8, OASTVIEW, RAINHAM, GILLINGHAM, ME8 8JQ - £215,500

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 OASTVIEW is a very small extended terraced house of 77m², built sometime between 1950 and 1966, which could now be worth an estimated £351,855. It was last sold for £215,500 in November 2014, which was around 30% above the average November 2014 terraced price in the Medway local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.

8 OASTVIEW Sold Prices

Land registry data shows four sales for 8 OASTVIEW 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 8 OASTVIEW 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
2014 7 NOV	£215,500	£165,376	30% above HPI
2014 10 MAR	£198,000	£149,541	32% above HPI
2011 9 MAR	£174,000	£133,864	30% above HPI
2001 9 APR	£91,995	£69,502	32% above HPI

8 OASTVIEW 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 8 OASTVIEW sales between April 2001 and November 2014 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 March 2014 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the November 2014 sale, where it falls to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 8 OASTVIEW be worth now?

8 OASTVIEW might now be worth an estimated £351,855.

This is based on house price inflation of 63.3%, between November 2014 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 63.3% inflationary increase is applied to the most recent sale price for 8 OASTVIEW of £215,500 on 7th November 2014. For the value to have increased from £215,500 to £351,855 over the eleven years and five months to June 2025, the following assumptions must hold true:

• The value of 8 OASTVIEW has moved in line with the HPI for terraced houses in the Medway local authority area.
• The November 2014 sale price of £215,500 represented a fair market value for the property.
• The size, condition, and specification of 8 OASTVIEW has not materially changed since November 2014.

How Large is 8 OASTVIEW?

8 OASTVIEW is 77m², which includes two extensions, according to the EPC inspection conducted in November 2013. 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 8 OASTVIEW lies on this distribution: 11% of terraced houses houses are smaller than 8 OASTVIEW, and 88% of houses are larger. Note that EPC data is not available for all properties in Gillingham.

8 OASTVIEW: Plot and Title Map

8 OASTVIEW sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 8 OASTVIEW, 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 OASTVIEW). 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 OASTVIEW?

8 OASTVIEW is located in RAINHAM, in the ME8 postcode district. The below map shows the position of No. 8 on OASTVIEW.