8, MEDWAY ROAD, GILLINGHAM, ME7 1NH - £400,000

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.

8 MEDWAY ROAD is a very large extended detached house of 236m², which could now be worth an estimated £802,756. It was last sold for £400,000 in May 2010, which was around 51% above the average May 2010 detached price in the Medway local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

8 MEDWAY ROAD Sold Prices

Land registry data shows three sales for 8 MEDWAY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Medway local authority area for the corresponding sale date. Two of the three 8 MEDWAY ROAD sales were for above the average price, whilst one was 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
2010 26 MAY	£400,000	£265,295	51% above HPI
2002 19 JUL	£285,000	£193,546	47% above HPI
1997 27 JUN	£90,000	£94,109	4% below HPI

8 MEDWAY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Medway local authority area over time, sourced from the HPI. The three 8 MEDWAY ROAD sales between June 1997 and May 2010 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 2002 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2010 sale, where it rises to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 8 MEDWAY ROAD be worth now?

8 MEDWAY ROAD might now be worth an estimated £802,756.

This is based on house price inflation of 100.7%, between May 2010 and June 2025, for detached 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 100.7% inflationary increase is applied to the most recent sale price for 8 MEDWAY ROAD of £400,000 on 26th May 2010. For the value to have increased from £400,000 to £802,756 over the fourteen years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 MEDWAY ROAD has moved in line with the HPI for detached houses in the Medway local authority area.
• The May 2010 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MEDWAY ROAD has not materially changed since May 2010.

How Large is 8 MEDWAY ROAD?

8 MEDWAY ROAD is 236m², which includes one extension, according to the EPC inspection conducted in October 2009. This puts it in the largest 10% of detached houses houses in Gillingham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Gillingham, and where 8 MEDWAY ROAD lies on this distribution: 96% of detached houses houses are smaller than 8 MEDWAY ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 MEDWAY ROAD: Plot and Title Map

8 MEDWAY ROAD sits on a plot of roughly 0.120 of an acre, or 486m². The below map shows the location of 8 MEDWAY 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 8 MEDWAY 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 8 MEDWAY ROAD?

8 MEDWAY ROAD is located in GILLINGHAM, in the ME7 postcode district. The below map shows the position of No. 8 on MEDWAY ROAD.