342, BEECHINGS WAY, RAINHAM, GILLINGHAM, ME8 7BG - £230,000

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.

342 BEECHINGS WAY is a small extended terraced house of 71m², built sometime between 1950 and 1966, which could now be worth an estimated £283,841. It was last sold for £230,000 in October 2019, which was around 5% above the average October 2019 terraced price in the Medway local authority area. The most recent EPC inspection was August 2019, where the current energy rating was E, and the potential energy rating was C.

342 BEECHINGS WAY Sold Prices

Land registry data shows one sale for 342 BEECHINGS WAY 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
2019 11 OCT	£230,000	£218,734	5% above HPI

What might 342 BEECHINGS WAY be worth now?

342 BEECHINGS WAY might now be worth an estimated £283,841.

This is based on house price inflation of 23.4%, between October 2019 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 23.4% inflationary increase is applied to the most recent sale price for 342 BEECHINGS WAY of £230,000 on 11th October 2019. For the value to have increased from £230,000 to £283,841 over the seven years and five months to May 2026, the following assumptions must hold true:

• The value of 342 BEECHINGS WAY has moved in line with the HPI for terraced houses in the Medway local authority area.
• The October 2019 sale price of £230,000 represented a fair market value for the property.
• The size, condition, and specification of 342 BEECHINGS WAY has not materially changed since October 2019.

How Large is 342 BEECHINGS WAY?

342 BEECHINGS WAY is 71m², which includes one extension, according to the EPC inspection conducted in August 2019. This puts it in the smallest 30% of terraced houses in Gillingham, based on EPC data. The below chart shows the distribution of terraced houses by size in Gillingham, and where 342 BEECHINGS WAY lies on this distribution: 24% of terraced houses are smaller than 342 BEECHINGS WAY, and 74% of terraced houses are larger. Note that EPC data is not available for all properties in Gillingham.

342 BEECHINGS WAY: Plot

342 BEECHINGS WAY sits on a plot of roughly 0.030 of an acre, or 120m².

Where is 342 BEECHINGS WAY?

342 BEECHINGS WAY is located in RAINHAM, in the ME8 postcode district.