32, CHERRY TREE ROAD, RAINHAM, GILLINGHAM, ME8 8JZ - £213,334

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.

32 CHERRY TREE ROAD is a large terraced house of 84m², built sometime between 1950 and 1966, which could now be worth an estimated £248,019. It was last sold for £213,334 in January 2021, which was around 8% below the average January 2021 terraced price in the Medway local authority area. The most recent EPC inspection was May 2021, where the current energy rating was D, and the potential energy rating was B.

32 CHERRY TREE ROAD Sold Prices

Land registry data shows one sale for 32 CHERRY TREE ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced price in the Medway local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 19 JAN	£213,334	£232,188	8% below HPI

What might 32 CHERRY TREE ROAD be worth now?

32 CHERRY TREE ROAD might now be worth an estimated £248,019.

This is based on house price inflation of 16.3%, between January 2021 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 16.3% inflationary increase is applied to the most recent sale price for 32 CHERRY TREE ROAD of £213,334 on 19th January 2021. For the value to have increased from £213,334 to £248,019 over the four years and eight months to May 2026, the following assumptions must hold true:

• The value of 32 CHERRY TREE ROAD has moved in line with the HPI for terraced houses in the Medway local authority area.
• The January 2021 sale price of £213,334 represented a fair market value for the property.
• The size, condition, and specification of 32 CHERRY TREE ROAD has not materially changed since January 2021.

How Large is 32 CHERRY TREE ROAD?

32 CHERRY TREE ROAD is 84m² according to the EPC inspection conducted in May 2021. This puts it in the largest 40% of terraced houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Gillingham, and where 32 CHERRY TREE ROAD lies on this distribution: 62% of terraced houses are smaller than 32 CHERRY TREE ROAD, and 36% of terraced houses are larger. Note that EPC data is not available for all properties in Gillingham.

32 CHERRY TREE ROAD: Plot

32 CHERRY TREE ROAD sits on a plot of roughly 0.092 of an acre, or 372m².

Where is 32 CHERRY TREE ROAD?

32 CHERRY TREE ROAD is located in RAINHAM, in the ME8 postcode district.