3% inflationary increase is applied to the most recent sale price for 64 JUNCTION ROAD of £203,155 on 14th September 2018. For the value to have increased from £203,155 to £244,486 over the eight years and four months to May 2026, the following assumptions must hold true:

• The value of 64 JUNCTION ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The September 2018 sale price of £203,155 represented a fair market value for the property.
• The size, condition, and specification of 64 JUNCTION ROAD has not materially changed since September 2018.

How Large is 64 JUNCTION ROAD?

64 JUNCTION ROAD is 85m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 20% 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 64 JUNCTION ROAD lies on this distribution: 16% of terraced houses houses are smaller than 64 JUNCTION ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

64 JUNCTION ROAD: Plot and Title Map

64 JUNCTION ROAD sits on a plot of roughly 0.041 of an acre, or 165m². The below map shows the location of 64 JUNCTION ROAD, 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 64 JUNCTION ROAD). 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 64 JUNCTION ROAD?

64 JUNCTION ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 64 on JUNCTION ROAD.